Press Releases

Press Release  23 August 2023 A barangay may be the basic government unit but together they occupy a big budgetary footprint, bigger than what is spent for public hospitals and colleges, House Deputy Speaker Ralph Recto said. For 2024, the Internal Revenue Allotment (IRA) of

Press Release  20 August 2023 The good news is that the Marcos administration is seeking an almost half-a-billion peso increase – or to P2.02 billion – for cancer control and cancer patient assistance funds in the proposed P5.76 trillion national budget for 2024, House

Press Statement of Deputy Speaker and Batangas Rep. Ralph G. Recto August 17, 2023 Teddy Locsin is the kind of diplomat “who can tell you to go to hell in such an elegant way that you’ll look forward with pleasure to making the trip.” But he will not be there to rabble-rouse, but

Press Statement of Deputy Speaker and Batangas Rep. Ralph G. Recto August 10, 2023 Every policy has a reverse gear. By pausing Manila Bay reclamation activities, the President, as of the moment, merely placed it on neutral. This will give him time to sift through the mountain of

Press Release  6 August 2023 The proposed 2024 national budget of P5.767 trillion translates to average daily spending of P15.8 billion, but only P11.7 billion of which is supportable by revenues, leaving a P4 billion hole which must be plugged by debt. “To fully grasp the

Press Release  5 August 2023 The budget for the DepEd’s “School-Based Feeding Program” will double from the current year’s P5.68 billion to P11.71 billion under next year’s P5.76 trillion national budget. And if the proposed P4.1 billion for the DSWD’s “Supplementary Feeding

Press Statement of Deputy Speaker and Batangas Rep. Ralph G. Recto August 3, 2023 Mag hunos-dili sana ang LTO. Ito’y kung totoo ang balita na nagbabalak itong pagmultahin ang mga may-ari ng mga sasakyang hindi pa kinukuha ang plaka mula sa ahensya. Kay tagal hinintay ng mga

Press Statement of Deputy Speaker and Batangas Rep. Ralph G. RectoAugust 2, 2023 These are the four elephants in the room that the congressional scrutiny of the 2024 national budget will have to confront. Disasters, of the natural kind, have now graduated as a macroeconomic

Press Release  1 August 2023 India’s rice export ban, Vietnam’s move to halve its exports, typhoons like Egay, and the scuttling of the Ukraine grain deal are “the quadruple whammy” that will hurt the Philippines – the world’s 2nd and 6th biggest rice and wheat importer. “Ito ang