Essayer OR - Gratuit

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.

PLUS D'HISTOIRES DE Manila Bulletin

Manila Bulletin

NCR power rates rise in October

Despite a slight drop in the national grid’s power charges, Metro Manila consumers will still see a rate hike this month after Manila Electric Co. (Meralco) raised its transmission charge amid differing billing computations.

time to read

1 min

October 16, 2025

Manila Bulletin

Manila Bulletin

12,500 Emergency Go Bags distributed in San Juan City — Mayor Francis

San Juan City Mayor Francis Zamora on Wednesday, Oct. 15, announced that the city government had already distributed 12,500 Emergency Go Bags to its residents as the city continues to prepare for calamities and disasters, particularly the long-anticipated \"The Big One\" earthquake.

time to read

1 min

October 16, 2025

Manila Bulletin

Current account deficit lingers

The Washington-based multilateral lender International Monetary Fund (IMF) expects the Philippines’ current account deficit to widen by end-2025 and remain elevated through 2026.

time to read

1 mins

October 16, 2025

Manila Bulletin

The memorials of the prophets

But with great irony, those in authority who are at the forefront in honoring the heroes are often the ones who cause the suffering of people for whom heroes had offered their lives.

time to read

3 mins

October 16, 2025

Manila Bulletin

Technology and vigilance are crucial for road discipline

In Metro Manila where traffic is a daily struggle and road rage is too often normalized, one tool has become a silent but powerful enforcer— the camera.

time to read

3 mins

October 16, 2025

Manila Bulletin

Manila Bulletin

Muntinlupa LGU inspects school buildings

The Muntinlupa City government conducted structural safety inspections of school buildings and big structures in Muntinlupa following the series of earthquakes in the country.

time to read

2 mins

October 16, 2025

Manila Bulletin

Manila Bulletin

La Union mall expands SM’s northern presence

SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, is opening SM City La Union, its 89th mall in the Philippines, on Friday, Oct. 17, 2025.

time to read

1 mins

October 16, 2025

Manila Bulletin

Hope at Home: The Medical City champions accessible liver transplantation for Filipinos

Few fears cut deeper than watching a child fight for life.

time to read

3 mins

October 16, 2025

Manila Bulletin

DOJ places 16 more under lookout order over flood control scandal

The Department of Justice (DOJ) issued on Wednesday, Oct. 15, Immigration Lookout Bulletin Orders (ILBOs) against 16 more individuals upon the request of the Independent Commission for Infrastructure (ICI) for alleged involvement in the anomalous flood control projects.

time to read

1 min

October 16, 2025

Manila Bulletin

DOH flags 297 Super Health Centers as 'non-operational'

The Department of Health (DOH) has flagged 297 Super Health Centers (SHCs) across the country as nonoperational, including a P21.4-million facility in Concepcion Dos, Marikina City that remains unfinished years after construction began.

time to read

2 mins

October 16, 2025

Listen

Translate

Share

-
+

Change font size