Day

// August 29, 2016
AUG
29
2016

Senior pension budget to double to P18 B, to cover 1.6 M more beneficiaries

The budget for the government’s pension for indigent senior citizens will more than double next year to P18 billion, which would allow the enrolment of an additional 1.613 million 60 year olds and above to a program that grants each a cash aid of P6,000 a year. Senate Minority
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AUG
29
2016

Minority demands itemization of ‘tens of billions’ in budget lump sums

Senate Minority Leader Ralph Recto has served notice to heads of agencies who will appear before the Senate hearings on the proposed P3.35 trillion 2017 national budget “to be ready to itemize lump-sums in their budgets.” Breaking down “block allocations,” Recto said, will result
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