The Department of Education (DepEd) expressed its gratitude to the Department of Budget and Management (DepEd) for approving their proposed increase in the Government Assistance and Subsidies programs under its Tier 1 budget proposal for Fiscal Year 2023.
The department is grateful for the continued support of the DBM for basic education… With this substantial increase, the agency now is better equipped to improve and expand access to quality education for Junior and High Schools under Educational Service Contracting (ESC) and Senior High School Voucher Program (SHS VP),
DepEd said in a statement on Tuesday, May 24.
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According to National Budget Memorandum No. 142 or “Budget Call for FY 2023, the total approved budget for Tier 1 Level to the DepEd by the DBM is Php 626.18 billion.
From the approved budget, SHS VP got an approval of Php 39.33 billion, which covers 1,132,155 voucher program beneficiaries (VPBs) for School Year (SY) 2023-2024.
On the other hand, ESC got an approved Php 11.05 billion budget which covers 1,031,193 ESC grantees for SY 2023-2024.
DepEd also added that with this approved budget, the agency is financially capacitated to make full payments to concerned private schools within one budget year.
It expressed its gratitude to the DBM and the national government for their unwavering support of the voucher programs under GAS and affirms its commitment in continuously implementing its voucher program efficiently and effectively.
DBM approves funding increase in DepEd program
Reviewed by Issues PH
on
May 27, 2022
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Reviewed by Issues PH
on
May 27, 2022
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