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Senator Joseph Victor "JV" G. Ejercito: Good afternoon, ladies and gentlemen. Thank you for attending today's briefing on the fiscal year 2027 proposed expenditure program of the Department of Finance, attached agencies and corporations. I call the briefing to order. Since the plenary session is ongoing, we shall wait for our other colleagues to join us later on.

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Senator Joseph Victor "JV" G. Ejercito: So at this juncture, I'd like to recognize the Committee Secretary to acknowledge the resource persons present for today.

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Committee Secretary: Thank you, Mr. Chair. Good afternoon. For the briefing on the proposed FY 2027 budget of the Department of Finance and attached agencies and corporations: the Bureau of Customs, Bureau of Internal Revenue, Bureau of Local Government Finance, Bureau of the Treasury, Central Board of Assessment Appeals, Insurance Commission and National Tax Research Center,

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Committee Secretary: the Privatization and Management Office, and the Philippine Tax Academy. We would like to acknowledge our resource persons from DOF. We have Secretary Frederick Go together with Undersecretary Maria Edita Tan, Undersecretary Bayani Agabin, Undersecretary Niño Raymond Alvina, Undersecretary Carlo Fermin Adriano, Undersecretary Catherine Fong, Undersecretary Maria Angela Ignacio, Undersecretary Rolando Ligon Jr., and Undersecretary Joven Balbosa.

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Committee Secretary: Assistant Secretary Neil Adrian Cabiles, Assistant Secretary Chris Joy Diaz Teston, Assistant Secretary Angelica Sarmiento, Assistant Secretary Juvida Nafrata and Assistant Secretary Joel Baloro. For the attached agencies, we have BOC Commissioner Ariel Nepomuceno together with Assistant Secretary Jeek Casipit; BIR Commissioner Charlito Martin Mendoza with Deputy Commissioners Marisa Cabreros and Teresita Angeles; and BLGF Executive Director Ryan Martine.

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Committee Secretary: For the Bureau of the Treasury, Treasurer Sharon Almanza and Deputy Treasurer Kenneth Ian Francisco. For CBAA, Chairperson Robert Tobia and board member Attorney Gualberto Oison. For the Insurance Commission, OIC and Deputy Commissioner for the Management Support Services Group, Deputy Commissioner Ermar Benitez. For NTRC, Executive Director Mark Lester Aure. For PMO, Undersecretary Michael Peter Alejandro.

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Committee Secretary: For PTA, we have President Kiel Beltran. Also present are the heads of the government corporations without subsidy under the proposed FY2027 NEP. For SEC, we have Chairperson Francis Ed Lim. For Field Guarantee, we have President Alberto Pascual and Senior Vice President Giselle Pangal. For DBP, we have President Michael De Jesus and Executive Vice President Catherine Magana.

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Committee Secretary: For LBP, we have PCEO Maria Lynette Ortiz. For Maharlika Investment Corporation, we have PCEO Rafael Jose Consing Jr. and General Counsel Paul Salanga. For SSS, we have PCEO Robert Joseph Declaro.

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Committee Secretary: For the GSIS, we have President and General Manager Jose Arnulfo Veloso and EVP Jason Teng. We have also invited representatives from DBM and COA.

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Committee Secretary: From DBM, we have Ms. Mercedes de la Cruz, Ms. Aileen Malit.

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Committee Secretary: Ms. Faith Quintero and Ms. Hannah Navarro.

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Committee Secretary: For COA, we have Attorney Isabel Sirenia, Ms. Wilma Gismundo, Ms. Marian Catalan, Ms. Nicole Trinidad, Ms. Applejoy Doctolero, Ms. Paula Wilma Candelaria, Mr. Lester Bitangor, Ms. Catherine Mones, Ms. Yelan Castillo, Mr. Noriel Legrimas, Ms. Andrea Marie Alavastro, Mr. John Victor Valle, Mr. Mark Zenin Hipolito, and Ms. Monique Angelique Carvajal.

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Committee Secretary: Thank you, Mr. Chair.

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Senator Joseph Victor "JV" G. Ejercito: Thank you, ComSec.

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Senator Joseph Victor "JV" G. Ejercito: The Chair would like to acknowledge the presence of Senator Francis Pangilina. Thank you, sir, for joining us.

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Senator Francis Kiko Pangilinan: Thank you.

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Senator Joseph Victor "JV" G. Ejercito: Now, the Chair would like to give his opening statement. Good afternoon to our colleagues here at the Senate, guests, and resource persons, and to the Department of Finance.

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Senator Joseph Victor "JV" G. Ejercito: Today, the Committee on Finance will deliberate the proposed budget of the DOF, its attached agencies, and cooperation for the fiscal year 2027,

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Senator Joseph Victor "JV" G. Ejercito: and discuss relevant points in strengthening our economy.

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Senator Joseph Victor "JV" G. Ejercito: Our revenue efforts, managing debt levels, and expanding our financial resources.

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Senator Joseph Victor "JV" G. Ejercito: The Department of Finance plays a critical role in ensuring that the government has sufficient resources to fund our priorities,

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Senator Joseph Victor "JV" G. Ejercito: from healthcare and education to infrastructure, agriculture, social protection, and other essential services.

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Senator Joseph Victor "JV" G. Ejercito: To fund government programs and projects, revenue collection is critical.

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Senator Joseph Victor "JV" G. Ejercito: Kailangan nating malaman ang improvement sa

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Senator Joseph Victor "JV" G. Ejercito: BIR tax administration, digitalization at enforcement ay talagang nagresulta sa mas mataas na koleksyon,

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Senator Joseph Victor "JV" G. Ejercito: mas maayos na compliance at mas kaunting tax leakages.

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Senator Joseph Victor "JV" G. Ejercito: On the other hand, Bureau of Customs continues to face persistent challenges

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Senator Joseph Victor "JV" G. Ejercito: in combating smuggling and illicit trade.

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Senator Joseph Victor "JV" G. Ejercito: Kaya nais nating malaman sa kabila ng mas mababang budget ngayong taon,

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Senator Joseph Victor "JV" G. Ejercito: kaya ba nating palakasin ang border protection,

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Senator Joseph Victor "JV" G. Ejercito: masugpo ang smuggling at mapataas ang revenue collection.

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Senator Joseph Victor "JV" G. Ejercito: As the government continues to operate within a challenging fiscal environment

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Senator Joseph Victor "JV" G. Ejercito: and as we seek additional revenues, equally important are sound debt management,

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Senator Joseph Victor "JV" G. Ejercito: responsible borrowing, and prudent spending.

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Senator Joseph Victor "JV" G. Ejercito: So in discussing the proposed budget today, we want clear answers on three basic questions.

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Senator Joseph Victor "JV" G. Ejercito: Tama at sapat ba ang ating kinukulekta?

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Senator Joseph Victor "JV" G. Ejercito: Maayos at efficient ba nating ginagamit ang bawat piso?

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Senator Joseph Victor "JV" G. Ejercito: At responsable ba nating pinamamahalan ang ating utang at fiscal obligations

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Senator Joseph Victor "JV" G. Ejercito: upang hindi nating ipasa sa susunod na henerasyon?

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Senator Joseph Victor "JV" G. Ejercito: As our economy and fiscal needs continue to evolve,

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Senator Joseph Victor "JV" G. Ejercito: we must ensure that our country remains in a stable and sustainable fiscal position.

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Senator Joseph Victor "JV" G. Ejercito: And we owe it to the Filipino taxpayers to ensure that every peso requested

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Senator Joseph Victor "JV" G. Ejercito: is a peso efficiently and responsibly spent.

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Senator Joseph Victor "JV" G. Ejercito: Today's hearing gives us an opportunity

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Senator Joseph Victor "JV" G. Ejercito: to examine whether we can achieve a sustainable future

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Senator Joseph Victor "JV" G. Ejercito: and whether our revenue strategies, borrowings, investments,

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Senator Joseph Victor "JV" G. Ejercito: and financing mechanisms are putting us on the right track,

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Senator Joseph Victor "JV" G. Ejercito: not only for the coming year but for the years ahead.

