BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. As a Muslim and a daughter of Mindanao, it always touches my heart to see how President Ferdinand R. Marcos Jr. (PBBM) demonstrates his love and commitment to the second largest island of the country, and especially to the Bangsamoro...
Budget Secretary Amenah F. Pangandaman announced that the government is nearing completion of a comprehensive study on potential salary adjustments for government workers, with plans to finalize it by the first half of the year. This collaborative effort, led by the Department of Budget and...
The Marcos administration has again turned to foreign creditors to seek financial support for the national government's budgetary needs. In a notice on Tuesday, May 7, the government announced its issuance of a dual-tranche benchmark-sized US dollar bond, marking the first offshore debt offering by...
The Department of Budget and Management (DBM) has released an additional budget for indigent patients and hospital workers amounting to P8 billion. A notice of cash allocation with amounts of P2.43 billion and P5.55 billion was released to the Department of Health to provide medical assistance to...
Department of Finance Secretary Ralph G. Recto said that revenues during the first four months may hit around P1.4 trillion, which makes about 32 percent of the P4.3 trillion target this year. This translates to a 7 percent increase from the P1.3 trillion collected in the same period last year....
Senator Jinggoy Ejercito Estrada on Monday, May 6 expressed confidence there is sufficient time to study the proposal seeking a new round of salary increases for government workers. Estrada pointed this out after the Department of Budget and Management (DBM) reiterated that any...
Indigent college students will receive over P3.7 billion from the government to support their needs in finishing their degrees, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said they have allocated the budget to around 247,135 student grantees under the...
The Department of Budget and Management (DBM) has thrown its support behind the call from health experts to expand the immunization program against the human papillomavirus (HPV) in a bid to reduce cervical cancer cases in the Philippines. In a statement on Wednesday, May 1, Budget Secretary Amenah...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. I was privileged and honored to attend the 2024 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) with the economic team, led by Finance Secretary Ralph Recto, in Washington, DC, USA from April 17 to...
The national government has standby funds worth P15.5 billion to mitigate the impact of El Niño, the Department of Budget and Management (DBM) said on Friday, April 26. Budget Secretary Amenah F. Pangandaman said the amount forms part of the total allocation of P20.5 billion for the National...
The Commission on Audit (COA) has dismissed the P78.956 million payment claimed by Adlib International Sales, Inc. (AISI) from the Department of Budget and Management (DBM)-Procurement Service and the Presidential Security Group (PSG) for the supply and delivery of two mobile X-ray units in 2015....
The Marcos administration’s budget deficit shrank in March this year as revenue growth outpaced public spending, the Bureau of the Treasury reported. The fiscal deficit of the national government for the third month of the year was P195.9 billion, down from P210.3 billion in March 2023. Based on...
