Lawmakers Seek 23 Budget Approval for Government Agencies
The House Appropriations Committee battled Thursday for approval of the 2023 budgets of departments that deal with the welfare of Overseas Filipino Workers (OFW), the homeless, workers, as well as micro, small and medium scale entrepreneurs.
“Budgets of Migrant Worker Departments; housing, settlement and urban development; labor and employment; and commerce and industry impact the most vulnerable members of Philippine society,” Ako Bicol Rep. Elizaldy Co, chairman of the House Appropriations Committee, said during the budget hearing on Thursday. .
“OFWs, homeless Filipinos, workers and MSMEs have been among the hardest hit by the pandemic. Their recovery will mean the recovery of the whole country,” added Co.
Co said the newly created DMW’s 14.970 billion peso budget for 2023 will address all aspects of migrant labor, from deployment to compensation and working conditions to remittances to reintegration.
He said DHSUD’s 3.951 billion peso budget for 2023 is aimed at addressing Filipino homelessness. It breaks down as follows: Office of the Secretary with 1.042 billion pesos, Human Settlements Arbitration Commission with 408.9 million pesos, National Housing Authority with 2 billion pesos and 500 million pesos housing finance grant social.
He said the DOLE’s 25.899 billion peso budget for 2023 should develop and harness the country’s human resources, as an integral part of President Ferdinand Marcos Jr.’s socio-economic “Program for Prosperity” and transformation. economic which he presented in his first state. Address of the Nation (SONA).
Meanwhile, Co said the DTI’s 19.998 billion peso budget for next year will focus on “the backbone of the Philippine economy, the MSMSEs”.
The House Appropriations Committee worked twice on deliberations on each department’s budget proposals to meet the October deadline imposed by Congress for submission of the 2023 National Budget Proposal to the Senate.
In the meantime, the DTI has said it is willing to partner with industry players to fund the uncovered part of its budget needs as the Department of Budget and Management (DBM) cuts by nearly 50% of the Department’s proposed budget request of 41.117 billion pesos for the fiscal year. 2023.
Commerce Secretary Alfredo Pascual said that despite the cut, the DTI can still pursue the goals set by the president, especially for micro, small and medium enterprises.
Under the National Expenditure Program (NEP) 2023, DBM approved a budget of P22.196 billion for DTI including automatic allocation, which is 10% less than the approved budget of P24.59 billion. pulla in 2022.
For agencies and/or related companies, the allocated budget decreased by 22% to 1.71 billion pula from 2.19 billion pula. With Othel V. Campos