The Department of Budget and Management (DBM) has defended as justifiable the three consecutive years that the Marcos administration spent beyond its annual budget, as it claimed additional spending was covered by loans or excess revenue, not by increasing the fiscal deficit. DBM Secretary Amenah...
First Lady Liza Araneta-Marcos witnessed the signing of treaties on extradition, legal assistance, and transfer of persons between the Philippines and the United Arab Emirates (UAE) on Wednesday, Feb. 12. Photos from DOJ and DBM Facebook pages This developed on the sidelines of the 2025 World...
BEYOND BUDGET (Part I) Assalamu alaikum wa Rahmatullahi wa Barakatuh. I feel an overwhelming sense of pride after our country successfully hosted the Open Government Partnership (OGP) Asia and the Pacific Regional Meeting — a first for our nation — which took place in Bonifacio Global City,...
Department of Budget and Management (DBM) Secretary Amenah Pangandaman emphasized her commitment to making the country’s budget process more transparent amid calls from civil society and business groups. In a press conference on Thursday, Feb. 6, Pangandaman recalled that the DBM launched last...
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....
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. It’s the budget season once more. For those unfamiliar with the national budgeting process, this involves four distinct yet overlapping phases: budget preparation, budget legislation, budget execution, and budget...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last Dec. 30, 2024, President Ferdinand R. Marcos Jr. (PBBM) signed the Fiscal Year (FY) 2025 General Appropriations Act (GAA) but at the same time, used his Constitutional power to veto line items not aligned with our Medium-Term Fiscal...
BEYOND BUDGET Assalamu alaikum wa Raḥmatullahi wa Barakatuh. The 2024 Metro Manila Film Festival (MMFF) was undeniably historic, marking its 50th year as a cornerstone of Philippine cinema. This milestone wasn’t just a celebration of the past but also a bold step forward, showcasing the...
The Philippines’ hosting of the upcoming Open Government Partnership (OGP) Asia and the Pacific Regional Meeting (APRM) serves as a strong demonstration of the country’s commitment to transparency and accountability. Department of Budget and Management (DBM) Amenah Pangandaman issued this...
President Marcos has ordered the Department of Budget and Management (DBM) to reinstate the P400-million branding budget for the Department of Tourism (DOT). Preisdent Ferdinand 'Bongbong' Marcos Jr. meets with Tourism Secretary Esperanza Christina Garcia Frasco and other Cabinet members in a...
BEYOND BUDGET Assalamu alaikum wa Raḥmatullahi wa Barakatuh. Today marks a milestone in our country’s journey toward more transparent, accountable, and inclusive governance, as we hold the media launch for the Open Government Partnership Asia and the Pacific Regional Meeting (OGP APRM). To be...
The Department of Budget and Management (DBM) should prove the necessity of passing the bill seeking to rightsize government by presenting the data lawmakers have been asking to justify the measure. Sen. Sherwin Gatchalian said that while he sees the “benefit and wisdom” of the proposed...
