Diokno confirms. Former Budget Secretary Benjamin Diokno confirmed the International Monetary Fund (IMF) findings that the government statistics on our gross domestic product growth is questionable. Earlier former National Economic Development Authority (Neda) Secretary Felipe Medalla seconded the IMF finding.
Diokno said there is a discrepancy between the expenditures and output figures released by the Neda. He added the large expenditure account is the fastest-growing in the government figures.
The University of the Philippines economics professor said GMA’s presidency is the only one that started the fiscal year for six years without a new budget with three years of an old, reenacted budget. Diokno further questioned the project expenditures of GMA under a reenacted budget as of doubtful legality as it violates the constitutional requirement of a specific appropriation law to back it up. This is another ground for impeachment.
With regard to the use of the Marcos money under the agrarian reform fund, Diokno pointed out the need for an Presidential Agrarian Reform Council (PARC) resolution to authorize its use. The President, while chairman of PARC, cannot by herself alone authorize the use of the Marcos wealth.
Diokno observed that in the six years of GMA, Congress has lost its power of the purse. He is absolutely correct.
May Black Friday Protest bukas.
Black Friday Protest Bulletin #5 - ChiCha Kontra ChaCha
Designated time and place of flash protest for March 31:
Selected Jollibee Restaurants - 7:00 to 7:30 AM
For more details, click on the BnW link.
O, katulad nang sinabi ni MLQ3, simply wear black on Friday to protest.
UPDATE: Helga comments:
By the way, the DLSU Adhoc Committee on the Political Crisis is doing their own Black Friday Protest - at 6:30pm, they will form a human chain and candle lighting along Taft Avenue (in front of DLSU, all are asked to come wearing black, to "show our collective stand as a community in the continuing suppression of our Civil Liberties".
That's what we always hoped, that other groups would get together and do their own Black Friday Protests!
That's good to hear.