Duterte gives DBM authority to release over P51 billion in Bayanihan 2 funds

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MANILA— President Rodrigo Duterte has given the Department of Budget and Management authority to release pandemic funds previously stalled in his office, Malacañang said Tuesday, following criticism

MANILA— President Rodrigo Duterte has given the Department of Budget and Management authority to release pandemic funds previously stalled in his office, Malacañang said Tuesday, following criticism from some senators.

Several Cabinet aides who attended budget hearings in the Senate earlier said that some funds under the Bayanihan to Recover as One Act have yet to be given to the agriculture, labor and tourism sectors some 2 months before the measure expires. "Binigyan niya po ng delegated authority si DBM Secretary [Wendel] Avisado para mag-approve na ng release," Presidential Spokesperson Harry Roque told reporters. "Hindi na po iyan dadaan sa Office of the Executive Secretary."

Watch more in iWantTFC Avisado approved the release of some P51.807 billion in funds broken down as follows:Bayanihan 2 is the Philippines' second COVID-19 emergency measure which authorizes the government to spend P140 billion to help sectors affected by the pandemic. The law also earmarks P25 billion in standby funds should the government need more money to finance COVID-19-related projects.

 

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