Page 18 - Expenditure Program News Today

BORROWINGS under the Marcos administration are expected to peak by 2025 or 2026 as the government raises its revenue through new tax measures in the coming years, according to the Department of Budget and Management (DBM). "The [borrowing] will peak by 2025 to 2026 depending on the collection and expenditure,"…

The "budget cut" for the University of the Philippines (UP) in the 2024 National Expenditure Program (NEP) will not affect the number of enrollees it can accommodate, according to the Department of Budget and Management (DBM). DBM Secretary Amenah F. Pangandaman made the assurance amid the "seeming" P2.93 billion reduction…

JUSTIFIED expenses that can help the government draw more investments in the country and beef up national cybersecurity. This was how the Department of Budget and Management (DBM) defended the higher budget allocated for President Ferdinand R. Marcos, Jr.’s local and overseas trips, as well as intelligence funds for all government…

THE Marcos administration plans to spend over P160 billion for the military and uniform personnel (MUP) pension, gratuity and terminal leave benefits next year, which is nearly P5.7 billion higher than what it allocated this year. Based on the 2024 National Expenditure Program (NEP), the executive branch is proposing a…

THE Department of Budget and Management (DBM) on Thursday attributed the decrease in the proposed 2024 budget for the University of the Philippines to congressional initiatives for various capital outlay for infrastructure projects.

The implementation of Executive Order (EO) No. 138 devolving more functions of the national government (NG) to local government units (LGU) will likely remain suspended until next year, according to the Department of Budget and Management (DBM).  In an interview with reporters in Malacañang on Thursday, Budget Secretary Amenah F. Pangandaman disclosed…

THE Marcos administration is seeking a budget of P215.643 billion to fund its flood mitigation projects for 2024, Budget Secretary Amenah Pangandaman said Thursday.

The 2024 National Expenditure Program is P5.768 trillion, which is 9.5% higher than the current government budget. Watch the livestream here.

As mandated by the 1987 Constitution, the education sector will retain the highest budgetary priority next year with the biggest allocation amounting to P924.7 billion under the 2024 National Expenditure Program (NEP). In his budget message, President Ferdinand R. Marcos Jr. said the 2024 allocation for the education sector, which…

Philippine Canadian Inquirer House receives proposed P5.768-T 2024 national budget News