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Politics

BIGGER GOV’T DIVIDENDS FROM LBP-DBP MERGER – SOLON

Surigao del Sur Representative Johnny Pimentel has high hopes that the national government will receive bigger cash dividends from the Land Bank of the Philippines (LBP) after its planned merger with the Development Bank of the Philippines (DBP). “There’s no question that the business combination will create a larger Land Bank with a greater capacity […]

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Politics

SOLON: AFP MODERNIZATION BUDGET BUMPED UP TO P45B

Congress has increased this year’s budget for the Armed Forces of the Philippines Modernization Program (AFPMP) by P6 billion, raising the total new appropriations to P45 billion. “In all, there’s P45 billion for the AFPMP in the 2023 national budget – P27.5 billion in programmed appropriations plus P17.5 billion in unprogrammed appropriations,” Surigao del Sur […]

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Politics

SOLON URGES BIGGER BUDGET FOR WITNESS PROTECTION

Surigao del Sur Rep. Johnny Pimentel wants Congress to provide a bigger budget to the Department of Justice’s Witness Protection, Security and Benefit Program (WPSBP), amid the spate of violent crime, including the Oct. 3 contract killing of veteran radio commentator Percival Mabasa, better known as Percy Lapid. “The WPSBP seems to be working well. […]

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Politics

LGUS TO GET P10.1B SHARE OF ‘NATIONAL WEALTH USE’

Provinces, cities, municipalities and barangays whose natural resources such as mineral deposits and energy supplies are being harnessed commercially stand to receive a combined P10.1 billion in additional development funding from the national government next year, Surigao del Sur Rep. Johnny Pimentel said on Sunday. “The P10.1 billion covers the 40 percent share of local […]

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Politics

MARAWI SIEGE REPARATION FUND IN 2023 BUDGET

The amount of P1 billion has been set aside to compensate residents of Marawi City who lost private property during the 2017 siege, Surigao del Sur Rep. Johnny Pimentel said on Sunday. “The allocation for the Marawi Siege Victims Compensation Fund has been included in the 2023 national budget,” Pimentel said. Under the law, the […]

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Politics

SOLON URGES PALACE: FUND PENSION HIKE OF SENIORS

Surigao del Sur Rep. Johnny Pimentel has asked Malacañang to include in the proposed 2023 national budget the extra P25 billion needed to pay for the P500 increase in the monthly pension of indigent senior citizens. “We are hoping that the P25 billion will be factored into the budget bill that the Palace is scheduled […]

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Politics

SOLON WANTS MORE FROM SSS FOR LAID OFF WORKERS

Amid the widespread job losses caused by the COVID-19 pandemic, Surigao del Sur Representative Johnny Pimentel wants to triple the amount of unemployment insurance that laid off workers can claim from the Social Security System (SSS). Under Pimentel’s House Bill 8594, displaced workers can claim unemployment benefits equal to 50 percent of their monthly salary […]