Connect with us

News

House minority wants to fast-track gov’t spending

Published

on

“The minority calls on the different agencies, especially the Department of Budget and Management, to accelerate the expenditure and implementation of government projects,” Suarez said. (File photo:
Congressman Danilo E. Suarez/Facebook)

 

MANILA — The minority bloc at the House of Representatives on Wednesday called on government agencies to speed up the expenditure and implementation of disbursement programs to combat the rising unemployment.

In a press conference, Minority Leader Danilo Suarez said government expenditure generates more jobs and encourages business opportunities that fuel the country’s economic growth.

Suarez stressed that the slow disbursement of government funds must be addressed, wherein the year-to-date spending was at PHP2.19 trillion out of the PHP3.767 trillion 2018 national budget in August. This, he said, merely amounts to almost 60 percent of the budget with only four months left to the year.

“The minority calls on the different agencies, especially the Department of Budget and Management, to accelerate the expenditure and implementation of government projects,” Suarez said.

“We urge the heads of the agencies to strictly monitor the accomplishments of their programs, particularly the big-ticket infrastructure projects, and hasten its completion, especially that we shall be adopting a cash-based budgeting scheme this 2019. This should generate more jobs and increase household income,” he added.

Suarez cited the recent Social Weather Stations survey showing that unemployment among Filipinos increased to 22 percent or 9.8 million individuals in the third quarter of the year. This is almost a 3-point jump from the 19.7 percent in June, or an increase of more than 1 million Filipinos unemployed.

Suarez also proposed to nationalize the Small Town Lottery (STL) to create employment for those who have difficulties finding employment due to factors such as age, lack of education, or physical disabilities.

He said the STL program of the Philippine Charity Sweepstakes Office has produced around 270,000 cobradores, 21,200 cabos, and 11,700 organic STL employees this year.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle1 week ago

The Real Rich

Margaret Atwood aptly captured this dynamic with the phrase, “Old money whispers, new money shouts.”  Let me elaborate on this...

Headline3 weeks ago

Love in the Afternoon of Life

Love in later life—the 50s, 60s, 70s, and beyond—is a thriving, fulfilling reality. It offers companionship, improved well-being, and joy,...

Headline1 month ago

Your Most Important Relationship is With Yourself

Valentine’s Day shouldn’t be celebrated only for one day. Love should be celebrated everyday. Valentine’s Day, when expanded beyond romance,...

Headline2 months ago

The 2016 Trend Made Me Reflect On My Past & Present

Like many others, I couldn’t resist joining the 2016 throwback trend.  It was all over social media, with everyone sharing...

Headline2 months ago

How To Be Healthier Realistically

It’s a brand-new year and a brand new you! If you’re like me who had been indulging quite a bit...

Headline3 months ago

Celebrating The Spirit Of Christmas

For many people, Christmas is the loneliest time of the year — it could be due to the fact that...

Headline4 months ago

Fun Facts About Christmas

It’s definitely beginning to look and smell a lot like Christmas! The beautiful thing about Christmas is that it’s mandatory...

Lifestyle4 months ago

How To Keep The Music Playing

You and your partner or spouse have been in a long-term relationship. Somehow, over the years, the fizz has fizzled...

Headline4 months ago

Declutter Your Life

There will be days when we feel like too much is going on around us — too much unnecessary noise...

Health5 months ago

A Healthy Mind Matters

Like the rest of the world, I was deeply saddened and shocked when I read that TikTok influencer, Emman Atienza...