● Budget formulation based on
inputs from government
ELECTIVE 104 departments.
● Expenditure management to
ensure efficient allocation.
I. Development Budget ● Performance evaluation of
Coordination Committee government agencies.
(DBCC) ● Leading budget reforms for
- The DBCC is the primary body transparency and accountability
responsible for coordinating the III. Line-Item Budget
formulation and implementation Approach
of the Philippine government’s
- A budgeting method that
economic and fiscal policies.
outlines the items on which
A. Functions:
● Setting fiscal targets. money will be spent but
● Macroeconomic forecasting (e.g., provides little information on
GDP growth, inflation rates). the specific activities that will
● Revenue projections (taxes, non-tax be done.
sources, borrowings).
A. Key Characteristics:
● Policy coordination with other
● Focus on controlling
government agencies.
expenditure by categorizing
● Composition: Includes the Secretary
expenses (e.g., personnel,
of Finance (Chairperson),
Director-General of NEDA, equipment).
Secretary of Budget and ● Primarily exhibits expenditures
Management, and the BSP without detailing revenue.
Governor as a resource ● A most common method used
person(Week-7). for departmental or program
II. Department of Budget budgeting
and Management (DBM) IV. Budgeting Process in the
- The DBM is responsible for the Philippines
formulation, management, - Involves multiple
and implementation of the government institutions
national budget to align with (DBCC and DBM) that work
national development goals. together to ensure that
A. Functions:
inputs from government
ELECTIVE 104 departments.
● Expenditure management to
ensure efficient allocation.
I. Development Budget ● Performance evaluation of
Coordination Committee government agencies.
(DBCC) ● Leading budget reforms for
- The DBCC is the primary body transparency and accountability
responsible for coordinating the III. Line-Item Budget
formulation and implementation Approach
of the Philippine government’s
- A budgeting method that
economic and fiscal policies.
outlines the items on which
A. Functions:
● Setting fiscal targets. money will be spent but
● Macroeconomic forecasting (e.g., provides little information on
GDP growth, inflation rates). the specific activities that will
● Revenue projections (taxes, non-tax be done.
sources, borrowings).
A. Key Characteristics:
● Policy coordination with other
● Focus on controlling
government agencies.
expenditure by categorizing
● Composition: Includes the Secretary
expenses (e.g., personnel,
of Finance (Chairperson),
Director-General of NEDA, equipment).
Secretary of Budget and ● Primarily exhibits expenditures
Management, and the BSP without detailing revenue.
Governor as a resource ● A most common method used
person(Week-7). for departmental or program
II. Department of Budget budgeting
and Management (DBM) IV. Budgeting Process in the
- The DBM is responsible for the Philippines
formulation, management, - Involves multiple
and implementation of the government institutions
national budget to align with (DBCC and DBM) that work
national development goals. together to ensure that
A. Functions:
