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RP Issues of 2011

 

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2011, April 25.  Department of Budget and Management (DBM) - 75th Anniversary

Litho Offset.  Amstar Company, Inc.  Perf. 13 1/2

Singles, Sheets of 30  (3 x 10)

 

   7p   DBM Complex with DBM Logo and DBM Anniversary Logo  -  Singles   (76,000)

 

Designers: Victorino Z. Serevo, Mike Mendoza

Design Coordinators:  Usec. Evelyn V. Guerrero, Dir. Virginia G. Garriel, Francis Y. Capistrano, Elenita D.L. San Diego

Photos:  Leonardo D. Sunga, Mike Mendoza, Gil Nartea, Melai Lopez and Roberto Falces

 

First Day Cover:  Manila

   


Department of Budget and Management - 75th Anniversary

The Budget Commission was established by Executive Order (EO) No. 25 issued on April 25, 1936. It became a Ministry by virtue of Presidential Decree (PD) No. 1405, signed on June 11, 1978. Following the pattern in the United States Federal Government, the Budget Commission/Ministry of the Budget (now the Department of Budget and Management) is separate from other fiscal agencies of government like the Ministry/Department of Finance.

1937.  The first Budget Law was passed on December 17, 1937 as Commonwealth Act No. 246. It took effect on January 1, 1938 providing for a line-item budget as the framework of the government.

1954.  On June 4, 1954, Republic Act (RA) No. 992, otherwise called the Revised Budget Act, was enacted providing for an enhanced role of the Budget Commission as the fiscal arm and budgeting adviser of the President.

1972.  The Integrated Reorganization Plan of 1972, under Presidential Decree No. 1, implanted some re-organizational changes in the Budget Commission with four of its units retained: the Budget Operations Office; National Accounting Office; Management Office; and Wage and Position Classification Office (WAPCO).

1973.  The change to a parliamentary form of government was instituted by the 1973 Constitution. The legislative branch of the government then referred to as the Batasang Pambansa, saw the Minister in charge of the budget chairing the Committee on Appropriations and Reorganization. Proclamation No. 3 of President Corazon C. Aquino saw the legislative power temporarily reposed on the President. Budgetary functions once more were exercised by the Office of Budget and Management.

1986 to 1991.  The Provisional Constitution under EO No. 292, issued pursuant to the 1987 Constitution provided for major organizational subdivisions of the Department of Budget and Management.  DBM made three important contributions towards the improvement of fiscal management: the rationalization of funding for resource-demanding area, such as Personal Services and budgetary support to government corporations; the institution of measures to better control the widening of the budget deficit; and the improvement of budget administration, systems and processes.

1992. Under President Fidel V. Ramos, government budgeting took on an added mission -- 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.

1998-2000. 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.

2001.  Under President Gloria Macapagal-Arroyo, the DBM focused its efforts on deepening fiscal responsibility, enhancing the efficiency of public expenditures, and promoting good governance.

2010.  The present administration of President Benigno Aquino III is steadfast in achieving the goals it has set for the country. With 66 years of hardwork and experience, achieving a healthy fiscal position is not so far a distance.

 

TOPICAL CATEGORIES 

 

  • Government Institutions

 

Articles by Dr. Ngo Tiong Tak

 

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Issues of 2011