Tag: Finance department

House appropriations committee endorses P18.68 billion DOF budget

  The Committee on Appropriations of the House of Representatives has already formally endorsed for congressional approval the proposed P18.68-billion budget of the Department of Finance (DOF) under the new cash-based system in which the implementation of projects and the procurement of goods and services are done within the given fiscal year. Finance Secretary Carlos Dominguez III said the DOF budget for 2019 is 3 percent or P630 million lower than the appropriation for the […]