The Department of Budget and Management (DBM) assured that it will implement next year the Supreme Court ruling transferring more funds to local government units (LGUs), which the Asian Development (ADB) warned could disrupt public spending. Budget Secretary Wendel E. Avisado said they already drafted an executive order (EO) devolving some ...

Source: Manila Bulletin (https://mb.com.ph/2021/04/30/dbm-assures-higher-iras-by-2022/?utm_source=rss&utm_medium=rss&utm_campaign=dbm-assures-higher-iras-by-2022)