THE Department of Budget and Management (DBM) released a framework that government agencies must follow in identifying their budget priorities for the coming year.
In its National Budget Memorandum 140 signed by Budget Secretary Wendel Avisado last May 24, the DBM said the fiscal space for 2022 available for the Tier 2 budget is "very limited" given the negative impacts of Covid-19 pandemic on economic activity and government revenue since last year.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.