The Mines and Geosciences Bureau (MGB) is proposing a 136-percent increase in its budget for next year to fund projects in line with the government’s priority programs, particularly on disaster preparedness and mitigation.
In a statement, MGB director Leo Jasareno said they have submitted their proposed budget of P1.88 billion for fiscal year 2016, up from P795.37 million this year.
The total proposed amount is broken down into personnel services at P879.78 million; maintenance and other operating expenses at P783.02 million; and capital outlay at P219.03 million.
Some P725.02 million, which is within the budget ceiling, will be used for the government’s priority programs, including the National Geohazard Assessment, Groundwater Resource and Vulnerability Assessment, Coastal Hazards Assessment and Increasing Government Share from Mining.
An additional P115.6 million was also proposed to finance other activities including offshore mineral exploration under the geologic quadrangle mapping program, establishment of national geoparks; and programs on anti-illegal mining, small-scale mining, and mineral reservation.
The proposal was submitted through the online Submission for Budget Proposal System as required by the Department of Budget and Management in time for the scheduled technical budget hearings.