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Aug 15, 2018 @ 19:14

After hospitals, DBM also cuts budget for school buildings. Here’s why

 

They are giving agencies the amount which they can realistically spend in a year.

The Department of Budget and Management (DBM) has been criticized for slashing agency budgets, especially for key social services like health and education.

Apart from drastically cutting the budget for hospital and medical facility upgrades, the DBM also trimmed the allocation for the Basic Educational Facilities Fund from P105.5 billion in 2018 to just P34.7 billion under the 2019 cash-based budget.

DBM Secretary Benjamin Diokno said he’s not being a party pooper for students — they’re just giving the Department of Education the amount it can historically disburse in a year’s time.

“The 2019 Budget of Expenditures and Sources of Financing took into account the absorptive capacities of the agencies by allocating funds for programs, activities, and projects that they can actually deliver by the end of the fiscal year,” the DBM said in a statement.

“Looking at the data over the recent years of the fund’s existence, there lies significant differences between appropriations, obligations, and disbursements.”

Will this sit well with legislators?

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