The Bureau of the Treasury clarified that the principal debt payment earmarked by the Department of Budget and Management (DBM) next year is not part of President Marcos’ proposed national budget. National Treasurer Rosalia V. De Leon said on Tuesday, Aug. 23, that budget for principal payment,...
Cagayan de Oro City 2nd District Rep. Rufus Rodriguez wants to restore the budget cuts made to the University of the Philippines (UP) System and the Philippine General Hospital (PGH). Cagayan de Oro 2nd district Rep. Rufus Rodriguez (Facebook) Under the proposed 2023 National Expenditure Program...
President Ferdinand "Bongbong" Marcos Jr. was true to his word. Quezon 1st district Rep. Wilfrido Mark Enverga (Ellson Quismorio/ MANILA BULLETIN) That's how Quezon 1st district Rep. Wilfrido Mark Enverga described the significant budgetary increase that the executive branch has asked for the...
Aside from sugar, the Philippines is now also experiencing shortage of salt, an official of the Department of Agriculture (DA) disclosed on Tuesday, Aug. 23. This is the reason, according to DA Undersecretary Domingo Panganiban, why they will be including P100 million. in the 2023 national budget...
House Speaker Martin Romualdez says the lower chamber aims to pass the proposed P5.268-trillion national budget for 2023 on third and final reading by the end of next month. From left to right: DBM Secretary Amenah Pangandaman. Speaker Martin Romualdez. Majority Leader Mannix Dalipe, and...
The biggest problem when it comes to the national budget is spending it properly. Deputy Speaker Ralph Recto (Facebook) This was the gist of House Deputy Speaker and Batangas 6th district Rep. Ralph Recto's statement Monday, Aug. 22, which he gave on the same day that the lower chamber received the...
President Ferdinand "Bongbong" Marcos Jr. said that his administration's proposed national budget for 2023 worth P5.268 trillion is anchored on what he called the "Agenda for Prosperity" that aims to achieve his medium-term macroeconomic and fiscal objectives. President Ferdinand 'Bongbong' Marcos...
A P10-billion budget has been proposed to fund the National Task Force to End Local Communist Armed Conflict’s (NTF-ELCAC) Barangay Development Program under the 2023 National Expenditure Program (NEP). The Department of Budget and Management (DBM), in its briefing at the House of Representatives...
The Marcos administration would spend at least a fifth of its first full-year budget for infrastructure projects, the Department of Budget and Management (DBM) said on Monday, Aug. 22. In a statement, Budget Secretary Amenah F. Pangandaman said a total of P1.196- rillion have been allocated for the...
Following the turnover of the 2023 National Expenditure Program (NEP) to the House of Representatives, Department of Budget and Management (DBM) Secretary Amenah Pangandaman explained the huge increase made to the proposed 2023 agriculture sector budget. DBM Secretary Amenah Pangandaman (Photo from...
The proposed budget for the Pantawid Pamilyang Pilipino Program (4Ps) for 2023 has been increased by P7.9 billion to P115.6 billion. (Mari Gimenez/ Unsplash) This was learned Monday, Aug. 22 following the Department of Budget and Management's (DBM) submission of the 2023 National Expenditure...
The Department of Budget and Management (DBM) has submitted for deliberation the 2023 National Expenditure Program (NEP) to the House of Representatives in a turnover ceremony on Monday, Aug. 22. DBM Secretary Pangandaman (left) turns over the 2023 NEP to Speaker Romualdez (Photo from Speaker...
