Duterte ap­proves P4.1-T bud­get pro­posal for 2020

Sun Star Bacolod - - Top Stories -

PRES­I­DENT Ro­drigo Duterte and mem­bers of his Cabi­net ap­proved on Mon­day, Au­gust 5, the pro­posed 2020 ad­min­is­tra­tion’s bud­get of P4.1 tril­lion.

This is 9.0 per­cent higher than the 2019 bud­get of P3.757 tril­lion.

In a state­ment, Pres­i­den­tial Spokesper­son Sal­vador Panelo said the De­part­ment of Bud­get and Man­age­ment targets to sub­mit the Na­tional Ex­pen­di­ture Pro­gram to Con­gress be­fore its dead­line on Au­gust 21, 2019.

“This bud­get pro­posal is de­signed to re­spond to the needs of the ma­jor­ity of our coun­try­men long­ing to be up­rooted from the decades of: want of ba­sic ne­ces­si­ties, in­ad­e­quate sup­ply of ba­sic ser­vices, lack of in­fra­struc­tures re­quired to spur eco­nomic growth, ab­sence of ac­count­abil­ity on govern­ment cof­fers, vex­ing bu­reau­cratic rig­ma­role, de­prived ed­u­ca­tion and un­changed poverty, and geared to achieve a more peace­ful and pro­gres­sive Philip­pines where the liv­ing stan­dards of Filipinos are raised,” Panelo said.

“We as­sure ev­ery­one that our peo­ple’s money, with ed­u­ca­tion re­ceiv­ing the big­gest slice of the bud­get, fol­lowed by pub­lic works, trans­porta­tion, and health, will be spent wisely to reach a state of vi­brant econ­omy that will be felt by the cit­i­zenry,” he added.

In a pre­vi­ous state­ment, the Devel­op­ment Bud­get Co­or­di­na­tion Com­mit­tee (DBCC) said the pro­posed bud­get is equiv­a­lent to 19.4 per­cent of the coun­try’s gross do­mes­tic prod­uct (GDP).

“This re­sponds to the needs and cap­tures the as­pi­ra­tions of the Filipino peo­ple. We com­mit to ful­fill­ing our Con­sti­tu­tional duty to sub­mit this pro­posed bud­get within 30 days of the open­ing of Con­gress,” the DBCC said af­ter its meet­ing on July 18.

“The pro­posed 2020 Na­tional Bud­get will con­tinue to in­vest in pub­lic in­fra­struc­ture and so­cial ser­vices, while fund­ing the priority pro­grams of the Duterte ad­min­is­tra­tion such as the Bangsamoro Or­ganic Law, the Uni­ver­sal Health­care Law, the in­sti­tu­tion­al­iza­tion of the Pantawid Pam­ilyang Pilipino Pro­gram (4Ps), among other mea­sures to pro­mote eco­nomic and hu­man cap­i­tal devel­op­ment,” it added.

This year’s bud­get was signed by Duterte only in April, af­ter a dead­lock of sev­eral months over the supposed in­ser­tions and re­align­ments made by some law­mak­ers.

From Jan­uary un­til the bud­get was signed, the govern­ment was op­er­at­ing on a reen­acted 2018 P3.767-tril­lion bud­get./sunstar Philip­pines

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