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...
The Department of Budget and Management (DBM) said the government has P500 million remaining to allocate for additional fuel subsidies in the transport sector. Budget Secretary Amenah F. Pangandaman said the Marcos administration is committed to address the escalating commodity prices, despite...
National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said the country is exploring the integration of digital technologies and green processes for sustainability. Balisacan said that a green and digital transition is vital for the country’s sustainable growth. "Going...
The Department of Finance (DOF) has highlighted the significant contribution of real estate investment trusts (REITs) to the country's economic recovery and infrastructure modernization. Finance Secretary Benjamin E. Diokno said that REIT investments are playing a vital role in fueling property...
The Department of Budget and Management (DBM) aims to boost public service through increasing the proposed budget for digitalization funding. To embrace digitalization in government agencies, Budget Secretary Amenah F. Pangandaman said that digital initiatives will be allocated P38.75 billion in...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. I had the honor of leading the Philippine delegation as chairman of the Philippine Open Government Partnership (PH-OGP) to the OGP Global Summit in Tallin, Estonia last Sept. 5 to 8. This was the first in-person OGP Global Summit since...
Set to start in select schools next week, the Department of Education (DepEd) said the pilot implementation of the revised Kinder to Grade 10 (K to 10) curriculum or the MATATAG Curriculum will focus on training of teachers and preparing the resources before the phased implementation begins next...
The Department of Budget and Management (DBM) said that local government units (LGUs) will receive additional national tax allotments (NTA) next year to boost economic growth nationwide. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM has allocated P871.3 billion for NTA in the...
The Department of Finance (DOF) slammed the proposed removal of fuel taxes, labeling it as an ill-advised and populist measure that would disproportionately burden the poor. Finance Secretary Benjamin E. Diokno cautioned against the politicians' popular yet detrimental plan to remove value-added...
The Department of Finance (DOF) reported that the Marcos administration's overseas roadshows have led to investment pledges exceeding P2 trillion. In a statement, the DOF said the government has secured a total of P2.2 trillion in investment commitments from various countries following the...
The Philippines drew praises for being a model of open government at the Open Government Partnership (OGP) Global Summit held in Tallin, Estonia last Sept. 6. Partners in Open Government. Open Government Partnership (OGP) CEO Sanjay Pradhan meets with Philippine OGP (PH-OGP) Chairman Amenah...
The Department of Finance (DOF) has assured that the Marcos administration will carefully balance the interests of consumers and farmers on the proposed reduction in rice import tariffs. Finance Secretary Benjamin E. Diokno said discussions are currently underway at the highest level within the...