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Cause for concern as PH debt doubles under Duterte, says think tank

Rowegie Abanto, ABS-CBN News
Posted at Jun 03 01:16 PM

The Philippines' national debt under the Duterte administration has doubled, IBON Foundation pointed out. Read more »

DBM looking for budget to continue fuel subsidy

ABS-CBN News
Posted at Jun 02 03:37 PM

Unused funds in 2021 and savings from biddings are some of the possible sources of funds for the continuation of the fuel subsidy program, said DBM chief Tina Canda. Read more »

DBM says calamity fund enough as typhoon season nears

ABS-CBN News
Updated as of Jun 02 03:41 PM

The peak of the typhoon season is July to October, when nearly 70 percent of all typhoons develop, according to PAGASA. Read more »

Marcos has enough time to name next DBM chief, says OIC

ABS-CBN News
Posted at May 25 12:26 PM

The next administration has ample time to appoint the next Budget secretary, the agency's officer-in-charge said Wednesday. Read more »

P1-B released for COVID compensation for health workers

ABS-CBN News
Posted at May 15 12:06 PM

Up to P1.081 billion have been released by the Department of Budget and Management for the benefits of health workers who contracted COVID-19 while on duty this year, the agency said Sunday. Read more »

Gov't seeking funds for students' health insurance

ABS-CBN News
Posted at Apr 22 05:15 PM

Government is looking for ways to fund the insurance policy required for college students who will join in-person classes, the DOH said. Read more »

DBM says can only give P500 aid to poor Pinoys for 3 months

Job Manahan, ABS-CBN News
Updated as of Mar 23 03:47 PM

The government may only be able to give the proposed P500 monthly subsidy to poor Filipino families for 3 months, the DBM said. Read more »

P500 cash aid to be released next month: budget dept

ABS-CBN News
Updated as of Mar 23 12:43 PM

The P500 monthly subsidy for poor families that President Rodrigo Duterte ordered is expected to be released next month, the Department fo Budget and Management said Wednesday. Read more »

Another round of fuel subsidy set: DBM

Jaehwa Bernardo, ABS-CBN News
Posted at Mar 20 11:27 AM

The government will distribute another round of subsidy for PUV drivers and delivery riders, and discounts for the agriculture sector in April. Read more »

Lacson naniniwalang may nagtuturuan sa isyu ng excise tax suspension

ABS-CBN News
Updated as of Mar 12 07:55 PM

Sinabi ni Lacson na may magagawa naman sana ang kasalukuyang administrasyon para maibsan ang bigat ng mga serye ng oil price hikes. Read more »

Kakayanin ng bansa ang pagtaas ng oil price, inflation: DBM official

ABS-CBN News
Posted at Mar 11 11:40 PM

Ayon kay DBM Undersecretary Rolando Toledo, ang makikinabang sa pagsusupinde ng excise tax sa petrolyo ay ang higher income household. Read more »

PH to lose P117-B in revenues if fuel tax suspended

Job Manahan, ABS-CBN News
Posted at Mar 11 04:22 PM

Deferring excise taxes would cut P6 per liter off the price of diesel and P10 off for gasoline, and P5 off for kerosene, based on the TRAIN Law. Read more »

DBM: P3K for farmers, P6.5K for drivers on fuel subsidy

ABS-CBN News
Posted at Mar 11 04:14 PM

PUV drivers and farmers are expected to receive P6,500 and P3,000 worth of fuel subsidy respectively amid rising oil prices. Read more »

DBM releases P3 billion for fuel subsidy, discount

Pia Gutierrez, ABS-CBN News
Posted at Mar 10 06:23 PM

The Department of Budget and Management (DBM) has released the P3-billion budget for fuel subsidy and discount to the Department of Transportation (DOTr) on Thursday afternoon, a budget official confirmed. Read more »

Suspending fuel taxes to hit gov't services, DBM says

Job Manahan and Pia Gutierrez, ABS-CBN News
Posted at Mar 09 09:27 PM

The budget department said suspending excise taxes on petroleum products will significantly affect the government’s delivery of social services. Read more »

P2.5-B fund for fuel subsidy may be out this weekend

Pia Gutierrez, ABS-CBN News
Updated as of Mar 09 05:51 PM

Duterte earlier approved the recommendation to distribute P2.5 billion in fuel subsidies as the country reels from continuous spikes in petroleum products due to the worsening conflict between Ukraine and Russia. Read more »

Guidelines para sa fuel subsidy ng mga tsuper pinaplantsa na

ABS-CBN News
Updated as of Feb 22 08:24 PM

Tinatapos na lang umano ang guidelines lalo't pinalawak ang sakop ng subsidiya at isinama pati ang mga transport network vehicle service at delivery rider. Read more »

Senate panel orders arrest of resource persons absent in Pharmally hearing

ABS-CBN News
Updated as of Jan 27 07:14 PM

Former Procurement Service of the Department of Budget and Management chief Lloyd Christopher Lao was also included in the citation anew. Read more »

Budget dept. releases P1.8-B more aid for Odette relief

ABS-CBN News
Updated as of Dec 29 03:30 AM

The P1 billion released on Tuesday came a few days after the Department of Budget and Management released P1 billion on December 24 to LGUs. Read more »

DBM releases P1 billion for typhoon-ravaged areas

ABS-CBN News
Posted at Dec 24 06:41 PM

The Department of Budget and Management has released an initial P1 billion worth of relief aid for areas battered by Typhoon Odette last week. Read more »