The Governance Commission for GOCCs (GCG) has shuttered a government-owned and/or -controlled corporation (GOCC) established by former President Ferdinand E. Marcos Sr. to design an airplane—but which failed to do so in its 50 years of existence. In a memorandum order dated May 7, the GCG gave...
With the President-backed bloc securing a midterm poll victory over the Duterte-aligned camp, Moody’s Analytics said the outcome could help ensure smoother continuity of the administration’s economic and governance policies. “In the Philippines, President Ferdinand Marcos Jr.’s...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the creation of 16,000 new teaching positions in public schools for 2025 to 2026, with a total budget of ₱4.2 billion, to strengthen the education sector and ensure sufficient manpower. The 16,000 new teaching...
While the Philippine economy’s growth missed the lower end of the government’s six to eight percent target, the Department of Budget and Management (DBM) said the growth across major sectors further fuels the agency’s confidence in achieving the full-year growth goal. “The fact that all...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman was honored as the “Outstanding Filipina in the Field of Public Service” at the Gawad Pilipino Awards Night on March 16 at Camp General Emilio Aguinaldo, Quezon City. This year’s Gawad Pilipino Awards, held in...
Corruption within the government could be prevented as the new procurement law allows the Filipinos to track how public funds are spent, according to the Department of Budget and Management (DBM). On Monday, Feb. 10, the DBM released the implementing rules and regulations (IRR) of RA No. 12009, or...
Government workers are getting closer to receiving a salary increase as Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman already signed National Budget Circular No. 597, outlining the guidelines for the second tranche of the salary increase. “We hope that this...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the release of P30.409 billion to cover the regular pension requirements of military and uniformed personnel (MUP) for the first quarter of 2025. “For many MUP retirees and their families, pensions are a...
Nearly P800 billion worth of projects and programs covered by the changes and adjustments in the 2025 national budget will face delays in fund release until the president issues approval. Department of Budget and Management (DBm) Secretary Amenah Pangandaman cited Section 6 of the president’s...
BEYOND BUDGET Assalamu alaikum wa Raḥmatullahi wa Barakatuh. As we enter a new year, we carry with us the collective aspirations of progress for the nation. For us in the government, 2025 represents not merely the promise of new beginnings but also the hope and opportunity to implement a General...
Government workers can expect a medical allowance of up to P7,000 annually, as the Department of Budget and Management (DBM) has announced its rollout starting 2025. DBM Secretary Amenah Pangandaman has approved the issuance of Budget Circular No. 2024-6, outlining the guidelines for providing a...
The Department of Budget and Management (DBM) announced that President Marcos has utilized his veto power to ensure the 2025 national budget aligns with the country’s development goals. In a statement on Monday, Dec. 30, Budget Secretary Amenah F. Pangandaman commended the President for his...
