The Department of Budget and Management (DBM) has released the sickness and death benefits to public and private healthcare workers (HCWs) who are involved in Covid-19 response this year. In a statement, the budget department said on Sunday, May 15, that it released P1.081 billion to the Department...
Infrastructure spending accelerated last year, but it was mainly driven by low base effect of the Covid-19 pandemic in 2020, the Department of Budget and Management (DBM) reported. Public spending on infrastructure and other capital outlays rose 31 percent to P895.1 billion in 2021 from P681.5...
The Department of Budget and Management (DBM) has released P3 billion to fund the government’s fuel subsidies for the public utility vehicle (PUV) and the agriculture sector. DBM Officer-in-Charge Undersecretary Tina Rose Marie L. Canda said on Thursday, March 10, that they released P2.5 billion...
DBM releases P7.9-B for HCW allowances By Chino S. Leyco The Department of Budget and Management (DBM) has released nearly P8 billion to the new compensation system that replaced the special risk allowances given to healthcare workers (HCWs) In a statement, the DBM said on Thursday, Feb. 17, that...
The Department of Budget and Management (DBM) announced that the national government has released another tranche of Special Risk Allowance (SRA) for public and private healthcare workers (HCWs). In a statement, the budget department said on Friday, Jan. 21, that an additional funding amounting to...
The Department of Budget and Management (DBM) has released additional funds to local government units (LGUs) and frontline agencies to aid their operations in addressing the damages caused by Typhoon Odette. In a statement, the DBM said it has disbursed P1.83 billion in funding, bringing the...
The Department of Budget and Management (DBM) has released an initial P1 billion to assist affected local government units (LGUs) in six regions placed under a State of Calamity due to Typhoon Odette. In a statement, the budget department said the funding aims to address the adverse effects and...
The Department of Budget and Management (DBM) released additional funds for the special risk allowance (SRA) of public and private healthcare workers battling the pandemic. In a statement, the budget department said on Wednesday, Sept. 29, that P451.31 million in additional SRA was released for...
As new coronavirus variants continue to emerge, President Duterte’s economic team believes that the COVID-19 illness may become a persistent infection that Filipinos should learn how to live with. Finance Secretary Carlos G. Dominguez The economic managers, composed of heads of the Department of...
The Department of Budget and Management (DBM) has released additional funds to provide the delayed special risk allowance (SRA) for medical frontliners battling the pandemic. COVID-19 vaccine In a statement, the budget department announced late Friday, Sept. 3, that an additional P888.12 million in...
The national government plans to spend more than P1 trillion to settle some of its liabilities next year, but at the same time borrow over P2 trillion, data from the Department of Budget and Management (DBM) revealed. Under the proposed budget plan for 2022 submitted to Congress, the national...
The Department of Budget and Management (DBM) said the government will continue to invest heavily in infrastructure projects next year, but at the same time provide essential funding support to foster socioeconomic recovery. In a statement, the DBM said Monday, August 23, that the national...