After the devastating earthquake in Cebu, Department of Budget and Management (DBM) Secretary Amenah Pangandaman urged national agencies to immediately activate their quick response funds (QRF), with the source fund now standing at ₱8 billion. This follows President Ferdinand Marcos Jr.’s order...
President Marcos has directed the Department of Budget and Management (DBM) to release P100 million in local government support fund (LGSF) to typhoon-stricken Masbate for the province 's rehabilitation. Marcos announced this before affected families in Masbate on Wednesday, Oct. 1....
Government agencies posted a 93.8-percent utilization rate of their cash allocations as of end-August, lower than last year’s 95 percent, with the Department of Information and Communications Technology (DICT) and the Department of Energy (DOE) still falling behind. Latest data from the...
More than 100 State Universities and Colleges (SUCs) in the provinces are expected to benefit from the commitment of President Ferdinand R. Marcos Jr. to bolster funding for the education sector. Department of Budget and Management Secretary Amenah Pangandaman said on Monday, Sept. 29, she will...
Budget Secretary Amenah F. Pangandaman has approved the release of ₱1.64 billion to cover the fiscal year (FY) 2023 performance-based bonuses (PBB) of over 110,600 personnel of the Armed Forces of the Philippines–Philippine Army (AFP-PA). “This release highlights our commitment to recognize...
The Department of Budget and Management (BDM) has clarified that the government’s unprogrammed appropriations (UA) are not a discretionary “pork barrel” or a “magic fund.”
In a statement, Budget Undersecretary Goddes Hope Libiran said the UA funds are a congressionally authorized...
Following the presidential directive to crack down on contractors involved in anomalous flood control projects, the Department of Budget and Management (DBM) is canceling the Philippine Government Electronic Procurement System (PhilGEPS) membership of these firms to bar them from future government...
Office of the Vice President (OVP) spokesperson Ruth Castelo expressed hopes that Congress will give Vice President Sara Duterte the courtesy of approving the budget without needing to defend it before lawmakers. The Vice President is scheduled to return to the Philippines from The Hague,...
Budget Secretary Amenah Pangandaman said the budget for the Department of Public Works and Highways (DPWH) could be reduced if it determines that some of the agency’s proposed projects will no longer be needed, as a two-week timeline has been set to revisit the DPWH budget following President...
Senator Erwin Tulfo on Tuesday called on the Department of Budget and Management (DBM) to be proactive in flagging questionable items in the National Expenditures Program (NEP) to ensure that there were no insertions from politicians. “Lahat po naman kayo dito sa Executive, well wala pa nung...
The Department of Budget and Management (DBM) was warned on Monday, September 1 not to become an “accessory” again by prioritizing flood control projects of the Department of Public Works and Highways (DPWH) over the country’s education sector in the P6.79 trillion national budget for 2026. ...
Association of Southeast Asian Nations (ASEAN)+3 policymakers, including the Philippines, are urged to balance near-term spending with long-term fiscal discipline as shrinking fiscal space and rising debt costs stress the need for consolidation to meet climate- and aging-related demands, according...
