Proposed 2013 National Budget Of ₱2.006 Trillion Is Due For Signing By President Aquino

The Senate and the House of Representatives are expected to confirm the proposed national budget next week before submitting it to President Benigno Aquino III for signature.

The bicameral conference committee approved the proposed ₱2.006 trillion national budget for 2013 which is 10.4 percent higher as compared to the current year’s ₱1.816 trillion budget actually provides ₱698.4 billion for social services programs; ₱510.9 billion for economic services; and ₱333.9 billion for the debt service.

The Department of Education still would get highest allocation amounting to ₱292.7 billion, the Department of Public Works and Highways has the second highest budget allocation of ₱152.9 billion followed by the Department of National Defense (₱121.6 billion) and Department of Interior and Local Government with ₱121.1 billion.

The ₱54 billion increase in the education budget aims to address the shortages in education resources like classrooms, teachers and textbooks, according to Sen. Franklin Drilon.

The ₱44.25 billion allocation for the Conditional Cash Transfer (CCT)program highlights the budget allotted for social services along with the education and health care program of the Department of Health, according to the Iloilo legislator.

The 2013 budget also provides ₱12.6 billion for the enrollment in PhilHealth of 5.2 million poor families.

The non availment of Senator Panfilo Lacson of his priority development assistance fund (PDAF) as per his request, thus reducing the budget by ₱100 million.

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