The Department of Budget and Management of the Republic of the Philippines (DBM) (Filipino: Kagawaran ng Pagbabadyet at Pamamahala) is an executive body under the Office of the President of the Philippines. It is responsible for the sound and efficient use of government resources for national development and also as an instrument for the meeting of national socio-economic and political development goals.
The current Secretary of Budget and Management appointed by President Benigno Aquino III is Florencio Abad. The department has four Undersecretaries and four assistant secretaries.
Read more about Department Of Budget And Management: History, Officials, Operating Bureaus/Services of The Central Office
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