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DBM allocates P8.8 billion for DOST program

Published Sep 23, 2024 05:22 am

President Ferdinand R. Marcos Jr. has allocated a total of P8.8 billion for the Grants-In-Aid (GIA) Program, according to the Department of Budget and Management (DBM).

Implemented by the Department of Science and Technology (DOST), the GIA Program supports the continuation of various science, technology, and innovation initiatives.

"This GIA Program aims to spur economic growth through the strategic application of science and technology. By providing grants or funding to projects and proposals aligned with the DOST's priorities and thrusts, the Program intends to foster innovation and drive sustainable development," the president said in his message.

The DBM said that the program aims to enhance participation in research, technology transfer, human resources, and information dissemination across various science and technology sectors.

"I've always been an advocate of advancing research and development in the country. Thus, we shall continue providing necessary support to crucial programs such as GIA to help empower our innovators, researchers, and learners, to make a difference in society through science and technology undertakings," DBM Secretary Amenah F. Pangandaman said.

The Harmonized National Research and Development Agenda (HNRDA) 2022-2028 provides a comprehensive framework for prioritizing science, technology, and innovation projects in the Philippines, the department added.

In his message, Marcos emphasized the importance of using science, technology, and innovation to drive economic and social transformation.

“He mentioned the administration's goal of establishing the Philippines as a regional hub for smart and sustainable manufacturing, innovation, creativity, and sustainability,” the DBM said in a statement. on Sunday, Sept. 22

To achieve this goal, the DOST is set to receive P28.8 billion in the proposed FY 2025 National Budget. (Derco Rosal)

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Department of Budget Management Procurement Service Department of Science and Technology
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