Thursday 3 October 2013

INQUIRER.net: Abad saved PH from financial ruin in 2012, says Palace exec

INQUIRER.net
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Abad saved PH from financial ruin in 2012, says Palace exec
Oct 4th 2013, 00:52

MANILA, Philippines—Budget Secretary Florencio Abad can't be "hounded out of office" by calls for his resignation over the creation of Disbursement Acceleration Program (DAP).   The little known program began in 2011 funded P1.107 billion in additional pork barrel to senators in 2012 following the impeachment of then Chief Justice Renato Corona.   Crediting Abad, MalacaƱang said he "saved this country" from fiscal ruin, and therefore, without a finding of fund misuse, the budget chief would be staying on in the Aquino Cabinet.   "I don't think that that would be fair to the Filipino people if Secretary Abad were hounded out of office ...

Keep on reading: Abad saved PH from financial ruin in 2012, says Palace exec

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Florencio-Abad.jpg (image/jpeg)
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