DBM submits proposed ₱5.024-trillion 2022 budget to Congress

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Metro Manila (CNN Philippines, August 23) — The Department of Budget and Management on Monday submitted the ₱5.024 trillion proposed budget for 2022 to leaders of the House of Representatives.

The expenditure plan is 22.8% of the country’s economic output and higher by 11.5% than the ₱4.5-trillion budget for this year, DBM said.

Under the 1987 Constitution, the President is required to hand over to Congress the budget proposal within 30 days from the opening of every regular session. The 18th Congress opened its third regular session last July 26.

The education sector gets the biggest chunk in the proposed budget for next year in terms of agencies — the Department of Education, Commission on Higher Education, Technical Education and Skills Development, and state universities and colleges are slated to receive ₱773.6 billion in 2022. 

Social services will again get the largest slice of the budget pie in 2022 sectors-wise, with ₱1.922 trillion assigned for it or a 15.2% year-on-year increase.

“This will fund health-related services such as the continued implementation of the Universal Health Care Act, purchase of COVID-19 vaccines, procurement of personal protective equipment, and others,” said the DBM.

In terms of expenditure classification, the department said the bulk of the proposed budget will go to spending on Personnel Services at ₱1.456 trillion — a 29% jump from this year's allocation.

This will “cover the hiring of healthcare workers and teaching personnel, the implementation of the third tranche of the Salary Standardization Law V, and the requirements of the 2018 Military and Uniformed Personnel pension arrears, among others,” it added.

In a separate statement, House Speaker Lord Allan Velasco said the lawmakers are ready to “carefully” scrutinize the budget which contains at least ₱240.75 billion in COVID-19 response measures.

“This officially signals the start of the budget season in Congress or the legislative process of evaluation, debate and amendment which we hope could lead to the timely and decisive passage of the 2022 General Appropriations Act,” he said.