Department of Budget and Management (DBM) Secretary Kim Robert de Leon revealed that the “rigorously” reviewed, record-high ₱7.2-trillion proposed national budget for 2027 has until mid-August to reach the Lower House. De Leon told reporters on the sidelines of the post-State of the Nation...
Government infrastructure spending shrank by almost 43 percent in the first five months of the year, as tightened governance protocols and stricter validation procedures delayed capital disbursements across major public works projects. According to the latest national government disbursement report...
Malacañang disclosed that the P22.7-billion savings of the government will be used to fund programs for vulnerable sectors affected by the Middle East conflict. According to the Department of Budget and Management (DBM), the government has P22.79 billion in savings, Palace Press Officer and...
Government agencies’ spending efficiency weakened in the first half of 2026, with slower utilization of cash allocations leaving ₱84.3 billion in unused cash authority, largely due to lower fund utilization by the education and public works sectors. The latest Department of Budget and...
Slow budget rollouts in agriculture and education dragged down government spending in the first half of the year, offsetting the aggressive catch-up in infrastructure projects and further decelerating the Marcos administration’s fiscal disbursement pace. According to data from the Department of...
President Marcos ordered government agencies to only include projects that can be implemented quickly in next year 's national budget. Executive Secretary Ralph Recto reiterated Marcos ' directive as the Cabinet continues to evaluate the proposed 2027 national budget. Marcos, according to...
Former Budget secretary Amenah Pangandaman was tapped by President Marcos to be the chairperson and chief executive officer (CEO) of the Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP) as he believes that she can perform the job well. This was what Palace Press Officer and...
The Marcos administration will deploy ₱12.3 billion using surpluses and fresh budget allocations to settle multi-year financial arrears owed to state universities and colleges, according to a government joint administrative order. The national government plans to tap ₱7.8 billion in...
Qualified government employees are expected to receive their Fiscal Year (FY) 2024 performance-based bonus (PBB) earlier than usual this year, Malacañang said. Palace Press Officer and Communications Undersecretary Claire Castro said the government is moving to expedite the processing and release...
Amid recent calamities that have battered the Philippines, the government’s calamity fund shed ₱1.7 billion in June, all of which was allocated to the Department of Social Welfare and Development (DSWD). As of June 30, 2026, the National Disaster Risk Reduction and Management Fund (NDRRMF)...
The Marcos administration is proposing a record ₱7.2 trillion national budget for fiscal year 2027, an increase of six percent over the current year, as the government seeks to counteract an economic slowdown triggered by geopolitical conflict and domestic spending scandals. According to National...
No matter how complex government budget is, it must be made accessible and understandable for every Filipino, President Marcos said. The President made the remark on Friday, June 26, during the launch of the Centralized Open Monitoring Platform for Appropriations and Spending Statistics (COMPASS),...
