The Department of Budget and Management (DBM) has revealed plans to broaden the scope of the national indemnity insurance program (NIIP) to cover more than just school buildings. Budget Secretary Amenah F. Pangandaman said on Wednesday, Aug. 28, that the DBM wants to add other important...
Department of Budget and Management Secretary Amenah F. Pangandaman urged government agencies (NGA) to fully utilize their budgets for infrastructure projects. “I urge all NGAs with infra projects to aim for 100 percent budget utilization so that we will sooner see the fruits of our Build Better...
The government allotted around P114 billion to the 2025 budget of the Pantawid Pamilyang Pilipino Program (4Ps) under the Department of Social Welfare and Development (DSWD). In a statement, Budget Secretary Amenah F. Pangandaman said this figure is an increase of about eight percent from P106.35...
One of President Marcos’ economic managers has said that an “A” credit rating from Moody’s Ratings is now within reach, as the government intensifies its efforts to achieve this coveted status. Although Moody’s has still kept the Philippines’ credit rating at “Baa2”—an...
FOR MONDAY ISSUE The national government's infrastructure spending is on track to meet its full-year target, the Department of Budget and Management (DBM) said. Based on the DBM's national government disbursement performance report, the budget allocated for infrastructure projects in the second...
The government has released an additional P3 billion to the Department of Information and Communications Technology (DICT) to sustain the implementation of the Free Public Internet Access Program (FPIAP) nationwide. Department of Budget and Management Secretary Amenah F. Pangandaman approved the...
The government increased its spending for infrastructure projects by 20.6 percent in the first six months of the year driven by road programs, data from the Department of Budget and Management (DBM) showed. According to the latest data from DBM, infrastructure expenditures reached P611.8 billion...
Aboitiz Equity Ventures Inc., the investment arm of the Aboitiz family, is consolidating its food and agribusiness units held by Pilmico and Gold Coin Management Holdings Inc. into the unified corporate brand Aboitiz Foods. Pilmico is one of the leading flour and feed manufacturers and meat...
Department of Budget and Management Secretary Amenah F. Pangandaman urged Congress to pass the National Government Rightsizing Program (NGRP) to address the issue of unfilled plantilla positions in the government. During a hearing of the Senate finance committee, Pangandaman said that the NGRP will...
The Department of Budget and Management (DBM) has urged agency heads to give priority to contract of service (COS) and job order (JO) workers when filling vacant government plantilla positions. In a statement on Thursday, Aug. 15, Budget Secretary Amenah F. Pangandaman said that 92 percent of the...
State economic managers should find time to consolidate the Marcos administration’s economic strategy and be cohesive about it, Senate Deputy Minority leader Risa Hontiveros said. Hontiveros noted that the current plans of the Department of Finance (DOF), Department of Budget and...
The government disbursed P13 billion in calamity funds in the first seven months, primarily for the restoration of infrastructure damaged by typhoons, data from the Department of Budget and Management (DBM) showed. Based on the data, the DBM released some P2.33 billion in July from the national...
