Manila The Department Of Budget And Management Dbm Is Well Within Timeline Drafting Implementing Rules Regulations Irr Executive Order Eo 170 News Today : Breaking News, Live Updates & Top Stories | Vimarsana
MANILA - The Department of Budget and Management (DBM) is well within the timeline of drafting the implementing rules and regulations (IRR) of Executive Order (EO) 170, which mandates the adoption of digital payments for government disbursements and collections. E0 170, signed by former President Rodrigo Duterte on May 12, recognizes that the adoption of digital payments will facilitate the expedient distribution of financial assistance to beneficiaries. "The IRR has been crafted and it's been prepared by the agencies and now, it's undergoing consultation. So hopefully, in a few weeks, we'll have the IRR. And we'll push for the digitalization," Budget Secretary Amenah Pangandaman told senators during the Development Budget Coordination Committee Briefing on Wednesday. Pangandaman also revealed that the DBM has allocated PHP12.47 billion for the transformation and digitalization of government processes and transactions under the proposed 2023 national budget, c