Manila, June 25 -- The Department of Budget and Management (DBM) on Thursday launched the updated roadmap aimed at refining the government's fiscal reform agenda to promote transparency, accountability, and prudent use of public funds.

The Public Financial Management (PFM) Roadmap 2024-2028 Midterm Update and its detailed reform action plan were launched during the Philippine PFM Forum at the Asian Development Bank (ADB) headquarters in Mandaluyong City.

DBM Acting Secretary Kim Robert de Leon said the updated roadmap is designed to strengthen discipline, integrity, and performance in managing public resources.

"PFM is not about managing money. PFM is about improving lives. Every reform must translate into faster services, better outc...