President Marcos cited the need to maintain the momentum in achieving the country's economic and social transformation as he urged Congress anew to approve the proposed P6.352-trillion 2025 national budget. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) "Let us stay on track with our...
Vice President Sara Duterte is asking Congress for a budget of P2.037 billion under the proposed 2025 national budget set to be deliberated upon next month. Vice President Sara Duterte Based on the 2025 National Expenditure Program (NEP) or proposed budget for the coming year...
The Philippine government is on track to surpass the P17 trillion debt threshold by the end of next year, data from the Department of Budget and Management (DBM) showed. Based on the Budget of Expenditures and Sources of Financing submitted to Congress, the Marcos administration expects to conclude...
The Marcos administration is charting a path towards fiscal consolidation by reducing borrowings next year, data from the Department of Budget and Management (DBM) showed. Based on the Budget of Expenditures and Sources of Financing presented to Congress, the government is planning to borrow P2.545...
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...
4Ps Party-list Rep. Marcelino “Nonoy” Libanan (Facebook) The national government has enough money under the current 2024 budget national budget for emergency relief aid and rehabilitation services to communities affected by the seasonal...
(MANILA BULLETIN) The House of Representatives will officially get its hands on the proposed P6.352-trillion national budget for 2025 on Monday, July 29, exactly a week after President Marcos' third State of the Nation Address (SONA). The executive branch...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman said that the signing of the implementing rules and regulations (IRR) of Executive Order No. 174 will allow teachers to choose teaching or managerial roles without prejudice. “Today’s signing of the IRR of EO No. 174...
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 Bureau of the Treasury reported on Wednesday, July 24, that the national government's financing gap fell below ceiling in the first half of the year due to increased revenues. From January to June 2024, the national government recorded a budget deficit of P613.9 billion, seven percent lower...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last Saturday, July 20, 2024, was very fulfilling for me as the Department of Budget and Management (DBM) Secretary. We witnessed the signing into law of Republic Act (RA) No. 12009, or the New Government Procurement Act (NGPA), by...
The government is providing P42 billion to the country’s irrigation infrastructure to boost the agriculture sector and ensure food security, the Department of Budget and Management (DBM) said. During a post-SONA briefing, Budget Secretary Amenah F. Pangandaman stated that the allocation to the...