what is the importance of tax in the Budget cycle
1. what is the importance of tax in the Budget cycle
Question:
What is the importance of tax in the Budget cycle?Answer:
A well-planned budget is of utmost importance for any government to ensure economic stability and growth. When it comes to budgeting, identifying areas of weakness helps the government to allocate resources in a useful and sustainable manner.2. illustrate the processes and procedures of the budget cycle
Answer:
A budget cycle is the life of a budget from creation or preparation, to evaluation. Most small businesses don't use the term “budget cycle” but they use the process and go through each of its four phases — preparation, approval, execution and evaluation.
3. what is the role and importance of Philgeps in the budget cycle
Answer:
PhilGEPS is an online portal where government agencies post their procurement requirements. It was created to automate the procurement process, avoid confusion, and ensure transparency in government contracts.
4. Public Works and HighWays Budget of the philippines.please help me with my Answer!
The FY 2021 GAA will prioritize health-related COVID-19 response programs to address the continuing threat of the pandemic.
The FY 2021 GAA will prioritize health-related COVID-19 response programs to address the continuing threat of the pandemic. To achieve the mission in providing health care for all, budgetary support is provided for the National Health Insurance Program (PhP71.4 billion) to subsidize the health insurance premiums of thirteen (13) million indigent families and seven (7) million senior citizens. Meanwhile, the Human Resources for Health Program is allotted PhP16.6 billion for the deployment of doctors, nurses and other health workers to disadvantaged communities and national hospitals.
The FY 2021 GAA will prioritize health-related COVID-19 response programs to address the continuing threat of the pandemic. To achieve the mission in providing health care for all, budgetary support is provided for the National Health Insurance Program (PhP71.4 billion) to subsidize the health insurance premiums of thirteen (13) million indigent families and seven (7) million senior citizens. Meanwhile, the Human Resources for Health Program is allotted PhP16.6 billion for the deployment of doctors, nurses and other health workers to disadvantaged communities and national hospitals. To ensure the safety of our health workers, PhP4.7 billion is allocated for the procurement of more than two (2) million sets of personal protective equipment for hospitals, laboratories and regional swab centers. An additional budget of PhP1.0 billion is appropriated for the procurement of 861,720 GeneExpert cartridges to supplement the fast and accurate testing of COVID-19 cases. Around PhP7.8 billion is allocated for the repair, upgrading, completion, and new construction of Barangay Health Stations, Rural Health Units, and Polyclinics; upgrading of hospital equipment, laboratories and quarantine facilities in different regions; provision of medical transport in different regions; and monitoring of Health Facilities Enhancement Program (HFEP) projects.
The FY 2021 GAA will prioritize health-related COVID-19 response programs to address the continuing threat of the pandemic. To achieve the mission in providing health care for all, budgetary support is provided for the National Health Insurance Program (PhP71.4 billion) to subsidize the health insurance premiums of thirteen (13) million indigent families and seven (7) million senior citizens. Meanwhile, the Human Resources for Health Program is allotted PhP16.6 billion for the deployment of doctors, nurses and other health workers to disadvantaged communities and national hospitals. To ensure the safety of our health workers, PhP4.7 billion is allocated for the procurement of more than two (2) million sets of personal protective equipment for hospitals, laboratories and regional swab centers. An additional budget of PhP1.0 billion is appropriated for the procurement of 861,720 GeneExpert cartridges to supplement the fast and accurate testing of COVID-19 cases. Around PhP7.8 billion is allocated for the repair, upgrading, completion, and new construction of Barangay Health Stations, Rural Health Units, and Polyclinics; upgrading of hospital equipment, laboratories and quarantine facilities in different regions; provision of medical transport in different regions; and monitoring of Health Facilities Enhancement Program (HFEP) projects. Some PhP283 million is also allotted for the establishment of the Virology Science and Technology Institute of the Philippines which aims to undertake studies on novel, emerging and re-emerging viruses. To improve health data systems, PhP51.56 million is allotted for disease surveillance and monitoring of COVID-19 and other similar respiratory infections.
#CARRYONLEARNING
5. Pakiexplain lang Po Yung Philippine national budget
Answer:
into law the PhP4. 506 trillion National Budget for Fiscal Year 2021, or the 2021 General Appropriations Act (GAA). This Budget continues to strengthen government efforts to respond to the Coronavirus Disease 2019 (COVID-19) pandemic and support initiatives for national economic recovery.