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Senator Joseph Victor "JV" G. Ejercito: Thank you very much.

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Senator Joseph Victor "JV" G. Ejercito: And welcome, Secretary Frederick Go, the Undersecretaries,

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Senator Joseph Victor "JV" G. Ejercito: Treasurer Sharon Almanza, the USECs, ASECs, and the heads of agencies.

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Senator Joseph Victor "JV" G. Ejercito: Welcome to the DOF budget briefing.

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Senator Joseph Victor "JV" G. Ejercito: Thank you.

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Senator Joseph Victor "JV" G. Ejercito: I have worked with a lot of people.

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Senator Joseph Victor "JV" G. Ejercito: Some of you, familiar faces.

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Senator Joseph Victor "JV" G. Ejercito: We have passed a lot of vital measures.

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Senator Joseph Victor "JV" G. Ejercito: Pinagod niyo ako.

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Senator Joseph Victor "JV" G. Ejercito: Ilang measures yun, mga technical, but through your help.

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Senator Joseph Victor "JV" G. Ejercito: Yung si Carlo, yung si Catherine Fong.

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Senator Joseph Victor "JV" G. Ejercito: These are the people that backstop, that make me look good.

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Senator Joseph Victor "JV" G. Ejercito: Kahit nahirap at technical yung mga pinagpapasako, salamat sa inyo.

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Senator Joseph Victor "JV" G. Ejercito: Anyway, I'd like to ask Senator Francis Kiko Pangilinan

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Senator Joseph Victor "JV" G. Ejercito: for his opinion.

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Senator Joseph Victor "JV" G. Ejercito: His opening statements, if there's any.

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Senator Francis Kiko Pangilinan: I would rather listen to their presentations, Mr. Chairperson.

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Senator Joseph Victor "JV" G. Ejercito: Okay, since there are no more questions,

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Senator Joseph Victor "JV" G. Ejercito: I now call on Secretary Frederick Go to deliver his opening statement

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Senator Joseph Victor "JV" G. Ejercito: and to present the 2027 proposed expenditure program

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Senator Joseph Victor "JV" G. Ejercito: of the Department of Finance and its attached agencies and corporations.

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Senator Joseph Victor "JV" G. Ejercito: The floor, sir.

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DOF Secretary Frederick D. Go: Thank you, Chairperson Senator JV Ejercito,

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DOF Secretary Frederick D. Go: Vice Chairperson, Senator Kiko Pangilinan,

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DOF Secretary Frederick D. Go: Senate Committee Member,

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DOF Secretary Frederick D. Go: members, colleagues in government, good afternoon.

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DOF Secretary Frederick D. Go: Thank you for this opportunity to present the proposed

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DOF Secretary Frederick D. Go: fiscal year 2027 budget of the Department of Finance,

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DOF Secretary Frederick D. Go: its bureaus, and attached agencies.

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DOF Secretary Frederick D. Go: The DOF has a critical mandate,

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DOF Secretary Frederick D. Go: raise resources the government needs,

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DOF Secretary Frederick D. Go: manage them responsibly,

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DOF Secretary Frederick D. Go: and protect the country's fiscal stability.

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DOF Secretary Frederick D. Go: We are the government's fundraiser,

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DOF Secretary Frederick D. Go: but raising revenue is only one part of the job.

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DOF Secretary Frederick D. Go: We also have to manage debt,

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DOF Secretary Frederick D. Go: strengthen financial systems,

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DOF Secretary Frederick D. Go: improve tax and customs administration,

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DOF Secretary Frederick D. Go: and make sure that the government has the fiscal space

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DOF Secretary Frederick D. Go: to fund its priorities.

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DOF Secretary Frederick D. Go: When this administration took office in 2022,

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DOF Secretary Frederick D. Go: the country was carrying 12.79 trillion

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DOF Secretary Frederick D. Go: in national government debt,

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DOF Secretary Frederick D. Go: much of it accumulated during the pandemic.

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DOF Secretary Frederick D. Go: Our task since then has been clear,

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DOF Secretary Frederick D. Go: rebuild fiscal space,

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DOF Secretary Frederick D. Go: while continuing to support growth

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DOF Secretary Frederick D. Go: and invest in the country's future.

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DOF Secretary Frederick D. Go: As a response,

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DOF Secretary Frederick D. Go: we crafted the country's medium-term fiscal framework in 2022,

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DOF Secretary Frederick D. Go: the government's blueprint for reducing our deficit and debt

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DOF Secretary Frederick D. Go: as a percentage of GDP,

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DOF Secretary Frederick D. Go: while creating more jobs,

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DOF Secretary Frederick D. Go: increasing people's incomes,

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DOF Secretary Frederick D. Go: and reducing poverty.

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DOF Secretary Frederick D. Go: It set us on a path of gradual and sustained fiscal consolidation

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DOF Secretary Frederick D. Go: to restore fiscal space,

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DOF Secretary Frederick D. Go: while continuing to invest in the future,

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DOF Secretary Frederick D. Go: while continuing to invest in the foundations of growth.

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DOF Secretary Frederick D. Go: But our recovery has not happened in an easy environment.

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DOF Secretary Frederick D. Go: Over the years,

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DOF Secretary Frederick D. Go: external pressures and global uncertainties

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DOF Secretary Frederick D. Go: have disrupted supply chains

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DOF Secretary Frederick D. Go: and pushed inflation up,

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DOF Secretary Frederick D. Go: affecting the pace of growth.

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DOF Secretary Frederick D. Go: In this context,

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DOF Secretary Frederick D. Go: we needed to recalibrate our growth and fiscal targets

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DOF Secretary Frederick D. Go: to keep them realistic and responsive

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DOF Secretary Frederick D. Go: to evolving economic conditions.

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DOF Secretary Frederick D. Go: But the direction of our fiscal policy

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DOF Secretary Frederick D. Go: has remained consistent.

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DOF Secretary Frederick D. Go: We have been working hard to ensure that

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DOF Secretary Frederick D. Go: we have pursued stronger revenue collection,

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DOF Secretary Frederick D. Go: disciplined expenditure,

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DOF Secretary Frederick D. Go: and prudent debt management.

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DOF Secretary Frederick D. Go: Total revenues have grown by an average of 10.54% annually

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DOF Secretary Frederick D. Go: over the last four years.

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DOF Secretary Frederick D. Go: And in 2025,

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DOF Secretary Frederick D. Go: the BIR surpassed 3 trillion pesos

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DOF Secretary Frederick D. Go: in tax collections for the first time.

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DOF Secretary Frederick D. Go: We continue to strengthen collections

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DOF Secretary Frederick D. Go: while mobilizing additional non-tax revenues

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DOF Secretary Frederick D. Go: and managing the economy.

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DOF Secretary Frederick D. Go: As a result,

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DOF Secretary Frederick D. Go: the fiscal deficit has continued to narrow

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DOF Secretary Frederick D. Go: as we remain on track

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DOF Secretary Frederick D. Go: toward our medium-term consolidation targets.

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DOF Secretary Frederick D. Go: From 8.6% in 2021

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DOF Secretary Frederick D. Go: and 7.3% in 2022,

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DOF Secretary Frederick D. Go: we are bringing it down to 5.4%

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DOF Secretary Frederick D. Go: by the end of 2026.

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DOF Secretary Frederick D. Go: Our debt indicators also remain manageable.

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DOF Secretary Frederick D. Go: In 2025,

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DOF Secretary Frederick D. Go: national government debt stood at 63.2% of GDP

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DOF Secretary Frederick D. Go: while general government debt settled at 56.8% of GDP,

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DOF Secretary Frederick D. Go: well below the 70% international benchmark

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DOF Secretary Frederick D. Go: for debt sustainability

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DOF Secretary Frederick D. Go: and within a manageable range

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DOF Secretary Frederick D. Go: compared with other emerging economies.

