Post by
shawshank2 on Dec 23, 2020 8:36am
New budget dec 28 buy now before too late
Delays avoided, Duterte to sign 2021 budget on Dec. 28 (Philstar.com) - December 22, 2020 - 3:46pm With the spending plan to be passed on time, new programs including those for pandemic response may be released to agencies, allowing them to contract services such as for personal protective equipment early. Robinson Ninal Jr/Presidential Photo MANILA, Philippines President Rodrigo Duterte will be signing the P4.5-trillion budget into law on December 28 at his hometown in Davao City, presidential spokesperson Harry Roque said on Tuesday. The signing 4 days before the New Year breaks from the past 2 years that the government was forced to operate under an old budget when the calendar year changed because the new outlay was not yet enacted. Delays were longer in 2019 when the budget was signed 4 months into the year. Related Stories Vaccine budget sans funding source hit Duterte to sign 2021 budget bill before Christmas With the spending plan to be passed on time, new programs including those for pandemic response may be released to agencies, allowing them to contract services and purchase products early. Next years budget would be 9.9% up from this years P4.1-trillion outlay and is considered by Dutertes economic team as a vital component for economic recovery from the health crisis. Broken down by top agency, the education sector, which includes the education department, Commission of Higher Education, state colleges and universities as well as the Technical Education and Skills Development Authority, got the largest chunk of the 2021 budget with P708.18 billion. That sector is followed by the public works department, the states main infrastructure agency, allocated with P694.82 billion.