The Advisory Body for the Maharlika Investment Corp. (MIC) has received a considerable number of applications for the six vacant positions on the board of directors of the sovereign wealth fund. The Advisory Body, which consists of the Department of Budget and Management (DBM), National Economic...
House Speaker Martin Romualdez (Speaker’s office) The expeditious House approval of the P5.768-trillion General Appropriations Bill (GAB) or proposed national budget for 2024 shows the chamber's commitment to the welfare of the Filipino people and its enduring...
(MANILA BULLETIN) With confidential and intelligence funds (CIFs) being the dominant talking point, the House of Representatives passed on third and final reading on Wednesday night, Sept. 27 the P5.768-trillion General Appropriations Bill (GAB) or proposed...
Vice President and Education Secretary Sara Duterte on Wednesday, Sept. 27, thanked members of the House of Representatives, including the principal sponsor of the Office of the Vice President’s (OVP) proposed P2.3-billion budget for 2024, after heated budget deliberations. (From left, 1st row)...
The Department of Budget and Management (DBM) signed a Special Allotment Release Order (SARO) of P705 million to cover safety measures in bike transportation. The budget, given to the Department of Transportation (DOTr), would help implement the Active Transport Bike Share System and Safe Pathways...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last week, I had the honor of presenting proposed amendments to the procurement law during the Legislative-Executive Development Advisory Council Meeting, led by President Bongbong Marcos. Among the priority measures approved to be...
The Department of Finance (DOF) reported an increase in the national government's budget deficit in August due to higher expenditures and a decline in revenue collections. During the month, the Marcos administration’s fiscal deficit amounted to P133 billion, a substantial 85 percent surge...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) House Speaker Martin Romualdez has guaranteed the passage on third and final reading next week of the P5.768-trillion General Appropriations Bill (GAB) or proposed national budget for 2024. ...
The Department of Budget and Management (DBM) has given the go-ahead for P12.26 billion to be used for constructing residential buildings for informal settlers and providing housing assistance to calamity victims. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM approved the...
President Marcos on Wednesday, Sept. 20, certified the “necessity of the immediate enactment” of House Bill (HB) No. 8980, which is the 2024 General Appropriations Bill (GAB) or the P5.768-trillion proposed national budget for 2024. President Ferdinand Marcos Jr. (Photo from the Presidential...
The Department of Budget and Management (DBM) said the government has P500 million remaining to allocate for additional fuel subsidies in the transport sector. Budget Secretary Amenah F. Pangandaman said the Marcos administration is committed to address the escalating commodity prices, despite...
The Department of Budget and Management (DBM) aims to boost public service through increasing the proposed budget for digitalization funding. To embrace digitalization in government agencies, Budget Secretary Amenah F. Pangandaman said that digital initiatives will be allocated P38.75 billion in...
