Medialdea: Reenacted budget for entire 2019 ‘disastrous’ to economy - News Summed Up

Medialdea: Reenacted budget for entire 2019 ‘disastrous’ to economy


“A reenacted budget will be disastrous to our economy!” Executive Secretary Salvador Medialdea told INQUIRER.net in a text message. ADVERTISEMENT“I am sure Senator Sotto would not want a reenacted budget as it will have a bad effect on our economy. “I hope that it (reenacted budget) will erase all doubts and allegations of pork and other so-called insertions in the budget,” Sotto said. The government has been operating on a reenacted budget since the start of the year after Congress failed to pass its proposed P3.757 trillion national budget for 2019. Sought for comment on Sotto’s proposal, Budget Secretary Benjamin Diokno refused to issue a reaction, saying he would go with the Palace statement.


Source: Philippine Daily Inquirer January 30, 2019 12:43 UTC



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