Government workers will receive their year-end and cash gift bonus beginning Tuesday, Nov. 15. In a statement, Budget Secretary Amenah F. Pangandaman said the national government earmarked P65.35 billion to cover the year-end and cash gift bonus of state personnel. Of that amount, P56.73 billion is...
The Senate has approved the proposed P32.4 billion 2023 budget of the Department of Finance (DOF) and Department of Budget and Management (DBM) along with their attached agencies and state-owned companies. Senator Juan Edgardo M. Angara, chair of the Senate Finance Committee, sponsored and defended...
The Department of Budget and Management (DBM) approved the release of P335.81 million as Bangsamoro Autonomous Region in Muslim Mindanao’s (BARMM) share in taxes. Budget Secretary Amenah F. Pangandaman said on Thursday, Nov. 10, said that BARMM gets P335.81 million share from the taxes and other...
The Marcos administration is planning to spend over P200 billion next year to mitigate the impact of skyrocketing consumer prices on the most vulnerable sectors, the Department of Budget and Management (DBM) said. In a statement on Monday, Nov. 7, Budget Secretary Amenah F. Pangandaman said they...
The Department of Budget and Management (DBM) said government agencies can tap the remaining P6.8 billion calamity fund following the onslaught of Severe Tropical Storm Paeng. On Thursday, Nov. 3, the DBM said the national government still has P6.8 billion left under its National Disaster Risk...
The Philippines is far from falling into a recession anytime soon, the Department of Budget and Management (DBM) said. In a statement on Friday, Oct. 28, Budget Secretary Amenah F. Pangandaman allayed recession fears, noting this scenario may not be imminent in the country. “I think we're far...
The Department of Budget and Management (DBM) has vowed support to environmental protection to achieve the country’s economic sustainability. During the opening ceremony of the National Marine Pollution Exercise (MARPOLEX) 2022 on Wednesday, Oct. 26, Budget Secretary Amenah F. Pangandaman...
The Department of Budget and Management (DBM), along with the Government Procurement Policy Board (GPPB), in partnership with the United Nations Office on Drugs and Crime, will pilot test use of the revised procurement reports. In a statement, Budget Secretary Amenah F. Pangandaman said the pilot...
State-run National Power Corp. (NPC) may tap its subsidy allotments from the national government to fund its operation requirements next year, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said Friday, Oct. 21, that the subsidy portion in the corporate...
The Department of Budget and Management (DBM) has increased its funding allotment for the land tenure security program (LTSP) of the Department of Agrarian Reform (DAR) for next year. In a statement on Thursday, Oct. 20, Budget Secretary Amenah F. Pangandaman said the government’s proposed LTSP...
The Department of Budget and Management (DBM) wants to bring back the “good name” of its procurement service unit, which has been repeatedly embroiled in fund controversies. Budget Secretary Amenah F. Pangandaman said her administration would work in fostering hard work, integrity, and service...
The Department of Budget and Management (DBM) and the World Bank are planning to initiate and implement reforms in the Philippines’ procurement law. In a statement Friday, Oct. 14, the DBM said that Budget Secretary Amenah F. Pangandaman met with officials from the World Bank in Washington D.C....
