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...
The national government intends to slash the budget for state universities and colleges (SUCs) next year by around P14 billion, based on the data from the Department of Budget and Management (DBM). According to the National Expenditure Program (NEP) submitted by the DBM to the Congress on Monday,...
The Philippines has improved its ranking in the global anti-red tape rankings, the Anti-Red Tape Authority (ARTA) announced. (Photo courtesy of ARTA) “The Philippines proudly climbs three spots in Government Efficiency, ranking 49th in the 2024 World Competitiveness Report by the International...
(MANILA BULLETIN) The House of Representatives officially received on Monday, July 29, the P6.352-trillion National Expenditure Program (NEP) or the proposed national budget for 2025. Like past budget measures, next year's NEP has its own...
DBM Secretary Amenah Pangandaman (Ellson Quismorio/ MANILA BULLETIN) The Marcos administration is asking for P2 billion less confidential and intelligence funds (CIFs) under the P6.352-trillion National Expenditure Program (NEP) or proposed...
The Philippine government is on track to surpass the P17 trillion debt threshold by the end of next year, data from the Department of Budget and Management (DBM) showed. Based on the Budget of Expenditures and Sources of Financing submitted to Congress, the Marcos administration expects to conclude...
The Marcos administration is charting a path towards fiscal consolidation by reducing borrowings next year, data from the Department of Budget and Management (DBM) showed. Based on the Budget of Expenditures and Sources of Financing presented to Congress, the government is planning to borrow P2.545...
The bargaining chip dangled by the Department of Energy (DOE) on the proposed corporate life extension for state-run Power Sector Assets and Liabilities Management Corporation (PSALM) is to prevent transfer of P300 billion worth of its residual debts to the national government coffers. “At this...
President Marcos has submitted to Congress his proposed national budget of P6.352 trillion for 2025. On Monday, July 29, Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman delivered the National Expenditure Program (NEP) for Fiscal Year 2025 to the House of...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman said that the signing of the implementing rules and regulations (IRR) of Executive Order No. 174 will allow teachers to choose teaching or managerial roles without prejudice. “Today’s signing of the IRR of EO No. 174...