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DOF Secretary Frederick D. Go: More importantly,

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DOF Secretary Frederick D. Go: we have maintained a prudent debt mix,

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DOF Secretary Frederick D. Go: predominantly domestic,

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DOF Secretary Frederick D. Go: predominantly carrying fixed interest rates,

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DOF Secretary Frederick D. Go: and predominantly,

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DOF Secretary Frederick D. Go: structured with long repayment terms

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DOF Secretary Frederick D. Go: of at least five years.

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DOF Secretary Frederick D. Go: First,

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DOF Secretary Frederick D. Go: 67% of our debt is domestic.

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DOF Secretary Frederick D. Go: This reduces our exposure to foreign exchange risks

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DOF Secretary Frederick D. Go: while also supporting the continued development

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DOF Secretary Frederick D. Go: of our local capital market.

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DOF Secretary Frederick D. Go: Second,

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DOF Secretary Frederick D. Go: 90% of our debt carries fixed interest rates.

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DOF Secretary Frederick D. Go: This provides greater certainty

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DOF Secretary Frederick D. Go: in our debt servicing costs

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DOF Secretary Frederick D. Go: and shields us from sudden increases

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DOF Secretary Frederick D. Go: or fluctuations

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DOF Secretary Frederick D. Go: in global interest rates.

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DOF Secretary Frederick D. Go: And third,

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DOF Secretary Frederick D. Go: 84.1% of our debt

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DOF Secretary Frederick D. Go: has long-term repayment periods,

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DOF Secretary Frederick D. Go: meaning we have several years

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DOF Secretary Frederick D. Go: before these obligations fall due.

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DOF Secretary Frederick D. Go: These generally refer to debt

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DOF Secretary Frederick D. Go: with maturities of over five years.

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DOF Secretary Frederick D. Go: This longer maturity profile

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DOF Secretary Frederick D. Go: reduces our refinancing risks

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DOF Secretary Frederick D. Go: and gives us greater predictability

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DOF Secretary Frederick D. Go: in managing our debt obligations.

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DOF Secretary Frederick D. Go: This strategic,

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DOF Secretary Frederick D. Go: borrowing mix

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DOF Secretary Frederick D. Go: strengthened our resilience

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DOF Secretary Frederick D. Go: to external shocks

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DOF Secretary Frederick D. Go: and made our debt obligations

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DOF Secretary Frederick D. Go: more predictable

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DOF Secretary Frederick D. Go: and manageable

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DOF Secretary Frederick D. Go: over the long term.

186
00:52:31,940 --> 00:52:33,860
DOF Secretary Frederick D. Go: The market's assessment

187
00:52:33,860 --> 00:52:35,400
DOF Secretary Frederick D. Go: of our fiscal fundamentals

188
00:52:35,400 --> 00:52:36,420
DOF Secretary Frederick D. Go: is also reflected

189
00:52:36,420 --> 00:52:37,320
DOF Secretary Frederick D. Go: in the confidence

190
00:52:37,320 --> 00:52:39,140
DOF Secretary Frederick D. Go: of international investors.

191
00:52:39,880 --> 00:52:41,360
DOF Secretary Frederick D. Go: Our sovereign credit ratings

192
00:52:41,360 --> 00:52:43,500
DOF Secretary Frederick D. Go: remain at investment-grade levels.

193
00:52:44,220 --> 00:52:46,040
DOF Secretary Frederick D. Go: We have two A- ratings

194
00:52:46,040 --> 00:52:48,120
DOF Secretary Frederick D. Go: from Japanese credit rating agencies,

195
00:52:48,540 --> 00:52:49,780
DOF Secretary Frederick D. Go: and this reflects

196
00:52:49,780 --> 00:52:50,780
DOF Secretary Frederick D. Go: continued confidence

197
00:52:50,780 --> 00:52:51,680
DOF Secretary Frederick D. Go: in the country's

198
00:52:51,680 --> 00:52:53,060
DOF Secretary Frederick D. Go: economic fundamentals

199
00:52:53,060 --> 00:52:54,500
DOF Secretary Frederick D. Go: and our capacity

200
00:52:54,500 --> 00:52:57,300
DOF Secretary Frederick D. Go: to manage our public finances.

201
00:52:58,720 --> 00:53:00,940
DOF Secretary Frederick D. Go: Higher credit ratings reflect

202
00:53:00,940 --> 00:53:02,600
DOF Secretary Frederick D. Go: minimal default risk,

203
00:53:02,600 --> 00:53:04,240
DOF Secretary Frederick D. Go: signaling lenders

204
00:53:04,240 --> 00:53:06,680
DOF Secretary Frederick D. Go: to offer lower interest rates.

205
00:53:06,680 --> 00:53:07,840
DOF Secretary Frederick D. Go: When the country can borrow

206
00:53:07,840 --> 00:53:08,920
DOF Secretary Frederick D. Go: at lower interest rates,

207
00:53:08,920 --> 00:53:10,800
DOF Secretary Frederick D. Go: private businesses can also borrow

208
00:53:10,800 --> 00:53:12,640
DOF Secretary Frederick D. Go: at lower interest rates.

209
00:53:13,840 --> 00:53:15,080
DOF Secretary Frederick D. Go: We have also seen progress

210
00:53:15,080 --> 00:53:15,960
DOF Secretary Frederick D. Go: in our integration

211
00:53:15,960 --> 00:53:17,420
DOF Secretary Frederick D. Go: into global capital markets

212
00:53:17,420 --> 00:53:19,720
DOF Secretary Frederick D. Go: with the upcoming historic debut

213
00:53:19,720 --> 00:53:21,620
DOF Secretary Frederick D. Go: of our peso-denominated government bonds in

214
00:53:21,620 --> 00:53:24,620
DOF Secretary Frederick D. Go: JPMorgan's Government Bond Index

215
00:53:24,620 --> 00:53:25,620
DOF Secretary Frederick D. Go: Emerging Markets

216
00:53:25,620 --> 00:53:28,240
DOF Secretary Frederick D. Go: in January 2027.

217
00:53:28,700 --> 00:53:30,000
DOF Secretary Frederick D. Go: This is significant

218
00:53:30,000 --> 00:53:31,880
DOF Secretary Frederick D. Go: because our first-ever inclusion

219
00:53:31,880 --> 00:53:34,520
DOF Secretary Frederick D. Go: in a major global bond index

220
00:53:34,520 --> 00:53:36,440
DOF Secretary Frederick D. Go: reflects a strong vote of confidence

221
00:53:36,440 --> 00:53:37,940
DOF Secretary Frederick D. Go: in our solid fundamentals

222
00:53:37,940 --> 00:53:40,020
DOF Secretary Frederick D. Go: and fiscal discipline.

223
00:53:40,580 --> 00:53:42,120
DOF Secretary Frederick D. Go: These results are the product

224
00:53:42,120 --> 00:53:43,620
DOF Secretary Frederick D. Go: of disciplined fiscal management,

225
00:53:44,340 --> 00:53:46,500
DOF Secretary Frederick D. Go: and the 2027 proposed budget

226
00:53:46,500 --> 00:53:49,360
DOF Secretary Frederick D. Go: carries that same discipline forward.

227
00:53:49,780 --> 00:53:51,020
DOF Secretary Frederick D. Go: For next year,

228
00:53:51,020 --> 00:53:54,420
DOF Secretary Frederick D. Go: our new general appropriations

229
00:53:54,420 --> 00:53:58,260
DOF Secretary Frederick D. Go: amount to 28.6 billion pesos.

