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...
BEYOND BUDGET * * *Assalamu alaikum wa Rahmatullahi wa Barakatuh.* These past few weeks have been hectic. Aside from doing the usual office tasks, such as attending meetings and budget preparation activities, I was invited to grace, as guest of honor and keynote speaker, three graduation...
BEYOND BUDGET * * *Assalamu alaikum wa Rahmatullahi wa Barakatuh.* I always get a sense of nostalgia whenever I visit the charming coastal town of Baler in the province of Aurora. Fond memories fill my mind, especially when with the people who have shaped my life and work now. Many people think of...
BEYOND BUDGET *Assalamu alaikum wa Rahmatullahi wa Barakatuh.* It’s been said that the best way to create the future is to build it now. The agenda for prosperity is a sturdy benchmark of how we’re visualizing our future and working towards economic transformation with inclusivity and...
BEYOND BUDGET *Assalamu alaikum wa Rahmatullahi wa Barakatuh.* When I was given the honor to serve our country as budget secretary, I already knew my “why.” It was to make a positive difference and push for fiscal reforms through policies and action. Recently, I wrote about how an open...
