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Politics

GOV’T AGENCIES URGED TO SAVE TO EASE INFLATION

Requiring government agencies to set aside 5 percent in budgetary savings could free up to P250 billion out of the P5.04-trillion national budget for 2022 to ease the country’s record-high inflation, a lawmaker said. Taguig-Pateros Rep. Alan Peter Cayetano explained this is one step to addressing high inflation risks caused by Russia’s invasion of Ukraine, […]

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Politics

USE DA’S BUDGET TO GENERATE JOBS – PANGILINAN

Vice-presidential candidate Senator Kiko Pangilinan made a push anew for ramped-up spending in agriculture to buoy activities in the sector and generate jobs. “Mahigit P5 trillion ang budget natin ngayon taon. Dapat taumbayan ang makikinabang, hindi ibubulsa ng iilan habang milyon-milyon sa ating mga kababayan ang walang makain at walang trabaho,” Pangilinan said. “Dapat maramdaman […]

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Politics

CONSULTATION NEEDED IN ‘PET’ PROJECTS – LACSON

For 2022 and beyond, development projects being advocated by lawmakers should undergo at least proper planning and consultation with the proper local authorities as well as implementing agencies. Senator Panfilo Lacson aired this hope as he said the country cannot afford to continue wasting hundreds of billions of pesos in unutilized funds in the budget […]

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Politics

AGRI BACKS ROBREDO PLAN TO DOUBLE PH AGRI BUDGET

The AGRI Party-list expressed support for the plan of Vice President Leni Robredo to double the budget for the agriculture sector to at least P116 billion should she win the presidency in 2022. “Natutuwa kami na binibigyang halaga ni Vice President Robredo ang agrikultura at buo ang suporta namin sa kanyang panukala na doblehin ang […]

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Government

DA NEEDS ADDITIONAL P12-B BUDGET FOR FOOD SECURITY

The Department of Agriculture (DA) is seeking an additional P12 billion (B), on top of the recommended P95-B budget for 2022, to address surmounting food and agriculture global challenges onto the “new world.” “We are entering a ‘new world’ — the global scale of the ‘new normal’ as an offshoot of the COVID-19 pandemic — […]

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Government

DEPED P629-B 2022 BUDGET GETS SENATE OK — BRIONES

The Department of Education (DepEd) successfully defended its approved budget for 2022 amounting to P629.8 billion before the Senate of the Philippines. DepEd and its attached agencies are set to receive a P629.8 billion budget for its National Expenditure Program for 2022, 6% higher than its P595 billion budget in 2021 to primarily support the […]

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Politics

DBM TOLD TO PRIORITIZE VIROLOGY INSTITUTE BUDGET

The chair of the House Ways and Means Committee lauded President Rodrigo Duterte for ordering the Department of Budget and Management (DBM) to include the Virology Institute of the Philippines (VIP) in the President’s budget proposal for 2022. Albay Representative Joey Salceda said Duterte’s prioritization of the VIP in the national budget will help ensure […]

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Politics

PEACE PARTY TO LGUS: HIKE BUDGET FOR EDUCATION

An education advocacy group urged local government units to “set aside a greater amount for education” for 2022, as the windfall from the Mandanas ruling on the internal revenue allotment kicks in. “Our LGUs will play a crucial role in addressing our education crisis. With the Mandanas ruling finally taking effect next year, they will […]

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Politics

PANGILINAN TO SENATE: PROBE P25-B VACCINE BUDGET

Senator Kiko Pangilinan said additional spending on the procurement of COVID-19 vaccines needs to be subjected to a Senate hearing. Earlier, Budget Secretary Wendell Avisado said that the government needs an additional P5 billion on top of the P82.5 billion allocated for vaccine procurement under the Bayanihan to Recover As One Act or Bayanihan 2. […]

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Politics

P50B SUPPLEMENTAL BUDGET EYED FOR PENSION FUND

The chair of the House of Representatives’ Committee on Appropriations said Tuesday he would file a P50-billion supplemental budget to augment the Pension and Gratuity Fund (PGF) for retired uniformed personnel in the 2021 national budget. ACT-CIS party list Representative Eric Yap made the statement after Anakalusugan party list Representative Mike Defensor, a known ally […]