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Friday, May 3, 2024

Binay touts P9.19B budget for social development sector

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Makati Mayor Abby Binay said that the city has allocated P9,199,756,000 for the city’s social development sector, which is nearly half of the P19.70-billion budget for 2024.

The mayor said Makatizens can look forward to enhanced benefits and programs this year, as the city anticipates substantial savings following the transfer of ten EMBO barangays to Taguig.

“Despite a reduction of P700 million in the National Tax Allotment due to the transfer of the ten barangays to Taguig, I want to assure Makatizens that our commitment to social services remains unwavering. We are blessed to have a steady and thriving economy, and we recognize the importance of utilizing our resources wisely to enhance the overall well-being of residents and foster a more inclusive and equitable society,” she said.

Binay emphasized the city’s commitment to transparent and accountable use of public funds, assuring residents that every peso will be maximized for the benefit of Makatizens.

This year, Makati will add anti-shingles vaccine to its list of covered vaccinations, aiming to enhance the overall health and well-being of residents aged 19 and above. The vaccine cost ranges from P8,000 to P10,000, but it will be provided at no cost to Yellow Card holders.

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Based on the approved 2024 budget, health got the largest share among the social development sub-sectors, with P4,136,000,000 (45 percent), followed by education with P3,253,038,000 (35 percent), and social welfare, P1,810,718,000 (20 percent).

For this year, Binay said the city earmarked P2.36 billion for the Ospital ng Makati (OsMak), P1.71 billion for the Makati Health Department (MHD), and P54.38 million for the Veterinary Services Department.

Health programs covered by this year’s budget include the MHD’s Primary Health Care Management (P1.04 billion) and OsMak’s Patient’s Care Program (P1.29 billion).

Under the education sub-sector, the city has allocated P1.89 billion for the Department of Education-Makati, P1.02 billion for the University of Makati, P274.06 million for the Education Department, and P55.98 million for the Museum and Cultural Affairs Office.

Meanwhile, the city has also allotted P1.70 billion for the Makati Social Welfare Department (MSWD) and P108.14 million for the Youth and Sports Development Department (YSDD).

For this year, the city has dedicated P4,261,527,000 for Administrative Services, P195,383,000 for Economic Development, P824,844,000 for Environmental Management, P410,771,000 for Finance Management, P1,045,579,000 for Infrastructure Development; P1,679,343,000 for Protective Services; and P2,092,574,000 for the city’s statutory and contractual obligations.

The 2024 budget is higher by P473.9 million compared to the 2023 budget of P19.23 billion.

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