Infra, defense budgets cut for COVID-19 | Inquirer Business
Close  

Infra, defense budgets cut for COVID-19

/ 05:20 AM June 08, 2020

MANILA, Philippines —The Department of Budget and Management (DBM) last month made additional cuts in this year’s budgets for infrastructure and national defense as it reallocated more funds for the government’s new coronavirus (COVID-19) response.

DBM documents showed that in May, another P3 billion was cut from the 2020 budget of the Department of National Defense (DND), bringing it further down to P182 billion.

ADVERTISEMENT

In April, the DND’s budget was already cut by P6.7 billion, bringing the cumulative reduction under the Bayanihan to Heal as One Act to P9.7 billion. The DND’s original budget for 2020 amounted to P191.7 billion.

The Department of Public Works and Highways (DPWH) also suffered another P1-billion budget cut, bringing the two-month reduction to P122.9 billion. Thus, the DPWH was left with P457.9 billion out of its original P580.9-billion budget for 2020.

FEATURED STORIES

—Ben O. De Vera

For more news about the novel coronavirus click here.
What you need to know about Coronavirus.
For more information on COVID-19, call the DOH Hotline: (02) 86517800 local 1149/1150.

The Inquirer Foundation supports our healthcare frontliners and is still accepting cash donations to be deposited at Banco de Oro (BDO) current account #007960018860 or donate through PayMaya using this link .

Subscribe to Inquirer Business Newsletter
Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: coronavirus pandemic, coronavirus Philippines, COVID-19, DBM, defense budget, infrastructure budget
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2021 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.