PHL ’22 disaster prevention spending cut 50% By Cai U. Ordinario @caiordinario
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FIESTA OF FLAVORS: Residents of Cainta, Rizal, and nearby towns delight in a leisurely night stroll along Barangay Santo Niño as the town joyfully marks the 9th SumBingTik Festival, coinciding with the local fiesta in the lively land of the Sepoys on December 1. SumBingTik, an acronym for suman, bibingka and latik, showcases three native delicacies predominantly crafted in Barangay Santo Niño. BERNARD TESTA
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HE country spent 50 percent less on disaster prevention in 2022 compared to 2021, posting the lowest such spending in four years, according to the Philippine Statistics Authority (PSA). The Philippines spent P77.98 billion in 2022 for disaster prevention, a 50.4-percent decrease from P157.26 billion in 2021. This was the lowest since the P33.99 billion spent for these activities in 2018. The highest recorded expenditure was in 2020 amount-
ing to P280.47 billion. “Disaster prevention includes activities and measures to avoid existing and new disaster risks. This includes risk prevention in advance of hazardous events and risk prevention in or after a hazardous event,” PSA explained. Disaster prevention only accounted for 24.7 percent of total disaster risk reduction (DRR) expenditures in 2022. This is also the lowest share of disaster prevention activities in the country’s DRR spending since 2015. It was in 2020 when disaster prevention expenditures accounted
for the highest share in DRR spending of 67.2 percent. Meanwhile, disaster mitigation posted the highest expenditure amount of P107.97 billion in 2022, indicating an increase of 64.5 percent from P65.63 billion in 2021. “Disaster mitigation includes activities and measures to reduce or lessen existing disaster risk or to limit the adverse impacts of a hazardous event,” PSA said. “Activities and measures such as structural measures and construction, non-structural measures, landuse planning, and early warning systems management,” it added.
Disaster mitigation posted its highest growth in 2016 when it grew 236.1 percent to P34.62 billion from the P10.298 billion in 2015. It accounted for 34.2 percent of total DRR expenditures. This is the highest share it posted since the 45.7-percent share it had in 2018. In 2022, the country spent a total of P315.888 billion for DRR, a 52.4- percent contraction from the P663.66 billion spent in 2021. This was the lowest since the P214.9 billion spent on DRR pre-pandemic or in 2019. See “PHL,” A2
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NATIONAL BUDGET BICAM: Sen. Sonny Angara,
chairperson of the Committee on Finance, leads the Senate panel in the discussion of the disagreeing provisions of House Bill No. 8980 or the General Appropriations Act of 2024 on Thursday, November 30, 2023. The Bicameral Conference Committee formally convened at the Manila Golf and Country Club in Makati to deliberate on the P5.768-trillion national budget for next year. The House panel was led by House Committee on Appropriations and AKO Bicol Party-list Rep. Elizaldy Co. MARK PIMENTEL/SENATE PRIB
By Andrea E. San Juan
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@andreasanjuan
HE Philippines went down three notches in the IMD World Digital Competitiveness Ranking (WDCR) 2023, to the 59th spot from 56th last year, among the 64 economies covered by the report.
The overall performance of the 64 economies are evaluated based on three Digital Competitiveness Factors: Knowledge, Technology and Future Readiness. For the Knowledge factor, the Philippines went down to the 63rd spot from 62nd in 2022. The report defined Knowledge as the “Knowhow necessary to discover, understand and build new technologies.” The Knowledge factor has three subfactors: Talent, Training and Education, and Scientific Concentration. The country’s rankings in all subfactors declined. For talent, the Philippines went down to the 56th spot from 55th last year; Training and education, 62nd spot from 61st in 2022; and Scientific concentration, 58th from 57th spot last year. Under the scientific concentra-
tion subfactor, the report indicated that the country’s top strength is its female researchers, as the country ranked second among 64 economies. Still under the Knowledge factor, the report said the country’s overall top weakness is “women with degrees” under the Training and education subfactor, as it ranked 59th out of the 64 countries covered by the report. For the Technology pillar—defined by the report as the “overall context that enables the development of digital technologies”—the Philippines went two notches down to the 51st spot from 49th in 2022. Based on the report, the Technology factor is made up of Regulatory framework, Capital and Technological framework subfactors.
Bicameral panel starts work on final ’24 budget version By Jovee Marie N. dela Cruz @joveemarie
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HE Bicameral Conference Committee on the proposed national budget on Thursday started hammering out a final version of the proposed 2024 General Appropriations Act, which will be submitted for President
Ferdinand Marcos Jr.’s signature before his trip to Tokyo in the second week of December. House Committee on Appropriations and AKO Bicol Party-list Rep. Elizaldy Co. urged lawmakers to adopt substantial changes introduced by the House leadership that promote transparency in public spending, safeguard national
security, ensure food sufficiency, and support a population still reeling from the adverse effects of the pandemic. In crafting the House version of the budget bill, Co said lawmakers tried to strike a balance in handling debts and allocating funds to pivotal government projects and programs while being mindful
of the administrative capacity of various agencies to achieve budget objectives. The proposed budget for next year totals P5.786 trillion, including P1.748 trillion for debt payments and other expenditures that are automatically appropriated. See “Bicameral,” A2
Smartmatic cries foul over disqualification by Comelec By Patrick V. Miguel
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HE decision of the Commission on Elections to disqualify Smartmatic Philippines Inc. from participating in any public bidding process for elections is “unfair,” the poll technology firm said on Thursday. In a statement, Smartmatic said the basis for their disqualification was “not even part of the complaint” filed against them in June by former Department of Information and Communications Technology
(DICT) Undersecretary Eliseo Mijares Rio Jr. and others. Comelec Chairman George Garcia said on Wednesday the decision to disqualify Smartmatic was “not based on the allegations of Rio and company.” (Related story: https://businessmirror. com.ph/2023/11/30/comelec-barssmartmatic-from-election-bids/) The resolution stated that the commission based the decision on “the gravity of allegations related to bribery and compromised procurement process.” See “Smartmatic,” A2
See “Digital,” A2
PESO exchange rates n US 55.3280 n japan 0.3758 n UK 70.2444 n HK 7.0895 n CHINA 7.7659 n singapore 41.5126 n australia 36.6105 n EU 60.7059 n KOREA 0.0428 n SAUDI arabia 14.7494 Source: BSP (November 30, 2023)