Manila Bulletin
House begins deliberations on ₱5-T 2022 budget
The House of Representatives has commenced deliberations on the proposed P5.024 trillion national budget for 2022.
The House Committee on Appropriations, led by Rep. Eric Go Yap, is conducting the discussions.
The initial hearing focused on the macroeconomic assumptions underpinning the proposed budget, as presented by the Development Budget Coordination Committee (DBCC).
The DBCC is comprised of the Department of Budget and Management (DBM), Department of Finance (DOF), National Economic and Development Authority (NEDA), and the Bangko Sentral ng Pilipinas (BSP).
DBM officer-in-charge and Undersecretary Tina Canda stated the 2022 proposed budget was guided by the government's goals of building resilience amidst the pandemic, sustaining recovery momentum, and continuing infrastructure development.
Lawmakers questioned the budget's focus on COVID-19 response, with one representative inquiring about allocations for vaccine procurement, contact tracing, testing, and social and economic support for distressed sectors.
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