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AMID FLOOD CONTROL SCANDAL: DBM tightens scrutiny of fund disbursements
November 02, 2025
|The Philippine Star
The Department of Budget and Management (DBM) is now "extra cautious" in releasing public funds amid recent developments regarding alleged corruption in flood control projects within the Department of Public Works and Highways (DPWH).
While emphasizing the importance of public spending in driving economic growth, DBM Assistant Secretary Romeo Matthew Balanquit said there is a need to maintain a business-as-usual approach in disbursing the appropriated funds.
"Extra cautious because of the development that happened in the news. But at the same time, we cannot be overly cautious and withhold the money in our pocket because we will not be helping the economy," he told reporters.
هذه القصة من طبعة November 02, 2025 من The Philippine Star.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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