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...
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...
One of President's economic managers said the Marcos administration will carefully review every provision in the implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF) Act. Budget Secretary Amenah F. Pangandaman said on Thursday, Oct. 19, that the economic managers align...
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 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 Department of Budget and Management (DBM) said it is determined to redouble its efforts in securing the passage of key structural reforms that are vital for maintaining the country's economic growth. Budget Secretary Amenah F. Pangandaman issued a statement on Wednesday, Oct. 4, expressing her...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. We greet October with the commemoration of National Cooperative Month, which seeks to highlight the significant contribution of cooperatives to the country’s economic growth. This observance paves the way for the Cooperative Development...
The shortlist of candidates for the board of directors of the Maharlika Investment Corp. (MIC) was officially submitted to President Marcos, the Department of Budget and Management (DBM) said. The Advisory Body, consisting of the DBM, the National Economic and Development Authority, and the Bureau...
The Department of Budget and Management (DBM) said the government will continue to prioritize the implementation of programs and policies aimed at advancing micro, small, and medium enterprises (MSMEs). Budget Secretary Amenah F. Pangandaman said the Department of Trade and Industry's (DTI) MSME...
The Department of Budget and Management (DBM) said it is committed to provide support to local government units (LGUs) in their efforts to promote green open spaces and infrastructure projects that encourage active mobility. In a statement on Monday, Oct. 2, Budget Secretary Amenah F. Pangandaman...
