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President William Ruto has this morning signed the Supplementary Appropriations II 2024/25 into law. What are seeing here? · Recurrent spending increases by Kes 138.87 billion · Development spending decreases by Kes 25.0 billion · Total national government ministerial expenditure increases by Kes 113.87 billion · Judiciary budget increases...

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Julians Amboko

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42,636 görüntüleme • 1 yıl önce •via X (Twitter)

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moi profil fotoğrafı
moi1 yıl önce

Very easy to do when it's not money from your own pocket.

Vance Ginn profil fotoğrafı
Vance Ginn1 yıl önce

Dive into the critical issues shaping economic policy, from President-elect Trump’s sweeping tariff proposals to the challenges Texas faces under rising government spending. Now is the time for bold reforms to protect taxpayers and ensure economic freedom thrives.

Ian profil fotoğrafı
Ian1 yıl önce

"Total national government ministerial expenditure increases by Kes 113.87 billion" - Where can we find itemized allocation by docket?

Chemingoes profil fotoğrafı
Chemingoes1 yıl önce

The first two bullets tell a lot.

phanuelK profil fotoğrafı
phanuelK1 yıl önce

At whatever level.never believe in Ruto

tweepX profil fotoğrafı
tweepX1 yıl önce

Decreasing development spendings na Kila siku anapeana promises🤔

Dontogent Perfecta profil fotoğrafı
Dontogent Perfecta1 yıl önce

Increases Spending on Day-to-Day Costs: 138.87B to pay for salaries, operations, and maintenance ("recurrent spending"). Cuts Spending on Long-Term Projects: It reduces 25B from building infrastructure and development projects (like roads, schools, or hospitals).

GB🇹🇿🇰🇪🇺🇬🇪🇹🇨🇩 profil fotoğrafı
GB🇹🇿🇰🇪🇺🇬🇪🇹🇨🇩1 yıl önce

@AmbokoJH , isn't there a limit or a sort of regulatory guidelines?

eric profil fotoğrafı
eric1 yıl önce

Repercussions for "electing" idiots and illiterate fools at the helm of leadership.

Carole profil fotoğrafı
Carole1 yıl önce

Mind games.

Benzer Videolar

UPDATE: Supplementary Budget III 2024/25 approved by National Assembly Supplementary Budget III sailed through the National Assembly this morning. Quite some changes from what we saw come from the National Treasury. Here's the summary: · National Treasury had proposed a Kes 37.58 billion increase in recurrent spending via Supp. Budget III, the National Assembly has approved Kes 39.11 billion · National Treasury had proposed a Kes 18.63 billion cut in development spending via Supp. Budget III, National Assembly has approved a much leaner cut at Kes 3.38 billion · Overall, the National Treasury had proposed an overall increase of Kes 25.03 billion increase in the size of the budget (i.e. Supp. III vs Supp. II), National Assembly has bumped this up further to Kes 35.74 billion · So whereas National Treasury's proposal sought to increase the 2024/25 budget to Kes 4.032 trillion compared to Supp. Budget II adjustments, the National Assembly's adjustments have now pushed it to Kes 4.042 trillion
1:20

UPDATE: Supplementary Budget III 2024/25 approved by National Assembly Supplementary Budget III sailed through the National Assembly this morning. Quite some changes from what we saw come from the National Treasury. Here's the summary: · National Treasury had proposed a Kes 37.58 billion increase in recurrent spending via Supp. Budget III, the National Assembly has approved Kes 39.11 billion · National Treasury had proposed a Kes 18.63 billion cut in development spending via Supp. Budget III, National Assembly has approved a much leaner cut at Kes 3.38 billion · Overall, the National Treasury had proposed an overall increase of Kes 25.03 billion increase in the size of the budget (i.e. Supp. III vs Supp. II), National Assembly has bumped this up further to Kes 35.74 billion · So whereas National Treasury's proposal sought to increase the 2024/25 budget to Kes 4.032 trillion compared to Supp. Budget II adjustments, the National Assembly's adjustments have now pushed it to Kes 4.042 trillion

