MANILA, Philippines — Failure of Congress to have next year’s budget approved before the end of the year will seriously set back economic growth, budget chief Benjamin Diokno said yesterday. If no budget is passed at all, disbursements would be cut by as much as P220 billion, the budget chief said at a press briefing in Malacañang. He said the budget chief had allotted huge sums for infrastructure projects in the budget of the public works department. Diokno said Suarez was the author of the road user’s tax and chairman of the Road Board during the presidency of Arroyo. Diokno said the House rescinded its approval of the bill abolishing the Road Board after Arroyo assumed the speakership.

Source: Philippine Star December 19, 2018 15:56 UTC