Government Budgeting

Top 10 Questions on the Grant of Mid-Year Bonus (MYB), Answered

1. What is the latest legal basis on the grant of Mid-Year Bonus? As of date (May 2026), the latest guidelines on the grant of Mid-Year Bonus is Budget Circular No. 2017-2 dated May 8, 2017 entitled Rules and Regulations on the Grant of Mid-Year Bonus for FY 2017 and Years Thereafter [Click here to […]

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How much is the uniform and clothing allowance of government employees for 2023?

Each qualified government employee is entitled to P6,000.00 of uniform and clothing allowance per year. Section 58 of the General Provisions of the Fiscal Year (FY) 2023 General Appropriations Act (GAA) provides that an amount not exceeding Six Thousand Pesos (P6,000) per annum is authorized for the payment of uniform and clothing allowance of each

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Guidelines on the grant of P25,000.00 CNA incentive for CY 2022

Legal Basis The Department of Budget and Management issued Budget Circular No. 2022-3 to provide guidelines on the grant of collective negotiation agreement (CNA) incentive for CY 2022. The other legal bases on the grant of CNA incentives are the following: Agencies covered by the CNA incentive guidelines Budget Circular No. 2022-3 is applicable to

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DBM Circular on Registration Fees (Trainings/Seminars) โ€” NBC No. 563, s. 2016

Purpose The Department of Budget and Management issued National Budget Circular (NBC) No. 563 in 2016 to update the guidelines and the allowable cost of participation of government officials and employees in conventions, seminars, conferences, symposia, and other similar gatherings, prescribed under National Budget Circular (NBC) No. 442 dated March 29, 1992 and NBC No.

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How to compute monetization of leave credits?

Question/Topic: A national government employee, SG 19 (P49,835.00) requested to monetize his 30 days leave credits. The agency Accountant certified that there is available Personnel Services allotment to cover the request and the agency head approved the payment of the same. How much will the employee receive for his monetized leave credits? Answer The formula

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