2019 Proposed Budget of the Philippines

By | July 14, 2018

Proposed Budget of the Philippines for 2019

Update: President Duterte approved the USD71 Billion National Budget for the year 2019 but vetoed USD1.8 Billion worth of appropriations.(e.vnexpress.net)

Update: Senate President Tito signs the P3.767 trillion General Appropriations Bill for 2019 “with strong reservations.” The enrolled bill will now be transmitted to the Office of the President for review and signing.

Top Ten (10) Philippine Departments with the biggest funds in the proposed 2019
National budget.

1. Education P659.3 Billion
2. Public Works P555.7 Billion
3. Interior and Local Government P225.6 Billion
4. Defense P183.4 Billion
5. Social Welfare P173.3
6. Health P141.4 Billion
7. Transportation P76.1 Billion
8. Agriculture P49.8 Billion
9. Judiciary P37.3 Billion
10.ARMM 32.3 Billion

budget of the philippines

Budget of the Philippines | Image Owner : DBM

 

You might observe that the government prioritizes education and public works.

The Budget for Education shall always be the biggest funds in every budget passed by the congress of the Philippines.

This is in obedience to the provision of the Philippine constitution which provides that the state shall give priority to education to foster patriotism, nationalism, accelerate social progress and promote total human liberation and development.

This does not mean that the government is not free to balance the demands of education against other competing and urgent demands like say defense.

The Budget for education, consisted of the budgets of the Department of Education (DepEd), State Universities and Colleges (SUCs), the Commission on Higher Education (CHED), and the Technical Education and Skills Development Authority (TESDA). Its cash-appropriations in the proposed 2019 budget amounts to P659.3 billion, higher by P72.2 billion or 12.3% than its cash-based equivalent in the 2018 budget.

The proposed 2019 budget, the third budget of the Duterte Administration, is set to be submitted to Congress on July 23, the day President Rodrigo R. Duterte delivers his third State of the Nation Address (SONA). The P 3.757 trillion national budget will be the first cash-based budget of the government, reflecting the urgent need to speed up public service delivery to the people.

One thought on “2019 Proposed Budget of the Philippines

  1. Gloria Cecilia L. Bernal

    what is the status of the 2019 National Budget?

    Reply

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.