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FISCAL RESPONSES TO ALLEVIATE POVERTY IN THE COUNTRY. How are government expenditures financed?. From revenues consisting of taxes and non-tax sources collected by BIR, BOC and other agencies, and From proceeds of borrowing from domestic and foreign sources.
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How are government expenditures financed? • From revenues consisting of taxes and non-tax sources collected by BIR, BOC and other agencies, and • From proceeds of borrowing from domestic and foreign sources
Tax Collection by Agency,FY 2001 ( in billion pesos)
Tax Collection Targets by Agency,CY 2002 ( in billion pesos)
Gross Borrowings,CY 2001-2002 ( in billion pesos) Total Borrowing
Where do the taxes you and I pay go? • To finance the regular operating requirements of government agencies • To finance programs, projects and activities, in various sectors and locations of the country.
BUDGET ALLOCATION, BY MAJOR PROGRAM,FY 2001 (in billion pesos) 38.9 64.4 188.6 201.9 124.9 45.2 36.0
BUDGET ALLOCATION, BY MAJOR PROGRAM,FY 2002(in billion pesos) 46.2 210.4 73.1 220.7 137.0 53.0 40.3
NG Expenditures, By Recipient Units FY 2001-2002(in billion pesos)
Budget Program*by Expense Class, FY 2001-2002(in billion pesos) */Net of Interest Payments and Net Lending
In FY 2002, what is the distribution of the budget for each sector?
Expenditures for Social Services, FY 2002(in percent distribution)
Expenditures for Economic Services, FY 2002(in billion pesos)
Expenditures for General Public Services, FY 2002(in billion pesos)
General Public Services, FY 2002(in percent distribution) Others Services Gen. Administration Public Order and Safety
1998-2002 Sectoral Allocation* (percent distribution) * Net of net lending and interest payments
How large is the allocation of the budget for infrastructure?
What is the geographical distribution of the budget across Luzon, Visayas and Mindanao?
Regional Allocation of Expenditure Program, 2001(in million pesos)
Regional Allocation of Expenditure Program, 2001(percentage)
Regional Allocation of Expenditure Program, 2002(in million pesos)
Regional Allocation of Expenditure Program, 2002(percentage)
MABUHAY!! Prepared by: Office of the Undersecretary. Operations Data Provided by: Fiscal Planning Bureau (FPB)