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...
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...
Next year's midterm elections could temper government expenditures due to a scheduled ban on new spending, such that the Cabinet-level Development Budget Coordination Committee (DBCC) has urged prompt disbursements as well as implementation of programs and projects under the proposed...
Department of Budget and Management (DBM) Secretary Amenah Pangandaman has approved the creation of 4,000 new positions for the Philippine Coast Guard (PCG) in 2024 to strengthen its core functions. The additional positions—819 officers and 3,181 non-officers—aim to bolster the PCG's core...
Department of Budget and Development (DBM) Secretary Amenah F. Pangandaman is confident that the country is poised to achieve its economic targets but challenges may emerge, impeding socioeconomic development. During the 2024 Fiscal Policy Conference, on Nov. 22, Pangandaman said that although the...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the release of P5 billion to enhance the assistance program of Department of Social Welfare and Development (DSWD) for Filipinos affected by typhoons. According to DBM, this enhancement of Assistance to...
Budget Secretary Amenah F. Pangandaman has approved the release of P875 million to replenish the Department of Social Welfare and Development's (DSWD) Quick Response Fund (QRF) to ensure timely support for families affected by typhoons. An Oct. 30 report indicated that the DSWD's available QRF had...
Following the lower-than-expected third-quarter growth, the Department of Budget and Management (DBM) said it will prioritize agriculture and climate action to foster stronger economic growth in the year’s final three months. “We will reinforce our prioritization of agriculture and climate...
Despite concerns over depleted Quick Response Funds (QRF) in some government agencies, the Department of Budget and Management (DBM) has assured the public that sufficient funds are available to support areas ravaged by recent natural disasters. In a statement on Thursday, Nov. 7, Budget...
Gender and Development (GAD) needs to be mainstreamed into the national budget, Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman said at the international conference on women, peace, and security (ICWPS). “What we should do, more than tagging this budget, (is that) we...
