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    An Introduction To Development Budget Coordination Committee

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    Nobrien Hernandez
    The Development Budget Coordination Committee (DBCC) is an inter-agency committee composed of representatives from key Philippine government financial institutions. The DBCC reviews and approves macroeconomic targets, revenue projections, borrowing levels, aggregate budget levels and expenditure priorities. It recommends the proper allocation of expenditures, revenue measures, and borrowing levels to the President. The DBCC was established in 1970 and works to coordinate financial planning and ensure effective collaboration between member agencies.

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    An Introduction To Development Budget Coordination Committee

    Uploaded by

    Nobrien Hernandez
    548 views13 pages
    The Development Budget Coordination Committee (DBCC) is an inter-agency committee composed of representatives from key Philippine government financial institutions. The DBCC reviews and approves macroeconomic targets, revenue projections, borrowing levels, aggregate budget levels and expenditure priorities. It recommends the proper allocation of expenditures, revenue measures, and borrowing levels to the President. The DBCC was established in 1970 and works to coordinate financial planning and ensure effective collaboration between member agencies.

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    DBCC

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    The Development Budget Coordination Committee (DBCC) is an inter-agency committee composed of representatives from key Philippine government financial institutions. The DBCC reviews and approves macroeconomic targets, revenue projections, borrowing levels, aggregate budget levels and expenditure priorities. It recommends the proper allocation of expenditures, revenue measures, and borrowing levels to the President. The DBCC was established in 1970 and works to coordinate financial planning and ensure effective collaboration between member agencies.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    548 views13 pages

    An Introduction To Development Budget Coordination Committee

    Uploaded by

    Nobrien Hernandez
    The Development Budget Coordination Committee (DBCC) is an inter-agency committee composed of representatives from key Philippine government financial institutions. The DBCC reviews and approves macroeconomic targets, revenue projections, borrowing levels, aggregate budget levels and expenditure priorities. It recommends the proper allocation of expenditures, revenue measures, and borrowing levels to the President. The DBCC was established in 1970 and works to coordinate financial planning and ensure effective collaboration between member agencies.

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    An Introduction to

    Development Budget
    Coordination Committee
    PREPARED BY: PSUPT HECTOR Q AMANCIA
    January 27, 2019
    Definition of Terms

    DEVELOPMENT BUDGET COORDINATION COMMITTEE


    economic
    Development is a process that creates growth, progress, positive change or the addition of physical, economic,
    environmental, social and demographic components.

    Budget is an estimate of costs, revenues, and resources over a specified period, reflecting a reading of future financial
    conditions and goals.
    financial plan
    -a financial plan that lists expected expenses and income during a particular period

    Coordination is the organization of the different elements of a complex body or activity so as to enable them to work
    together effectively.

    Committee is a group of people chosen to represent a larger organization and either make decisions or collect
    information for it:
    Role of DBCC

    DBCC
    Development Budget
    Coordination Committee

    Review and approve Recommend to Cabinet and the


    • macroeconomic targets,
    President of the consolidated public
    • revenue projections,
    sector financial position and the
    • borrowing level,
    national government fiscal program
    • aggregate budget level and
    • expenditure priorities
    Brief History (LEGAL BASIS)
    Creation of DBCC PDBC renamed to Inclusion of Creation of DBCC
    formerly PDBC DBCC Executive formerly PDBC
    Secretary to DBCC

    1970 1972 1987

    May 14, 1970


    Executive Order No. 232 - Presidential Development Budget Committee

    March 1, 1972,
    Integrated Reorganization Plan - PDBC to DBCC
    DBCC attached o NEDA
    September 22, 1972
    Presidential Decree No. 136 – Executive Secretary included to DBCC

    July 25, 1987


    Executive Order No. 292 – NEDA with DBCC reorganized
    WHAT IS THE FUNCTION OF DBC??
    Functions of the DBCC
    As Explicitly mentioned in EO No. 232 RECOMMEND TO
    THE PRESIDENT
    Approval of the level of
    annual government
    expenditure program and
    the ceiling of government
    spending

    DBCC
    Development Budget
    Coordination Committee
    RECOMMEND TO
    RECOMMEND TO
    THE PRESIDENT
    THE PRESIDENT
    The proper allocation of The amount set to be
    expenditures for each allocated for capital outlay
    development activity under each development
    between current operating activity for various capital
    expenditures and capital or infrastructure projects
    outlay
    Other Functions of the DBCC

    The assessment of the


    reliability of revenue
    estimates

    DBCC
    Development Budget
    Coordination Committee
    The The conduct of
    recommendations periodic review and
    of appropriate tax general examination of
    or other revenue costs, accomplishments
    and performance
    measures and the
    standards applied in
    extent and type of undertaking
    the borrowings development projects
    DBCC Member Agencies

    DBCC

    DBM DOF NEDA OP BSP


    Department of Budget Department of National Economic Office of the Bangko Sentral ng
    and Management Finance and Development President Pilipinas
    Authority
    -(DBCC Resolution
    No. 98.1 dated June
    22, 1998)
    Responsibilities of DBCC Member Agencies

    DBM DOF NEDA OP BSP


    Department of Budget Department of National Economic Office of the Bangko Sentral ng
    and Management Finance and Development President Pilipinas
    Authority
    RESPONSIBILITY: RESPONSIBILITY: RESPONSIBILITY: RESPONSIBILITY: RESPONSIBILITY:
    • Resource • Revenue • Overall • Presidential • Resource
    Allocation and Generation Macro- Oversight Institution for
    Management • Debt economic monetary
    Management policy measures and
    policies
    WHAT IS THE COMPOSITION OF DBCC??
    Composition of the Actual Committee

    DM SECRETARY
    CHAIRPERSON

    PRINCIPALS FROM MEMBER EXECUTIVE


    AGENCIES TECHNICAL BOARD

    Department of Budget Department of National Economic Office of the Bangko Sentral UNDERSECRETARIES
    and Management Finance and Development President ng Pilipinas AND DIRECTORS OF
    Authority MEMBER AGENCIES
    In summary, the Department of Budget Coordination Committee (DBCC) is a committee composed of a
    group of people chosen to enable the different elements of the financial bodies of the government such as
    the Department of Budget and Management, Department of Finance, National Economic and
    Development Authority, Office of the President and Bagko Sentral ng Pilipinas to work effectively
    together towards economic growth and progress by careful planning and analysis of national revenues,
    resources and costs of expenditure over specific periods and recommending to concerned bodies and the
    President proper allocation of different aspects of the government programs.
    END OF
    PRESENTATION
    Thank you and God Bless!

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