MANILA, (PNA) — Malacanang allayed fears that the President’s Social Fund (PSF) was being misused saying President Benigno S. Aquino III was very “judicious” in disbursing the fund.
In a press briefing aired over government-run radio station dzRB Radyo ng Bayan on Sunday, Deputy Presidential Spokesperson Abigail Valte said that anyone who wanted to assure that the PSF was strictly being dispensed for its intended use could check with the Commission on Audit reports beginning July 2010.
“Tinitiyak natin na transparent at tama ang paggamit dito sa pondong napupunta sa President’s Social Fund at makikita natin yan mula sa mga Commission on Audit (COA) reports mula noong 2010,” Valte said.
She pointed out that the COA reports on the PSF contained the amount and how and where it was used.
“Nandun po kung papaano, kung magkano ang mga pinagkuhaan diyan, kung magkano ang balanse at kung ite-trace niyo, makikita na lumalaki yung naging pondo dahil hindi siya nagagamit taun-taon. Hindi siya nasasagad taun-taon at nare-replenish ng nare-replenish,” she added.
“And so by this, nakikita natin na judicious ang paggamit ng Pangulo diyan sa pondong yan,” she noted.