Palace optimistic 2019 budget will be passed on time after hiccup with HouseMANILA, Philippines — Malacañang on Thursday expressed optimism that the P3.757-trillion budget for 2019 would be passed on time after the Budget department and lawmakers agreed to implement a transitory-cash-based system. Differences between the executive and the House of Representatives with regard to the budget system have threatened to delay the passage of next year's expenditure program. Roque said the DBM would be disclosing the full details of this transitory cash-based system in due time. Under the constitution, the national budget during the previous year will be reenacted if Congress fails to approve a new expenditure program. The provision will ensure that the government can continue its operations even if there is no new national budget.

Source: Philippine Star August 30, 2018 09:11 UTC