230
00:53:58,260 --> 00:54:00,260
DOF Secretary Frederick D. Go: Automatic appropriations

231
00:54:00,260 --> 00:54:02,180
DOF Secretary Frederick D. Go: will be 3.4 billion pesos,

232
00:54:02,180 --> 00:54:03,740
DOF Secretary Frederick D. Go: including retirement

233
00:54:03,740 --> 00:54:05,220
DOF Secretary Frederick D. Go: and life insurance premiums

234
00:54:05,220 --> 00:54:06,260
DOF Secretary Frederick D. Go: and special accounts

235
00:54:06,260 --> 00:54:07,260
DOF Secretary Frederick D. Go: in the general fund.

236
00:54:07,260 --> 00:54:10,520
DOF Secretary Frederick D. Go: Overall, we have a department-wide allocation

237
00:54:10,520 --> 00:54:13,220
DOF Secretary Frederick D. Go: of 32.034 billion pesos,

238
00:54:13,220 --> 00:54:16,300
DOF Secretary Frederick D. Go: which is 3.49% lower

239
00:54:16,300 --> 00:54:19,140
DOF Secretary Frederick D. Go: than the 2026 GAA level,

240
00:54:19,140 --> 00:54:21,020
DOF Secretary Frederick D. Go: equivalent to a decrease

241
00:54:21,020 --> 00:54:24,900
DOF Secretary Frederick D. Go: of 1.159 billion pesos.

242
00:54:25,480 --> 00:54:26,460
DOF Secretary Frederick D. Go: Against a government

243
00:54:26,460 --> 00:54:29,020
DOF Secretary Frederick D. Go: that must raise trillions of pesos

244
00:54:29,020 --> 00:54:29,700
DOF Secretary Frederick D. Go: in revenue

245
00:54:29,700 --> 00:54:31,880
DOF Secretary Frederick D. Go: and finance trillions more

246
00:54:31,880 --> 00:54:33,140
DOF Secretary Frederick D. Go: in public expenditure,

247
00:54:33,920 --> 00:54:35,860
DOF Secretary Frederick D. Go: the DOF and its attached agencies

248
00:54:35,860 --> 00:54:39,220
DOF Secretary Frederick D. Go: operate on a relatively small budget

249
00:54:39,220 --> 00:54:41,900
DOF Secretary Frederick D. Go: at 19.4 billion pesos.

250
00:54:42,540 --> 00:54:44,000
DOF Secretary Frederick D. Go: This accounts for more than half

251
00:54:44,000 --> 00:54:46,100
DOF Secretary Frederick D. Go: or about 61% of the total

252
00:54:46,100 --> 00:54:48,220
DOF Secretary Frederick D. Go: DOF proposed budget.

253
00:54:49,180 --> 00:54:50,740
DOF Secretary Frederick D. Go: Against this budget,

254
00:54:50,740 --> 00:54:52,420
DOF Secretary Frederick D. Go: the BIR is expected to collect

255
00:54:52,420 --> 00:54:56,340
DOF Secretary Frederick D. Go: approximately 3.7 trillion pesos

256
00:54:56,340 --> 00:54:58,520
DOF Secretary Frederick D. Go: in 2027.

257
00:54:58,520 --> 00:55:00,080
DOF Secretary Frederick D. Go: In other words,

258
00:55:00,080 --> 00:55:02,160
DOF Secretary Frederick D. Go: the BIR's entire proposed budget

259
00:55:02,160 --> 00:55:04,560
DOF Secretary Frederick D. Go: is equivalent to two days

260
00:55:04,560 --> 00:55:06,900
DOF Secretary Frederick D. Go: of projected collections.

261
00:55:06,900 --> 00:55:09,220
DOF Secretary Frederick D. Go: The Bureau of Customs or the BOC,

262
00:55:09,220 --> 00:55:10,020
DOF Secretary Frederick D. Go: on the other hand,

263
00:55:10,020 --> 00:55:11,000
DOF Secretary Frederick D. Go: has a proposed budget

264
00:55:11,000 --> 00:55:12,580
DOF Secretary Frederick D. Go: of 5.9 billion pesos

265
00:55:12,580 --> 00:55:14,100
DOF Secretary Frederick D. Go: against projected collections

266
00:55:14,100 --> 00:55:18,560
DOF Secretary Frederick D. Go: of approximately 1.1 trillion pesos.

267
00:55:18,560 --> 00:55:20,420
DOF Secretary Frederick D. Go: Its proposed budget is likewise

268
00:55:20,420 --> 00:55:21,720
DOF Secretary Frederick D. Go: equivalent to about

269
00:55:21,720 --> 00:55:23,880
DOF Secretary Frederick D. Go: two days of collections.

270
00:55:24,620 --> 00:55:26,840
DOF Secretary Frederick D. Go: The Bureau of Treasury or the BTR

271
00:55:26,840 --> 00:55:28,080
DOF Secretary Frederick D. Go: has a proposed allocation

272
00:55:28,080 --> 00:55:29,680
DOF Secretary Frederick D. Go: of 4.1 billion pesos.

273
00:55:30,620 --> 00:55:32,840
DOF Secretary Frederick D. Go: Its responsibility is to manage

274
00:55:32,840 --> 00:55:33,920
DOF Secretary Frederick D. Go: the government's cash,

275
00:55:34,300 --> 00:55:36,020
DOF Secretary Frederick D. Go: debt, and financing requirements,

276
00:55:36,620 --> 00:55:37,620
DOF Secretary Frederick D. Go: including the funding

277
00:55:37,620 --> 00:55:39,440
DOF Secretary Frederick D. Go: of the projected

278
00:55:39,440 --> 00:55:42,280
DOF Secretary Frederick D. Go: 1.7 trillion pesos

279
00:55:42,280 --> 00:55:45,060
DOF Secretary Frederick D. Go: fiscal deficit in 2027.

280
00:55:46,000 --> 00:55:47,600
DOF Secretary Frederick D. Go: In terms of allocation,

281
00:55:47,800 --> 00:55:49,940
DOF Secretary Frederick D. Go: about 52% of our proposed budget

282
00:55:49,940 --> 00:55:50,200
DOF Secretary Frederick D. Go: under the new government is

283
00:55:50,200 --> 00:55:51,440
DOF Secretary Frederick D. Go: under the new general

284
00:55:51,440 --> 00:55:53,480
DOF Secretary Frederick D. Go: and automatic appropriations

285
00:55:53,480 --> 00:55:56,180
DOF Secretary Frederick D. Go: goes to personal services,

286
00:55:56,180 --> 00:55:57,700
DOF Secretary Frederick D. Go: 35% to maintenance

287
00:55:57,700 --> 00:55:59,440
DOF Secretary Frederick D. Go: and other operating expenses,

288
00:55:59,440 --> 00:56:02,720
DOF Secretary Frederick D. Go: and about 13% to capital outlays,

289
00:56:02,720 --> 00:56:07,480
DOF Secretary Frederick D. Go: and less than 1% to financial expenses.

290
00:56:07,480 --> 00:56:09,320
DOF Secretary Frederick D. Go: This allocation reflects our focus

291
00:56:09,320 --> 00:56:11,080
DOF Secretary Frederick D. Go: on workforce upskilling

292
00:56:11,080 --> 00:56:13,820
DOF Secretary Frederick D. Go: and digital infrastructure.

293
00:56:13,820 --> 00:56:15,760
DOF Secretary Frederick D. Go: Digitalization and modernization

294
00:56:15,760 --> 00:56:18,000
DOF Secretary Frederick D. Go: initiatives remain a high priority

295
00:56:18,000 --> 00:56:19,200
DOF Secretary Frederick D. Go: across all agencies

296
00:56:19,200 --> 00:56:20,160
DOF Secretary Frederick D. Go: with a total budget

297
00:56:20,160 --> 00:56:21,660
DOF Secretary Frederick D. Go: of 3.8 billion pesos

298
00:56:21,660 --> 00:56:23,380
DOF Secretary Frederick D. Go: to transform processes,

299
00:56:23,680 --> 00:56:24,540
DOF Secretary Frederick D. Go: integrate systems,

300
00:56:24,700 --> 00:56:25,620
DOF Secretary Frederick D. Go: and deliver faster,

301
00:56:26,160 --> 00:56:27,640
DOF Secretary Frederick D. Go: more efficient services.

