Politikos have apparently become more brazen in finding ways to benefit from the national budget under the Marcos administration, with funds being given to the same item five times in the general appropriations bill (GAB).
The Pantawid Pamilyang Pilipino Program will get a total of P112.8 billion in the 2024 National Expenditure Program.
A group of lawmakers filed a measure seeking to repeal the Oil Deregulation law and establish the Budget ng Bayan Para sa Murang Petrolyo (BBMP) aimed at reducing the price of petroleum products in the country.
Finance Secretary Benjamin Diokno expressed his opposition to a proposal to impose billionaires’ tax, saying the yield from such super-rich tax is much less than general consumption tax.
The Department of Budget and Management (DBM) revealed on Thursday that a study for another round of wage increases for government workers is underway.
The Department of Budget and Management (DBM) will issue a memorandum circular directing government agencies with low utilization of their budget to provide their catch-up plan.
Ako Bicol party-list Rep. Elizaldy Co vowed to facilitate a comprehensive and transparent budget deliberation that will ensure the prudent allocation of resources under the proposed 2024 national budget.
The P2.93 billion cut in the proposed 2024 budget of the University of the Philippines (UP) System was due to the removal of budgetary requirements for several infrastructure projects to be completed this year, the Department of Budget and Management said Thursday.
The Department of Budget and Management (DBM) on Thursday justified the proposed P1,408,894,000 budget of the Office of the President for its travel expenses.
Speaker Ferdinand Martin Romualdez assured the timely passage of the proposed P5.768 trillion budget for 2024.
