PBBM, tiniyak na ibabalik ang tinapyas na pondo ng DepEd para sa susunod na taon
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NewsTranscript
00:00President Ferdinand R. Barcos Jr. has announced that he is arranging the return of the Piano Calong Fondo
00:08of the Department of Education next year from more than Php 748 billion.
00:15It is reduced to Php 737 billion that was allocated to the Bicameral Conference Committee.
00:21The President is returning the budget that was left behind by the DepEd that was included in the Computerization Program.
00:29The President also agreed to reduce the fund of the DepEd to the direction of his police.
00:37In addition, the President will defend the removal of the government subsidy to PhilHealth and will clarify the reserve of the fund.
00:47PhilHealth has a Php 500 billion reserve.
00:51And the cost to provide their services in one year is less than Php 100 billion.
01:01So their budget actually for expenditures in Php 260 billion is Php 100 plus billion.
01:09It has not been used for many years.
01:11In other words, PhilHealth has sufficient budget to do all of the things that they want to do.