Home ›› 17 Aug 2021 ›› World Biz
Philippine President Rodrigo Duterte is seeking a record 5.024 trillion pesos ($99.13 billion) budget for 2022 to help the country recover from the coronavirus pandemic, the presidential spokesperson said on Tuesday.
The government is facing multiple challenges including reviving a pandemic-hit economy, containing the spread of more infectious coronavirus variants, and creating jobs through its infrastructure programme.
The proposed budget, 11.5 per cent higher than the 2021 allotment, will be submitted to Congress on Monday, Harry Roque, Duterte's spokesperson, told a news conference.
The social services sector, which includes Covid-19 vaccine procurement and universal healthcare, will receive the highest allocation at 1.92 trillion pesos, followed by 1.47 trillion pesos for the economic service sector that involves key infrastructure projects, Roque said.
It is the final budget for Duterte, who will end his single six-year term in June 2022.
The Southeast Asian nation, which was among the fastest-growing economies in Asia before the pandemic, exited recession in the second quarter after five consecutive quarters of contraction. A renewed surge in Covid-19 cases, driven by the virulent Delta variant, has brought total infections to 1.75 million and deaths to 30,366, government data show.
Duterte's proposed budget will likely face tough scrutiny from lawmakers after state auditors flagged inefficiencies and deficiencies in the use of government funds, including those meant to fund pandemic measures.
The health ministry is under fire for not paying risk allowances to overworked nurses, and "deficiencies" involving $1.3 billion, casting doubt on the country's pandemic response.
Health Secretary Francisco Duque, who has faced calls to resign, at the weekend denied that any money had been stolen and Duterte on Monday backed the minister.
($1 = 50.68 Philippine pesos)
