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Gov’t says fiscal stimulus enough despite forecasting worst post-war recession

ABS-CBN News
Posted at Dec 03 10:49 PM

The 2021 budget will be enough to revive the economy, government officials said on Thursday despite projecting the worst full-year recession since World War 2. Read more »

National budget, paano ba binubuo at pinaplano?

ABS-CBN News
Posted at Nov 26 04:02 PM

Ipinasa na ng Senado sa final reading ang P4.5-trillion 2021 national budget. Paano ba ito binubuo at pinaplano?  Read more »

26,000 loan applications for pandemic-hit firms in limbo; Pangilinan notes DBM 'bottleneck'

Katrina Domingo, ABS-CBN News
Updated as of Nov 18 05:23 PM

The loan applications of some 26,000 micro, small and medium businesses have yet to be processed about 8 months after establishments in the country were forced to temporarily halt operations due to the COVID-19 pandemic, the Department of Trade and Industry (DTI) said Wednesday. Read more »

Cayetano slams DBM for failure to release P35-M for DSWD's adoption service

Katrina Domingo, ABS-CBN News
Posted at Nov 18 01:20 AM

Sen. Pia Cayetano on Tuesday slammed the Department of Budget and Management for holding the P35-million budget meant to hire additional social workers who would facilitate adoption processes in the Philippines. Read more »

Pangilinan, Recto seek to restore contact tracing funds in 2021 budget

Katrina Domingo, ABS-CBN News
Posted at Nov 17 08:09 PM

Two senators on Tuesday pushed to retain the funding for contact tracers in the 2021 budget, after confirming that the executive department did not allocate a sum for contact tracing next year. Read more »

DBM: Ulysses-hit local governments to get P1.5-billion additional funds

ABS-CBN News
Posted at Nov 17 06:11 PM

The Department of Budget and Management said Tuesday it would release P1.5 billion in additional funds to some local governments to help their constituents cope with the effects of typhoon Ulysses.    Read more »

P78 billion from Bayanihan 2 law fund released to agencies - DBM

ABS-CBN News
Posted at Oct 29 08:46 PM

The government has already released P77.98 billion to various agencies for their programs in response to the COVID-19 pandemic under the Bayanihan to Recover as One Act (Bayanihan 2), the Department of Budget and Management said Thursday.    Read more »

Lacson says to 'raise hell' over 'impoundment' of funds for some 2020 projects

Katrina Domingo, ABS-CBN News
Posted at Oct 28 06:12 PM

MANILA— Sen. Panfilo Lacson on Wednesday said he would "raise hell" when the Senate begins its budget debates to question why the Department of Budget and Management (DBM) has been withholding funding for projects identified by lawmakers this year.   Read more »

DBM released 3.2 pct of Bayanihan 2's P140-B fund 2 months before expiry: Senate report

Katrina Domingo, ABS-CBN News
Updated as of Oct 23 11:59 PM

The Department of Budget and Management (DBM) has only released 3.5 percent of the P140-billion assistance under the Bayanihan to Recover as One Act (Bayanihan 2), about 2 months before the Philippines' second COVID-19 aid package expires, the Senate said in a recent report. Read more »

DBM: Housing, intel funds can't be compared 'apple to apple'

ABS-CBN News
Updated as of Oct 22 08:02 PM

Funds for housing backlogs and those for intelligence operations cannot be compared "apple to apple," the Department of Budget and Management said Thursday, following criticism from some senators.   Read more »

DBM to release Bayanihan 2 funds to agencies with complete requirements, says lawmaker

Katrina Domingo, ABS-CBN News
Updated as of Oct 21 10:32 PM

The Department of Budget and Management (DBM) has committed to "immediately" release billions of funds to agencies after senators flagged the executive branch's failure to disburse funds under the Bayanihan to Recover as One Act (Bayanihan 2), according to a senator Tuesday. Read more »

Hiring of 'contract of service', 'job order' workers extended to end of 2022: DBM

ABS-CBN News
Posted at Oct 21 07:59 AM

Government has extended until the end of 2022 the period of its hiring contract of service and job order workers due to the COVID-19 pandemic, Budget Secretary Wendel Avisado said Wednesday. Read more »

DBM tells firms: Participate in 'domestic preference' policy for PPEs, medical supplies

ABS-CBN News
Posted at Oct 09 01:30 PM

The Department of Budget and Management said Friday firms should participate in its "domestic preference" policy.  Read more »

DBM: Mga serbisyo at proyekto apektado kung maaantala pagpasa sa 2021 budget

ABS-CBN News
Posted at Oct 07 03:58 PM

Umaasa ang Department of Budget and Management na maipapasa on time ang 2021 national budget.   Read more »

National Sports Academy's P229-M funding not included in 2021 budget: BCDA

Katrina Domingo, ABS-CBN News
Updated as of Oct 05 08:14 PM

The Bases Conversion and Development Authority (BCDA) on Monday appealed to senators to include a P229-million budget for the National Sports Academy, saying the funding for the new school for athletes was not included in the 2021 spending bill.   Read more »

Salary grade ng iba pang nurses, ilalaban na maitaas din

ABS-CBN News
Updated as of Oct 01 08:33 PM

Magtutulak umano ng special provision sa 2021 GAA para magkaroon din ng legal basis ang Department of Budget Management na itaas ang sahod para sa lahat ng lebel ng nurse. Read more »

Pagtaas ng sahod ng Nurse 2 position, itutulak ng DOH sa DBM

ABS-CBN News
Updated as of Sep 22 08:34 PM

Makikipagpulong ang Department of Health (DOH) sa Department of Budget and Management para talakayin ang isyu ng pagtaas ng sahod ng entry-level government nurses, na nakita naman bilang demotion ng grupo ng nurses. Read more »

Hontiveros flags P4 billion worth of alleged 'unaccounted' PPE sets

ABS-CBN News
Posted at Sep 20 01:53 PM

Sen. Risa Hontiveros on Sunday flagged P4 billion worth of alleged "unaccounted" protective gear sets that government supposedly purchased based at a certain price announced in May. Read more »

PH lost P1 billion due to overpriced PPEs procured by budget department: Hontiveros

Gillan Ropero, ABS-CBN News
Updated as of Sep 17 03:16 PM

MANILA— The Philippines lost some P1 billion in funds to overpriced protective equipment that the budget department procured from April to May in response to the COVID-19 pandemic, a senator said Thursday. Read more »

Budget chief debunks Ombudsman, denies withholding P173-million COA funds

ABS-CBN News
Posted at Sep 15 07:48 PM

MANILA - Budget Secretary Wendel Avisado on Tuesday denied allegations that his department was withholding the release of a P173-million capital outlay funding for the Commission on Audit (COA). Read more »