Following the lower-than-expected third-quarter growth, the Department of Budget and Management (DBM) said it will prioritize agriculture and climate action to foster stronger economic growth in the year’s final three months. “We will reinforce our prioritization of agriculture and climate...
Despite concerns over depleted Quick Response Funds (QRF) in some government agencies, the Department of Budget and Management (DBM) has assured the public that sufficient funds are available to support areas ravaged by recent natural disasters. In a statement on Thursday, Nov. 7, Budget...
By Derco Rosal For the first time in 10 years, the government has increased allowances for national employees working overseas to address the rising cost of living. On Oct. 30, President Ferdinand R. Marcos Jr. issued an executive order to update the regulations governing the payment of various...
Gender and Development (GAD) needs to be mainstreamed into the national budget, Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman said at the international conference on women, peace, and security (ICWPS). “What we should do, more than tagging this budget, (is that) we...
Budget Secretary Amenah F. Pangandaman has assured that public projects jointly funded with bilateral and multilateral development partners will be implemented as scheduled next year, as most of them formed part of the regular 2025 budget proposal. "So far, when I saw the GAB [general...
Government employees are set to receive their year-end bonuses and cash gifts earlier than usual, the Department of Budget and Management (DBM) said. In a statement, Budget Secretary Amenah F. Pangandaman said she signed DBM Budget Circular No. 2024-3 on Oct. 22, outlining the new guidelines for...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has authorized a P454 million vehicle purchase for the Department of Health (DOH). On Oct. 17, Pangandaman approved the issuance of an Authority to Purchase Motor Vehicle (APMV) to strengthen the country's healthcare system....
By DERCO ROSAL The Department of Budget and Management (DBM) is confident that the proposed P6.352-trillion national budget for 2025 will be signed into law by the president before Christmas. Budget Secretary Amenah F. Pangandaman said she is confident about the timely enactment of the General...
Despite a slight reduction in the government's infrastructure budget for 2025, the Marcos administration is banking on increased investments in Public-Private Partnership (PPP) projects to bridge the gap. In a statement, Budget Secretary Amenah F. Pangandaman confirmed that the proposed 2025 budget...
President Marcos' economic team plans to reassess the country's macroeconomic assumptions following a significant slowdown in consumer prices, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said that the economic managers might consider revising the 2024...
Reforms in the government’s budget process could significantly improve the country’s chances of achieving the coveted “A” rating status, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman explained that the Public Financial Management (PFM) Reforms...
The Department of Budget and Management (DBM) has released P31.93 billion for salary increase for government employees as of Tuesday, Sept. 10. The DBM said it has begun distributing funds for salary adjustments, and the implementation is now underway across government agencies. This came after...
