DBM: Account Code System a Fiscal Transparency Tool

DBM: Account Code System a Fiscal Transparency Tool 23 June 2015 The Department of Budget and Management (DBM) today emphasized that the Unified Account Code Structure (U...


Read More...

Philippines gains ground on public financial management reforms

Philippines gains ground on public financial management reforms 18 June 2015 Quezon City - The Philippines is gaining considerable ground in improving its public financia...


Read More...

Bureau of the Treasury hosts PFMP brown bag session on Public Financial Management

Bureau of the Treasury hosts PFMP brown bag session on Public Financial Management 05 June 2015 Participants of the session ask questions about the PFM program during the ...


Read More...
012

About PFMP

The Philippines–Australia Public Financial Management Program (PFMP) is a long term partnership between the Governments of Australia and the Philippines to improve the efficiency, accountability and transparency of public fund use in the Philippines.

The Australian Government has committed A$ 30 million to the program for a period of five years, from its commencement in October 2011 up to 2016.

The PFMP is assisting the Philippines Government to implement its Philippine PFM Reform Roadmap: Towards Improved Accountability and Transparency, 2011–2015.  This comprehensive PFM reform agenda aims to clarify, simplify, improve and harmonize the financial management processes and information systems of the civil service in the Philippines.

Print
PDF
 

DBM: Account Code System a Fiscal Transparency Tool 

23 June 2015
 
 
The Department of Budget and Management (DBM) today emphasized that the Unified Account Code Structure (UACS)—which was introduced under the Aquino Administration— has been designed to streamline the budget process and create an environment of fiscal transparency and accountability in government. 
 
Responding to concerns raised by former Senator Panfilo Lacson over the UACS, the Budget department said that the coding system is simply a tool that agencies and departments can use to help monitor the status of each government project, activity, or program (PAP), as well as to record government financial data. 
Print
PDF

PFMP, DBM pilot PFM Certificate Program

Curriculum aims to upskill Government's Public Financial Management Workforce

11 May 2015

 

A pioneering program that aims to enhance the technical skills and competencies of the PFM workforce in the oversight and spending agencies is in the pilot testing stage, as part of the broader PFM reforms underway in the Government of the Philippines (GOP).

The PFM Certificate Program is an initiative developed by the Department of Budget and Management (DBM), the PFM Committee, and supported by the Philippines-Australia Public Financial Management Program (PFMP). It aims to make ongoing PFM learning solutions available to PFM practitioners to support job performance and career growth.

The Program’s full curriculum is envisioned to have six (6) learning tracks aligned with the GOP’s PFM Competency Frameworks and delivered through a network of government and learning providers.  It will cover core or foundational PFM competencies, budgeting & performance, procurement, accounting, auditing, and cash management when fully implemented.

Print
PDF

PFMP Team Leader pays courtesy call to DBM Secretary

28 April 2015

 

Department of Budget and Management (DBM) Secretary Florencio "Butch Abad receives a book from Daniel Featherston, PFMP Team Leader of the Philippines-Australia Public Financial Management Program (PFMP) and Counsellor of the Department of Foreign Affairs and Trade (DFAT). The gift was accompanied by a congratulatory letter from Australian Ambassador to the Philippines Bill Tweddell on the occasion of the DBM's 79th anniversary.

To view photo, click here.

 

 


The PFMP is a core initiative under the Australia - Philippines Development Cooperation Program.  To learn more about Australian Aid, click here.

ANNOUNCEMENTS

PFM Logo resize

Watch the Story of Juan

PFM video

logo01 logo02 logo03 logo04 logo05 logo06 logo08 logo09 logo10