Stay updated with breaking news from Edbm. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Department of Budget and Management told The STAR yesterday that, contrary to some claims, it has not reduced the proposed P23.1-billion budget for the University of the Philippines and the Philippine General Hospital.
Government agencies had wanted P8.66 trillion in funding for their programs and projects, but the Department of Budget and Management approved only P5.268 trillion or nearly 61 percent of the request.
A commitment from the leadership of the Department of Budget and Management to release P1.26 billion in funds has prevented a looming power crisis not just in Mindanao, but also in some parts of Luzon.
The government will study the need for another round of salary increase for state workers by 2024, a move that was implemented by the previous administration.
The notorious PS-DBM – Procurement Service of the Dept. of Budget and Management – is at it again.