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DBM to bankroll P2.2-B energy programs

The Department of Budget and Management (DBM) on Tuesday, Sept. 12, said it will help bankroll various programs of the Department of Energy (DOE) next year.

In a statement, Budget Secretary Amenah F. Pangandaman said the DBM earmarked P2.2 billion for the DOE in 2023 in line with the governmen ....

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DOE gets P2.2-B in 2023 for various energy projects

MANILA - The Department of Budget and Management (DBM) has given the Department of Energy (DOE) a total of PHP2.2 billion for the implementation of energy projects in 2023. The allocation of about PHP2.2 billion was in line with the Marcos administration's bid to ensure an affordable and clean energy supply in the country, the DBM said in a press statement. It said the proposed funding would be used for energy programs, including the Total Electrification Project (TEP), Renewable Energy Development Program, Energy Efficiency and Conservation Program, and Alternative Fuels and Technologies Program. In a statement, Budget Secretary Amehan Pangandaman said the proposed budget for DOE's key programs would help the government achieve its goal to provide a reliable and affordable power supply in the country. "These initiatives are part of the administration's commitment to providing reasonably priced, sustainable, and sufficient electricity," Pangandaman said. Under the ....

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2023 budget 'springboard' for full-speed economic recovery: DBM

Budget Secretary Amenah Pangandaman (PNA photo) MANILA - The proposed PHP5.268 trillion national budget for 2023 will serve as a "springboard for the economy's full-speed recovery," the Department of Budget and Management (DBM) said Friday. Budget Secretary Amenah Pangandaman said the 2023 budget spending plan was crafted based on and in support of the Marcos administration's eight-point socioeconomic agenda. "The administration's first full-year budget shall serve as a springboard for the economy's full-speed recovery and meaningful structural reform," Pangandaman said, as the House of Representatives began its deliberations on the proposed 2023 budget. The proposed budget is anchored on the theme, "Agenda for Prosperity: Economic Transformation Towards Inclusivity and Sustainability." The 2023 budget plan, Pangandaman said, would address the immediate and pressing concerns of Filipinos in the near- and medium-term. Filipinos' purchasi ....

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