The Department of Finance (DOF) reported an increase in the national government's budget deficit in August due to higher expenditures and a decline in revenue collections. During the month, the Marcos administration’s fiscal deficit amounted to P133 billion, a substantial 85 percent surge...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) House Speaker Martin Romualdez has guaranteed the passage on third and final reading next week of the P5.768-trillion General Appropriations Bill (GAB) or proposed national budget for 2024. ...
The Department of Budget and Management (DBM) has given the go-ahead for P12.26 billion to be used for constructing residential buildings for informal settlers and providing housing assistance to calamity victims. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM approved the...
President Marcos on Wednesday, Sept. 20, certified the “necessity of the immediate enactment” of House Bill (HB) No. 8980, which is the 2024 General Appropriations Bill (GAB) or the P5.768-trillion proposed national budget for 2024. President Ferdinand Marcos Jr. (Photo from the Presidential...
The Department of Budget and Management (DBM) said the government has P500 million remaining to allocate for additional fuel subsidies in the transport sector. Budget Secretary Amenah F. Pangandaman said the Marcos administration is committed to address the escalating commodity prices, despite...
The Department of Budget and Management (DBM) aims to boost public service through increasing the proposed budget for digitalization funding. To embrace digitalization in government agencies, Budget Secretary Amenah F. Pangandaman said that digital initiatives will be allocated P38.75 billion in...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. I had the honor of leading the Philippine delegation as chairman of the Philippine Open Government Partnership (PH-OGP) to the OGP Global Summit in Tallin, Estonia last Sept. 5 to 8. This was the first in-person OGP Global Summit since...
The Department of Education (DepEd) remained hopeful that its proposed budget for next year will be approved without much “hindrances.” DepEd / MB Visual Content Group During the Bagong Pilipinas Ngayon public briefing on Tuesday, Sept. 19, DepEd Assistant Secretary and Deputy Spokesperson...
Ako Bicol Party-list Rep. Zaldy Co (Facebook) The P5.768-trillion General Appropriations Bill (GAB) for 2024--the largest proposed national budget in history--is first and foremost a post-pandemic recovery measure. Committee on Appropriations Chairman, Ako...
Mobile phone users would now be required to take a “live selfie” before their SIM registration application is approved. Department of Information and Communications Technology (DICT) Sec. Ivan John Uy presents the agency's proposed 2024 budget before a Senate Finance Subcommittee hearing...
The Department of Budget and Management (DBM) said that local government units (LGUs) will receive additional national tax allotments (NTA) next year to boost economic growth nationwide. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM has allocated P871.3 billion for NTA in the...
DND Secretary Gibo Teodoro (left), House Minority Leader Marcelino Libanan (Facebook. PPAB) House Speaker Martin Romualdez had earlier vowed that congressmen will pass the proposed P5.768-trillion National Expenditure Program (NEP) or national budget for...
