It is basic that once an infra project has started its implementation, it is already obligated. Hence, there can be no partial cash allocation, unless that project is discontinued, cancelled, or terminated. Then, the unused portion of the appropriation becomes savings that may be realigned. Or, if the project is covered by Multi Year Contractual Authority (MYCA), formerly known as MYOA or Multi Year Obligational Authority which is clearly spelled out and provided in the 2020 GAA, the same item can reappear in the succeeding budget year.
We were not born yesterday as far as budgeting is concerned.
In an interview on DWIZ, Sen. Lacson answered questions on:
– the Isulan bombing and Senate Bill 1956 (Anti-Terrorism Act of 2018)
– pork in the proposed 2019 national budget
– need for government to shift its attention to the economy
– President Duterte’s recent strong statements against possible abuses by China
– timetable of Senate relocation
Italian poet Cesare Pavese said, and I wish to paraphrase: “Men do not tend to remember days. They remember moments.”
Every time we look back to stories of the past, we cannot always tell specifically what happened “before” and “after,” what really transpired in between, who did what, and why. However, if we recall every important event in our lives – those that were so crucial and transformative – we can easily single out one very striking episode and say: that moment changed everything.