Palace con­firms Duterte signed re-en­acted bud­get

Sun Star Bacolod - - Top Stories -

Ro­drigo Duterte has signed a res­o­lu­tion from Congress, ex­tend­ing the va­lid­ity of 2018’s P3.767-tril­lion bud­get un­til De­cem­ber 31, 2019.

Mala­cañang re­leased a copy of Joint Res­o­lu­tion 3 on Thurs­day, Jan­uary 3, al­though the Pres­i­dent signed it on De­cem­ber 28 yet.

Un­der Joint Res­o­lu­tion 3, Duterte ex­tended the va­lid­ity and pe­riod of avail­abity of the Fis­cal Year 2018 ap­pro­pri­a­tions for Main­te­nance and Other Op­er­at­ing Ex­penses (MOOE) and Cap­i­tal Out­lays “for the ben­e­fit of the peo­ple and for the wel­fare of the na­tion.”

It ef­fec­tively al­lows the na­tional gov­ern­ment to op­er­ate on a re-en­acted bud­get this fis­cal year, fol­low­ing the Congress’s fail­ure to ap­prove the pro­posed P3.575-tril­lion bud­get for 2019.

On Novem­ber 20, The House of Rep­re­sen­ta­tives ap­proved the pro­posed na­tional bud­get for 2019, three weeks af­ter de­lib­er­a­tions. The Se­nate, on the other hand, failed to ap­prove the pro­posed 2019 bud­get be­fore Congress went on a hol­i­day break be­cause of the House of Rep­re­sen­ta­tives’s de­layed sub­mis­sion of the 2019 Gen­eral Ap­pro­pri­a­tions Bill.

Un­der a re-en­acted bud­get scheme, the gov­ern­ment will be us­ing the ap­pro­pri­a­tions of the im­me­di­ately pre­ced­ing fis­cal year, the 2018 Gen­eral Ap­pro­pri­a­tions Act, while the pro­posed 2019 bud­get has yet to be ap­proved. The Se­nate is ex­pected to ap­prove the

pro­posed 2019 bud­get within this month.

In the mean­time, the Se­nate and the House ap­proved their re­spec­tive res­o­lu­tions on De­cem­ber 10 and Novem­ber 26, ex­tend­ing the va­lid­ity of the 2018 ap­pro­pri­a­tions for the MOOE and cap­i­tal out­lays un­til the end of 2019. Joint Res­o­lu­tion 3 was a con­sol­i­da­tion of House Joint Res­o­lu­tion 32 and Se­nate Joint Res­o­lu­tion 17.

Newspapers in English

Newspapers from Philippines

© PressReader. All rights reserved.