302
00:56:28,440 --> 00:56:30,780
DOF Secretary Frederick D. Go: At about 66%,

303
00:56:30,780 --> 00:56:33,180
DOF Secretary Frederick D. Go: the BIR accounts

304
00:56:33,180 --> 00:56:34,620
DOF Secretary Frederick D. Go: for the largest piece of the pie,

305
00:56:34,800 --> 00:56:36,160
DOF Secretary Frederick D. Go: followed by the Bureau of Customs

306
00:56:36,160 --> 00:56:37,960
DOF Secretary Frederick D. Go: at about 15%.

307
00:56:37,960 --> 00:56:39,740
DOF Secretary Frederick D. Go: These investments are designed

308
00:56:39,740 --> 00:56:40,920
DOF Secretary Frederick D. Go: to make compliance easier

309
00:56:40,920 --> 00:56:41,720
DOF Secretary Frederick D. Go: for taxpayers,

310
00:56:42,040 --> 00:56:42,680
DOF Secretary Frederick D. Go: cut red tape,

311
00:56:43,180 --> 00:56:44,340
DOF Secretary Frederick D. Go: and foster a culture

312
00:56:44,340 --> 00:56:45,440
DOF Secretary Frederick D. Go: of transparency

313
00:56:45,440 --> 00:56:47,920
DOF Secretary Frederick D. Go: in line with the President's call

314
00:56:47,920 --> 00:56:49,920
DOF Secretary Frederick D. Go: for zero tolerance on

315
00:56:50,160 --> 00:56:50,660
DOF Secretary Frederick D. Go: Corruption.

316
00:56:51,840 --> 00:56:53,700
DOF Secretary Frederick D. Go: Now, allow me to present

317
00:56:53,700 --> 00:56:55,220
DOF Secretary Frederick D. Go: the specific budget proposals

318
00:56:55,220 --> 00:56:56,740
DOF Secretary Frederick D. Go: of each DOF agency.

319
00:56:57,580 --> 00:56:58,500
DOF Secretary Frederick D. Go: As mentioned,

320
00:56:58,640 --> 00:57:00,020
DOF Secretary Frederick D. Go: the BIR has a proposed budget

321
00:57:00,020 --> 00:57:01,700
DOF Secretary Frederick D. Go: of 19.4 billion pesos,

322
00:57:01,840 --> 00:57:03,460
DOF Secretary Frederick D. Go: which is 6.9% higher

323
00:57:03,460 --> 00:57:04,620
DOF Secretary Frederick D. Go: than this year's GAA.

324
00:57:05,440 --> 00:57:06,860
DOF Secretary Frederick D. Go: This increase is driven in part

325
00:57:06,860 --> 00:57:08,400
DOF Secretary Frederick D. Go: by higher personnel services,

326
00:57:09,040 --> 00:57:10,700
DOF Secretary Frederick D. Go: following the compensation adjustments

327
00:57:10,700 --> 00:57:12,160
DOF Secretary Frederick D. Go: under EO64,

328
00:57:12,400 --> 00:57:13,440
DOF Secretary Frederick D. Go: Series of 2024.

329
00:57:14,240 --> 00:57:14,680
DOF Secretary Frederick D. Go: Meanwhile,

330
00:57:14,880 --> 00:57:17,200
DOF Secretary Frederick D. Go: MOOE will grow by 22.9%

331
00:57:17,200 --> 00:57:18,880
DOF Secretary Frederick D. Go: to cover increased operating needs

332
00:57:18,880 --> 00:57:20,000
DOF Secretary Frederick D. Go: and ensure the continuity

333
00:57:20,000 --> 00:57:21,800
DOF Secretary Frederick D. Go: of the Bureau's critical programs.

334
00:57:23,800 --> 00:57:24,900
DOF Secretary Frederick D. Go: On the other hand,

335
00:57:24,980 --> 00:57:26,040
DOF Secretary Frederick D. Go: following the budget increase

336
00:57:26,040 --> 00:57:27,060
DOF Secretary Frederick D. Go: for building construction

337
00:57:27,060 --> 00:57:28,540
DOF Secretary Frederick D. Go: and motor vehicle acquisition

338
00:57:28,540 --> 00:57:30,280
DOF Secretary Frederick D. Go: under the 2026 GAA,

339
00:57:30,460 --> 00:57:31,940
DOF Secretary Frederick D. Go: capital outlays are proposed

340
00:57:31,940 --> 00:57:34,740
DOF Secretary Frederick D. Go: to be 83.2% lower

341
00:57:34,740 --> 00:57:37,160
DOF Secretary Frederick D. Go: in the 2027 budget.

342
00:57:38,240 --> 00:57:40,160
DOF Secretary Frederick D. Go: The BOC's proposed 2027 budget

343
00:57:40,160 --> 00:57:41,720
DOF Secretary Frederick D. Go: of 5.9 billion pesos,

344
00:57:41,820 --> 00:57:42,420
DOF Secretary Frederick D. Go: on the other hand,

345
00:57:42,460 --> 00:57:44,100
DOF Secretary Frederick D. Go: is 9.7% lower

346
00:57:44,100 --> 00:57:45,960
DOF Secretary Frederick D. Go: than its 2026 budget.

347
00:57:46,480 --> 00:57:47,400
DOF Secretary Frederick D. Go: A substantial part

348
00:57:47,400 --> 00:57:48,000
DOF Secretary Frederick D. Go: of the reduction

349
00:57:48,000 --> 00:57:49,080
DOF Secretary Frederick D. Go: is in MOOE,

350
00:57:49,080 --> 00:57:51,960
DOF Secretary Frederick D. Go: particularly in ICT-related requirements.

351
00:57:52,200 --> 00:57:53,400
DOF Secretary Frederick D. Go: Our priority is to make full

352
00:57:53,400 --> 00:57:54,200
DOF Secretary Frederick D. Go: and effective use

353
00:57:54,200 --> 00:57:55,860
DOF Secretary Frederick D. Go: of existing digital systems,

354
00:57:56,620 --> 00:57:58,540
DOF Secretary Frederick D. Go: improve integration across platforms,

355
00:57:58,840 --> 00:58:00,080
DOF Secretary Frederick D. Go: and fund the critical requirements

356
00:58:00,820 --> 00:58:02,940
DOF Secretary Frederick D. Go: needed to move modernization forward.

357
00:58:03,560 --> 00:58:04,780
DOF Secretary Frederick D. Go: This year-on-year comparison

358
00:58:04,780 --> 00:58:05,640
DOF Secretary Frederick D. Go: is also affected

359
00:58:05,640 --> 00:58:08,560
DOF Secretary Frederick D. Go: by the 180.5 million confidential funds

360
00:58:08,560 --> 00:58:11,080
DOF Secretary Frederick D. Go: specifically provided in the 2026 GAA,

361
00:58:11,640 --> 00:58:13,100
DOF Secretary Frederick D. Go: which is no longer included

362
00:58:13,100 --> 00:58:15,220
DOF Secretary Frederick D. Go: in the 2027 NEP.

363
00:58:16,600 --> 00:58:18,200
DOF Secretary Frederick D. Go: Even with a lower budget,

364
00:58:18,200 --> 00:58:18,780
DOF Secretary Frederick D. Go: our direction,

365
00:58:18,780 --> 00:58:19,460
DOF Secretary Frederick D. Go: through the BOC,

366
00:58:19,540 --> 00:58:20,580
DOF Secretary Frederick D. Go: remains clear and firm,

367
00:58:20,700 --> 00:58:22,400
DOF Secretary Frederick D. Go: faster and more transparent processes,

368
00:58:22,700 --> 00:58:23,860
DOF Secretary Frederick D. Go: better use of technology,

369
00:58:24,100 --> 00:58:25,880
DOF Secretary Frederick D. Go: more effective border administration

370
00:58:25,880 --> 00:58:26,680
DOF Secretary Frederick D. Go: and enforcement,

371
00:58:26,940 --> 00:58:27,720
DOF Secretary Frederick D. Go: and more efficient

372
00:58:27,720 --> 00:58:29,360
DOF Secretary Frederick D. Go: revenue collection.

