HABAC, RENELLE B.

CBET – 01 – 601P

COMPARATIVE BUDGET PROCESS

PHASES Year 2014 Year 2021

 Budget Call – January  Issuance of Budget Call

of prior fiscal year – December of prior
year
 Citizen Engagement –
January-March of prior  Citizen Engagement/
year Regional Development
Council (RDC)
 Program Budgeting – Consultations –
January of prior year January-February of
Current Year
 Agency Proposals –
March of prior fiscal  Conduct of budget
year hearings and review of
Tier I for BY – February
Phase 1:  Budget Hearings and of Current Year
Budget Preparation Review – April-June of
prior fiscal year  Program convergence –
April of Current Year
 Presentation to the
President – June of prior  Submission of Tier II
fiscal year budget proposals for BY
– April-May of Current
 Consolidation, Year
Validation,
Confirmation – June of  Conduct of budget
prior fiscal year hearings and review of
Tier II for BY – May
 President’s Budget – -June of Current Year
July of prior fiscal year
 Consolidation,
validation, and
confirmation – June of
Current Year

 Approval of the
proposed National
Budget for BY by the
Cabinet – July of
Current Year

 Submission of the
 Proposed National
Budget to the Congress
–July/August of Current
Year

 House Deliberations –  Budget deliberations in

August-October of prior the House of
fiscal year Representatives
and Senate – August
 Senate Deliberations – -November of Current
September-November Year
of prior fiscal year
Phase 2:  House and Senate
Budget Authorization  Bicameral Deliberations ratifications on the
– November-December General Appropriations
of prior fiscal year Bill – August
-November
 Ratification and of Current Year
Enrolment – December
of prior fiscal year  Enactment of the
General Appropriations
 Enactment – December Act (GAA) – December
of prior fiscal year of Current Year

 Disbursement –  Early procurement

Throughout Activities – August of
PY
 Cash Allocation –
January  Submission of Monthly
(Comprehensive) and Disbursement Program
Throughout – October of PY
Phase 3: Obligation (Bidding and
Budget Execution Award) – Throughout  Submission of Budget
Execution Documents
 Allotment Release – (BEDs) based on the
January National Expenditure
(Comprehensive) and Program (NEP) –
Throughout December of PY

 Budget Program –  Awarding of contracts –

November-December of January of Current
prior fiscal year Year

 Early Bidding for  Submission of adjusted

Infrastructure – BEDs based on GAA –
October-December of January of Current Year
prior fiscal year
  Release of Notices of
Cash Allocation (NCAs)
for the
1st semester – January
of Current Year

 Release of NCAs for the

2nd Semester – July of
Current Year

 Audit – Within  Submission of quarterly

following fiscal year
 Mid-Year and Year-End
Reports – By September
of fiscal year and within
Phase 4: the next fiscal year
Budget Accountability
 Performance Review –
Throughout
 Citizen Engagement –
Throughout
 Public Disclosures –
Throughout
Accountability Reports
– Monthly or Quarterly
 Performance Targets –
January of Fiscal Year
(With GAA)
Budget and Financial
Accountability Reports
– Every quarter of the
Current Year
 Conduct of audit –
Within the following
year
 Posting of Disbursement
Assessment Reports –
Every month of the
Current Year
 Publication of Mid-Year
Report for Current Year
and Year-End Report
for PY – August-
September

The 2014 Philippines budget focuses on the theme: “Ang daang matuwid ay ang daan tungo sa
kasaganahan”, while in 2021 budget the theme is about: “Reset, Rebound and Recover: Investing for
resiliency and sustainability”. In the year 2014, it was administered by President Benigno Aquino III
which sets a National Budget of Php 2.268 Trillion. Meanwhile, in 2021, the administration of President
Rodrigo Duterte amounts to Php 4.506 Trillion. We can notice that the budgetary process is almost the
same in the both year term, exception to this is the purpose of funding and the dates which the process
and procedures takes place. In phase 1, the notable difference with the year 2014 is that the budget call
happens in January of that year while in 2021, the budget calls happened immediately during December
of the prior year. In phase 2, there are lesser procedures in 2021 maybe because the immediate response
to the current pandemic must be assess and funded to mitigate the spread of the virus. In phase 3, the
budget is spent and allotted throughout the year in 2014 while in 2021 there is 2 semesters which is in
January and July of the current year. And lastly, in phase 4, which requires the Executive to implement
the enacted Budget faithfully; and that Congress, the COA, and the citizens can scrutinize how public
funds are spent. Both the year 2014 and 2021 audits made within the following year. In 2014 focuses on
the performance review and targets throughout the year while in the 2021 budget focuses on its monthly
reports.
The National budget of our country must account properly for the sake us – Filipinos. This budget
cycle or phases will help us to know where the budget of the country spends. That resiliency is not
enough, that we need government accountabilities too.
REFERENCES
 2021 People's Budget (2021). In the Department of Budget and Management.
https://www.dbm.gov.ph/images/pdffiles/2021-Peoples-Proposed-Budget.pdf
 Gutierrez, N. (2013, December 13). Aquino signs P2.265-T 2014 budget.
https://www.rappler.com/nation/aquino-signs-2014-budget
 Ramos, C. (2020, November 26). Senate approves P4.5 trillion 2021 national budget.
https://newsinfo.inquirer.net/1365086/senate-approves-p4-5-trillion-2021-national-budget
 2014 People’s Budget. (2014, March 18). In the Department of Budget and Management.
http://www.dbm.gov.ph/wp-content/uploads/Bids/RFQ/RFQ2013/People%20Budget
%202014.pdf