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Tuesday, January 29, 2008

 

Congress Ratifies 2008 
Budget By Unanimous Vote

By Efren L. Danao Senior Reporter

Both the Senate and the House of Representatives on Monday unanimously ratified the bicameral conference committee report recommending a national budget of P1.2 trillion for 2008.

The budget now goes to President Gloria Arroyo, who recommended P300 million more than the amount ratified, for her signature.

The ratification came on the first day of the resumption of session and almost a month after the government had used the 2007 national budget for its operation.

Senate President Manuel Villar Jr. said that with the ratification, the fiscal directions set by the measure will lead the government to address the needs of the country and the people meaningfully.

Sen. Juan Ponce Enrile, chairman of the Senate Finance Committee, said the bicameral panel made several cuts and realignments in the reconciled version of the national budget.

The bicameral report gives state colleges and universities P603.5 million more than the Malacañang proposal for their research, maintenance and other operating expenses and capital outlays.

Enrile did not specify the amount, but he said additional funding will be given for distance education for public high schools, creation of teaching and nonteaching positions, payment of unpaid teachers’ benefits, teachers’ training with emphasis on Science and Math, and repair of school buildings.

The agricultural sector will get an increase of P1.9 billion from the President’s budget proposal. The increase will cover additional funding for the purchase of dairy animals to be dispersed to farmers, infrastructure support, research program for organic farming, biotechnology, animal genetics, fishery and market development.

The judiciary will get P585.7 million more than what Mrs. Arroyo had proposed for the maintenance of Halls of Justice, operations of lower courts, and capital outlays for the antigraft court, Sandiganbayan.

“We have also provided for the establishment of two campuses of the Philippine Science High School to comply with the requirement to have a PSHS campus in each region and for the generation of new knowledge and technology research,” Enrile said.

The National Electrification Administration will get P600 million more for its barangay or village electrification program.

Subsistence allowance of prisoners is increased from P40 a day to P50, in addition to the provision of P3 a day for their medical allowance.

In view of the strengthening of the peso against the US dollar, Enrile said they further reduced the debt service on interest payment by P8.1 billion on foreign loans.

The cut of P300 million came from the renunciations by Sen. Panfilo Lacson of his P200 million in priority development assistance fund, more popularly known as “pork barrel” and by Sen. Antonio Trillanes 4th of P100 million for his infrastructure projects.

The initial meeting of the bicameral committee had resulted in a stalemate. The House and the Senate panels agreed to give their respective heads—Rep. Edcel Lagman of Albay and Enrile—full authority to discuss during the Christmas break the clashing provisions of the House and Senate versions.

The one-on-one meeting between Lagman and Enrile resulted in the final budget of P1.2 trillion, which was approved by the bicameral body Monday and which the Senate ratified on the same day.

Senate Minority Leader Aquilino Pimentel Jr. said he agrees with the results in general, except for the provision of additional funding for population program. He said this was not the result of any consultations or studies.

Lagman said sports development got the highest percentage increase, 19.6 percent or P59 million, to propel Filipino athletes in their quest for gold in the Beijing Olympics in August 2008.
--With Maricel V. Cruz

   

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