Amid accelerating inflation and subdued global markets, National Economic and Development Authority Secretary Arsenio M. Balisacan expressed openness to revising this year's economic growth target downward. Balisacan said that the Development Budget Coordination Committee (DBCC), an inter-agency...
Budget Secretary Amenah F. Pangandaman highlighted the Philippines' advancements in promoting women's rights and urged women globally to amplify their voices for gender equality. During the 68th annual Commission on the Status of Women (CSW68), Pangandaman presented the country's statement at the...
Mandaluyong City lone district Rep. Neptali Gonzales II (Ellson Quismorio/ MANILA BULLETIN) The chairman of the House Special Committee on West Philippine Sea (WPS) has called on government to begin treating the protection of the country’s...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. During the signing of the 2024 General Appropriations Act in December 2023, President Ferdinand R. Marcos Jr. (PBBM) gave the budget commandment for us in government: “We are working for the people not for ourselves. We are working for...
The Department of Management (DBM) has recently approved fresh funding to bolster the Department of Science and Technology’s (DOST) health research and development initiative. Budget Secretary Amenah F. Pangandaman said the DBM has given the green light for the release of P179.9 billion to the...
The Marcos administration registered a reduction in the budget deficit last year, with revenues growing significantly faster than expenditures, data from the Bureau of the Treasury showed. In 2023, the national government's fiscal deficit stood at P1.512 trillion, a 6.3 percent decrease from the...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Water is the embodiment of life flowing on Earth. It is both a source of power and energy. With the dry spell currently being experienced in different areas of the country, it is critical to improve water resource management to...
House Speaker Martin Romualdez speaking during the general assembly of the League of Municipalities of the Philippines (Speaker’s Office) Following the directive of President Marcos, Speaker Martin Romualdez has assured top local government unit (LGU)...
Over 4.4 million Filipino households will benefit from P106.3 billion allotted for the government’s Pantawid Pamilyang Pilipino Program (4Ps) this year. Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman said that the 2024 budget for 4Ps is larger than the P102.610 of the...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. This week promises to be an exciting one for the Department of Budget and Management (DBM) as it observes the Information and Communications Technology (ICT) week with the theme “Full Throttle Digital Transformation.” Digitalization...
Indigent Filipinos in need of medical treatments can now rely on increased support from the national government, the Department of Budget and Management (DBM) said. This year, indigent patients are set to benefit from a substantial boost, with the government allocating over P58 billion in financial...
The Marcos administration's efforts toward fiscal consolidation may proceed at a slower pace, as economic managers are considering revising down their growth forecasts for the medium term, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said the...
