MANILA, Philippines — As the lower chamber gears up for budget deliberations, House Speaker Alan Peter Cayetano has assured hearings on the 2021 national budget will be “very transparent.”Budget deliberation in the House of Representatives is set to begin on September 4 after the Department of Budget and Management (DBM) submitted to Congress the proposed P4.506-trillion national budget for 2021. Cayetano said the hearing on September 4 will focus on the state of the economy and on the macro-economic assumptions the administration used in putting together the budget proposal. Invited to the hearing at the plenary hall are members of the Development Budget Coordination Committee (DBCC), namely Budget Secretary Wendel Avisado, Finance Secretary Carlos Dominguez, acting Economic Planning Secretary Karl Kendrick Chua, and Bangko Sentral ng Pilipinas Governor Benjamin Diokno. Cayetano earlier said the lower chamber is eyeing to finish budget deliberations by the end of September. (Then) infrastructure for tourism, also for agriculture,” Cayetano said.

Source: Philippine Daily Inquirer August 30, 2020 08:14 UTC