Author Topic: PH 2019 Budget  (Read 1644 times)

Herbie

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PH 2019 Budget
« on: January 08, 2018, 02:59:00 AM »
http://www.dbm.gov.ph/index.php/21-secretary-s-corner/press-releases/413-government-gears-up-to-prepare-2019-budget

GOVERNMENT GEARS UP TO PREPARE 2019 BUDGET

The DBM has issued the Budget Call for 2019 under National Budget Memorandum No. 129 last January 3, 2018. The issuance outlines the budget preparation guidelines and procedures for the formulation and submission of agency budget proposals for 2019.


Herbie

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Re: PH 2019 Budget
« Reply #1 on: January 08, 2018, 03:03:03 AM »
DBM pegs proposed 2019 nat’l budget ceiling at P4.2T
By Ben O. de Vera
Inquirer Business
January 8, 2018 at 11:42 am
 
The Department of Budget and Management (DBM) has pegged at P4.2 trillion the ceiling for the proposed 2019 national budget, which the country’s budget chief said will be mostly cash-based for the first time.


Read more: https://business.inquirer.net/243736/dbm-pegs-proposed-2019-natl-budget-ceiling-p4-2t#ixzz53aOOedbR

Herbie

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Re: PH 2019 Budget
« Reply #2 on: January 08, 2018, 03:11:04 AM »
This 2019 PHP 4.2 Trilion budget ceiling is almost 500 billion more than the ₱3.77-trillion national budget for 2018.

DBM pegs proposed 2019 nat’l budget ceiling at P4.2T
By Ben O. de Vera
Inquirer Business
January 8, 2018 at 11:42 am
 
The Department of Budget and Management (DBM) has pegged at P4.2 trillion the ceiling for the proposed 2019 national budget, which the country’s budget chief said will be mostly cash-based for the first time.


Read more: https://business.inquirer.net/243736/dbm-pegs-proposed-2019-natl-budget-ceiling-p4-2t#ixzz53aOOedbR


Herbie

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Re: PH 2019 Budget
« Reply #4 on: July 23, 2018, 03:25:17 AM »
The proposed AFP Modernization Fund for 2019 is still at PHP 25 billion. Hopefully, this will be increased when the House and Senate deliberates on this..

https://www.dbm.gov.ph/wp-content/uploads/NEP%202019/DND/DND.pdf

adroth

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Re: PH 2019 Budget
« Reply #5 on: October 28, 2018, 09:26:57 PM »
DND to receive 34 percent increased budget for 2019

https://www.dbm.gov.ph/index.php/secretary-s-corner/press-releases/list-of-press-releases/1250-dnd-to-receive-34-percent-increased-budget-for-2019   

Strengthening the Philippines’ defense posture is still on top of the reform priorities of the Duterte Administration.

For 2019, the budget of the Department of National Defense (DND) has gone up to PhP183.4 billion. This translates to a 34.4 percent increase over its 2018 cash-based equivalent budget of PhP136.5 billion.

“The DND has the fourth biggest budget allocation for 2019 among the national agencies.” Department of Budget and Management Secretary Benjamin E. Diokno said. “This is in line with the government’s 0+10-Point Socioeconomic Agenda to make the country’s safety and security an essential pillar in our sustained economic growth.”

For 2019, the Philippine Army, Philippine Air Force, and the Philippine Navy have been allocated Php89.0 billion, PhP24.6 billion, and PhP27.8 billion, respectively. The budget will go to their programs on defense operations to attain the desired level of mission capability of their respective unit—all in an effort to reinforce the country’s border security and patrol measures to protect the Philippines’ borders from illegal incursions, resource exploitation, maritime disputes, smuggling of firearms and contrabands, human trafficking, and other transnational crimes.

Included in the DND’s 2019 proposed budget is the AFP Modernization Program, which amounts to PhP25 billion. This will be used to continue enhancing the capabilities of all branches of the AFP, as stipulated under Republic Act No. 10349 s. 2012, otherwise known as the “AFP Modernization Act.”

This includes a grant of salary increase to military personnel who serve and protect the citizenry. (BITS)