Economy of The Philippines - Government Budget

Government Budget

Main article: Fiscal policy of the Philippines

The national government budget for 2012 has set the following budget allocations:

Budget Allocation Millions of Pesos
(PHP)		 Millions of US Dollars
(USD)		 %
Department of Education ₱238,800 $5,513.7 13.15
Department of Public Works and Highways 126,400 2,918.5 6.96
Department of National Defense 108,100 2,496.0 5.95
Department of Interior and Local Government 99,800 2,304.3 5.50
Department of Agriculture 61,400 1,417.7 3.38
Department of Social Welfare and Development 48,800 1,126.8 2.69
Department of Health 45,800 1,057.5 2.52
Department of Transportation and Communications 34,700 801.2 1.91
State Universities and Colleges 25,800 595.7 1.42
Department of Finance 23,600 544.9 1.30
Department of Environment and Natural Resources 17,500 404.1 0.96

Read more about this topic:  Economy Of The Philippines

Famous quotes containing the words government and/or budget:

    “No government ought to be without censors; and where the press is free no one ever will.”
    —Thomas Jefferson (1743–1826)

    “We might come closer to balancing the Budget if all of us lived closer to the Commandments and the Golden Rule.”
    —Ronald Reagan (b. 1911)