Page 11 - Edbm News Today

The Department of Budget and Management has submitted to Congress next year’s expenditure program described as “proactive and resilient” and “designed to withstand future risks, challenges and shocks.”

Everything is set for the submission of the record P5.268-trillion national budget for 2023.

The Department of Budget and Management has released P1.4 billion in funding to extend the free bus rides along the EDSA Carousel until December, as students will start returning to school next week for the resumption of face-to-face classes.

The release of notices of cash allocation in July slightly slowed as the government transitioned under a new leadership.

The Department of Budget and Management has released P1 billion to the Department of Public Works and Highways as a replenishment of DPWH’s quick response fund.

A total of P1.975 billion in unused funds for COVID-19 response needs to be returned by the Procurement Service of the Department of Budget and Management to the treasury, the Commission on Audit revealed yesterday.

The Department of Budget and Management has released P2 billion in additional funds to help Filipinos cope and recover from crisis situations.

In its first month in office, the Marcos administration barely touched the record P5.02 trillion budget for 2022, the Department of Budget and Management said.

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