Versuchen GOLD - Frei
Timely and comprehensive budget release: A proactive strategy
Manila Bulletin
|April 23, 2025
Assalamu alaikum wa Rahmatullahi wa Barakatuh. I hope everyone had a restful and peaceful long holiday, ready to face new challenges and opportunities.
-
For us in the Department of Budget and Management (DBM), we stand firm in our commitment to fiscal efficiency, transparency, and the timely delivery of public services for the people.
As President Ferdinand R. Marcos Jr. (PBBM) emphasized during the signing of the 2025 General Appropriations Act (GAA) on Dec. 30, 2024, “This budget reflects our collective commitment to transforming economic gains into meaningful outcomes for every Filipino.”
Hence, for the government to start strong, I am glad to note that the DBM was able to release P5.1 trillion or about 80.7 percent of the P6.326 trillion fiscal year (FY) 2025 national budget to different government agencies as of end-March.
You see, this timely release is a proactive strategy to maximize the capacity of government agencies to serve. Once government agencies receive their allocated funds, they are empowered to immediately commence programs, activities, and projects (PAPs), thereby delivering services to the people. Any delay in its release would mean depriving the people of services they deserve.
Further, government spending stimulates economic growth. As the President highlighted during the 2025 GAA signing, “Our national budget is designed not just to address our present needs, but to fuel economic growth and uplift the lives of future generations.” The immediate release of funds for high-impact PAPs, such as railways, farm-to-market roads, social protection programs, healthcare, school buildings, and our digital transformation reforms, allows for smoother operations or earlier project completion.
Diese Geschichte stammt aus der April 23, 2025-Ausgabe von Manila Bulletin.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Manila Bulletin
Manila Bulletin
8 DPWH execs face raps over flood control mess
DOJ findings, recommendations submitted to Ombudsman
3 mins
October 15, 2025
Manila Bulletin
Bibat breaks out with scorching 65
Michael Bibat seeking redemption after a stretch of underwhelming finishes, delivered a blistering 65 to grab the first-round lead at the ICTSI Del Monte Championship here on Tuesday, Oct. 12, upstaging a fast-starting Elee Bisera and a record-breaking Taewon Ha at the Del Monte Golf Club.
1 min
October 15, 2025
Manila Bulletin
Corruption slows PH’s 2025 growth
resident Ferdinand R. Marcos Jr.’s chief economic manager said Philippine growth might have slowed in the third quarter of the year, which he sees stretching through early 2026, due to the moderation in flood control infrastructure spending.
4 mins
October 15, 2025
Manila Bulletin
ICC chief prosecutor Khan disqualified from Duterte case
The International Criminal Court (ICC) appeals judges have disqualified chief prosecutor Karim Khan from the crimes against humanity charges against former president Rodrigo Duterte because of conflict of interest, according to several media agencies which cited a Reuters exclusive story.
2 mins
October 15, 2025
Manila Bulletin
PH wins 6 World Travel awards; Philippine Pavilion bags silver in Expo 2025 Osaka
The Philippines reinforced its standing as a global tourism powerhouse after capturing six major honors at the 2025 World Travel Awards (WTA) Asia and Oceania Gala Ceremony, the Department of Tourism (DOT) said on Tuesday, Oct. 14.
3 mins
October 15, 2025
Manila Bulletin
Why investing in buyer experience pays off in Philippine e-commerce
I consider myself a seasoned online shopper. On any given day, I’ll see the same product sold by multiple sellers, each with different prices that make me pause and compare. Price is tempting, of course, but more and more, I find myself asking a different question: ‘Who can I trust to deliver what I paid for?’
7 mins
October 15, 2025
Manila Bulletin
Pangandaman: DBM not involved in 'insertions'
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has clarified that the agency has no authority to participate in budget insertions, countering claims about its alleged involvement.
3 mins
October 15, 2025

Manila Bulletin
Watson Philippines champions a creative way of healing and wellness with #HeARTworks
In a fast-paced world where busy schedules and constant pressures prevail, self-care frequently takes a back seat.
3 mins
October 15, 2025
Manila Bulletin
Trump urges leaders to put 'old feuds' aside, calls for new era of harmony in the Middle East
President Donald Trump called for a new era of harmony in the Middle East on Monday during a global summit on Gaza's future, trying to advance broader peace in the region after visiting Israel to celebrate a U.S.-brokered ceasefire with Hamas.
1 mins
October 15, 2025

Manila Bulletin
What's it like to be onstage during a strong earthquake
Last Oct. 10, at exactly 7:12 p.m., I was onstage hosting the 25th anniversary of Borromeo Insurance Agency at Casa Mayor in Davao City when the entire stage began to tremble.
2 mins
October 15, 2025
Listen
Translate
Change font size