DBM chief wants to optimize technology
‘We want to maximize really the use of technology for our reporting system. Ngayon kasi medyo manu-mano’
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‘We want to maximize really the use of technology for our reporting system. Ngayon kasi medyo manu-mano’
Budget Secretary Amenah Pangandaman on Thursday expressed the Budget Department's commitment to increasing the use of technology to improve bureaucratic efficiency, including in government fiscal reporting.
The Budget chief said she wants to optimize technology and promote transparency in the budgetary process.
"We want to maximize really the use of technology for our reporting system. Ngayon kasi medyo manu-mano," Pangandaman said in a television interview.
"I think it's about time for us to have something that is transparent to everyone. Like when you see it on our website, it's on time, and then, you'll be able to analyze more efficiently and quickly," she added.
To achieve this, she pointed out the development and implementation of the Budget and Treasury Management System as one of the major projects of the Department of Budget and Management.
According to DBM, BTMS — as a centralized database — will facilitate the generation of vital information on government financial transactions and enable real-time mapping of transactions, from purchase to payment.
BTMS will also allow expedient and accurate financial management, improved data governance, and enhanced oversight control, the DBM stated.
The key objective of the BTMS is to achieve the future state of public financial management, where all spending agencies would capture government transactions at source using the BTMS as the sole accounting and financial reporting system.
Pangandaman added that she intends to enhance transparency and accountability in the DBM to promote ease of public access to information.
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