TINIYAK ng Department of Budget and Management (DBM) sa publiko ang transparent na paggamit ng PHP5.768 trillion budget para sa 2024.
“The DBM shall continue to ensure “sound, efficient, and effective management and utilization of government resources to achieve our country’s development goals,” ayon kay Secretary Amenah Pangandaman sa isang kalatas.
Para tugunan ang mga concerns ukol sa fiscal prudence, sinabi ni Pangandaman na patuloy na ipaprayoridad ng 2024 national budget ang debt management, habang sinusuportahan ang post-pandemic recovery ng bansa na ginabayan ng Medium-Term Fiscal Framework (MTFF).
Ayon sa Kalihim, “there is a projected decrease in the deficit from 6.1 percent in 2023 to a target of slightly above 5 percent in 2024, stressing that it demonstrates the Marcos administration’s commitment to fiscal consolidation over the long term.”
“Our MTFF started with a very high deficit, exceeding 7 percent during the pandemic… We’re making steady progress, aiming to bring it down to 3 percent by 2028. Reducing the deficit translates to less borrowing, but responsible borrowing for productive purposes remains crucial,” aniya pa rin.
Sa kabilang dako, muli naman inulit ni Pangandaman ang commitment ni Pangulong Ferdinand R. Marcos Jr. na makapag-iwan ng pamana na “free of burdensome debt for future generations.”
“We are one with the President in ensuring that we honor the taxpayers who make the national budget possible. As what the President said, ‘Debt is not the kind of inheritance we want for those who will come after us. Good fiscal stewardship imposes upon us discipline not to be led into the temptation of bloating what we owe,’” anito.
Nilinaw din ni Pangandaman na ang unprogrammed funds sa 2024 General Appropriations Act ay “standby appropriations” at naiiba mula sa approved government fiscal program.
Tinuran nito na ang unprogrammed funds para sa susunod an taon ay makatutulong sa pamahalaan na matugunan ang “unforeseen expenditures” at iprayoridad ang mahahalagang program at proyekto.
Winika pa nito na ang unprogrammed appropriations ng 2024 budget ay mayroong built-in safeguards para mapigilan ang “unconstitutional spending.”
“The unprogrammed funds are not automatically allocated and can only be released, if several funding conditions are met, such as when the government, through the Bureau of the Treasury, is able to collect excess revenue or income beyond its initial projection, or should foreign or approved financial loans or grants proceeds are realized,” ayon sa DBM.
“Should there be excess revenues that may trigger the availability of the unprogrammed funds, government agencies are required to submit necessary requirements before given access to the standby fund to ensure that spending stays within legal limits,” ayon pa rin sa departamento. Kris Jose