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List of 377,443 driver beneficiaries to be provided by LTFRB Fuel subsidies and fuel discounts part of PHL gov’t’s response to cushion impact of successive oil price hikes (Eagle News) – The Philippine government has released P2.5 billion funds for the fuel subsidy program to help public utility drivers affected by the continuing and increasing oil price hikes due to the escalating tensions between Russia and Ukraine. Around P6,500 will be distributed to the 377,443 […]
(Eagle News) — The Procurement Service of the Department of Budget and Management is implementing a 10-day lockdown on its main offices after it logged 82 COVID-19 cases so far. According to the PD-DBAM, the cases were confirmed following a recent RT-PCR testing of its employees. It said as a result, the lockdown applies to its offices in Paco and San Miguel in Manila until September 5. “This is to allow the agency to conduct […]
(Eagle News)–President Rodrigo Duterte has named former Davao City administrator Wendel Avisado as the new Department of Budget and Management secretary. Avisado takes the place of Janet Abuel, who had been named officer-in-charge of the department after then-Budget Secretary Ben Diokno was named governor of the Bangko Sentral ng Pilipinas. Executive Secretary Salvador Medialdea said Avisado will take the helm of the DBM in an acting capacity. Avisado, lawyer, was the city administrator from 2004 […]
(Eagle News) – The Implementing Rules and Regulations (IRR) for the Rice Tariffication Act had already been signed by the National Economic and Development Authority (NEDA) and the Department of Budget and Management (DBM), Malacanang said on Tuesday, April 2. Presidential Spokesperson Salvador Panelo said that this was also discussed during the Cabinet meeting on Monday, April 1, convened by President Rodrigo Duterte. “The IRR is already signed by the NEDA and the DBM while […]
(Eagle News) — President Rodrigo Duterte administered the oath of office of newly installed Bangko Sentral ng Pilipinas (BSP) governor Benjamin Diokno who will serve the remainder of the late Nestor Espenilla’s six-year term which ends in July 2023. Diokno was accompanied by his wife, Jo Ann Camacho, and son, Antonin Camacho during his oath-taking on Wednesday, March 6, in Malacanang. Diokno, who was previously Duterte’s budget and management chief, has extensive experience in […]
(Eagle News) — The Department of Budget and Management on Tuesday, March 5, expressed confidence the Bangko Sentral ng Pilipinas and the Philippine economy in general were “in good hands” with Benjamin Diokno at the helm of the BSP and the Monetary Board. In a statement, the DBM said “Secretary Ben, a lifelong public servant and economics professor,” after all, “embodies the decisive leadership, professional experience, and technical competence needed in a central bank governor.” […]
(Eagle News) — House appropriations committee chair Rolando Andaya Jr. on Friday, Feb. 8, accused Budget Secretary Benjamin Diokno of trying to”bribe” the House of Representatives into “shut(ting) up” about the P75-billion “insertion” in the proposed national budget. According to Andaya, the “P40-billion bribe” was offered during a meeting with Diokno, Budget Undersecretary Mina Pangandaman and a friend he did not identify. He said it was Pangandaman who invited him to the meeting, and that […]
(Eagle News) — Budget Secretary Benjamin Diokno has allowed the release of the fourth tranche of increase of salaries of some government workers. House Majority Leader Rolando Andaya Jr., who made the revelation in a statement, said, however, that the order applies only to workers in local government units and in government-owned and -controlled corporations based on Local Budget Circular No. 118 and Corporate Budget Circular No. 23 signed by Diokno last Tuesday. “Now, (Diokno) realizes […]
Duterte, members of his cabinet, extremely disappointed over inappropriate “disrespectful” conduct of House members in grilling of DBM chief (Eagle News) — President Rodrigo Duterte is dismayed with the House Resolution which sought his reconsideration of the appointment of Budget Secretary Benjamin Diokno, as all members of the Duterte cabinet expressed their support for Diokno, vouching for his integrity and competence. Presidential Spokesperson Savador Panelo read statements of support from various members of the […]
(Eagle News) – Budget Secretary Benjamin Diokno warned of “detrimental” effects to the country’s economy in case Congress fails to approve the proposed 2019 national budget of PHP3.757-trillion. According to Department of Budget and Media estimates, a reenacted budget would reduce disbursements by around PhP220 billion by 2019. Diokno said the growth impact of such a reduction would be “detrimental” and could lead to an economic slowdown. “While ‘the sky will not fall down’ […]
(Eagle News) – Malacanang will investigate allegations of corruption in the P75 billion added in the budget of the Department of Public Works and Highways (DPWH) which Budget Secretary Benjamin Diokno had admitted to have been responsible for. “Since there is an allegation of corruption, it follows that we have to investigate,” Panelo said in a Palace briefing. The Palace spokesperson noted that Diokno had already denied that there was any corruption involved in this. […]
(Eagle News) — Maaaring mawalan ng trabaho ang nasa 15,000 health workers kasunod ng pagkakaroon ng mababang budget ng Department of Health (DOH) sa susunod na taon. Sinabi ni Health Secretary Francisco Duque, maraming mga kontraktwal na manggagawa ang posibleng matanggal sa kanilang posisyon. Una rito, iginiit ng Department of Budget and Management (DBM) na ang isa sa mga maapektuhan ng budget cut ang health human resources deployment dahil ang pondo ay inilipat sa maintenance […]
