Budget Secretary Amenah F. Pangandaman has assured that public projects jointly funded with bilateral and multilateral development partners will be implemented as scheduled next year, as most of them formed part of the regular 2025 budget proposal. "So far, when I saw the GAB [general...
Government employees are set to receive their year-end bonuses and cash gifts earlier than usual, the Department of Budget and Management (DBM) said. In a statement, Budget Secretary Amenah F. Pangandaman said she signed DBM Budget Circular No. 2024-3 on Oct. 22, outlining the new guidelines for...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has authorized a P454 million vehicle purchase for the Department of Health (DOH). On Oct. 17, Pangandaman approved the issuance of an Authority to Purchase Motor Vehicle (APMV) to strengthen the country's healthcare system....
By DERCO ROSAL The Department of Budget and Management (DBM) is confident that the proposed P6.352-trillion national budget for 2025 will be signed into law by the president before Christmas. Budget Secretary Amenah F. Pangandaman said she is confident about the timely enactment of the General...
Despite a slight reduction in the government's infrastructure budget for 2025, the Marcos administration is banking on increased investments in Public-Private Partnership (PPP) projects to bridge the gap. In a statement, Budget Secretary Amenah F. Pangandaman confirmed that the proposed 2025 budget...
President Marcos' economic team plans to reassess the country's macroeconomic assumptions following a significant slowdown in consumer prices, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said that the economic managers might consider revising the 2024...
Reforms in the government’s budget process could significantly improve the country’s chances of achieving the coveted “A” rating status, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman explained that the Public Financial Management (PFM) Reforms...
The Department of Budget and Management (DBM) has released P31.93 billion for salary increase for government employees as of Tuesday, Sept. 10. The DBM said it has begun distributing funds for salary adjustments, and the implementation is now underway across government agencies. This came after...
The Department of Budget and Management (DBM) has revealed plans to broaden the scope of the national indemnity insurance program (NIIP) to cover more than just school buildings. Budget Secretary Amenah F. Pangandaman said on Wednesday, Aug. 28, that the DBM wants to add other important...
One of President Marcos’ economic managers has said that an “A” credit rating from Moody’s Ratings is now within reach, as the government intensifies its efforts to achieve this coveted status. Although Moody’s has still kept the Philippines’ credit rating at “Baa2”—an...
FOR MONDAY ISSUE The national government's infrastructure spending is on track to meet its full-year target, the Department of Budget and Management (DBM) said. Based on the DBM's national government disbursement performance report, the budget allocated for infrastructure projects in the second...
The Department of Budget and Management (DBM) has urged agency heads to give priority to contract of service (COS) and job order (JO) workers when filling vacant government plantilla positions. In a statement on Thursday, Aug. 15, Budget Secretary Amenah F. Pangandaman said that 92 percent of the...