373
00:58:32,400 --> 00:58:33,040
DOF Secretary Frederick D. Go: Meanwhile,

374
00:58:33,220 --> 00:58:35,120
DOF Secretary Frederick D. Go: the BTR's proposed 2027 budget

375
00:58:35,120 --> 00:58:36,860
DOF Secretary Frederick D. Go: is 4.1 billion pesos,

376
00:58:37,040 --> 00:58:39,440
DOF Secretary Frederick D. Go: which is 13.7% lower

377
00:58:39,440 --> 00:58:41,800
DOF Secretary Frederick D. Go: than its 2026 GAA level.

378
00:58:42,520 --> 00:58:43,400
DOF Secretary Frederick D. Go: Most of the reduction

379
00:58:43,400 --> 00:58:44,420
DOF Secretary Frederick D. Go: is in MOOE

380
00:58:44,420 --> 00:58:45,780
DOF Secretary Frederick D. Go: for national government-related requirements,

381
00:58:46,420 --> 00:58:47,240
DOF Secretary Frederick D. Go: which declines

382
00:58:47,240 --> 00:58:48,760
DOF Secretary Frederick D. Go: from 576 million pesos

383
00:58:48,780 --> 00:58:51,360
DOF Secretary Frederick D. Go: to 45.8 million pesos.

384
00:58:51,620 --> 00:58:53,340
DOF Secretary Frederick D. Go: Based on the BTR's projections,

385
00:58:53,560 --> 00:58:55,640
DOF Secretary Frederick D. Go: available 2026 appropriations

386
00:58:55,640 --> 00:58:57,560
DOF Secretary Frederick D. Go: that remain valid through 2027

387
00:58:57,560 --> 00:58:59,660
DOF Secretary Frederick D. Go: are expected to be sufficient

388
00:58:59,660 --> 00:59:01,440
DOF Secretary Frederick D. Go: to cover bank transaction fees

389
00:59:01,440 --> 00:59:05,100
DOF Secretary Frederick D. Go: paid to authorized government depository banks

390
00:59:05,100 --> 00:59:06,800
DOF Secretary Frederick D. Go: and authorized agent banks

391
00:59:06,800 --> 00:59:08,540
DOF Secretary Frederick D. Go: for processing collections

392
00:59:08,540 --> 00:59:10,700
DOF Secretary Frederick D. Go: of the BIR, BOC,

393
00:59:10,880 --> 00:59:12,520
DOF Secretary Frederick D. Go: and the national collecting officers

394
00:59:12,520 --> 00:59:13,420
DOF Secretary Frederick D. Go: throughout the year.

395
00:59:14,340 --> 00:59:15,800
DOF Secretary Frederick D. Go: This adjustment is consistent

396
00:59:15,800 --> 00:59:16,860
DOF Secretary Frederick D. Go: with the funding level

397
00:59:16,860 --> 00:59:18,500
DOF Secretary Frederick D. Go: recommended by the DBM.

398
00:59:18,780 --> 00:59:22,240
DOF Secretary Frederick D. Go: The proposed 2027 budget

399
00:59:22,240 --> 00:59:24,340
DOF Secretary Frederick D. Go: of the DOF Office of the Secretary

400
00:59:24,340 --> 00:59:26,000
DOF Secretary Frederick D. Go: is 1.1 billion pesos,

401
00:59:26,220 --> 00:59:27,740
DOF Secretary Frederick D. Go: which is 13% lower

402
00:59:27,740 --> 00:59:30,780
DOF Secretary Frederick D. Go: than its 2026 GAA level.

403
00:59:31,160 --> 00:59:32,320
DOF Secretary Frederick D. Go: I am proud that DOF

404
00:59:32,320 --> 00:59:35,540
DOF Secretary Frederick D. Go: and several of our attached agencies

405
00:59:35,540 --> 00:59:36,640
DOF Secretary Frederick D. Go: reduced our budget

406
00:59:36,640 --> 00:59:38,480
DOF Secretary Frederick D. Go: by double-digit percentages.

407
00:59:39,220 --> 00:59:40,360
DOF Secretary Frederick D. Go: The decrease mainly comes

408
00:59:40,360 --> 00:59:41,160
DOF Secretary Frederick D. Go: from lower funding

409
00:59:41,160 --> 00:59:42,340
DOF Secretary Frederick D. Go: for ICT projects

410
00:59:42,340 --> 00:59:45,540
DOF Secretary Frederick D. Go: consistent with DBM recommended levels

411
00:59:45,540 --> 00:59:46,440
DOF Secretary Frederick D. Go: as we wind up

412
00:59:46,440 --> 00:59:48,120
DOF Secretary Frederick D. Go: the three-year information system

413
00:59:48,120 --> 00:59:48,660
DOF Secretary Frederick D. Go: strategic plan

414
00:59:48,660 --> 00:59:50,280
DOF Secretary Frederick D. Go: of the DOF next year.

415
00:59:51,220 --> 00:59:52,740
DOF Secretary Frederick D. Go: The 2027 proposal

416
00:59:52,740 --> 00:59:54,100
DOF Secretary Frederick D. Go: also no longer includes

417
00:59:54,100 --> 00:59:56,220
DOF Secretary Frederick D. Go: the funding provided in 2026

418
00:59:56,220 --> 00:59:58,740
DOF Secretary Frederick D. Go: for the planned Philippine hosting

419
00:59:58,740 --> 01:00:00,000
DOF Secretary Frederick D. Go: of the extractive industry

420
01:00:00,000 --> 01:00:02,600
DOF Secretary Frederick D. Go: Transparency Initiative Global Conference

421
01:00:02,600 --> 01:00:06,940
DOF Secretary Frederick D. Go: The Insurance Commission's

422
01:00:06,940 --> 01:00:08,580
DOF Secretary Frederick D. Go: 2027 NEP level

423
01:00:08,580 --> 01:00:10,760
DOF Secretary Frederick D. Go: is 656.7 million

424
01:00:10,760 --> 01:00:13,080
DOF Secretary Frederick D. Go: which is 44.7%

425
01:00:13,080 --> 01:00:14,660
DOF Secretary Frederick D. Go: lower than its 2026

426
01:00:14,660 --> 01:00:16,580
DOF Secretary Frederick D. Go: GA level. The decrease is

427
01:00:16,580 --> 01:00:18,700
DOF Secretary Frederick D. Go: concentrated in MOE and capital

428
01:00:18,700 --> 01:00:20,860
DOF Secretary Frederick D. Go: outlay. In the 2027

429
01:00:20,860 --> 01:00:22,480
DOF Secretary Frederick D. Go: NEP, there's no more funding provision

430
01:00:22,480 --> 01:00:24,420
DOF Secretary Frederick D. Go: for motor vehicles and certain

431
01:00:24,420 --> 01:00:26,300
DOF Secretary Frederick D. Go: traveling, training, and consultancy

432
01:00:26,300 --> 01:00:28,380
DOF Secretary Frederick D. Go: expenses. Funding for

433
01:00:28,380 --> 01:00:30,260
DOF Secretary Frederick D. Go: ICT requirements under the Commission's

434
01:00:30,260 --> 01:00:32,280
DOF Secretary Frederick D. Go: Information Systems Strategic Plan and

435
01:00:32,280 --> 01:00:34,360
DOF Secretary Frederick D. Go: for other professional services

436
01:00:34,360 --> 01:00:35,720
DOF Secretary Frederick D. Go: is also lower.

