Wednesday, January 23, 2019

Danilo Suarez expresses concern over DBM’s proposed cash-based budgeting scheme

Aug 11, 2018 @ 13:26

Quezon 3rd District Representative Danilo Suarez expressed concern over the Budget Department’s proposed cash-based budgeting scheme for 2019.

The Quezon politiko said he is puzzled why the Budget Department is proposing to reduce the funding of several agencies despite the government earning more because of the TRAIN Law.

“Because of the TRAIN Law, we are even earning more, and the consumers are unfortunately suffering its consequences. But now that it is here, we have more money to spend,” Suarez said.

“Therefore, it seems odd that we raised taxes and projected higher income, but we are cutting the budget for our people,” he added.

Suarez also vowed to scrunitize the proposed 2019 budget.

“The House Minority will not take this matter lightly. We will be proactive in scrutinizing the proposed budget during the committee and plenary deliberations. We will demand transparency and integrity in the fiscal activities of the government and ensure that government agencies will effectively utilize the budget and implement projects and programs,” he said.

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