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By Chino S. Leyco
The Duterte Administration has reserved the highest budget allocation for the development of public infrastructure and the human capital for next year, in accordance with the government's plan to accelerate the country's economic expansion.
Benjamin E. Diokno
In a statement, the Department of Budget and Management (DBM) said yesterday that the priorities of the administration Duterte in 2019 remain the infrastructure public and the development of human capital. 215 billion, or about 33.3% of the proposed budget of 757 billion P3 for next year
The proposed general appropriations for 2019 will be submitted to Congress on 23 July.
Budget Secretary Benjamin E. Diokno said the budget will be the government's first cash appropriation, reflecting the urgent need to accelerate the delivery of public services to the population.
"Higher investments in infrastructure will support economic growth, which is expected to reach 7% to 8% by 2019," said the budget department, noting that it will create jobs, and stimulate opportunities in the countryside.
"Spending for human capital, such as education, health and social welfare The ministry added," We will focus on building, building and building the country's young population into one. skilled and world-class workforce able to support the growth momentum of the Philippines "and social services.These are the priorities we have identified from the beginning of our mandate, and we will ensure what investments in these sectors are supported. "
The sector with the highest distribution is that of education, consisting of the budgets of the Ministry of Education (DepEd), Universities and Colleges of State (SUC), Commission for Higher Education (CHEd) and Authority for Technical Education and Skills Development (TESDA).
Its cash credits in the draft budget 2019 s & # 39; raise to P659.3 billion , which is 12.3% more than its monetary equivalent in the 2018 budget.
According to construction, construction and construction, the Public Works Department (DPWH) is allocated 555.7 billion pesos, or an amount of 255.5 billion or the increase of 68.3 percent.
Interior and Local Government (DILG) comes third, with an allocation of P225.6 billion, higher by 31 percent. The largest allocation will strengthen local governance and support the government's public safety initiatives.
DILG is followed by Defense with a budget of P183.4 billion, an increase of 34.4%. Such an amount will enhance security and promote peace and order in the country.
Welfare, comprising the budget of the Department of Social Welfare and Development (DSWD) and the budget for unconditional transfers from the Land Bank of the Philippines (LBP), is fifth with an allocation of 173, 3 billion pesos, an increase of 5.4 percent
Social protection funding will support poverty reduction efforts and the government's social protection programs
The Department of Health Budget (DOH) ) and the Philippine Health Insurance Corporation (PHIC) has an allocation of 141.4 billion pesos, down 9% due to a significant reduction in the Health Enhancement Program (HFEP). The health budget will allow the government to provide affordable and accessible health care to Filipinos, said DBM.
Transportation (DOTr) has the seventh highest allocation, with a budget of 76.1 billion P, up 89 percent to meet the need for efficient and comfortable mass transit systems across the country, facilitating so the life of Filipino commuters.
The Department of Agriculture (DA), the Judiciary and the Muslim Mindanao Autonomous Region complete the top 10. (ARMM)
The AD has a budget of 49, Pula 8 billion, or 22% more, to promote agricultural development and improve living conditions in the rural sector.
.3 billion. This represents a 5.4% increase for a fast and fair administration of justice.
Finally, the ARMM is allocated 32.3 billion piastres, or 7.9 billion piastres or 32.4% more than last year. It will support livelihoods, peace and order, and rural development projects in the region.
"The President's 2019 budget will continue to provide the largest allocations to the government's priority development initiatives." 19659004] "We have not only increased the budget allocations of the agencies, but also implemented reforms to accelerate the delivery of essential public goods and services to our citizens," he concluded.
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