The Department of Budget and Management (DBM) has granted its approval for the disbursement of P1 billion as compensation to the victims of the 2017 Marawi siege. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM has approved the issuance of a Special Allotment Release Order...
Senators on Thursday, October 5 told officials of the Department of Agriculture (DA) to forego the P50-million confidential funds allocated to the agency under their proposed 2024 national budget. Sen. Cynthia Villar, chairperson of the Senate Committee on Agriculture, and Sen. Raffy Tulfo...
The Department of Budget and Management (DBM) said the government will continue to provide career advancements and allowances to public school teachers next year. Budget Secretary Amenah F. Pangandaman said the DBM has proposed an allocation of P38.63 billion to support over 900,000 teachers in the...
The Department of Tourism (DOT) should have used its funding for market study and research for their rebranding campaign prior to the launch of its controversial “Love the Philippines” promotional video. Sen. Nancy Binay pointed this out at she questioned the DOT’s request for...
The Department of Budget and Management (DBM) said it is determined to redouble its efforts in securing the passage of key structural reforms that are vital for maintaining the country's economic growth. Budget Secretary Amenah F. Pangandaman issued a statement on Wednesday, Oct. 4, expressing her...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. We greet October with the commemoration of National Cooperative Month, which seeks to highlight the significant contribution of cooperatives to the country’s economic growth. This observance paves the way for the Cooperative Development...
The shortlist of candidates for the board of directors of the Maharlika Investment Corp. (MIC) was officially submitted to President Marcos, the Department of Budget and Management (DBM) said. The Advisory Body, consisting of the DBM, the National Economic and Development Authority, and the Bureau...
The Department of Budget and Management (DBM) said the government will continue to prioritize the implementation of programs and policies aimed at advancing micro, small, and medium enterprises (MSMEs). Budget Secretary Amenah F. Pangandaman said the Department of Trade and Industry's (DTI) MSME...
The Department of Budget and Management (DBM) said that the country’s procurement law should be more attuned to the changing times, citing the need for amendments amid the digitalization era. The proposed amendments to the 20-year-old Government Procurement Reform Act (GPRA) have already been...
The Department of Budget and Management (DBM) said it is committed to provide support to local government units (LGUs) in their efforts to promote green open spaces and infrastructure projects that encourage active mobility. In a statement on Monday, Oct. 2, Budget Secretary Amenah F. Pangandaman...
EMBARGOED UNTIL MONDAY, OCT. 2 12:00AM The Development Budget Coordination Committee (DBCC) will review the macroeconomic targets of the Marcos administration later this month, taking into account the challenging global economic conditions. Finance Secretary Benjamin E. Diokno said the DBCC, which...
The Department of Health’s (DOH) proposed P311.3-billion budget for 2024 should be increased to ensure that medical services would be easily accessible to all Filipinos. Sen. Christopher “Bong” Go, chairman of the Senate Committee on Health, said next year’s budget of the DOH should...
