The government signed an order to overhaul the decades-old guidelines for the sale and disposal of government properties. The Department of Budget and Management (DBM) and the Commission on Audit (COA) have inked the Joint Circular on the Revised Manual on the Disposal of Government Properties....
Citing the adverse economic impact brought about by the worsening traffic situation in Metro Manila, the Management Association of the Philippines (MAP) is urging the government to appoint a traffic czar and implement some measures, including the establishment of a new government center in New...
The Department of Budget and Management (DBM) said that it allocated nearly P50 billion last year to finance programs designed to aid individuals and families during times of crises. Budget Secretary Mina F. Pangandaman said the Protective Services of Individuals and Families in Difficult...
Billionaire Jaime Augusto Zobel de Ayala (JAZA), chairman and CEO of the Philippines' oldest conglomerate Ayala Corporation, calls on both private and public sectors to work together to close persistent gaps in four major sectors for exponential growth and equitable progress amid government's goal...
The government is partnering with the Asian Development Bank (ADB) on the rightsizing and a public financial management (PFM) institute for local agencies, the Department of Budget and Management said. Budget Secretary Amenah F. Pangandaman said that ADB has been aiding the government in passing...
The Department of Budget and Management (DBM) is set to release all special allotment release orders (SAROs) for 2024 this week as well as the excess releases from last year in a bid to expedite state agencies’ utilization. During an interview, Budget Secretary Amenah F. Pangandaman said that it...
The Department of Budget and Management (DBM) has clarified that the additional P12 billion budget allocated by Congress to the Commission on Elections (COMELEC) is not earmarked for the purpose of Charter Change. Budget Secretary Amenah F. Pangandaman said on Wednesday, Jan. 17, that the allocated...
Over P30 billion was allotted for the health emergency allowances (HEA) of healthcare and non-healthcare workers last year, the Department of Budget and Management (DBM) announced. The DBM said that this fund covered the payment of HEA claims, which has a budget of P88.14 billion, as compensation...
The Marcos economic team said it supports the appointment of former House Deputy Speaker and Batangas Representative Ralph G. Recto as the new finance secretary. In a statement, former Finance Secretary Benjamin E. Diokno expressed confidence in Recto, who was also a former senator and...
The Department of Budget and Management (DBM) allocated an additional P3 billion that will fund the repair and rehabilitation of elementary and secondary school buildings. Budget Secretary Amenah F. Pangandaman has approved the release of a Special Allotment Release Order (SARO) that amounts to...
The Department of Budget and Management (DBM) is confident that the national government has achieved its infrastructure spending target for last year. In the latest national government disbursement performance report, the DBM stated that the overall infrastructure spending for January to December...
The government has allotted some P56 million to cover the construction of a three-story building of the Mindanao State University in Marawi City. Budget Secretary Mina F. Pangandaman has approved the release of the Special Allotment Release Order (SARO) of over P55.65 million to fund the Student...
