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Partido Reporma standard-bearer Senator Panfilo "Ping" Lacson (File photo courtesy of Lacson-Sotto media bureau) MANILA - Partido Reporma standard-bearer Senator Panfilo "Ping" Lacson on Friday thanked the National Economic and Development Authority (NEDA) for crafting a fiscal consolidation plan which will be presented to the next president. The fiscal consolidation plan seeks to repay the country's rising debt and narrow the budget deficit caused by the coronavirus disease 2019 (Covid-19) pandemic. "Thank you NEDA. This is what I've always been saying during budget deliberations. With a yearly average of PHP328 (billion) unused appropriations for the past 10 years (2010-2020) and PHP700 (billion) in misused/abused budget each year, there couldn't be a better advice," Lacson said in a Twitter post. Lacson was referring to the lack of proper planning that led to an average of PHP328 billion in appropriations in the budget going unused every yea

Partido repormaCyril ramosRosemarie edillonNational economicDevelopment authoritySenator panfiloDeputy ombudsman cyrilPlanning undersecretary rosemarie edillonSenate president vicente sottoPartido reporma standard bearer senator panfilo quot ping lacson file photo courtesy of sotto media bureau manila on friday thanked the national economic and development authority neda for craftinga fiscal consolidation plan which will be presented to next president seeks repay country 39s rising debt narrow budget deficit caused by coronavirus disease 2019 covid 19 pandemic thank you this is whati 39 ve always been saying during deliberations witha yearly average php328 billion unused appropriations past 10 years 2010 2020 php700 in misused abused each yearHere couldn 39t bea better adviceUot lacson said ina twitter post was referring to the lack of proper planning that led an average php328 billion in appropriations budget going unused every year from 2010 2020 and corruption loss some php700 billionaUotinga statement from former deputy ombudsman cyril ramos socioeconomic planning undersecretary rosemarie edillon was quoted in reports as saying the plan will include proposed cuts on non priority budget items lacson is known for his tight scrutiny of various government agencies during deliberations senate national police chief and running mateEnate president vicente sotto iiiRe running undera platform of fixing the government 39s woes where they plan to initiate much needed reforms preparation and implementation national budget these includeMong others