Julians Amboko

43,761 görüntüleme • 1 yıl önce

Supplementary Budget I pushed the 2025/26 fiscal deficit up to Kes 1.3 trillion (6.8% of GDP), bumping up net domestic borrowing to Kes 998.6 billion, 57.3% higher than earlier planned. I asked the Governor of the Central Bank of Kenya to what extent he feels that fiscal dominance now threatens the declining yield environment. Dr. Thugge says: · The pressure on domestic yields shouldn't be much because net domestic borrowing stands at ~ Kes 850.0 billion · Effectively, the Central Bank has already front-loaded a tidy piece of the borrowing & remains with ~ Kes 148.6 billion to meet the Supplementary Budget I target · Part of the reason why Kenya has sought additional financing from the World Bank (i.e. > the US$750.0 Million DPO VII allocation) is to ensure that the pressures from Supplementary Budget I don't weigh too heavily on the domestic market
2:12

Supplementary Budget I pushed the 2025/26 fiscal deficit up to Kes 1.3 trillion (6.8% of GDP), bumping up net domestic borrowing to Kes 998.6 billion, 57.3% higher than earlier planned. I asked the Governor of the Central Bank of Kenya to what extent he feels that fiscal dominance now threatens the declining yield environment. Dr. Thugge says: · The pressure on domestic yields shouldn't be much because net domestic borrowing stands at ~ Kes 850.0 billion · Effectively, the Central Bank has already front-loaded a tidy piece of the borrowing & remains with ~ Kes 148.6 billion to meet the Supplementary Budget I target · Part of the reason why Kenya has sought additional financing from the World Bank (i.e. > the US$750.0 Million DPO VII allocation) is to ensure that the pressures from Supplementary Budget I don't weigh too heavily on the domestic market

Julians Amboko

14,087 görüntüleme • 4 ay önce

UPDATE: Kenya's 2026/27 Fiscal Framework The stalemate on the Equitable Share allocation for 2026/27 has been resolved. Kes 428.0 billion has been arrived at as the mutually agreed upon allocation for the financial year starting July 1st, 2026. This 1.9% increase to the planned Equitable Share allocation, considering no adjustment to the revenue numbers, now pushes the 2026/27 budget to Kes 4.857 trillion & the fiscal deficit to Kes 1.23 trillion, 5.9% of GDP.
1:32

UPDATE: Kenya's 2026/27 Fiscal Framework The stalemate on the Equitable Share allocation for 2026/27 has been resolved. Kes 428.0 billion has been arrived at as the mutually agreed upon allocation for the financial year starting July 1st, 2026. This 1.9% increase to the planned Equitable Share allocation, considering no adjustment to the revenue numbers, now pushes the 2026/27 budget to Kes 4.857 trillion & the fiscal deficit to Kes 1.23 trillion, 5.9% of GDP.

Julians Amboko

28,128 görüntüleme • 2 ay önce

There’s fiscal indiscipline, and then there’s what Kenya’s Finance Ministry (The National Treasury) does - sneaking in a second Supplementary Budget just two weeks before the end of the financial year. The Executive wants to raise spending by KES 18.24 billion ($140.8 million). Where that last-minute money is going? 🏛️ State House Kenya: Requesting an extra KES 1 billion. 👤 The Deputy President: Seeking authorization for KES 200 million more. 🛡️ Internal Security Ministry: Demanding another KES 1.55 billion. 📚 Education Ministry (Ministry of Education, Kenya (MoE)): Requesting an additional KES 1.5 billion—all of it earmarked for “Quality Assurance and Standards.” This mismatch between spending forecasts and execution reality is nothing new. In 2022, the Treasury projected that the fiscal deficit for FY 25/26 would drop below 4%. Instead, it has ballooned to 6.4%, with next year’s forecast looking just as dismal at 5.5%. With a track record this patchy, can Kenya plausibly hold onto the B3 credit rating upgrade it got from Moody's Ratings in January? As David Rogovic told me, while that upgrade reflected "lower near-term default risk," the rating remains constrained by weak points impossible to ignore: a massive fiscal deficit, a persistent inability to rein in spending, and dangerously weak debt affordability.
5:06

