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  • FF2021-16: Philippine Global Talent Competitiveness Ranking 2019-2020
    The Global Talent Competitiveness Index (GTCI) involves a set of policies and practices that enables a country to attract, develop, and retain the human capital that contributes to the productivity of a country. The GTCI was jointly produced by the European Institute of Business Administration (INSEAD), the Adecco Group (a multinational human resource consulting company), and Singapore’s Human Capital Leadership Institute.
  • FF2021-15: 2020 Global Connectivity Index: Performance of ASEAN Member-States
    The Global Connectivity Index (GCI) is a report published by Huawei Technologies to analyze a broad spectrum of indicators for information and communications technology (ICT) infrastructure and digital transformation. The GCI benchmarks 79 countries according to their performance in four pillars and 40 indicators that track the impact of ICT on a nation’s economy, digital competitiveness and future growth. Combined, these countries account for 95 percent of global GDP.
  • DP2021-01: Estimating the Cost of Regularizing Barangay Officials
    There are a total of 45 bills currently filed that seek to establish a Magna Carta for Barangays that will provide barangay officials with compensation at par with City/Municipal Councilors. Currently, the barangay chairperson receives a minimum rate of P1,000 per month while the barangay kagawads, secretary, treasurer, and SK chairpersons receive a minimum of P600. The proposed legislation will entitle the barangay chairpersons to compensation ranging from salary grades 24-27, depending on LGU type. Meanwhile, barangay kagawads will be given eighty percent (80%) of the salary of their barangay chairperson, and the SK chairpersons, barangay secretaries, and treasurers are set to receive seventy-five percent (75%). This paper aims to estimate the funding that the proposed measure entails.
  • FF2021-14: Philippines’ Performance in the Worldwide Governance Indicators, 2020
    The Worldwide Governance Indicators (WGI) project of the World Bank (WB) reports on the six broad dimensions of governance for over 215 countries and territories over the period 1996 to 2019. The dimensions include: 1) Voice and Accountability; 2) Political Stability and Absence of Violence; 3) Government Effectiveness; 4) Regulatory Quality; 5) Rule of Law; and 6) Control of Corruption. The Philippine Development Plan (PDP) envisions that by next year (2022), the country will have improved rankings in the global governance indices..
  • FF2021-13: NG Financing: November 2020 Update
    The National Government (NG) borrows from domestic and external sources to finance its operations and investments, given inadequate tax and non-tax revenues. Borrowings form an integral part of NG financing, especially during periods of economic distress, when a decline in economic activity leads to lower revenues. The greater role of borrowings is evident during economic contractions, such as the crisis that resulted from the COVID-19 pandemic.
  • FF2021-12: Provision of Water for Safe Drinking, Sanitation, and Hygiene in the Philippines
    The ongoing COVID-19 pandemic highlights the importance of access to adequate water for safe drinking, sanitation, and hygiene (WASH)1 in preventing diseases. For instance, the World Health Organization recommended washing hands with soap and water for at least 20 seconds to eliminate the virus effectively.
  • FF2021-11: Corruption Perception Index (CPI), 2020
    The Corruption Perceptions Index (CPI) was first launched in 1995 by the Transparency International (TI). The goal of the CPI is to provide data on extensive perceptions of corruption within countries, and to enhance understanding of levels of corruption from one country to another. The countries and territories included in the CPI report increased from 41 in 1995 to 180 in 2020.
  • FF2021-10: 2020 Philippine Economic Performance
    The Philippine economy, as measured by the gross domestic product (GDP), contracted by 8.3 percent in the fourth quarter of 2020 from a growth of 6.7 percent in the same period in 2019. For the whole of 2020, GDP shrank by 9.5 percent from an expansion of 6.0 percent in 2019. This is at the low-end of the government’s growth estimate of -8.5% to -9.5% for 2020. According to the Philippine Statistics Authority (PSA), the 9.5 percent GDP contraction in 2020 is the worst economic performance ever based on recorded data since 1945.
  • FF2021-09: GLOBAL CLIMATE RISK INDEX 2021
    The Philippines ranked 17th in the world as the most affected country from extreme weather events in the Global Climate Risk Index (CRI) 2021. The country got a score of 26.67 using 2019 data. In 2018, it ranked 2nd in the index with a score of 11.17, the lowest during the 2015-2019 period. Note that Typhoon Mangkhut (Ompong), a category 5 super typhoon and the most powerful typhoon recorded worldwide in 2018, made landfall in Cagayan province in September of that year.
