DOST research and dev’t support fund gets P8.8 billion – DBM

By Darryl John Esguerra

September 22, 2024, 10:08 am

MANILA – The government has allocated a total of PHP8.8 billion for the Grants-In-Aid (GIA) program of the Department of Science and Technology (DOST), the Department of Budget and Management (DBM) said Sunday.

In a statement, the DBM said the funding aims to sustain the implementation of various science, technology, and innovation programs.

"This GIA Program aims to spur economic growth through the strategic application of science and technology,” President Ferdinand R. Marcos Jr. said in his Budget Message, as quoted by the DBM statement.

"By providing grants or funding to projects and proposals aligned with the DOST's priorities and thrusts, the program intends to foster innovation and drive sustainable development," he added.

The GIA program also aims to strengthen the participation of various science and technology sectors, particularly in research and development, promotion, technology transfer and utilization, human resources development, information dissemination, advocacy, and linkages.

For her part, Budget Secretary Amenah Pangandaman said the allocation will “empower” innovators and researchers to thrive in their fields and contribute to economic development.

"I've always been an advocate of advancing research and development in the country. Thus, we shall continue providing necessary support to crucial programs such as GIA to help empower our innovators, researchers, and learners, to make a difference in society through science and technology undertakings," Pangandaman said.

In his Budget Message, Marcos underscored the need to accelerate the use of science, technology, and innovation as tools for achieving economic and social transformation.

He also affirmed his administration's goal of establishing the Philippines as a regional hub for smart and sustainable manufacturing, innovation, creativity, and sustainability.

To attain this objective, the DOST will be provided with PHP28.8 billion under the proposed 2025 budget. (PNA)

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