Monday, July 6, 2015

Proposed National Defense budget for 2016 is P27.5 billion higher

From Ang Malaya (Jul 6): Proposed National Defense budget for 2016 is P27.5 billion higher

In the proposed 2016 national budget, the Department of National Defense (DND) is getting a PhP27.5 billion increase from its current budget of PhP144.5 billion. Giving the defense department with PhP172 billion 2016 budget. The proposed 2016 national budget was approved today by President Benigno Aquino III.

Education (DepEd), Public Works and Highways (DPWH) and the DND are the departments with biggest pies in the proposed 2016 budget.

DPWH and Department of Health (DOH) got biggest increases with 32 percent and 25.2 percent, respectively.

The Department of Interior and Local Government (DILG) has a proposed PhP156 billion 2015 budget from PhP141.4 billion this year.

Meanwhile, the Department of Social Welfare and Development (DSWD) will be having a smaller 2016 budget of PhP107.6 billion, its current budget is PhP108.2 billion.

The total budget for 2016 will be 15.2 percent higher than this year’s budget. National budget this year is PhP2.606 trillion while the proposed 2016 budget is PhP3.002 trillion.

The 2016 budget has a theme of “Paggugol na Matuwid: Saligan sa Tuloy-Tuloy na Pag-Unlad,” with principles (1) Spending within our means; (2) Investing in the right priorities; (3) Delivering measurable results; and (4) Empowering citizens through fiscal transparency, accountability and participation.

The proposed 2016 national budget is expected to be turned over to Congress a day after President Aquino’s last State of the Nation Address (SONA).

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