Author Topic: 2018 Tourism Budget  (Read 623 times)

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2018 Tourism Budget
« on: December 31, 2017, 05:39:42 AM »
THE HONORABLE FREDERICK W. SIAO
Lone District of Iligan City
Vice Chair, Committee on Tourism
Member, Appropriations, Economic Affairs, and 8 other committees                                                                   
Inserted into the budget of different agencies
THE 2018 BUDGET HAS AT LEAST P34B FOR TOURISM

“The Department of Tourism itself has a 2018 budget of only P3 billion but add to that the P31.97 billion in the DPWH budget for the Tourism Road Infrastructure Program and the Filipino people has at least P34 billion for tourism,” Iligan City Representative Frederick Siao said. He is Vice Chair of the House Committee on Tourism.

P1 billion of the DoT budget is for its branding campaign and P1.6 billion is for market and product development, while P235.892 million is for policy and planning.

“For workers in the tourism sector, the DoT has P160 million for tourism industry training. For the tourism entrepreneurs running hotels, resorts, restaurants and other establishments catering to tourists, the agency has P124 million for standards development and enforcement,” Siao also said.

The Congress added that the Department of Trade and Industry’s Negosyo Centers budget of P514.579 million and shared service facilities funds of P200 million would also have multiplier effects the tourism sector can gain from.

Also favorable to the tourism sector is the National Greening Program of the DENR for which P2.787 billion was allocated, plus the various road and local infrastructure funds of the DPWH. (END)

REFERENCES: http://www.dbm.gov.ph/wp-content/uploads/NEP2018/TOURISM/A.pdf
http://www.dbm.gov.ph/wp-content/uploads/NEP2018/DPWH.pdf
http://www.dbm.gov.ph/wp-content/uploads/NEP2018/DTI/A.pdf

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