The Department of Budget and Management (DBM) vowed to pass on time President Ferdinand R. Marcos Jr.’s first full-year budget with the cooperation of Congress.
The Department of Budget and Management vowed to pass on time President Ferdinand R. Marcos Jr.’s first full-year budget with the cooperation of Congress.
Under the Constitution, the executive department shall submit the proposed national budget to Congress within 30 days from the opening of the regular session of the Congress. Pangandalam also said that they plan to institutionalize the Cash-Based Budgeting System or the Budget Modernization Bill to strengthen fiscal discipline among government employees.
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