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BIZ BUZZ: DBM launches good governance course
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BIZ BUZZ: DBM launches good governance course

It’s an idea whose time should have come long ago.

But better late than never, as they say, thus kudos to the Department of Budget and Management (DBM) for debuting a course on good governance last Sept 24 in Dipolog City at the start of the second phase of the Public Financial Management Competency Program (PFMCP).

Budget Secretary Amenah Pangandaman opened the second phase of the PFMCP for local government units with updates on the latest reforms of the administration, especially on digitalization, including Project DIME, which uses geo-tagging so that all government projects in the General Appropriations Act may be checked in real time online.

The course on good governance was designed and conducted by DBM Undersecretary—and former Inquirer columnist—Margaux Salcedo, head of DBM’s Advocacy Group, which leads its capacity development program.

“We planned this course on Good Governance a long time ago and thankfully it has become very timely to remind all public servants that beyond budget utilization, we must also have an overriding commitment to transparency and accountability,” Salcedo said.

Pangandaman added that the ultimate goal of the PFMCP is to “promote good governance, financial accountability, and effective resource management” among local government units (LGUs).

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The PFMCP for LGUs covered sessions on Maintaining PFM Understanding, Principles of Internal Controls and Internal Audit, Relationship Management, Budget Preparation, Budget Authorization and Review, Budget Execution and Accountability, Procurement, and the Procurement Service.

The second phase offers courses on cash management, asset management, and the New Government Procurement Act, on top of the new course on good governance by Salcedo, as well as a course on efficient fund management in the LGU by Undersecretary Wilford Wong.

LGUs who would like to take the good governance course may email communications@dbm.gov.ph.

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