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...
Malacañang has announced the release of P3 billion worth of fuel subsidy to the Department of Transportation (DOTr) and the Department of Agriculture (DA) intended for public utility vehicle (PUV) drivers, farmers, and fisherfolks to cushion the impact of the consecutive oil price hikes. (Alvin...
Senator Christopher Lawrence “Bong” Go on Friday, March 11 said he supports proposals for a temporary moratorium on the collection of excise taxes on oil products to help Filipinos cope with the economic shocks as the Russia-Ukraine conflict drives up oil prices across the globe. Go emphasized...
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...
Tricycle drivers must not get left behind again on the matter of fuel subsidy. This was the main takeaway from PASAHERO Party-list's appeal over the weekend even as government agencies continue to flesh out the guidelines on fuel subsidies for public utility vehicle (PUV) drivers. (File photo/...
A House leader has called out the Department of Budget and Management (DBM) on the matter of fuel subsidies for both transportation and agriculture sectorsmore specifically, the lack of it. (File photo/ MANILA BULLETIN) “At times of crisis, those in government are expected to act with reasonable...
TACLOBAN CITY - After Supertyphoon "Odette" wrought havoc in Maasin City last Dec.16, 2021, the City Government has sought the assistance of the Department of Budget and Management (DBM) to rebuild its public infrastructure. (FILE PHOTO / MANILA BULLETIN) Mayor Nacional Mercado, in a forum with the...
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...
Las Pinas City Mayor Imelda Aguilar thanked the Department of Interior and Local Government (DILG) and the Department of Budget and Management for awarding the city with Seal of Good Financial Housekeeping (SGFH) for eight consecutive years -- from 2014 to 2021. Aguilar said the DILG recognized the...
