Trivia about the Department of Budget and Management
The Budget Commission was established by Executive Order (EO) No. 25 issued on April 25, 1936. It became a Ministry by virtue of Presidential Decree (PD) No. 1405, signed on June 11, 1978. Following the pattern in the United States Federal Government, the Budget Commission/Ministry of the Budget (now the Department of Budget and Management) is separate from other fiscal agencies of government like the Ministry/Department of Finance. Read more on the history of DBM on its official website (www.dbm.gov.ph/index.php).
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