OP abolishes 10 ‘redundant’ agencies By Gerry Baldo 09/24/2010

OP abolishes 10 ‘redundant’ agencies
By Gerry Baldo
09/24/2010

The Office of the President (OP) is cutting down its budget by P4.075 billion as a result of its effort to streamline its operations, Executive Secretary Paquito Ochoa Jr. said yesterday.

Ochoa, who was at the House of Representatives for a hearing on the proposed budget for the OP, said the expenditure plan for the Office of the President will be P183.9 million less than the appropriation received by then President Arroyo.

Ochoa told the members of the appropriations panel that one of the cost-cutting steps taken by the OP in reducing its proposed budget was to abolish 10 locally funded projects which have been found to duplicate the functions of other line agencies or departments.

“The government could realize a savings of P304.62 million with the elimination of locally funded projects under the Office of the President,” Ochoa told the panel..... MORE

Source:  The Daily Tribune

URL: http://www.tribuneonline.org/headlines/20100924hed5.html