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Monday, September 28, 2020

House starts plenary deliberations on 2021 national budget

THE HOUSE  of Representatives on Monday started its plenary deliberations on the proposed PHP4.506-trillion national budget for 2021.   

House appropriations committee chair Eric Yap, sponsor of House Bill 7727 or the 2021 General Appropriations Bill, said the proposed budget is crucial to the country’s recovery from the adverse effects of coronavirus disease (Covid-19) pandemic as it will serve as an investment for resiliency and sustainability.

“We stand along with the budget philosophy of this administration that more than our priorities for a responsive and dynamic governance, we have to focus our resources to the most urgent priority -- to reset our momentum and action, rebound for the devastating effect of the pandemic on the health and economy, and fully recover from the current and continuing impact of this crisis,” Yap said.

The pandemic has curved the opportunities for socio-economic growth and development, with many losing their jobs and livelihood following closures of companies.

“This budget carries the aspiration of our Filipino people to recover from the hardship brought by the pandemic to our livelihood and to recover the country's economic growth,” he said.

He urged his colleagues to unite and cooperate for the timely passage of the bill.

“The timely passage of the General Appropriations Bill will ensure that our government, through its programs and projects, will be able to rebound, reset, and recover our lost momentum,” he said.

The proposed national budget is 9.9 percent higher than the PHP4.1-trillion appropriations for 2020 and equivalent to 21.8 percent of the gross domestic product (GDP).

The bulk of next year’s proposed budget will be provided to the social services sector amounting to PHP1.664 trillion, equivalent to 36.9 percent. This includes funding support for programs related to health, social protection, and education.

The economic services sector will receive the second highest allocation with PHP1.347 trillion or 29.9 percent of the proposed budget.

Meanwhile, the general public services sector will be allocated with PHP724.2 billion, debt burden with PHP560.2 billion, and defense with PHP210.6 billion.

The Department of Education (DepEd), including state universities and colleges, the Commission on Higher Education, and the Technical Education and Skills Development Authority, remains the top agency with the biggest slice from the proposed budget with an allocation of PHP754.4 billion.

This is followed by Department of Public Works and Highways (DPWH) with a proposed budget of PHP667.3 billion, the Department of the Interior and Local Government (DILG) with PHP246.1 billion, the Department of National Defense (DND) with PHP209.1 billion, the Department of Health (DOH) with PHP203.1 billion, the Department of Social Welfare and Development (DSWD) with PHP171.2 billion, the Department of Transportation (DOTr) with PHP143.6 billion, the Department of Agriculture with PHP66.4 billion, the Judiciary with PHP43.5 billion, and the Department of Labor and Employment (DOLE) with PHP27.5 billion. ( By Filane Mikee Cervantes)



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