Duterte extends validity of Bayanihan 2, 2020 budget | Inquirer News
Close  

Duterte extends validity of Bayanihan 2, 2020 budget

By: - Reporter / @KAguilarINQ
/ 09:51 AM January 06, 2021
Duterte

President Rodrigo Roa Duterte. ALBERTO ALCAIN / PRESIDENTIAL FILE PHOTO

MANILA, Philippines — President Rodrigo Duterte has extended the validity of appropriations under the country’s 2020 national budget and the Bayanihan to Recover As One Act or “Bayanihan 2.”

Duterte signed Republic Act No. 11519 last Dec. 29 which allows appropriations under the Bayanihan 2 available for release, obligation and disbursement until June 30, 2021.

ADVERTISEMENT

The President also signed Republic Act No. 11520, extending the availability of appropriations under the 2020 General Appropriations Act until December 31, 2021.

Copies of both laws were only sent to the media on Wednesday, Jan. 6.

FEATURED STORIES

Duterte earlier certified both measures as urgent.

A total of P148 billion in appropriations under the Bayanihan 2 and the 2020 budget has yet to be spent.

Of this figure, P38 billion came from Bayanihan 2 and P110 billion came from the 2020 budget.

READ: Amid still unused P148B, Senate extends validity of 2020 budget, Bayanihan 2 

The 2020 budget expired on Dec. 31, 2020, while the Bayanihan 2 lapsed on Dec. 19, 2020.

JPV

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: 2020 budget, Bayanihan 2, national budget 2020, President Rodrigo Duterte
For feedback, complaints, or inquiries, contact us.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.



© Copyright 1997-2022 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.