The Department of Budget Management (DBM) is set to submit next week to President Ferdinand Marcos Jr. the proposed amendments
In a Senate hearing on Wednesday, Budget Secretary Amenah Pangandaman said she was strongly pushing for amendments to the decades-old Republic Act 9184, also known as the Government Procurement Reform Act, to further help government agencies address difficulties in the procurement of their programs, activities and projects, which is identified as one of the biggest problems in government spending.
Following the President’s approval, a physical version of the bill would be delivered to both the Senate and the House for subsequent filing. Last week, Pangandaman issued Circular Letter No. 2023-10 requiring agencies to submit “catch-up plans” to facilitate budget execution for the rest of 2023. Pangandaman said the underspending was due to the substantial outstanding checks worth P124.1 billion as reported by government-servicing banks; lower-than-programmed interest payments;
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