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NR # 2477C
proposed budgets of P332.1 billion or 18.3 percent, and P113.1 billion or 6.2 percent, respectively, of the proposed National Budget according to Abad. Congress will validate the corresponding projects and programs under these sectoral allocations to ensure the budget as a whole can effectively achieve the Presidents Social Contract with the Filipino people, said Belmonte. The Speaker vowed that the House will do its earnest to see to it that it follows a schedule to enable the President to approve the General Appropriations Act before the end of the year. Rep. Joseph Emilio Abaya, Chairman of the House Appropriations Committee, said budget hearings will start on August 1, and expressed hope the budget measure would be signed by December 15. Under the proposed 2012 GAA, the Department of Education (DepEd) will continue to receive the lions share with P238.8 billion, followed by the Department of Public Works and Highways (DPWH) with P125.5 billion, the Department of National Defense (DND) with P107.9 billion, the Department of Agriculture with 54.1 billion, and Department of Social Welfare and Development, which handles the administration flagship anti-poverty Conditional Cash Transfer (CCT) Program, with P49.4 billion. (30)