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Fiscal balance back in deficit in February despite 2019 budget delay

A SURGE in state spending, despite delayed enactment of the P3.757-trillion national budget for 2019, fueled the fiscal deficit to grow nearly half in February, the Bureau of the Treasury reported on Friday.

Salary increase for gov’t workers seen by February

GOVERNMENT WORKERS can expect to receive higher salaries next month as the 2019 budget is expected to be signed into law, the country’s Budget chief said, adding that succeeding pay hikes will be revealed later this year.

No special session for 2019 budget — Palace

MALACAÑANG on Friday said President Rodrigo R. Duterte will no longer call for a special session for Congress to finish its deliberations on the proposed 2019 budget.

Budget faces reenactment under Senate schedule

THE SENATE is targeting to approve the proposed P3.757 trillion national budget for 2019 on third and final reading by Jan. 16, paving the way for a possible reenacted budget in January next year.

DBM releases P2.29 billion for Marawi social projects

THE DEPARTMENT of Budget and Management (DBM) has released P2.29 billion for social projects under the Marawi City Rehabilitation and Recovery program. The projects, which...

Villar asks DBM to allot P10 billion annually for rice farmers

Senate Committee on Agriculture and Food chairperson Cynthia A. Villar requested that the Department of Budget and Management to allocate additional funds for rice...

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...

Gordon calls for hike in military budget

Senator Richard J. Gordon on Tuesday, July 3, called for an increased budget of the Armed Forces of the Philippines (AFP) in order to...

Roadwork and new buildings see surge in capital outlays in May:...

Infrastructure and other capital outlays continued to surge in May, due to roadwork and building construction, the Department of Budget and Management (DBM) said...

Government cash usage rises in May vs April

NATIONAL GOVERNMENT agencies’ cash use accelerated in the middle of the second quarter, according to data from the Department of Budget and Management (DBM).

Infrastructure, other capital outlays surge

STATE SPENDING on infrastructure and other capital outlays nearly doubled in April as the government ramped up construction and improvement of roads and flood control systems and bought more equipment for its schools, the Budget department reported on Wednesday.

LGU share of internal revenue allotment up by 7% — DBM

THE BUDGET department has fully released local government units' (LGUs) share in national government taxes as of mid-April. According to the Department of Budget and...

Gov’t releases P448 million for workers displaced by Boracay shutdown

THE government has released P448 million to finance livelihood programs that will benefit workers affected by Boracay’s six-month closure. These funds, which were released to...

Budget department wants to use Dengvaxia refund for medical assistance to...

THE BUDGET DEPARTMENT will ask the House committee on appropriations to file a supplemental budget that would allow the use of the refunds from...

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...

Bicameral budget talks start amid differences

BOTH CHAMBERS of Congress yesterday began meeting in a bid to ensure Dec. 19 enactment of next year’s proposed P3.767-trillion national budget, amid major...

Budget, tax reform in Senate, ahead of bicam talks

IN WHAT is expected to be at least three weeks left for Congress to pass the priority legislation of President Rodrigo R. Duterte’s administration,...

Senate budget debates begin with funds for drug war

SENATORS ON Thursday, Nov. 16, debated over the realignment of P900 million for the Philippine National Police’s (PNP) anti-illegal drug campaign “Oplan Double Barrel”...

Davao OK’s P7.8-B budget for 2018

THE CITY’s legislative body has approved the proposed P7.8-billion budget for 2018, which is P2 million lower than the P8-billion allocation this year. The...

Duterte sacks budget undersecretary for corruption

PRESIDENT Rodrigo R. Duterte has axed a budget official for alleged corruption, Presidential Spokesperson Ernesto C. Abella said in a press briefing in Malacañang...

ACPC gets higher budget

THE Agricultural Credit Policy Council’s (ACPC’s) budget for next year climbed by more than a fifth from 2017’s as the Department of Agriculture (DA)...

Drilon threatens to block Customs budget

SENATE Minority Floor Leader Franklin M. Drilon has threatened to block the Customs’ bureau’s proposed P3.105-billion budget if an order that has exempted containerized...

Congress to be sought for budget on Marawi

By Melissa Luz T. Lopez Senior Reporter THE EXECUTIVE will be asking Congress to pass a supplemental budget once it finalizes rehabilitation plans for Marawi City,...

Senate finance committee approves DoJ 2018 budget

THE Senate Committee on Finance has approved the P17 billion budget of the Department of Justice (DoJ) after postponing deliberations on the department’s funding...

Earth’s 2017 resource ‘budget’ spent by next week — report

PARIS -- Humanity will have used up its allowance of planetary resources such as water, soil, and clean air for all of 2017 by...

Infrastructure spending picks up amid concerns

By Elijah Joseph C. Tubayan and Ian Nicolas P. Cigaral, Reporters STATE infrastructure and other capital outlays surged in May, according to the Department of...

Philippine government's fiscal performance (as of January 2016)

The government posted a budget deficit in January this year, but economists believe state spending should have increased faster ahead of the March 25-May...

Philippine government disbursement performance

>> Read the related story: Spending on infra falls short despite Sept., Q3 rise

The impact of budgets

Getting The Edge In Professional Selling — Terence A. Hockenhull What can a salesperson do when a customer rejects a suggested product based on cost? One...