00:00The Department of Budget and Management has already started preparing for the creation of the National Fund for the next year.
00:07Yesterday, the DBM launched the National Budget Call Forum where the preparation for the National Expenditure Program officially began.
00:16According to our Budget Secretary, he is expecting that each department and agency will have enough time to build the proposed budget that has a large number of submissions and requirements.
00:28Meanwhile, the DBM also launched the Program Convergence Budgeting for the 2026 National Budget that will be part of the budget process.
00:36Its aim is to streamline the resource allocation to all government agencies.
00:43Secretary Arsenio Balisaca is supportive of this because it will help the PCB in better and more effective use of the government's funds.
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