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Negros SP approves P5.1B 2023 budget

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BY GILBERT P. BAYORAN

The proposed P5.1 billion budget of the provincial government of Negros Occidental for 2023 was unanimously approved by the Sangguniang Panlalawigan during its regular session yesterday.

Vice Gov. Jeffrey Ferrer, who presided over the SP session, yesterday said that they met their target to approve the budget by first week of December, which they also did in previous years.

The General Fund Budget for next year is P4,952,981,428, while the budget of its Economic Enterprise Development Department amounts to P190,379,525.

The 2023 budget is lower by 12.87 percent, equivalent to a P766 million drop, compared to the 2022 budget, due to the reduction of the province’s National Tax Allotment, disclosed Board Member Romel Debulgado, chair of the SP Finance and Appropriations committee.

“Practically all of the local government units have reduction of their NTA. It’s naturally disheartening, but considering our resiliency and resolve, we shall continue to thrive and make the best of what resources we have,” Debulgado said.

He added that the total annual budget of the coming year is contemplative of the national government’s call for austerity with significant adherence to fiscal reforms to maximize our resources without depriving the constituents of the basic services and facilities due them.

Ferrer said there has been no revision to the budget, after a marathon hearing conducted by the SP committee on Finance where all department heads and board members attended.

So far, so good, the vice governor said, on the budget deliberations at the committee level.

On the other hand, the proposed 2022 General Fund supplemental budget number 3 of the province of Negros Occidental, in the amount of P86 million, was also referred to the committee of Debulgado for deliberations.*

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