Explanation:
6. how to appreciate the saving and investing in our economy based on national budget in the Philippines
In my 10 years of working in the World Bank, I have seen remarkable changes around me. In 2004, Emerald Avenue in Ortigas Center, where the old World Bank office was located, started to wind down after 9 PM. Finding a place to buy a midnight snack whenever I did overtime was hard. It was also hard to find a taxi after work.
Today, even at 3 AM, the street is bustling with 24-hour restaurants, coffee shops, and convenience stores, hundreds of BPO (Business Process Outsourcing) employees taking their break, and a line of taxis waiting to bring these new middle class earners home. Living in Ortigas Center today means that I also benefit from these changes.Bonifacio Global City, where the new World Bank office is located, started from empty lots and grassland a decade ago. Today, it is the fastest growing district in Metro Manila. Even at 3 AM, the district is also still very much alive. These spectacular changes are the result of high and sustained economic growth.7. reaction paper lang poFINANCING PHILIPPINE LOCAL GOVERNMENT "CHAPTER 12- ORGANIZATION FOR PHILIPPINE BUDGETINGCHAPTER 13- THE BUDGET PROCESS AND SIGNIFICANT BUDGETARY INNOVATION
Glen Johnson and the other
8. Which of the following does not properly describe the budget proccess used in the philippines?
Answer: Where's the following?
Explanation:
9. does the philippine national budget reach one mole of peso?
Answer:
The Philippines' government budget deficit widened sharply to PHP 40.1 billion in August 2020 from PHP 2.5 billion in the same month the previous year, amid the coronavirus pandemic. Expenditures rose 0.4 percent to PHP 283.3 billion from PHP 282.2 billion a year ago while revenues fell 13 percent to 243.2 billion from PHP 279.7 billion. For the first seven months of the year, the country reported a budget deficit of PHP 740.7 billion, far larger than PHP 72.6 billion gap in the corresponding period of 2019. less
Explanation:
The federal budget for the 2020 fiscal year was set at $4.79 trillion.
10. Any reaction on the Budget of Education here in the Philippines?
Answer:
Lack of education causes poverty and this is rendering a lot of Filipinos useless. It is no secret that poverty is the biggest enemy of education on every level. Students from a poor home are bound to fall victim to health issues. The poverty lifestyle limits the youths' ability to study and learn.
11. DEPARTMENT OF BUDGET AND MANEGEMENT SECRETARY PHILIPPINES
Answer:
Dr. Benjamin E. Diokno is the current Secretary of the Department of Budget and Management (DBM).
12. What are the significance of government budgeting in the Philippines?
Answer:
the government budgeting our comunity to buy a vaccines becuase of the pandemic
Explanation:
i hope it help☺️
13. National Budget proposal for 2020 in the Philippines?
Answer:
President Rodrigo Duterte and his Cabinet approved the national budget proposal prepared by the Department of Budget and Management (DBM) during the monthly Cabinet meeting on Monday, August 5.
The proposed 2020 budget is 12% higher than the 2019 national budget of P3.662 trillion. (READ: Winners and losers under Duterte's 2019 budget)
The DBM aims to submit to Congress the proposed 2020 National Expenditure Program before the August 21 deadline.
The budget will then undergo the scrutiny of the newly-convened 18th Congress, then sent to Duterte's desk for approval.
"This budget proposal is designed to respond to the needs of the majority of our countrymen longing to be uprooted from decades of want of basic necessities, inadequate supply of basic services, lack of infrastructures required to spur economic growth, absence of accountability on government coffers, vexing bureaucratic rigmarole, deprived education and unchanged poverty," Presidential Spokesman Salvador Panelo said in a statement on Tuesday, August 6.
As in previous years, the Department of Education has been allocated the largest slice of the pie, followed by the Department of Public Works and Highways. Also getting big allocations are the Department of Transportation and the Department of Health.
Panelo gave assurances that the funds will be "spent wisely" in order to create a "vibrant economy that will be felt by the citizenry."
Newly-named Acting Budget Secretary Wendel Avisado was present at the Cabinet meeting, as well as Undersecretary Janet Abuel who helmed the department while the 2020 budget proposal was being prepared.
