Pasado agad! Isko Moreno signs Manila’s P17.8B budget for 2020

0 2,360

Manila Mayor Isko Moreno signed on Thursday the city’s budget for 2020, which amounts to nearly P18 billion.

The Manila City Council said Ordinance 8585, which provides for an annual appropriation of P17,857,086,146, is the biggest budget to be passed and fastest to be signed by the mayor.

Social services will receive the highest allocation under the city budget, amounting to P8.5 billion. Of this amount, P1.8 billion Will be allocated for the city government’s social amelioration program, which has 301,092 beneficiaries.

The Universidad de Manila (UdM) will receive a P300.4-million budget for next year, while the Pamantasang Lungsod ng Maynila (PLM) has an allocation of P145.5 million.

The rest of the Manila City Schools will also receive a total of P130,161,037 budget for next year for their operational requirements.

The city government also allotted P1,269,971,136 for its environmental management efforts.

A total of P350,000,000 would be provided for the city government’s peace and order efforts, while P742,590,482 would be allotted to local disaster risk reduction and management efforts.

The city government’s housing services, which includes the Land for the Landless program and the Vertical Housing program, would get an allocation of P300,000,000.

The city government’s General Services comes second, with an allocation of P4,109,796,562 or 23 percent of the budget.

This is followed by Statutory and Contractual Obligations, with an allocation of P3,046,077,153, and Economic Services with P2,171,270,318.

Compared to the 2019 budget with only P14,862,263,289, the 2020 executive budget enjoys an increase of P2,994,822,857 resulting to the total budget of P17,857,086,146.