Connect with us

Hi, what are you looking for?

Economy

Half-a-trillion pesos given to lawmakers’ districts — senator

A SENATOR on Thursday flagged almost half-a-trillion pesos of congressional district funds under next year’s P4.5-trillion national budget.

Senator Panfilo M. Lacson said the House of Representatives had allotted P620 million to P15.35 billion in infrastructure budgets for more than 200 congressional districts.

About 220 districts got more than P1 billion each, while the rest had at least P620 million each, the lawmaker said during plenary debates on the budget of the Public Works department.

The district allocations totaled P474.8 billion, Mr. Lacson said. “I am not blaming the department when it appears this way because practically, it was the congressmen who are responsible for this list,” he said in mixed English and Filipino.

Mr. Lacson also said there were 739 line items for multipurpose buildings that will get P1 million each in the national budget.

Last week, he said these were “rehashed” projects that remained unfinished even after years of being funded.

Mr. Lacson also said the Public Works department’s budget had “double appropriations” and overlapping projects.

A coastal bypass road project in Davao City was provided with separate budgets worth P1.791 billion and P4.049 billion, he said.

Senator Juan Edgardo M. Angara, who sponsored the agency’s budget, said the separate items would fund different sections of the road.

The Supreme Court in 2013 ruled congressmen’s priority development assistance fund, more commonly known as the pork barrel, was illegal.

The lump-sum discretionary fund was given to each lawmaker to finance pet infrastructure or community projects that fell outside the scope of the national infrastructure program.

Legislators had also lobbied for a share in the budgets of crucial line agencies to expand the amount of allocations at their disposal. — Charmaine A. Tadalan

Click to comment

Leave a Reply

Your email address will not be published.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

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Economy

The Bank of the Philippines Islands (BPI) secured back-to-back awards from a multitude of notable local and regional awarding entities throughout 2022. These recognitions...

Investing

A glittering night of celebration for the UK’s 140 finalists of the Business Champion Awards. Over 300 guests filled the East Wintergardens in London’s...

Economy

THE PHILIPPINE government should take time to study the transport modernization program and execute it properly rather than rush the whole process, according to...

Economy

Shinagawa Healthcare Solutions Corp. is preparing to open a diagnostic and preventive care center in Bonifacio Global City (BGC) next month, the company’s president...

Economy

The Philippine government is planning to launch a retail dollar bond offering next month, Finance Secretary Benjamin E. Diokno said. “We plan to launch...

Economy

Fisherfolk, farmers, children, and individuals residing in rural areas remained the poorest sectors in 2021, according to the Philippine Statistics Authority (PSA). Preliminary estimates...

You May Also Like

Investing

Browsing history makes referring to sites and pages you’ve visited in the past seamless. It’ll help you recall what page you checked out on...

Investing

The minute that any question pops into your head, you can simply ask Google. No longer do we have to pour over books and...

Investing

Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...

Investing

Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.