The government is partnering with the Asian Development Bank (ADB) on the rightsizing and a public financial management (PFM) institute for local agencies, the Department of Budget and Management said. Budget Secretary Amenah F. Pangandaman said that ADB has been aiding the government in passing...
The Department of Budget and Management (DBM) is set to release all special allotment release orders (SAROs) for 2024 this week as well as the excess releases from last year in a bid to expedite state agencies’ utilization. During an interview, Budget Secretary Amenah F. Pangandaman said that it...
The Department of Budget and Management (DBM) has clarified that the additional P12 billion budget allocated by Congress to the Commission on Elections (COMELEC) is not earmarked for the purpose of Charter Change. Budget Secretary Amenah F. Pangandaman said on Wednesday, Jan. 17, that the allocated...
The Marcos economic team said it supports the appointment of former House Deputy Speaker and Batangas Representative Ralph G. Recto as the new finance secretary. In a statement, former Finance Secretary Benjamin E. Diokno expressed confidence in Recto, who was also a former senator and...
Former Finance Secretary Benjamin E. Diokno is set to join the Monetary Board (MB), the policy-making body of the Bangko Sentral ng Pilipinas (BSP), a ranking government official announced. In a statement, Budget Secretary Amenah F. Pangandaman said on Friday, Jan. 12, that Diokno, a former central...
The Department of Budget and Management (DBM) allocated an additional P3 billion that will fund the repair and rehabilitation of elementary and secondary school buildings. Budget Secretary Amenah F. Pangandaman has approved the release of a Special Allotment Release Order (SARO) that amounts to...
Budget Secretary Amenah Pangandaman commended the Philippine National Police (PNP) for recruiting almost 300 former members of the Moro Islamic Liberation Front (MILF) and Moro National Liberation Front (MNLF). Pangandaman, co-chair of the Intergovernmental Relations Board (IGRB) for agreements...
The proposed new procurement bill will provide an online site that will expedite the purchasing of goods and services in the government, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said in a statement that the proposed Government Procurement Reform Act...
The Department of Budget and Management (DBM) said the Marcos administration is making progress in reducing its reliance on borrowing to support spending, a positive development in its efforts to lessen the country's debt burden. Budget Secretary Amenah F. Pangandaman said the national government's...
The Department of Budget and Management (DBM) clarified that the unprogrammed funds in next year's budget do not contain actual money at present, and will only be utilized in the event of unexpected expenses and additional revenue. In a statement, Budget Secretary Amenah F. Pangandaman explained...
The proposed new Government Procurement Reform Act (GPRA) will allow bidders to submit only the certificate of registration and membership, which will smoothen the procurement process and ensure its legality, the Department of Budget and Management (DBM) said. In a statement, Budget Secretary...
The Department of Budget and Management (DBM) approved additional 673 permanent faculty positions across the nine campuses of the Mindanao State University (MSU). Budget Secretary Amenah F. Pangandaman said the addition of job positions will boost the productivity of the university, which saw...
