In light of the ongoing El Niño phenomenon, the Department of Budget and Management (DBM) has provided P900 million to cover crop insurance premiums for farmers and fisherfolk in the country. Budget Secretary Mina F. Pangandaman announced on Sunday, April 7, that the funding has been released to...
About P50 billion was allotted for the government pension of four million indigent senior citizens throughout the country. The Department of Budget and Management (DBM) released a total of P49.807 billion to the Department of Social Welfare and Development (DSWD) to cover the senior citizens’...
Nearly P6 billion will be spent on the funding of 1,834 new classrooms in 216 schools across the country. The Department of Budget and Management (DBM) approved the release of a special allotment release order (SARO) of P5.830 billion for the joint request of the Department of Public Works and...
Law enforcers arrested eight individuals who allegedly tried to swindle some P1 billion from a contractor of an infrastructure project, claiming themselves to be employees of the Department of Budget and Management (DBM). During an entrapment operation in Mandaluyong City on March 26, agents from...
Around P1 billion of funding has been approved for providing power supply to public schools that do not have electricity. The Department of Budget and Management (DBM) has released a total of P1.295 billion of special allotment release order (SARO) to the Department of Education (DepEd) to cover...
The Department of Budget and Management (DBM) approved additional 673 permanent faculty positions across the nine campuses of the Mindanao State University (MSU). Budget Secretary Amenah F. Pangandaman said the addition of job positions will boost the productivity of the university, which saw...
The Marcos administration has already spent 98 percent, or P5.41 trillion, out of the P5.54-trillion adjusted full-year program as of end-November this year on the back of more spending, according to Department of Budget and Management Secretary Amenah F. Pangandaman. This was higher by 4.2 percent...
The Department of Budget and Management (DBM) has given the go-ahead for P12.26 billion to be used for constructing residential buildings for informal settlers and providing housing assistance to calamity victims. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM approved the...
The Philippines drew praises for being a model of open government at the Open Government Partnership (OGP) Global Summit held in Tallin, Estonia last Sept. 6. Partners in Open Government. Open Government Partnership (OGP) CEO Sanjay Pradhan meets with Philippine OGP (PH-OGP) Chairman Amenah...
Some 920,000 public school teachers may soon receive their delayed Performance-Based Bonus (PBB), the Department of Budget and Management (DBM) said on Thursday, Sept. 14. A total of P11.6 billion for the Fiscal Year 2021 PBB was released by the DBM for personnel in public elementary and secondary...
BEYOND BUDGET *Assalamu alaikum wa Rahmatullahi wa Barakatuh.* When I was given the honor to serve our country as budget secretary, I already knew my “why.” It was to make a positive difference and push for fiscal reforms through policies and action. Recently, I wrote about how an open...
Government spending is vital to national growth. It is one of the four components of Gross Domestic Product (GDP). The other three are consumer spending, business investment, and net exports. In the past two years, Statista reports that the ratio of government expenditure to GDP in the past three...
