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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.

30th Aug 2013
COA to train Agencies on the Revised Chart of Accounts

COA to train Agencies on the Revised Chart of Accounts

As part of its continuing support for Public Financial Management (PFM) Reforms, the Commission on Audit through the Accounting and Auditing Reforms Project Implementation Unit (AAR-PIU) is set to conduct...

16th Aug 2013
Request for Expression of Interest: Design, Implementation, Operation and Maintenance of Government Integrated Financial Management Information System (GIFMIS) for the Government of the Philippines

Request for Expression of Interest: Design, Implementation, Operation and Maintenance of Government Integrated Financial Management Information System (GIFMIS) for the Government of the Philippines

Reference Number 2337273 Procuring Entity DEPARTMENT OF BUDGET AND MANAGEMENT Title Design, Implementation, Operation and Maintenance of Government Integrated Financial Management Information System (GIFMIS) for the Government of the Philippines...

17th Jun 2013
GoP kicks off development of Public Financial Management (PFM) Competency Framework

GoP kicks off development of Public Financial Management (PFM) Competency Framework

In line 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...

21st May 2013
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Validation Workshop on GIFMIS Functional Requirements

  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...

21st May 2013
Online Submission of Budget Proposals System (OSBPS)

DBM Introduces Online Submission of Budget Proposal System (OSBPS)

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,...

05th Mar 2013
Unified Accounts Code Structure (UACS)

Training on Unified Accounts Code Structure (UACS) and Online Submission of Budget Proposals System (OSBPS)

  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...

15th Feb 2013
PFM LOGO FINAL Hi-res

Introducing the Public Financial Management (PFM) Logo

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...

22nd Nov 2012
DBM Assistant Secretary Luz Cantor demonstrates the simplified way of filling up financial reports using the new budget classification and accounting codes for improved financial and policy decision making

Unified budget and accounting system paves the way for real-time government financial reporting

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...

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