On 2018 bud­get

Sun.Star Cagayan de Oro - - Opinion - BY LORENZO E. MEN­DOZA

FOR the Depart­ment of Ed­u­ca­tion, all re­main­ing 2018 MOOE and CO of schools, DOs, ROs and pro­gram funds at Cen­tral Of­fice shall remain valid un­til Dec 31, 2019. This is the re­sult of the joint res­o­lu­tion ap­proved by congress and signed by Pres­i­dent Ro­drigo Duterte ex­tend­ing for one year the avail­abil­ity of the main­te­nance and other op­er­at­ing ex­penses (MOOE) and for cap­i­tal out­lay un­der the 2018 na­tional bud­get.

It could be re­mem­bered that the House voted for its ex­ten­sion on the joint res­o­lu­tion on Novem­ber 27, 2018, while the Se­nate had its ap­proval on De­cem­ber 3, 2018.

The in­for­ma­tion was first re­vealed by House Ma­jor­ity Leader Rolando An­daya Jr. in a House hear­ing at Naga City on Thurs­day, Jan­uary 3, that the Pres­i­dent al­ready signed Joint Res­o­lu­tion 3. Ex­ec­u­tive Sec­re­tary Sal­vador Me­di­aldea also con­firmed that Pres­i­dent Duterte signed the doc­u­ment on De­cem­ber 28, 2018.

With the said de­vel­op­ment Joint Res­o­lu­tion 3 ex­tends the va­lid­ity of the MOEE and cap­i­tal out­lay funds un­der the P3.767 tril­lion 2018 bud­get to De­cem­ber 31, 2019 prompt­ing the un­used funds not to go back to the Na­tional Trea­sury.

The ex­cerpt of the res­o­lu­tion runs as fol­lows: “Re­solved by the House of Rep­re­sen­ta­tives, the Se­nate of the Philip­pines vot­ing separately, to ex­tend the va­lid­ity and pe­riod of avail­abil­ity of the Fis­cal Year 2018 ap­pro­pri­a­tions for main­te­nance and other op­er­at­ing ex­penses and cap­i­tal out­lays to De­cem­ber 31, 2019, amend­ing for the pur­pose Sec­tion 61 of the Gen­eral Pro­vi­sions of Repub­lic Act No. 10964, oth­er­wise known as the Gen­eral Ap­pro­pri­a­tions Act of Fis­cal Year 2018”.

Con­se­quently, Pres­i­dent Duterte cited the need for funds to re­ha­bil­i­tate re­gions still suf­fer­ing from the af­ter­math of sev­eral calami­ties like Ty­phoons Rosita and Om­pong, flash floods, and flood­ing in­ci­dents caused by the south­west mon­soon and en­sures that funds for on­go­ing re­ha­bil­i­ta­tion ef­forts – like the al­lo­ca­tions for re­build­ing war-torn Marawi City – can still be used legally by the gov­ern­ment be­yond De­cem­ber 31, 2018.

In an­other de­vel­op­ment, the Depart­ment of Bud­get and Man­age­ment (DBM) headed by Sec­re­tary Ben­jamin Dio­kno re­vealed it would over­see the re­quire­ments of the na­tional gov­ern­ment as it runs on a reen­acted bud­get to min­i­mize its neg­a­tive im­pact on the econ­omy.

Dio­kno, in a state­ment said that reen­acted bud­get will pre­sum­ably last for the first quar­ter of 2019 as a re­sult of the Law­mak­ers fail­ure to pass the bud­get in time due to ques­tions over al­leged in­ser­tions.

Cir­cu­lar Let­ter No. 2019-1 that con­tains the guide­lines for fund re­leases un­der the reen­acted bud­get and signed by Dio­kno on the first work­ing day of the year is a mea­sure to min­i­mize the dam­age to the Philip­pine econ­omy, par­tic­u­larly pub­lic con­struc­tion. The guide­lines which will cover the re­lease of funds in the first quar­ter of 2019 in an­tic­i­pa­tion of the pas­sage of the Gen­eral Ap­pro­pri­a­tions Act 2019 (GAA 2019) will be en­forced un­til the GAA 2019 is passed into law by the Congress.

It co­in­cides with the in­for­ma­tion that the pro­posed P3.75 tril­lion 2019 na­tional bud­get is un­likely to be signed un­til Fe­bru­ary 7 as re­vealed by the Se­nate’s “ten­ta­tive cal­en­dar” re­leased by Se­nate Ma­jor­ity Floor Leader Miguel Zu­biri.

Ear­lier DBM said that with a re­cy­cled bud­get, gov­ern­ment em­ploy­ees will not yet re­ceive their in­creased pay un­der the fourth tranche of the Salary Stan­dard­iza­tion Law (SSL) but will re­ceive the lump­sum amount af­ter the GAA 2019 will be ap­proved not later than March, 2019.

This cor­ner hopes that every­thing will be in or­der the ear­li­est pos­si­ble time so that the ben­e­fits of 2019 bud­get will still be higher than the neg­a­tive ef­fects of reen­acted bud­get.

Newspapers in English

Newspapers from Philippines

© PressReader. All rights reserved.