The Department of Budget and Management (DBM) said it will implement the approved spending appropriations for this year, even if there are legal challenges regarding unprogrammed funds in the Supreme Court. On Wednesday, Jan. 3, the budget department maintained that the unprogrammed funds in the...
Senate Minority Leader Aquilino "Koko" Pimentel III said on Wednesday, Jan. 3 that he is targeting to file his petition before the Supreme Court (SC) on the unconstitutionality of the additional P450-billion unprogrammed funds in the 2024 national budget this week. "The target is this week but...
Over half a billion was issued to cover the construction and expansion of the National Kidney and Transplant Institute’s (NKTI) building, the Department of Budget and Management (DBM) said on Wednesday, Jan. 3. Budget Secretary Amenah F. Pangandaman has approved the issuance of Special Allotment...
Albay 2nd district Rep. Joey Salceda (Facebook) Albay 2nd district Rep. Joey Salceda expressed confidence that the Supreme Court (SC) would decide in Congress' favor in the event that the 2024 national budget's validity gets challenged. This, after...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. There's something about the end of the year that gives us a glimmer of hope. We may have faced the most severe obstacles or the most heartbreaking events in the year that was—failures, conflicts, the loss of a loved one—but...
Senator Sherwin Gatchalian on Tuesday, January 2 assured that the 2024 General Appropriations Act (GAA) or Republic Act No. 11975 has sufficient allocation to address possible funding deficiency in free higher education in state universities and colleges (SUCs). Gatchalian said the 2024 GAA...
Budget Secretary Amenah Pangandaman commended the Philippine National Police (PNP) for recruiting almost 300 former members of the Moro Islamic Liberation Front (MILF) and Moro National Liberation Front (MNLF). Pangandaman, co-chair of the Intergovernmental Relations Board (IGRB) for agreements...
Sen. Sherwin Gatchalian said that the 2024 national budget has allocated P210-million for the implementation of mental health programs and advocacies of the Department of Education (DepEd). Gatchalian said that he originally proposed P160-million for the implementation of mental health programs to...
The Bureau of the Treasury reported that the national government's budget deficit declined in November largely due to decreased public spending. The Marcos administration’s fiscal gap amounted to P93.3 billion last month, a 25 percent reduction from the P123.9 billion recorded in the same...
The proposed new procurement bill will provide an online site that will expedite the purchasing of goods and services in the government, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said in a statement that the proposed Government Procurement Reform Act...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. It is truly a season of gratitude and hope! On Dec. 22, 2023, President Ferdinand Marcos Jr. (PBBM) signed the P5.768 trillion Fiscal Year (FY) 2024 General Appropriations Act (GAA). I believe that this is the best gift that our President...
The Department of Budget and Management (DBM) said the Marcos administration is making progress in reducing its reliance on borrowing to support spending, a positive development in its efforts to lessen the country's debt burden. Budget Secretary Amenah F. Pangandaman said the national government's...
