The Department of Budget and Management (DBM) assured that the country’s quick response fund (QRF) remains available and ready for deployment to support a prompt response to victims of the magnitude 7.8 earthquake in Mindanao. As of May 31, the National Disaster Risk Reduction and Management Fund...
President Ferdinand Marcos Jr.’s economic team is adopting a sober yet aggressive posture on the Philippines ' macroeconomic outlook, mobilizing a state-led fiscal catch-up program to counter stalling growth and stubborn inflation. Budget Secretary Kim Robert de Leon told reporters on the...
Department of Budget and Management (DBM) Secretary Kim Robert de Leon said the Marcos Jr. administration will review all maintenance and other operating expense (MOOE) items, which could include trimming funding for subsidies and confidential funds as the government faces limited fiscal space....
BEYOND BUDGET Assalamu alaikum wa Raḥmatullahi wa Barakatuh. I was privileged to visit the Mountain Province to serve as speaker during the 55th Commencement Exercises of its State University from May 26 to 27, 2026, where I spent two days learning stories that were as inspiring as they were...
The government’s economic managers are recalibrating key economic assumptions amid evolving global and domestic developments, Malacañang said on Monday, June 1. Presidential Communications Office Undersecretary Claire Castro said the Development Budget Coordination Committee (DBCC) recently met...
The Department of Budget and Management (DBM) is adding electric vehicles (EVs) to the list of common-use supplies and equipment that government workers can buy through its official e-commerce platform. The expansion, finalized during a recent green technology product rollout by the Procurement...
Government agencies posted weaker spending efficiency in the first four months of 2026, although they continued to utilize the bulk of their cash allocations compared to the same period last year. According to the latest data from the Department of Budget and Management (DBM), the overall...
The appointment of Kim Robert C. De Leon as the new secretary of the Department of Budget and Management (DBM) comes at a time when public confidence in government spending is dangerously fragile. The lingering outrage over the flood control scandal, coupled with frustrations over delayed services,...
President Marcos’ newly appointed budget chief vowed a sweeping crackdown on fiscal leaks and corruption during his first official address on Wednesday, May 20, drawing a hard line against the repeat of recent infrastructure funding controversies that have plagued public infrastructure spending....
After days of rumors about a leadership change in the Department of Budget and Management (DBM), Malacañang finally confirmed on May 18 that DBM Undersecretary Kim Robert de Leon had been appointed as the department’s new head. In announcing De Leon 's appointment, Malacañang highlighted...
House members past and present have hailed President Marcos ' decision to inject young blood into his team of economic managers by tapping public finance practitioner and University of the Philippines (UP) professor Kim Robert de Leon as Department of Budget and Management (DBM) secretary....
President Ferdinand R. Marcos Jr. appointed former Undersecretary Kim Robert de Leon as the new Secretary of the Department of Budget and Management, charging the policy veteran with accelerating state spending to counter the slowing economy and an ongoing energy crisis. De Leon, who becomes the...
