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A budget for recovery? | BusinessWorld


By Dr. Jaime Jimenez
In a pandemic, the prevention of a wider spread of a virus and economic recovery are the essentials of the day. Among other things, budgeting during a pandemic needs to focus on three things: response measures, social protection, and economic stimulus.
The theme of the 2021 General Appropriations Act (GAA), signed and approved on Dec. 28, 2020, is “Reset, Rebound and Recover: Investing for Resiliency and Sustainability.”
With this theme, building health and economic resilience, specifically the “Build, Build, Build” program, agriculture, the food value chain, and other new normal priorities will be given due importance by reprioritizing the 2021 and 2022 national budgets, according to the National Economic Development Authority (NEDA). ....

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Department of Overseas Filipinos, death penalty are next Senate priorities


(Senate of the Philippines / FILE PHOTO / MANILA BULLETIN)
In a list released by Senate President Vicente Sotto III Monday, the establishment of a department for overseas Filipino workers (OFWs) is second in the Upper Chamber’s priorities after the proposed National Land Use Act.
Earlier, senators decided to defer discussions on the proposed OFW department and other new agencies to address first the government’s bloated bureaucracy. President Duterte recently certified it as an urgent measure. 
But Sotto later said he is already inclined to vote for the creation of OFW department since it would support his push for the rightsizing of the government, as it would put all existing OFW-related agencies in one body. ....

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