The House of Representatives expects to conclude on Wednesday night, Sept 28 the plenary debates on the 2023 General Appropriations Bill (GAB) worth P5.268 trillion, after which they will immediately approve the measure on second and third reading. The House plenary (PPAB) "Tomorrow, we are...
The power of the purse belongs to the House of Representatives, and for this reason the lower chamber has embarked on a mission to pass the P5.268-trillion proposed national budget for 2023 on or before Oct. 1 this year. The House plenary (Ellson A. Quismorio/ MANILA BULLETIN) The House members...
President Marcos’ economic managers were pursuing more foreign investments from the US, trumpeting the country's sound macroeconomic fundamentals, the government’s clear roadmap for economic recovery, and sustainable growth. At the first Philippine Economic Briefing (PEB) in North America late...
Virus-related research in the country would receive fresh funding next year in line with the government’s effort to ensure the health and safety of Filipinos, the Department of Budget and Management (DBM). Budget Secretary Amenah F. Pangandaman said the Marcos administration earmarked P419.3...
The Department of Budget and Management (DBM) has tapped the Department of Interior and Local Government (DILG) and the National Bureau of Investigation (NBI) to break up fraudulent solicitation schemes. In a statement, Budget Secretary Amenah F. Pangandaman said on Wednesday, Sept. 21, that the...
Economic managers expressed gratitude to Congress for supporting the Marcos administration's medium-term fiscal blueprint that aims to steer the economy back to its high-growth trajectory. Finance Secretary Benjamin E. Diokno and Budget Secretary Amenah F. Pangandaman said on Tuesday, Sept. 20,...
The House of Representatives has begun the period of sponsorship and debates on the 2023 General Appropriations Bill (GAB). Ako Bicol Party-list Rep. Zaldy Co (Screenshot from Facebook live) Ako Bicol Party-list Rep. Zaldy Co, chairman of the House Committee on Appropriations, delivered his...
The Department of Budget and Management (DBM) said it has earmarked P11 billion for the Rice Competitiveness Enhancement Fund (RCEF) as well as assistance to farmers and fisherfolks next year. In a statement, Budget Secretary Amenah F. Pangandaman said the government plans to spend P10 billion for...
The Marcos administration has allotted P12.5 billion for the transformation and digitalization of government processes and transactions next year, the Department of Budget and Management (DBM) said. During the Development Budget Coordination Committee Briefing at the Senate on Wednesday Sept. 14,...
The Department of Budget and Management (DBM) wants to strengthen the autonomy of local government units (LGUs) in delivering essential services to the public through higher funding allocation. During the Development Budget Coordination Committee (DBCC) Senate briefing on Wednesday, Sept. 14,...
The Senate Committee on Finance has started discussions on the proposed P5.268-trillion national budget on Wednesday, September 14. Finance Secretary Benjamin Diokno told the Senate finance panel, chaired by Sen. Sonny Angara, that the Marcos administration is committed to pursue a “robust...
The Department of Budget and Management (DBM) on Tuesday, Sept. 12, said it will help bankroll various programs of the Department of Energy (DOE) next year. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM earmarked P2.2 billion for the DOE in 2023 in line with the government’s...
