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...
The Department of Budget and Management (DBM) has tapped its unprogrammed appropriation to fund the one-month requirement of a government aid to the poorest households in the country. Budget Secretary Amenah F. Pangandaman said the department approved the release of the Special Allotment Release...
The Department of Budget and Management (DBM) has approved the release of funding for the protein-enriched copra meal (PECM) commercialization project of the Department of Agriculture. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM will release P69.7 million to support the PECM...
The Department of Budget and Management (DBM) has laid out several important strategic priorities to address existing gaps on open and inclusive governance. At the Pilipinas Conference 2022 on Monday, Nov. 21, Budget Secretary Amenah F. Pangandaman, said the government needs to leverage digital...
Government workers will receive their year-end and cash gift bonus beginning Tuesday, Nov. 15. In a statement, Budget Secretary Amenah F. Pangandaman said the national government earmarked P65.35 billion to cover the year-end and cash gift bonus of state personnel. Of that amount, P56.73 billion is...
The Senate has approved the proposed P32.4 billion 2023 budget of the Department of Finance (DOF) and Department of Budget and Management (DBM) along with their attached agencies and state-owned companies. Senator Juan Edgardo M. Angara, chair of the Senate Finance Committee, sponsored and defended...
The Department of Budget and Management (DBM) approved the release of P335.81 million as Bangsamoro Autonomous Region in Muslim Mindanao’s (BARMM) share in taxes. Budget Secretary Amenah F. Pangandaman said on Thursday, Nov. 10, said that BARMM gets P335.81 million share from the taxes and other...
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...
