The bicameral conference committee on Monday, December 11, has drafted the final version of the proposed P5.768-trillion General Appropriations Bill (GAB) for 2024. The bicameral conference committee report on the 2024 General Appropriations Bill has been approved by the Senate and House...
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...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. I was thrilled to witness a new era of cooperation between the Republic of Korea and our very own Procurement Service (PS)-Department of Budget and Management (DBM). Last week, together with the Philippine delegation composed of...
Senator Francis “Chiz” Escudero on Sunday, December 3 said he is confident that the bicameral conference committee tackling the proposed 2024 General Appropriations Bill (GAB) will accede to the provision inserted by the Senate that would allow Filipino passengers to reimburse their...
The group in charge of handling the Bangsamoro regional government's relations with the national government said the bombing in Marawi is a major setback to peace efforts in the area. Budget Secretary Amenah F. Pangandaman said the explosion that occurred at a state university in Marawi City on...
The House plenary (Ellson Quismorio/ MANILA BULLETIN) The measure seeking to provide an additional criterion for the availment of unprogrammed appropriations under the P5.268-trillion national budget for 2023 has been overwhelmigly approved on third and...
The Marcos administration was able to cut the budget deficit by more than half for the year due to strong revenues, data from the Bureau of the Treasury revealed. The fiscal gap of the national government amounted to P34.4 billion last month, showing a 65 percent decrease compared to P99.1 billion...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. I was privileged to speak during the Philippine Halal Economy Festival organized by the Department of Trade and Industry (DTI) on Nov. 22, 2023. As the only woman Muslim Cabinet member and a proud daughter of Mindanao, I expressed my...
Voting 21-0, the Senate on Tuesday, November 28 approved on third and final reading the proposed General Appropriations Bill (GAB) for 2024 which is at P5.768-trillion. Twenty-one (21) senators gave affirmative votes; there were zero negative votes and one abstention. Senate Minority...
Department of Finance (DOF) Secretary Benjamin Diokno is asking local government units (LGUs) to speed up their spending given their budget surplus because of the lack of investments. President Ferdinand Marcos Jr. (2nd right) presides over a sectoral meeting in Malacañang on Tuesday, Nov....
President Marcos is expected to sign the proposed national budget for 2024 by the middle of December. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of PPA Pool/KJ Rosales) Finance Secretary Benjamin Diokno disclosed that Marcos could sign the proposed 2024 General Appropriations Act...
Budget Secretary Amenah F. Pangandaman underscored the crucial role of the Open Government Partnership (OGP) in upholding peace in Mindanao and driving the socio-economic recovery of the Philippines. Pangadaman stated that the OGP aligns with President Marcos’ directive to guarantee transparency...
