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...
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 domestic garment and textile industry has urged government to support companies that repurposed towards producing medical grade personal protective equipment (PPEs) , stockpiling of PPEs, and stop the importation of substandard PPEs, to help jobs recovery in the industry. Nurses in PPEs The...
DOH The Department of Health (DOH) said it is set to discuss, together with other concerned agencies, the funding of the special risk allowance (SRA) of medical workers for this year. DOH Secretary Francisco Duque III said that he is set to meet the officials of Department of Budget and Management...
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...
Presidential candidate Senator Christopher “Bong” Go on Friday, Nov. 5 urged President Duterte to give the Department of Budget and Management (DBM) authority to release excise tax proceeds on locally manufactured Virginia-type cigarettes for fiscal years 2018 and 2019 to local government units...
