Cash Allocation News Today

Philippine Canadian Inquirer DBM OKs release of P87M to uplift tobacco industry News

THE Department of Budget and Management (DBM) announced having allocated P87.632 million to the National Tobacco Administration (NTA) to reinforce its support to the tobacco sector. A statement issued by the DBM read that on May 9, Budget Secretary Amenah F. Pangandaman approved the release of Notice of Cash Allocation…

THE national government’s disbursements from January to February this year rose by 16.4 percent to P722.5 billion from P620.7 billion recorded in the same period a year ago, according to the Department of Budget and Management (DBM).  A DBM report explained that the “significant expansion” resulted mainly from higher interest…

The Department of Budget and Management (DBM) released over P2.8 billion to the Department of Information and Communications Technology-Office of the Secretary (DICT-OSEC) to provide free public Wi-Fi. In a statement Tuesday, the DBM said Budget Secretary Amenah F. Pangandaman has approved the issuance of a Special Allotment Release Order…

The Department of Budget and Management (DBM) on Tuesday said it has released over P400 million to cover the first quarter funding requirements of the Rice Competitiveness Enhancement Fund (RCEF).

The Department of Budget and Management (DBM) released a total of P455.59 million for the agriculture sector to bankroll programs to boost local food production. In a statement on Tuesday, the DBM said that Budget Secretary Amenah F. Pangandaman approved the release of the Rice Competitiveness Enhancement Fund (RCEF) for…

THE Department of Budget and Management (DBM) released P3.41 billion to the Department of Labor and Employment-Technical Education and Skills Development Authority (Dole-Tesda) to provide free tuition to tertiary students. In a statement on Tuesday, the DBM said Budget Secretary Amenah F. Pangandaman approved the fund under the Special Allotment…

Fund managers keep cash as a part of their portfolio to meet events like redemption or make investments if they see a suitable investment opportunity.

The Department of Budget and Management (DBM) approved the release of P5 billion for the rehabilitation of conflict-affected communities in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). The DBM said Secretary Amenah F. Pangandaman has approved the issuance of a Notice of Cash Allocation (NCA) for the rebuilding, rehabilitation…

THE Department of Budget and Management (DBM) has approved the release of P50 million to support a business development program for farmers and fisherfolk.