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

Palace slams Imee’s ‘baseless’ claims; PBBM unfazed by destabilizers, obstructionists

By Dean Aubrey Caratiquet “Hindi mabigat ang alegasyon ni Senator Imee—walang basehan. Kuwentong walang kuwenta, kuwentong kutsero.” President Ferdinand R. Marcos Jr. remains unbothered by political...

PH economy remains resilient amid various domestic issues

By Dean Aubrey Caratiquet Malacañang announced on Tuesday that the country’s economy remains strong in the face of various issues that plague the administration of...

PBBM appoints new DOJ chief

By Dean Aubrey Caratiquet A month after appointing former Department of Justice (DOJ) Secretary Jesus Crispin Remulla as the new Ombudsman, President Ferdinand R. Marcos...

PBBM visits Tino-hit Negros Occidental

By Brian Campued As part of the administration’s commitment to supporting the recovery of communities devastated by recent calamities, President Ferdinand R. Marcos Jr. visited...