A lingering disconnect between the Department of Budget and Management (DBM) and the National Power Corporation (Napocor) over the latter’s 2023 budget allocation could lead to very unsavory consequences for Filipinos. (Amie Johnson/ Unsplash) Senior Deputy Minority Leader and Northern Samar 1st...
The Senate has approved the proposed budget for next year of the Department of Budget and Management (DBM), the Department of Finance (DOF), the National Economic and Development Authority (NEDA), and the Legislative-Executive Development Advisory Council (LEDAC). The proposed budget of the DBM for...
The national government would have to cough up between P92 billion and P230 billion annually if and when Congress institutionalizes a proposal to provide all senior citizens in the Philippines a universal social pension. (Danie Franco/ Unsplash) There are seven such measures pending before House...
The Marcos administration is planning to spend over P200 billion next year to mitigate the impact of skyrocketing consumer prices on the most vulnerable sectors, the Department of Budget and Management (DBM) said. In a statement on Monday, Nov. 7, Budget Secretary Amenah F. Pangandaman said they...
The Department of Budget and Management (DBM) said government agencies can tap the remaining P6.8 billion calamity fund following the onslaught of Severe Tropical Storm Paeng. On Thursday, Nov. 3, the DBM said the national government still has P6.8 billion left under its National Disaster Risk...
The Philippines is far from falling into a recession anytime soon, the Department of Budget and Management (DBM) said. In a statement on Friday, Oct. 28, Budget Secretary Amenah F. Pangandaman allayed recession fears, noting this scenario may not be imminent in the country. “I think we're far...
The Department of Budget and Management (DBM) has vowed support to environmental protection to achieve the country’s economic sustainability. During the opening ceremony of the National Marine Pollution Exercise (MARPOLEX) 2022 on Wednesday, Oct. 26, Budget Secretary Amenah F. Pangandaman...
The Department of Budget and Management (DBM), along with the Government Procurement Policy Board (GPPB), in partnership with the United Nations Office on Drugs and Crime, will pilot test use of the revised procurement reports. In a statement, Budget Secretary Amenah F. Pangandaman said the pilot...
State-run National Power Corp. (NPC) may tap its subsidy allotments from the national government to fund its operation requirements next year, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said Friday, Oct. 21, that the subsidy portion in the corporate...
The Department of Budget and Management (DBM) has increased its funding allotment for the land tenure security program (LTSP) of the Department of Agrarian Reform (DAR) for next year. In a statement on Thursday, Oct. 20, Budget Secretary Amenah F. Pangandaman said the government’s proposed LTSP...
The Department of Budget and Management (DBM) wants to bring back the “good name” of its procurement service unit, which has been repeatedly embroiled in fund controversies. Budget Secretary Amenah F. Pangandaman said her administration would work in fostering hard work, integrity, and service...
Marikina 2nd district Rep. Stella Quimbo is out to source additional funding for the local footwear, leather goods, and tannery industry saying that additional funds be sourced from a portion of the taxes collected from importing footwear products. A shoe factory in Marikina City doubles its...
