You are on page 1of 3

Government expenditures

system
• Is considered as the fiscal arm of the government in the production,
allocation, and distribution of social goods and services.
• It serves as the control factor on the part of the government as to
how national development objectives could be achieved.
1956 to 1960 In 1971 1987 to 1992 1992 to 1998 2010 to 2016

The Philippine The government The government The administration The administration
government expenditure shift its expenditure made a under President of President Benigno
focused its priority from social dramatic turn around Fidel V. Ramos C. Aquino III focuses
expenditure more development to when the concentrated on on the areas of
on social economic administration of economic economic
development. development which President Corazon C. development development, social
(priority was given President Ferdinand Aquino focused her which saw the services, general
on achieving self- E. Marcos initiated attention on social introduction of services, and
sufficiency in food at the beginning of development many trade policies national defense.
production and as his administration. particularly the The importancw of
well as increased (priority was given agricultural sector. these areas is the
employment and on the (President Aquino’s reason why the
income) infrastructures and administration became administration is
agriculture projects) obsessed with the pursuing several
promotion of policies designed to
agricultural reforms infuse
and introduced several comprehensive
policies that supported developments in
her agricultural almost all sectors of
agenda. the country.
The Public Expenditures can be classified into five
general areas:
1. Levels of Government 4. Organizational Units
• National Government • Government Departments
• Local government • Other Government Agencies
2. Nature of Expense 5. Functional Categories
• Current operating Expenditures • Economic Development or Services
• Capital Expenditures • Social Development or Services
• National Defense
3. Types of Funds
• General Government or Public Services
• General Fund
• Debt Service
• Special Account- General fund
• Bond Fund

You might also like