Vuélvete ilimitado con Magzter GOLD

Vuélvete ilimitado con Magzter GOLD

Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo

$149.99
 
$74.99/Año

Intentar ORO - Gratis

Budgeting people's money the right way

Manila Bulletin

|

October 7, 2025

It’s unfortunate that the widespread perception nowadays is that making insertions in the national budget is illegal — and that legislators who engage in it are crooks.

- FINDING ANSWERS FORMER SENATOR ATTY. JOEY D. LINA

Many believe that such public perception may have prompted Sen. Panfilo Lacson to resign as head of the Senate Blue Ribbon committee after some colleagues bristled when he said that “almost all” senators in the 19th Congress made insertions totaling at least P100 billion.

As a former senator, I can say that making a budget insertion is not unlawful; in fact, it is part of the mandate of a legislator. An insertion is, in itself, an amendment to a proposed law, the General Appropriations Act, and a legislator is duty bound to propose needed amendments.

I agree with what former Senate President Franklin Drilon said on ANC’s “Headstart” yesterday: “The congressman or senator whose intention it was to really steal money, they should be punished. But I will defend the right of every senator or congressman to amend through what is now termed as insertions.”

The former chair of the Senate finance committee also explained how the raging controversy in the 2025 national budget came about. “It is in the execution of these amendments, and the failure of those who are supposed to exact accountability, that has caused all these mess. Ihave never seen corruption of this magnitude in the budget.”

So how should the budget process go about to ensure proper handling of taxpayers’ money? At last Wednesday’s Kapihan sa Manila Prince Hotel, former Finance Secretary and current Bangko Sentral ng Pilipinas Monetary Board member Ben Diokno offered a road-map for efficiency and transparency throughout the entire budget process, from formulation to execution.

MÁS HISTORIAS DE Manila Bulletin

Manila Bulletin

Manila Bulletin

Where play becomes legacy

Tukod Foundation honors the legacy of National Artist Bobby Mañosa with 'Tanaw,' an auction benefiting the youth of Halian Island

time to read

2 mins

November 30, 2025

Manila Bulletin

PNP all set for Trillion Peso March, 'Baha sa Luneta 2.0'

The Philippine National Police (PNP) has not monitored any serious threat for today's Trillion Peso March and Baha sa Luneta 2.0.

time to read

3 mins

November 30, 2025

Manila Bulletin

Glitch forces Airbus recall

78 flights in PH canceled; thousands of passengers affected

time to read

3 mins

November 30, 2025

Manila Bulletin

The best way to predict the future

In recent months, natural disasters such as typhoons, earthquakes, floods, and man-made fires have occurred with unsettling frequency. Many view these events as signs that the end of the world is drawing near.

time to read

2 mins

November 30, 2025

Manila Bulletin

Manila Bulletin

Hans Sy's personal journey in risk, resilience, responsibility

MAP 2025 Management Person of the Year

time to read

6 mins

November 30, 2025

Manila Bulletin

Teachers hold nationwide sit-down strike to demand justice, pay hike

Teachers nationwide vowed to escalate efforts for genuine reform and accountability in the education sector after they halted regular classes on Friday, Nov. 28, to demand justice, decent pay, and systemic reforms in the Philippine education sector.

time to read

2 mins

November 30, 2025

Manila Bulletin

Manila Bulletin

Creative visionaries reimagine Christmas across Megaworld Lifestyle Malls with purpose and artistry

The unveiling of Christmas décor has become one of the season's most anticipated traditions, but across Megaworld Lifestyle Malls, it has evolved into something deeper as artist-led collaborations transform familiar settings into spaces that tell stories and spark conversation.

time to read

3 mins

November 30, 2025

Manila Bulletin

The unknown day and hour

Jesus said to his disciples: “For as it was in the days of Noah, so it will be at the coming of the Son of Man. In those days before the flood, they were eating and drinking, marrying and giving in marriage, up to the day that Noah entered the ark.

time to read

2 mins

November 30, 2025

Manila Bulletin

Manila Bulletin

Sculpting the senses

Ivan Co presents the silent power of his kinetic sculptures with 'Synesthesia' exhibit

time to read

2 mins

November 30, 2025

Manila Bulletin

PBBM distributes aid in Zamboanga City

President Ferdinand R. Marcos Jr. met the military and distributed assistance to indigenous groups during a visit here on Friday, Nov. 28.

time to read

1 min

November 30, 2025

Listen

Translate

Share

-
+

Change font size