About Per SE

Commentary and research on current events and public policy by economists from the University of the Philippines
Posts tagged "budget process"

A new, more powerful Department of Interior and Local Government is born

The Department of Interior and Local Government under the Aquino administration is the combined Constabulary, Ministry of the Interior, and Ministry of Human Settlements during the Marcos years. In its present form, the DILG is a ‘super’ Department.

Congress shouldn’t squander its rare opportunity to reassert its power of the purse

The Supreme Court (SC) decision on the Development Acceleration Program (DAP) is now part of the laws of the land. As duly elected officials, it is the responsibility of President Benigno S. C. Aquino III and his officials to respect and embrace, rather than resist, this path-changing decision.

What the next administration can do to reduce chronic poverty

One should be unhappy with the government’s fiscal performance. During the last five years, from 2010 to 2014, actual government spending has been below planned spending. Yet, Finance Secretary Cesar Purisima is elated that actual budget deficit is much smaller than planned deficit.

Justify the P3-trillion budget

Faced with a P3-trillion budget next year, legislators should ask President Aquino’s men how they intend to finance the budget. But first, they may want to ask Mr. Aquino et al. how they can justify such a mind-boggling budget given their history of underspending.

It isn’t incompetence, it’s the budget and procurement laws.’ Seriously?

Here’s the new tack of the underachieving Aquino III administration: don’t blame my men for the high and increasing underspending in government; blame the bad budget and procurement laws. My men are great; it’s the laws that need fixing.

With serious unemployment and poverty, the government underspends half-trillion pesos

Now, it can be told: President Aquino III has squandered opportunities to address unemployment, poverty, and hunger. The government’s most direct intervention to address these interlinked problems is by spending for public infrastructure, investment in human capital, and social protection.

Underspending: failure masquerading as success

One should be unhappy with the government’s fiscal performance. During the last five years, from 2010 to 2014, actual government spending has been below planned spending. Yet, Finance Secretary Cesar Purisima is elated that actual budget deficit is much smaller than planned deficit.

Is the Malampaya fund the new DAP?

The Department of Energy (DoE) authorities warn of rotating brownouts in Luzon ranging from two to seven hours this summer. The reality is that crisis may or may not happen. So, is the energy crisis for real? Or is it just a smokescreen to cover the raid of the Malampaya fund?

DAP ruling: bad for the authors

In a unanimous decision, the Supreme Court has ruled with finality that the President cannot rewrite the budget as approved by Congress. Its original ruling on the DAP on July 1 last year was upheld with one modification: it narrowed the scope of legal liability to DAP’s “authors” and removed “proponents and implementors.”

The elusive goal of poverty reduction

Why does the Philippine government, specifically the Department of Social Welfare and Development, resort to hiding poverty instead of solving it? Why have our ASEAN-5 neighbors reduced poverty by half many years ago while we continue to struggle in doing so?

Last two minutes, still a lot to do

Benigno Aquino III’s term is winding down. It’s down to the last 18 months. On the economic front, there are a few things he can boast of: the strong growth in 2012 and 2013, the numerous investment upgrades, and his budget reforms.

What happened to funds for low-cost housing?

The victims of killer typhoon Yolanda continue to suffer because of lack of permanent housing. And even before they have recovered, Typhoon Ruby rudely visited them. The very few houses that have been built, most did not withstand Typhoon Ruby. So, what happened to President Aquino III’s promise to “build better?”