AGP Executive Report
Last update: 6 hours agoImpeachment Trial: COA auditor Roderick Wamil testified in VP Sara Duterte’s impeachment that confidential funds audits were done only for the OVP and DepEd because previous occupants had no such allocations, as the Senate court also granted banks extra time to submit Duterte’s financial records. Local Governance & Services: Manila Water said it is boosting supply resilience despite El Niño, using backwash recovery that can add up to 46 million liters a day. Labor & Wages: Malacañang vowed to fight the Pasig court TRO that paused the Metro Manila P85 wage hike, with the OSG ready to defend the wage order. Energy Costs: Fuel prices roll back slightly this week—diesel down 60 centavos, gasoline down 73 centavos, kerosene down P2.09—while power bills may rise as ERC approved a higher FIT-All line-item rate. Business & Economy: The World Bank cut PH growth forecasts to 3.7% in 2026 and 5.2% in 2027, citing policy uncertainty and Middle East-driven oil shocks. Education: DepEd conducted an unannounced visit to a private school in BGC to align private innovations with national learning and safety standards. Public Safety & Justice: NBI said it will file about 30 more flood-control anomaly cases with DOJ as part of its ongoing probe. Policy & Tax Relief: Sen. Mark Villar filed a bill to exempt MSMEs from the Minimum Corporate Income Tax, while lawmakers push to raise the income tax exemption ceiling to P350,000.
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