Congress has approved a national government budget of PhP1.226 trillion for 2008, including PhP624 billion in automatic appropriations for debt service.
Congressman Edcel Lagman, chairman of the House appropriations committee, said this year’s budget is PhP44 billion higher than the 2007 allocation of PhP1.182 trillion.
If approved by the president, the Department of Education will get the largest allocation of PhP138.24 billion, followed by the Department of Public Works and Highways with PhP94.73 billion; Department of the Interior and Local Government with PhP53.24 billion; Department of National Defence with PhP50.93 billion; Department of Agriculture, PhP29.161 billion; and Department of Transportation and Communications with PhP20.82 billion.
Other allocations include PhP19.79 billion for the Department of Health; PhP19.64 billion for state universities and colleges; PhP12.50 billion in budgetary support for government corporations; and PhP16.57 billion for the Department of Justice and the Judiciary. A total of PhP41 billion has been set aside for personnel benefits.
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