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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&#39...

MANILA - President Rodrigo R. Duterte has signed an executive order (EO) directing government departments and agencies to utilize digital payments for government disbursements. EO 170, signed by Duterte on May 12, recognizes that the Covid-19 pandemic has highlighted the benefits of utilizing digital payment services across various sectors, as it enabled a fast, convenient, secure, and transparent mode of delivering government services and transacting business. "The adoption of digital paym...