The election watchdog Parish Pastoral Council for Responsible Voting (PPCRV) backed a pending proposal to increase the limit of campaign expenditures. PPCRV chair Rene Sarmiento said the adjustment was “long overdue” because the spending limit set more than two decades ago can no longer cover the current cost of mounting a campaign. 7295, which adjusts the authorized campaign expenses to a “more realistic level.”Under the bill, presidential candidates would be allowed to spend P2.7 billion, while vice presidential candidates can spend around P2.2 billion. The bill also grants a 1,000-percent increase in the spending limit of candidates hoping to become senators, congressmen, governors, vice governors, board members, mayors, vice mayors or councilors. The spending limit for political parties was also raised from P5 to P30.

Source: Philippine Daily Inquirer June 02, 2018 23:15 UTC