No irregularity in gov't funds cited in SONA — Horn By DAVID CAGAHASTIAN July 27, 2010, 2:36pm

No irregularity in gov't funds cited in SONA — Horn

By DAVID CAGAHASTIAN

July 27, 2010, 2:36pm

 

Former President Gloria Macapagal-Arroyo's spokeswoman said on Tuesday that President Noynoy Aquino's State of the Nation Address (SONA) did not clarify which figures he was citing when he said only P100 billion remains in the annual budget.

Elena Bautista-Horn said Mr. Aquino's figures are different from the official figures on government expenditures from January to June of this year, which were released by the Bureau of Treasury, the agency that records the actual spending of the national government.

The Bureau of Treasury released the official figures of the government's actual disbursements from the national budget last July 21, 2010 when it was already under Finance Secretary Cesar Purisima.... MORE

Source:  The Manila Bulletin

URL: http://www.mb.com.ph/articles/269101/no-irregularity-annual-budget-cited-sona-horn