Drilon backs P450-B hike in 2024 unprogrammed funds


Former senator  Franklin Drilon

MANILA, Philippines — Former senator Franklin Drilon defended the rise within the proposed 2024 nationwide finances’s unprogrammed funds.

“I discover no constitutional violation within the enhance of funding for unprogrammed funds. It turns into a non-issue so long as they adhere to the circumstances outlined for releasing the funds,” mentioned Drilon in an announcement issued on Friday. 

Senate Minority Chief Aquilino “Koko” Pimentel III earlier flagged the bicameral convention committee’s resolution so as to add a P450 billion to the unprogrammed appropriations of the 2024 finances, which he mentioned is unconstitutional.

With this supposed hike, Pimentel mentioned the nationwide fund for subsequent yr could be working underneath a P6 trillion appropriation. 

Drilon, who used to chair the Senate committee on finance, defined that unprogrammed funds are solely standby appropriations which might be are distinct from the permitted fiscal program of the nationwide authorities. 

“Transactions associated to those funds are recorded once they change into precise, contingent upon compliance with circumstances specified within the Particular Provisions of the unprogrammed appropriations within the Common Appropriations Act,” he mentioned. 

Drilon as an alternative requested the general public to focus its consideration on the federal government’s clear launch of funds. 

“When contemplating extra funds, it ought to embody the whole thing of the federal government’s income assortment slightly than being restricted to particular taxes, such because the Sin Tax,” he added. 

RELATED STORIES: 



Your subscription couldn’t be saved. Please strive once more.


Your subscription has been profitable.