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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

𝐏𝐫𝐞𝐬𝐬 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭 𝐨𝐟 𝐃𝐞𝐩𝐮𝐭𝐲 𝐒𝐩𝐞𝐚𝐤𝐞𝐫 𝐚𝐧𝐝 𝐁𝐚𝐭𝐚𝐧𝐠𝐚𝐬 𝐑𝐞𝐩. 𝐑𝐚𝐥𝐩𝐡 𝐆. 𝐑𝐞𝐜𝐭𝐨𝐉𝐮𝐥𝐲 𝟐𝟒, 𝟐𝟎𝟐𝟑 The speech was partly a lecture on the Medium Term Development Plan. For those expecting SONA as theatre, what he delivered instead was a teach-in. He traded oratorical flair for as many facts as he

𝐏𝐫𝐞𝐬𝐬 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭 𝐨𝐟 𝐃𝐞𝐩𝐮𝐭𝐲 𝐒𝐩𝐞𝐚𝐤𝐞𝐫 𝐚𝐧𝐝 𝐁𝐚𝐭𝐚𝐧𝐠𝐚𝐬 𝐑𝐞𝐩. 𝐑𝐚𝐥𝐩𝐡 𝐆. 𝐑𝐞𝐜𝐭𝐨𝐉𝐮𝐥𝐲 𝟐𝟑, 𝟐𝟎𝟐𝟑 SONA is not just a throwback moment for the year gone by, but a battleplan on how we can fast-forward to what we hope to achieve. It is not a mere replay of the past, but a preview of the future,

Press Release 20 July 2023 Pay-per-use public infrastructure, such as roads and airports, should be affordable to end users, and must be considered – and even disclosed – from the outset, Deputy Speaker Ralph Recto said today. “Kung magkano babayaran sa toll, pamasahe o paggamit

Press Release 19 July 2023 Former President Duterte’s warm relations with Beijing can be a direct line that could ease tension in the West Philippine Sea such as a stop to Chinese harassment of Filipinos peacefully fishing in the area, Deputy Speaker Ralph Recto said. In

Press Release 19 July 2023 Now that their pet Maharlika Investment Fund is a law, economic managers should prove their critics wrong, and deliver the earnings they confidently promised during the congressional debates on the measure, Deputy Speaker Ralph Recto said today. “The