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From the Front Page: Green-light for fuel tax hike, rebuilding Marawi

In a reversal from their initial stance earlier this month, economic managers are set to issue another recommendation to Malacañang next week, this time...

DBM releases pension differential for AFP, PNP retirees

THE Department of Budget and Management (DBM) has released on Thursday, Aug. 9, the pension differential for retirees of the Armed Forces of the...

DBM orders early procurement for 2019 projects

The Department of Budget and Management (DBM) ordered government agencies to conduct early procurement activities for 2019 projects to speed up the delivery upon...

DBM chief warns of SC ruling’s fiscal risk

THE GOVERNMENT’S fiscal position may be at risk from the Supreme Court (SC) ruling that local governments’ share in state revenues includes all national government taxes, not just those collected by the Bureau of Internal Revenue (BIR), Budget Secretary Benjamin “Ben” E. Diokno said on Wednesday.

May sees infra, other capital outlays rise

INFRASTRUCTURE and other capital outlays continued to surge in May, the Department of Budget and Management (DBM) said on Wednesday, backing projections that gross domestic product (GDP) growth caught up with the official target this quarter.

DBM’s Diokno says not yet time to lower value-added tax rates

THE GOVERNMENT will let the comprehensive tax reform proposals run their course first before studying the possibility of a lower value-added tax (VAT) rate, the Budget secretary said.

Construction of railway for Subic-Clark cargo train to start next year...

The government’s plan to build a cargo train railway connecting Subic to Clark is targeted to start next year, Budget Secretary Benjamin E. Diokno...

DBM chief sees Philippines bagging credit rating upgrade within the year

THE DEPARTMENT of Budget and Management (DBM) expects an improvement of the Philippines' sovereign credit rating this year, noting that it will be favorable...

Recto: DBM-led Pasig River transport revival won’t suffer same fate as...

Senate President Pro Tempore Ralph G. Recto on Thursday, April 5, expressed hopes that the rehabilitation plan of the Department of Budget and Management...

Allowances for gov’t workers to rise by P1,000

GOVERNMENT workers will receive an additional P1,000 in allowances this year after the Budget department approves guidelines for its release. “We increased the uniform allowance...

Budget chief notes bonuses of teachers pending with DepEd

By Arjay L. Balinbin THE DEPARTMENT of Budget and Management (DBM) has no definite date yet as to when it can release the performance-based bonuses...

Tax reform to support SSS contribution hike

THE COUNTRY’S Budget chief said it is high time to raise the contribution rates of Social Security System (SSS) members as they could easily...

Gov’t mulls tax amnesty next year

By Elijah Joseph C. Tubayan Reporter THE GOVERNMENT may offer a general tax amnesty next year after showing it means business in running after delinquents, the...

DBM hoping for 2018 budget approval by October

By Elijah Joseph C. Tubayan, Reporter THE Department of Budget and Management (DBM) is optimistic budget legislation for 2018 will be passed by October, alongside the...