There’s fiscal indiscipline, and then there’s what Kenya’s Finance Ministry (The National Treasury) does - sneaking in a second Supplementary Budget just two weeks before the end of the financial year. The Executive wants to raise spending by KES 18.24 billion ($140.8 million). Where that last-minute money is going? 🏛️ State House Kenya: Requesting an extra KES 1 billion. 👤 The Deputy President: Seeking authorization for KES 200 million more. 🛡️ Internal Security Ministry: Demanding another KES 1.55 billion. 📚 Education Ministry (Ministry of Education, Kenya (MoE)): Requesting an additional KES 1.5 billion—all of it earmarked for “Quality Assurance and Standards.” This mismatch between spending forecasts and execution reality is nothing new. In 2022, the Treasury projected that the fiscal deficit for FY 25/26 would drop below 4%. Instead, it has ballooned to 6.4%, with next year’s forecast looking just as dismal at 5.5%. With a track record this patchy, can Kenya plausibly hold onto the B3 credit rating upgrade it got from Moody's Ratings in January? As David Rogovic told me, while that upgrade reflected "lower near-term default risk," the rating remains constrained by weak points impossible to ignore: a massive fiscal deficit, a persistent inability to rein in spending, and dangerously weak debt affordability.

Ramah Nyang

19,660 görüntüleme • 2 ay önce

This week has been heavy from a Public Finance standpoint. Here's where things stand as of now: Finance Bill 2025 · Finance Bill 2025 sailed through the Committee of the Whole House · The next thing we expect to see is the Vellum (cleaned up version following the clause-by-clause amendments) after which it heads for the President's assent · Remember June 30th is the sunset date by which it must be signed because virtually all proposed measures, except just two, are effective July 1st · The Bill tabled by National Treasury targeted Kes 30.0 billion worth of additional revenue in 2025/26, by the time the National Assembly Finance & Planning Committee was tabling its report with proposed amendments, this had been scaled down to Kes 24.0 billion · Total revenue target for 2025/26 is Kes 3.321 trillion 1/4
0:29

This week has been heavy from a Public Finance standpoint. Here's where things stand as of now: Finance Bill 2025 · Finance Bill 2025 sailed through the Committee of the Whole House · The next thing we expect to see is the Vellum (cleaned up version following the clause-by-clause amendments) after which it heads for the President's assent · Remember June 30th is the sunset date by which it must be signed because virtually all proposed measures, except just two, are effective July 1st · The Bill tabled by National Treasury targeted Kes 30.0 billion worth of additional revenue in 2025/26, by the time the National Assembly Finance & Planning Committee was tabling its report with proposed amendments, this had been scaled down to Kes 24.0 billion · Total revenue target for 2025/26 is Kes 3.321 trillion 1/4

Julians Amboko

70,541 görüntüleme • 1 yıl önce

“There is a massive fiscal deficit in our cities budget to the tune of at least 12 billion dollars. We did not arrive at this place by accident, this crisis has a name and a chief architect. In the words of the Jackson 5, It’s as easy as ABC” this is the Adams (Eric Adams) Budget Crisis” Mayor Zohran Kwame Mamdani Zohran Mamdani
1:08

“There is a massive fiscal deficit in our cities budget to the tune of at least 12 billion dollars. We did not arrive at this place by accident, this crisis has a name and a chief architect. In the words of the Jackson 5, It’s as easy as ABC” this is the Adams (Eric Adams) Budget Crisis” Mayor Zohran Kwame Mamdani Zohran Mamdani

John D. Macari Jr. 🇺🇸🗽

12,189 görüntüleme • 7 ay önce

WATCH: Speaker Demuth's full response to today's budget forecast where it was announced that Minnesota is facing a $3 billion deficit. "Last year, Governor Walz blamed increases in social service spending as the main driver of the deficit that was created." "But we now know that much of that increase was the result of fraud."
3:39

WATCH: Speaker Demuth's full response to today's budget forecast where it was announced that Minnesota is facing a $3 billion deficit. "Last year, Governor Walz blamed increases in social service spending as the main driver of the deficit that was created." "But we now know that much of that increase was the result of fraud."

