President Benigno S. Aquino III, during a
Cabinet meeting on Monday (July 6), approved the proposed 2016 national
expenditure program, which reached P3.002 trillion.
This represents a 15.2 percent increase from the 2015 national budget and comprises 19.5 percent of the country’s Gross Domestic Product, Communication Secretary Herminio Coloma, Jr. said.
“The proposed budget with the theme, Paggugol na Matuwid: Saligan sa Tuloy-Tuloy na Pag-Unlad, is anchored on the following principles: (1) Spending within our means; (2) Investing in the right priorities; (3) Delivering measurable results; and (4) Empowering citizens through fiscal transparency, accountability and participation,” Secretary Coloma said.
The Department of Education gets the biggest allocation with P436.5 billion, followed by the Department of Public Works and Highways (DPWH) with P401.14 billion, he said, noting that the two departments’ combined budgets represent more than a quarter of the total 2016 national budget.
The Department of National Defense has the third biggest allocation with P172 billion, followed by the Department of Interior and Local Government with P156 billion, the Department of Health (DOH) with P128.5 billion, and the Department of Social Welfare and Development with P107.6 billion.
“Among all the agencies in the Executive Department, the DPWH and the DOH received the highest increases in their annual budgets at 32 percent and 25.2 percent respectively, as part of efforts to boost public infrastructure development and support economic expansion, as well as to improve health care services, especially to the poor and most vulnerable sectors of society,” Coloma said.
“President Aquino directed all Cabinet members to intensify efforts at completing the delivery of programs, especially those on public infrastructure, including the rehabilitation of ‘Yolanda’-affected and other calamity areas, and on strengthening public institutions,” he added.
The proposed budget will be submitted to Congress a day after the President delivers his final State of the Nation Address on July 27. (PCOO News Release)
This represents a 15.2 percent increase from the 2015 national budget and comprises 19.5 percent of the country’s Gross Domestic Product, Communication Secretary Herminio Coloma, Jr. said.
“The proposed budget with the theme, Paggugol na Matuwid: Saligan sa Tuloy-Tuloy na Pag-Unlad, is anchored on the following principles: (1) Spending within our means; (2) Investing in the right priorities; (3) Delivering measurable results; and (4) Empowering citizens through fiscal transparency, accountability and participation,” Secretary Coloma said.
The Department of Education gets the biggest allocation with P436.5 billion, followed by the Department of Public Works and Highways (DPWH) with P401.14 billion, he said, noting that the two departments’ combined budgets represent more than a quarter of the total 2016 national budget.
The Department of National Defense has the third biggest allocation with P172 billion, followed by the Department of Interior and Local Government with P156 billion, the Department of Health (DOH) with P128.5 billion, and the Department of Social Welfare and Development with P107.6 billion.
“Among all the agencies in the Executive Department, the DPWH and the DOH received the highest increases in their annual budgets at 32 percent and 25.2 percent respectively, as part of efforts to boost public infrastructure development and support economic expansion, as well as to improve health care services, especially to the poor and most vulnerable sectors of society,” Coloma said.
“President Aquino directed all Cabinet members to intensify efforts at completing the delivery of programs, especially those on public infrastructure, including the rehabilitation of ‘Yolanda’-affected and other calamity areas, and on strengthening public institutions,” he added.
The proposed budget will be submitted to Congress a day after the President delivers his final State of the Nation Address on July 27. (PCOO News Release)
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