Palace confirms DBM withheld P84-B

Malacaňang has confirmed Thursday the congressional realignment amounting to more than P80 billion was withheld by the Department of Budget and Management (DBM).

Presidential Spokesperson Salvador Panelo said DBM Sec. Wendel Avisado told him the fund is in process.

“I talked with the Budget Secretary, and he told me about it. He said the P84 billion will not be released immediately, but depending on the need of the release thereof. In other words, there will be a process,” Panelo said.

Panelo believes the agency has not seen any irregularity in the fund and would not have been added to the national budget if there is a loophole.

The spokesperson also clarified that the Palace has nothing to do with the move by the DBM. – Report from Mela Lesmoras

Popular

DOJ ‘indirectly’ cooperating with ICC to help drug war witnesses — Palace

By Brian Campued The Department of Justice (DOJ) is focused on helping the witnesses who wish to testify against former President Rodrigo Duterte to give...

PBBM inaugurates clinic for veterans in Batangas

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Friday, led the inauguration of the Veterans Access to Lifetime Optimized...

Transport chief tackles updates on timely issues at Palace press briefing

By Dean Aubrey Caratiquet A safe, efficient, accessible, and affordable transportation system is the hallmark of a progressive nation. It serves as a long-term goal...

PBBM: Middle East crisis no effect on economy, price gouging monitored

By Ruth Abbey Gita-Carlos | Philippine News Agency The government is monitoring the price gouging amid conflict in the Middle East, President Ferdinand R. Marcos...