Skip to content

Philippines Today

home of the Global Filipino

Menu
  • News Stories
  • Regional News
  • Business & Economy
  • Science & Technology
  • International
Menu

President Aquino says 2016 budget prepares next admin, urges lawmakers to pass FOI bill

Posted on July 28, 2015

MANILA, July 28 (PNA) — President Aquino urged legislatures Tuesday to prepare the way for the next administration as he submits the P3 trillion 2016 national budget to Congress.

In his budget message, the President encouraged lawmakers to remain faithful to the Social Contract with the Filipino People to ensure an honest and effective governance especially on how public money is spent.”Ladies and gentlemen of the 16th Congress: today, I submit a proposed National Budget that is designed to consolidate the reforms that we have introduced since 2010 and provide a strong foundation for Inclusive Development,” the President said.

Through the Budget, the administration can set the pace and tone of governance reform: from establishing tighter controls against corruption, to improving the capability of public institutions to deliver services while being held accountable for their performance.

It can also use the budget to empower citizens in statecraft through greater transparency, accountability, and public engagement.

The P3-trillion Budget is anchored on four principles that define public financial management under the present administration.

This is in line with the following principles: spending within government means, investing in right priorities, delivering measurable results, and empowering citizens through the budget.

Among the government’s major thrust in spending the 2016 budget include ensuring good governance and continuing fight against corruption, making growth inclusive, sustaining the growth momentum, pushing for climate change adaptation and disaster risk reduction and forging just and lasting peace especially in Mindanao.

The administration also firmly believe that greater fiscal transparency leads to a more responsive government, according to the President.

“To ensure the permanency of transparency policies, we urge Congress to pass the Freedom of Information Act,” the President said.

The President also said that through innovations, such as the Transparency Seal, Open Data Philippines, and the People’s Budget, Filipinos could understand the budget better and easily access government information on finances and operations. (PNA)

Share this:

  • Facebook
  • Twitter
  • LinkedIn
  • Pinterest
  • More
  • Tumblr
  • Reddit

Related

News Categories

  • Announcement (34)
  • Business & Economy (1,567)
  • Comment and Opinion (74)
    • Random Thoughts (18)
  • Current Issues (425)
    • Charter Change (1)
    • Election (228)
    • Population (6)
  • International (389)
  • Life In Japan (66)
    • Everything Japan (41)
  • Literary (34)
  • Miscellaneous (610)
  • News Stories (5,312)
  • OFW Corner (297)
  • Others (75)
  • People (408)
  • Press Releases (163)
  • Regional News (3,362)
  • Science and Technology (502)
  • Sports & Entertainment (287)

Latest News

  • BSP keeps policy rates anew December 17, 2015
  • NEDA cuts PHL additional rice import for 2016 by 25% December 17, 2015
  • DA cites serious implications of banning genetically modified products December 17, 2015
  • BBL is not yet dead – Drilon December 17, 2015
  • Comelec recognizes Duterte’s CoC for president December 17, 2015
  • NEDA chief sees 2015 growth at 6% despite typhoons December 17, 2015
  • House of Representatives ratifies bicam report on P3.002-T national budget for 2016 December 17, 2015
  • Cebu-based developer invests PHP430M to build 709 townhouse units in north Cebu town December 17, 2015
  • City gov’t eyes P75-M income from economic enterprise December 17, 2015
  • Baguio City LGU presents traffic plan for holiday season December 17, 2015

Archives

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Science and Technology

  • DOST-ICTO targets 500,000 web-based workers from countryside by 2016
  • (Feature) STARBOOKS: A ‘makeover’ for librarians
  • Science, research reduce ‘cocolisap’ hotspot areas in PHL
  • Montejo to further improve PAGASA and empower scientists
  • 1st PPP in biomedical research produces knee replacement system fit for Asians

Press Releases

  • Microsoft to buy Nokia’s mobile devices business for 5.44-B euros
  • New World Bank climate change report should spur SEA and world leaders into action: Greenpeace
  • Save the Philippine Seas before it’s too late — Greenpeace
  • Palanca Awards’ last call for entries
  • Philippines joins the global call for Arctic protection

Comment and Opinion

  • Remembering the dead is a celebration of life
  • Killer earthquake unlikely to hit Panay Island in near future – analyst
  • It’s not just more fun to invest in the Philippines, it is also profitable, says President Aquino
  • How does one differentiate a tamaraw from a carabao?
  • Fun is not just about the place, it is also about the people, says DOT chief

OFW Corner

  • Ebola infection risk low in Croatia
  • Death toll rises to 41, over 100 still missing in landslide in India
  • Asbestos use in construction a labor hazard
  • 500,000 OFWs to benefit POEA on-line transactions — Baldoz
  • 25 distressed OFWs return home from Riyadh
©2025 Philippines Today | Design: Newspaperly WordPress Theme