Tuesday, February 06, 2007

Ensuring transparency in the 2007 Budget


The scheduled signing by the President of the 2007 General Appropriations Act has not been set yet, hopefully before the end of February. I bet it's going to be on February 14th, and expectedly in a more solemn ceremony. The Chief Executive has not done this for the past two years since we have been operating on a re-enacted budget.

Sans the approval yet, certain innovations on the 2007 GAA are being publicized - among them the insertion of a special provision that mandates full disclosure of the use of public funds by each and every government agency, allowing the public careful scrutiny of government funds, including the way pork barrel funds are spent. Senator Franklin Drilon, Chair of the Senate Finance committee who is credited for this innovation said that with this provision, "any citizen can now insist on their constitutional right to know".

I will dwell on the salient features of the 2007 GAA once it is enacted into law.

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