~ The procedure in the preparation of the national budget is regulated by law. On or before October 20 of each year, each department secretary submits to Department of Budget the estimated income and expenditures of the bureaus and offices under his department for the next fiscal year.
Upon receipt of all budget estimates of income and expenditures, the Department of Budget and Management prepares the national budget. Prior to this, however, the Budget secretary can investigate, revise, examine, assemble, coordinate, and reduce or increase the budget estimates of the different departments, bureaus and offices of the government.
After preparing the budget, the Budget secretary submits it to the President, who in turn submits it to Congress within 30 days before the opening of the regular session. The 1987 Constitution specifically provides that the President "shall submit to the Congress within thirty days from the opening of every regular session, as the basis of the general appropriations bill, budget of expenditures and sources of financing, including receipts from existing and proposed revenue measures" ( Sec. 22, Art. VI).
Congress uses the budget submitted by the president as the basis for the annual appropriation. According to the 1987 Philippine Constitution, Congress "may not increase the appropriation recommended by the President for the operation of the Government as specified in the budget" (Sec. 25(1), Art. VI).
The purpose of the national budget in the Philippines is to help build roads and help the citizens.
allocation of the 2009 national budget
the national budget for 2009 is 1.415 trillion
of course to those sitting alligators
The sales budget is the first budget to be prepared.
a budget which is prepared for one level of activity is:
Cash Budget
Edi kukuha ng notebuk at maglilista ng mga bayarin. At pag nabudget na. Edi tapos.:D
Budgets promote efficiency and serve as a deterrent to waste? A sales budget should be prepared before the production budget?
mabusisi itong ginagawa ng secretary of budget of the Philippines pagkatapos ay ibibigay niya ito sa presidente o pangulo ng bansa at saka niya ito ibibigay sa congresso upang ito ay mapagaralan ang nilalaman ng naipasang budget, isa-isa
manufacturing budget is prepared after the revenue, production and direct metrical usage budget because u need the solution from the production budget
pie graph in the budget of the Philippines since 2009