DBM releases P16.89-B for AFP personnel’s subsistence allowance hike

THE DEPARTMENT of Budget and Management (DBM) has approved the issuance of a PHP16.89 billion Special Allotment Release Order (SARO) covering the funding requirements for the increase in military personnel's subsistence allowance.

P3.744-B released for CHEd’s 'Tulong Dunong' scholarship

A TOTAL of PHP3.744 billion has been released to the Commission on Higher Education (CHEd) to fund its “Tulong Dunong” scholarship program which provides financial assistance to qualified and deserving tertiary students, the Department of Budget and Management (DBM) said Thursday.

DBM releases 4th milestone payment for Navy missile corvette project

THE DEPARTMENT of Budget and Management (DBM) has released the fourth milestone payment, amounting to PHP6 billion, for the ongoing construction of two missile corvettes in South Korea's HD Hyundai Heavy Industries (HD HHI).

DBM releases P5.83B for construction of 1,834 new classrooms

THE DEPARTMENT of Budget and Management (DBM) has released a total of PHP5.830 billion for the construction of 1,834 new classrooms nationwide.

920K DepEd teaching personnel to get performance-based bonus

AROUND 920,073 personnel in various public elementary and secondary schools under the Department of Education (DepEd) will receive their performance-based bonus (PBB) for fiscal year (FY) 2021, the Department of Budget and Management (DBM) announced Thursday.