Recent News | Senate

Pakistan Senate Delegation Meets CPSP Leaders

A delegation from the Senate met with Prof Khalid Masood Gondal, senior vice president of the College of Physicians and Surgeons Pakistan (CPSP), to discuss postgraduate medical education in the country. The CPSP has partnerships with institutions in the UK and Ireland, endorsed by the World Health Organisation, as part of its "brain gain" initiative. Senators praised the CPSP's contributions to medical education but emphasized the need for continuous improvement, particularly in addressing ethical practices and research in medical education. They also highlighted the importance of strengthening undergraduate medical training alongside postgraduate programs.

https://www.thenews.com.pk/print/1270198-cpsp-highlights-mandatory-ethics-training-for-specialist-doctors-seeks-govt-support-for-global-outreach

Victoria's Elite Schools Face Funding Cuts

Victoria's most expensive private schools, including Geelong Grammar, Penleigh and Essendon Grammar, and Mentone Grammar, will have their federal funding reduced over the next five years due to being "overfunded" by millions of dollars. The list of 299 schools, published for the first time during Senate estimates, includes institutions that have banked excess funds from the Commonwealth since 2024. Education Minister Jason Clare has vowed to transition these schools down to their assessed School Resourcing Standard (SRS) by 2029.


December 29, 2024

Recto Sees Robust Growth with P6.3 Trillion Budget

Finance Secretary Ralph Recto expressed confidence that the economy will experience a robust growth next year following the signing of the P6.3 trillion national budget for 2025. The budget prioritizes education and capital outlay sector initiatives, aligning with the Philippine Development Plan (PDP) 2023-2028 goals. Senate President Francis Escudero noted that the country avoided starting the new year on a reenacted budget, while Senator Grace Poe highlighted the importance of fiscal discipline in the budget's approval process. The President vetoed certain items in the budget measure's unprogrammed appropriations to ensure government spending is based on solid revenues.

https://www.manilatimes.net/2024/12/31/news/marcos-signs-2025-budget-vetoes-p194b/2028297

November 22, 2024

Revilla's Bill Aims to Educate OFW Finances

A bill aimed at enhancing the financial literacy of overseas Filipino workers (OFWs) is currently pending in the Senate after being filed in August. The bill, known as Senate Bill 2792, was approved by a committee and is now awaiting further review. Senator Bong Revilla co-sponsored the bill, emphasizing that financial literacy is an essential tool for OFWs to manage their earnings, investments, and remittances effectively.

https://www.manilatimes.net/2024/11/24/opinion/editorial/making-remittances-count/2010142