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...
The Department of Budget and Management (DBM) has granted its approval for the disbursement of P1 billion as compensation to the victims of the 2017 Marawi siege. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM has approved the issuance of a Special Allotment Release Order...
The Department of Budget and Management (DBM) said the government will continue to provide career advancements and allowances to public school teachers next year. Budget Secretary Amenah F. Pangandaman said the DBM has proposed an allocation of P38.63 billion to support over 900,000 teachers in the...
The government has more than P37.1 million worth of relief goods which have remained undistributed and exposed to loss, wastage or misappropriation, the Commission on Audit (COA) said. In its 2022 audit on the Disaster Risk Reduction Management (DRRM), COA said that storage and timely distribution...
