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MANILA, Philippines – The national government may need a total of P429 billion to fund its ongoing response measures should the Middle East conflict reach December 2026, the Department of Economy, Planning, and Development (DepDev) told senators on Monday. This is nearly double the P238 billion funding that has been identified by the Department of Budget and Management needed to respond to the effects of the Middle East escalations. “If the tension in the Middle East will extend to the next six months, that is July to December the demand for resources will be much greater and we’ll have to […]... Keep on reading: DepDev: P429B fund needed if Middle East conflict extends to December
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