President Marcos’ newly appointed budget chief vowed a sweeping crackdown on fiscal leaks and corruption during his first official address on Wednesday, May 20, drawing a hard line against the repeat of recent infrastructure funding controversies that have plagued public infrastructure spending....
President Marcos has appointed Department of Budget and Management (DBM) Undersecretary Kim Robert de Leon as the country’s new Budget Secretary, making him the youngest person to head the agency. Presidential Communications Office (PCO) Undersecretary Claire Castro announced De Leon’s...
The Marcos administration’s infrastructure spending plunged by more than two-fifths in the first quarter, dealing a significant blow to state-led economic momentum as agencies tightened oversight following the high-profile corruption scandal. According to the latest national government...
More than a decade after the World Bank approved financing for the Cebu Bus Rapid Transit (BRT) Project, the flagship urban transport initiative remains far from achieving its original objectives, with only a short section of the corridor substantially completed before the loan expires in...
More than 1.9 million government employees, including military and uniformed personnel, will receive their mid-year bonuses starting Friday, May 15, after the Department of Budget and Management (DBM) began releasing the ₱73.5 billion allocated for the benefit. In a statement released on Friday,...
The government is ordering its agencies to surrender unspent funds from last year’s budget to bankroll a multi-sectoral relief package, as the Marcos administration scrambles to address the deepening energy crisis. Budget Secretary Rolando U. Toledo issued National Budget Circular No. 603-2026 on...
Government infrastructure spending shrank by nearly two-fifths to ₱88.7 billion in the first two months of the year as project completions and the rollout of the current budget slowed progress billing. According to the national government (NG) disbursement report by the Department of Budget and...
The national government has ordered state agencies to implement sweeping austerity measures, including a 20 percent cut in operational costs and the suspension of major infrastructure projects, to shore up funding as a deepening Middle East conflict threatens the nation’s energy security. Budget...
Government agencies reported a dip in spending efficiency as of end-March, although they continued to utilize the vast majority of their cash allocations compared to the same period in 2025. The latest data from the Department of Budget and Management (DBM) showed that the overall utilization rate...
Amid a national energy emergency, government response to the oil crisis is expected to accelerate spending in the first half of the year, reversing a slump in infrastructure expenditures last year in the aftermath of the flood-control corruption scandal. According to the Department of Budget and...
Government agencies accelerated their spending efficiency in the first two months of the year, burning through cash allocations at a faster clip than in 2025 despite slight contraction in total fund releases. Data from the Department of Budget and Management (DBM), published on Monday, April 6,...
The Department of Budget and Management (DBM) has released over ₱60 billion for the nation’s infrastructure program, particularly to fast-track transport systems. The DBM has released ₱16.5 billion to the Department of Public Works and Highways (DPWH) to settle due and demandable accounts...
