Marcos institutionalizes DBM's Compass for transparent gov't spending

Marcos institutionalizes DBM's Compass for transparent gov't spending

MANILA, Philippines — The Department of Budget and Management (DBM) may use blockchain and other emerging technologies to strengthen the government’s online system for monitoring public spending, even as a proposed measure seeking to expand citizen access to government expenditure data remains pending in Congress. President Ferdinand Marcos Jr. institutionalized the Centralized Open Monitoring Platform for Appropriations and Spending Statistics (Compass) through Executive Order (EO) No. 126, whi