Section 112December 22, 1997, Sec./Art. 112

Continuing Appropriation. - The Department of Budget and Management (DBM) is hereby mandated to include annually in the next six (6) years, in the President's Program of expenditures for submission to Congress, and release, an amount not less than Seventeen billion pesos (P17,000,000,000.00) for the implementation of this Act.

Additional funds over and above the regular yearly budget of the Department shall be sourced from twenty percent (20%) of the proceeds of the securitization of government assets, including the Subic, Clark, and other special economic zones.

Other sources of funds shall be from the following:

a. Fifty Percent (50%) of the net earnings of the Public Estates Authority;

b. Loans, grants, bequest, or donations, whether from local or foreign sources;

c. Forty percent (40%) of the TESDA Skills Development Fund;

d. Net proceeds from the privatization of the Food Terminal Inc. (FTI), the Bureau of Animal Industry (BAI), the Bureau of Plant Industry (BPI), and other assets of the Department that will be identified by the DA Secretary and recommended to the President for privatization;

e. Proceeds from the Minimum Access Volume (MAV) in accordance with the provisions of Republic Act No. 8178;

f. Poverty alleviation Fund; and

g. Fifty Percent (50%) of the Support Facilities and Services Fund under Republic Act No. 6657.