Ang baba ng spending pero sobrang taas ng unemployment. Ang daming uuwi na OFW repatriates na walang trabaho. Ang dami rin sa kanilang nastranded sa ilalim ng NAIAX last time. Lahat iyan kelangan gastusan.
It’s partly because DND-AFP and DILG-PNP are Personnel Services-heavy departments. They spend a lot on salaries and pension.
When did that happen? Based on out analysis, we saw this pattern emerged when Duterte increased the base pay of the police and military back in 2018.
They protested against that, and rightfully so. Duterte’s move distorted the gov’t salary scheme.
That’s bec the 2018 Budget was the first budget fully crafted by the current admin.
Should we be surprised at the sorry state of our public health system? No. Bec improving public health was not a top priority vis a vis beefing up the salaries of AFP and PNP.
If you ask me, no extra funding should be given to AFP and PNP. They should contribute their manpower for logistics and such.
Doesn’t this pandemic clearly show the connection between public budget and governance results?
Sobrang obvious di ba? Ano pang palpak? Check the spending and you’ll know why.
ilead.ph/wp-content/upl…
I hope that after reading it, you come to the conclusion that we need a MAJOR change in governance and budget priorities
Total Revenues collected from Jan to May:
1.1 Trillion (44% of 2.5 Trillion 2020 program)
Total Net Borrowing from Jan to May:
1.3 Trillion (81% of 1.6 Trillion 2020 program)
1.6 Trillion (40% of 4.1 Trillion 2020 program)
Ang source ng pera ay 1.1T revenues + 1.3T borrowings. That’s 2.4T.
Therefore, may balance pa na 800B as of end May sa Treasury.