IKOT.PH
“Flooding” the 2024 national budget with flood control projects – worth one-quarter of trillion pesos – could lead to “watered down development that drowns out more urgent social spending,” Senator Chiz Escudero said. The amount proposed for 2024 – P255 billion – “looms large by any yardstick,” Escudero said. “It is too big for tubig,” the […]
Amid the simmering maritime dispute between Manila and Beijing, President Ferdinand Marcos Jr.’s administration has increased to P50 billion the budget for the Armed Forces of the Philippines Modernization Program (AFPMP). “The AFPMP is set to receive another P50 billion in fresh funding in the 2024 national budget,” Surigao del Sur Representative Johnny Pimentel said. […]
Senator Koko Pimentel III expressed deep concern over the priorities set forth by the Marcos administration in the proposed P5.768-trillion National Expenditure Program (NEP) and questioned the government’s commitment to addressing the pressing needs of the country. “The allocation of P9.2 billion to confidential and intelligence funds while our fellow Filipinos in calamity-stricken areas suffer […]