While the Marcos administration used 99 percent of funds allocated last year, the Department of Budget and Management (DBM) and Department of Human Settlements and Urban Development (DHSUD) only used around two-thirds of their funds. DBM data showed that the national government’s notice of...
The government released over P88 billion in May with the bulk of it going to the Department of Public Works and Highways (DPWH) to fund its foreign-assisted projects. Data from the Department of Budget and Management showed that the DPWH was allotted P46.9 billion for its capital outlays to cover...
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 Department of Budget and Management (DBM) signed an agreement with three authorized government servicing banks for the implementation of the online release of notice of cash allocation (NCA). In a statement, Budget Secretary Amenah F. Pangandaman said the DBM signed the memorandum of agreement...