The proposed budget, according to the DBM, is aimed to sustain the government’s efforts in responding to the coronavirus disease (COVID-19) pandemic.
“The proposed fiscal year 2021 budget aims to sustain government efforts towards effectively responding to the COVID-19 pandemic by focusing government spending on improving our healthcare systems, ensuring food security, increasing investments in public and digital infrastructure, and helping communities cope and prevail in these trying times, hence, the theme ‘Reset, Rebound and Recover: Investing for resiliency and sustainability,’” the DBM said., and equivalent to 21.
“Every peso of the proposed PhP4.506 trillion FY 2021 Budget went through numerous budget hearings and consultations with the agencies, and levels of scrutiny and approval,” the DBM said.Previously, Budget Secretary Wendel Avisado said that the DBM has until Aug. 27 to submit the NEP. According to him, the 1987 Constitution allows the executive branch to submit its proposed budget to Congress within a month from the start of the regular session.The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.
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