What are the top 5 government agencies/department that gets the largest budget under the 2020 General...

What are the top 5 government agencies/department that gets the largest budget under the 2020 General Appropriations Act? Explain what is the rationale behind this prioritizations ?

Expert Solution

The following are the top 5 government agencies/department that received the biggest allocations in the 2020 budget under 2020 General Appropriations Law of Philippines.

Department of Education (DepEd)
Department of Public Works and Highways (DPWH)
Department of the Interior and Local Government (DILG)
Department of National Defense (DND)
Department of Health (DOH)

As usual, most of the government agencies received budget hikes. Similar to the previous years' budgets, the 2020 general appropriations law gave priority to education, infrastructure, and interior affairs. Apart from that, the education and infrastructure sector also receive the biggest allocation since they are among the core sectors of an economy.

Because of the delay happened in signing of the budget bill, the government had to operate under a reenacted budget for 4 months. It was in the year 2019. This has clearly reflected on the prioritization in the budget for 2020.

jeff jeffy answered 2 years ago

A general government department of the City of Rocky Flats leased specialized equipment under a multi-year,...

A general government department of the City of Rocky Flats leased specialized equipment under a multi-year, noncancelable lease agreement that qualifies as a capital lease. The lease required a down payment of $500 and the present value of the minimum lease payments (i.e., the capitalizable cost of the leased asset) was $5,000. The implicit rate of interest on the lease is 10%. Subsequent lease payments of $750 are required annually beginning in 2016. All amounts are in thousands of dollars....

Flexible Budget for Assembly Department Steelcase Inc. (SCS) is one of the largest manufacturers of office...

Flexible Budget for Assembly Department Steelcase Inc. (SCS) is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it assembles filing cabinets in an Assembly Department. Assume the following information for the Assembly Department: Direct labor per filing cabinet 18 minutes Supervisor salaries $250,000 per month Depreciation $18,500 per month Direct labor rate $28 per hour Prepare a flexible budget for 70,000, 80,000, and 90,000 filing cabinets for the month ending February 28...

Flexible Budget for Fabrication Department Steelcase Inc. is one of the largest manufacturers of office furniture...

Flexible Budget for Fabrication Department Steelcase Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it produces filing cabinets in two departments: Fabrication and Assembly. Assume the following information for the Assembly Department: Direct labor per filing cabinet 30 minutes Supervisor salaries $141,000 per month Depreciation $21,000 per month Direct labor rate $21 per hour Prepare a flexible budget for 8,000, 10,000, and 12,000 filing cabinets for the month of August,...

5. Under what scenario would the government officially confirm that the economy is in a "recession?"...

5. Under what scenario would the government officially confirm that the economy is in a "recession?" 6. What are the four phases of an economy's business cycle? 7. What should fiscal policymakers do to slow the economy down? 8. What are the four types of limited resources as described in Chapter 1?

What happens when the government gets rid of government purchases that are financed by borrowing because...

What happens when the government gets rid of government purchases that are financed by borrowing because there is a fear of a budget deficit? Is there something wrong with this argument? Discuss in respects to the loanable funds market Note: it mentions the government purchases not spendings

Present the general structure of bank loans in Poland and the top 5 banks at the...

Present the general structure of bank loans in Poland and the top 5 banks at the end of 2019.

put together your list of the top 5 tips for preparing a budget

What are some of the reasons behind the inadequate response of U.S. government agencies to the...

What are some of the reasons behind the inadequate response of U.S. government agencies to the devastation caused by Hurricane Katrina?

The department of code enforcement of a county government issues permits to general contractors to work...

The department of code enforcement of a county government issues permits to general contractors to work on residential projects. For each permit issued, the department inspects the result of the project and gives a “pass” or “fail” rating. A failed project must be re-inspected until it receives a pass rating. The department had been frustrated by the high cost of re-inspection and decided to publish the inspection records of all contractors on the web. It was hoped that public access...

Chp 5 3. What are the differences between bottom-up and top-down estimating approaches? Under what conditions...

Chp 5 3. What are the differences between bottom-up and top-down estimating approaches? Under what conditions would you prefer one over the other? 4. What are the major types of costs? Which costs are controllable by the project manager? 6. Define what a “white elephant” is in project management. Provide a real-life example

Question