The Commission on Audit (COA) has granted the money claim of a security services company for P7.91 million against the Department of Budget and Management (DBM) for services rendered from Jan. 23 to July 16, 2020. Granted was the claim filed by 168 Security, Inc. However, instead of P7,935,324.42,...
Again, the Sandiganbayan has convicted the now detained businesswoman Janet Lim Napoles of graft and malversation of public funds and sentenced to life imprisonment. This time, she was found guilty in the misuse of the P35 million Priority Development Assistance Fund (PDAF) of former Ilocos Sur 1st...
Over P100 billion will be spent on the government’s national health insurance Program next year, the Department of Budget and Management (DBM) said Friday, Oct. 27. Budget Secretary Amenah F. Pangandaman said a total of P101.51 billion budget will be allocated to the Philippine Health Insurance...
The Department of Budget and Management (DBM) said that next year’s proposed national budget will include funding for the upgrade of regional hospitals and other healthcare facilities. In a statement, Budget Secretary Amenah F. Pangandama said about P49.75 billion would be set aside for the...
The Department of Budget and Management (DBM) said that next year's proposed national budget will focus on strengthening the nationwide healthcare system. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM has allocated P22.98 billion to the Department of Health (DOH) for its...
The Department of Budget and Management (DBM) has released nearly P4 billion to fund the government’s tuition-free college education program. Budget Secretary Amenah F. Pangandaman said she approved a Special Allotment Release Order (SARO) amounting to P3.84 billion for the Universal Access to...
Public spending likely exceeded the government's third-quarter program by a tenth, driven by accelerated infrastructure expenditures, the Department of Budget and Management (DBM) said. In the National Government's August 2023 disbursement report, the DBM indicated that the Marcos...
The government's portion of the income generated by the Philippine Amusement and Gaming Corp. (Pagcor) increased by 40 percent in the first eight months of the year. According to the Bureau of the Treasury's report, the government's gaming regulator and operator contributed P21.59 billion in...
The procurement system for local government units (LGUs) will soon be digitalized, the Department of Budget and Management (DBM) said on Thursday, Oct. 19. Budget Secretary Amenah F. Pangandaman said there will be an electronic reverse auction and electronic or e-marketplace which will cater to...
The International Monetary Fund (IMF), through its Fiscal Division, commended the Philippines for proactively improving its Public Financial Management (PFM) systems through digital transformation. During one of the sessions of the IMF-World Bank (WB) Annual Meeting in Marrakesh, Morocco, IMF...
In a significant step towards transforming the government, the Department of Budget and Management (DBM) joined forces with the Department of the Interior and Local Government (DILG) and the Philippine Information Agency (PIA) to launch OGPinas!. The national government was in full force supporting...
The Securities and Exchange Commission (SEC) will meet with business groups on Thursday, Oct. 12, to discuss complaints on the proposed revised schedule of certain fees and charges which is deemed too high. In a statement, the SEC welcomed the points and notes the concerns raised by business groups...