  • CSP-59: A COMPENDIUM OF BRIEFS ON PRIORITY LEGISLATIVE PROPOSALS FOR THE SECOND HALF OF THE 18TH CONGRESS
    The urgent demands of policy formulation, midway into the Eighteenth Congress, involves the continuous grind of the legislative mill even as key legislation have been enacted in the first half, notably those that seek to address the COVID-19 pandemic, namely the Bayanihan to Heal as One Act (Bayanihan 1) and the Bayanihan to Recover as One Act (Bayanihan 2), among other measures likewise crucial to national development. To give research support to the remaining work of the Eighteenth Congress, the Congressional Policy and Budget Research Department (CPBRD) produced this compendium of briefs on 96 individual legislative proposals classified into four policy areas, namely economic, social development, fiscal, and governance.  Each brief presents key aspects requiring legislative intervention and the salient features of the specific legislative proposal.
  • FF2021-08: Food Security Index 2019 ASEAN Member States
    The Global Food Security Index (GFSI) by The Economist Intelligence Unit (EIU) and Corteva Agriscience considers the core issues of food affordability, availability and quality across a set of 113 countries. GFSI further assesses a country’s exposure to the impact of a changing climate, its susceptibility to natural resources risks, and how the country is adapting to these risks. Scores are categorized as weak (20.0- 39.9), moderate (40.0 - 59.9), good (60.0 - 79.9), and very good (80.0+).
  • FF2021-07: 2020 Asian Water Development Outlook: Performance of ASEAN Member States
    The Asian Water Development Outlook (AWDO) is a report published by the Asian Development Bank (ADB) and the Asia-Pacific Water Forum (APWF) which aims to assess water management and security conditions of 49 economies in the Asia-Pacific region. To measure the extent of water security, each country is assessed in the AWDO through the National Water Security Index (NWSI) representing the five stages of water security. The NWSI has a maximum value of 5 and a maximum score of 100. Each stage of the index corresponds to the total scores of a country’s five key dimensions (KDs) on water security with the most advanced stage categorized as “model” and the least advanced as “nascent.”
  • FF2021-06: The Philippines in the 2020 Network Readiness Index
    The Network Readiness Index (NRI) provides a holistic framework for assessing the multi-faceted impact of Information and Communications Technology (ICT). The NRI was developed by the World Economic Forum as part of the Global Information Technology Report (GITR) published by the Portulans Institute.
  • FF2021-05: OVERSEAS FILIPINO WORKERS PROFILE
    Prior to the onslaught of the COVID-19 pandemic, there was an estimated 2.2 million Overseas Filipino Workers (OFWs) according to the 2019 Survey on Overseas Filipinos (SOF) Report by the Philippine Statistics Authority (PSA). OFWs with existing work employment contracts, referred to as Overseas Contract Workers (OCWs), comprised 96.8% or roughly 2.1 million, while only 3.2% or about 70,000 were those without contract. A slight decrease in the number of OFWs was noted in 2019 compared to 2017 and 2018 surveys.
  • FF2021-04: Benchmarking Public-Private Partnership (PPP) Procurement
    Robust and reliable infrastructure is a key driver of economic growth and improved standards of living. While several economies rely on the government in the provision of public infrastructure to address chronic infrastructure gaps, many have also turned to public private partnerships (PPPs) to design, finance, build and operate infrastructure projects to address the government’s budgetary constraints. PPPs refer to any contractual arrangement between a public entity or authority and a private entity in the provision of a public asset or service, wherein the private entity bears significant risks and has management responsibility (World Bank, 2018).
  • FF2021-03: E-Government Development and E-Participation Indices, 2020
    The E-Government Development Index (EGDI) is a composite indicator which is used to measure the readiness and capacity of national institutions to use information and communications technologies (ICTs) to deliver public services. It is the product of a survey—the only global report that assesses the e-government development status of all United Nations Member States. It is based on the weighted average of three normalized indices: 1) telecommunications infrastructure index (TII), 2) human capital index (HCI), and 3) online service index (OSI).
  • CSP-58: FISCAL ROADMAP TO ECONOMIC RECOVERY
    Fiscal policy can play an important role in supporting robust and equitable economic growth. The COVID-19 pandemic and its economic consequences have caused potential output in many countries to decline sharply. As such, government responses should be swift, concerted and commensurate with the severity of the public health crisis, with fiscal tools taking a key role. Restoring growth is essential in mitigating fiscal challenges ahead.
