The Department of Budget and Management (DBM) has released another round of targeted cash subsidy to the most vulnerable Filipino households reeling from increases in fuel prices and food costs. In a statement, Budget Secretary Amenah F. Pangandaman said Tuesday, Aug. 2, that the DBM approved the...
The Department of Budget and Management (DBM) said Monday, August 1, that it has approved the release of subsidy to rice farmers affected by the Rice Tariffication Law (RTL). In a statement, Budget Secretary Amenah F. Pangandaman said the Notice of Cash Allocation (NCA) amounting to P8.05 billion...
The new leadership at the Department of Energy (DOE) will prioritize fulfillment of 100-percent electrification target on all households nationwide, a goal that the Duterte administration had failed to deliver. “We’ve got to address the security, as we address as well the matter of protecting...
Malacañang said the Executive Branch is set to submit its proposed national budget for 2023 to Congress on August 22, days after the Department of Budget and Management (DBM) submits the necessary documents to President Ferdinand "Bongbong" Marcos Jr. President Ferdinand 'Bongbong' Marcos Jr....
Malacañang has committed the timely submission of the proposed 2023 national budget to Congress next week. President Ferdinand 'Bongbong' Marcos Jr. presides over a special Cabinet meeting to discuss the proposed 2023 national budget. (RTVM Screenshot) Press Secretary Trixie Cruz-Angeles said, in...
Gabriela Women’s Party-list Rep. Arlene Brosas has promised to push for increased financial subsidies for victims of natural disasters in the 2023 annual budget. (Photo from Gabriela Women's Party-list Facebook) “In the upcoming budget deliberations, we will definitely push for more budget for...
The Department of Budget and Management (DBM) said the national government has available fund for relief operations in the earthquake-affected areas in Northern Luzon. Budget Secretary Amenah F. Pangandaman said on Wednesday, July 27, that the National Disaster Risk Reduction and Management Program...
The Department of Budget and Management (DBM) said that the implementation of big-ticket infrastructure projects should remain under the national government despite the Mandanas ruling. Budget Secretary Amenah F. Pangadaman said in an interview with reporters that the national government is...
The Department of Budget and Management (DBM) vowed to pass on time President Ferdinand R. Marcos Jr.’s first full-year budget with the cooperation of Congress. At the Post-State of the Nation Address (SONA) Economic Briefing on Tuesday, July 26, Budget Secretary Amenah F. Pangandaman said the...
The Duterte administration closed the books with a lower than expected budget deficit in the first semester, driven mainly by higher revenue collection by the Bureau of the Customs (BOC) from expensive fuel imports. The Bureau of the Treasury reported on Tuesday, July 26, that the national...
Malacañang said the Marcos administration will start working on its proposed budget for 2023 after President Ferdinand "Bongbong" Marcos Jr. has delivered his first State of the Nation Address (SONA) on July 25. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) In an...
Over P100 million in taxpayer's money. The newly-renovated House plenary hall (Facebook) That's roughly how much the House of Representatives has spent in renovating Batasang Pambansa Complex ahead of the 19th Congress, which will begin in earnest on Monday, July 25. That day, on that venue,...
