Senate starts hearing on proposed P3.35-T nat'l budget | Inquirer News

Senate starts hearing on proposed P3.35-T nat’l budget

By: - Reporter / @MAgerINQ
/ 09:37 AM August 30, 2016
senate budget hearing

Senate starts deliberations on the proposed P3.35 trillion national budget for 2017. MAILA AGER/

The Senate committee on finance on Tuesday began its deliberations on the proposed P3.35-trillion national budget for 2017 with a briefing from members of the Development Budget Coordination Committee (DBCC).

Present at the hearing of the committee headed by Senator Loren Legarda were Budget Secretary Benjamin Diokno, Finance Secretary Carlos Dominguez III, National Economic Development Authority (NEDA) Secretary General Ernesto Pernia, Bangko Sentral ng Pilipinas Gov. Amando Tetangco Jr, and other officials of their respective offices.


While she expressed support for the administration’s programs, Legarda said her committee would scrutinize the budget “in a manner that is transparent and consultative.”

READ: Itemize lump sums in budget, Recto tells gov’t agencies


She said the committee will not only work closely with the economic managers and all government agencies but it would also consider the people’s concerns to ensure that the proposed budget would indeed be “a budget for real change.”

READ: DBM submits P3.35-T ‘budget for change’ for 2017

“We support the administration’s main thrusts to prioritize and improve education, ensure that more citizens have access to quality and efficient social services, and increase public spending in terms of infrastructure,” the senator said in her opening statement.

“We also seek to attune the national budget with the Sustainable Development Goals (SDGs), which are global aims to end poverty and hunger, improve health and education, make cities more sustainable, combat climate change, promote peace and justice for all, and protect the environment and biodiversity, among others.”

“As we express our support to the administration’s programs, your committee on finance will likewise ensure that it will scrutinize the national budget of 2017 in a manner that is transparent and consultative,” Legarda added. CDG/rga


DBCC meets to present 2017 ‘budget for change’

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: 2017, Bangko Sentral ng Pilipinas, budget, Department of Finance, Development Budget Coordination Committee (DBCC), hearing, National Budget, National Economic and Development Authority (Neda), Senate
For feedback, complaints, or inquiries, contact us.

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.

© Copyright 1997-2022 | 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.