  • FF2021-02: Official Development Assistance: 2019 Update
    Official Development Assistance (ODA) is an important source of development financing for the Philippines. Republic Act No. 8182 or the Official Development Assistance Act of 1996 defines ODA as a loan or grant contracted with foreign governments (with whom the country has diplomatic or trade relations) and international or multilateral lending institutions. ODA contains a grant element of at least twenty-five percent (25%) and is intended to promote sustainable social and economic development and welfare.
  • FF2021-01: Paying Taxes in ASEAN-10
    The Paying Taxes report is an annual study by the Pricewaterhouse Coopers (PWC) and the World Bank Group. The 2020 report (14th edition) presents a comparative analysis on the tax systems of 190 countries, specifically the taxes and mandatory contributions that a medium-sized company must pay in a given year as well as the administrative burden of paying taxes and complying with post-filing procedures (i.e. VAT refunds and tax audits).
  • FF2020-50: NDRRM Fund
    Section 22 of the “Philippine Disaster Risk Reduction and Management Act of 2010” (RA 10121) provides for the National Disaster Risk Reduction and Management (NDRRM) Fund. It is appropriated annually for disaster risk reduction, mitigation, prevention and preparedness activities. The Office of Civil Defense (OCD) through the National Disaster Risk Reduction and Management Council (NDRRMC) manages the Fund (NDRRMF).
  • FF2020-49: Employment Situation October 2020
    About 3.8 million Filipinos were unemployed, or an unemployment rate of 8.7% in the third quarter of 2020, was estimated by the Labor Force Survey (LFS) of the Philippine Statistical Authority (PSA). The unemployment rate improved by at least 1.3 percentage points from the 10.0% estimated in July 2020 or a decrease in the number of unemployed persons by 758,000. This figure is also the lowest since April 2020, but it is still higher than the 4.6% recorded in the 3rd quarter of 2019. The underemployment rate was also lower at 14.4% from 17.3% in July 2020.
  • DP2020-01: The Role of Fiscal Decentralization in Reducing Poverty and Inequality: Empirical Evidence using the Regional Authority Index
    Papers favoring decentralization argue that subnational governments (SNGs) are better situated than the national government to ascertain citizens’ preferences, making SNGs more responsive to local needs through poverty-alleviating and inequality-reducing initiatives, among others. Several decentralization-related measures had been filed in the 18th Congress, including those calling for constitutional change of the system of government to promote broader regional autonomy and equitable wealth distribution. This paper aims to contribute to the national discussion on the role of decentralization in reducing poverty and inequality. By using the cross-country Regional Authority Index as measure of fiscal decentralization and by employing a fixed-effects model, this paper finds a significant and inverse relationship between the decentralization and poverty, and decentralization and inequality. One key finding is the importance of SNGs in co-determining national policies, such as the distribution of national taxes. This suggests the significance of a mechanism through which SNGs are represented and take part in decisions concerning national policies.
  • FF2020-48: NG EXPENDITURE UPDATE: JANUARY-SEPTEMBER 2020
    The National Government (NG) deficit as of the third quarter of 2020 widened to P879.2 billion or almost three times higher than last year's level. Table 1 shows that on a year-on-year basis (i.e., considering only the first three quarters of the year), expenditures in 2020 grew by 15.1%, which is 9.6 percentage points higher than the growth in 2019, but still slower than the 23.6% spending growth posted in 2018. As a ratio to GDP, total expenditures amounting to P3.02 trillion is higher at 23.6% compared to about 19% in the past two years. However, this is partly due to lower than expected GDP during the height of the pandemic that also resulted in lower revenue collection.
  • FF2020-47: Pagcor Revenues and Contributions, 2015-2019
    Presidential Decree No. 1869 signed in July 1983 consolidated all laws issued in relation to the Philippine Amusement and Gaming Corporation or PAGCOR (i.e. PD 1067-A, 1067-B, 1067-C, 1399 and 1632). Under the PAGCOR charter, the corporation is mandated to: (a) regulate, operate, authorize and license games of chance, games of cards and games of numbers, particularly casino gaming; (b) generate revenues to finance the government’s socio-civic and national development programs; and (c) help promote the tourism industry.
