The Senate will carefully review the contents of the 2018 Proposed National Budget.
According to Senate President Aquilino ‘Koko’ Pimentel, Senator Loren Legarda, chairman of the Committee on Finance, agreed to the review in order to ensure that the budget for 2018 is realistic.
Pimentel said that the Senate will reduce the budget of different government agencies based on their un-used funds.
In 2016, about Php 500 billion was not used from government funds.
Due to this, some senators are questioning the proposal of Malacañang to implement new taxes even though there are large savings in the yearly budget.