President Duterte Signs ₱4.1 trillion 2020 National Budget
The national budget for 2020 has been signed into law by President Rodrigo Duterte on Monday.
The General Appropriations Act of 2020 is ₱4.1 trillion, 9 percent higher than the previous year’s 3.76 trillion budget. The budget wasn’t signed at the end of 2019 because the President requested “thorough” scrutiny of the bill.
President Duterte said in his speech that this year’s spending plan would support the government’s goal of making the Philippines an upper bracket-income country, and lowering poverty to 14 percent by the end of his term.
He remarked that just like in previous years, the government will continue to allocate a great portion of the national budget for infrastructure development and social services – programs that will directly touch the lives of our people.
The top 10 appropriations of the budget are as follows:
- Education (DepEd, SUCs, CHED, TESDA) – ₱654.6 billion
- Department of Public Works and Highways – ₱580.8 billion
- Department of Interior and Local Government – ₱239.8 billion
- Department of National Defense – ₱191.7 billion
- Department of Social Welfare and Development – ₱163.8 billion
- Department of Health – ₱101 billion
- Department of Transportation – ₱99.3 billion
- Department of Agriculture – ₱62.2 billion
- Judiciary – ₱40.1 billion
- Department of Environment and Natural Resources – ₱25.5 billion
Education and social services are two key sectors that are most important to the presidents, thus given priority in the 2020 GAA. Social pension for senior citizens of ₱6,000 annually is also retained in the 2020 budget. Meanwhile, the GAA also ensures that healthcare professionals will continue to be deployed in different communities around the country who are in need of their services, under its Deployment of Human Resources for Health Program, according to Senator Juan Edgardo Angara.