General Public Services will acquire the next highest share at 16.2%, followed by Debt Burden which will obtain 15.3% of the total budget. Although t… - Francis Escudero

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General Public Services will acquire the next highest share at 16.2%, followed by Debt Burden which will obtain 15.3% of the total budget. Although the Defense Sector will get the lowest share at 4.4%, it will reflect the highest percentage increase at 29% inclusive of an additional P25.988 billion for the General Headquarters, AFP, AFW-Wide Service Support units for its modernization program and an additional P9.497 billion to be sourced from the Miscellaneous Personnel Benefits Fund (MPBF). Let me now proceed Mr. President to the House-approved Budget or the General Appropriations Bill.

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About Francis Escudero

Francis Escudero (born October 10, 1969) is a Filipino politician.

Also Known As

Alternative Names: Chiz Escudero Francis Joseph G. Escudero

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Adjustments, Mr. President, will have to be made by Congress to correct and rectify things, and certain processes will have to be implemented to hasten and facilitate the implementation of projects without violating the Supreme Court decision, and yet without impairing the Executive branch’s need for flexibility in the budget execution phase --- just like, Mr. President, treading a veritable tightrope, if I may say so. If and when these adjustments are effected, Mr. President, only then can we perhaps say that truly, the legislative power of the purse is a myth no more. Now Mr. President, what is the President’s proposed budget under the N.E.P. which they aptly titled toward inclusive and sustained development.

Their loss is the loss of every Filipino. In democracy's darkest hour, she joined many others in confronting a repressive dictatorship. Her willingness to accept the daunting challenge of running against Ferdinand Marcos--despite criticism that she was a "mere housewife"--served as a catalyst for an unprecedented bloodless uprising that would lead to the restoration of democracy and the reinstitution of the many freedoms we enjoy and cherish today.

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