Budget Secretary Florencio Abad presented the
P2.606-trillion proposed national budget for 2015 during the six-hour long
Cabinet meeting, Friday.
Herminio Coloma who is the Communications Secretary
said that the proposed budget is 15% higher that the recent P2. 265- trillion
National budget.
According to Abad, Coloma said that the key expenses
were allotted for social protection and social services, job generation and
economic expansion, climate change adaptation and mitigation, enabling
environment for inclusive development.
Abad proposed
that on social protection, they will increase the allocation for the
conditional cash transfer program from P62.6 billion to P78 billion to cover
the increase in beneficiaries from 4.3 million households to 5 million
households.
Other increases included in the proposal that they
should raise the budget for the National Health Insurance Program from P35.3
billion to P37.2 billion, and for educational facilities from P44.6 billion to
52.7 billion, Coloma added.
Abad includes
promotion job generation and increase the budget for national roads and bridges
from P130.4 billion to P186.6 billion then for tourism infrastructure
development from 14.7 billion to P20 billion.
They want to implement climate change adaptation and
mitigation. Budget secretary also think that they should increase the
allocation for flood control and drainage projects from P34.8 billion to P38.6
billion.
Coloma said President Aquino summoned the Cabinet to
review and discuss the national budget for 2015. He added that after the
meeting, the President focused on further fine-tune the budget estimation and
planning limitations so that these may be fully explained and justified at the
hearings to be conducted by the congress.
It seems like Budget Secretary forgot to include the
allotment of budget for education and facilities for the K12.
After the Pork Barrel scandal, masses are
starting to worry about the possibility
that this will end up the same story as the Napoles scam.
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