Manasan, Rosario G. - 2013 - This version: December 2012
fiscal targets set out in the Budget of Expenditures and Sources of Financing (BESF) for 2013 are likely to be met … sourced from the BIR collections, which is estimated to reach PHP 1.26 trillion in 2013, exceeding the President's Budget …'s estimate of PHP 1.24 trillion. Second, although a more balanced distribution of the budget between the social services and …
