Tag: Department of Budget and Management (DBM)

2.6B released to DSWD for social pension, other social welfare programs

MANILA, May 31 – The total budget approved by Congress for social pension and other social welfare programs of the Department of Social Welfare and Development (DSWD) was released last week, according to the Department of Budget and Management (DBM). The amount of P2.6-billion, which is part of the “For Later Release” (FLR) appropriation under the DSWD budget this year, will fund the Social Pension for Indigent Senior Citizens, Protective Services for Individuals and Families in Difficult Circumstances, […]

PH to pay P586-M of total Panguil Bay Bridge project

MANILA, Apr. 29 — The national budget will fund P586 million of the total P4.9 billion cost for the construction of the pioneering Panguil Bay Bridge project in Northern Mindanao, the Department of Budget and Management (DBM) said during the ceremonial signing today of the loan agreement between the Philippine Government and the Export-Import Bank of Korea-Economic Development Cooperation Fund (KEXIM-EDCF). P4.2 billion will be funded through loan proceeds, while the remaining P586 million will be […]

Gov’t inks deal with PAL on domestic airline travel

MANILA, Apr. 27 — The Department of Budget and Management’s (DBM) Procurement Service-PhilGEPS signed a General Fares Agreement (GFA) with the Philippine Airlines (PAL) on domestic airline travel for an initial 23 national government agencies. Under the Agreement, all official domestic trips of government officials, employees and personnel will be given 8 percent discount for economy class reservations, 10 percent discount for business class, additional baggage allowance, and waiver of processing fee worth P250 per […]

DBM says 2017 budget to strengthen support for cities

MANILA, April 27 – The Department of Budget and Management announced that a total of P16.7 billion will be allocated in the 2017 national budget to implement Bottom-up Budgeting (BuB) and the Konkreto at Ayos na Lansangan ang Daan Tungo sa Pangkalahatang Kaunlaran (KALSADA) Program for cities nationwide. 2017 will be the 1st year for KALSADA and the 5th year for BuB for cities. Of the P16.7 billion, P13.5 billion will be for KALSADA for […]

P35B proposed for FY 2017 Bottom-Up Budgeting projects

MANILA, Philippines (PIA) — The Department of Budget and Management (DBM) announced today that funding for proposed projects under the FY 2017 Bottom-up Budgeting (BuB) Program will total P35 billion, up by P10.3 billion from this year’s BuB budget. Of the P35 billion proposed budget for BuB, funds amounting to P19.7 billion—or more than 50 percent of the total—will be downloaded to beneficiary local government units (LGUs). These are cities and municipalities that have complied […]