Subway project to get add'l funds
THE Metro Manila subway project will get additional funding from the Japan International Cooperation Agency (JICA) amounting to P55.7 billion, Finance Secretary Ralph Recto said on Monday.
Funds latest news
Marcos approves release of P9.7 billion unprogrammed funds for DPWH projects
MANILA, Philippines — President Marcos has approved the release of P9.7 billion from the unprogrammed funds for public works and road repair whose original budget was slashed and included in the P60 billion in last-minute insertions in the 2024 national budget by some members of the House of Representatives.
PhilHealth urged to use funds to help needy
A LAWMAKER said on Friday that the Philippine Health Insurance Corp. (PhilHealth) should not act as mere repository of investments but instead use its money to aid indigent patients.
Extra P449B standby funds constitutional, DBM says
BUDGET Secretary Amenah Pangandaman yesterday insisted on the constitutional validity of the additional P449 billion unprogrammed appropriations inserted by Congress in the 2024 national budget amid the continuing discussions challenging its legality.
DBM defends unprogrammed funds in 2024 budget
MANILA, Philippines — The Department of Budget and Management (DBM) maintained yesterday that the nearly P450 billion in unprogrammed appropriations in this year’s budget is constitutional after opposition lawmakers asked the Supreme Court (SC) to nullify the allocation.
Program provides funds to boost fishing safety
FUNDING is now available for organizations focused on reducing accidents and fatalities for fishers in the global South.
Minority solons assail P449.5 billion unprogrammed funds in 2024 budget
MANILA, Philippines — Rep. Edcel Lagman (Albay, 1st district) and other minority lawmakers urged the Supreme Court (SC) on Monday to “nullify” and prevent the government from utilizing the P449.5 billion unprogrammed funds in the 2024 General Appropriations Act (GAA).
Nullify P449B standby funds in 2024 budget, SC urged
A GROUP of lawmakers from the House of Representatives led by Albay Rep. Edcel Lagman yesterday asked the Supreme Court (SC) to declare as unconstitutional the P449 billion additional unprogrammed funds in the 2024 General Appropriations Act, arguing that it violates the constitutional provision prohibiting Congress from hiking the government’s proposed spending plan.