{"id":20775,"date":"2019-09-04T14:25:03","date_gmt":"2019-09-04T14:25:03","guid":{"rendered":"https:\/\/www.englishforums.com\/news\/?p=20775"},"modified":"2019-09-04T14:25:03","modified_gmt":"2019-09-04T14:25:03","slug":"congress-asked-for-timely-budget-pass","status":"publish","type":"post","link":"https:\/\/www.englishforward.com\/news\/congress-asked-for-timely-budget-pass\/","title":{"rendered":"PHL Congress asked for timely budget pass"},"content":{"rendered":"

Carlos Dominguez, the Philippine Finance Secretary, had asked the Philippine Congress to ensure that the 2020 Budget Bill is passed on time.\u00a0<\/b>
\nHis request was prompted by the lack of a consensus after the House of Representatives leaders debated about budgetary issues.\u00a0<\/b>
\nDominguez asserted that the timely passage was fundamental in the progress of the nation, particularly in meeting the needs of the disadvantaged. He also noted that the country\u2019s progress could be compromised if the re-enacted budget continued being operational.<\/span><\/p>\n

The derailment of the budget\u00a0<\/b><\/h2>\n

Dominguez concerns were raised after Isidro Ungab, the leader of the House panel on government spending, made warnings of the possibility of the derailment of the budget passage so that crucial projects could be included.\u00a0<\/b>
\nOn the other hand, Joey Salceda, Albay Representative, stipulated that this could not happen as the <\/span>entire house<\/span><\/a> could have the budget referred back to the plenary. Notably, she leads the tax-writing committee in the House of Representatives.<\/span>
\nSalceda affirmed that rival parties had declared to support the passage of the budget for prosperity purposes.\u00a0<\/span>
\nThe derailment of the budget passage has been costly to the nation as analysts have proclaimed that this scenario instigated the sluggish economic growth in the first six (6) months of 2019.\u00a0<\/span>
\nOn the other hand, <\/span>Philippine SMEs are eyeing digital technology<\/span><\/a> for optimal productivity, whereas Singapore\u2019s Vanda Hedge Fund has leaped by two hundred and seventy-eight percent (278%).<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Carlos Dominguez, the Philippine Finance Secretary, had asked the Philippine Congress to ensure that the 2020 Budget Bill is passed on time.\u00a0 His request was prompted by the lack of a consensus after the House of Representatives leaders debated about budgetary issues.\u00a0 Dominguez asserted that the timely passage was fundamental in the progress of the […]<\/p>\n","protected":false},"author":17,"featured_media":20776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[28,2],"tags":[],"_links":{"self":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/posts\/20775"}],"collection":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/comments?post=20775"}],"version-history":[{"count":0,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/posts\/20775\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/media\/20776"}],"wp:attachment":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/media?parent=20775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/categories?post=20775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/tags?post=20775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}