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...
Virus-related research in the country would receive fresh funding next year in line with the government’s effort to ensure the health and safety of Filipinos, the Department of Budget and Management (DBM). Budget Secretary Amenah F. Pangandaman said the Marcos administration earmarked P419.3...
The Department of Budget and Management (DBM) has tapped the Department of Interior and Local Government (DILG) and the National Bureau of Investigation (NBI) to break up fraudulent solicitation schemes. In a statement, Budget Secretary Amenah F. Pangandaman said on Wednesday, Sept. 21, that the...
Economic managers expressed gratitude to Congress for supporting the Marcos administration's medium-term fiscal blueprint that aims to steer the economy back to its high-growth trajectory. Finance Secretary Benjamin E. Diokno and Budget Secretary Amenah F. Pangandaman said on Tuesday, Sept. 20,...
The Department of Budget and Management (DBM) said it has earmarked P11 billion for the Rice Competitiveness Enhancement Fund (RCEF) as well as assistance to farmers and fisherfolks next year. In a statement, Budget Secretary Amenah F. Pangandaman said the government plans to spend P10 billion for...
The Marcos administration has allotted P12.5 billion for the transformation and digitalization of government processes and transactions next year, the Department of Budget and Management (DBM) said. During the Development Budget Coordination Committee Briefing at the Senate on Wednesday Sept. 14,...
The Department of Budget and Management (DBM) wants to strengthen the autonomy of local government units (LGUs) in delivering essential services to the public through higher funding allocation. During the Development Budget Coordination Committee (DBCC) Senate briefing on Wednesday, Sept. 14,...
The Department of Budget and Management (DBM) on Tuesday, Sept. 12, said it will help bankroll various programs of the Department of Energy (DOE) next year. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM earmarked P2.2 billion for the DOE in 2023 in line with the government’s...
