The Bureau of the Treasury reported on Wednesday, July 24, that the national government's financing gap fell below ceiling in the first half of the year due to increased revenues. From January to June 2024, the national government recorded a budget deficit of P613.9 billion, seven percent lower...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last Saturday, July 20, 2024, was very fulfilling for me as the Department of Budget and Management (DBM) Secretary. We witnessed the signing into law of Republic Act (RA) No. 12009, or the New Government Procurement Act (NGPA), by...
The government is providing P42 billion to the country’s irrigation infrastructure to boost the agriculture sector and ensure food security, the Department of Budget and Management (DBM) said. During a post-SONA briefing, Budget Secretary Amenah F. Pangandaman stated that the allocation to the...
The Department of Budget and Management (DBM) plans to allocate approximately P10 billion next year for government employees' medical allowances. Budget Secretary Amenah F. Pangandaman said that a total of P9.5 billion had been earmarked for the Miscellaneous Personnel Benefits Fund (MPBF) in...
The Department of Budget and Management has allocated P106 billion to support President Marcos' directive to increase the salaries of government employees. Budget Secretary Amenah F. Pangandaman said that DBM has set aside P36 billion for the current year and an additional P70 billion for the...
President Marcos has urged Congress to pass the 2025 National Expenditure Program (NEP) as quickly and as close to their proposal as possible to build on the economic gains that the country has earned over the past year. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate/MANILA BULLETIN)...
The Senate is keen on approving the proposed P6.352-trillion National Expenditure Program (NEP) for 2025 before the end of the year, Senate President Francis “Chiz” Escudero said on Monday, July 22. But Escudero said the Senate will thoroughly scrutinize each provision in the next...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman underscored that having the right fundamental values and character determines an individual's success as she delivered a message of encouragement to the graduates of the Bulacan State University (BulSU) last July 19. "Dear...
The Department of Budget and Management (DBM) said that the implementation of the new Government Procurement Act (NGPA) will overhaul public procurement processes in the country. Budget Secretary Amenah F. Pangadaman said in a statement that the NGPA law, which has been her priority since she...
The Department of Budget and Management approved the creation of 178 public attorney (PA) positions under the Department of Justice to address the shortage of public attorneys relative to the country’s existing courts. Specifically, 56 PA-II and 122 PA I positions were created in the Public...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. In his 2023 State of the Nation Address, President Ferdinand R. Marcos Jr. (PBBM) defined his dream for communities, saying, “The building blocks of progressive, livable, and sustainable communities will never be complete without...
By Xander Dave Ceballos Funds for the Green Green Green program should not be utilized for purposes other than promoting open green spaces, according to the Department of Budget and Management (DBM) guidelines. Based on Local Budget Circular No. 158, the funds cannot also be used to pay personnel...
