Economic managers vowed to ramp up their efforts and reaffirm their commitment to improved performance, even prompting President Marcos’ chief economic manager to also recalibrate the Department of Finance (DOF). This came after President Ferdinand Marcos Jr. decided to retain them, along with...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. expects President Ferdinand Marcos Jr. to reject the resignations of the economic team, arguing that the President’s dissatisfaction was not directed at the team, which he says operates very professionally. This came after the...
Budget Secretary Amenah F. Pangandaman has approved the creation of 10,000 non-teaching positions to strengthen the education workforce and support the growing operational needs of public schools across the country. Pangandaman confirmed in a statement released Thursday, May 22, that the agency...
As government agencies aggressively push for numerous projects and programs, the Department of Budget and Management (DBM) reported on Monday, May 19, that budget proposals for next year have ballooned to ₱11 trillion, surpassing this year’s ₱9.2 trillion worth of funding requests. Many...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the creation of 16,000 new teaching positions in public schools for 2025 to 2026, with a total budget of ₱4.2 billion, to strengthen the education sector and ensure sufficient manpower. The 16,000 new teaching...
President Marcos has ordered the release of P2,000 across the board increase on the compensation of teachers and other poll workers serving in the May 12 national elections. Employees of the Quezon City Treasurer’s Office unload dozens of boxes of Official Ballots for the 2025 National and Local...
While the Philippine economy’s growth missed the lower end of the government’s six to eight percent target, the Department of Budget and Management (DBM) said the growth across major sectors further fuels the agency’s confidence in achieving the full-year growth goal. “The fact that all...
The Department of Budget and Management (DBM) has entered a partnership with the European Union (EU) and United Nations Children’s Fund (UNICEF) to launch a $6-million public finance facility over three years. In a joint statement released on Wednesday, April 30, the DBM said the program...
With the government e-marketplace posting over ₱80 million in sales in the first three months of 2025, the Department of Budget and Management (DBM) expects this to quadruple by the end of the year as more merchants are eyed to enter the platform. According to Genmaries Entredicho-Caong, DBM...
The National Economic and Development Authority (NEDA) and the Department of Budget and Management (DBM) have revamped the National Evaluation Policy Framework (NEPF), introducing stronger oversight and stricter standards for ethical and transparent evaluation of government programs. On...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the issuance of a special allotment release order (SARO) amounting to over ₱16.9 billion to cover the funding requirements for increasing the subsistence allowance (SA) of military personnel. Pangandaman said...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman was honored as the “Outstanding Filipina in the Field of Public Service” at the Gawad Pilipino Awards Night on March 16 at Camp General Emilio Aguinaldo, Quezon City. This year’s Gawad Pilipino Awards, held in...