437
01:00:36,400 --> 01:00:38,360
DOF Secretary Frederick D. Go: These amounts are consistent with the funding

438
01:00:38,360 --> 01:00:40,320
DOF Secretary Frederick D. Go: levels recommended by

439
01:00:40,320 --> 01:00:41,740
DOF Secretary Frederick D. Go: DBM for 2027.

440
01:00:45,800 --> 01:00:48,180
DOF Secretary Frederick D. Go: The BLGF NEP level is

441
01:00:48,180 --> 01:00:50,140
DOF Secretary Frederick D. Go: 568.5 million pesos

442
01:00:50,140 --> 01:00:52,160
DOF Secretary Frederick D. Go: which is 42.9%

443
01:00:52,160 --> 01:00:54,460
DOF Secretary Frederick D. Go: lower than its 2026

444
01:00:54,460 --> 01:00:56,200
DOF Secretary Frederick D. Go: GA level. Most of the

445
01:00:56,200 --> 01:00:57,880
DOF Secretary Frederick D. Go: decrease is due to the 400 million

446
01:00:57,880 --> 01:00:59,820
DOF Secretary Frederick D. Go: allocation for the

447
01:00:59,820 --> 01:01:00,720
DOF Secretary Frederick D. Go: ADB-assisted

448
01:01:00,720 --> 01:01:03,940
DOF Secretary Frederick D. Go: LGRP in 2026 for which

449
01:01:03,940 --> 01:01:05,620
DOF Secretary Frederick D. Go: there is no corresponding provision in

450
01:01:05,620 --> 01:01:07,800
DOF Secretary Frederick D. Go: 2027 as the foreign-funded project

451
01:01:07,800 --> 01:01:08,900
DOF Secretary Frederick D. Go: nears its completion.

452
01:01:10,000 --> 01:01:11,720
DOF Secretary Frederick D. Go: The 2027 NEP also carries

453
01:01:11,720 --> 01:01:14,040
DOF Secretary Frederick D. Go: no new capital outlay for digitalization

454
01:01:14,040 --> 01:01:15,800
DOF Secretary Frederick D. Go: projects and transportation equipment

455
01:01:15,800 --> 01:01:17,500
DOF Secretary Frederick D. Go: that were funded in 2026.

456
01:01:18,540 --> 01:01:19,760
DOF Secretary Frederick D. Go: However, funding for

457
01:01:19,760 --> 01:01:21,580
DOF Secretary Frederick D. Go: the BLGF's regular personal services

458
01:01:21,580 --> 01:01:23,540
DOF Secretary Frederick D. Go: and operating requirements is higher than in

459
01:01:23,540 --> 01:01:25,680
DOF Secretary Frederick D. Go: 2026. The BLGF

460
01:01:25,680 --> 01:01:27,680
DOF Secretary Frederick D. Go: will nevertheless continue its core work on

461
01:01:27,680 --> 01:01:29,800
DOF Secretary Frederick D. Go: local revenue administration and fund management

462
01:01:29,800 --> 01:01:31,600
DOF Secretary Frederick D. Go: as well as the supervision of local

463
01:01:31,600 --> 01:01:33,640
DOF Secretary Frederick D. Go: treasury and assessment operations.

464
01:01:34,860 --> 01:01:35,580
DOF Secretary Frederick D. Go: Finally,

465
01:01:35,760 --> 01:01:37,820
DOF Secretary Frederick D. Go: the NTRC, PMO, and CBAA

466
01:01:37,820 --> 01:01:40,220
DOF Secretary Frederick D. Go: account for 0.96%

467
01:01:40,220 --> 01:01:41,300
DOF Secretary Frederick D. Go: of the DOF-wide

468
01:01:41,300 --> 01:01:43,220
DOF Secretary Frederick D. Go: 2027 NEP with a

469
01:01:43,220 --> 01:01:46,020
DOF Secretary Frederick D. Go: combined allocation of 307.9

470
01:01:46,020 --> 01:01:46,700
DOF Secretary Frederick D. Go: million pesos.

471
01:01:47,460 --> 01:01:49,580
DOF Secretary Frederick D. Go: The NTRC's 2027 level

472
01:01:49,580 --> 01:01:51,240
DOF Secretary Frederick D. Go: is 3.6% lower

473
01:01:51,240 --> 01:01:53,580
DOF Secretary Frederick D. Go: at 148.4 million

474
01:01:53,580 --> 01:01:55,380
DOF Secretary Frederick D. Go: pesos mainly due to the

475
01:01:55,380 --> 01:01:57,560
DOF Secretary Frederick D. Go: non-inclusion of capital outlay provisions

476
01:01:57,560 --> 01:01:59,520
DOF Secretary Frederick D. Go: for ICT equipment and motor vehicles

477
01:01:59,520 --> 01:02:01,080
DOF Secretary Frederick D. Go: in the 2027 NEP.

478
01:02:01,860 --> 01:02:03,100
DOF Secretary Frederick D. Go: The PMO's budget at

479
01:02:03,100 --> 01:02:05,100
DOF Secretary Frederick D. Go: 134.8 million pesos

480
01:02:05,100 --> 01:02:07,640
DOF Secretary Frederick D. Go: has a very minimal increase generally

481
01:02:07,640 --> 01:02:09,120
DOF Secretary Frederick D. Go: attributed to compensation

482
01:02:09,120 --> 01:02:10,620
DOF Secretary Frederick D. Go: adjustments.

483
01:02:11,520 --> 01:02:13,460
DOF Secretary Frederick D. Go: Similarly, the CBAA's proposed budget

484
01:02:13,460 --> 01:02:15,680
DOF Secretary Frederick D. Go: of 24.7 million pesos is higher

485
01:02:15,680 --> 01:02:16,960
DOF Secretary Frederick D. Go: mainly because of

486
01:02:16,960 --> 01:02:19,260
DOF Secretary Frederick D. Go: increased personnel services

487
01:02:19,260 --> 01:02:21,340
DOF Secretary Frederick D. Go: requirements under EO64.

488
01:02:23,340 --> 01:02:24,580
DOF Secretary Frederick D. Go: As I close,

489
01:02:25,420 --> 01:02:27,300
DOF Secretary Frederick D. Go: let me assure you that this budget proposal,

490
01:02:27,300 --> 01:02:29,060
DOF Secretary Frederick D. Go: adheres to the highest standards of

491
01:02:29,060 --> 01:02:30,000
DOF Secretary Frederick D. Go: fiscal discipline

492
01:02:30,000 --> 01:02:32,940
DOF Secretary Frederick D. Go: and prudent financial management.

493
01:02:33,380 --> 01:02:35,180
DOF Secretary Frederick D. Go: In fact, for five consecutive years,

494
01:02:35,300 --> 01:02:37,240
DOF Secretary Frederick D. Go: the DOF Office of the

495
01:02:37,240 --> 01:02:39,360
DOF Secretary Frederick D. Go: Secretary has earned an unmodified

496
01:02:39,360 --> 01:02:41,160
DOF Secretary Frederick D. Go: opinion from the Commission on Audit.

497
01:02:41,880 --> 01:02:43,220
DOF Secretary Frederick D. Go: This is a solid testament

498
01:02:43,220 --> 01:02:45,060
DOF Secretary Frederick D. Go: that the DOF

499
01:02:45,060 --> 01:02:47,120
DOF Secretary Frederick D. Go: raises, manages, and

500
01:02:47,120 --> 01:02:49,060
DOF Secretary Frederick D. Go: spends public funds with integrity,

501
01:02:49,500 --> 01:02:51,440
DOF Secretary Frederick D. Go: accountability, and utmost respect

502
01:02:51,440 --> 01:02:52,640
DOF Secretary Frederick D. Go: for every peso earned

503
01:02:52,640 --> 01:02:55,480
DOF Secretary Frederick D. Go: by the Filipino taxpayer.

