The Department of Budget and Management (DBM) said the government's one-time fuel assistance, aimed at helping public transport drivers and operators cope with skyrocketing gasoline and diesel prices, is expected to be released this week. Budget Secretary Amenah F. Pangandaman said the Department...
The Department of Budget and Management (DBM) said the national government will continue to support displaced, underemployed, and seasonal Filipino workers next year. Budget Secretary Amenah F. Pangandaman said the DBM has proposed P12.919 billion in funding for the Tulong Panghanapbuhay sa Ating...
The Department of Budget and Management (DBM) said the Advisory Body of the Maharlika Investment Corp. (MIC) will submit the names of nominees responsible for overseeing the country's sovereign wealth fund to Malacañang by mid-October. Budget Secretary Amenah F. Pangandaman told Manila Bulletin on...
The Department of Budget and Management (DBM) has approved a total of 5,000 non-teaching positions in public schools nationwide. These job posts were created to aid in lessening the administrative works of public school teachers, Budget Secretary Amenah F. Pangandaman said on Wednesday, Aug. 30....
BEYOND BUDGET * * *Assalamu alaikum wa Rahmatullahi wa Barakatuh.* These past few weeks have been hectic. Aside from doing the usual office tasks, such as attending meetings and budget preparation activities, I was invited to grace, as guest of honor and keynote speaker, three graduation...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman addresses local budget officers during the Budget Forum of the Association of Local Budget Officers (ALBO) in Region 3 held at the Bulacan State University e-Library Amphitheater on Monday, June 19, 2023. (Photo from the...
BEYOND BUDGET *Assalamu alaikum wa Rahmatullahi wa Barakatuh.* When I was given the honor to serve our country as budget secretary, I already knew my “why.” It was to make a positive difference and push for fiscal reforms through policies and action. Recently, I wrote about how an open...
Government spending is vital to national growth. It is one of the four components of Gross Domestic Product (GDP). The other three are consumer spending, business investment, and net exports. In the past two years, Statista reports that the ratio of government expenditure to GDP in the past three...
BEYOND BUDGET *Assalamu alaikum wa Rahmatullahi wa Barakatuh.* “A nation’s culture resides in the hearts and in the soul of its people.” — Mahatma Ghandi Each of us may be from different backgrounds and upbringings, but as Filipinos, we're tied together by a common history and environment,...
BEYOND BUDGET *Assalamu alaikum wa Rahmatullahi wa Barakatuh.* In my two decades as a public servant, I have come full circle to the budgeting process and public spending, and how they have a profound impact on the lives of the Filipino people. While I have always advocated for financial inclusion...
BEYOND BUDGET *Assalamu alaikum wa Rahmatullahi wa Barakatuh.* The great inventor Thomas Edison said: “The value of an idea lies in the using of it.” In a fast-paced world, one has to quickly discern opportunities—act on them—in order to make innovation happen. Agility and innovation are...
BEYOND BUDGET *As-salamu alaykum!* Philosopher-novelist Ayn Rand once said, “Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.” One thing the pandemic-induced health crisis and economic slowdown had magnified, is that survival depends on how...
