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Economic team lauds Senate for passing Maharlika fund bill

ABS-CBN News
Updated as of May 31 06:32 PM

The administration's economic team commended the Senate for passing Senate Bill No. 2020 which would create the Maharlika Investment Fund. Read more »

DBM approves release of P5 billion fund for BARMM, Marawi rehabilitation

ABS-CBN News
Posted at May 24 10:26 AM

The Department of Budget and Management said it approved the release of P5 billion for the rehabilitation of the Bangsamoro. Read more »

Gov't workers to get midyear bonus starting May 15

ABS-CBN News
Posted at May 14 12:18 PM

Eligible government employees will be receiving their midyear bonus starting May 15, the Department of Budget and Management (DBM) said. Read more »

Ombudsman issues suspension orders over Pharmally mess

ABS-CBN News
Posted at Mar 24 12:05 AM

The Office of the Ombudsman ordered the preventive suspension of 33 budget and health officials over the Pharmally mess. Read more »

33 opisyal na dawit sa Pharmally deals sinuspende

ABS-CBN News
Posted at Mar 23 07:08 PM

Sinuspende ng Ombudsman ang ilang opisyal ng pamahalaan na sangkot sa umano'y maanomalyang pagbili ng COVID-19 supplies sa Pharmally. Read more »

Christopher Lao, et al suspended over Pharmally mess

Adrian Ayalin, ABS-CBN News
Updated as of Mar 23 07:45 PM

Thirty-three government officials from the Department of Budget and Management, the Department of Health and the Office of the Ombudsman were placed under 6-month preventive suspension over the purchase of COVID 19 test kits from Pharmally Pharmaceutical Corporation in 2020. Read more »

DBM says funding 'enough' in oil spill aid in Mindoro

Job Manahan, ABS-CBN News
Posted at Mar 21 05:55 PM

Budget Secretary Amenah Pangandaman said government agencies addressing the oil spill are okay in terms of funding for their social services for now. Read more »

DBM says Marcos wants study on devolved LGU functions

Job Manahan, ABS-CBN News
Posted at Mar 21 04:47 PM

Some LGUs are not prepared for the high-impact projects that they will need to carry out once the Mandanas ruling takes effect, DBM said. Read more »

DBM releases P500-M to DOH for 2023 cancer fund

ABS-CBN News
Updated as of Feb 28 05:31 PM

The Department of Budget and Management has released P500 million to the Department of Health for the 2023 Cancer Assistance Fund. Read more »

Blue Ribbon Committee report sa DepEd laptops, inaprubahan na ng Senado

Robert Mano, ABS-CBN News
Posted at Feb 14 09:15 PM

Sa Blue Ribbon Committee Report, sinabing overpriced ng P979 million ang 39,600 units na laptops na binili ng PS-DBM gamit ang P2.4 billion mula sa DepEd. Read more »

Social protection gets P151-B under 2023 budget: DBM

ABS-CBN News
Updated as of Jan 31 03:55 PM

The Department of Budget and Management said it has allotted over P151 billion to fund social protection programs of the DSWD. Read more »

2024 budget to include implementation-ready proposals: DBM

ABS-CBN News
Posted at Jan 27 03:33 PM

The Department of Budget and Management said on Friday that the 2024 national budget would cover only implementation-ready programs of government agencies. Read more »

Senate panel recommends raps over DepEd laptop mess

ABS-CBN News
Posted at Jan 19 11:43 PM

Senate probers concluded there was a conspiracy among education and budget officials to commit graft in the purchase of overpriced computers for public school teachers. Read more »

Iregularidad sa DepEd laptop project idiniin sa Senate report

ABS-CBN News
Posted at Jan 19 08:37 PM

Pinakakasuhan ang ilang opisyal ng DepEd at PS-DBM kaugnay sa kontrobersiyal na laptop project. Read more »

8 airport upgrade projects funded in 2023 budget: DBM

ABS-CBN News
Posted at Jan 19 04:46 PM

The Tacloban and Laoag airports are getting the biggest slices of the 2023 General Appropriations Act (GAA) budget for airports according to figures released by the DBM. Read more »

Senate panel finds DepEd laptop project overpriced by nearly P1 billion

Jauhn Etienne Villaruel, Sherrie Ann Torres and Jaehwa Bernardo, ABS-CBN News
Updated as of Jan 20 01:02 AM

The panel likewise sough the recovery of P979 million "overpayment" to be put in a trust fund for teachers. Read more »

P14 billion released for military retirees' pension

ABS-CBN News
Posted at Jan 13 10:43 AM

The Department of Budget and Management on Friday said it has approved the release of over P14 billion to fund the regular pension requirements of military retirees. Read more »

EDSA libreng sakay program to continue with P1.3-B fund

ABS-CBN News
Updated as of Jan 12 08:08 PM

The Department of Budget and Management said on Thursday it has provided P1.285 billion to continue the LIbreng Sakay for the EDSA Busway System. Read more »

Deliberasyon sa Maharlika bill di dapat madaliin — mambabatas

ABS-CBN News
Posted at Dec 14 09:24 PM

Nais ni House Speaker Martin Romualdez na sertipikahin bilang urgent ng Malacañang ang Maharlika Investment Fund bill. Read more »

DBM chief says 'high time' to create Maharlika fund

Jekki Pascual, ABS-CBN News
Posted at Dec 14 04:40 PM

Budget Secretary Amenah Pangandaman said on Wednesday it was "high time" for the Philippines to create its own sovereign wealth fund Read more »