00:00The Department of Budget and Management, or DBM, launched the 2026 National Budget Preparation
00:05with a forum at the Philippine International Convention Center.
00:09Budget Secretary Amena Pangandaman encouraged agencies to collaborate with technical teams
00:14to ensure timely and complete budget submissions.
00:17A key highlight was the adoption of the Program Conversion Budgeting, or PCB, approach aimed
00:22at streamlining resource allocation and improving coordination across government departments.
00:28Budget Secretary Arsenio Balesacan emphasized the PCB's role in reducing inefficiencies
00:34as well as aligning projects with the Philippine Development Plan.
00:38The DBM also held a forum last week to clarify budget processes and promote transparency
00:43in government spending.
