Still no budget for 2019

PHILIPPINES - In Brief 15 Apr 2019 by Romeo Bernardo

The suspense continues. After much wrangling in congress that resulted in the Senate transmitting the enrolled bill with “strong reservations” to Malacanang only in late March, the proposed 2019 budget remains unsigned to date. At this point, the choices before President Rodrigo Duterte are to: (a) ratify the submitted budget in its entirety; (b) veto it in toto, forcing government to operate on the 2018 reenacted budget for the rest of the year; (c) veto some line items, a power that Philippine executives enjoy in contrast to say, US presidents; or (d) allow the budget to lapse into law.Gi...

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