The Department of Budget and Management (DBM) said Monday, August 1, that it has approved the release of subsidy to rice farmers affected by the Rice Tariffication Law (RTL). In a statement, Budget Secretary Amenah F. Pangandaman said the Notice of Cash Allocation (NCA) amounting to P8.05 billion...
The Department of Budget and Management (DBM) said the national government has available fund for relief operations in the earthquake-affected areas in Northern Luzon. Budget Secretary Amenah F. Pangandaman said on Wednesday, July 27, that the National Disaster Risk Reduction and Management Program...
The Department of Budget and Management (DBM) said that the implementation of big-ticket infrastructure projects should remain under the national government despite the Mandanas ruling. Budget Secretary Amenah F. Pangadaman said in an interview with reporters that the national government is...
The Department of Budget and Management (DBM) vowed to pass on time President Ferdinand R. Marcos Jr.’s first full-year budget with the cooperation of Congress. At the Post-State of the Nation Address (SONA) Economic Briefing on Tuesday, July 26, Budget Secretary Amenah F. Pangandaman said the...
Public infrastructure spending increased in May this year driven by the ongoing two railway projects, the Department of Budget and Management (DBM) reported on Tuesday, July 19. Based on the DBM's May disbursement performance report, the government’s infrastructure and other capital outlays...
The Department of Budget and Management (DBM) has clarified that the government’s rightsizing plan would not automatically mean reduction in the number of personnel in government agencies. Budget Secretary Amenah F. Pangandaman said on Thursday, July 14, that compared to downsizing which...
Budget reform will remain the top priority of the Department of Budget and Management (DBM), newly designated Budget Secretary Amenah Pangandaman said. During the turn-over ceremony of the DBM baton of leadership from Officer-in-Charge (OIC) Tina Rose Marie Canda at the department headquarters in...
The Department of Budget and Management (DBM) on Monday, June 13, asked government agencies to revisit their budget proposals for next year. In a statement, DBM said the budget revaluation aims to ensure the efficient use of the government's limited resources and to provide additional fiscal space...
The next chief of the Department of Budget and Management (DBM) wants to revisit the first full-year budget that the incoming administration of Ferdinand R. Marcos Jr. will submit to Congress. Incoming Budget Secretary Amenah F. Pangandaman said that the DBM staff will reconvene to go over the...
House Ways and Means Committee chairman and Albay 2nd district Rep. Joey Salceda has vowed to push for the Budget Reform Act in the upcoming 19th Congress. Albay 2nd district Rep. Joey Salceda (Facebook) “I will refile the bill, hopefully with enhancements from the incoming finance and budget...
Bangko Sentral ng Pilipinas (BSP) Assistant Governor Amenah F. Pangandaman has accepted the invitation from President-elect Ferdinand R. Marcos Jr. to serve as the new administration’s Department of Budget and Management (DBM) secretary. In a statement on Monday, May 30, Pangandaman has pledged...
Presumptive President Ferdinand R. Marcos Jr. would get P5.086 trillion national budget for 2023, almost a reenactment of the 2022 national budget of P5.024 trillion. The inter-agency Development Budget Coordination Committee (DBCC) approved on Tuesday, May 24, the proposed appropriations next...