Did you know: Gil Puyat

The late statesman and business magnate, former Senate President Gil Puyat, was born on Sept. 1, 1907. The youngest dean of the University of the Philippines (College of Business Administration) at age 33, he served in the Senate from 1951 to 1973. As a legislator, Puyat left a mark by instituting changes in the distribution and administration of public funds. One of his major contributions was the Budget Act, a landmark law which mandated that the national budget must include in its catalogue a schedule of projects and auditing achievements. Two years after Puyat’s death in March 1980, Buendia Avenue was renamed in his honor by virtue of Batas Pambansa Blg. 312. Schatzi Quodala, Inquirer Research

Read more...