Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman warned against individuals posing as their officials who ask for money in exchange of project contract. In a statement, Pangandaman said that the public must remain wary when approached by persons who claim to be affiliated...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Today I join fellow Muslims from all over the world in celebrating Eid’l Fitr, the joyous “Festival of Breaking the Fast,” marking the end of Ramadan, or the Islamic month of fasting and self-discovery. For those unfamiliar...
In light of the ongoing El Niño phenomenon, the Department of Budget and Management (DBM) has provided P900 million to cover crop insurance premiums for farmers and fisherfolk in the country. Budget Secretary Mina F. Pangandaman announced on Sunday, April 7, that the funding has been released to...
About P50 billion was allotted for the government pension of four million indigent senior citizens throughout the country. The Department of Budget and Management (DBM) released a total of P49.807 billion to the Department of Social Welfare and Development (DSWD) to cover the senior citizens’...
Nearly P6 billion will be spent on the funding of 1,834 new classrooms in 216 schools across the country. The Department of Budget and Management (DBM) approved the release of a special allotment release order (SARO) of P5.830 billion for the joint request of the Department of Public Works and...
The Marcos administration has raised its budget deficit ceilings for the next five years to provide the necessary financial leeway to support the government's projects and programs. Based on the latest revenue and spending outlook from the Development Budget Coordination Committee (DBCC), the...
In response to global trade disruptions and geopolitical tensions, the Marcos administration has adjusted its economic growth targets, the Development Budget Coordination Committee (DBCC) announced. The DBCC, an inter-agency body responsible for setting the country's macroeconomic assumptions, has...
President Marcos is readying a national budget for 2025 that is expected to surpass the P6 trillion mark. The Development Budget Coordination Committee (DBCC) announced on Thursday, April 4, that the executive department's proposed national budget for the fiscal year 2025 is set at P6.200...
Digital travel platform Agoda unveils affordable accommodations in popular Asian tourist destinations. Planning on an affordable tropical getaway this April and May? In the Philippines, Iloilo tops the list for the most affordable destination. With its stunning beaches,...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. The month of March, which pays tribute to us, women, has ended. However, our battle for women's empowerment and inclusion remains. When I delivered the Philippine statement for the first Ministerial Round Table of the...
The Marcos administration’s budget deficit expanded by half in February due to higher public spending and the slower growth in non-tax revenues, data from the Bureau of the Treasury showed. The national government's fiscal gap amounted to P164.7 billion last month, up 55 percent compared to the...
Law enforcers arrested eight individuals who allegedly tried to swindle some P1 billion from a contractor of an infrastructure project, claiming themselves to be employees of the Department of Budget and Management (DBM). During an entrapment operation in Mandaluyong City on March 26, agents from...
