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Learn how to monitor, evaluate government programs and projects
Pursuant to National Budget Circular 565 mandated by the Department of Budget and Management, key LGU officials and officers are required to strengthen their institution’s results-based monitoring, evaluation, and reporting of all government programs and projects......»»
Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»
Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»
Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»
Xinhua world economic news summary at 0900 GMT, April 1
MANILA -- The Philippine government's budget deficit increased to 164.7 billion pesos (2.93 billion U.S. dollars) in February, the country's Bureau of the Treasury said Monday. "The wider budget gap stemmed from the 22.14 percent year-over-year increase in expenditures, matched with moderate revenue growth of 5.73 percent," the bureau said. With the February turnout, the bureau said the year-to-date fiscal balan.....»»
Budget surplus unlikely to last – Recto
The record budget surplus in January is unlikely to be sustained over the coming months, more so for the rest of the year, but the government is not worried so long as revenue targets are achieved, according to Finance Secretary Ralph Recto......»»
Unprogrammed appropriations boosted 2023 budget by P374 billion
The government has included a P374-billion additional program, on top of the P5.268 trillion national budget in 2023, the bulk of which were unprogrammed appropriations......»»
China maintains defence budget growth despite economic travails
Hong Kong, March 12 (ANI): At the 14th National People's Congress, China announced its defence budget for 2024 and interestingly maintained the growth rate of its military expenditure at precisely the same percentage as last year, as Chairman Xi Jinping continues to prioritize the People's Liberation Army (PLA) at the expense of other sectors of government funding. Indeed, according to figures released on the opening day.....»»
P4.57 trillion in agency budget released
Nearly 80 percent of the record P5.768 trillion budget for the year has been released as the government ramps up implementation of various programs......»»
DavOro guv refutes claims she barred dept heads from attending SP budget proceedings
DAVAO de Oro Governor Dorothy "Dotdot" Gonzaga clarified the information released by the Office of Vice Governor Jayvee Tyron Uy that among the factors of the delay of the approval of the Calendar Year Executive Budget for 2024 was because she prevented the department heads of the provincial local government unit from attending the Sangguniang Panlalawigan (SP) proceedings......»»
Charter Day bonus for Cebu City gov’t employees ‘still pending’
CEBU CITY, Philippines – The Charter Day bonus for Cebu City government employees is still subject to deliberation, meaning there is no definite final date yet as to when it will be given. Councilor Noel Wenceslao, chairman of the Committee on Budget and Finance, has confirmed that Supplemental Budget 1, which includes allocations for the.....»»
‘Imee budget realigning led to millions not receiving 4Ps’
Nearly 4.3 million poor Filipinos were deprived of cash aid under the government’s Pantawid Pamilyang Pilipino Program in 2023 after Sen. Imee Marcos realigned the 4Ps funding of P13 billion in the national budget to another social amelioration program, a member of the House of Representatives said yesterday......»»
Pinoy Aquaman sets new record in successful 10k open water swim in Capiz
CEBU CITY, Philippines — “Pinoy Aquaman” Ingemar Macarine never ceases to amaze after setting a new personal record for conquering the 10-kilometer open water swim in the Capiz Sea on Sunday, March 17, 2024. The 47-year-old Macarine bested his previous 10k open water swim in Masbate last year. From four hours and 22 minutes in.....»»
Pinoy Aquaman to conquer Capiz open sea on Sunday
CEBU CITY, Philippines — “Pinoy Aquaman” Ingemar Macarine is ready for his grueling 10-kilometer open water swim in Roxas City, Capiz on Sunday, March 16. If successful, Macarine will further stretch his record to 38 open water swims in and outside the Philippines, which no other Filipino has ever done historically. ALSO READ: Macarine eyes.....»»
Open ocean salmon farm a win for the economy
The final approval of New Zealand King Salmon's Blue Endeavour open ocean aquaculture project is a significant step for New Zealand's aquaculture, and a win for the economy, Oceans and Fisheries Minister Shane Jones says. "Blue Endeavour will be the first open ocean aquaculture salmon farm in New Zealand. It's going to provide more jobs for the Marlborough region and benefit our economy b.....»»
IM Young makikipag tagisan ng talino sa 21st BCC Open 2024 sa Thailand
MAYNILA – Makikipag tagisan ng talino si Filipino International Master Angelo Abundo Young sa pagtulak ng 21st BCC (Bangkok Chess Club) Open 2024 na naka-iskedyul mula Abril 13 hanggang 21. Ang kompetisyon, na gaganapin sa conference center ng Sheraton Hua Hin Resort & Spa sa Phetchaburi, Thailand, ay nagtatampok ng Open at Challenger divisions. “I ….....»»
Australian Open: Osaka out, Gauff, Medvedev in for next round
Two-time Australian Open champion Naomi Osaka’s Grand Slam comeback ended at the first hurdle on Monday but US Open winner Coco Gauff and men’s third seed Daniil Medvedev surged on in Melbourne. On a baking-hot day, men’s seventh seed Stefanos Tsitsipas and women’s sixth seed Ons Jabeur also tasted first-round victory. But Wimbledon champion Marketa.....»»
PH-OGP brings 6th NAP to Cebu
CEBU CITY, Philippines —The Philippine Open Government Partnership (PH-OGP), chaired by Department of Budget and Management (DBM) Secretary Amenah Pangandaman, brought its 6th National Action Plan (NAP) to Cebu. With around 250 participants from different sectors in Region VII including more than a hundred civil society members, this year’s run of OGPinas! aims to highlight.....»»
Government urged to abolish MAV system
The government should consider abolishing the minimum access volume (MAV) system as the mechanism is prone to corruption and favors only few entities, a member of the central bank’s Monetary Board (MB) said......»»
Dismissal of graft charges vs Blaan chieftain lauded
Blaan and T’boli tribe members in South Cotabato province were elated after the Ombudsman dismissed the corruption charges against a renowned tribal leader. He was earlier accused of mishandling of government funds, for them a landmark dispensation of justice benefiting their communities......»»