The Department of Budget and Management (DBM) said it has allocated P882.2 billion to the Department of Public Works and Highways (DPWH) for next year to expedite the government’s socio-economic development initiatives. Budget Secretary Amenah F. Pangandaman said the DPWH's proposed budget will...
The Senate Committee on Finance on Monday, September 4 approved the proposed P2.3-billion budget of the Office of the Vice President for 2024, including its controversial P500-million proposed allocation for confidential and intelligence funds. Vice President Sara Duterte attends the Senate...
Vice President Sara Duterte (Facebook) House Speaker Martin Romualdez had earlier vowed that congressmen will pass the proposed P5.768-trillion National Expenditure Program (NEP) or national budget for 2024 in just five weeks. Four of these...
The Department of Budget and Management (DBM) said the government's one-time fuel assistance, aimed at helping public transport drivers and operators cope with skyrocketing gasoline and diesel prices, is expected to be released this week. Budget Secretary Amenah F. Pangandaman said the Department...
The national government's budget deficit was nearly halved in July owing to strong revenue collection, data from the Bureau of the Treasury showed. The fiscal deficit, which arises when government expenditures exceed revenues, amounted to P47.8 billion in July 2023, a 45 percent decrease compared...
The Department of Budget and Management (DBM) said the national government will continue to support displaced, underemployed, and seasonal Filipino workers next year. Budget Secretary Amenah F. Pangandaman said the DBM has proposed P12.919 billion in funding for the Tulong Panghanapbuhay sa Ating...
Vice President and Education Secretary Sara Duterte expressed gratitude to the House appropriations committee for the approval of the Office of the Vice President’s (OVP) P2.3 billion budget for 2024. Vice President and Education Secretary Sara Duterte (OVP photo) “We are grateful to the...
“There was nothing irregular or unauthorized” on the use of the 2022 confidential funds (CF) as the Office of the Vice President (OVP) has already complied with the required accomplishment reports for them, Vice President and Education Secretary Sara Duterte said on Wednesday, Aug. 30. (From...
The Presidential Communications Office (PCO) has stressed the need for additional resources to finance the implementation of its key programs, particularly the media and information literacy program that aims to combat fake news. PCO Secretary Cheloy Garafil (Photo courtesy of PCO) Presidential...
The Department of Budget and Management (DBM) said the Advisory Body of the Maharlika Investment Corp. (MIC) will submit the names of nominees responsible for overseeing the country's sovereign wealth fund to Malacañang by mid-October. Budget Secretary Amenah F. Pangandaman told Manila Bulletin on...
The Department of Budget and Management (DBM) has approved a total of 5,000 non-teaching positions in public schools nationwide. These job posts were created to aid in lessening the administrative works of public school teachers, Budget Secretary Amenah F. Pangandaman said on Wednesday, Aug. 30....
BEYOND BUDGET (Part 2) Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last week, I discussed the basis and dimensions of the optimized 2024 National Expenditure Program (NEP), which we submitted to Congress for deliberations and approval. As I have said, our national budget will lay the...