MN House GOP Rapid Response

153,390 görüntüleme • 8 ay önce

Key take outs from the President William Ruto's address this morning regarding the transport sector strike: · He has ruled out the push for repeal of all taxes & levies attached to the price of petroleum products as a relief measure to Kenyans in the wake of runaway prices · He argues that going that route will adversely impact revenue collection, expand the fiscal deficit & undermine service delivery. · He says that the reduction of VAT on petroleum product from 16.0% to 8.0% has translated into Kes 14.4 billion worth of revenue forgone by the Exchequer · He says that a total of Kes 12.45 billion was spent in pump price stabilisation during the April - May pump price cycle · The President says that in the June 15th - July 14th pump price cycle, Energy and Petroleum Regulatory Authority has been directed to slash to price of Diesel by Kes 10.0/litre · Transport sector stakeholders say that the strike now moves from "suspended" to "called off"
2:52

Key take outs from the President William Ruto's address this morning regarding the transport sector strike: · He has ruled out the push for repeal of all taxes & levies attached to the price of petroleum products as a relief measure to Kenyans in the wake of runaway prices · He argues that going that route will adversely impact revenue collection, expand the fiscal deficit & undermine service delivery. · He says that the reduction of VAT on petroleum product from 16.0% to 8.0% has translated into Kes 14.4 billion worth of revenue forgone by the Exchequer · He says that a total of Kes 12.45 billion was spent in pump price stabilisation during the April - May pump price cycle · The President says that in the June 15th - July 14th pump price cycle, Energy and Petroleum Regulatory Authority has been directed to slash to price of Diesel by Kes 10.0/litre · Transport sector stakeholders say that the strike now moves from "suspended" to "called off"

Julians Amboko

124,810 görüntüleme • 3 ay önce

Some colour here about the much talked about National Infrastructure Fund (see quoted tweet) as explained by Dr. David Ndii: · The thinking is that the initial capitation will come from privatisation proceeds, starting with Kenya Pipeline Co · The idea is that proceeds from Kenya Pipeline's privatisation, as seed capital, will then crowd in private capital into the Fund, so we are looking at some sort of blended finance here · Dr. Ndii says that GOK's target is that for every Kes 1.0 raised by the state, they crowd in Kes 4.0 from private sector capital (an ambitious ratio in my view) · So if Kenya Pipeline Privatisation potentially raises Kes 100.0 billion as projected by GOK, the hope is that another Kes 400.0 billion of private capital can be crowded in · So the National Infrastructure Fund will almost play a fund manager role including portfolio origination · For roads infrastructure, tolling is earmarked to play a key role in this
3:00

Some colour here about the much talked about National Infrastructure Fund (see quoted tweet) as explained by Dr. David Ndii: · The thinking is that the initial capitation will come from privatisation proceeds, starting with Kenya Pipeline Co · The idea is that proceeds from Kenya Pipeline's privatisation, as seed capital, will then crowd in private capital into the Fund, so we are looking at some sort of blended finance here · Dr. Ndii says that GOK's target is that for every Kes 1.0 raised by the state, they crowd in Kes 4.0 from private sector capital (an ambitious ratio in my view) · So if Kenya Pipeline Privatisation potentially raises Kes 100.0 billion as projected by GOK, the hope is that another Kes 400.0 billion of private capital can be crowded in · So the National Infrastructure Fund will almost play a fund manager role including portfolio origination · For roads infrastructure, tolling is earmarked to play a key role in this

