MANILA, Philippines – President Rodrigo Duterte officially signed last week the measure extending the validity of the 2019 National Budget until December 31, 2020.
Signed on December 20, the new Republic Act 11464 which amended Section 25 of the 2019 General Appropriations Act states that: “All appropriations authorized in this Act shall be available for release and obligation for the purpose specified, and under the same special provision applicable thereto, until December 31, 2020.”
The new measure will allow government agencies to spend this year’s fund, particularly for maintenance and other operating expenses (MOOE) until the end of next year.
The measure is to address the government’s need for budget after the delay in the passage of the 2020 National Budget and the implementation of the midterm election ban on infrastructure projects.
The MOOE covers the budget for daily operations of government units.
The President already certified as urgent the passing of the 2020 National Budget.
It is expected to be signed in January next year. MNP (with details from Rosalie Coz)
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