The Department of Budget and Management (DBM) is set to release all special allotment release orders (SAROs) for 2024 this week as well as the excess releases from last year in a bid to expedite state agencies’ utilization. During an interview, Budget Secretary Amenah F. Pangandaman said that it...
The Department of Budget and Management (DBM) has clarified that the additional P12 billion budget allocated by Congress to the Commission on Elections (COMELEC) is not earmarked for the purpose of Charter Change. Budget Secretary Amenah F. Pangandaman said on Wednesday, Jan. 17, that the allocated...
Over P30 billion was allotted for the health emergency allowances (HEA) of healthcare and non-healthcare workers last year, the Department of Budget and Management (DBM) announced. The DBM said that this fund covered the payment of HEA claims, which has a budget of P88.14 billion, as compensation...
The Marcos economic team said it supports the appointment of former House Deputy Speaker and Batangas Representative Ralph G. Recto as the new finance secretary. In a statement, former Finance Secretary Benjamin E. Diokno expressed confidence in Recto, who was also a former senator and...
The Department of Budget and Management (DBM) allocated an additional P3 billion that will fund the repair and rehabilitation of elementary and secondary school buildings. Budget Secretary Amenah F. Pangandaman has approved the release of a Special Allotment Release Order (SARO) that amounts to...
The Department of Budget and Management (DBM) is confident that the national government has achieved its infrastructure spending target for last year. In the latest national government disbursement performance report, the DBM stated that the overall infrastructure spending for January to December...
The government has allotted some P56 million to cover the construction of a three-story building of the Mindanao State University in Marawi City. Budget Secretary Mina F. Pangandaman has approved the release of the Special Allotment Release Order (SARO) of over P55.65 million to fund the Student...
The Department of Budget and Management (DBM) said it will implement the approved spending appropriations for this year, even if there are legal challenges regarding unprogrammed funds in the Supreme Court. On Wednesday, Jan. 3, the budget department maintained that the unprogrammed funds in the...
Over half a billion was issued to cover the construction and expansion of the National Kidney and Transplant Institute’s (NKTI) building, the Department of Budget and Management (DBM) said on Wednesday, Jan. 3. Budget Secretary Amenah F. Pangandaman has approved the issuance of Special Allotment...
The proposed new procurement bill will provide an online site that will expedite the purchasing of goods and services in the government, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said in a statement that the proposed Government Procurement Reform Act...
The Department of Budget and Management (DBM) said the Marcos administration is making progress in reducing its reliance on borrowing to support spending, a positive development in its efforts to lessen the country's debt burden. Budget Secretary Amenah F. Pangandaman said the national government's...
The Department of Budget and Management (DBM) clarified that the unprogrammed funds in next year's budget do not contain actual money at present, and will only be utilized in the event of unexpected expenses and additional revenue. In a statement, Budget Secretary Amenah F. Pangandaman explained...
