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The Department of Budget and Management (DBM; Filipino: Kagawaran ng Badyet at Pamamahala) [1] is an executive body under the Office of the President of the Philippines.It is responsible for the sound and efficient use of government resources for national development and also as an instrument for the meeting of national socio-economic and political development goals.
Updating the salary schedule for civilian government personnel and authorizing the grant of an additional allowance, and for other purposes August 2, 2024 [64] 65 Approving the merger of the LBP Leasing and Finance Corporation (LLFC) and UCPB Leasing and Finance Corporation (ULFC), with the LLFC as the surviving entity August 6, 2024 [65] 66
A comparative graph of Revenue and Tax Effort from 2001 to 2010 [3] A comparative graph of Tax and Non-Tax Revenue contribution from 2001 to 2010 [4]. The Philippine government generates revenues mainly through personal and income tax collection, but a small portion of non-tax revenue is also collected through fees and licenses, privatization proceeds and income from other government ...
[549] [550] [551] Through the Salary Standardization Law of 2019, salaries of government workers, including teachers and nurses, were increased in four tranches from 2020 to 2023. [548] [552] A law signed in April 2022 granted a night-shift differential pay to all government employees at a rate not exceeding 20% of the hourly basic rate of the ...
The Department of Finance (DOF; Filipino: Kagawaran ng Pananalapi) is the executive department of the Philippine government responsible for the formulation, institutionalization and administration of fiscal policies, management of the financial resources of the government, supervision of the revenue operations of all local government units, the review, approval and management of all public ...
Head of state annual salary Head of government annual salary Head of state annual salary (USD from 2019 IMF exchange rate) Head of government annual salary (USD from 2019 IMF exchange rate) Head of state salary divided by 2020 GDP per capita Head of government salary divided by 2020 GDP per capita Reference Afghanistan ؋2,745,000
Kansas state government employees will get raises this year, which for most people will be about 5%, while most legislators get a 93% pay raise. State employees get 5% raises while Kansas ...
In late November 2022, seven lawmakers in the Philippine House of Representatives, including Martin Romualdez and Sandro Marcos, filed House Bill No. 6398, [b] proposing the creation of a sovereign wealth fund for the Philippines to be known as the Maharlika Wealth Fund (MWF), inspired from South Korea's sovereign wealth fund.