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IRR on adoption of digital payments ready in few weeks: DBM

MANILA - The Department of Budget and Management (DBM) is well within the timeline of drafting the implementing rules and regulations (IRR) of Executive Order (EO) 170, which mandates the adoption of digital payments for government disbursements and collections. E0 170, signed by former President Rodrigo Duterte on May 12, recognizes that the adoption of digital payments will facilitate the expedient distribution of financial assistance to beneficiaries. "The IRR has been crafted and it's been prepared by the agencies and now, it's undergoing consultation. So hopefully, in a few weeks, we'll have the IRR. And we'll push for the digitalization," Budget Secretary Amenah Pangandaman told senators during the Development Budget Coordination Committee Briefing on Wednesday. Pangandaman also revealed that the DBM has allocated PHP12.47 billion for the transformation and digitalization of government processes and transactions under the proposed 2023 national budget, c ....

Amenah Pangandaman , Communications Technology , Department Of Information , Department Of Budget , Development Budget Coordination Committee Briefing On , Executive Order , President Rodrigo Duterte , Secretary Amenah Pangandaman , President Duterte , Digital Payments , Government Disbursements , Manila The Department Of Budget And Management Dbm Is Well Within Timeline Drafting Implementing Rules Regulations Irr Executive Order Eo 170 , Hich Mandates The Adoption Of Digital Payments For Government Disbursements And Collections E0 170 , Igned By Former President Rodrigo Duterte On May 12 , Ecognizes That The Adoption Of Digital Payments Will Facilitate Expedient Distribution Financial Assistance To Beneficiaries Quot Irr Has Been Crafted And It 39s Prepared By Agencies Now , T 39s Undergoing Consultation So Hopefully , Na Few Weeks , E 39 Ll Have The Irr And We Push For Digitalization , Uot Budget Secretary Amenah Pangandaman Told Senators During The Development Coordination Committee Briefing On Wednesday Also Revealed That Dbm Has Allocated Php12 47 Billion For Transformation And Digitalization Of Government Processes Transactions Under Proposed 2023 National , Iting The Importance Of Developing Information And Communications Technology Ict In New Normal Quot For 2023 , E Havea Total Budget For Ict And Digitalization , Hp12 47 Billion This Is Across The National Government Agencies And For 2023 Budget , E Includeda Section On Digital Payments Of Government Financial Transactions This Is Related To Executive Order No 170 Signed By Then President Duterte The Adoption For Disbursements And Collections , Uot She Said Of This Amount , Angandaman Said The Department Of Information And Technology Dict Will Receive Largest Share Amounting To Php4 24 Billion For Its Ict Systems Infrastructure Development Meanwhile , He Department Of Finance Comes Second With Php3 56 Billion ,

Gov't departments, agencies directed to utilize digital payments

MANILA - President Rodrigo R. Duterte has signed an executive order (EO) directing government departments and agencies to utilize digital payments for government disbursements. EO 170, signed by Duterte on May 12, recognizes that the Covid-19 pandemic has highlighted the benefits of utilizing digital payment services across various sectors, as it enabled a fast, convenient, secure, and transparent mode of delivering government services and transacting business. "The adoption of digital payments for government disbursements will facilitate the expedient distribution of financial assistance to beneficiaries, thereby providing a catalyst for financial inclusion for the most vulnerable sectors of society, contributing to the attainment of the country's long-term vision under Ambisyon Natin 2040, and supporting our country's development trajectory towards an inclusive, resilient, and future-ready economy," the EO read. Under the EO, "all departments, agencies, and ins ....

Bangko Sentral , Rodrigor Duterte , Technical Working Group , Commission On Audit , Government Procurement Policy Board Technical Support Office , Ambisyon Natin , Internal Revenue , Manila President Rodrigor Duterte Has Signed An Executive Order Eo Directing Government Departments And Agencies To Utilize Digital Payments For Disbursements 170 , Igned By Duterte On May 12 , Ecognizes That The Covid 19 Pandemic Has Highlighted Benefits Of Utilizing Digital Payment Services Across Various Sectors , S It Enableda Fast , Nd Transparent Mode Of Delivering Government Services And Transacting Business Quot The Adoption Digital Payments For Disbursements Will Facilitate Expedient Distribution Financial Assistance To Beneficiaries , Hereby Providinga Catalyst For Financial Inclusion The Most Vulnerable Sectors Of Society , Ontributing To The Attainment Of Country 39s Long Term Vision Under Ambisyon Natin 2040 , Nd Supporting Our Country 39s Development Trajectory Towards An Inclusive , Nd Future Ready Economy , Uot The Eo Read Under , Uot All Departments , Nd Instrumentalities Of The Government , Ncluding State Universities And Colleges , Government Owned Or Controlled Corporations , Are Directed , Nd Local Government Units Lgus Are Enjoined To Adopt Digital Payments For Their Respective Disbursements And Collections Quot All Covered Agencies Must Utilize Safe Efficient Disbursement In The Payment Of Goods , Nd Other Disbursements , Ncluding The Distribution Of Financial Assistance , S Well As In The Payment Of Salaries ,