AGP Executive Report
Last update: 4 hours agoPeso Slide: The peso hit a record low of ₱63.80 to the US dollar on Monday, as markets braced for the US Federal Reserve’s next rate decision. Budget Fallout: The Ombudsman will form a study group to identify who may have “gamed” government budgets after the Supreme Court struck down provisions in the 2024 and 2025 budgets and parts of 2026’s unprogrammed appropriations. Air Force Crash: The Defense Department has opened an investigation into Friday’s Batangas crash that killed four pilots; the Air Force has grounded its SF-260 trainer fleet pending the findings. Cabinet Shake-up: Vince Dizon returns to lead the Transportation Department, while Giovanni Lopez takes over Public Works, as President Marcos says the moves aim to speed up services and sustain reforms. Political Tensions: Interior Secretary Jonvic Remulla urged Sen. Ronald dela Rosa to surrender or face an intensified manhunt over an International Criminal Court warrant. Farm Support: A new solar-powered irrigation system in Cagayan is designed to serve 307 farmers across 602 hectares and sharply cut monthly operating costs.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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