{"id":28089,"date":"2014-10-06T10:56:32","date_gmt":"2014-10-06T02:56:32","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=28089"},"modified":"2014-10-07T10:57:36","modified_gmt":"2014-10-07T02:57:36","slug":"malampaya-fund-to-be-covered-by-aquinos-emergency-powers","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/10\/06\/malampaya-fund-to-be-covered-by-aquinos-emergency-powers\/","title":{"rendered":"Malampaya fund to be covered by Aquino\u2019s emergency powers"},"content":{"rendered":"<figure id=\"attachment_27212\" aria-describedby=\"caption-attachment-27212\" style=\"width: 300px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/09\/Noy-Aquino-NYC.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-27212\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/09\/Noy-Aquino-NYC-300x207.jpg\" alt=\"President Benigno Simeon Aquino III delivers his speech during United Nation Climate Change Summit held at the UN Headquarters here on Tuesday (September 23). (Photo by Ryan Lim \/ Malacanang Photo Bureau)\" width=\"300\" height=\"207\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/09\/Noy-Aquino-NYC-300x207.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/09\/Noy-Aquino-NYC-600x415.jpg 600w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/09\/Noy-Aquino-NYC.jpg 835w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-27212\" class=\"wp-caption-text\">President Benigno Simeon Aquino III delivers his speech during United Nation Climate Change Summit held at the UN Headquarters here on Tuesday (September 23). (Photo by Ryan Lim \/ Malacanang Photo Bureau)<\/figcaption><\/figure>\n<p>MANILA \u2013 President Aquino\u2019s emergency powers to prevent the impending energy crisis in 2015 will also give him the authority to tap billions of pesos the Malampaya Fund.<\/p>\n<p>According to Senate President Franklin Drilon, the emergency powers will allow Aquino to use about P4 billion to P10 billion from the Malampaya Fund.<\/p>\n<p>He added that the funds will go the purchase or lease of generator sets from available suppliers, a step deemed to address the forecasted power crisis next year.<\/p>\n<p>\u201cMy estimate, if I am not mistaken, and I am just relying on my memory \u2013 anywhere from P4 billion to P10 billion depending on megawatts or whether this will cover rental or purchases,\u201d Drilon told radio dzBB.<\/p>\n<p>\u201cThere are various amounts involved depending on the situation, and (the funds) will come from the Malampaya funds,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA \u2013 President Aquino\u2019s emergency powers to prevent the impending energy crisis in 2015 will also give him the authority &hellip;<\/p>\n","protected":false},"author":44,"featured_media":27212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95],"tags":[3986],"class_list":["post-28089","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news-ph","tag-funds","mauthors-lei-fontamillas","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/28089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=28089"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/28089\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/27212"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=28089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=28089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=28089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}