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...
A pro-education congressman is prodding the Department of Budget and Management (DBM), Department of Education (DepEd) and other concerned agencies to work together for the expeditious release of all pending subsidies and voucher assistance. This, as Tingog Party-list Rep. Jude Acidre warned over...
President Marcos has appointed Department of Budget and Management (DBM) Undersecretary Kim Robert de Leon as the country’s new Budget Secretary, making him the youngest person to head the agency. Presidential Communications Office (PCO) Undersecretary Claire Castro announced De Leon’s...
Good news for employees of the Muntinlupa City government. Muntinlupa Mayor Ruffy Biazon announced the release of the midyear bonus for city government employees on May 18. Biazon held a live broadcast on Facebook for the announcement, saying, “As always, siyempre, and inaasahan ng mga workers...
The Marcos administration’s infrastructure spending plunged by more than two-fifths in the first quarter, dealing a significant blow to state-led economic momentum as agencies tightened oversight following the high-profile corruption scandal. According to the latest national government...
More than a decade after the World Bank approved financing for the Cebu Bus Rapid Transit (BRT) Project, the flagship urban transport initiative remains far from achieving its original objectives, with only a short section of the corridor substantially completed before the loan expires in...
More than 1.9 million government employees, including military and uniformed personnel, will receive their mid-year bonuses starting Friday, May 15, after the Department of Budget and Management (DBM) began releasing the ₱73.5 billion allocated for the benefit. In a statement released on Friday,...
The government is ordering its agencies to surrender unspent funds from last year’s budget to bankroll a multi-sectoral relief package, as the Marcos administration scrambles to address the deepening energy crisis. Budget Secretary Rolando U. Toledo issued National Budget Circular No. 603-2026 on...
Government infrastructure spending shrank by nearly two-fifths to ₱88.7 billion in the first two months of the year as project completions and the rollout of the current budget slowed progress billing. According to the national government (NG) disbursement report by the Department of Budget and...
The national government has ordered state agencies to implement sweeping austerity measures, including a 20 percent cut in operational costs and the suspension of major infrastructure projects, to shore up funding as a deepening Middle East conflict threatens the nation’s energy security. Budget...
Government agencies reported a dip in spending efficiency as of end-March, although they continued to utilize the vast majority of their cash allocations compared to the same period in 2025. The latest data from the Department of Budget and Management (DBM) showed that the overall utilization rate...
