DBM Secretary Amenah Pangandaman (Ellson Quismorio/ MANILA BULLETIN) The Marcos administration is asking for P2 billion less confidential and intelligence funds (CIFs) under the P6.352-trillion National Expenditure Program (NEP) or proposed...
The Philippine government is on track to surpass the P17 trillion debt threshold by the end of next year, data from the Department of Budget and Management (DBM) showed. Based on the Budget of Expenditures and Sources of Financing submitted to Congress, the Marcos administration expects to conclude...
The Marcos administration is charting a path towards fiscal consolidation by reducing borrowings next year, data from the Department of Budget and Management (DBM) showed. Based on the Budget of Expenditures and Sources of Financing presented to Congress, the government is planning to borrow P2.545...
The bargaining chip dangled by the Department of Energy (DOE) on the proposed corporate life extension for state-run Power Sector Assets and Liabilities Management Corporation (PSALM) is to prevent transfer of P300 billion worth of its residual debts to the national government coffers. “At this...
President Marcos has submitted to Congress his proposed national budget of P6.352 trillion for 2025. On Monday, July 29, Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman delivered the National Expenditure Program (NEP) for Fiscal Year 2025 to the House of...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman said that the signing of the implementing rules and regulations (IRR) of Executive Order No. 174 will allow teachers to choose teaching or managerial roles without prejudice. “Today’s signing of the IRR of EO No. 174...
The Department of Budget and Management (DBM) said that almost half of the government's calamity funds are still available to assist people affected by Typhoon Carina and the southwest monsoon. According to Budget Secretary Amenah F. Pangandaman, approximately P11.12 billion remains in the calamity...
The government is providing P42 billion to the country’s irrigation infrastructure to boost the agriculture sector and ensure food security, the Department of Budget and Management (DBM) said. During a post-SONA briefing, Budget Secretary Amenah F. Pangandaman stated that the allocation to the...
The American Chamber of Commerce of the Philippines (AmCham) is throwing full backing to the legislative measures which had been outlined by President Marcos in his State of the Nation Address (SONA) as the next priority policies to be pursued by the government. In the energy sector, the key piece...
The Department of Budget and Management (DBM) plans to allocate approximately P10 billion next year for government employees' medical allowances. Budget Secretary Amenah F. Pangandaman said that a total of P9.5 billion had been earmarked for the Miscellaneous Personnel Benefits Fund (MPBF) in...
The Department of Budget and Management has allocated P106 billion to support President Marcos' directive to increase the salaries of government employees. Budget Secretary Amenah F. Pangandaman said that DBM has set aside P36 billion for the current year and an additional P70 billion for the...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman underscored that having the right fundamental values and character determines an individual's success as she delivered a message of encouragement to the graduates of the Bulacan State University (BulSU) last July 19. "Dear...