Department of Migrant Workers (DMW) Secretary Susan Ople has expressed optimism of the immediate approval of their proposed P15.2 billion budget for 2023. Ople said the budget would formally constitute the department as a full-fledged cabinet office as it would allow the provision of effective and...
The Marcos government’s P5.268-trillion national budget for 2023 is very much aligned to the administration’s Medium-Term Fiscal Framework (MTFF), which would serve as the country’s blueprint to full economic recovery, Senate Finance Committee chief Senator Sonny Angara said on Tuesday,...
The Marcos administration is planning to spend over P200 billion next year to mitigate the impact of skyrocketing consumer prices on the most vulnerable sectors, the Department of Budget and Management (DBM) said. In a statement on Monday, Nov. 7, Budget Secretary Amenah F. Pangandaman said they...
Senior Deputy Majority Leader and Ilocos Norte 1st district Rep. Sandro Marcos has vowed to fight for the earmarking of funds for the construction of a local viaduct in the proposed 2023 national budget. Ilocos Norte 1st district Rep. Sandro Marcos (PPAB) In a press briefing in his district office...
The House of Representatives will ratify the proposed P5.268-trillion 2023 national budget and approve, on third reading, around 16 to 18 priority measures of the Legislative-Executive Development Advisory Council (LEDAC) before Congress goes on Christmas break on Dec. 17, according to House...
Senator Francis Tolentino said he supports calls that seek to make the proposed P5.268-trillion national budget for 2023 be more flexible and responsive to future natural and man-made disasters. Tolentino pitched for an adaptive and receptive 2023 national budget following the onslaught of Severe...
The Department of Budget and Management (DBM) said government agencies can tap the remaining P6.8 billion calamity fund following the onslaught of Severe Tropical Storm Paeng. On Thursday, Nov. 3, the DBM said the national government still has P6.8 billion left under its National Disaster Risk...
The Philippines is far from falling into a recession anytime soon, the Department of Budget and Management (DBM) said. In a statement on Friday, Oct. 28, Budget Secretary Amenah F. Pangandaman allayed recession fears, noting this scenario may not be imminent in the country. “I think we're far...
The Department of Budget and Management (DBM) has vowed support to environmental protection to achieve the country’s economic sustainability. During the opening ceremony of the National Marine Pollution Exercise (MARPOLEX) 2022 on Wednesday, Oct. 26, Budget Secretary Amenah F. Pangandaman...
The Department of Budget and Management (DBM), along with the Government Procurement Policy Board (GPPB), in partnership with the United Nations Office on Drugs and Crime, will pilot test use of the revised procurement reports. In a statement, Budget Secretary Amenah F. Pangandaman said the pilot...
State-run National Power Corp. (NPC) may tap its subsidy allotments from the national government to fund its operation requirements next year, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said Friday, Oct. 21, that the subsidy portion in the corporate...
The Department of Budget and Management (DBM) has increased its funding allotment for the land tenure security program (LTSP) of the Department of Agrarian Reform (DAR) for next year. In a statement on Thursday, Oct. 20, Budget Secretary Amenah F. Pangandaman said the government’s proposed LTSP...
