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IRR on adoption of digital payments ready in few weeks: DBM - Vimarsana News

IRR on adoption of digital payments ready in few weeks: DBM

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 w...

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Amenah PangandamanCommunications TechnologyDepartment Of InformationDepartment Of BudgetDevelopment Budget Coordination Committee Briefing OnExecutive OrderPresident Rodrigo DuterteSecretary Amenah PangandamanPresident DuterteDigital PaymentsGovernment DisbursementsManila The Department Of Budget And Management Dbm Is Well Within Timeline Drafting Implementing Rules Regulations Irr Executive Order Eo 170Hich Mandates The Adoption Of Digital Payments For Government Disbursements And Collections E0 170Igned By Former President Rodrigo Duterte On May 12Ecognizes That The Adoption Of Digital Payments Will Facilitate Expedient Distribution Financial Assistance To Beneficiaries Quot Irr Has Been Crafted And It 39s Prepared By Agencies NowT 39s Undergoing Consultation So HopefullyNa Few WeeksE 39 Ll Have The Irr And We Push For DigitalizationUot Budget Secretary Amenah Pangandaman Told Senators During The Development Coordination Committee Briefing On Wednesday Also Revealed That Dbm Has Allocated Php12 47 Billion For Transformation And Digitalization Of Government Processes Transactions Under Proposed 2023 NationalIting The Importance Of Developing Information And Communications Technology Ict In New Normal Quot For 2023E Havea Total Budget For Ict And DigitalizationHp12 47 Billion This Is Across The National Government Agencies And For 2023 BudgetE Includeda Section On Digital Payments Of Government Financial Transactions This Is Related To Executive Order No 170 Signed By Then President Duterte The Adoption For Disbursements And CollectionsUot She Said Of This AmountAngandaman Said The Department Of Information And Technology Dict Will Receive Largest Share Amounting To Php4 24 Billion For Its Ict Systems Infrastructure Development Meanwhile
Gov't departments, agencies directed to utilize digital payments - Vimarsana News

Gov't departments, agencies directed to utilize digital payments

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 payments for government disbursements will facilitate the expedient distribution of financial assistance...