EconomyForex

Lawmaker says fund-mixing illegal 

1 Mins read

A PARTY-LIST lawmaker on Monday said cash aid for farmers should not be mixed with unprogrammed funds in the 2023 budget of the Department of Agriculture (DA). 

“The DA admitted that cash assistance for farmers is lumped with support for infrastructure projects and social programs,” Party-list Rep. Arlene D. Brosas said at a House of Representatives budget hearing. 

Under the budget bill, excess revenue from the Rice Tariffication program will be lumped with other sources of funds. 

Ms. Brosas called the provision unconstitutional, noting that the basic charter provides that the use of funds should be limited to the purpose of appropriation. 

The Agriculture department will get P102.15 billion next year, a 49% increase from its budget this year. — Matthew Carl L. Montecillo 

Related posts
EconomyForex

PSEi ends flat as market awaits Fed policy hints

2 Mins read
BW FILE PHOTO PHILIPPINE STOCKS ended flat on Wednesday as investors stayed on the sidelines ahead of a trading break and the…
EconomyForex

‘Game-Changing Insights’: Dealers’ Business Forum ignites passion and purpose among partners

2 Mins read
By Jay Ann Bonghanoy It wasn’t just another seminar. For many dealers in the room, it marked a real turning point. On…
EconomyForex

‘Game-Changing Insights’: Dealers’ Business Forum ignites passion and purpose among partners

2 Mins read
By Jay Ann Bonghanoy It wasn’t just another seminar. For many dealers in the room, it marked a real turning point. On…
Power your team with InHype
[mc4wp_form id="17"]

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *