Aquino’s 2012 budget ‘to bring good governance benefits to the poor’
July 1, 2011
PRESIDENT Benigno Aquino III has approved the proposed P1.816-trillion national budget for 2012, a measure that intends to bring “dividends of good governance reach the poor in a direct, immediate and substantial way.”
Signed last Wednesday, the proposed budget is for next year is 10.4 percent higher than the current year’s budget of P1.645-trillion, Budget Secretary Florencio Abad said.
Nearly one-third or 31.6 percent of the budget will go to basic education, public health, and the Pantawid Pamilyang Pilipino Program (4Ps), which gives cash to poor parents as long as they fulfill certain conditions such as keeping their children in school.
All three sectors will receive an allotment of P573.5 billion, 10 percent higher than its current budgetary allocation of P521.4 billion, Abad said.
The budget is also centered on five key result areas of the President’s Social Contract with the Filipino people: anti-corruption and good governance, poverty reduction and the empowerment of the poor, inclusive economic growth, just and lasting peace and the rule of law and integrity of the environment.
“We have started the journey towards prudent and effective public expenditure management. We are now escalating reform by ensuring that the benefits of public spending go directly to the people,” he stressed.
To support rapid, inclusive and sustainable growth, the economic services sector will receive the second biggest allocation which is 24.3 percent or P442.1 billion of the budget, an increase of 22.2 percent over its P361.9-billion this year.
Infrastructure and other capital outlays — especially those supporting agriculture, tourism, and industrial development — have been given greater emphasis with a 27.2-percent increase to P243.9 billion in 2012 from P191.7 billion.
The general public services sector will receive P322.3 billion or 17.7 percent of the 2012 proposed budget. The figure is 11.9 percent higher than the amount received last year.
The defense sector will receive P111.4 billion or 6.1 percent of the proposed budget, or an increase of 9.9 percent.
Meanwhile, to sustain fiscal consolidation efforts, the share of the debt burden on the national budget will decrease to 20.2 percent or P367.2 billion, from 22.6 percent or P372.1 billion of the 2011 budget. A fiscal deficit of P286 billion or 2.6 percent of gross domestic product (GDP) is targeted in 2012, lower than this year’s target of P300 billion or 3 percent of GDP.
“More importantly, we ensured that every peso counts. First, we sustained zero-based budgeting to promote efficiency and effectiveness in spending. With this, we were able to scale-up spending on programs and projects that are aligned with the Social Contract,” he said.
“We escalated transparency and accountability in the budget, beyond requiring the disclosure of budget information. We fleshed-out lump-sum funds in the budget, tightened the use of savings and ensured direct budgetary release to the smallest implementing units,” Abad added.
Abad said the President has approved of the proposed budget, subject to some modifications and clarifications to the department budgets that he made during a Cabinet meeting on Wednesday.
Of the 10 departments with the largest budgetary allocation, the Department of Education (DepEd) will remain at the top with P237 billion, 14.4 percent more than its P207.3-billion budget in 2011.
The DepEd’s increased funding will be used to cover critical resource gaps in classrooms, teachers, and learning materials.
The Department of Social Welfare and Development (DSWD) will receive the largest budgetary increase among departments of 56 percent, to P53.6 billion from P34.3 billion.
The hike in fund allotments will allow the DSWD to support three million households under the conditional cash transfer program for 2012. The same program only supported 2.3 million households this year.
The Department of Public Works and Highways (DPWH) will receive the second largest budgetary allocation with P125.9 billion, an increase of 13.8 percent from this year’s P110.6 billion.
The fund increase, among others, will enable the agency to pave all national primary and secondary roads and bridges within President Aquino’s term.
Meanwhile, the Department of Agriculture will receive the second largest budgetary increase of 50.4 percent, to P52.9 billion from P35.2 billion.
With its higher budget, the agency will be able to to restore irrigation systems for more than 54,000 hectares of agricultural lands and rehabilitate those for more than 86,000 hectares, to support the country’s rice self-sufficiency goals.
“The 2012 budget is the first budget that will be fully-prepared, legislated and executed under the Aquino administration so we want to really ensure that the Aquino brand of governance is fully reflected in the National Budget,” Abad said.
