Lawmakers to discuss 2017 budget on August 22

Manila, Philippines- Davao City District Representative and House Committee on Appropriations Chairman Carlo Alexi B. Nograles revealed on Sunday that formal deliberations on the proposed 2017 national budget may start rolling in two weeks.

 

“Hopefully by Aug. 22, we can already start our hearings on the national budget. Hopefully by that time, we have been fully organized in the committee on appropriations. We have an assurance from the House leadership that it will prioritize our committee organization because of time constraints. Time is of the essence. We do not want a reenacted budget. Priority po kami dahil priority ang budget,”  Nograles said.

 

Earlier, it was announced by the Department of Budget and Management (DBM) that the proposed 2017 budget would be Php3.35 trillion for the purpose of ramping up infrastructure spending, improving human resources services, modernizing agriculture, and thriving of lagging regions.

 

According to DBM, the proposed 2017 budget is 11.6 percent higher than the current year's budget of Php3.002 trillion. Moreover, it also represents 20.4 percent of the total GDP compared to this year's 20.1 percent. 

To further discuss the budget, Nograles and DBM Secretary Benjamin Diokno will set a meeting next week.

“I have not yet met with Budget Secretary Diokno. You know, I have just been elected on the floor, so we haven’t actually met about the budget. I have not seen yet the proposed budget. We will schedule next week a meeting with Secretary Diokno,” said Nograles.

-With reports fro http://www.congress.gov.ph/press/details.php?pressid=9721&key=budgethttp://www.congress.gov.ph/press/details.php?pressid=9721&key=budget

 

-XXX-