Electric cooperatives (ECs) are authorized to realign the budget they have set aside for some of their institutional activities this year to fund the initial rollout of their respective “Pantawid Liwanag” programs, the National Electrification Administration (NEA) said. NEA Administrator Edgardo Masongsong said the power coops may consider this option as well as other fundraising activities to […]
Tag: budget realignment
The Senate recently received the House-approved General Appropriations Bill for 2020, which provides for the proposed P4.1-trillion national budget for next year. Senator Sonny Angara, chair of the Senate committee on finance, confirmed this development in a statement sent to reporters. “Our finance subcommittees are completing the hearings on the proposed budgets of the last […]