Julians Amboko

56,708 görüntüleme • 10 ay önce

“New net zero spending measures Table 3.9 sets out $12.3 billion in new net zero spending commitments over the forward estimates period and $18.2 billion over the medium term, across the 2025-26 MYEFO and this Budget. This follows net zero spending commitments of $6.9 billion (over the medium term) reported in the 2025-26 Budget, $24.3 billion (over the medium term) in the 2024-25 Budget, climate-related spending of $4.6 billion (to 2030) committed in the 2023-24 Budget and $24.9 billion (to 2030) committed in the October 2022-23 Budget.” •••••••••••••••••• Don’t be fooled by last nights budget reply where Angus Taylor said he would index the lower tax brackets. It’s too little too late. The lower tax bracket needs to be removed full stop. It’s absurd that people are taxed below the cost of living. is the only party that has committed to do this and identified the savings to fund it. Indexing the lower bracket of $18,200 by 4% will lift it by a measly $728. Applying next years tax rate of 14 cents, that will save you $102. This is no where near enough to adjust for 4% inflation on the poverty line of $45,000 which is $1,800. If he was serious about cutting taxes, Taylor should have cut spending much harder. There’s at least $10 billion every year wasted on net zero and $10 billion on bureaucrats gold plated pension scheme to name just a few. These are just two of the many programs People First will slash to cut income tax by $4,000 per annum. We will also crack down of offshore profit shifting to cut taxes even further.
1:42

“New net zero spending measures Table 3.9 sets out $12.3 billion in new net zero spending commitments over the forward estimates period and $18.2 billion over the medium term, across the 2025-26 MYEFO and this Budget. This follows net zero spending commitments of $6.9 billion (over the medium term) reported in the 2025-26 Budget, $24.3 billion (over the medium term) in the 2024-25 Budget, climate-related spending of $4.6 billion (to 2030) committed in the 2023-24 Budget and $24.9 billion (to 2030) committed in the October 2022-23 Budget.” •••••••••••••••••• Don’t be fooled by last nights budget reply where Angus Taylor said he would index the lower tax brackets. It’s too little too late. The lower tax bracket needs to be removed full stop. It’s absurd that people are taxed below the cost of living. is the only party that has committed to do this and identified the savings to fund it. Indexing the lower bracket of $18,200 by 4% will lift it by a measly $728. Applying next years tax rate of 14 cents, that will save you $102. This is no where near enough to adjust for 4% inflation on the poverty line of $45,000 which is $1,800. If he was serious about cutting taxes, Taylor should have cut spending much harder. There’s at least $10 billion every year wasted on net zero and $10 billion on bureaucrats gold plated pension scheme to name just a few. These are just two of the many programs People First will slash to cut income tax by $4,000 per annum. We will also crack down of offshore profit shifting to cut taxes even further.

Gerard Rennick

12,555 görüntüleme • 3 ay önce

RUNAWAY DEBT & WAR SPENDING 1981: Reagan implemented the largest tax cuts while prioritizing Defense spending. This marked the beginning of an era of massive spending & debt accumulation Currently, US debt increases by: - $1 Trillion every 100 days - $100B in debt every 10 days GOV SPENDING INCREASE Trump’s 2026 budget increases spending by $531 Billion (DOD’s budget increases from $852B to $1 Trillion) Meanwhile, DOGE has only cut spending by $161 Billion over multiple years. The savings in the 2026 budget are listed as only $4 Billion. TAX REVENUE DECREASE Trump’s Budget will extend the expiring 2017 Tax Cuts and Jobs Act (TCJA) which is estimated to decrease federal tax revenue by $4.5 Trillion from 2025 through 2034 (over 10 years). There are other tax cuts listed such as no tax on tips etc Trump’s tariffs are estimated to raise $2.1 Trillion in government revenue over the next decade, if they are actually implemented permanently. Overall, the net effect of tax cuts plus the tariffs is projected to decrease tax revenue by $2.4 Trillion over 10 years. DEBT CEILING Trump and Congress have agreed to increase the debt limit by $5 Trillion. US national debt is currently at $36.8 Trillion & increasing by approximately $1 trillion every 100 days, meaning it's adding $100 billion in debt every 10 days. I don’t see any changes from prior administrations in terms of deficit spending and debt accumulation. Coupled with the tax cuts, it will only get worse. And I haven’t factored in inflation and decrease in purchasing power parity (PPP) etc as a result of the tariffs. Now, there are lots of narratives about weathering the storm to rebuild our economy but you cannot do that while waging wars and feeding the war machine to the tune of $1 Trillion per year. If Trump was serious, he would have slashed the DOD budget (4th largest gov spending account) in half and stopped all the war BS. But he’s not.
1:37

