National Defense gets 3rd largest pie in next year’s budget
The Aquino government proposed a PhP2.6 trillion budget for 2015 which is 15.1 percent higher from the current year’s PhP2.265 trillion budget. “Our proposed spending program is an expression of the President’s [Benigno S. Aquino III] unerring commitment to bring inclusive socio-economic development to the people,” Budget and Management Secretary Florencio “Butch” Abad said.
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Social services gets the largest pie in the said 2015 budget which according to DBM chief, shows the current “administration’s continuing pursuit of its antipoverty goals.” This include provisions for basic education and universal health care.
Economic services also have a major share with PhP700.2 billion allocated fund towards this sector aiming for the President’s inclusive growth campaign.
Top 3 departments with big share in next year’s budget are the Department of Education (DepEd) with P367.1 billion, P303.2 billion for Department of Public Works and Highways (DPWH) and P144.5 billion goes to Department of Nation Defense (DND).