The Department of Budget and Management has allocated P106 billion to support President Marcos' directive to increase the salaries of government employees. Budget Secretary Amenah F. Pangandaman said that DBM has set aside P36 billion for the current year and an additional P70 billion for the...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman underscored that having the right fundamental values and character determines an individual's success as she delivered a message of encouragement to the graduates of the Bulacan State University (BulSU) last July 19. "Dear...
The Department of Budget and Management (DBM) said that the implementation of the new Government Procurement Act (NGPA) will overhaul public procurement processes in the country. Budget Secretary Amenah F. Pangadaman said in a statement that the NGPA law, which has been her priority since she...
By Xander Dave Ceballos Funds for the Green Green Green program should not be utilized for purposes other than promoting open green spaces, according to the Department of Budget and Management (DBM) guidelines. Based on Local Budget Circular No. 158, the funds cannot also be used to pay personnel...
The Department of Budget and Management (DBM) has greenlit the release of P14 billion to cover the regular pension requirements of military retirees for the period of July to September 2024. The approval, granted on June 14, 2024, comes in response to the Department of National Defense (DND) –...
The Department of Budget and Management (DBM) has approved the disbursement of funds aimed at supporting students in indigenous communities to access high-quality education. A Special Allotment Release Order (SARO) totaling P57.12 million, along with its corresponding Notice of Cash Allocation, has...
Budget Secretary Amenah F. Pangandaman has lauded Fitch Ratings' recent decision to maintain the Philippines' investment grade rating at “BBB,” above the minimum investment grade by a notch and maintaining a stable “outlook.” Pangandaman, chairperson of the inter-agency Development Budget...
Members of the Development Budget Coordination Committee (DBCC) are scheduled to convene next week to assess the country’s economic targets. Budget Secretary Amenah F. Pangandaman said that the inter-agency body responsible for setting the government’s macroeconomic assumptions will hold a...
The Philippines has emerged as a standout performer in the 2023 Open Budget Survey (OBS), solidifying its position as a frontrunner in budget transparency and public engagement in Southeast Asia. The recently released OBS survey results underscored the country's progress in upholding open...
The Department of Education (DepEd) will soon begin hiring 5,000 non-teaching personnel with a base monthly salary of at least P27,000, the Department of Budget and Management (DBM) announced. This decision comes after Budget Secretary Amenah F. Pangandaman granted approval to DepEd's request for...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has lauded the leadership and members of Congress for the ratification of the New Government Procurement Act (NGPA). Pangandaman said this legislation is a significant milestone under the Marcos administration’s ongoing...
The Department of Budget and Management (DBM) has committed to settling all arrears of the Health Emergency Allowance (HEA) by the end of 2025. In a statement, Budget Secretary Amenah F. Pangandaman said she is focused on resolving the outstanding HEA payments for healthcare workers. “Our...