Honest and effective governance—truly transparent, disciplined and serving the interest of the country and its people — is our vision for the Philippine Public Financial Management (PFM) System.
In light with its commitment to modernize and reform PFM systems, the GoP has started the development of PFM Competency Framework as a whole-of-government approach to capacity development across oversight...
![DSCN0708[1]](http://pfm.gov.ph/wp-content/uploads/2013/05/DSCN07081-580x435.jpg)
Following the formal adoption of GIFMIS Conceptual Design by the PFM Committee in April 2013, a series of validation workshops with various PFM stakeholders has been set to finalize the...
The Department of Budget and Management (DBM) introduced the new Online Submission of Budget Proposal System (OSBPS) during the National Budget Forum with departments/agencies held on January 10 and 11,...
Inpreparation for the adoption of government-wide harmonized budgetary and accounting classification and automation ofbudget proposals submission, the Department of Budget and Management (DBM) is set to train the national government...
The Public Financial Management (PFM) logo reflects the vision of the PFM. The rising sun signifies the divine blessing and progress through improved transparency and accountability. The birds (V’s) symbolize...
Over 60 budget and accounting officers from key government agencies participated in a workshop to test the new budget classification and accounting codes that will serve as the building block...
By Clarice Africa | 19 November 2012 Whenever financial transparency is concerned, my thoughts would often drift to a conversation I had, a few months back, with an e-Government specialist...
The Philippine Public Fiscal Management System is beset with poor reporting, planning and implementation due to the fragmentation of oversight agencies that complicate the system of budget reporting, transparency, predictability...
