Showing posts with label fund. Show all posts
Showing posts with label fund. Show all posts

Wednesday, September 1, 2010

Bloated by patronage funds, proposed 2011 budget prone to corruption

Bloated by patronage funds, proposed 2011 budget prone to corruption

There is a marked increase in the 2011 national government (NG) budget submitted to Congress, making the proposed budget alarmingly patronage-rich, says research group IBON.

The Priority Development Assistance Fund (PDAF) in the proposed 2011 budget has increased by Php13.9 billion or 128.5% from Php10.9 billion in 2010 to Php24.8 billion.

Tuesday, August 24, 2010

UMID eCard enrollment hits 1 million

Enrollment for the UMID eCard has reached its one million mark; four months after the Government Service Insurance System announced its compliance with the Unified Multi-purpose ID System or UMID.

The GSIS has around 1.5 million members and pensioners, all of whom are eCard holders. All cardholders are enjoined to enroll for the UMID eCard in order to enjoy the full benefits of the card.

Itigil ang Pagnanakaw ng GSIS sa kanyang mga Miyembro - Privilege Speech ni Rep. Antonio Tinio, ACT TEACHERS Partylist_8/16/2010

Nitong nakaraang mga buwan, sa panahon ng kampanya para sa pambansang eleksyon ng Mayo, nagkaroon ako ng pagkakataong umikot sa iba’t ibang probinsya ng ating kapuluan upang makapanayam ang mga public school teachers at mapag-usapan ang kanilang kalagayan at mga hinaing. Saan man ako magpunta, iisa ang kanilang pambungad. Dapat daw tugunan ang kanilang mga problema sa GSIS (Government Service Insurance System).

Friday, August 13, 2010

Aquino gov’t shouldn’t wash hands off VAT on toll fees

The umbrella group Bagong Alyansang Makabayan today criticized the Aquino administration for “washing its hands” in the issue of the Value Added Tax on toll fees set to take effect on Monday. The group said that Malacanang’s reasoning that the VAT is an old law from the previous administration is unacceptable.

Monday, August 9, 2010

Drilon files resolution calling for Senate probe on excessive salaries of gov't officials

Reacting to reports of excessive and unwarranted salaries and other perks received by certain top government officials, Senator Franklin Drilonl last Thursday filed a resolution directing the committees on Finance, together with the Committee on Government Corporations and Public Enterprises, to conduct an investigation into the matter.

"Reports of excessive and unwarranted monetary remuneration and perks accruing to the benefit of board directors and top officials of government owned and controlled corporations (GOCCs) and government financial institutions (GFIs), in the guise of allowances, per diem, honoraria, and bonuses, is like rubbing salt to an already open wound," Drilon laments.

Tuesday, August 3, 2010

New Economics for a New Administration

PRIVILEGE SPEECH OF REP. BELLO

Mr. Speaker, the title of my speech is New Economics for a New Administration.

Corruption was the signature of the administration of Gloria Macapagal-Arroyo. This is why this Representation shares the public disgust with a record of orgiastic compensation, brazen manipulation of government agencies and funds for political purposes and massive waste of the people’s money, detailed by President Benigno Aquino III during his State of the Nation Address on Monday, July 26, 2010. The public is still reeling from the presidential revelations about the rotting of millions of sacks of imported rice in the warehouses of the National Food Authority, the way that the National Power Corporation (NPC) was commanded to sell electricity at a low price for electoral gain and the amazing privileges which the board and top executives of the MWSS gave themselves. However, I fully agree with my friend from Cavite, Hon. Elpidio Barzaga, when he said that President Aquino should not stop at that issue of MWSS because there are other government-owned and -controlled corporations and government financial institutions that have arrogated more exorbitant rewards for
their directors.

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