BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. The new year is about new beginnings. I am happy to note that the Maharlika Investment Corporation (MIC), which shall govern the Maharlika Investment Fund (MIF), has hit the ground running with its inaugural meeting on Jan. 3,...
House Appropriations Committee chairman Rep. Elizaldy Co on Tuesday, January 9 rejected claims that an additional P12-billion budget of the Commission on Elections (Comelec) would be used to finance Charter change. Co is referring to Albay Congressman Edcel Lagman’s claim that P12-billion...
The Department of Budget and Management (DBM) allocated an additional P3 billion that will fund the repair and rehabilitation of elementary and secondary school buildings. Budget Secretary Amenah F. Pangandaman has approved the release of a Special Allotment Release Order (SARO) that amounts to...
Senator Christopher "Bong" Go said he is confident that the increase in the Department of Health’s (DOH) budget would bode well for the millions of Filipinos this year. The Senate Committee on Health and Demography chairman noted that under the 2024 General Appropriations Act (GAA),...
The Department of Budget and Management (DBM) is confident that the national government has achieved its infrastructure spending target for last year. In the latest national government disbursement performance report, the DBM stated that the overall infrastructure spending for January to December...
The government has allotted some P56 million to cover the construction of a three-story building of the Mindanao State University in Marawi City. Budget Secretary Mina F. Pangandaman has approved the release of the Special Allotment Release Order (SARO) of over P55.65 million to fund the Student...
The Department of Budget and Management (DBM) said it will implement the approved spending appropriations for this year, even if there are legal challenges regarding unprogrammed funds in the Supreme Court. On Wednesday, Jan. 3, the budget department maintained that the unprogrammed funds in the...
Senate Minority Leader Aquilino "Koko" Pimentel III said on Wednesday, Jan. 3 that he is targeting to file his petition before the Supreme Court (SC) on the unconstitutionality of the additional P450-billion unprogrammed funds in the 2024 national budget this week. "The target is this week but...
Over half a billion was issued to cover the construction and expansion of the National Kidney and Transplant Institute’s (NKTI) building, the Department of Budget and Management (DBM) said on Wednesday, Jan. 3. Budget Secretary Amenah F. Pangandaman has approved the issuance of Special Allotment...
Albay 2nd district Rep. Joey Salceda (Facebook) Albay 2nd district Rep. Joey Salceda expressed confidence that the Supreme Court (SC) would decide in Congress' favor in the event that the 2024 national budget's validity gets challenged. This, after...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. There's something about the end of the year that gives us a glimmer of hope. We may have faced the most severe obstacles or the most heartbreaking events in the year that was—failures, conflicts, the loss of a loved one—but...
Senator Sherwin Gatchalian on Tuesday, January 2 assured that the 2024 General Appropriations Act (GAA) or Republic Act No. 11975 has sufficient allocation to address possible funding deficiency in free higher education in state universities and colleges (SUCs). Gatchalian said the 2024 GAA...
