Tuesday, September 6, 2011

President Benigno S. Aquino III's 2012 Budget Message

Year 2012

Ladies and Gentlemen of the 15th Congress of the Philippines: 

Through the President of the Senate and the Speaker of the House of Representatives, I have the honor to submit, for your consideration, the proposed National Budget for 2012.


Last year, you gave your overwhelming support for the 2011 National Budget, this administration’s first financial blueprint. You diligently and meticulously scrutinized the same, while making sure that it is enacted before the Fiscal Year 2011 started: the first time in over a decade. 

But that timeliness meant not only promptness: it also meant relevance. It reflected your belief that the programs we proposed are able to respond to the immediate and pressing needs of our people, while making sure that our long-term agenda for reform is on track. And I laud you, the men and women of Congress, not only for enacting the current year’s budget on time but also for giving this administration a stable first footing by supporting the 2011 Reform Budget. 

Our pursuit of reform in the long-term cannot blind us from our people’s current concerns. In other words, change also has to be felt now. 

This administration was hoisted to power by the overwhelming mandate of our people, fatigued by the preponderance of corruption and abuse of power. They have expressed their deep yearning for Philippine society to be transformed into one that truly empowers them to pursue their aspirations for themselves, their families, their communities and the country. Through People Power via the ballot, they have demonstrated their longing to be emancipated from poverty and helplessness through honest and effective governance. 

This is the core inspiration by which this administration crafted the 2012 National Expenditure Program that I am hereby proposing to Congress: to deepen the reforms we are setting in place; to go one notch higher in our fight against corruption and our pursuit of good governance, in poverty reduction, and in employment generation from inclusive and sustained economic growth.

Noong nakaraang taon, tinangkilik po ninyo ang aming pakay na tahakin ang landas Tungo sa Paggugol na Matuwid

Sa paparating na taon, hinihikayat ko po kayong patuloy na sumama at lumahok sa biyaheng ito: sa pagsiguro na ang benepisyo ng Paggugol na Matuwid ay nakatutok sa ating mga prayoridad at Diretso sa Tao.


With the same degree of political will and sense-of-duty, I ask you to examine, deliberate on, and thereafter approve this P1.816 trillion National Budget for 2012.

This proposed budget is higher by 10.4 percent than the current year’s budget of P1.645 trillion. With the reduction of leakages, inducement of efficiencies and better selection of project priorities, we can ensure that more of our people’s hard-earned tax money is spent on programs, projects and activities that benefit them the most. 

More importantly, this budget—the first that this administration is fully crafting—embodies our commitment to lift the poor from poverty through honest and effective governance. It is intently focused on fulfilling my administration’s Social Contract with the Filipino People as I heeded their clamor for a leadership that will emancipate them from the shackles of hopelessness. It is firmly anchored on our vision and priorities, and focused on results. 

This proposed budget is a Results-Focused Budget

Read the rest here.

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