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...
Department of Budget and Management Secretary Amenah F. Pangandaman said on Monday, Aug. 12, that entry-level pay for educators in public schools will increase by around P3,024 in 2025. This comes following the signing of Executive Order (EO) No. 64 which will increase the salary of government...
(MMDA PIO) The Department of Environment and Natural Resources (DENR) said improper waste management practices from informal settlers resulted to the accumulation of garbage in rivers and creeks, which was cited as cause of the recent heavy flooding...
The government released around P579 million to fund projects, such as flood controls, in eight regions under the People’s Survival Fund (PSF). Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the release of a notice of cash allocation (NCA) amounting to...
The Department of Budget and Management has approved the release of an additional P5 billion to the Pantawid Pamilyang Pilipino Program (4Ps). These approved funds will be used to cover the 703,888 4Ps household beneficiaries, which were sourced from the Fiscal Year (FY) 2023 Continuing...
BEYOND BUDGET Assalamu alaikum wa Raḥmatullahi wa Barakatuh. Last July 22, I was privileged to witness President Ferdinand R. Marcos Jr. (PBBM) deliver his third State of the Nation Address (SONA), which underscores the administration’s achievements over the past years and its plans for a...
(Left) House Speaker Martin Romualdez and Department of Budget and Management (DBM) Secretary Amenah Pangandaman (Dexter Barro II/MANILA BULLETIN) The proposed P6.352-trillion national budget for fiscal year 2025 includes the P253.4-billion...