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Section 5. National Resource Budget - Administrative Code of 1987

Section 5. National Resource Budget of Administrative Code of 1987. Section 5. National Resource Budget. - The finances of government shall be analyzed and determined as the aggregate of revenue, expenditure and d

  • Subjects 9 Bar syllabus groups
  • Codals 48 Primary legal sources

Administrative Code of 1987

Section 5. National Resource Budget. - The finances of government shall be analyzed and determined as the aggregate of revenue, expenditure and debt of all units of government, including the national government and its agencies and instrumentalities, local government units and government-owned or controlled corporations. The national government budget shall be evolved within the framework of the total impact of government activity on the national economy. The budgets of government corporations and local governments shall be consistent in form and timing with that of the national government, to facilitate comprehensive evaluation.

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