Spending on hard infrastructure fell by almost a third in the third quarter, simultaneously missing the government’s target to ramp up disbursements for the period, as public spending faced tighter scrutiny in the aftermath of the flood-control scandal. Data from the Department of Budget and...
To sustain the government’s ongoing relief and recovery efforts following recent disasters, the Department of Budget and Management (DBM) has released a total of ₱740.8 million to replenish the Quick Response Funds (QRF) of concerned agencies. In a statement, Budget Secretary Amenah Pangandaman...
Over 225,500 Philippine National Police (PNP) officials and personnel will receive a 2023 performance-based bonus (PBB) totaling ₱3.39 billion, as the Department of Budget and Management (DBM) has approved its release. According to the DBM bonus release, which will come from the Miscellaneous...
To ensure a higher level of transparency and accountability in public spending, Department of Budget and Management (DBM) Secretary Amenah Pangandaman is pushing for stricter rules against erring contractors, suppliers, and consultants. Under the New Government Procurement Act (NGPA), contractors...
The Department of Budget and Management (DBM) has officially adopted blockchain technology in the government budgeting process. This milestone marks a bold step toward redefining transparency, efficiency, and accountability in public financial management. “Blockchain is more than a...
To expedite the recovery of victims of recent calamities that have struck the country, the Department of Budget and Management (DBM) has released a total of ₱1.6 billion for the calamity funds of national government agencies. This amount has been used to replenish the quick response funds (QRFs)...
After the devastating earthquake in Cebu, Department of Budget and Management (DBM) Secretary Amenah Pangandaman urged national agencies to immediately activate their quick response funds (QRF), with the source fund now standing at ₱8 billion. This follows President Ferdinand Marcos Jr.’s order...
Government agencies posted a 93.8-percent utilization rate of their cash allocations as of end-August, lower than last year’s 95 percent, with the Department of Information and Communications Technology (DICT) and the Department of Energy (DOE) still falling behind. Latest data from the...
Budget Secretary Amenah F. Pangandaman has approved the release of ₱1.64 billion to cover the fiscal year (FY) 2023 performance-based bonuses (PBB) of over 110,600 personnel of the Armed Forces of the Philippines–Philippine Army (AFP-PA). “This release highlights our commitment to recognize...
The Department of Budget and Management (BDM) has clarified that the government’s unprogrammed appropriations (UA) are not a discretionary “pork barrel” or a “magic fund.”
In a statement, Budget Undersecretary Goddes Hope Libiran said the UA funds are a congressionally authorized...
Following the presidential directive to crack down on contractors involved in anomalous flood control projects, the Department of Budget and Management (DBM) is canceling the Philippine Government Electronic Procurement System (PhilGEPS) membership of these firms to bar them from future government...
Budget Secretary Amenah Pangandaman said the budget for the Department of Public Works and Highways (DPWH) could be reduced if it determines that some of the agency’s proposed projects will no longer be needed, as a two-week timeline has been set to revisit the DPWH budget following President...