  • FF2020-46: Third Quarter 2020 Philippine Economic Performance
    The Philippine economy, as measured by the gross domestic product (GDP), contracted by 11.5% in the third quarter of 2020 from an expansion of 6.3% in the same period in 2019 (Figure 1). While local economy continues to reel from the COVID-19 pandemic, the contraction in the third quarter is an improvement from the 16.9% decline in the second quarter of 2020. With the 10% contraction in the first three quarters of 2020, the economy needs to grow by 7.1% in the fourth quarter to meet the government’s full year target of -5.5%.
  • FF2020-45: Remittances Overseas Filipinos in August 2019-2020
    Personal remittances in August 2020, or house-tohouse transfers from overseas Filipinos (OFs) to their families, declined year-on-year by 4.1% to US$2.76 from US$2.87 billion recorded in August 2019. The cumulative remittances for the first eight months of the year totaled US$21.41 billion, a slight decrease of 2.6% from the US$ 21.99 billion recorded in the same month in 2019.
  • FF2020-44: January to September 2020 Revenue Performance
    The Cash Operations Report of the Bureau of Treasury (BTr) serves as a window to the fiscal performance of government in terms of revenue collections, expenditures, and fiscal balance (i.e. budget surplus or deficit). It also presents how the cash deficit is financed specifically through domestic and external borrowings.
  • FF2020-43: 2019 Economic Performance of the Philippine Regions
    Based on the report of the Philippine Statistics Authority (PSA) adopting 2018 as the new base year for the national income accounts, six of the 17 regions in the Philippines surpassed the 6.0% overall economic growth in 2019. The Bicol region registered the fastest growth rate at 7.4% from 6.9% in 2018. This was followed by the NCR (7.2%), Davao (7.0%), Ilocos (6.9%), Cagayan Valley (6.7%) and Western Visayas (6.4%). Except for Davao, these regions also bucked the deceleration in the growth of the overall economy. On the other hand, the regions which registered the lowest growth rates are: MIMAROPA (3.9%) and SOCCSKSARGEN (3.5%). Regional.
  • FF2020-42: Marine Plastic Pollution
    Globally, the Philippines ranked third in countries who pollute the oceans the most. Mismanaged plastic waste that is either littered or inadequately disposed usually find their way to the ocean as marine debris. In 2010, it was estimated that 1.88 million metric tons (MMT) of mismanaged plastic waste came from the Philippines with 750,000 metric tons eventually becoming plastic marine debris. China and Indonesia are the top two polluters.
  • FF2020-41: Regulatory Enforcement in Southeast Asia
    Regulatory enforcement is one of the factors measured under the Rule of Law Index (ROLI) of the World Justice Project (WJP). This particular ROLI factor examines how government regulations “are fairly and effectively implemented and enforced” in their respective territories and countries. It assesses different areas that governments continue to regulate such as consumer protection, occupational health and safety, public health, commercial transactions, among others. Each of the indicators or dimensions under this regulatory enforcement factor is scored from 0 to 1, with 1 indicating the strongest adherence to the rule of law.
  • FF2020-40: Employment Situation July 2020
    Some 4.6 million Filipinos were unemployed, or a 10.0% unemployment rate was recorded in the second quarter of 2020, according to the Labor Force Survey (LFS) of the Philippine Statistical Authority (PSA). This is lower than the record high 17.7% (7.3 million Filipinos) estimated in April 2020 when the government-imposed Enhanced Community Quarantine (ECQ) due to COVID-19 pandemic was still in effect.
  • FF2020-39: Fire Incidents and BFP Performance
    Republic Act No. 6975 created the Bureau of Fire Protection (BFP) as an attached bureau to the Department of the Interior and Local Government (DILG). BFP envisions a modern fire service fully capable of ensuring a fire-safe nation by 2034. The BFP modernization program seeks to upgrade the government’s firefighting capability to include fire protection services for buildings and structures, including forests, airports, ships and vessels docked at wharves. This is aligned with Sustainable Development Goal (SDG) No. 11 of the global indicator framework in making cities and human settlements inclusive, safe, resilient, and sustainable.
  • ABN2020-30: NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY FY 2021
    The Agency Budget Notes (ABN) on the National Economic and Development Authority contributes to the making of more informed reviews and deliberation of the proposed budget of the Agency submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • FF2020-38: 2019 BUDGET UTILIZATION
    Republic Act No. 11260 or the General Appropriations Act (GAA) of FY 2019 continues to adopt the GAA as-release-document (GAARD) policy except for lump sum appropriations and those with conditions before release. With GAARD, agencies can immediately obligate and enter into contract upon the approval of the GAA, subject to procurement rules. The FY 2019 GAA was signed into law on April 2019 which caused a delay on its implementation for four months.