RUNAWAY DEBT & WAR SPENDING 1981: Reagan implemented the largest tax cuts while prioritizing Defense spending. This marked the beginning of an era of massive spending & debt accumulation Currently, US debt increases by: - $1 Trillion every 100 days - $100B in debt every 10 days GOV SPENDING INCREASE Trump’s 2026 budget increases spending by $531 Billion (DOD’s budget increases from $852B to $1 Trillion) Meanwhile, DOGE has only cut spending by $161 Billion over multiple years. The savings in the 2026 budget are listed as only $4 Billion. TAX REVENUE DECREASE Trump’s Budget will extend the expiring 2017 Tax Cuts and Jobs Act (TCJA) which is estimated to decrease federal tax revenue by $4.5 Trillion from 2025 through 2034 (over 10 years). There are other tax cuts listed such as no tax on tips etc Trump’s tariffs are estimated to raise $2.1 Trillion in government revenue over the next decade, if they are actually implemented permanently. Overall, the net effect of tax cuts plus the tariffs is projected to decrease tax revenue by $2.4 Trillion over 10 years. DEBT CEILING Trump and Congress have agreed to increase the debt limit by $5 Trillion. US national debt is currently at $36.8 Trillion & increasing by approximately $1 trillion every 100 days, meaning it's adding $100 billion in debt every 10 days. I don’t see any changes from prior administrations in terms of deficit spending and debt accumulation. Coupled with the tax cuts, it will only get worse. And I haven’t factored in inflation and decrease in purchasing power parity (PPP) etc as a result of the tariffs. Now, there are lots of narratives about weathering the storm to rebuild our economy but you cannot do that while waging wars and feeding the war machine to the tune of $1 Trillion per year. If Trump was serious, he would have slashed the DOD budget (4th largest gov spending account) in half and stopped all the war BS. But he’s not.

GenXGirl

74,492 görüntüleme • 1 yıl önce

National Treasury CS on Supplementary Budget I 202526: 1. We are likely to see it in Feb when the National Assembly resumes business 2. Security, Education, Primary Health & the Social Health Insurance Programme (SHA) have presented spending pressures 3. If revenue doesn't perform, GOK will have to revise downward the size of the budget On point No.3, Q1 2025/26 closed with revenue mobilised at Kes 49.9 billion behind target (see quoted tweet). The urgency for cutting down the size of budget 2025/26 was already crystal clear by close of Q1, not sure what other signal Treasury is still waiting for
3:05

National Treasury CS on Supplementary Budget I 202526: 1. We are likely to see it in Feb when the National Assembly resumes business 2. Security, Education, Primary Health & the Social Health Insurance Programme (SHA) have presented spending pressures 3. If revenue doesn't perform, GOK will have to revise downward the size of the budget On point No.3, Q1 2025/26 closed with revenue mobilised at Kes 49.9 billion behind target (see quoted tweet). The urgency for cutting down the size of budget 2025/26 was already crystal clear by close of Q1, not sure what other signal Treasury is still waiting for

