P80B in congressional reorganizations withheld from Palace

Last updated on May 6th, 2021 at 08:17 am

Malacañang and the Department of Budget and Management have withheld at least P80bn in congressional realignments, Senator Panfilo Lacson said Wednesday.

Advertisement Lacson said some legislators tried to realign at least P80 billion from the “Build, Build, Build” flagship program of the administration to the “Pet Projects” of their districts within the national budget for 2020.

He praised President Rodrigo Duterte and the DBM for their push, labeling such action as unmitigated gall.

He said such “allies” appear to praise Duterte to high heavens and never criticize him, but with self-aggrandizement and covetousness as their only inspiration, and nothing else.

“The president should be cautious of these so-called allies at all times,” he said without mentioning names.

On the basis of information reaching the Lacson office, instead of exercising the veto power of the President over the line items, which could delay the approval of the 2020 GAA, they decided to simply withhold the release of the funds via a DBM circular called “FOR LATER RELEASE,” which has the same effect of a veto.

Desk Writer

Spends most of the time reading news all around the world. Strong knowledge and understanding of the current situation and happenings in the ASEAN region.

Recent Posts

V Surprises ARMY with Two Holiday Releases: A Festive Collab with Park Hyo-shin and “White Christmas” Cover

For K-pop fans, the Christmas season this year has become even more magical as several of their preferred stars reveal…

November 22, 2024

Celine Names TWS as Global Ambassadors Following Suzy Bae Announcement

After Suzy Bae's nomination as Celine's worldwide ambassador, the venerable French luxury fashion company has taken another bold step choosing…

November 22, 2024

Reddit Faces Widespread Outage, Users Turn to Workarounds Amid ‘Server Error’ Messages

Thousands of users of the well-known social network Reddit were left without access after a major outage of the website.…

November 22, 2024

Anne Hathaway Casted as ‘Verity’ in Colleen Hoover’s Book Adaptation

Anne Hathaway is slated to play the much expected film version of Colleen Hoover's best-selling book Verity in front of…

November 21, 2024

Gucci Set to Revolutionize Fashion Presentations with Unified Shows in 2025 under Sabato De Sarno’s Vision

Gucci is ready to change its presentation approach for 2025 in a radical action aimed to revolutionize the fashion industry.…

November 21, 2024

South Korea’s “Korea Discount”: Addressing the Governance Gap to Boost Market Value

As world investors wait for significant changes that might solve long-standing problems of governance and responsibility in South Korea's companies,…

November 21, 2024

This website uses cookies.

Read More