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...
First Lady Liza Araneta-Marcos witnessed the signing of treaties on extradition, legal assistance, and transfer of persons between the Philippines and the United Arab Emirates (UAE) on Wednesday, Feb. 12. Photos from DOJ and DBM Facebook pages This developed on the sidelines of the 2025 World...
Department of Budget and Management (DBM) Secretary Amenah Pangandaman emphasized her commitment to making the country’s budget process more transparent amid calls from civil society and business groups. In a press conference on Thursday, Feb. 6, Pangandaman recalled that the DBM launched last...
The Department of Budget and Management (DBM) should prove the necessity of passing the bill seeking to rightsize government by presenting the data lawmakers have been asking to justify the measure. Sen. Sherwin Gatchalian said that while he sees the “benefit and wisdom” of the proposed...
The plenary hall of the House of Representatives (Dexter Barro II/MANILA BULLETIN) The House of Representatives has terminated the 2025 budget debates for the Department of Finance (DOF), National Economic and Development Authority (NEDA), and the...
