00:00The Department of Budget and Management or DBM launched the 2026 National Budget Preparation
00:07with a forum at the Philippine International Convention Center.
00:11Budget Secretary Amanda Parandaman encouraged agencies to collaborate with technical teams
00:17to ensure timely and complete budget submissions.
00:20A key highlight was the adoption of the Program Convergence Budgeting or PCB approach
00:26aimed at streamlining resources allocation and improving coordination across government
00:32departments.
00:33NEDA Secretary Arsenio Balisacan emphasized the PCB's role in reducing inefficiencies
00:40and aligning projects with the Philippine Development Plan.
00:43The DBM also held a forum last week to clarify budget processes and promote transparency
00:49in government spending.
