The International Monetary Fund (IMF), through its Fiscal Division, commended the Philippines for proactively improving its Public Financial Management (PFM) systems through digital transformation. During one of the sessions of the IMF-World Bank (WB) Annual Meeting in Marrakesh, Morocco, IMF...
In a significant step towards transforming the government, the Department of Budget and Management (DBM) joined forces with the Department of the Interior and Local Government (DILG) and the Philippine Information Agency (PIA) to launch OGPinas!. The national government was in full force supporting...
The Department of Budget and Management (DBM) has granted its approval for the disbursement of P1 billion as compensation to the victims of the 2017 Marawi siege. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM has approved the issuance of a Special Allotment Release Order...
The Department of Budget and Management (DBM) said the government will continue to provide career advancements and allowances to public school teachers next year. Budget Secretary Amenah F. Pangandaman said the DBM has proposed an allocation of P38.63 billion to support over 900,000 teachers in the...
The Department of Budget and Management (DBM) said it is determined to redouble its efforts in securing the passage of key structural reforms that are vital for maintaining the country's economic growth. Budget Secretary Amenah F. Pangandaman issued a statement on Wednesday, Oct. 4, expressing her...
The Department of Budget and Management (DBM) said the government will continue to prioritize the implementation of programs and policies aimed at advancing micro, small, and medium enterprises (MSMEs). Budget Secretary Amenah F. Pangandaman said the Department of Trade and Industry's (DTI) MSME...
The Department of Budget and Management (DBM) said that the country’s procurement law should be more attuned to the changing times, citing the need for amendments amid the digitalization era. The proposed amendments to the 20-year-old Government Procurement Reform Act (GPRA) have already been...
The Department of Budget and Management (DBM) said it is committed to provide support to local government units (LGUs) in their efforts to promote green open spaces and infrastructure projects that encourage active mobility. In a statement on Monday, Oct. 2, Budget Secretary Amenah F. Pangandaman...
The Department of Budget and Management will remain supportive of the State Universities and Colleges (SUCs) for their contribution in the competitive education sector of the country. In a statement on Friday, Sept. 29, Budget Secretary Amenah F. Pangandaman said that SUCs promote quality and...
The Department of Budget and Management (DBM) has ruled out the possibility of a reenacted budget for next year following the House of Representatives' swift approval of the 2024 general appropriations bill (GAB). In a statement on Thursday, Sept. 28, Budget Secretary Amenah F. Pangandaman lauded...
The Department of Budget and Management (DBM) signed a Special Allotment Release Order (SARO) of P705 million to cover safety measures in bike transportation. The budget, given to the Department of Transportation (DOTr), would help implement the Active Transport Bike Share System and Safe Pathways...
The Department of Budget and Management (DBM) has given the go-ahead for P12.26 billion to be used for constructing residential buildings for informal settlers and providing housing assistance to calamity victims. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM approved the...