The bicameral conference committee (bicam) is the most powerful and the weakest phase in our budgeting process. It is in the bicam where vested interests not only lurk but also come to fruition. Without benefit of deliberations, its members reduce the funding of agencies, transfer funds from one program to another, defund programs, and increase...
Author: Milwida Guevara
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Music and lyrics from the 2024 budget
An interesting way to understand the 2024 budget is to look at it as a menagerie of songs. For the President, it is the song “I Did It My Way.” The 2024 budget stands at ₱5.768 trillion, which is equivalent to what he proposed to Congress in June. This amount is ₱1.5 trillion higher than the revenues...