Government Budgeting

24 May 2021

Revised Guidelines on the Grant of the Special Hardship Allowance for Teachers and School Heads

Legal Basis and Purpose The Department of Budget and Management (DBM) and the Department of Education (DepEd) jointly issued DBM-DEPED Joint Circular No. 1, series of 2021 to update the guidelines on the grant of Special Hardship Allowance (SHA) and ensure consistency with the provisions of the Magna Carta for Public School Teachers, as well as responsiveness to the challenges of teachers in the field. The DepEd and DBM will be issuing the implementing rules and regulations (IRR) of this Joint Circular. What is a Special Hardship Allowance? Special Hardship Allowance refers to additional compensation generally paid to teachers who...

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11 Mar 2021

Updated COA-DBM Policies on Accounts Payables that remain outstanding for two years or more

On March 8, 2021, the Commission on Audit (COA) and the Department of Budget and Management (DBM) issued a Joint Circular (JC) prescribing the updated policies of the government with regards to accounts payables (A/Ps) that remain outstanding for two (2) years or more. [ad_1] The newly-issued JC aims to prescribe implementing guidelines for Executive Order No. 87 which was signed by President Duterte on August 13, 2019. All accounts payable of national government agencies (NGAs) and government-owned and controlled corporations (GOCCs) maintaining Special Account in the General Fund (SAGF) are covered by the JC except for: 1) trust or...

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