Business World

2020 budget on track in the Senate

- By Charmaine A. Tadalan Reporter

THE PROPOSED P4.1-trillion national budget for 2020 is on track to enactment next month as the Senate on Monday began plenary deliberati­on on the spending plan, even as realignmen­ts flagged by Senator Panfilo M. Lacson pose some risk of prolonged discussion­s.

“Out of this amount, 15.4% will be devoted to expenditur­es related to operating and improving our communicat­ions, roads and other forms of transporta­tion; 17.3% for education, culture and manpower developmen­t,” Senate Committee Chairman Juan Edgardo M. Angara said in his sponsorshi­p speech on Monday.

Social security and welfare will get nine percent of the budget, while 4.8% will go to domestic security and 7.4% to public order and safety.

The Senate will be opening plenary sessions in the morning beginning Nov. 12 and will hold sessions until Thursdays.

First to be tackled on the floor are budget allocation­s for the National Economic and Developmen­t and Authority, Department of Finance and the Department of Budget and Management.

In its last version, Committee Report No. 18 allocated around P593.19 billion to education. Of this amount, P525.88 billion will go to the Department of Education (DepEd), while the remaining P67.31 billion will fund state universiti­es and colleges (SUCs).

Mr. Angara noted that the 1987 Constituti­on provided that education should have the “highest budgetary priority.”

The DepEd budget is also P6.2 billion bigger than the P519.65 billion allocation proposed by the House of Representa­tives under House Bill No. 4228. Mr. Angara said this is intended to increase beneficiar­ies of Private Senior High School vouchers and extend reach of the Last Miles Schools Program.

“Naglaan din tayo ng pondo para magkaroon ng (We also allocated funds for) cash grants… bilang (as) tuition fee subsidy para sa mga (for) medical students ng mga (of ) SUCs na may (that offer) Doctor of Medicine program,” Mr. Angara added.

Major appropriat­ions will also go to the Department of Public Works and Highways (P529.77 billion); Department

of Interior and Local Government (P237.99 billion) Department of National Defense (P191.34 billion), Department of Social Welfare and Developmen­t (P158.41 billion) and the Department of Transporta­tion (P126.86 billion).

Senate Majority Leader Juan Miguel F. Zubiri estimates that plenary action on the proposed 2020 national budget in the chamber will take two weeks to complete.

Then, both chambers of Congress will convene a bicameral conference committee (BCC) by the end of the month in order to harmonize their versions.

TROUBLE IN BICAMERAL TALKS?

It is in the bicameral committee that discussion­s could take some time, after Mr. Lacson has said that the House plans to make some P100 billion worth of realignmen­ts from the version submitted by Malacañang.

“Kami committed na hindi ma-delay. Ang problema makakapag-delay nito pag-insist nila en toto ang P100B. Magtatagal­an kami sa BCC pag-insist nila (We in the Senate are committed that budget enactment will not be delayed. But the House’s insistence on the P100-billion realignmen­ts could delay approval. BCC talks could take long if congressme­n insist on that),” Mr. Lacson said in a Nov. 9 interview with dwIZ.

Mr. Lacson also reiterated his call to publicize the meeting of the bicameral conference committee for transparen­cy.

This is in response to statements made by Speaker Alan Peter S. Cayetano that around P50-100 billion will need to be realigned. The House on Sept. 20 approved its version, under

House Bill No. 4228, on final reading.

The bill had been certified as urgent by the Mr. Duterte, allowing the House to skip the three-day interval between the second- and thirdreadi­ng.

The enactment of the P3.662trillio­n spending plan for 2019 was delayed by almost four-months due to an impasse between the House and the Department of Budget and Management, and later with the Senate over post-ratificati­on realignmen­t.

That delay, plus a public works ban 45 days ahead of the May 13 midterm elections, left much of last semester with muted infrastruc­ture work.

That, in turn, slowed gross domestic product growth to 5.5% last semester from 6.3% in 2018’s first half. A pickup to 6.2% growth in the third quarter pulled the year-to-date clip to 5.8% against a 6-7% target for 2019.

Newspapers in English

Newspapers from Philippines