{"id":170369,"date":"2018-07-11T01:50:40","date_gmt":"2018-07-11T05:50:40","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=170369"},"modified":"2018-07-11T01:50:40","modified_gmt":"2018-07-11T05:50:40","slug":"cabinet-approves-p3-757-t-budget-for-2019","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/07\/11\/cabinet-approves-p3-757-t-budget-for-2019\/","title":{"rendered":"Cabinet approves P3.757-T budget for 2019"},"content":{"rendered":"<figure id=\"attachment_170371\" aria-describedby=\"caption-attachment-170371\" style=\"width: 300px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/07\/Cabinet-meeting-July-10_5b4453f4757418_53117089.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-170371\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/07\/Cabinet-meeting-July-10_5b4453f4757418_53117089.jpg\" alt=\"Presidential Spokesperson Harry Roque said the proposed national budget was approved during a record nine-hour Cabinet meeting that lasted up to 1 a.m. on Tuesday. (PNA photo)\" width=\"300\" height=\"200\" \/><\/a><figcaption id=\"caption-attachment-170371\" class=\"wp-caption-text\">Presidential Spokesperson Harry Roque said the proposed national budget was approved during a record nine-hour Cabinet meeting that lasted up to 1 a.m. on Tuesday. (PNA photo)<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong>\u00a0&#8212; Malacanang on Tuesday announced that the Cabinet of President Rodrigo Duterte approved the proposed PHP3.757-trillion budget for year 2019.<\/p>\n<p>Presidential Spokesperson Harry Roque said the proposed national budget was approved during a record nine-hour Cabinet meeting that lasted up to 1 a.m. on Tuesday.<\/p>\n<p>Roque said personal services will get the biggest pie of 31.5 percent or PHP1.185 trillion followed by capital outlays amounting to PHP752.7 billion or 20 percent of the proposed budget.<\/p>\n<p>The local government units (LGUs) will get third highest share of PHP640 billion or 17.1 percent followed by maintenance expenditures which has allotment of PHP562.9 billion (15 percent).<\/p>\n<p>A total of PHP414.1 billion (11 percent) will be used for debt servicing while PHP187.1 billion (5 percent) and PHP14.5 billion (0.4 percent) will go to tax expenditures and government-owned and controlled corporations, respectively.<\/p>\n<p>\u201cAgain, the budget that the Cabinet has approved for the year 2019 is PHP3.757 trillion,\u201d Roque said in a press conference held in Indang, Cavite.<\/p>\n<p>Last year, Duterte personally submitted the proposed national budget for 2018 amounting to PHP3.767 trillion after he delivered his second State-of-the-Nation Address (SONA).<\/p>\n<p>Duterte is scheduled to deliver his third SONA on July 23 which he said will be over in 35 minutes.<\/p>\n<p>In 2017, Duterte\u2019s SONA lasted for 120 minutes while his first SONA in 2016 was finished in 90 minutes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0&#8212; Malacanang on Tuesday announced that the Cabinet of President Rodrigo Duterte approved the proposed PHP3.757-trillion budget for year 2019. &hellip;<\/p>\n","protected":false},"author":33,"featured_media":170371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,95],"tags":[53064,13135,31449],"class_list":["post-170369","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-news-ph","tag-php3-757-trillion-budget","tag-president-rodrigo-duterte","tag-presidential-spokesperson-harry-roque","mauthors-jelly-musico","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/170369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=170369"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/170369\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/170371"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=170369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=170369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=170369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}