(Nightlead) Aquino asks Congress to approve proposed P2.268-trillion National Budget for 2014

July 24, 2013 10:23 am 

MANILA, July 23 — President Benigno S. Aquino III asked the Congress on Tuesday to approve the proposed P2.268-trillion National Budget for 2014 saying the budget will support his administration's agenda for inclusive development.

"This proposed Budget is 13.1 percent higher than the current year’s budget of P2.006 trillion. It is consistent with our macroeconomic and fiscal program for the medium term. More important, this proposed Budget is designed as a tool that we must maximize as we continue to fortify the foundations for inclusive development," the Chief Executive said in his 2014 Budget Message.

President Aquino said the proposed budget will enables the nation to sustain its growth trajectory in a way that promotes growth that directly and substantially benefits the lowest of sectors.

"Ang hangarin natin ay ang mga mamamayan mismo ang lumilikha at magmamay-ari ng bagong kasaganaan ng ating bansa. Ang obligasyon natin bilang pamahalaan ay ilagay ang ating mga kababayan sa patas na tungtungan. At upang magampanan ang obligasyong ito, kailangan nating maging masigasig sa pagtupad sa ating sinumpaan sa bayan: Kung walang corrupt, walang mahirap," he said.

Allocated with P336.9 billion, the Department of Education (DepEd) will again have the largest part in the budget.

Also in the Top 10 are the Department of Public Works and Highways with P213.5 billion, Department of Interior and Local Government with P135.4 billion, Department of National Defense with P123.1 billion, Department of Health with P87.13 billion, Department of Agriculture with P80.7 billion, Department of Social Welfare and Development with P79 billion, Department of Transportations and Communications with P48.7 billion, Department of Environment and Natural Resources with P23.9 billion and Department of Agrarian Reform with P20.4 billion.

"We want to leave behind this legacy — a transformed government, a capacitated people, an inclusive economy, and a better nation. I cannot overemphasize my deep commitment to laying the foundation that will ensure the realization of this legacy," the President said.

"Such is the goal of this 2014 National Budget, a Budget for Inclusive Development, a national expenditure program that builds on the new prosperity we have created for our country in the past three years," he said. (PNA)

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