President Gloria Macapagal Arroyo signed last Thursday the 2009 National Budget which is P1.414-trillion.
Malacañang said, it will allow more spending to "blunt the effects of the global economic downturn," Budget and Management Secretary Rolando Andaya announced yesterday.
According to them the increase in the budget will provide funds for activities that will encourage growth in the economy and create jobs, like building more infrastructure and increasing funds for social services.
The P10-billion ESF will fund the construction of at least 6,000 classrooms, 2,959 kilometers of farm-to-market roads, and irrigation works in 125,000 hectares, among other infrastructure projects.
By agency, the biggest recipient of this year’s budget is the Department of Education (DepEd) with an outlay of P158.2 billion, followed by the Department of Public Works and Highways (DPWH) with P130 billion, and the Department of Interior and Local Government (DILG) with P63 billion.
The other agencies with the biggest budgets are: Department of National Defense (DND), P56.5 billion; Department of Agriculture (DA), P41.2 billion; Department of Health (DoH), P27.9 billion; Department of Transportation and Communications (DoTC), P25 billion; State Universities and Colleges, P22.8 billion; Department of Agrarian Reform (DAR), P13.1 billion; and the Judiciary, P12.6 billion.
The President then promised that no single government employee will lose job!
Malacañang said, it will allow more spending to "blunt the effects of the global economic downturn," Budget and Management Secretary Rolando Andaya announced yesterday.
According to them the increase in the budget will provide funds for activities that will encourage growth in the economy and create jobs, like building more infrastructure and increasing funds for social services.
The P10-billion ESF will fund the construction of at least 6,000 classrooms, 2,959 kilometers of farm-to-market roads, and irrigation works in 125,000 hectares, among other infrastructure projects.
By agency, the biggest recipient of this year’s budget is the Department of Education (DepEd) with an outlay of P158.2 billion, followed by the Department of Public Works and Highways (DPWH) with P130 billion, and the Department of Interior and Local Government (DILG) with P63 billion.
The other agencies with the biggest budgets are: Department of National Defense (DND), P56.5 billion; Department of Agriculture (DA), P41.2 billion; Department of Health (DoH), P27.9 billion; Department of Transportation and Communications (DoTC), P25 billion; State Universities and Colleges, P22.8 billion; Department of Agrarian Reform (DAR), P13.1 billion; and the Judiciary, P12.6 billion.
The President then promised that no single government employee will lose job!
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