Duterte approves proposed P4.1-T national budget for 2020

ABS-CBN News

Posted at Aug 06 2019 12:30 AM

MANILA—President Rodrigo Duterte has approved the proposed P4.1-trillion national budget for 2020, a Palace official said Monday night.

"This budget proposal is designed to respond to the needs of the majority of our countrymen longing to be uprooted from the decades of: want of basic necessities, inadequate supply of basic services, lack of infrastructures required to spur economic growth, absence of accountability on government coffers, vexing bureaucratic rigmarole, deprived education and unchanged poverty, and geared to achieve a more peaceful and progressive Philippines where the living standards of Filipinos are raised," Presidential spokesperson Salvador Panelo said in a statement.

"We assure everyone that our people's money, with education receiving the biggest slice of the budget, followed by public works, transportation, and health, will be spent wisely to reach a state of vibrant economy that will be felt by the citizenry," he added.

The spending plan for 2020 is higher than this year's budget of P3.757 trillion.