Senate OKs MMDA, DBM budget for 2023 | Inquirer News

Senate OKs MMDA, DBM budget for 2023

By: - Reporter / @zacariansINQ
/ 06:46 PM October 06, 2022

The Senate finance subcommittee on Thursday approved the Metropolitan Manila Development Authority’s (MMDA) P4.4 billion and Department of Budget and Management’s (DBM) P1.8 billion proposed budgets for 2023.

FILE PHOTO

MANILA, Philippines — The Senate finance subcommittee on Thursday approved the Metropolitan Manila Development Authority’s (MMDA) P4.4 billion and the Department of Budget and Management’s (DBM) P1.8 billion proposed budget for 2023.

During the same hearing, the panel also approved various allocations under the Special Purpose Fund.

ADVERTISEMENT

“And I will move Mr. Chairman, that the budget of DBM, and other agencies we are deliberating today be deemed submitted for plenary action,” said Senate Majority Leader Joel Villanueva.

FEATURED STORIES

No objections were made, prompting the subcommittee head, Senator Sonny Angara, to approve the proposed 2023 budget. The two agencies’ budgets are now up for plenary discussions.

During the budget presentation, MMDA chair Carlo Dimayuga III  vowed that the agency will “formulate, coordinate and regulate the implementation of medium and long term plans and programs for the delivery of metro-wide services, land use and physical development.”

Of the MMDA’s budget P2.6 billion will be allocated to maintenance and other operating expenses, P1.7 billion to capital outlay, and P70.3 million will be reserved for personal services.

Meanwhile, the majority of P1.7 billion of DBM’s budget will be allocated to the office of the Secretary, while 77.28 million will be allotted to the DBM’s attached agencies.

RELATED STORY:

P3.5B DOT budget for 2023 gets Senate panel OK 

JPV/abc
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: budget, DBM, Senate

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.