Ombudsman Samuel Martires has formally asked the Senate and the House of Representatives to significantly decrease the P51-million confidential and intelligence funds (CIF) allocated to his office to P1-million under the proposed 2024 national budget. In his letter to Sen. Juan...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last week, I joined Finance Secretary Benjamin Diokno, Bangko Sentral ng Pilipinas Governor Eli Remolona, Jr., and National Economic and Development Authority Secretary Arsenio Balisacan in receiving the Article IV Consultation...
(MANILA BULLETIN) Some P194 billion worth of realignments--a lot of which have to do with addressing the problem of fast inflation--have been identified in the P5.768-trillion General Appropriations Bill (GAB) or proposed national budget for 2024. This was...
Senators on Tuesday, October 10 urged Department of Public Works and Highways (DPWH) Secretary Manuel Bonoan to make a decisive move as they question the agency’s inability to relocate electric posts in the middle of widened roads. Department of Public Works and Highways (DPWH) Sec. Manuel Bonoan...
The Department of Budget and Management (DBM) has granted its approval for the disbursement of P1 billion as compensation to the victims of the 2017 Marawi siege. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM has approved the issuance of a Special Allotment Release Order...
Senators on Thursday, October 5 told officials of the Department of Agriculture (DA) to forego the P50-million confidential funds allocated to the agency under their proposed 2024 national budget. Sen. Cynthia Villar, chairperson of the Senate Committee on Agriculture, and Sen. Raffy Tulfo...
The Department of Budget and Management (DBM) said the government will continue to provide career advancements and allowances to public school teachers next year. Budget Secretary Amenah F. Pangandaman said the DBM has proposed an allocation of P38.63 billion to support over 900,000 teachers in the...
The Department of Tourism (DOT) should have used its funding for market study and research for their rebranding campaign prior to the launch of its controversial “Love the Philippines” promotional video. Sen. Nancy Binay pointed this out at she questioned the DOT’s request for...
The Department of Budget and Management (DBM) said it is determined to redouble its efforts in securing the passage of key structural reforms that are vital for maintaining the country's economic growth. Budget Secretary Amenah F. Pangandaman issued a statement on Wednesday, Oct. 4, expressing her...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. We greet October with the commemoration of National Cooperative Month, which seeks to highlight the significant contribution of cooperatives to the country’s economic growth. This observance paves the way for the Cooperative Development...
The shortlist of candidates for the board of directors of the Maharlika Investment Corp. (MIC) was officially submitted to President Marcos, the Department of Budget and Management (DBM) said. The Advisory Body, consisting of the DBM, the National Economic and Development Authority, and the Bureau...
The Department of Budget and Management (DBM) said the government will continue to prioritize the implementation of programs and policies aimed at advancing micro, small, and medium enterprises (MSMEs). Budget Secretary Amenah F. Pangandaman said the Department of Trade and Industry's (DTI) MSME...
