Record-high P4.100T cash-based budget eyed in 2020

THE government is eyeing a record-high national budget for next year under the cash-based system.

“The total cash budget for 2020 is, thus, pegged at P4.100 trillion,” the department’s officer-in-charge, Janet Abuel, said in a national budget memorandum released late last week to guide government agencies in the preparation of their 2020 budget.