Skip to content

Philippines Today

home of the Global Filipino

Menu
  • News Stories
  • Regional News
  • Business & Economy
  • Science & Technology
  • International
Menu

Binay wants P200-M OVP fund removed

Posted on September 11, 2013

By Josine Estuye

MANILA, (PNA) — Vice President Jejomar Binay Wednesday asked legislators to scrap the P200 million project fund of the Office of the Vice President for next year.

The request was read by Usec. Benjamin Martinez Jr., Chief of Staff of the OVP, during the Senate hearing for the OVP’s 2014 budget.

Martinez said the vice president has decided to end the speculation regarding the ‘true nature’ of the fund, which some lawmakers described as his own ‘pork barrel.’

“Nagdesisyon ako kahit hindi pa man sinasabi ng kinauukulan kung ano ang katangian ng pondong ito, para maiwasan ang ispekulasyon at pamumulitika sa usaping ito,” Martinez said, quoting Binay’s statement.

“Umaasa ako na sa desisyong ito, muli nating maipararating sa ating mga kababayan na tayong mga nasa gobyerno ay laging nakikinig sa kanila at handang maglingkod ng tapat, hayag at may pananagutan,” Binay added.

In line with this, the vice president also noted that he is sure the supposed beneficiaries of the fund will understand his decision to scrap the budget.

“Batid ko na may mga proyektong maapektuhan ng desisyon kong ito, katulad ng mga college scholarships sa mga mahihirap na estudyante, ang pagbibigay ng gamot at tulong sa mga nangangailangan nating mga kababayan at ang pagtatayo ng gusali para sa senior citizens. Alam ko na ito ay maiintindihan ng ating mga kababayan,” he said.

Last year, Binay allocated part of the OVP’s P200-million fund for the construction or repair of senior citizens’ centers nationwide.

It has also funded the construction and repair of 500 senior citizens’ centers from 2011 to 2012. Around 200 more are expected to be built from this year’s fund.

A part of the fund was also used for the Vice President’s scholarship grant-in-aid program, which has 1,160 scholars in state colleges and universities nationwide.

Last June, Commission on Audit lauded the OVP’s social services programs including providing medical, dental, burial, and transportation assistance to some 31,691 indigent beneficiaries nationwide.

State auditors likewise lauded Binay’s grant-in-aid scholarship program and credited the Vice President for distributing school bags and school supplies to 15,975 beneficiaries as educational support.

Moreover, COA hailed the OVP’s accounting unit for being awarded as one of the most outstanding accounting offices among national government agencies in 2011 and 2012.

According to the OVP, with the removal of the P200 million, Binay’s budget is now down to P217 million from the original P417 million.

The OVP’s P200 million fund for locally-funded projects was given starting 2011 and originally came from the unused Priority Development Assistance Fund of then Sen. Benigno Aquino III.

Since 2012, the P200 million was integrated into the OVP’s regular budget.

Share this:

  • Facebook
  • Twitter
  • LinkedIn
  • Pinterest
  • More
  • Tumblr
  • Reddit

Related

News Categories

  • Announcement (34)
  • Business & Economy (1,567)
  • Comment and Opinion (74)
    • Random Thoughts (18)
  • Current Issues (425)
    • Charter Change (1)
    • Election (228)
    • Population (6)
  • International (389)
  • Life In Japan (66)
    • Everything Japan (41)
  • Literary (34)
  • Miscellaneous (610)
  • News Stories (5,312)
  • OFW Corner (297)
  • Others (75)
  • People (408)
  • Press Releases (163)
  • Regional News (3,362)
  • Science and Technology (502)
  • Sports & Entertainment (287)

Latest News

  • BSP keeps policy rates anew December 17, 2015
  • NEDA cuts PHL additional rice import for 2016 by 25% December 17, 2015
  • DA cites serious implications of banning genetically modified products December 17, 2015
  • BBL is not yet dead – Drilon December 17, 2015
  • Comelec recognizes Duterte’s CoC for president December 17, 2015
  • NEDA chief sees 2015 growth at 6% despite typhoons December 17, 2015
  • House of Representatives ratifies bicam report on P3.002-T national budget for 2016 December 17, 2015
  • Cebu-based developer invests PHP430M to build 709 townhouse units in north Cebu town December 17, 2015
  • City gov’t eyes P75-M income from economic enterprise December 17, 2015
  • Baguio City LGU presents traffic plan for holiday season December 17, 2015

Archives

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Science and Technology

  • DOST-ICTO targets 500,000 web-based workers from countryside by 2016
  • (Feature) STARBOOKS: A ‘makeover’ for librarians
  • Science, research reduce ‘cocolisap’ hotspot areas in PHL
  • Montejo to further improve PAGASA and empower scientists
  • 1st PPP in biomedical research produces knee replacement system fit for Asians

Press Releases

  • Microsoft to buy Nokia’s mobile devices business for 5.44-B euros
  • New World Bank climate change report should spur SEA and world leaders into action: Greenpeace
  • Save the Philippine Seas before it’s too late — Greenpeace
  • Palanca Awards’ last call for entries
  • Philippines joins the global call for Arctic protection

Comment and Opinion

  • Remembering the dead is a celebration of life
  • Killer earthquake unlikely to hit Panay Island in near future – analyst
  • It’s not just more fun to invest in the Philippines, it is also profitable, says President Aquino
  • How does one differentiate a tamaraw from a carabao?
  • Fun is not just about the place, it is also about the people, says DOT chief

OFW Corner

  • Ebola infection risk low in Croatia
  • Death toll rises to 41, over 100 still missing in landslide in India
  • Asbestos use in construction a labor hazard
  • 500,000 OFWs to benefit POEA on-line transactions — Baldoz
  • 25 distressed OFWs return home from Riyadh
©2025 Philippines Today | Design: Newspaperly WordPress Theme