Breaking down the budget

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WITH A FLUCTUATING global economy, the national budget is key for the country to stay afloat. The following data are what you need to know about the Philippines’ current fiscal allocations.


12.15.2011

The date when President Aquino signed Republic Act (RA) No. 10155, the General Appropriations Act for 2012, the earliest date of budget approval since 1986


1.816 T

The national budget for 2012, the highest in Philippine history


10.4%

Percentage of increase from the P1.645-trillion 2011 budget


96.69 M

amount added to the Senate’s allocation


4.98 B 

The amount government tax bureaus must collect every day in a year in order to attain the 2012 budget


10 B

Amount of tax refunds to be converted into cash, mostly from exports





Visualization rendered in IBM Many Eyes; Data from Department of Budget and Management (dbm.gov.ph) and The Official Gazette of the Republic of the Philippines (gov.ph)

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