AGP Executive Report
Last update: 11 hours agoCost of Living: Inflation accelerated to 7.8% in October, with transport costs up 20.1% and inflation for the poorest households at 9.5%. Labor groups are seeking a ₱200 daily wage increase; the government says prices of basic goods will stay unchanged through year-end. Energy Security: President Marcos marked the start of gas flow from new Malampaya wells, adding an estimated 222 billion cubic feet to domestic reserves and reducing reliance on imports. Budget Watch: House Speaker Bojie Dy plans to convene the appropriations panel to discuss transparency reforms, including public access to budget documents and details of lawmakers’ proposed changes. Impeachment Trial: The Senate court admitted financial and property records in the case against Vice President Sara Duterte but barred documents tied to a withdrawn charge; defense witness Ralph Sarmiento has declined to testify. Trade and Growth: Senators urged Japan to remove tariffs on Philippine farm products, while revised data put second-quarter growth at 2.4% and first-half growth at 2.6%, well below the government’s full-year target.
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