  • FF2020-37: PERFORMANCE OF THE PHILIPPINES IN THE 2020 GLOBAL INNOVATION INDEX
    The Global Innovation Index (GII), an annual publication of the Cornell University, INSEAD graduate school, and the World Intellectual Property Organization (WIPO), presents a muster of metrics to measure innovation and assist economies in evaluating their innovation performance and making informed innovation policy decisions.
  • ABN2020-29: COMMISSION ON HUMAN RIGHTS FY 2021
    The Agency Budget Notes (ABN) on the Commission on Human Rights contributes to the making of more informed reviews and deliberation of the proposed budget of the Agency submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-28: STATE UNIVERSITIES AND COLLEGES FY 2021
    The Agency Budget Notes (ABN) on the State Universities and Colleges contributes to the making of more informed reviews and deliberation of the proposed budget of the Agency submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-27: CIVIL SERVICE COMMISSION FY2021
    The Agency Budget Notes (ABN) on the Civil Service Commission contributes to the making of more informed reviews and deliberation of the proposed budget of the Agency submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • BB2020-04: ANALYSIS OF THE REGIONAL ALLOCATION OF THE FY 2021 NATIONAL BUDGET
    The President submitted the FY2021 Proposed National Budget at a time of great uncertainty. The economy is in recession, unemployment rate is up to about 10% in the July 2020 Labor Force Survey, involuntary hunger is on the rise2, and the public health threat of the COVID-19 pandemic looms large. Recognizing the heavy blow delivered by the pandemic, the President declared in the FY 2021 Budget Message that the P4.5 trillion National Expenditure Program will sustain government efforts to effectively respond to and recover from the crisis. The 2021 budget will be re-oriented towards containing the spread of COVID-19 and mitigating its effects, and restarting the economy to create jobs and attract investments without losing sight of fundamental priorities—poverty alleviation, investments in health and education, and economic stabilization.
  • ABN2020-26: OFFICE OF THE OMBUDSMAN FY 2021
    The Agency Budget Notes (ABN) on the Office of the Ombudsman contributes to the making of more informed reviews and deliberation of the proposed budget of the Agency submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-25: COMMISSION ON AUDIT FY 2021
    The Agency Budget Notes (ABN) on the Commission on Audit contributes to the making of more informed reviews and deliberation of the proposed budget of the Agency submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-24: COMMISSION ON ELECTIONS FY 2021
    The Agency Budget Notes (ABN) on the Commission on Elections contributes to the making of more informed reviews and deliberation of the proposed budget of the Agency submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-23: DEPARTMENT OF FINANCE FY 2021
    The Agency Budget Notes (ABN) on the Department of Finance contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-22: DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS FY 2021
    The Agency Budget Notes (ABN) on the Department of Public Works and Highways contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-21: DEPARTMENT OF SOCIAL WELFARE AND DEVELOPMENT FY 2021
    The Agency Budget Notes (ABN) on the Department of Social Welfare and Development contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-20: DEPARTMENT OF JUSTICE FY 2021
    The Agency Budget Notes (ABN) on the Department of Justice contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-19: COMMISSION ON HIGHER EDUCATION FY 2021
    The Agency Budget Notes (ABN) on the Commission on Higher Education contributes to the making of more informed reviews and deliberation of the proposed budget of the Agency submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-18: DEPARTMENT OF FOREIGN AFFAIRS FY 2021
    The Agency Budget Notes (ABN) on the Department of Foreign Affairs contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-17: DEPARTMENT OF TRANSPORTATION FY 2021
    The Agency Budget Notes (ABN) on the Department of Transportation contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-16: DEPARTMENT OF INFORMATION AND COMMUNICATIONS TECHNOLOGY FY 2021
    The Agency Budget Notes (ABN) on the Department of Information and Communications Technology contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-15: DEPARTMENT OF HEALTH FY 2021
    The Agency Budget Notes (ABN) on the Department of Health contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-14: DEPARTMENT OF EDUCATION FY 2021
    The Agency Budget Notes (ABN) on the Department of Education contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-13: DEPARTMENT OF TOURISM FY 2021
    The Agency Budget Notes (ABN) on the Department of Tourism contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • BVT2020: BUDGET COMPARISON TABLES 2020 Adjusted Spending Program 2021 Proposed Budget
    The national budget is a development tool used to address infrastructure and social service needs, stabilize the economy, and promote accountability. It is also a tool for transparency to help taxpayers understand where their hard-earned monies go. The budget complements the government’s development agenda, with the ultimate goal of delivering a better quality of life for people.
