2023 budget to address immediate concerns—DBM By Chino S. Leyco The spending priorities of the Marcos administration’s first national budget for the new year, amounting to P5.268 trillion, is the starting point of the eight-point socioeconomic agenda in the near term. This aims to address the...
In a government agency or a local government unit (LGU), there are workers who are under a contract of service (COS) or a job order (JO) scheme. Though they are not classified as “regular” workers, their services are vital and needed to ensure that the government’s programs, projects, and...
The Department of Budget and Management (DBM) said it will use the technology to transform the government’s procurement policies and processes to boost public trust on their government. Budget Secretary Amenah F. Pangandaman said the procurement policies and processes of the government need to...
The outdated representation and transportation allowance (RATA) and per diem rates of local government unit (LGUs) officials need to be revised. Albay 2nd district Rep. Joey Salceda (Facebook) Thus, said Albay 2nd district Rep. Joey Salceda, who directed the request to the Department of Budget and...
The administration of President Ferdinand "Bongbong" Marcos Jr.'s efforts to increase its budget on agriculture, infrastructure and healthcare, among others, will benefit the people. In its report to Malacañang, the Department of Budget and Management cited the President's significant allocation...
The Public Financial Management Committee (PFMC) has made significant strides toward achieving the Marcos administration’s socioeconomic goals of bureaucratic efficiency and sound fiscal management. During the recent PFMC meeting, Budget Secretary Amenah F. Pangandaman reiterated their continued...
The Department of Budget and Management (DBM) said President Marcos has approved the release of a one-time Service Recognition Incentive (SRI) to qualified government workers ahead of the holiday celebrations. In a statement, Budget Secretary Amenah F. Pangandaman said on Monday, Dec. 19, that the...
The powerful House Committee on Appropriations, which handles and approves the country’s national budget, has approved the budget provisions of the substitute bill, subject to amendments, that would create a National Citizens Service Training Program (NCST) in all public and private tertiary...
The Department of Budget and Management (DBM) approved the release of funding for the Marawi City General Hospital (MCGH). In a statement, Budget Secretary Amenah F. Pangandaman said on Monday, Dec. 12, that DBM released P44.38 million to cover the funding requirements to develop and equip MCGH....
Loans granted by the Small Business Corporation's (SBCorp) to pandemic-affected micro, small, and medium enterprises (MSMEs) as of Dec. 2 this year reached P8.2 billion, exceeding the P8.08 billion transferred or downloaded to it by the Department of Budget and Management (DBM) based on Bayanihan 2...
The Department of Budget and Management (DBM) signed an agreement with three authorized government servicing banks for the implementation of the online release of notice of cash allocation (NCA). In a statement, Budget Secretary Amenah F. Pangandaman said the DBM signed the memorandum of agreement...
The Philippines has maintained its lead in Southeast Asia in the public participation indicator of the 2021 Open Budget Survey (OBS) conducted by the International Budget Partnership. Based on the results of the survey, the Philippines scored 35 points out of 100 in terms of the formal...
