President Marcos is set to receive a list of names on Monday, from which he will handpick six individuals to join the board of the Maharlika Investment Corp. (MIC). A total of 29 candidates have successfully met the qualifications for various positions at the MIC, including the roles of president...
The Department of Budget and Management will remain supportive of the State Universities and Colleges (SUCs) for their contribution in the competitive education sector of the country. In a statement on Friday, Sept. 29, Budget Secretary Amenah F. Pangandaman said that SUCs promote quality and...
The Department of Budget and Management (DBM) has ruled out the possibility of a reenacted budget for next year following the House of Representatives' swift approval of the 2024 general appropriations bill (GAB). In a statement on Thursday, Sept. 28, Budget Secretary Amenah F. Pangandaman lauded...
The Advisory Body for the Maharlika Investment Corp. (MIC) has received a considerable number of applications for the six vacant positions on the board of directors of the sovereign wealth fund. The Advisory Body, which consists of the Department of Budget and Management (DBM), National Economic...
The Department of Budget and Management (DBM) signed a Special Allotment Release Order (SARO) of P705 million to cover safety measures in bike transportation. The budget, given to the Department of Transportation (DOTr), would help implement the Active Transport Bike Share System and Safe Pathways...
The Department of Budget and Management (DBM) has given the go-ahead for P12.26 billion to be used for constructing residential buildings for informal settlers and providing housing assistance to calamity victims. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM approved the...
The Department of Budget and Management (DBM) said the government has P500 million remaining to allocate for additional fuel subsidies in the transport sector. Budget Secretary Amenah F. Pangandaman said the Marcos administration is committed to address the escalating commodity prices, despite...
The Department of Budget and Management (DBM) aims to boost public service through increasing the proposed budget for digitalization funding. To embrace digitalization in government agencies, Budget Secretary Amenah F. Pangandaman said that digital initiatives will be allocated P38.75 billion in...
The Department of Budget and Management (DBM) said that local government units (LGUs) will receive additional national tax allotments (NTA) next year to boost economic growth nationwide. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM has allocated P871.3 billion for NTA in the...
The Philippines drew praises for being a model of open government at the Open Government Partnership (OGP) Global Summit held in Tallin, Estonia last Sept. 6. Partners in Open Government. Open Government Partnership (OGP) CEO Sanjay Pradhan meets with Philippine OGP (PH-OGP) Chairman Amenah...
The Department of Budget and Management (DBM) has underscored the government's economic team's complete support for the recent implementation of price control on rice. Budget Secretary Amenah F. Pangandaman said that Executive Order No. 39, which mandates the prices of rice at P41 and P45 per...
The Department of Budget and Management (DBM) is committed to strengthening projects aimed at enhancing employment opportunities in the country. Budget Secretary Amenah F. Pangandaman said the job-enhancing initiatives of the Department of Labor and Employment (DOLE) and the Technical Education and...
