Allowing The Expenditure During The Period FromJanuary First ToJune Thirty, Nineteen Hundred And Seventy-Three, Of The Income Accruing To The General, Trust And Other Funds In The Philippin

Case Overview and Summary

Summary of Presidential Decree No. 613

Deficit in the General Fund
- As of fiscal year 1971-72 ended June 30, 1972, there was a deficit of P335,412,694.71 in the General Fund. (Whereas clause)

Quarterly Allotment System
- Pursuant to Republic Act No. 992 (Revised Budget Act), a quarterly allotment system was established to prevent deficit by keeping expenditures within the income. (Whereas clause)

Paralysis of Government Activities
- Following the allotment system, collections at the beginning of the fiscal year would have to be applied first to wipe out the deficit of the previous fiscal year, effectively paralyzing essential government activities during the first quarter of the new fiscal year. (Whereas clause)

Authorization of Expenditures
- The expenditures made during the period from July 1 to December 31, 1973, pursuant to appropriations made by law prior to this Decree, of the income accruing to the general, special, trust, and other funds in the Philippine Treasury for the said period, are hereby authorized. (Section 1)
- Expenditures from special and trust funds shall be for the purposes for which said special and trust funds were created. (Section 1)

Repeal or Modification of Inconsistent Laws
- All laws, decrees, orders, rules and regulations or parts thereof inconsistent with this Decree are hereby repealed or modified accordingly. (Section 2)

Effectivity
- This Decree shall take effect immediately. (Section 3)