THREAD: Nasaan ang P270+B?

Me & my ex-workmates at the Department of Budget and Management @rupertnotholmes @znsuzara @kapicapistrano @LaniCVillanueva will give you our analysis of the Bayanihan funding.

Starting with P270B lang ba talaga ang hawak ni Duterte, base sa batas?
UP LSG estimated that the funds total P880B.

Pero @znsuzara arrives at higher estimate: “If we consider the provisions of the Bayanihan Act, the President actually has discretion over 65% of the 4.1T budget. That’s 2.7T. We don’t know how that will actually be used.”
Section 4, Paragraph V gives the President the power to discontinue programs, projects, and activities that have been approved by the 2019 and 2020 budgets. In short, kaya niya halughugin ang lahat na aprubado at i-cancel para magkaroon ng savings. Bakit mahalaga magka-savings?
Ginagawa ng mga administrasyon na mag-realign o mag-cancel ng programa para magkaroon ng savings.

Sa probisyon ng budget law, savings ang mayroong kontrol ang presidente. Ito ang pinagkukuhan niya ng pondo para sa mga proyektong nais pang ipatupad ng administrasyon nito.
You can follow @johntmorales.
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