DBM details 2014 ‘People’s Budget’
March 25, 2014 (updated)
In line with the Aquino government’s commitment to transparent, accountable and participatory budgeting, the Department of Budget and Management (DBM) has released a detailed report of the 2014 People’s Budget to show where and how the P2.265 trillion will be spent.
The report states that the Department of Education (DepEd) and Department of Public Works and Highways (DPWH) will receive the biggest allocation with P309.4 billion and P219.9 billion, respectively.
The breakdown for other major agencies will be as follows:
* Department of Interior and Local Government (DILG), P136.1 billion
* Department of National Defense (DND), P123.2 billion
* Department of Health (DoH), P90.8 billion
* Department of Social Welfare and Development (DSWD), P83.4 billion
* Department of Agriculture (DA), P80 billion
* Department of Transportation and Communications (DoTC), P48.8 billion
* Department of Environment and Natural Resources (DENR), P23.9 billion
* and Department of Agrarian Reform (DAR), P20.4 billion.
Secretary of Budget and Management Florencio “Butch” Abad explained that DBM allotted the biggest fund to DepEd for the construction and rehabilitation of school buildings and facilities.
Abad said the DPWH is the second highest receiver because it is raising the standards for the roads. He also said the DPWH will have more construction, widening and upgrading of access roads and sea ports this year.
Abad also vowed to allot budget for the victims of super typhoon Yolanda, earthquake in Bohol and Zamboanga siege.
“These calamities called our attention not only to the need for additional resources but also to the urgency of strengthening the capacity of public institutions to respond to climate change,” Abad said.
Abad said they released the report to inform the people about the annual budget, an integral component of ongoing efforts to empower the people in the budget process.
On December 2013, President Benigno Aquino III signed the P2.265-trillion budget for 2014 sans the controversial Priority Development Assistance Fund (PDAF).