PHILIPPINE ECONOMIC BRIEFING GINANAP; New Government Procurement Act at New Government Procurement Act

Pinangunahan ng Department of Finance (DOF) at Bangko Sentral ng Pilipinas (BSP) Philippine Economic Briefing (PEB) ngayong taon 2024 na may temang, ‘PH On-the-Go: Fast-Tracking Economic Progress’, na ginanap sa Philippine International Convention Center (PICC) sa Pasay City ngayon (May 27, 2024).

Mga Senior officials mula sa economic development at infrastructure agencies, kasama rin ang mga kinatawan ng pribadong sektor upang talakayin ang mga napapanahong mga kaganapan at mga plano para maging competitive destination para investment growth at job creation ang Pil;ipinas.

Ang mga panel discussions ay ang mga sumusunod: Panel 1: Shaping a Macroeconomic Landscape Conducive for Investments Panel 2: Driving Investments to PH: Removing Roadblocks and Increasing Competitiveness Panel 3: Navigating PH’s Investment Landscape: Where to Invest?

Highlights ng PEB 2024 ay ang commitment ng bansa to accelerating economic growth sa pamamagitan ng sustained momentum, major infrastructure projects, innovation at technology, attractive investment opportunities, sustainable at inclusive development at policy reforms. layunin nitong ipakita ang proactive economic management at encourage stakeholders’ participation sa pag unlad ng bansa.

Naroon at nakibahagi sina Finance Secretary Ralph Recto at Bangko Sentral ng Pilipinas Governor Eli M Remolona Jr.///Michael Balaguer, 09262261791,


DBM Press Statement 21

May 2024 On the passage of the proposed New Government Procurement Act (NGPA) at the Senate

Department of Budget and Management (DBM) Secretary Mina F. Pangandaman wishes to express her gratitude to the Senate for the swift approval of the Senate Bill No. 2593, or the proposed New Government Procurement Act (NGPA) which aims to improve and modernize the government procurement system in the country.

The Senate immediately passed the proposed measure on third and final reading today, 21 May 2024. “We have nothing but gratitude to the Senate leadership, especially to Senator Sonny Angara, who authored and sponsored the bill and have been with us in pushing for the modernization of the government’s central procurement system,” Secretary Pangandaman said.

“This is also a huge achievement for the PS-DBM, headed by Executive Director Atty. Dennis S. Santiago, as well as the Government Procurement Policy Board – Technical Support Office, led by Executive Director Rowena Ruiz, as they have contributed significantly in drafting the bill.

We are very much looking forward to the enactment of this important measure that will promote a government procurement system that is efficient, transparent, reliable, and accountable,” the Budget Secretary added. To recall, the House of Representatives likewise approved the procurement reform bill, which seeks to amend the decades-old Republic Act No. 9184, on 12 December 2023.

The NGPA, considered a priority by the Legislative Executive Development Advisory Council, includes key reforms aimed at putting an end to side deals, under-the-table agreements, uncompetitive behavior, corruption, and other criminal activities.

Amendments were introduced to make government procurement more transparent, competitive, streamlined, sustainable, and inclusive. Notable among the proposed amendments is the adoption of an electronic procurement system known as the eMarketplace that shall digitalize the procurement of common-use supplies and equipment by serving as the government e-commerce platform.

“As what I would always emphasize, the perfect time to amend the decades-old procurement law is now,” Secretary Pangandaman expressed.



New Government Procurement Act; commits to fulfilling Health Emergency

Allowance arrears Department of Budget and Management (DBM) Secretary Amenah “Mina” F. Pangandaman underscores the importance of healthcare workers and pledges her dedication to ensuring that arrears of the Health Emergency Allowance (HEA) are fulfilled by the end of 2025 during the public hearing and inquiry of the Senate Committee on Health and Demography on Monday, 20 May 2024.

“Priority po namin kayo [healthcare workers]. Ang HEA po ay nasa SONA (State of the Nation Address) ng ating Pangulo. Tuwing nagkikita po kami ay pinapaalala po niya ‘yan. Ang promise ko po, by 2025, mababayaran po natin ‘yan,” stated Sec. Pangandaman.

To date, the DBM has disbursed a total of P91.283 billion to DOH for the Public Health Emergency Benefits and Allowances (PHEBA), covering all benefits for healthcare workers from 2021 to 2023. Of this amount, P73.261 billion has been allocated specifically for HEA. PHEBA includes Special Risk Allowance (SRA), compensation for COVID-19 sickness and death, as well as additional benefits like meals, accommodation, and transportation allowances for healthcare workers.

During the session, Secretary Pangandaman outlined the DBM’s strategy to tackle the remaining P27.7 billion arrears for the HEA, which was presented by the DOH during a technical budget hearing held earlier this month. The first step involves utilizing a P2.3 billion unprogrammed appropriations (UA) fund, contingent upon the collection of excess revenue.

“Ipipila po natin ito [sa UA]. Naghihintay nalang po tayo ng certification from the Bureau of Treasury sa excess revenue,” explained Sec. Pangandaman, emphasizing the conditional nature of the UA. Last year, an additional P7 billion, taken from the UA, was released for HEA. The DBM will likewise look into the internal budget of DOH and identify possible realignment for the program.

Sec. Mina also committed that the necessary resources to address the deficiencies in HEA would be prioritized in the drafting of the 2025 National Budget. DOH Secretary Teodoro Herbosa, on the other hand, thanked the Senate Committee on Health as well as the DBM for aiding in the resolution of all HEA concerns.

“We’ve been able to receive the budget from the DBM from the 2022 and 2023 GAA (General Appropriations Act), and we’ve been able to disburse almost 99%,” mentioned Sec. Herbosa. For fiscal year 2024, the DBM has comprehensively released a total of P19.996 billion to the DOH. However, Sec. Herbosa admits that there have been challenges in the disbursement of the fund.

“As for the budget this year, nasa 48% palang ang aming disbursement pero nasa amin na, tulad nga sabi ni Sec. Mina.” disclosed Sec. Herbosa. The Budget Secretary, meanwhile, urged healthcare worker representatives to collaborate closely with DOH to ensure the smooth implementation and timely disbursement of HEA.

“Ang implementation po ay nasa DOH. Makipagtulungan po tayo sa DOH para sa tamang listahan (HEA mapping). Through that, makikita lahat ng nagrerequest at nabigyan. Let’s make sure ang mapupuntahan po nito ay sa tamang beneficiaries,” clarified Sec. Pangandaman. Senator Bong Go lauded the developments from the meeting.

“Ako po ay natutuwa at nagpapasalamat na kapag nagsama ang DBM at DOH sa kanilang obligasyon sa health emergency allowance, magiging posible po ito na matapos po,” said Senate Committee on Health and Demography Chair.