Julians Amboko

28,880 görüntüleme • 8 ay önce

Sara Duterte to blame for the lower 10 billion computerization budget I cannot and will not argue with you regarding what our constitution says; that education should get the highest budget. You are correct. I do not know what’s the next step on this but for me? The budget cut at the very least for computerization was justified and here’s why: I followed the Committee on Appropriations hearings for the budget of the Department of Education in both houses of the legislative. I have been writing a lot of this. The decision of Congress was based on facts —- things they already raised with the agency numerous times, even before the budget season. Just for a quick appreciation of facts: in 2022 11.3B was allocated for the DepEd Computerization Program, in 2023 11B. A total of more than 20 billion pesos! According to the COA’s DepEd 2023 report, only Php 2.075 billion of its 11.3 billion budget was utilized. So forgive me for agreeing with this budget cut, unless the new DepEd Secretary can prove that he can fix the internal issues of the agency — I would rather give way to other programs in our tight fiscal space. “How can Secretary Angara defend DepEd’s lack of action when the Philippines is already at rock bottom in global education rankings? A teacher-to-computer ratio of 30:1 is unacceptable in 2024. We need to see drastically improved utilization rates before any discussion of budget increases or restoration” -Rep. Rodge Gutierrez I also want to emphasize the alleged rigged bidding of these computers costing us Php 1.6 Billion pesos as Rep. Jil Bongalon pointed out. You may find my post from months ago interesting: So yes! Sara Duterte’s incompetence as DepEd Secretary was the basis of this budget cut. I am also interested to see how the Office of the President will reconcile the fact that the education sector should get the highest budget allocation. Please note that the President can veto line items of the General Appropriations Bill, not necessarily the whole GAB.
3:58

Sara Duterte to blame for the lower 10 billion computerization budget I cannot and will not argue with you regarding what our constitution says; that education should get the highest budget. You are correct. I do not know what’s the next step on this but for me? The budget cut at the very least for computerization was justified and here’s why: I followed the Committee on Appropriations hearings for the budget of the Department of Education in both houses of the legislative. I have been writing a lot of this. The decision of Congress was based on facts —- things they already raised with the agency numerous times, even before the budget season. Just for a quick appreciation of facts: in 2022 11.3B was allocated for the DepEd Computerization Program, in 2023 11B. A total of more than 20 billion pesos! According to the COA’s DepEd 2023 report, only Php 2.075 billion of its 11.3 billion budget was utilized. So forgive me for agreeing with this budget cut, unless the new DepEd Secretary can prove that he can fix the internal issues of the agency — I would rather give way to other programs in our tight fiscal space. “How can Secretary Angara defend DepEd’s lack of action when the Philippines is already at rock bottom in global education rankings? A teacher-to-computer ratio of 30:1 is unacceptable in 2024. We need to see drastically improved utilization rates before any discussion of budget increases or restoration” -Rep. Rodge Gutierrez I also want to emphasize the alleged rigged bidding of these computers costing us Php 1.6 Billion pesos as Rep. Jil Bongalon pointed out. You may find my post from months ago interesting: So yes! Sara Duterte’s incompetence as DepEd Secretary was the basis of this budget cut. I am also interested to see how the Office of the President will reconcile the fact that the education sector should get the highest budget allocation. Please note that the President can veto line items of the General Appropriations Bill, not necessarily the whole GAB.

Just

40,092 görüntüleme • 1 yıl önce

The allegation that we are prepared to oversee the collapse of this City by paying workers their over due salary increases is unfounded. This administration ensured the passing of the first funded budget in 4-years. This administration has saved this city from a R700 million interest burden with Eskom. We’ve reduced our debt to Eskom by over R1.2 billion. Why would we collapse what we’ve worked so hard to fix. City of Tshwane
3:34

The allegation that we are prepared to oversee the collapse of this City by paying workers their over due salary increases is unfounded. This administration ensured the passing of the first funded budget in 4-years. This administration has saved this city from a R700 million interest burden with Eskom. We’ve reduced our debt to Eskom by over R1.2 billion. Why would we collapse what we’ve worked so hard to fix. City of Tshwane

Dr Nasiphi Moya

46,087 görüntüleme • 9 ay önce