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Author Topic: DBM Requires Budgetary Reports for 2012  (Read 811 times)

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DBM Requires Budgetary Reports for 2012
« on: February 01, 2012, 10:14:21 AM »
By CHINO S. LEYCO
Manila Bulletin

MANILA, Philippines — The Department of Budget and Management (DBM) said Monday that some government releases will be withheld from agencies if they fail to submit their budgetary reports for fiscal year 2012.

In a statement, Budget and Management Secretary Florencio B. Abad said that this plan aims to strengthen the Aquino administration’s drive for transparency and accountability.

“The DBM is very firm in enforcing the ‘no report, no release’ rule for the submission of Budget Accountability Reports (BARs). Agencies and departments that do not comply with this will not receive their releases from the Miscellaneous Personnel Benefits Fund (MPBF),” Abad said.

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John 3:16-18 ESV
For God so loved the world, that he gave his only Son (Jesus Christ), that whoever believes in him should not perish but have eternal life. For God did not send his Son into the world to condemn the world, but in order that the world might be saved through him. Whoever believes in him is not condemned, but whoever does not believe is condemned already, because he has not believed in the name of the only Son of God.

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