Question & AnswerQ&A (Republic Act No. 6670)
Its main purpose is to amend certain sections and terms used in Presidential Decree No. 1177, as amended, in order to institute a modified performance budget system.
The President must submit the budget within thirty (30) days from the opening of every regular session.
The budget must include expenditures and sources of financing, including receipts from existing and proposed revenue measures.
Yes, the President may transmit proposed supplemental or deficiency appropriations when necessary (a) on account of laws enacted after the budget transmission, or (b) needed in the public interest.
Continuing appropriations may be enacted for public works, highways, and other infrastructure projects requiring more than one year for completion. Revenue estimates for future years shall also be considered in evaluating funding availability.
Appropriations for personal services shall be included in the amount specified for each budgetary program or project and must be itemized. The itemization shall be prepared for all agencies down to specific levels and approved by the President.
All agencies of the Legislative, Executive, and Judicial branches including Constitutional bodies down to the division chief level, and for the Armed Forces and Integrated National Police down to the rank of second lieutenant, except for national security positions approved otherwise by the President.
Appropriations for casual and/or temporary employees shall be lump-sum based on the number of man-hours to be rendered.
Section 26, and Sections 28 and 29 of Presidential Decree No. 1177 have been repealed.
It shall be presented in the form of budgetary programs and projects for each government agency, with appropriations corresponding to each program and project, including statutory provisions, and must contain an itemization of personal services prepared by the Secretary before enactment.
Terms like 'Ministry of the Budget' are changed to 'Department of Budget and Management', 'Minister of Budget' to 'Secretary of the Department of Budget and Management', 'National Assembly' and 'Batasan' to 'Congress', 'Ministry' to 'Department', and 'Minister' to 'Secretary'.
It took effect upon its approval on August 4, 1988.
Public works, highways, and other bills requiring appropriations may be filed anytime during Congress sessions and will be considered upon reporting out by the corresponding committees.