Tag: re-enacted budget

Bam Aquino: Even with re-enacted budget, teachers on poll duty this year should get pay they deserve

(Eagle News)–Senator Bam Aquino has said teachers who will serve in the May 2019 elections should get the pay they deserve even if there was a reenacted budget for this year. Aquino made the statement after the Commission on Elections warned these teachers would not receive their honoraria in such a scenario, and amid talks of a re-enacted budget following a deadlock  between the House of Representatives and the Senate. According to Aquino, should this be […]

Palace: Re-enacted budget will hurt PHL economy

(Eagle News) — For the Palace, a “reenacted budget as a result of budget impasse” will ultimately hurt the country’s economy. In a statement issued on Thursday, Jan. 31, Presidential Spokesperson Salvador Panelo said it would, after all, “translate to lost opportunities for higher growth..” He said economic managers were “estimating a loss of 1 to 2.3 percentage points in the full-year gross domestic product” in the event the 2019 budget is not passed. He […]