QUEZON City, Philippines, August 18 — The Department of Social Welfare and Development (DSWD) maintains that there are no pork barrel funds in its 2015 budget and that all budget allotments are properly broken down into corresponding programs and services. This is in response to the issue raised by Kabataan party-list Representative Terry Ridon on alleged budget insertions and presence of ‘pork barrel’ funds in government agencies including DSWD which has P401.5 million of alleged insertions for its protective […]
Tag: 2015 national budget
Congress passes 2015 national budget
The Palace is said to be happy with the passage of the 2015 national budget by the bicameral conference committee. Said budget is worth 2.606 trillion pesos.
Government will borrow to address shortcomings of 2015 national budget
The remaining balance needed for the 2015 national budget will be met by government borrowing in foreign and domestic banks and other financial institutions.
Palace thanks congressmen for approving P2.6 trillion nat’l budget
MANILA, Philippines — Malacañang has expressed its gratitude to the House of Representatives for approving the P2.6-trillion 2015 national budget, which will now be sent to the Senate for deliberations.“We’d like to thank the House of Representatives for the speedy resolution and passing of the 2015 budget in their chamber,” Presidential Spokesperson Edwin Lacierda said during Thursday’s press briefing at the Palace.“Now, the process of budget approval goes to the Senate, and we also hope […]





