November 23, 2021

The House extends the availability of the 2021 budget until December 20, 2022

On second reading, the House of Representatives approved a proposal on Monday to extend the availability of the 2021 national budget until December of next year.

House Bill 10373, authored by ACT-CIS Party-list Rep. Eric Go Yap, was approved by voice vote in the lower chamber. It amends Section 62 of Republic Act 11518, also known as the General Appropriations Act (GAA) of Fiscal Year 2021.

The proposed amendment would make the 2021 appropriations available until December 31, 2022.

According to Yap, the coronavirus pandemic limited opportunities for socioeconomic growth and development.

He also stated that it caused “disruptions” in government operations, which resulted in delays in the release and issuance of budget allocations.

“As the year comes to a close, there are still programs, projects, and activities funded by the 2021 GAA that are desperately needed by the Filipino people, particularly those in the most vulnerable sectors,” he said.

He stated that extending the availability of this year’s budget would allow agencies to fully utilize the allocations to implement government programs and projects while also ensuring that the intended beneficiaries of these basic services are reached.

He stated that the national budget for 2021 would strengthen the country’s response to the pandemic while also boosting economic recovery.

“The GAA of 2021 is based on the philosophy that, in addition to our priorities for responsive and dynamic governance, the focus of our resources must be directed to the most pressing priority – to reset our momentum and action, rebound from the devastating effects of the pandemic on the health and economy, and fully recover from current and continuing effects of the crisis,” Yap said.

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