The Department of Budget and Management (DBM) has submitted the proposed Php 4.506 trillion National Budget to Congress for 2021.
Next year’s allocation prioritizes the Corona Virus Disease 2019 (COVID-19) response of the government to strengthen the health care system of the Philippines, assure food security, create more jobs and aid in the recovery of the country’s economy.
This is 9% higher compared to the 2020 General Appropriations of Php 4.1 trillion. The largest allocation will go to the Department of Education (DepEd) with a fund of Php 754.4 billion.
Congress eyes the end of September to complete the deliberation of the proposed budget.
Report from Daniel Manalastas