The Department of Budget and Management (DBM) defines fiscal space as the available funding that the government could use for its priority programs. Fiscal space is computed as the difference between projected obligations ceilings (after considering projected revenues and deficit …

What is Fiscal Space? Read more »

The Department of Budget and Management (DBM) defines forward estimates (FEs) as projections or estimation of the future costs of existing policies. It also serves as the validation instrument of determining the reasonable levels of agency proposals on existing programs/activities/projects. …

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The Department of Budget and Management issued National Budget Memorandum (NBM) No. 135 to remind government agencies on their compliance with the required submission, i.e., via OSPBS of the pertinent Budget Preparation Forms and to give updates on the status …

Reminder on the Required Encoding of Budget Preparation Forms in the Online Submission of Budget Proposals System (OSBPS) Read more »

This Circular was issued by the Department of Budget and Management (DBM) to prescribe the guidelines on the grant of the COVID-19 Special Risk Allowance pursuant to Administrative Order No. 28 Download Budget Circular No. 2020-2 dated April 7, 2020 …

Guidelines on the Grant of Special Risk Allowance to Frontline Public Health Workers During the Period of Enhanced Community Quarantine Relative to the COVID-19 Outbreak Read more »

Question: Hello po, is it proper po ba sa isang agency na ma-delay yung pagbibigay ng Mid-Year Bonus sa dahilan na hindi pa tapos ang processo ng SPMS? Ang sabi po sa DBM Circular sa pagbibigay ng MYB under 5.3.1 …

Pwede bang ma-delay o hindi i-release ang Mid Year Bonus ng isang Agency dahil wala pa itong basis ng Performance Rating ng mga empleyado nito? Read more »