Department of Budget and Management (DBM) (Philippines)

Following are the general functions of the Department: Formulates the overall resource application strategy to match the government’s macro-economic policy; Prepares the medium-term expenditure plan, indicating the programming, prioritization, and financing of capital investment and current operating expenditure requirements of medium-term sectoral development plans; Undertakes the formulation of the annual national budget in a way that ensures the appropriate prioritization and allocation of funds to support the annual program of government; Develops and administers a national accounting system essential to fiscal management and control; Conducts a continuing study of the bureaucracy and assesses as well as makes policy recommendation on its role, size, composition, structure and functions to establish a government bureaucracy imbued with a spirit of public service; Establishes the rules and procedures for the management of government organization resources i.e., physical, manpower and other resources, formulates standards of organizational program performance; and undertakes or provides services in work simplification or streamlining of systems and procedures to improve efficiency and effectiveness in government operations; Conceptualizes and administers the government’s compensation and position classification plan; and Monitors and assesses the physical as well as the financial operations of local government units and Government-Owned and/or  Controlled Corporations.