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...
The Court of Appeals (CA) has affirmed the dismissal of four officials of the Department of Budget and Management (DBM) for preferential treatment to Pharmally Pharmaceutical Corporation in the purchase of P4.2 billion worth of test kits at the height of the Covid-19 pandemic in 2020. Affirmed was...
Economic managers have suggested before congressmen a 20 percent reduction in non-essential maintenance and operating expenses (MOOE) as part of a calibrated response to elevated fuel costs that may lead to faster inflation and slower economic growth. This was floated during the first hearing of...
Amid a national energy emergency, government response to the oil crisis is expected to accelerate spending in the first half of the year, reversing a slump in infrastructure expenditures last year in the aftermath of the flood-control corruption scandal. According to the Department of Budget and...
Senator Erwin Tulfo on Tuesday, April 7 urged department agencies to look into the feasibility of Congress’ passing a proposed “Bayanihan 3” law despite the current fiscal state of the government. Tulfo made the call during a Senate hearing on the proposed amendments to the Pantawid Pamilyang...
Government agencies accelerated their spending efficiency in the first two months of the year, burning through cash allocations at a faster clip than in 2025 despite slight contraction in total fund releases. Data from the Department of Budget and Management (DBM), published on Monday, April 6,...
