Manila Times Business
Development Budget Coordination Committee
Business overview
Company backgroundThe Development Budget Coordination Committee (DBCC) was created on May 14, 1970, originally named the Presidential Development Budget Committee and renamed to DBCC in 1972, attached to the National Economic and Development Authority (NEDA).
The DBCC is a government agency responsible for reviewing and approving macroeconomic targets, revenue projections, borrowing levels, aggregate budget levels, and expenditure priorities, and recommending the consolidated public sector financial position and national fiscal program to the Cabinet and the President. The DBCC is composed of principals from four member agencies: Department of Budget and Management (DBM), Department of Finance (DOF), National Economic and Development Authority (NEDA), and the Office of the President (OP), with the Bangko Sentral ng Pilipinas (BSP) participating as a resource institution.
The DBCC is chaired by the Secretary of the Department of Budget and Management and co-chaired by the Secretary of the Department of Finance, as reaffirmed in a 2025 Administrative Order. The DBCC engages with civil society organizations to enhance transparency and inclusiveness in its processes, reflecting government efforts to improve budget reforms and participatory governance.
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