Ven If These Are Deemed As Quot Standby Appropriations That Were Not Backed Up By Revenues At The Time Budget Proposal Was Submitted President To Congress He Noted While Unprogrammed Uas Part Of Nep News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Deputy Speaker Isidro Ungab (File photo) MANILA - Deputy Speaker Isidro Ungab on Tuesday said the Department of Budget and Management (DBM) should defend and explain some PHP588 billion in unprogrammed appropriations under the proposed PHP5.268 trillion 2023 national budget. Ungab said the unprogrammed appropriations cover 16 percent of the total proposed expenditures in the programmed portion of the proposed national budget for next year, which is a "sharp turn" from the 2 percent to 5 percent in previous years. He said he still considers the unprogrammed funds as part of President Ferdinand Marcos Jr.'s proposal under the National Expenditure Program (NEP), even if these are deemed as "standby appropriations" that were not backed up by revenues at the time the budget proposal was submitted by the President to Congress. He noted that while unprogrammed appropriations (UAs) are part of the NEP, the same are netted out as part of the cash-based budget. "I be ....

Ferdinand Marcos Jr , Isidro Ungab , National Expenditure Program , Department Of Budget , Speaker Isidro Ungab , President Ferdinand Marcos , General Appropriations Act , Speaker Ralph Recto , Foreign Assisted , Infrastructure Projects , Deputy Speaker Isidro Ungab File Photo Manila On Tuesday Said The Department Of Budget And Management Dbm Should Defend Explain Some Php588 Billion In Unprogrammed Appropriations Under Proposed Php5 268 Trillion 2023 National Cover 16 Percent Total Expenditures Programmed Portion For Next Year , Hich Isa Quot Sharp Turn From The 2 Percent To 5 In Previous Years He Said Still Considers Unprogrammed Funds As Part Of President Ferdinand Marcos Jr 39s Proposal Under National Expenditure Program Nep , Ven If These Are Deemed As Quot Standby Appropriations That Were Not Backed Up By Revenues At The Time Budget Proposal Was Submitted President To Congress He Noted While Unprogrammed Uas Part Of Nep , He Same Are Netted Out As Part Of The Cash Based Budget Quoti Believe Clarifications On These Uas Must Be Made , Onsidering Its Impact On The Fiscal Discipline Or Program Of National Government , Ince The Unprogrammed Appropriations Are Also Considered Revenue Based Expenditure Thus , T Would Be Best If We Were Able To Include These Uas In The Budget , Ith Sufficient Guidelines And Proper Limitations , Uot Ungab Said He The Unprogrammed Funds Are Standby Appropriations And Not Backed Up By Revenues Any Expenditure From This Fund May Only Be Authorized When Supported Excess Revenue Collections In One Of Identified Non Tax Sources Its Corresponding Collection Targets New Or Those Arising Approved Loans For Foreign Assisted Projects , E Said He Saida Big Amount Of Unprogrammed Funds May Hinder Support For Future Supplemental Budgets , Oting That The Excess Or New Revenue Sources May Be Used First To Fund Unprogrammed Appropriations In General Act , Ven If The New Programs Or Projects Are Of Equal More Importance Deputy Speaker Ralph Recto , Aid The Unprogrammed Funds Worth Halfa Trillion Pesos Should Be Itemized Quot It Is More Than Double Current Year 39s Php251 7 Billion Fund , Uot Recto Said He Among The Quot Unclear And Undefined Purposes In 2023 Unprogrammed Appropriations Is Support To Foreign Assisted Projects Witha Proposed Php380 6 Billion , S Well As The Php149 7 Billion For Quot Support Infrastructure Projects And Social Programs While It Is Part Of Nep , He Unprogrammed Fund Is Not Included In The Total Amount Result ,