Government Budget
Main article: Fiscal policy of the PhilippinesThe national government budget for 2012 has set the following budget allocations:
| Budget Allocation | Millions of Pesos (PHP) |
Millions of US Dollars (USD) |
% |
|---|---|---|---|
| Department of Education | ₱238,800 | $5,513.7 | 13.15 |
| Department of Public Works and Highways | 126,400 | 2,918.5 | 6.96 |
| Department of National Defense | 108,100 | 2,496.0 | 5.95 |
| Department of Interior and Local Government | 99,800 | 2,304.3 | 5.50 |
| Department of Agriculture | 61,400 | 1,417.7 | 3.38 |
| Department of Social Welfare and Development | 48,800 | 1,126.8 | 2.69 |
| Department of Health | 45,800 | 1,057.5 | 2.52 |
| Department of Transportation and Communications | 34,700 | 801.2 | 1.91 |
| State Universities and Colleges | 25,800 | 595.7 | 1.42 |
| Department of Finance | 23,600 | 544.9 | 1.30 |
| Department of Environment and Natural Resources | 17,500 | 404.1 | 0.96 |
Read more about this topic: Economy Of The Philippines
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