The shortlist of candidates for the board of directors of the Maharlika Investment Corp. (MIC) was officially submitted to President Marcos, the Department of Budget and Management (DBM) said. The Advisory Body, consisting of the DBM, the National Economic and Development Authority, and the Bureau...
The Department of Budget and Management (DBM) said the government will continue to prioritize the implementation of programs and policies aimed at advancing micro, small, and medium enterprises (MSMEs). Budget Secretary Amenah F. Pangandaman said the Department of Trade and Industry's (DTI) MSME...
The Department of Budget and Management (DBM) said that the country’s procurement law should be more attuned to the changing times, citing the need for amendments amid the digitalization era. The proposed amendments to the 20-year-old Government Procurement Reform Act (GPRA) have already been...
The Department of Budget and Management (DBM) said it is committed to provide support to local government units (LGUs) in their efforts to promote green open spaces and infrastructure projects that encourage active mobility. In a statement on Monday, Oct. 2, Budget Secretary Amenah F. Pangandaman...
EMBARGOED UNTIL MONDAY, OCT. 2 12:00AM The Development Budget Coordination Committee (DBCC) will review the macroeconomic targets of the Marcos administration later this month, taking into account the challenging global economic conditions. Finance Secretary Benjamin E. Diokno said the DBCC, which...
The Department of Health’s (DOH) proposed P311.3-billion budget for 2024 should be increased to ensure that medical services would be easily accessible to all Filipinos. Sen. Christopher “Bong” Go, chairman of the Senate Committee on Health, said next year’s budget of the DOH should...
President Marcos is set to receive a list of names on Monday, from which he will handpick six individuals to join the board of the Maharlika Investment Corp. (MIC). A total of 29 candidates have successfully met the qualifications for various positions at the MIC, including the roles of president...
The Department of Budget and Management will remain supportive of the State Universities and Colleges (SUCs) for their contribution in the competitive education sector of the country. In a statement on Friday, Sept. 29, Budget Secretary Amenah F. Pangandaman said that SUCs promote quality and...
The percentage of household electrification rate or the number of houses with access to electricity has decreased across the country, officials of the Department of Energy (DOE) told senators on Friday, September 29. According to Energy Secretary Raphael Lotilla, the number of households...
Senate President Pro Tempore Loren Legarda on Thursday, September 28 urged lawmakers to refrain from approving a measure if there is no specific source of funds. Senate President Pro Tempore Loren Legarda (Senate PRIB Photo) Legarda made the call after learning from...
Senators on Thursday, September 28 questioned the absence of Dr. Teodoro “Ted" Herbosa in the Senate Committee on Finance’s deliberations on the proposed 2024 budget of the Department of Health (DOH). DOH Secretary Teodoro Javier "Ted" Herbosa during the Commission on Appointments (CA)...
The Department of Budget and Management (DBM) has ruled out the possibility of a reenacted budget for next year following the House of Representatives' swift approval of the 2024 general appropriations bill (GAB). In a statement on Thursday, Sept. 28, Budget Secretary Amenah F. Pangandaman lauded...
