IKOT.PH
A lawmaker is urging the national government to increase the allocation for Mindanao in next year’s national budget by at least 5 percent or by P286 billion to promote growth and development in the island region. Cagayan de Oro City Representative Rufus Rodriguez said the proposed budget augmentation should be included in the State of […]
Camarines Sur Representative LRay Villafuerte said Thursday that President Duterte’s signing of laws extending the validity of unspent funds under both the 2020 General Appropriations Act (GAA) and the Bayanihan to Recover as One Act (Bayanihan 2) will let the government further accelerate public spending and fast-track the recovery of the domestic economy from the pandemic-induced […]
The Senate with 22 affirmative votes, no negative and no abstention, passed on third and final reading the proposed P4.506 trillion national budget. The Senate approved House Bill No. 7727 or the General Appropriations Act of 2021, which includes funding to strengthen the government’s COVID- 19 response, provide assistance to victims of calamities, and support […]
House Speaker Alan Peter Cayetano has assured that there will be no delay or adverse effects to be encountered if the national budget for 2020 is not signed into law before yearend. Cayetano made the assurance following the statement of Acting Budget Secretary Wendel Avisado that the 2020 budget is now scheduled to be signed […]
The Senate has decided to suspend its sessions in view of the country’s hosting of the 30th Southeast Asian (SEA) Games and the Bicameral Conference Committee deliberations on the proposed P4.1-trillion 2020 budget. In explaining the week-long work suspension, Senate Majority Leader Juan Miguel Zubiri said Senate work was automatically suspended starting December 2, Monday, […]
To make up for the delays in the implementation and completion of key infrastructure and social projects this year, Senator Sonny Angara urged all agencies to disburse and utilize their budgets for 2019 to achieve growth targets this year. The call is in response to the statement of the Department of Budget and Management (DBM) […]
Senator Sonny Angara has filed a joint resolution extending the availability of the 2019 budget for maintenance and other operating expenses (MOOE) and capital outlays to Dec. 31, 2020. Angara filed Senate Joint Resolution No. 7, seeking to amend Section 65 of the general provisions of RA 11260 or the General Appropriations Act of Fiscal […]
Minority Leader and Manila 6th District Rep. Benny Abante Jr. on Thursday said members of the Minority will thoroughly scrutinize the National Expenditure Plan (NEP) submitted by the Executive Department while balancing the need to pass the General Appropriations Act (GAA) on time to ensure the prompt delivery of services to the people. This as budget […]
Incumbent and former Members of the House of Representatives shared valuabld lessons with neophyte district and party-list lawmakers to give them a better understanding and appreciation of the budget process, Constitutional provisions, and the important role of the House Secretariat. Former Davao City Representative and now Cabinet Secretary Karlo Nograles, former Marikina City Rep. Miro […]
Senator Loren Legarda said Senate will now submit the 2019 General Appropriations Bill (GAB) for the signature of President Rodrigo Duterte after Senate President Tito Sotto III signed the bill “with strong reservations.” Legarda, Chair of the Senate Committee on Finance, said the Senate President signed the 2019 GAB with an annotation saying that his […]