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 House of Representatives has begun the period of sponsorship and debates on the 2023 General Appropriations Bill (GAB). Ako Bicol Party-list Rep. Zaldy Co (Screenshot from Facebook live) Ako Bicol Party-list Rep. Zaldy Co, chairman of the House Committee on Appropriations, delivered his...
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 Senate Committee on Finance has started discussions on the proposed P5.268-trillion national budget on Wednesday, September 14. Finance Secretary Benjamin Diokno told the Senate finance panel, chaired by Sen. Sonny Angara, that the Marcos administration is committed to pursue a “robust...
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...
The power of the purse lies with Congress, said the Department of Budget and Management (DBM) as it denied having reduced the budgets of four state-owned specialty hospitals under the proposed spending plan for next year. Contrary to claims, the DBM argued on Tuesday, Sept. 13, that the proposed...
The Department of Budget and Management (DBM) warned the public against unscrupulous individuals claiming to be its employees and are making false representation to solicit money. In an advisory released on Monday, Sept. 12, the DBM said it received reports that there were individuals claiming to...
The Department of Budget and Management (DBM) has allotted P3.7 billion for the Department of Social Welfare and Development's (DSWD) Supplementary Feeding Program (SFP) for children next year. With this amount, Budget Secretary Amenah F. Pangandaman said around 1.8 million children enrolled in...
The Marcos administration will spend P2.48 billion to develop several airports nationwide to support the government’s goal of improving transportation infrastructure in the country, the Department of Budget and Management (DBM) said. In a statement on Thursday, Sep. 8, Budget Secretary Amenah F....