House begins hearings on 2019 national budget PDF Print E-mail
Friday, 03 August 2018 15:59

By DEXTER YAP

The House Committee on Appropriations chaired by Rep. Karlo Alexei Nograles (1st District, Davao City) and Rep. Celso Lobregat as Vice-Chairman officially began its budget hearings on the proposed fiscal year 2019 National Budget.

The P3.757- trillion proposed budget will be the main agenda of the committee with the presentation by the Development Budget Coordination Committee (DBCC) of the macro-economic overview and assumptions used in the formulation of the national budget.

Presentation of the proposed budget by heads of departments and agencies will be conducted in succeeding days.

The 2019 national budget, the third expenditure plan of the Duterte administration, is the first cash-based budget presented to the committee. The National Expenditure Plan was officially submitted by the

Department of Budget and Management (DBM) to the Office of the Speaker on July 23, 2018.

Congressman Lobregat said that it is through the budget that government lays down the policies for growth and development.

Under the proposed 2019 national budget, the following major expense items will have the following allocations: Personnel Services (P1,184.9 billion or 31.5 percent of total), Maintenance Expenditures (P557.5 billion or 14.8 percent), Capital Outlays (P758.4 billion or 20.2 percent),

Allotment to LGUs (P640.6 billion or 17.1 percent), Support to GOCCs (P187.1 billion or 5.0 percent), Tax Expenditures (P14.5 billion or 0.4 percent), and Debt Service (P414.1 billion or 11 percent).

Department budgets will be as follows: DepEd, SUCs, CHED and TESDA - P659.3 billion; DPWH - P555.7 billion; DILG – P 225.6 billion; DND – P 183.4 billion; DSWD – P 173.3 billion; DOH - P 141.4 billion; DOTr – P76.1 billion; DA – P49.8 billion; Judiciary – P37.3 billion; and ARMM – P32.3 billion

Congressman Lobregat said that the allocation of P283.5- billion will go to select major social programs like the Pantawid Pamilyang Pilipino

Program, National Health Insurance Program, Universal Access to Quality Tertiary Education, Free Irrigation for Farmers, Basic Educational Facilities Program, Rice Subsidy for Military and Uniformed Personnel, and Support for Sugarcane Producers/Farmers.

The Fiscal Year (FY) 2019 National Expenditure Program was crafted solely with the people’s welfare in mind. “After all the budget is earned from the taxes of the people,” he said.

He added that this budget guarantees a better and more disciplined accountable cash-based budget that will support strong, sustainable and inevitable growth.  (Dexter Yap)