The Department of Education Fund for FY 2023 is set to increase as the Department of Budget and Management (DBM) approves the proposed substantial increase in the Government Assistance and Subsidies programs – Senior High School Voucher and Educational Service Contracting (ESC) under its Tier 1 budget proposal.
DepEd expresses its gratitude to the DBM and the national government for their unwavering support of the voucher programs under GAS. The Department affirms its commitment in continuously implementing its voucher program efficiently and effectively.
Out of the Php 626.18 billion approved Tier 1 Level to the DepEd by the DBM, per National Budget Memorandum No. 142, “Budget Call for FY 2023,” SHS VP got approval for Php 39.33 billion, which covers 1,132,155 voucher program beneficiaries (VPBs) for School Year (SY) 2023-2024. Meanwhile, ESC got an approved Php 11.05 billion budget which covers 1,031,193 ESC grantees for SY 2023-2024.
With this substantial increase, DepEd is now better equipped to fulfill its mandate to improve and expand access to quality education.
GOOD NEWS: Increase in DepEd Fund for FY 2023
Reviewed by Teachers Click
on
May 31, 2022
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Reviewed by Teachers Click
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May 31, 2022
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