DICT secretary appeals for cybersecurity budget in confirmation hearing

THE COMMISSION on Appointments on Tuesday approved the nomination of Ivan John E. Uy as Department of Information and Communications Technology (DICT) secretary.   During the hearing, Mr. Uy said his agenda was to enhance the country’s cybersecurity preparedness and appealed for budgetary support from Congress.    “It is a very relevant issue today as we see […]

EXPLAINER: Public hearing on Cebu City budget spotlights Sanggunian dilemma: screen expenses or raise taxes first. On P50 billion 2023 outlay, Vice Mayor Garcia says, ‘So what?’ Risky for treasurer, bad for City Council, say Councilors Pesquera, Archival.

WHICH TO DO FIRST. The first of a series of public hearings on the proposed P50 billion budget for 2023 opened Monday (December 5, 2022) with the City Council committee on budget and finance locked in an intense discussion on the dilemma of what to do first. Should they review now the appropriations of about […]

Senate told to rein in parochial interest in 2023 budget measure

POLITICAL analysts said all local infrastructure projects should have been identified already to avoid lump sum appropriations in the budget. — PHILIPPINE STAR/ MIGUEL DE GUZMAN By Alyssa Nicole O. Tan, Reporter THE SENATE should ensure that the bicameral version of next year’s budget bill aligns with national priorities rather than local interests, political analysts […]

PHL told to improve people’s participation in budget process 

THE PHILIPPINES needs to include more ordinary people or representatives from civic groups in the budget process, according to observers, after the country fared poorly on people’s participation in public budgeting in a survey that measured access to and inclusiveness of budget decisions of 120 countries.   The Congress should “allow any member of the public […]

Ejercito appeals to restore slashed budget for 2 rail transport projects  

SENATOR Joseph Victor “JV” G. Ejercito has asked Congress to restore the slashed allocation in the 2023 budget for the North-South Commuter Railway System and the first phase of the Metro Manila Subway System, noting that the funds are necessary for right-of-way acquisition and value-added tax payments.   “If ever there are budget cuts, definitely, the […]

Overspending on 2022 budget offset by strong gov’t revenue, economists say

THE fiscal consolidation program remains on track with government revenue stronger than expected, economists said, ruling out the need for belt-tightening after the government exceeded its 2022 budget. “I’m not particularly concerned about this level of over-spend — for now — partly because the fiscal consolidation plan is broadly on track for a deficit of […]

Budget dep’t to quantify savings through PS-DBM procurement

SENATOR Juan Edgardo “Sonny” M. Angara, who chairs the Senate Finance Committee, on Wednesday said the Budget department will be providing a detailed report on past and potential savings from bulk purchases through its Procurement Service as another legislator questioned the need for the agency.  Senate Minority Leader Aquilino Martin D. Pimentel III questioned the […]

Senate sets third week of November as target for passing budget measure

THE SENATE is confident of passing its version of the proposed P5.268-trillion budget for 2023 by the third week of November, with the conclusion of budget hearings as scheduled. “I am grateful to all our hard-working Senators for ably steering their respective sub-committees, and for keeping us on track with our budget timeline,” Senate President Juan […]

P3.1B budget for Lapu proposed to help tackle floods, traffic, trash

LAPU-LAPU City Mayor Junard “Ahong” Chan has proposed a P3.1 billion annual budget for 2023. City Councilor Annabeth Cuizon, who chairs the committee on finance, told SunStar Cebu Thursday, Oct. 13, 2022, that the P3,141,330,761 proposed budget includes funds for the operations of the hospital and market and slaughterhouse, which are special accounts. Of the […]

2022 budget release rate 99.7% at end-September

THE Department of Budget and Management (DBM) said P5.01 trillion or 99.7% of the 2022 budget had been released to national agencies and local government units (LGUs) at the end of September. The DBM’s Allotment Release report indicates that P12.76 billion remains undistributed. The releases are 15.1% of the year-earlier total of P4.35 trillion, which accounted […]

Zubiri says gov’t will be ‘thrifty’ next year as Senate wraps up budget deliberations

SENATE President Juan Miguel F. Zubiri on Thursday said the upper chamber of Congress is on schedule as it directs budget deliberations towards the country’s recovery, with proposed funds focused on revenue generation and programs to tame inflation.    “The direction of the national government as you can see in the budget is, first of all, […]