{ FOR THE INFORMATION OF JUAN DE LA CRUZ ON HOW HIS PENNY AND THAT - TopicsExpress



          

{ FOR THE INFORMATION OF JUAN DE LA CRUZ ON HOW HIS PENNY AND THAT OF OTHERS ARE BEING MANAGED AND BUDGETED BY ONE OF THE GOVERNMENT DEPARTMENTS OF THE REPUBLIC OF THE PHILIPPINES. } The Department of Budget and Management of the Republic of the Philippines (DBM) (Filipino: Kagawaran ng Pagbabadyet at Pamamahala) is an executive body under the Office of the President of the Philippines. It is responsible for the sound and efficient use of government resources for national development and also as an instrument for the meeting of national socio-economic and political development goals. A Budget Office was formed to assist in the preparation, enactment and implementation of such appropriations made by law. Four divisions made up the Office: A Budget Division took charge of agency regular budgets; an Expense-Central Division took care of special budgets; a Service Inspection Division screened appointments and requests for the creation of positions; and an Administrative Division handled routine administrative matters. In 1992, under Fidel V. Ramos, government budgeting aimed to make the National Budget an instrument for breaking the boom and bust cycle that had characterized the Philippine economy in the past. Beyond sustaining the operations of government and its projects, the budget became an economic stimulus and a means to disperse the gains of economic development. At the outset of Joseph Estrada’s presidency, the Asian financial crisis that characterized the period prompted the national leadership to take a second look at the country’s economic policies and strategies. To maintain macroeconomic stability in light of the effects of the economic turmoil, the government had to raise domestic demand by sustaining expenditures and pump-priming the areas of public infrastructure and social services. It had to adopt an expansionary fiscal policy by allowing a reasonable level of cyclical deficit to be financed largely through foreign borrowing while offsetting the negative impact of deficit by introducing structural reforms in the budget process. During this period, from mid-1998 to end of 2000, the DBM continued to introduce budgeting reforms that were meant to improve cash management, reduce uncertainty in allotment and cash flow, and enhance transparency and accountability. Under President Gloria Macapagal-Arroyo, the DBM focused its efforts on deepening fiscal responsibility, enhancing the efficiency of public expenditures, and promoting good governance. Along with these major areas of concern, it intensified efforts at strengthening inter-governmental relations, eliciting increased participation from the private sector in the overall budget process and in intensifying public information on the administration’s fiscal policy, thrusts, and budget policies and procedures. It likewise stepped up efforts at enhancing internal management in line with its vision to be seen as an organization that influences the spending behavior and management of resources of agencies towards transparency, equity and accountability. On April 25, 2011, the Department celebrated its 75th Anniversary. It was kicked-off with a flag-raising ceremony and a signing of a pledge of commitment by all its employees and executives, including Sec. Florencio Abad. In the evening of the same day, the entire DBM family went to the Philippine International Convention Center in Pasay City for a grand ball in honor of the Departments unwavering service to the country. President Benigno S. Aquino III graced the event and delivered his speech. { THE DBM WAS FORMED TO ASSIST IN THE PREPARATION, ENACTMENT AND IMPLEMENTATION OF SUCH APPROPRIATIONS MADE BY LAW. THE LAW AS IT SAYS IS WHAT IS WRITTEN IN THE COUNTRYS CONSTITUTION OR IF THERE IS SUCH AMENDMENTS MUST BE LEGISLATED, PASSED AND APPROVED BY THE HOUSES OF SENATE AND CONGRESS. PDAF, DAP AND WHATEVER PORK WOULD THERE BE OR THEY MAY CALL, ARE TO ORIGINATE FROM THE OFFICE OF THE PRESIDENT THROUGH THE DBM WITH THE APPROVAL OF THE HOUSES, IF SUCH FALLS UNDER A SPECIAL-FISCAL BUDGET POLICY OR WHAT YOU MAY CALL IT. THE REPRESENTATIVES OF THE HOUSES SHOULD THEREFORE BE LIMITED TO LEGISLATION AND PASSING OF SUCH LAW. THEY COULD NOT BE THE PROJECT ORIGINATORS, IMPLEMENTING AGENTS AND AT THE SAME TIME LAWMAKERS AND/OR LEGISLATORS. THERE MUST BE SOME OTHER WAYS TO PUT THIS SYSTEM IN THE RIGHT PROSPECTIVE CONSIDERING THE NEST OF BRIGHT PEOPLE IN THE DBM. }
Posted on: Mon, 04 Nov 2013 06:23:09 +0000

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