Thread by @senatePH

Sen. Sonny Angara scrutinizes the proposed budget of the Department of Finance and its attached agencies for next year. During the virtual hearing, Finance Sec. Carlos Dominguez III presented the achievements and the targets of the DOF. #SenatePH 1/2 @sonnyangara

Dominguez said the country managed its solid financial footing amidst the pandemic. He said this validates the good work of the DOF for the nation. DOF's budget for 2022 amounts to P23.18 billion, a 32.65% increase of this year’s budget amounting to P16 billion. #SenatePH 2/2

Sen. Joel Villanueva sees merit in the proposal of Sen. Imee Marcos to rightsize or abolish the Procurement Service of the DBM because the agency is not performing its mandate. #SenatePH 1/4 @senatorjoelv

Villanueva cited the 2020 COA report stating that PS-DBM has very weak control over its inventories and that 31% of the common use items or supplies are actually unavailable. #SenatePH 2/4 @senatorjoelv

Sen. Marcos also asked Finance Sec. Carlos Dominguez III to comment on the proposal to rightsize or abolish PS-DBM and the Philippine International Trading Corporation. #SenatePH 3/4 @SenImeeMarcos

Dominguez said it is a good idea to regularly review all government agencies for possible abolition like what is being done in the Governance Commission for Government-Owned and Controlled Corporations. #SenatePH 4/4

Sen. Cynthia Villar says the government is now monitoring the tariffs on agriculture. She said there are laws allowing the collection of tariffs on agriculture that will be spent for projects that would benefit the farmers. #SenatePH 1/3 @Cynthia_Villar

Villar also said that P10 billion will be allocated for the Rice Competitiveness Enhancement Fund. #SenatePH 2/3 @Cynthia_Villar

Villar also mentioned a bill that was already passed in the Senate allocates the amount in excess of P10 billion as financial assistance to farmers owning 1 hectare and below of agricultural land. #SenatePH 3/3
@Cynthia_Villar

Sen. Nancy Binay asks about the percentage of employees of the Department of Finance and its attached agencies that have been vaccinated. As far as the DOF is concerned, Sec. Carlos Dominguez III said it has already vaccinated 86% of its employees. #SenatePH 1/2 @SenatorBinay

At the BIR, Commissioner Caesar Dulay said vaccination of all employees in NCR were almost done while regional offices arranged their own vaccination program. #SenatePH 2/2