DSWD, DILG ‘ready’ for Bayanihan 3 dole outs

Credit to Author: Currie Cator| Date: Tue, 04 May 2021 06:06:54 +0000

THE Department of Social Welfare and Development (DSWD) and the Department of the Interior Local Government (DILG) on Tuesday assured that they were “prepared” for the third tranche of the social amelioration program (SAP) under the proposed Bayanihan 3. This comes after AKO Bicol Party-list Rep. Alfredo Garbin, Jr. appealed to the agencies to start drafting […]

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DBM releases P3.51T of budget for 2021

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 14 Apr 2021 16:25:41 +0000

The Department of Budget and Management (DBM) has released P3.51 trillion of the 2021 budget in the first quarter, data showed on Wednesday. Data from the Budget department showed that allotment releases in January-March was already 78 percent of the P4.50-trillion programmed budget of the government. The latest figure was higher than the P3.21 trillion […]

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DBM assures proper use of P838-B Covid budget

Credit to Author: Philippines News Agency| Date: Fri, 01 Jan 2021 16:24:37 +0000

The Department of Budget and Management (DBM) assured the public that the government would use the P838 billion allotted for its fight against the coronavirus disease 2019 (Covid-19) pandemic properly. “Maliwanag po ang instruction at direktiba ng Pangulo: siguraduhin na ‘yung pera ay mapunta sa tamang pagkakagastusan (The President’s instruction and directive are clear: ensure […]

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DBM: Agencies’ budget use eases in Jan-Nov

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Thu, 17 Dec 2020 16:19:48 +0000

The budget utilization of government agencies slowed in the first 11 months of the year, data from the Department of Budget and Management (DBM) showed on Thursday. Agencies used P3.12 trillion of the P3.72 trillion released under the Notice of Cash Allocation (NCA) from January to November, translating to a utilization ratio of 84 percent, […]

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DBCC revises revenue, disbursement estimates

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 04 Dec 2020 16:30:38 +0000

The country’s economic managers have revised their medium-term fiscal program for this year until 2022 as they continue to observe prudent fiscal management. In a joint statement on Thursday night, the interagency Development Budget Coordination Committee (DBCC) said estimated revenue collections for this year had been hiked from P2.52 trillion to P2.85 trillion, equivalent to […]

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Covid-19 fund releases jump to over P490B

Credit to Author: Lisbet K. Esmael| Date: Thu, 03 Dec 2020 16:28:24 +0000

State funds released to various government agencies for their coronavirus disease 2019 (Covid-19) pandemic-related response programs have risen to P490.08 billion, according to the Department of Budget and Management (DBM). Department data released on Thursday showed that fund releases under Republic Act (RA) 11469, or the “Bayanihan to Heal as One Act” (Bayanihan 1), reached […]

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DBM: Covid-19 fund releases rise to P486B

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Tue, 24 Nov 2020 16:27:52 +0000

Government funds extended to state agencies for their coronavirus disease 2019 (Covid-19) pandemic response programs have jumped to P486.07 billion, according to the Department of Budget and Management (DBM). Data from the Budget department showed that of the amount released as of November 20, the bulk, or P217.41 billion, went to the Department of Social […]

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DBM Covid-19 fund releases reaches P481 billion

Credit to Author: Anna Leah E. Gonzales| Date: Mon, 16 Nov 2020 16:58:43 +0000

State funds provided to various government agencies for their coronavirus disease 2019 (Covid-19) pandemic response programs have so far reached P481.61 billion, data from the Department of Budget and Management (DBM) showed on Monday. Of the amount released as of November 11, the bulk, or P217.41 billion, went to the Department of Social Welfare and […]

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DBM Covid-19 fund releases soar to P471B

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Tue, 03 Nov 2020 16:21:57 +0000

State funds provided to various government agencies for their coronavirus disease 2019 (Covid-19) pandemic response programs have so far reached P471.70 billion, data from the Department of Budget and Management (DBM) showed on Tuesday. Of the amount released as of October 29, the bulk, or P217.41 billion, went to the Department of Social Welfare and […]

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DBM releases P77.98 B for the implementation of the Bayanihan to recover as one act

Credit to Author: The Manila Times| Date: Sun, 01 Nov 2020 16:18:03 +0000

AS of October 29, the Department of Budget and Management (DBM) has released a total of P77.98 billion to various government agencies and departments for their respective Covid-19 related response programs pursuant to RA No. 11494 or the “Bayanihan to Recover as One Act”. This came after President Rodrigo Duterte delegated to the DBM Secretary […]

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