President Rodrigo Duterte signed the P3.35 trillion national budget for 2017!!!

President Duterte on Thursday signed the 2017 P3.35 trillion budget as he vowed to ensure that state funds would benefit the poor and vulnerable sectors.

Duterte said the 2017 national budget is the “embodiment of Filipinos’ clamor for change.”

He said the first ever budget of his administration would be “pro-people, pro-investment, pro-growth and pro-development.”

In a statement Duterte said during the ceremonial signing of the 2017 budget in Malacañang, “I have said this before and I will reiterate it. The budget is useless if the Filipino is not at its center. This budget is a credible budget where every peso will be spent for the governments, for the gains of the Filipino people,”

“The signing of the GAA (General Appropriations Act) affirms the national government commitment to support the needs of our people, to enhance basic social services and project,” he added Duterte lauded Congress and the Budget department for ensuring the timely approval of the national expenditure program, which would allow him to carry out his priority programs.

He lamented that the ”bottoms up approach” of the previous administration ate up most of the budget this year. “What was left to me was the budget for the maintenance and (other operating expenses) so when the drug problem erupted, we never expected that the number of addicts would turn out to be hundreds of thousands, I was really helpless,” Duterte said.

“I could not get the money from the other departments and use it for the purpose of another department because I said, that would be stealing from Paul to pay Peter,” he added.

Duterte signed the 2017 General Appropriations Act or Republic Act 10924 at the Rizal Hall in Malacañan Palace, the first under his administration.

Breakdown of 2017 Budget

Department of Education P544.1 billion

Department of Public Works and Highways P454.7 billion

Department of Interior and Local Government P148 billion

Department of National Defense P137.2 billion

Department of Social Welfare and Development P128.3 billion

Department of Health P96.3 billion

[SOURCE]

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