The Department of Budget and Management (DBM) has called on government departments and agencies to prepare for their budget proposals for Fiscal Year 2024.
On January 12, Budget Secretary Amenah Pangandaman issued National Budget Memorandum No. 145 or the National Budget Call, signaling the preparatory stage for the drafting of the National Expenditure Program for next year.
The DBM said budget call seeks to put emphasis on infrastructure development, including the “Build Better More” program as well as digital and social infrastructure. The 2024 budget shall also provide funds for agencies' regional programs which are responsive to the needs of the disadvantaged and lagging LGUs, the agency said.
The interventions will be in the areas of food security, transport and logistics, energy, bureaucratic efficiency and fiscal management, health, education and social protection. “We need to manage our budget efficiently. We should promote fiscal discipline. We expect the agencies’ budget proposals to contain concrete program plans and designs that signify their readiness for implementation,” said Pangandaman.
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