The Marcos administration is planning to spend over P200 billion next year to mitigate the impact of skyrocketing consumer prices on the most vulnerable sectors, the Department of Budget and Management (DBM) said. In a statement on Monday, Nov. 7, Budget Secretary Amenah F. Pangandaman said they...
The Philippines is far from falling into a recession anytime soon, the Department of Budget and Management (DBM) said. In a statement on Friday, Oct. 28, Budget Secretary Amenah F. Pangandaman allayed recession fears, noting this scenario may not be imminent in the country. “I think we're far...
The Department of Budget and Management (DBM) has vowed support to environmental protection to achieve the country’s economic sustainability. During the opening ceremony of the National Marine Pollution Exercise (MARPOLEX) 2022 on Wednesday, Oct. 26, Budget Secretary Amenah F. Pangandaman...
The Department of Budget and Management (DBM), along with the Government Procurement Policy Board (GPPB), in partnership with the United Nations Office on Drugs and Crime, will pilot test use of the revised procurement reports. In a statement, Budget Secretary Amenah F. Pangandaman said the pilot...
State-run National Power Corp. (NPC) may tap its subsidy allotments from the national government to fund its operation requirements next year, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said Friday, Oct. 21, that the subsidy portion in the corporate...
The Department of Budget and Management (DBM) has increased its funding allotment for the land tenure security program (LTSP) of the Department of Agrarian Reform (DAR) for next year. In a statement on Thursday, Oct. 20, Budget Secretary Amenah F. Pangandaman said the government’s proposed LTSP...
The Department of Budget and Management (DBM) wants to bring back the “good name” of its procurement service unit, which has been repeatedly embroiled in fund controversies. Budget Secretary Amenah F. Pangandaman said her administration would work in fostering hard work, integrity, and service...
The Department of Budget and Management (DBM) and the World Bank are planning to initiate and implement reforms in the Philippines’ procurement law. In a statement Friday, Oct. 14, the DBM said that Budget Secretary Amenah F. Pangandaman met with officials from the World Bank in Washington D.C....
The Department of Budget and Management (DBM) raised the allocated funding for the buffer stocking program of the National Food Authority (NFA) in a bid to ensure sufficient supply of the staple food in times of crisis. In a statement, Budget Secretary Amenah F. Pangandaman said on Tuesday, Oct....
Over 1.6 million health workers in public and private institutions would soon receive their One Covid-19 Allowance (OCA) following the approval by the Department of Budget and Management (DBM) on Wednesday, Oct. 5. Budget Secretary Amenah F. Pangandaman said the DBM approved the release of P11.5...
Eligible public and private health workers involved in pandemic health care response will soon get their unpaid special risk allowance (SRA), the Department of Budget and Management (DBM) announced. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM approved last Oct. 3 the release...
President Marcos’ economic managers were pursuing more foreign investments from the US, trumpeting the country's sound macroeconomic fundamentals, the government’s clear roadmap for economic recovery, and sustainable growth. At the first Philippine Economic Briefing (PEB) in North America late...
