Development Budget Coordinating Committee briefing

Senator Loren Legarda, chair of the Senate Finance Committee, tells officials of the Department of Budget and Management (DBM), Department of Finance (DOF), Bangko Sentral ng Pilipinas (BSP) and the National Economic Development Authority (NEDA) that the national budget is the financial blueprint of a nation’s course towards economic development and progress. “A prudent and judicious national budget will steadily steer our path closer to our development goals in this millennial age,” Legarda also said during the briefing conducted by the Development Budget Coordinating Committee on the Proposed FY 2018 National Expenditure Program Wednesday, August 16, 2017. (Photo by Cesar Tomambo)