Explanation:
14. What percent of national budget is education budget philippines legal basis?
Answer:
8 billion (4.6 percent). Consistent with the provisions of the Constitution, the education sector shall continue to receive the largest portion of the national budget to the tune of PhP751. 7 billion, or 16.7 percent of the FY 2021 budget.
15. How much is the estimated budget for the scholarship program in the Philippines?
Answer:
An average cost of $1,000 for public universities or $1,200 to $1,500 for private universities will cover one's tuition for a year. For other basic necessities, expect to spend $4,200 to $6,000 per year which can also cover transportation, food, and other miscellaneous expenses.
16. Repleksyon Tungkol sa Philippine National Budget 2021 (200 Words)
Answer:
pano kayu nag tanong sa Brainly
17. Who manages budget in philippine government?
Answer:
the manage of the budget in the philippines is the government
Explanation:
cause the government are impluwence for this managed of the budget
18. how many budget in going to palawan philippines short answer please
Answer:
2 pesos
Explanation:
kasi mahirap ka tapos kulang ka sa aruga
19. why does the advertising budget for product charge during different product life cycle stage ?
The advertising budget for a product may change during different stages of its product life cycle for a number of reasons. One reason is that the marketing goals and objectives for the product may change as it progresses through its life cycle. For example, during the introduction stage, the primary goal of advertising may be to build awareness and generate interest in the product, while during the growth stage the focus may shift to driving sales and increasing market share. Additionally, the amount of competition for the product may change as it moves through its life cycle, which can also affect the advertising budget. Finally, the availability of funds and other resources may change over the course of the product's life cycle, which can also impact the advertising budget.
20. what is philippine National Government budgeting process?
Answer:
The Philippine budget process, specifically: (1) Budget Preparation; (2) Budget Legislation; (3) Budget Execution; and (4) Accountability. Each phase is distinctly separate from the others but they overlap in the implementation of the budget during the budget year.
Explanation:
Hope it helps
Eplanation:
sana makatulong
21. why we need to increase the budget of science and technology in the Philippines
Answer:
because so we can buy more equipment to study the scientif explanation about whatsbhappening around us
Answer:
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Explanation:
jbzhshahw
22. discuss budget preparation in the philippines
Four phases comprise the Philippine budget process, specifically:
(1) Budget Preparation;
(2) Budget Legislation;
(3) Budget Execution; and
(4) Accountability. Each phase is distinctly separate from the others but they overlap in the implementation of the budget during the budget year.
Explanation:
hope it helps
# carry on learning ❤️❤️23. how many budget in going to palawan philippines
Answer:
How much money will you need for your trip to Palawan? You should plan to spend around ₱1,612 ($33) per day on your vacation in Palawan, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, ₱520 ($11) on meals for one day and ₱708 ($15) on local transportation. Also, the average hotel price in Palawan for a couple is ₱1,177 ($24). So, a trip to Palawan for two people for one week costs on average ₱22,569 ($464). All of these average travel prices have been collected from other travelers to help you plan your own travel budget.
Explanation:
#ʙʀᴀɪɴʟɪᴇsᴛғᴀsᴛ.24. This is the president’s submission of the town’s annual money budget to Congress IN THE PHILIPPINES
Answer:
Four phases comprise the Philippine budget process, specifically: (1) Budget Preparation; (2) Budget Legislation; (3) Budget Execution; and (4) Accountability. Each phase is distinctly separate from the others but they overlap in the implementation of the budget during the budget year.
Explanation:
sana makatulong
25. Solid waste management budget philippines panukalang proyekto
Answer: 1334534
Explanation:
26. is there really a need for a government to adjust the budget evey cycle?
Answer:
Yes
Explanation:
Because important
Answer:
yes
Explanation:
because its the only way to become our country rich
27. Hich of the following does not properly describe the budget process used in the philippines
Answer:
May pagpipilian ba dito?
28. The philippines spent 0.456 of its budget on education.if their budget is 60 million pesos,how much is spent on education?
Answer:
the answer is 27,360,000
hope it helps ty
pa brainliest po
Answer is the 1235667809129. is there any possibilities that the educational budget in the Philippines. why or why not?
Answer:
what's with educational budgets?
Explanation:
parang may kulang dyan sa question hehe pls check
30. Philippine government budget for technology in education
Answer:
For FY 2020, the Department received an allocation of P551. 7 billion, which comprises 82% share of the budget for the education sector. The major program for education access is the Basic Education Facilities with a total of P36 billion proposed budget.
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