According to the UN Economic and Social Commission for Asia and the Pacific (ESCAP), the…
According to the 2023 budget, economic reform would be “inclusive”
According to Budget Secretary Amenah Pangandaman, the PHP5.268 trillion national budget for 2023 includes provisions that will support the Marcos administration’s goal of “inclusive and sustainable” economic development.
Pangandaman made the announcement as she urged the government’s decision-makers to lead with compassion and attend to the needs of the populace.
“It is our responsibility as government leaders to lead with empathy. We must genuinely take into account and address the needs of our communities “Pangandaman delivered a speech at the Manila Hilton during the League of Municipalities General Assembly.
Budget na tunay na dumaramay, nakaka-unawa at nagmamalasakit sa mga Pilipino (a budget that truly empathizes with, understands and cares for the Filipinos) is the national budget for economic transformation that is truly inclusive and sustainable, she continued.
According to Pangandaman, the 2023 budget supports the eight-point Socioeconomic Agenda of the Marcos administration and is created to promote the goals of the Philippine Development Plan (PDP) from 2023 to 2028.
The budget for this year, she continued, has a strong emphasis on enhancing social protection, guaranteeing food security, and creating livable communities.
Additionally, she reaffirmed that the DBM would aid local government units (LGUs) in the process of complete function delegation.
In accordance with the Mandanas-Garcia decision of the Supreme Court, Executive Order 138, issued by former President Rodrigo Duterte in June 2021, directs the full devolution of several duties of the executive arm of government to LGUs.
As part of their National Tax Allocation, LGUs will get approximately PHP820.3 billion in automatic appropriations, according to Pangandaman, and approximately PHP16.5 billion for the Local Government Support Fund (LGSF).
Budgetary allotments are made under the LGSF for financial support of LGUs, the Growth Equity Fund, and help with the National Task Force to End Local Communist Armed Conflict’s Barangay Development Program.
Also, Pangandaman referred to the DBM’s essential measures that will support local governments in achieving resilience and autonomy.
The institutionalization of the Philippine Open Government Partnership, the implementation of the Participatory Budgeting Program, the continued push for the passage of the Progressive Budgeting for Better and Modernized (PBBM) Governance Bill, and the rollout of the DBM’s Digital Transformation Roadmap are some examples of such initiatives, according to the speaker.
The national government has also appropriated funds for the Bangsamoro Autonomous Region in Muslim Mindanao’s (BARMM) Annual Block Grant, Special Development Fund for the rebuilding, rehabilitation, and development of its conflict-affected communities, as well as their share of taxes, fees, and charges collected in the region.
All of the DBM’s activities, according to Pangandaman, demonstrate the organization’s commitment to understanding the requirements of local governments and the Filipino people in the quest of good governance.
“We will all be motivated to strive to the best of our abilities for the improvement of our communities and our nation via empathy. We can deliver real public service in our country by working with the people, as stated in the phrase Sa tunay na pakikiisa sa ating mga mamamayan “She spoke.***
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