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Duterte extends validity of key 2018 national budget components 

Duterte extends validity of key 2018 budget components

Executive Secretary Salvador Medialdea (File photo by LYN RILLON / Philippine Daily Inquirer)

MANILA, Philippines – President Rodrigo Duterte has signed a resolution of Congress, extending the validity of key components of the 2018 national budget until December 31, 2019, Executive Secretary Salvador Medialdea said Thursday.

“President Rodrigo Roa Duterte signed last December 28, 2018 Joint Resolution No. 3 extending the validity of the MOOE and CO components of the 2018 GAA (Budget) Joint Resolution Extending the Availability of the 2018 Appropriations for Maintenance and Other Operating Expenses and Capital Outlays to December 31, 2019,” Medialdea told reporters in a text message.

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House Majority Leader Rolando Andaya Jr. on Monday said the government would no longer push through with the cash-based budgeting system for this year after the President already signed a resolution extending the life of 2018 expenditure program.

READ: Gov’t scraps cash-based budgeting system; reenacts 2018 budget

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