Senate gives final OK to bill extending Bayanihan 2 budget By DONA MAGSINO, GMA News
Published December 15, 2020 6:14pm Voting 18-0, the Senate on Tuesday approved on third and final reading a bill that would extend the appropriations under the Bayanihan to Recover as One Act or Bayanihan 2 until June 30 next year. More than a fifth of the P165-billion Bayanihan 2 or P38 billion remains unobligated, Senator Sonny Angara said as he sponsored the Committee Report No. 159, taking into consideration House Bill No. 8063. If these agencies are unable to have these funds released and obligated by the end of the year, these are returned to the national treasury, he told his colleagues in plenary.
Published December 12, 2020, 11:58 AM
The House Committee on Government Enterprises and Privatization has approved two measures seeking to expand the role of the Philippine International Trading Corp. to serve as the government’s stockpile supply chain manager of strategic and critical materials needed in times of national emergency or natural disasters.
In a virtual meeting, the House panel approved the motion of Bataan Rep. Jose Enrique “Joet” Garcia III to approve House Bills 6667 and 6644, principally authored by Aklan Rep. Teodorico Haresco Jr. and Isabela Rep. Alyssa Sheena Tan, respectively.
The measures seek to amend Presidential Decree 252, otherwise known as the PITC Law, as amended by PD 1071, or the law revising the charter of the PITC.