Executive Secretary Ralph Recto said they have noted underspending while reviewing the progress of big-ticket programs implemented by government agencies. "There are spots of underspending,, and these must be resolved immediately," Recto said, following a meeting with key government agencies on...
More than 1.9 million government employees, including military and uniformed personnel, will receive their mid-year bonuses starting Friday, May 15, after the Department of Budget and Management (DBM) began releasing the ₱73.5 billion allocated for the benefit. In a statement released on Friday,...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. When we hear of superheroes, we think of extraordinary beings with amazing power. But as they say, not all heroes wear capes. I believe the strongest superheroes are the quiet ones who show up every day, carry everyone else without making...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Some people enter your life by circumstance. And then some stay, not just in your memory, but in the work you continue to do long after they are gone. Joselito "Jojit" Basilio was that kind of person to me. I have often said this, and I...
The government is ordering its agencies to surrender unspent funds from last year’s budget to bankroll a multi-sectoral relief package, as the Marcos administration scrambles to address the deepening energy crisis. Budget Secretary Rolando U. Toledo issued National Budget Circular No. 603-2026 on...
Government infrastructure spending shrank by nearly two-fifths to ₱88.7 billion in the first two months of the year as project completions and the rollout of the current budget slowed progress billing. According to the national government (NG) disbursement report by the Department of Budget and...
Malacañang said it will push for the passage of the United Package for Livelihoods, Industry, Food, and Transport (UPLIFT) Bill, a measure concerning government savings and project funding. Palace Press Officer and Communications Undersecretary Claire Castro said the bill was part of the...
Senator Risa Hontiveros on Monday, April 27 warned that the government may need an emergency supplemental budget higher than the P52.8-billion she earlier proposed if the Middle East conflict and the subsequent oil crisis extends to May and beyond. In a radio interview, Hontiveros said the...
The national government has ordered state agencies to implement sweeping austerity measures, including a 20 percent cut in operational costs and the suspension of major infrastructure projects, to shore up funding as a deepening Middle East conflict threatens the nation’s energy security. Budget...
While former House Speaker Martin Romualdez attributed budget corruption to the executive branch, President Marcos does not feel he is being blamed for the anomalies surrounding the national budget, which are also linked to the massive flood control scandal. Palace Press Officer and Communications...
Government agencies reported a dip in spending efficiency as of end-March, although they continued to utilize the vast majority of their cash allocations compared to the same period in 2025. The latest data from the Department of Budget and Management (DBM) showed that the overall utilization rate...
Former House Speaker Leyte 1st district Rep. Martin Romualdez debunked on Tuesday night, April 21 the narrative that he was the "mastermind" of the flood control projects corruption scandal. In an 11-minute video message, Romualdez argued that his mastermind tag simply doesn 't make sense with...
