DBM to refine budget data gaps flagged in review

MANILA, Philippines – The Department of Budget and Management (DBM) was tasked with improving budget information after an assessment found lawmakers had limited view into how development cooperation spending supports the Philippine Development Plan. The Philippines scored 0.8 out of 1 for providing Congress with development cooperation budget and financing information, in line with legal requirements, according to the latest Philippine Action Plan for Effective Development Cooperation by the Department of Economy, Planning, and Development (DepDev). READ: DBM launches public spending tracker ahead of 2027 budget submission The findings stemmed from the country’s Fourth Monitoring Round under the Global Partnership for […]...

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