Top Stories

PNOY set to sign 2015 national budget tomorrow

pnoy1President Benigno Aquino III is scheduled to sign the 2.606 Trillion peso 2015 National budget and the 22.4 Billion peso supplemental budget, also for the same year by tomorrow.

According to PLLO Secretary Manuel Mamba, at around 10 in the morning, PNOY will sign both funds. The President will be accompanied by leaders of both Houses of Congress, who spent quite a number of extended hours just so they can make it on the deadline given to them.

Mamba stated that the 2015 budget will be used in the continuous reforms and services to the public by the Aquino administration.

Aside from this, the funds will also be used in the on-going reconstruction and rehabilitation activities in areas that were hit by typhoon Yolanda.

“The 2015 budget is meant to continue the reforms and services of the Aquino administration. You can call it a reconstruction budget, because it will address the ongoing rehabilitation efforts  for  the  areas battered by super typhoon Yolanda.”

In line with this, Mamba denied claims that the budget is allocated in strengthening all of the Aquino administration’s candidates in the 2016 elections.

“There is nothing unusual about the budget that will lead one to consider is as an election budget,” insisted Mamba.

Under the supplemental budget, more than Eight Billion pesos is allocated to the National Housing Authority for the construction of more than 27, 313 permanent housing units for Yolanda survivors.

Meanwhile, the Two Billion pesos will be for the Emergency Shelter Assistance for victims of the typhoon under the Department of Social Welfare and Development.

There’s Two Billion pesos for the rehabilitation and capacity extension of the Metro Rail Transit-3, including the acquisition of a new signaling system and rehabilitation of escalators and elevators.

Some of the supplemental budget is reserved for the debt of the Department of Public Works and Highways for the projects that were halted due to the ruling of the Supreme Court on the Dibursement Acceleration Program and the Pork Barrel funds.

The National Household Targeting System for Poverty Reduction of the DSWD will have 1.9 Billion pesos from the said fund for the Operational Transformation plan of the Philippine National Police./

Meanwhile, former National Treasurer Prof. Leonor Briones of the Social Watch Philippines claims that the 2015 national budget is full of allocations that’s similar with the Pork Barrel.

Some of the allocations Briones mentioned include DOH with 1.8 Billion pesos for its assistance to Indigent and Poor patients and the implementation of other projects for local government units worth 99.22 million pesos; DSWD for its assistance to the victims of disasters and natural calamities will be receiving 2.23 Billion pesos, protective services for individuals and families in especially difficult circumstances worth 5.24 Billion pesos, sustainable livelihood program worth 4.93 Billion pesos and the implementation of programs/projects for local government units amounting to 1.62 billion pesos, among others.

Leave a Comment

Your email address will not be published. Required fields are marked *

*