Archive for Budget

July 28th, 2014Budget, News, SONAsunnex 0 Comments

MANILA — President Benigno Aquino III recited before members of Congress on Monday the benefits of the controversial Disbursement Acceleration Program (DAP). Aquino said in his State of the Nation Address (Sona) that the DAP infused P1.6 billion for the training-for-work scholarship program of the Technical Education and Skills Development Authority (Tesda), which benefited 223,615 […]

July 14th, 2014Budget, Cases, Funds, Judiciarysunnex 0 Comments

MANILA (Updated) — President Benigno Aquino III did not hide on Monday his displeasure over the Supreme Court (SC) decision declaring key parts of the Disbursement Acceleration Program (DAP) unconstitutional.

INSTEAD of 11 floors, the new headquarters of the Commission on Elections (Comelec) in Pasay City will only be seven floors as the poll body has used up a portion of its savings for the conduct of the barangay and Sangguniang Kabataan (SK) polls next month. “We need to cut our building from 11 floors

WHILE investigation is still ongoing on the alleged P10-billion pork barrel fund scam, President Benigno Aquino III acknowledged Wednesday that there were really people who pocketed the priority development assistance fund (PDAF). Aquino, who expressed his disgust over the alleged corruption, vowed that this kind of anomaly would no longer be repeated by ensuring penalties […]

July 23rd, 2013Budget, News, SONA 0 Comments

PRESIDENT Benigno Aquino III urged Tuesday Congress to immediately approve the proposed P2.268-trillion budget for next year. On behalf of the President, Budget Secretary Florencio Abad submitted to Congress the proposed budget for 2014, one day after Aquino’s fourth State of the Nation Address (SONA) on Monday. “I encourage you to look at this Budget […]

November 4th, 2012Budget 0 Comments

THE government has allotted P8.9 million for President Benigno Aquino III’s participation to the 9th Asia-Europe Meeting (ASEM 9), which will be held in Lao People’s Democratic Republic (PDR) from November 5 to 6. President Aquino and his lean delegation left Sunday afternoon for Vientiane to attend the ASEM 9, his first since assuming the […]

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