JUNE 5 (Eagle News) — There will be more room in the 2016 budget for new socio-economic programs because of a new budgeting approach by the Department of Budget and Management (DBM). The DBM said it has adopted the Two-Tier Budgeting Approach (2TBA) for fiscal year 2016, which resulted in the creation of budgetary space amounting to around P581 billion for expanded and new programs and projects.   In a statement, the department said this was […]