Beng hopes early approval of 2012 P1.8-T budget PDF Print E-mail
Thursday, 28 July 2011 17:04

House Deputy Speaker for Mindanao Beng Climaco is hopeful that the House of Representatives will approve the proposed 2012 General Appropriations Act amounting to P1.816T the soonest possible time to allow President Aquino to approve the same before the end of the year.

Last year, Congress also approved the budget early November paving the way for the president to sign the budget into law earlier than the enactment of the current GAA.

Cong. Climaco said the early approval of the budget will aid the Aquino administration in implementing its priority programs that include transparent, accountable and participatory governance; poverty reduction and empowerment of the poor and vulnerable; rapid, inclusive and sustained economic growth; and just and lasting peace and the rule of law; and integrity of the environment and climate change adaptation and mitigation.

President Aquino in his state of the nation address (SONA) before members of the Senate and Congress Monday afternoon highlighted House of Representatives’ prompt approval of the 2011 GAA that enabled his administration to immediately undertake its priority thrusts.

In order to accomplish the plans he has set out to do, President Aquino requires the collaboration of the other officials especially the House of Representatives and the Senate.

On Tuesday, Budget Secretary Florencio Abad formally presented to House Speaker Feliciano Belmonte, Jr., Deputy Speaker Climaco and other Congress officials the proposed 2012 GAA that focuses on achieving the president’s “social contract” with the Filipino people.
Belmonte vowed an expeditious yet judicious budget process by Congress.

Appropriations chairman Joseph Emilio Abaya, in the presence of Deputy Speakers Climaco, Raul Daza, Pablo Garcia, Arnulfo Fuentebella, Jesus Crispin Remulla, Erin Tanada and Majority Leader Neptali Gonzales II and the vice-chairmen of the different subcommittees of the Appropriations panel, announced that committee deliberation will promptly start on August 1st and expressed confidence the President would be able to sign it into law earlier than the enactment of the current GAA.

The proposed budget is 10.4% higher than the current P1.645 trillion national outlay designed to ensure “a direct, immediate and substantial” benefit for the people.
The budget was submitted a day after President Benigno Aquino III delivered his second State of the Nation Address (SONA). The last time the budget proposal was submitted a day after the SONA was on July 27, 1999, after then-President Joseph Estrada’s second SONA. — Marvin Segura