The Department of Budget and Management (DBM) has revealed plans to broaden the scope of the national indemnity insurance program (NIIP) to cover more than just school buildings. Budget Secretary Amenah F. Pangandaman said on Wednesday, Aug. 28, that the DBM wants to add other important...
One of President Marcos’ economic managers has said that an “A” credit rating from Moody’s Ratings is now within reach, as the government intensifies its efforts to achieve this coveted status. Although Moody’s has still kept the Philippines’ credit rating at “Baa2”—an...
FOR MONDAY ISSUE The national government's infrastructure spending is on track to meet its full-year target, the Department of Budget and Management (DBM) said. Based on the DBM's national government disbursement performance report, the budget allocated for infrastructure projects in the second...
Department of Budget and Management Secretary Amenah F. Pangandaman urged Congress to pass the National Government Rightsizing Program (NGRP) to address the issue of unfilled plantilla positions in the government. During a hearing of the Senate finance committee, Pangandaman said that the NGRP will...
The Department of Budget and Management (DBM) has urged agency heads to give priority to contract of service (COS) and job order (JO) workers when filling vacant government plantilla positions. In a statement on Thursday, Aug. 15, Budget Secretary Amenah F. Pangandaman said that 92 percent of the...
President Marcos has submitted to Congress his proposed national budget of P6.352 trillion for 2025. On Monday, July 29, Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman delivered the National Expenditure Program (NEP) for Fiscal Year 2025 to the House of...
The Department of Budget and Management (DBM) said that almost half of the government's calamity funds are still available to assist people affected by Typhoon Carina and the southwest monsoon. According to Budget Secretary Amenah F. Pangandaman, approximately P11.12 billion remains in the calamity...
The Department of Budget and Management (DBM) plans to allocate approximately P10 billion next year for government employees' medical allowances. Budget Secretary Amenah F. Pangandaman said that a total of P9.5 billion had been earmarked for the Miscellaneous Personnel Benefits Fund (MPBF) in...
The Department of Budget and Management has allocated P106 billion to support President Marcos' directive to increase the salaries of government employees. Budget Secretary Amenah F. Pangandaman said that DBM has set aside P36 billion for the current year and an additional P70 billion for the...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman underscored that having the right fundamental values and character determines an individual's success as she delivered a message of encouragement to the graduates of the Bulacan State University (BulSU) last July 19. "Dear...
The Department of Budget and Management (DBM) said that the implementation of the new Government Procurement Act (NGPA) will overhaul public procurement processes in the country. Budget Secretary Amenah F. Pangadaman said in a statement that the NGPA law, which has been her priority since she...
By Xander Dave Ceballos Funds for the Green Green Green program should not be utilized for purposes other than promoting open green spaces, according to the Department of Budget and Management (DBM) guidelines. Based on Local Budget Circular No. 158, the funds cannot also be used to pay personnel...
