MANILA, Philippines — President Rodrigo Duterte will submit to Congress on July 23 the proposed 2019 cash-based national budget to coincide with his third State of the Nation Address (SONA).
According to Presidential Spokesperson Secretary Harry Roque, the President approved the proposed budget during the 27th Cabinet meeting in Malacañang on Monday night (July 9).
The proposed budget for next year is 3.757 trillion pesos which is 10 billion pesos lower than last year’s budget.
Under cash-based appropriations, agencies will be forced to spend their respective budgets within the fiscal year or else would lose them.
In the past, the obligations-based budget allowed distributions within a two-year period.
Agencies will also no longer submit projects to the department of budget and management that are not yet implementation-ready.
The biggest proposed allocations are for personnel services, maintenance expenditures, capital outlays and allotments for local government units.
Meanwhile, there are no details yet if the proposal already includes the fund for the plebiscite on the shift to the federal government next year.
However, the government is confident that the Congress can allot supplemental budget for this, if necessary.
“What we expect, the referendum will coincide with the 2019 national elections so it will be included in the budget of 2019 national elections if it will really push through,” Roque said. — Rosalie Coz | UNTV News & Rescue