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...
The government met with several potential investors in Doha, Qatar to discuss the country’s economic policies and projects. The Philippine economic team, led by Finance Secretary Benjamin E. Diokno held its first investor briefing in the Middle East with Philippine Dialogue: Economic Outlook and...
The release of P3 billion for the implementation of a fuel subsidy to the transport sector affected by rising fuel prices has been approved by the Department of Budget and Management (DBM). According to Budget Secretary Amenah F. Pangandaman, the fuel subsidy aims to offer assistance to around 1.36...
The Department of Budget and Management (DBM) said transparency and public participation have been fostered through the government’s initiatives toward digitalization. At the 2023 Open Government Partnership (OGP) Global Summit in Estonia, Budget Secretary Amemah F. Pangandaman said there...
The Department of Budget and Management (DBM) said it has allocated P882.2 billion to the Department of Public Works and Highways (DPWH) for next year to expedite the government’s socio-economic development initiatives. Budget Secretary Amenah F. Pangandaman said the DPWH's proposed budget will...
The Department of Budget and Management (DBM) said the government's one-time fuel assistance, aimed at helping public transport drivers and operators cope with skyrocketing gasoline and diesel prices, is expected to be released this week. Budget Secretary Amenah F. Pangandaman said the Department...
The Department of Budget and Management (DBM) said the national government will continue to support displaced, underemployed, and seasonal Filipino workers next year. Budget Secretary Amenah F. Pangandaman said the DBM has proposed P12.919 billion in funding for the Tulong Panghanapbuhay sa Ating...
The proposed P1.408-billion fund for the President's local and foreign trips is justified as the Philippines needs to actively promote foreign investments. President Ferdinand 'Bongbong' Marcos Jr. and First Lady Liza Araneta-Marcos (Ali Vicoy) Department of Budget and Management (DBM) Secretary...
BEYOND BUDGET *Assalamu alaikum wa Rahmatullahi wa Barakatuh.* Time flies, indeed. For us, in the administration of President Ferdinand R. Marcos Jr., it has flown rather swiftly. In 2022, the President unveiled his eight-point socioeconomic agenda, the Philippine Development Plan 2023-2028, and...
