News list for "budget system"

Philippines plans to launch blockchain budget system, legal experts warn of risks

The Philippine Senate is considering Bill 1330, introduced in late August by Senator Paolo Benigno "Bam" Aquino IV, which plans to spend about $8.60 million to streamline state budget records, with the aim of increasing transparency in government spending and curbing corruption. The move comes amid intense public concern over alleged irregularities in about $9.20 billion infrastructure projects. However, several legal experts have expressed their views on this...

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2025-10-16 15:52:57
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