DBM submits proposed P4.5T National Budget to Congress

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

Popular

PBBM hails Presidential Air Wing for nearly six decades of service to the nation

By Dean Aubrey Caratiquet After navigating a jam-packed itinerary in Central Luzon, President Ferdinand R. Marcos Jr. rounded off his Wednesday engagements with an attendance...

PBBM eyes more concrete measures to address effects of climate change

By Dean Aubrey Caratiquet As climate change makes its presence felt in various countries, especially the Philippines, President Ferdinand R. Marcos Jr. has shifted his...

PBBM to LGUs: Observe firm implementation of ‘no-build zones’ to address flooding woes

By Dean Aubrey Caratiquet As the enhanced southwest monsoon (habagat) continues to shed light on long-neglected matters, President Ferdinand R. Marcos Jr. made it clear...

PBBM vows stronger ties in meeting with Nigerian ambassador

By Dean Aubrey Caratiquet Expanding the scope of the Philippines’ international relations beyond its usual trading partners, President Ferdinand R. Marcos Jr. expressed his commitment...