‘No budget hike for underspending agencies in 2024‘

By Macon Ramos-Araneta

SENATORS blamed large government agencies for holding back the country's growth by underspending, and said these departments should not be given the additional funds they seek in 2024,

By Othel V. Campos

if they have been unable to spend their budget allocations.

When a government agency or office has not spent its budgetallocation, that means the funds were not used to bankroll their intended programs and budgets, Senators Sherwin Gatchalian and Nancy Binay said.

Given this underspending, Gatchalian criticized the country's economic managers for asking for a budget increase for several government agencies that continue to underspend.