DBM, tiniyak ang sapat na pondo para sa mga programa at proyekto ng pamahalaan

2 months ago

DBM, tiniyak ang sapat na pondo para sa mga programa at proyekto ng pamahalaan

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Transcript

00:00The Department of Budget and Management is ready to collect the necessary funds for various programs and projects of the government.

00:10Isaiah Mirafuertes is in the center of the news.

00:16President Ferdinand R. Marquez Jr. is encouraging the Department of Budget and Management

00:21to collect the necessary funds for legacy projects and programs that are affected by adjustments or changes to the 2025 General Appropriations Act of the Congress.

00:31If you remember, just this month, President Ferdinand R. Marquez Jr. ordered various government agencies to review and collect programs or projects that are priority and ready to be implemented.

00:43Also included are those that need to be revisited for possible savings to be reprogrammed or reprioritized.

00:50According to the DBM, they are ready to mediate the funding deficiencies of the Departments for the fiscal year 2025.

00:58Through the modifications of the allotment, the use of savings to augment deficient items or the use of contingent funds or program appropriations and others.

01:08First, according to the DBM, the available allotments within the budget of the agency can be declared as savings.

01:16Second, the contingent fund can be topped to cover the funding requirements of new or urgent projects.

01:23And lastly, according to the DBM, the infrastructure programs and social programs under the SAGIP program can be covered by program appropriations.

01:33Again, the budget department was given the authority by President Marquez to resolve the validated funding deficiencies.

01:40Now, according to the agency, they understood that the process must comply with the laws related to budgeting, accounting, and auditing.

01:50Isaiah Mirafuentes for Pambansang TV in Bagong, Philippines.

DBM, tiniyak ang sapat na pondo para sa mga programa at proyekto ng pamahalaan

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