The Department of Budget and Management (DBM) said it is in the final stages of conducting a compensation and benefits study targeted at evaluating potential salary adjustments for government workers. Budget Undersecretary Goddes Hope O. Libiran said the study, scheduled to be finalized...
Budget Secretary Amenah F. Pangandaman has lauded Fitch Ratings' recent decision to maintain the Philippines' investment grade rating at “BBB,” above the minimum investment grade by a notch and maintaining a stable “outlook.” Pangandaman, chairperson of the inter-agency Development Budget...
As the first half of 2024 draws to a close, the National Food Authority (NFA) is poised to surpass its procurement target, driven by the increased purchasing price of rice. NFA Acting Administrator Larry Lacson said that they are expecting to reach a palay procurement level of 3.08 million or...
The Philippines has emerged as a standout performer in the 2023 Open Budget Survey (OBS), solidifying its position as a frontrunner in budget transparency and public engagement in Southeast Asia. The recently released OBS survey results underscored the country's progress in upholding open...
The Department of Education (DepEd) will soon begin hiring 5,000 non-teaching personnel with a base monthly salary of at least P27,000, the Department of Budget and Management (DBM) announced. This decision comes after Budget Secretary Amenah F. Pangandaman granted approval to DepEd's request for...
Former Senate President Juan Miguel “Migz” Zubiri on Sunday, May 26, welcomed the ratification of three important priority measures that aim to stem corruption, prevent smuggling of agricultural goods and protect the rights of Filipino seafarers. Both the Senate and the House of...
Senator Juan Edgardo “Sonny” Angara on Friday, May 24 said he is confident the New Government Procurement Act (NGPA), will prevent wastage in public transactions as it would plug loopholes in the existing law. The measure is now up for review and signing by President Ferdinand...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has lauded the leadership and members of Congress for the ratification of the New Government Procurement Act (NGPA). Pangandaman said this legislation is a significant milestone under the Marcos administration’s ongoing...
The Senate on Tuesday, May 21 approved on second and third reading the measure amending the over two-decade old government procurement law, one of the priority measures of the Marcos administration. Newly-installed Senate President Francis “Chiz” Escudero allowed his predecessor Juan...
The Department of Budget and Management (DBM) has committed to settling all arrears of the Health Emergency Allowance (HEA) by the end of 2025. In a statement, Budget Secretary Amenah F. Pangandaman said she is focused on resolving the outstanding HEA payments for healthcare workers. “Our...
In order to secure the target quantity for the rice buffer stock by 2025, the National Food Authority (NFA) has sought a budget of P16.3 billion next year. The Department of Agriculture (DA) recently proposed P24.85 billion to NFA, which is 77 percent higher than this year’s allocation of P14.03...
President Marcos has approved the implementation of the e-Marketplace Procurement System of the Department of Budget and Management (DBM). President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of PPA/KJ Rosales) Marcos made the approval during a sectoral meeting with DBM officials at the...
