Budget Babe Profile picture
24 Mar, 11 tweets, 3 min read
The loan agreements for vaccines haven’t been signed. So anong sinasabi nila na nasa bank ang pera?!🙄

Nasa bangko ng lender ganon?

There may be funds in the Treasury at the moment for other things, but not specifically for vaccines.

Liar, liar, pants on fire.
So paano nga magpoprocure ng vaccines in large quantities kung hindi pa signed ang loan agreements?

Kung ikaw ba may car loan at hindi pa napirmahan ang mortgage agreement, makukuha mo ba ang car mo? Of course not.
Never mind if it’s the lending institution that will directly pay the supplier later on.

No loan agreement, no SARO release from DBM.

No SARO release from DBM, no authority to award contract.

Ganon yun. Nasa GAA yun.
They’re so defensive about graft and corruption in the procurement of vaccines kaya ang messaging to counter that is nasa bank ang cash and not in their hands.
Eh hindi naman possible corruption lang ang issue.

It’s the delay in vaccine roll-out. Like level na nauna pa ang war-torn Afghanistan. It’s inefficiency. It’s lack of CSW kaya last minute nagkaroon ng indemnification law which was a major requirement.
With the indemnification requirement addressed - na nakalimutan pa ng presidente na pinirmahan nya - pambayad naman ang issue ngayon.

Eh kung pinondohon from the general fund at hindi via loans, o di mas mabilis.

Problema nga kasi inuna ang infra.
May 700B in the DPWH budget for roads, bridges and all those non-stragetic infra that aren’t subject to financing conditions.

Tapos ang funds for vaccines subject to so many conditions because to be financed by utang.
Gusto kong magmura, tbh. Saan ang wisdom sa ganoong klaseng fiscal decisions?

You see why getting budget priorities right matters so much?
What’s 70B for vaccines compared to nearly 1 trillion for infra?

My god it’s not even 10%. Kahit sabihin pang that 1 trillion includes some loans, a huge part of it is locally-funded.

Bakit ang vaccines hindi ipinasok na locally-funded?
P.S.

@jcpunongbayan @LaniCVillanueva and I wrote about the indemnification issue and the funding for vaccines last February

rappler.com/voices/thought…
We also wrote an article about infra and vaccines last January. It’s this:

rappler.com/voices/thought…

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More from @znsuzara

21 Mar
Me to econ managers:

Don’t run the government like an effing business!

It’s not your job to save money. It’s your job to SPEND for the people.

Magbigay kayo ng ayuda so you don’t have to keep forcing a stupid strategy of reopening the economy
Ang problema kasi inuna nyo pa rin ang Build, Build, Build kahit maraming may sakit, gutom, at walang trabaho.

Almost Php1T of the 2021 Budget went to infra pero business-as-usual ang budget for health, livelihood and labor. Hindi nakalapat sa lupa ang economic policy ninyo.
Bukod doon, nagbuhos rin kayo ng pondo para sa NTF-ECLAC na parang kala mo mas malaking problema ang anti-communist insurgency kesa sa COVID-19
Read 17 tweets
19 Mar
Not really surprised this would happen. The vaccination plan they presented to the Senate back in January doesn’t appear to consider realities on the ground🤷🏻‍♀️ interaksyon.philstar.com/politics-issue…
Also, it’s not really surprising this could happen. DOH has a track record of wastage due to inefficiency.

Billions of pesos worth of medicines either expired upon receipt of hospitals, overstocked/near expiration or left undistributed to hospitals.

Go check the COA reports.
The 2018 COA Audit report said Php18.5B worth of drugs and medicines procured by DOH Central Office remain in DOH warehouses. Around 2% of said stock was found to be nearing expiration.

70% or Php13B of the Php18.5B overstock are medicines purchased in 2018.
Read 6 tweets
24 Jun 20
Para sa mga nagtatanong saan daw napunta ang mga inutang ng gobyerno, ito ang mga numero

Galing sa Cash Operations Report ng Bureau of Treasury at NCA Utilization Report ng DBM ang mga ito. Ni-rank na ni Luis Abad from highest to lowest para mas madaling intidihin.
[2] No matter how disappointed we are about how this crisis has been handled, let’s not always jump to the conclusion that the money was pocketed by politicians.
[3] Yes, it’s possible that there’s corruption there somewhere at walang problema sa vigilance pagdating sa kaban ng bayan. But take time to look at the numbers too. Mas mabuting informed ka kung makikialam ka.
Read 25 tweets
9 Jun 20
Sen Drilon said the Contingent Fund can be used to fund COVID interventions. Speaking of the Contingent Fund...

#DidYaKnow that President Duterte's Contingent Fund is 420% higher than the previous admin's? In 2016, the appropriation for it was only 2.5B. Now, it's 13B.
In the 2017 Budget, the Contingent Fund increased by Php3B or 120%. The following year, it increased by 136% more to Ph13B, the highest level that it has been in the past 3 years since President Duterte assumed office.
[3] Since the Contingent Fund appropriations increased in 2017, figures in the 2017-2019 National Expenditure Plan reveal a pattern of huge amounts of transfers to the DILG and DND, in particular, the PNP and the AFP.
Read 11 tweets
13 Apr 20
Informing the public that there is such a strategy is good. Showing the breakdown of funding is appreciated. BUT - and this is a MAJOR BUT - the Php1.17T total reported by the SOF is sorely misleading.
[2] It lumps together a) the budget of expenditures and b) the sources of financing. That should never be done because, that’s in effect, double counting. Thus, the sources of financing (830B in the pink square) should be deducted from the 1.17T.
[3] these are apples and oranges which should to be added separately. To be even more precise, I agree with what a former colleague’s suggestion: the graphic could also state the expenditure for which a specific source of financing was earmarked for.
Read 12 tweets

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