Gov’t has enough funds for COVID-19 response, senators assure

The government has enough money to fund the fight against the coronavirus disease (COVID-19) pandemic, senators said on Tuesday.

4/7/2020 6:55:00 PM

The government has enough money to fund the fight against the coronavirus disease (COVID-19) pandemic, senators said on Tuesday. | CMRamosINQ

The government has enough money to fund the fight against the coronavirus disease (COVID-19) pandemic, senators said on Tuesday.

The funding was allowed as part of the Bayanihan to Heal As One Act, or Republic Act No. 11469, which granted Duterte special powers to allocate it.The law also allowed the President to “direct the discontinuance of appropriated programs, projects or activities (P/A/P) of any agency of the Executive Department, including government-owned or controlled corporations (GOCCs), in the FY 2019 and 2020 General Appropriations Act (GAA), whether released or unreleased, the allotments for which remain unobligated, and utilize the savings generated therefrom to augment the allocation for any item directly related to support operations and response measures, which are necessary or beneficial in order to address the COVID-19 emergency.”

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“We have not touched the 2020 GAA [General Appropriations Act], except the usual first quarter expenditures. Life is most important. Money can be restored later,” Sotto, speaking partly in Filipino, went on.Sen. Panfilo Lacson also pointed out that the government could tap other sources to augment the funds for the country’s COVID-19 response, on top of the available P275 billion from untapped and unused funds from GOCCs.

He said Dominquez had earlier informed the Senate, during a caucus with Cabinet secretaries, of a $100 million grant from the Asian Development Bank (ADB) and a standby loan from World Bank that may be tapped.Lacson added that unused appropriations of several agencies from the 2019 GAA, which Budget and Management Secretary Wendel Avisado estimated at P600 billion, could also be tapped by the government.

According to Lacson, the distribution of assistance to affected families would pose a “bigger challenge” than the availability of funds.ADVERTISEMENTSen. Imee Marcos, chair of the Senate economic affairs committee, also said that “there is money.”According to her, the government could make use of the savings from the 2019 GAA, among other sources.

Sen. Ramon “Bong” Revilla Jr. also expressed optimism that the finance department would be able to fund an expanded coverage of beneficiaries of the government’s COVID-19 social amelioration program.“It looks like we need to broaden the initial projection of giving cash assistance to only 18 million families,” Revilla said in Filipino.

Revilla said the Bayanihan law had given the executive department powers to find means to do so.The legislature would always be available to contribute to finding solutions, he added.Under the law, some 18 million low-income households will be given an emergency cash subsidy, ranging from P5,000 to P8,000 per month for two months.

Read more: Inquirer »

CMRamosINQ Eh bkt po sv mangutang, mgnkaw pra mkakuha ng funds?bkt dn po ang ayuda sa poorest of d poor? Pno midclass/freelancer?Kalaunan po f ttagal ang laban s covid19 ms mdagdgn ang poorest of d poor counts.Sna nbasa nyo po ang sulat ni Gov Jonvic Remulla ke PRRD. He said it clear po. CMRamosINQ KUNG GUSTO NG GOBYERNO NA MAPUNTA SA MAAYOS ANG PONDO NG BAYAN AT KUNG TOTOO ANG KAMPANYA LABAN SA KURAPSYON, BAKIT DI GANITO ANG GAWIN NILA?

CMRamosINQ Yes but Duterte administration says it is still lacking. Why is that? CMRamosINQ Philippine funds amidst Covid19PH “We have not touched the 2020 GAA [General Appropriations Act], except the usual first quarter expenditures.” “unused appropriations of several agencies from the 2019 GAA... estimated at P600 billion”

CMRamosINQ masstestingph the sooner and faster the better. CMRamosINQ for 1 month yes, for 3 to 6 months no CMRamosINQ Anova talaga CMRamosINQ My fund naman pala bakit ang pagbibigay ng dswd my exemption 😡 CMRamosINQ Yet, donation drives are left and right CMRamosINQ Eh bakit po mangungutang as per Sec. Ano?

CMRamosINQ CMRamosINQ maniwala kayo sa mga senador natin, alam nila na may pera at kung nasaan ito.🙄😂 CMRamosINQ So we need to interpret again ano sinabi ni pres duterte vs sinabi ng senate and nograles 😪😪😪 CMRamosINQ Sabi ni panggulo walang pera? Para mangutang na naman sa China? CMRamosINQ Meron O Wala?

CMRamosINQ 😱😱😱 who's telling lies then? CMRamosINQ King kinukorakot ng mga tsuhan ng gobyerno magkukulang....just look at what DSWD is doing!!!! CMRamosINQ pakisabi po sa presidente nyo at baka ibenta na yung Dewey Blvd aka Roxas Blvd sa China Baka gusto nang mag-fundraising CMRamosINQ Bale, sino ba talaga paniniwalaan namin?

