Vice President and Education Secretary Sara Duterte thanked President Marcos and several officials of the current administration for backing the transfer of confidential and intelligence funds (CIF) from the Office of the President (OP) to her office in 2022. Vice President and Education Secretary...
The Department of Finance (DOF) reported that the Official Development Agriculture Sector (ODA) played a vital role in funding agricultural programs and projects during President Ferdinand Marcos Jr.'s first year in office. In a statement on Saturday, Sept. 9, Finance Secretary Benjamin E. Diokno...
The release of P3 billion for the implementation of a fuel subsidy to the transport sector affected by rising fuel prices has been approved by the Department of Budget and Management (DBM). According to Budget Secretary Amenah F. Pangandaman, the fuel subsidy aims to offer assistance to around 1.36...
BEYOND BUDGET (Part 3) Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last week, I expounded on four different areas where the administration of President Ferdinand R. Marcos Jr. will pour the people’s money next year to achieve our agenda for prosperity, and secure a future-ready and...
The Department of Budget and Management (DBM) said transparency and public participation have been fostered through the government’s initiatives toward digitalization. At the 2023 Open Government Partnership (OGP) Global Summit in Estonia, Budget Secretary Amemah F. Pangandaman said there...
President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of KJ Rosales/PPA Pool) As expected, the House Committee on Appropriations extended "parliamentary courtesy" to the Office of the President (OP) Tuesday, Sept. 5, resulting to the swift termination of the...
Have you ever wondered how the government spends its money? There is a common misconception that the national budget, known as the General Appropriations Act (GAA), is fully funded and that cash is readily available for all government programs and projects. However, let us set the record straight...
Vice President Sara Duterte thanked a Senate panel for approving the Office of the Vice President’s (OVP) ₱2.36-billion proposed budget for 2024, including the controversial ₱500 million for confidential funds, even as opposition senators tried to question her. Vice President and Education...
The Department of Budget and Management (DBM) said it has allocated P882.2 billion to the Department of Public Works and Highways (DPWH) for next year to expedite the government’s socio-economic development initiatives. Budget Secretary Amenah F. Pangandaman said the DPWH's proposed budget will...
The Senate Committee on Finance on Monday, September 4 approved the proposed P2.3-billion budget of the Office of the Vice President for 2024, including its controversial P500-million proposed allocation for confidential and intelligence funds. Vice President Sara Duterte attends the Senate...
Vice President Sara Duterte (Facebook) House Speaker Martin Romualdez had earlier vowed that congressmen will pass the proposed P5.768-trillion National Expenditure Program (NEP) or national budget for 2024 in just five weeks. Four of these...
The Department of Budget and Management (DBM) said the government's one-time fuel assistance, aimed at helping public transport drivers and operators cope with skyrocketing gasoline and diesel prices, is expected to be released this week. Budget Secretary Amenah F. Pangandaman said the Department...