PBBM, muling nanindigan sa pagkakaroon ng transparent at transformative leadership sa pamamagitan ng Public Financial Management (PFM) Reforms Roadmap 2024-2028

3 months ago

PBBM, muling nanindigan sa pagkakaroon ng transparent at transformative leadership sa pamamagitan ng Public Financial Management (PFM) Reforms Roadmap 2024-2028

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Transcript

00:00President Ferdinand R. Marcos Jr. insisted that transparency and proper use of the country's funds should be ensured

00:07along with the support of technological innovation and digitalization.

00:11Alan Francisco with the report.

00:16With this roadmap, we give a clear mandate of ensuring that the money entrusted to us by the people

00:22serves a purpose that truly matters, that will make a difference.

00:27President Ferdinand R. Marcos Jr. insisted on the commitment of his administration

00:32to a transparent and transformative leadership.

00:35He said that when he led the ceremonial endorsement of the Public Financial Management Reforms Roadmap

00:422024-2028 in Malacanang.

00:45The chief executive said that the ceremony is more than just an endorsement of the policy,

00:51but it is also a support from the government for change.

00:54This includes ensuring proper use and transparency in the public funds.

01:00President Marcos' commitment will help to strengthen the government's services

01:06such as disaster relief and response actions, public health care, social services, and others.

01:13In this new PFM, we are committed to synchronized planning and budgeting at our local, regional, and national levels

01:21as well as streamlining our institutional frameworks to reduce the time spent on bureaucratic processes.

01:27Last year, President Marcos passed Executive Order No. 29

01:32that establishes the Public Financial Management Information Systems.

01:36This includes the support for technological innovation and digitalization.

01:41Because true progress is about moving beyond what we have always done and questioning how much we can be,

01:48true progress is about how we find ways to flourish in this ever-changing world.

01:54The Public Financial Management Reforms is formed by the Budget Department,

01:58including the Commission on Audit, Bureau of Treasury, NEDA, and others.

02:03With the strong support of our partners, especially with ADB,

02:06I am confident that the PFM Reforms Roadmap anchored on the Philippine Development Plan 2023-2028

02:15will lead the nation to a higher growth trajectory and ultimately to reducing poverty and achieving genuine prosperity.

02:24Consider yourselves as the forerunners of this new era, this Bagong Pilipinas that we are building.

02:30Alan Francisco for Pabansang TV in Bagong Pilipinas.

PBBM, muling nanindigan sa pagkakaroon ng transparent at transformative leadership sa pamamagitan ng Public Financial Management (PFM) Reforms Roadmap 2024-2028

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