  • ABN2020-12: THE JUDICIARY FY 2021
    The Agency Budget Notes (ABN) on The Judiciary contributes to the making of more informed reviews and deliberation of the proposed budget of the Agency submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-11: DEPARTMENT OF HUMAN SETTLEMENTS AND URBAN DEVELOPMENT FY 2021
    The Agency Budget Notes (ABN) on the Department of Human Settlements and Urban Development contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-10: DEPARTMENT OF THE INTERIOR AND LOCAL GOVERNMENT FY 2021
    The Agency Budget Notes (ABN) on the Department of the Interior and Local Government contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-09: DEPARTMENT OF AGRICULTURE FY 2021
    The Agency Budget Notes (ABN) on the Department of Agriculture contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-08: TECHNICAL EDUCATION AND SKILLS DEVELOPMENT AUTHORITY FY 2021
    The Agency Budget Notes (ABN) on the Technical Education and Skills Development Authority contributes to the making of more informed reviews and deliberation of the proposed budget of the Agency submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-07: DEPARTMENT OF TRADE AND INDUSTRY FY 2021
    The Agency Budget Notes (ABN) on the Department of Trade and Industry contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-06: DEPARTMENT OF SCIENCE AND TECHNOLOGY FY 2021
    The Agency Budget Notes (ABN) on the Department of Science and Technology contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-05: DEPARTMENT OF LABOR AND EMPLOYMENT FY 2021
    The Agency Budget Notes (ABN) on the Department of Labor and Employment contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-04: DEPARTMENT OF ENVIRONMENT AND NATURAL RESOURCES FY 2021
    The Agency Budget Notes (ABN) on the Department of Environment and Natural Resources contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-03: DEPARTMENT OF NATIONAL DEFENSE FY 2021
    The Agency Budget Notes (ABN) on the Department of National Defense contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-02: DEPARTMENT OF AGRARIAN REFORM FY 2021
    The Agency Budget Notes (ABN) on the Department of Agrarian Reform contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • ABN2020-01: DEPARTMENT OF ENERGY FY2021
    The Agency Budget Notes (ABN) on the Department of Energy contributes to the making of more informed reviews and deliberation of the proposed budget of the Department submitted to Congress. The ABN provides budget-related information on agency plans and programs, physical accomplishments and financial management of prior year’s appropriations.  
  • PB2020-14: Strengthening Virtual Banking Regulation to Promote Financial Inclusion in the Philippines
    Compared with other ASEAN economies, the Philippines has been ranked among those at the bottom in terms of financial inclusion indicators such as account ownership in a financial institution and saving at and borrowing from a financial institution. This presents vast opportunities for the country to improve access to financial services through virtual banking among the unbanked and underbanked. Being a branchless bank with lower operating costs compared to traditional banks, a virtual bank which relies solely on the use of technology to complete transactions is able to offer more competitive products and services such as higher interest rates for deposits and absence of maintaining balance requirements and lack of fees for low balances.
  • BB2020-03: BRIEFING NOTES FOR THE DBCC PRESENTATION ON THE FY 2021 NATIONAL BUDGET
    This briefing on the proposed 2021 National Budget examines the size and composition of the budget and its financing.  It looks into the macroeconomic assumptions used in drawing up the budget. Moreover, the budget is a key instrument for the government’s macroeconomic policy objectives. The level and growth of government revenues and expenditures affect economic growth as measured by GDP and other macroeconomic variables such as inflation, interest rates, exchange rates and employment.  In turn, these macroeconomic variables affect government revenues and expenditures.
  • FF2020-36: DIGITAL TAXATION
    Taxation of the digital economy arises from the need to regulate and monitor transactions involving digital service providers in the Philippines. At the same time, digital tax proceeds can complement the depleting government funds caused by the COVID 19 pandemic (HB No. 6944).
  • FF2020-35: PH DEBT SUSTAINABILITY
    Government borrows to finance public sector investments and to cover for short-term fiscal deficits. However, unsustainable debt levels in a worst case scenario can cause sovereign default, high inflation, or financial collapse.

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