Budget chief hits VP’s flip-flopping on housing issue

Contrary to the Vice President’s allegations, DBM records show that the four housing corporations headed by Binay—including the National Housing Finance Corporation (NHFC), Social Housing Finance Corporation (SHFC), Home Guaranty Corporation (HGC), and National Housing Authority (NHA)—have received a total of P116.3 billion pesos, beginning 2010 until 2015.


PH scores high in IMF Fiscal Transparency Report

With the country getting a favorable score in the International Monetary Fund’s Fiscal Transparency Evaluation (FTE), the Aquino Administration’s goal of instituting sustainable public financial management (PFM) reforms for greater transparency and accountability is expected to gain more ground.


A briefer on the 2016 Budget Priorities Framework

On March 2015, the Department of Budget and Management (DBM) circulated the National Budget Memorandum No. 124 which details the priorities framework for next year’s spending plan. Click for the briefer by the DBM, outlining how the budget focuses on the five priority areas of the Aquino Social Contract.


2016 Budget Priorities Framework: Pursuing good governance

On March 2015, the Department of Budget and Management (DBM) circulated the National Budget Memorandum No. 124 which details the priorities framework for next year’s spending plan. Click through for a briefer by the DBM, outlining how the 2016 budget will focus on good governance, one of the five priority areas of the Aquino Social Contract.


2016 Budget Priorities Framework: Forging just and lasting peace

On March 2015, the Department of Budget and Management (DBM) circulated the National Budget Memorandum No. 124 which details the priorities framework for next year’s spending plan. Click through for a briefer by the DBM, outlining how the budget focuses on forging just and lasting peace, one of the five priority areas of the Aquino Social Contract.


2016 Budget Priorities Framework: Sustaining growth momentum

On March 2015, the Department of Budget and Management (DBM) circulated the National Budget Memorandum No. 124 which details the priorities framework for next year’s spending plan. Click through for a briefer by the DBM on sustaining growth momentum, an aspect of the Aquino Social Contract.


2016 Budget Priorities Framework: Managing disaster risk

On March 2015, the Department of Budget and Management (DBM) circulated the National Budget Memorandum No. 124 which details the priorities framework for next year’s spending plan. Click through for a briefer by the DBM, outlining how the budget focuses on managing disaster risk, which is part of the Aquino Social Contract.


LGU Internal Revenue Allotment shares not withheld in 2013

The Department of Budget and Management (DBM) said today that Internal Revenue Allotment (IRA) shares of Local Government Units (LGUs) are immediately and 100 percent released to respective LGUs at the start of every year, without any conditions or actions required on their part.