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The billions of pesos in excess funds of state-run corporations to be diverted back to the Treasury, including PhilHealth’s P89.9 billion, will fund the salary increases and benefits of government workers this year, based on the list of priority programs under unprogrammed appropriations provided by the Department of Budget and Management .The list enumerating the items that will be covered by 2024 unprogrammed appropriations showed that a total of P67.
As of August 21, the state health insurer remitted another P10 billion to the Treasury.Apart from PhilHealth, the Philippine Deposit Insurance Corp. was also tasked to remit about P117 billion — P80 billion of which was already transferred to the Treasury.In total, P203.1 billion worth of unprogrammed items or 11 priority programs and projects—including the salary hikes and benefits of government workers—are set to be funded by excess funds from government-owned and -controlled corporations .
Department Of Budget And Management DBM Goccs
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