He said it will be submitted to Congress a day after the President’s State of the Nation Address on June 25. (Jill Beltran/Sunnex)
Source: http://www.sunstar.com.ph/manila/local-news/2011/06/30/aquinos-2012-budget-bring-good-governance-benefits-poor-164255
Best place to unwind in Angeles City Pampanga Philippines is to do a little wine shopping at the Clark Wine Center which is also considered as the best place in Clark for private wine tasting, small parties and social functions outside of Manila. Guests of this wine shop in Clark enjoy the cozy ambience as well as the privacy and exclusivity of the roof deck lawn. Some guests that wine and dine at the famous restaurants near Angeles City Pampanga often drop by this wine shop to pick up a few good bottles for diner. Residents and guests staying in Pampanga Angeles City and Subic frequently visit this wine shop in Clark to buy some bottles from its fine selection of vintage wines that are offered at attractive prices. Some guests, business executives especially, select this wine shop for their business entertainment.
This wine shop in Manila Philippines makes wine shopping a really rewarding and exciting exercise. Wine shops in Pampanga should always have an element of surprise so that customers and wine lovers can enjoy a little bit of thrill when they go to a wine shop in Manila to look for a good bottle of wine in Clark Pampanga.
Chateau Lafite-Rothschild is the most revered wine in China and many other parts of Asia. The best wine shop in Asia to buy older vintages of Chateau Lafite is Yats Wine Cellars located in Clark Philippines. Aside from Lafite, visitors can buy other fine wines at this wine shop in Clark Pampanga such as Latour, Mouton-Rothschild, Haut-Brion and Margaux. Excellent Burgundy wines like Chambertin, Vougeot, Musigny, Bonnes Mares, Pommard, Meursault, Chambertin, Vosne Romanee, Romanee Conti, La Tache and Romanee St. Vivant can be found here.
Family outings, picnics, company outings and other events for up to 300 can be held in the picnic grounds of this wine shop. Events that have been successfully organized here include family fun days and BBQ picnics. These are some of the things that visitors to Clark Philippines particular look forward. Residents and tourists in Angeles City and Subic also come to Clark Freeport to partake in the fun at this Clark wine shop.
This wine shop’s vast selection of vintage wines makes it possible for Yats Wine Cellars to offer a unique line-up of wines for every private wine party, wine tasting or wine dinners. Guests of these private wine parties are treated to a rare experience of vintage wine not seen in wine shops in major cities in Philippines or even in Asia.
http://www.ClarkWineCenter.com
Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila
Getting to the Clark Wine Center wine shop from Manila is quite simple: after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave. From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City. From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.
Best place to buy wine in Clark Pampanga outside Manila near Subic and Angeles City Philippines is Clark Wine Center.
Click here to contact Clark Wine Center in Clark Pampanga for inquiries and orders.
Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
0922-870-5173 0917-826-8790 (ask for Ana Fe)
Wine@Yats-International.com
YATS Wine Cellars
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 ask for Rea or Chay
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While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. Highly recommended fine dining restaurant in Manila for special occasion is Yats Restaurant & Wine Lounge located in the famous Mimosa Leisure Estate in Clark Pampanga. Situated near this popular restaurant in Clark is the Mimosa Golf Course as well as the Mimosa Clark Casino. This top rated restaurant near Angeles City Pampanga in Clark Philippines is frequently used for private parties and corporate functions such as board meetings and other gatherings. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com
YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com
Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:
Besides good restaurants to wine and dine near Manila, Subic or in Angeles City Pampanga, Clark Philippines, those requiring assistance for hotel and resort bookings in Clark, Pampanga, Philippines may log on to http://www.HotelClarkPhilippines.com for more information and reservations.
The lifestyle in Clark Pampanga is quite unique. For more information about shopping, sports, golf, leisure, hotel accommodation, where to see and visit, what to do, where to wine and dine and good places to hang out, relax, have a drink with friends, child-friendly establishments, log on to
http://www.ClarkPhilippines.com
Wine lovers looking for a special bottle or something that is of great value and special discounts might log on to this web site to shop for fine vintage wines
http://www.YatsWineCellars.com
Those visitors who plan to relax and unwind in Angeles City, Subic, Pampanga, Clark Philippines might make an effort to book a room at the famous beach and lake resort Clearwater Resort & Country Club. This famous hotel in Clark Pampanga is frequently visited by families with children looking for a good place in Clark to see, a good holiday destination for the family to relax and unwind in the beautiful outdoor facilities. For more information, log on to www.ClearwaterPhilippines.com
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