Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has highlighted last year’s budget deficit, which narrowed more than the agency had expected, reflecting improved fiscal management and revenue performance. “This is the lowest rate recorded since the pandemic started in...
Following the lower-than-expected expansion in 2024, the Marcos administration's economic managers are considering the possibility of adjusting this year's growth target. Speaking to reporters on the sidelines of Makati Business Club's (MBC) general membership meeting, Budget Secretary Amenah M....
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved guidelines for the pilot implementation of the government’s e-marketplace, aimed at efficient purchasing at the digital platform. Pangandaman, who also chairs the Government Procurement Policy Board (GPPB),...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the issuance of a Special Allotment Release Order (SARO) amounting to P1 billion for this year’s compensation to Marawi siege victims. “This allocation provides monetary compensation for 574...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the creation of a total of 175 faculty plantilla positions for the Mindanao State University (MSU) System. “Of the 175 new faculty positions, 75 are for Instructor I positions which will augment the need...
To support the Department of Agriculture's (DA) rice program, the Department of Budget and Management (DBM) released funding for the Rice Competitiveness Enhancement Program (RCEP) for the first quarter of this year. Budget Secretary Mina F. Pangandaman approved on Tuesday, Feb. 13, the P455.59...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Today, Aug. 9, 2023, we join our indigenous brothers and sisters in marking two significant occasions: the International Day of the World’s Indigenous Peoples and the National Indigenous Peoples Day. With the theme, “Indigenous youth...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Schools teach us the importance of understanding the five Ms of Management of an enterprise or organization — money, machine, material, method, and manpower. Of these five, I believe that manpower is the most vital resource of all. For...
BEYOND BUDGET *Assalamu alaikum wa Rahmatullahi wa Barakatuh.* Last Monday, President Ferdinand R. Marcos Jr. delivered his second State of the Nation Address, reflecting on his administration’s first year in office which focused on socioeconomic transformation, laying the groundwork for a...
BEYOND BUDGET *Assalamu alaikum wa Rahmatullahi wa Barakatuh.* Time flies, indeed. For us, in the administration of President Ferdinand R. Marcos Jr., it has flown rather swiftly. In 2022, the President unveiled his eight-point socioeconomic agenda, the Philippine Development Plan 2023-2028, and...
BEYOND BUDGET * * *Assalamu alaikum wa Rahmatullahi wa Barakatuh.* These past few weeks have been hectic. Aside from doing the usual office tasks, such as attending meetings and budget preparation activities, I was invited to grace, as guest of honor and keynote speaker, three graduation...
BEYOND BUDGET * * *Assalamu alaikum wa Rahmatullahi wa Barakatuh.* I always get a sense of nostalgia whenever I visit the charming coastal town of Baler in the province of Aurora. Fond memories fill my mind, especially when with the people who have shaped my life and work now. Many people think of...