CMRamosINQ What if nagpaparinig lang na 'manghiram ka.' baka gusto nanaman magpaloan ang china CMRamosINQ pwede paki-update listahan ng mga 4Ps? may mga mayayaman na nailista dati eh. 🙄 you know, noynoy abnoy administration nun and basta kilala si Kap, you know. 🙄 CMRamosINQ Nagsinungaling na nman ang kulang sa simpatiyang presidente sa Pilipinong dapat ay mga boss niya. Di nyo ba napapansin basta para sa ikabubuti ng mga tao lalo na ng mahihirap, walang gaanong gana si Duterte.

CMRamosINQ Has enough money now, but if this pandemic will stretch untill end of year, we still have enough money If have then good. CMRamosINQ Php2,490.942028985507 Yan ang makukuha ng bawat pamilyang Pilipino. Sapat ba?🤔 CMRamosINQ govt just need to take over businesses. that easy. besides this is provided for in the consti

CMRamosINQ Gusto lang talagang benta yung roxas blvd sa mga intsik. Bakit di davao benta mo ungas !!! CMRamosINQ ay may pera naman pala😬 CMRamosINQ Nag da drama lang pala yung gurang!

Drilon: Govt should be ready to sacrifice some projects for COVID-19 responseSenate Minority Leader Franklin Drilon on Tuesday said the government should be ready to sacrifice some projects to fund measures to combat the coronavirus disease (COVID-19). | NAMercadoINQ NAMercadoINQ 5B ang intel fund ng Office of the President. Lots of money to be given to the people. NAMercadoINQ Like the Sangley Airport Project. It’s a loan from China. We can’t afford it. Go with the Bulacan Airport Project. That is a PPP and has no government guarantees. NAMercadoINQ Sacrifice all your salaries Senators you have more than enough. kickbacks, porkbarrels, etc. mahiya naman kau.

Duterte seeks more funds for COVID-19 response as P270B ‘not enough’President Rodrigo Duterte asked Finance Secretary Carlos “Sonny” Dominguez III on Monday evening to look for more sources of funds, saying that the P270-billion budget the government had set aside for COVID-19 response was “not enough.” COVID19PH Commission On Audit (COA) Please MONITOR. If Ever Default! Impose Charge And Submit It Right Away To The Ombudsman... Naubos Na Po Ba Yong BUDGET! Hindi Panga Kami Nadatnan! Ngayon Nag Aambagan Na Sila! Saan Na Yong Pundo? Saan na ang pondo galing sa pogo? 🤔🤔🤔 I pa auction na yung kaldero kay allan now na

Duterte says not enough gov't funds in battle vs COVID-19What happened to 'May pera ako'? Why is your caption ALWAYS MISLEADING? In short kung wala kang makain, maghanap ka ng paraan basta wag ka lalabas ng bahay! Ganern?!

Duterte orders Finance secretary to source more funds for gov’t’s COVID-19 responseAs the government mulls over an extension of the Luzon-wide quarantine until the end of April, President Duterte has ordered Finance Secretary Carlos Dominguez III to find additional funds to boost the government's response to the coronavirus pandemic even if he has to steal or borrow money. Gawa din kayo ng Listahan ng senador and other officials ng government na magdodonate ng sweldo. Abangers ako doon e. 'Hindi ko alam kung hanggan kailan sabihin ko sa inyo sa bahay lang kayo, hindi ko alam kung kailan ako makahatid ng pagkain sa lahat, hindi ko alam kung saan ako magkuha ng pera, hindi ko alam kung ano ipagbili ko kung may bibili So just stay alert' - TATAY (NILA) He creates the problem by refusing to close borders with china last january. Now he’s passing the problem he created to us!

DBM identifies P189-B for COVID-19 fundsThe Department of Budget and Management (DBM) has identified P189.823 billion in unreleased appropriations from the fiscal years 2019 and 2020 budget that may be discontinued and used to fund the government's efforts against coronavirus disease (COVID-19). ang bilis ah Huwow Thank God. May buhay pa ang Pilipinas. Nakahugot pa ng alagwang, allocated appropriated budget. Tuloy ang laban.

Consider tradeoffs, explore all options to generate more funds for COVID-19 responseSenate minority leader Franklin Drilon on Tuesday said the Duterte administration should be prepared to make crucial tradeoffs, including possibly deferring even flagship infrastructure projects, in order to generate more funds for COVID-19 response activities. Swine can you name at least one credible option... BigManDrilon gisingin k nlang pag tapos na krisis😂 Cancel the Senate Building.