Ochoa presents OP’s
P2.7-B budget for FY 2013
Press Release
August 14, 2012
MALACAÑANG – Executive
Secretary Paquito N. Ochoa Jr. on Tuesday submitted to the Senate
Committee on Finance the P2.7-billion spending plan of the Office of
the President (OP) for fiscal year 2013, the bulk of which will cover
funding for the wage adjustments of state workers under the Salary
Standardization Law (SSL) and Malacañang infrastructure improvements.
Ochoa told the committee
hearing that the OP increased to P552.9 million the budget for
personal services from P513.9 million to meet the funding requirements
for salary increases under the fourth tranche of the SSL that was
implemented starting June of this year.
The Executive Secretary,
however, said that money earmarked for Maintenance and Other Operating
Expenses (MOOE) will be slashed by 4.1 percent to P1.88 billion from
P1.96 billion, as a result of the improved system in the allocation of
funds and enhanced expenditure assessment.
“Among these activities are
the strict implementation of the Procurement Reform Law, the
installation of energy saving devices, and the streamlining of
processes within the OP,” Ochoa explained.
Capital Outlays for 2013, on
the other hand, will be increased to P300.4 million from P150.6
million to finance major repairs, rehabilitation and improvement of
various buildings and facilities, some of which were built over a
hundred years ago, within the Malacañang Complex.
