The Department of Budget and Management (DBM) is confident that the national government has achieved its infrastructure spending target for last year. In the latest national government disbursement performance report, the DBM stated that the overall infrastructure spending for January to December...
The government has allotted some P56 million to cover the construction of a three-story building of the Mindanao State University in Marawi City. Budget Secretary Mina F. Pangandaman has approved the release of the Special Allotment Release Order (SARO) of over P55.65 million to fund the Student...
The Department of Budget and Management (DBM) said it will implement the approved spending appropriations for this year, even if there are legal challenges regarding unprogrammed funds in the Supreme Court. On Wednesday, Jan. 3, the budget department maintained that the unprogrammed funds in the...
Officials from the Bureau of Customs (BOC) participated in a training that aimed to enhance their compliance with international trade requirements, specifically the implementation of a risk analytics strategy. The Customs and European Union-funded ARISE Plus Philippines organized the "Integrated...
Over half a billion was issued to cover the construction and expansion of the National Kidney and Transplant Institute’s (NKTI) building, the Department of Budget and Management (DBM) said on Wednesday, Jan. 3. Budget Secretary Amenah F. Pangandaman has approved the issuance of Special Allotment...
The proposed new procurement bill will provide an online site that will expedite the purchasing of goods and services in the government, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said in a statement that the proposed Government Procurement Reform Act...
The Department of Budget and Management (DBM) said the Marcos administration is making progress in reducing its reliance on borrowing to support spending, a positive development in its efforts to lessen the country's debt burden. Budget Secretary Amenah F. Pangandaman said the national government's...
The Department of Budget and Management (DBM) clarified that the unprogrammed funds in next year's budget do not contain actual money at present, and will only be utilized in the event of unexpected expenses and additional revenue. In a statement, Budget Secretary Amenah F. Pangandaman explained...
The proposed new Government Procurement Reform Act (GPRA) will allow bidders to submit only the certificate of registration and membership, which will smoothen the procurement process and ensure its legality, the Department of Budget and Management (DBM) said. In a statement, Budget Secretary...
The Department of Budget and Management (DBM) announced the disbursement of a P5 billion budget aimed at rebuilding, rehabilitating, and developing conflict-affected areas in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). In a statement, Budget Secretary Amenah F. Pangandaman said the...
The sale of and lease rentals from state-owned properties brought in P1.2 billion to the Bureau of the Treasury this year, according to a report by the Department of Finance (DOF). Data from the DOF showed that the Privatization and Management Office (PMO) exceeded its target this year by 84.6...
Over 1.8 million state workers are set to receive a one-time service recognition incentive (SRI) of P20,000 beginning on Friday, Dec. 15 This as the Administrative Order (AO) No. 12, which will grant incentives to employees of several government agencies, has been approved by President Ferdinand R....
