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Home  >>   Daily News  >>Philippines>>Economy>>Senate finance panel OKs DOE’s P2.6-B budget for 2018
NEWS UPDATES Asean Affairs    August  24,  2017  











Senate finance panel OKs DOE’s P2.6-B budget for 2018

Philippines: The Senate Committee on Finance on Wednesday approved the proposed P2.659-billion budget of the Department of Energy (DOE) for 2018.

Senator Loren Legarda, the committee chairperson, announced the approval after Senator Miguel Zubiri moved to approve the proposed appropriations of the DOE on the condition that "they will spend all the money."

"On the DOE budget, I will no longer ask all of these questions because Secretary [Alfonso] Cusi is one of the most amiable Cabinet members," Legarda said.

Cusi, for his part, assured the Senate committee that the DOE will spend the allocated budget.

The DOE proposed P2.659-billion budget for 2018 is composed of P1.845 billion for maintenance and operations, P291.296 million for capital outlay, P42.278 million for retirement and life insurance premium of employees, and P480.502 million for personnel services.

The Energy department's proposed appropriations next year is also 0.05 percent or P1.335 million higher its P2.657-billion for 2017.


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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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