Page 33 - Expenditure Program News Today

The House of Representatives' Committee on Appropriations began on Thursday, August 26, its deliberation on the P5.024-trillion proposed national budget for 2022. House of Representatives The committee's budget hearings kicked off with a briefing from the Development Budget Coordination Committe

The first day of the budget hearing is focused on the macroeconomic assumptions on next year’s budget of the Development Budget Coordination Committee (DBCC)—composed of the Department of Budget and Management (DBM), Department of Finance (DOF), National Economic and Development Authority (NEDA), and the Bangko Sentral ng Pilipinas (BSP).

The House of Representatives is eyeing Sept. 30 as the target date for the passage of the proposed P5.024 trillion national budget for 2022. Speaker Lord Allan Velasco Speaker Lord Allan Velasco on Thursday, Aug. 26 said the Lower House should work swiftly and smoothly to pursue this goal in ord

WITH the health and economic impact of Covid-19 expected to persist next year, the government allocated the biggest chunk of its proposed P5-trillion 2022 National Expenditure Program (NEP) to health and education-related programs. In an online press briefing on Tuesday, Presidential spokesperson Harry Roque disclosed the said programs, collectively known as…

A report on the country’s agriculture production in the first semester released by the Philippine Statistics Authority (PSA) on August 9 showed that the crops subsector once again buoyed the sector’s performance (See, “Farm output shrinks 2.5% on livestock, poultry woes,” in the BusinessMirror, August 9, 2021). PSA data showed…

TO increase agricultural production and attain food security, a lawmaker on Sunday urged the Duterte administration to invest heavily in “mega farms” across the country by increasing the 2022 budget of the Department of Agrarian Reform (DAR). Camarines Sur Rep. Luis Raymund Villafuerte asked Malacañang and Congress to raise the…

The chairman of the House Committee on Ways and Means said the lower chamber will push for a higher agriculture budget in the proposed 2022 General Appropriations Act (GAA) to fight inflation and hasten the country’s economic recovery. Albay Rep. Joey Sarte Salceda, the panel chairman, said lawmakers are eyeing…

Senate Minority Leader Franklin Drilon has expressed concern over the resignation of Department of Budget and Management (DBM) Secretary Wendel Avisado, ahead of the submission of the proposed 2022 national budget to Congress. Senate Minority Leader Franklin Drilon in a hearing of the Senate Blue

Speaker Lord Allan Velasco on Friday, August 13 gave assurances that the resignation of Budget Secretary Wendel Avisado will not affect the upcoming legislative deliberations for the proposed 2022 National Expenditure Program (NEP) which is expected to be submitted by August 23. House of Represen

President Rodrigo Roa Duterte Already, the Development Budget Coordination Committee (DBCC), an inter-agency body tasked to set the macroeconomic targets of the country, approved late Monday, a P5.024 trillion expenditure ceiling for 2022. According to the DBCC, the 2022 National Expenditure Program, which will be submitted to Congress once it resumes session, is 11.5 percent higher than the P4.506 trillion general appropriations this year. Of the proposed 2022 budget, the executive department ...