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PBBM admin’s budget hike on infra, agri, healthcare to benefit the people

MANILA -- The administration of President Ferdinand R. Marcos Jr. allocated a significant percentage of the country’s annual gross domestic product (GDP) to infrastructure development and increased the budget on agriculture and healthcare for the benefit of the people, the Department of Budget and Management (DBM) said in its accomplishment report.

Highlighting its 2022 budget priorities, the DBM said the Marcos administration allotted 5 to 6 percent of the GDP to infrastructure projects under “Build Better More” programs.

For the agriculture sector, the DBM said there was a significant increase in the sector’s budget with the department doubling the allocation for major agricultural and fishery programs.

To provide Filipinos with better health services, the DBM released over P44 million to fund the development of the Marawi City General Hospital.

Meanwhile, to mitigate the impact of climate change, the agency backed the Department of Environment and Natural Resources’ (DENR) National Greening Program and the Department of Energy’s (DOE) Renewable Energy Development Program.

According to the DBM, it also allocated a hefty amount in the 2023 national budget for climate-related expenditures.

Also listed in the DBM’s accomplishments this year is its aggressive digitalization in line with President Marcos’ agenda.

Under its digitalization thrust, the DBM expanded its Action Document Releasing System (ADRS) and carried out the Unified Reporting System (URS) Encoding to its regional offices.

The budget department has also digitalized the Public Financial Management Program and the Learning Management System (LMS).

The DBM also inked a memorandum of agreement ( MOA )with Government Servicing Banks (GSB) on the online release of the Notice of Cash Allocation (NCA) in the ADRS, and worked with local government units (LGUs) for enhanced Public Financial Management Assessment Tool (ePFMAT).

Next year, the DBM’s priority legislative agenda will include the Progressive Budgeting for Better and Modernized Governance Bill (PBBM), Budget and Treasury Management System (BTMS), National Government Rightsizing Program (NGRP), and Maharlika Investment Fund (MIF). (PND)
 

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Kate Shiene Austria

Information Officer III

Information Officer III under the Creative and Production Services Division of the Philippine Information Agency. 

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