Bicol Saro Party-list Rep. Brian Raymund Yamsuan (PPAB) With a P1.5 billion increase in its 2024 budget, the Bureau of Jail Management and Penology (BJMP) should strengthen its reintegration programs for persons deprived of liberty (PDLs), says Bicol Saro...
Ako Bicol Party-list Rep. Zaldy Co (Facebook) Ako-Bicol Party-list Rep. Zaldy Co has insisted that unprogrammed funds are legal amid Albay 1st district Rep. Edcel Lagman’s petition before the Supreme Court (SC) questioning the controversial budget...
The government is partnering with the Asian Development Bank (ADB) on the rightsizing and a public financial management (PFM) institute for local agencies, the Department of Budget and Management said. Budget Secretary Amenah F. Pangandaman said that ADB has been aiding the government in passing...
The Department of Budget and Management (DBM) is set to release all special allotment release orders (SAROs) for 2024 this week as well as the excess releases from last year in a bid to expedite state agencies’ utilization. During an interview, Budget Secretary Amenah F. Pangandaman said that it...
The Department of Budget and Management (DBM) has clarified that the additional P12 billion budget allocated by Congress to the Commission on Elections (COMELEC) is not earmarked for the purpose of Charter Change. Budget Secretary Amenah F. Pangandaman said on Wednesday, Jan. 17, that the allocated...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. President Ferdinand R. Marcos Jr. (PBBM) noted in his New Year’s Message that "every new beginning allows us to reflect on what we have accomplished, move forward with the lessons we have learned, and reinforce the unity we have...
Malacañang said it will respond appropriately, if required by the Supreme Court, after three members of the House of Representatives filed a petition challenging the constitutionality of the P449.50 billion unprogrammed funds in the 2024 national budget. "The Executive Department will answer...
Over P30 billion was allotted for the health emergency allowances (HEA) of healthcare and non-healthcare workers last year, the Department of Budget and Management (DBM) announced. The DBM said that this fund covered the payment of HEA claims, which has a budget of P88.14 billion, as compensation...
The Marcos economic team said it supports the appointment of former House Deputy Speaker and Batangas Representative Ralph G. Recto as the new finance secretary. In a statement, former Finance Secretary Benjamin E. Diokno expressed confidence in Recto, who was also a former senator and...
Former Finance Secretary Benjamin E. Diokno is set to join the Monetary Board (MB), the policy-making body of the Bangko Sentral ng Pilipinas (BSP), a ranking government official announced. In a statement, Budget Secretary Amenah F. Pangandaman said on Friday, Jan. 12, that Diokno, a former central...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. The new year is about new beginnings. I am happy to note that the Maharlika Investment Corporation (MIC), which shall govern the Maharlika Investment Fund (MIF), has hit the ground running with its inaugural meeting on Jan. 3,...
House Appropriations Committee chairman Rep. Elizaldy Co on Tuesday, January 9 rejected claims that an additional P12-billion budget of the Commission on Elections (Comelec) would be used to finance Charter change. Co is referring to Albay Congressman Edcel Lagman’s claim that P12-billion...