504
01:02:55,480 --> 01:02:57,920
DOF Secretary Frederick D. Go: Beyond the size

505
01:02:57,920 --> 01:02:59,580
DOF Secretary Frederick D. Go: of our budget, we are equally

506
01:02:59,580 --> 01:03:01,280
DOF Secretary Frederick D. Go: mindful of how it is executed.

507
01:03:02,580 --> 01:03:03,680
DOF Secretary Frederick D. Go: At year-end

508
01:03:03,680 --> 01:03:05,760
DOF Secretary Frederick D. Go: 2025, the DOF-wide obligation

509
01:03:05,760 --> 01:03:07,660
DOF Secretary Frederick D. Go: rate stood at 87%,

510
01:03:07,660 --> 01:03:09,600
DOF Secretary Frederick D. Go: while 90% of its obligations

511
01:03:09,600 --> 01:03:11,740
DOF Secretary Frederick D. Go: has been disbursed.

512
01:03:13,280 --> 01:03:14,100
DOF Secretary Frederick D. Go: To update you

513
01:03:14,100 --> 01:03:15,680
DOF Secretary Frederick D. Go: on our current year performance, as of

514
01:03:15,680 --> 01:03:17,640
DOF Secretary Frederick D. Go: July 31, 2026, the Department,

515
01:03:17,800 --> 01:03:19,540
DOF Secretary Frederick D. Go: its bureaus, and attached agencies had

516
01:03:19,540 --> 01:03:21,540
DOF Secretary Frederick D. Go: obligated 49%

517
01:03:21,540 --> 01:03:23,440
DOF Secretary Frederick D. Go: of available allotments under the

518
01:03:23,440 --> 01:03:25,460
DOF Secretary Frederick D. Go: 2026 GAA. Of these

519
01:03:25,460 --> 01:03:27,540
DOF Secretary Frederick D. Go: obligations, 75% had

520
01:03:27,540 --> 01:03:28,540
DOF Secretary Frederick D. Go: already been disbursed.

521
01:03:29,380 --> 01:03:31,500
DOF Secretary Frederick D. Go: In the DOF, we understand that good

522
01:03:31,500 --> 01:03:33,460
DOF Secretary Frederick D. Go: budget execution requires both timely

523
01:03:33,460 --> 01:03:35,580
DOF Secretary Frederick D. Go: implementation and prudent use of public

524
01:03:35,580 --> 01:03:37,520
DOF Secretary Frederick D. Go: funds. That same discipline

525
01:03:37,520 --> 01:03:39,640
DOF Secretary Frederick D. Go: applies to our day-to-day operations.

526
01:03:40,300 --> 01:03:41,400
DOF Secretary Frederick D. Go: We continue to observe

527
01:03:41,400 --> 01:03:43,260
DOF Secretary Frederick D. Go: government-wide measures and energy

528
01:03:43,260 --> 01:03:45,460
DOF Secretary Frederick D. Go: conservation, prudent official

529
01:03:45,460 --> 01:03:47,620
DOF Secretary Frederick D. Go: travel, without compromising

530
01:03:47,620 --> 01:03:49,180
DOF Secretary Frederick D. Go: public service delivery.

531
01:03:50,560 --> 01:03:51,480
DOF Secretary Frederick D. Go: Mr. Chair, the

532
01:03:51,480 --> 01:03:53,460
DOF Secretary Frederick D. Go: DOF may operate on a budget of 32

533
01:03:53,460 --> 01:03:55,200
DOF Secretary Frederick D. Go: billion pesos, but we are responsible.

534
01:03:55,460 --> 01:03:57,420
DOF Secretary Frederick D. Go: For raising and

535
01:03:57,420 --> 01:03:59,200
DOF Secretary Frederick D. Go: managing resources measured in

536
01:03:59,200 --> 01:04:00,960
DOF Secretary Frederick D. Go: trillions. Our

537
01:04:00,960 --> 01:04:03,360
DOF Secretary Frederick D. Go: 2027 budget is built around three priorities,

538
01:04:03,680 --> 01:04:05,480
DOF Secretary Frederick D. Go: strengthen revenue collection, modernize

539
01:04:05,480 --> 01:04:07,520
DOF Secretary Frederick D. Go: our systems and capabilities, and protect

540
01:04:07,520 --> 01:04:09,040
DOF Secretary Frederick D. Go: the country's fiscal position.

541
01:04:09,780 --> 01:04:11,300
DOF Secretary Frederick D. Go: We will continue to operate with

542
01:04:11,300 --> 01:04:13,220
DOF Secretary Frederick D. Go: discipline, executed

543
01:04:13,220 --> 01:04:15,180
DOF Secretary Frederick D. Go: accountability, and invest where we can deliver

544
01:04:15,180 --> 01:04:17,460
DOF Secretary Frederick D. Go: measurable value. We are not asking

545
01:04:17,460 --> 01:04:19,420
DOF Secretary Frederick D. Go: the government to spend more

546
01:04:19,420 --> 01:04:21,520
DOF Secretary Frederick D. Go: or less. We are asking

547
01:04:21,520 --> 01:04:23,100
DOF Secretary Frederick D. Go: that every peso do

548
01:04:23,100 --> 01:04:25,420
DOF Secretary Frederick D. Go: more. This is

549
01:04:25,420 --> 01:04:27,000
DOF Secretary Frederick D. Go: the standard we will hold ourselves

550
01:04:27,000 --> 01:04:29,320
DOF Secretary Frederick D. Go: to in 2027

551
01:04:29,320 --> 01:04:31,240
DOF Secretary Frederick D. Go: and that is our commitment to the Filipino

552
01:04:31,240 --> 01:04:33,340
DOF Secretary Frederick D. Go: people. Thank you, Mr. Chair and

553
01:04:33,340 --> 01:04:35,340
DOF Secretary Frederick D. Go: members of the committee. Together with

554
01:04:35,340 --> 01:04:37,380
DOF Secretary Frederick D. Go: all the heads of the bureaus and attached

555
01:04:37,380 --> 01:04:39,660
DOF Secretary Frederick D. Go: agencies of the Department of Finance,

556
01:04:40,160 --> 01:04:41,320
DOF Secretary Frederick D. Go: we are ready to respond

557
01:04:41,320 --> 01:04:42,770
DOF Secretary Frederick D. Go: to your questions.

558
01:04:42,770 --> 01:04:43,460
Senator Joseph Victor "JV" G. Ejercito: Thank you,

559
01:04:43,700 --> 01:04:45,020
Senator Joseph Victor "JV" G. Ejercito: Secretary Frederick Go.

560
01:04:45,640 --> 01:04:47,200
Senator Joseph Victor "JV" G. Ejercito: At this juncture, before

561
01:04:47,200 --> 01:04:49,660
Senator Joseph Victor "JV" G. Ejercito: we proceed to the questions

562
01:04:49,660 --> 01:04:50,980
Senator Joseph Victor "JV" G. Ejercito: of our colleagues,

563
01:04:51,620 --> 01:04:53,340
Senator Joseph Victor "JV" G. Ejercito: the Chair would like to recognize

564
01:04:53,340 --> 01:04:55,340
Senator Joseph Victor "JV" G. Ejercito: the presence of Senator Erwin Tulfo.

565
01:04:55,420 --> 01:04:57,100
Senator Joseph Victor "JV" G. Ejercito: Thank you, sir, for joining us. You may

566
01:04:57,100 --> 01:04:59,540
Senator Joseph Victor "JV" G. Ejercito: want to make

567
01:04:59,540 --> 01:05:00,800
Senator Joseph Victor "JV" G. Ejercito: an opening statement.

568
01:05:00,800 --> 01:05:01,480
Senator Erwin Tulfo: Thank you, Mr. Chair.

569
01:05:01,680 --> 01:05:02,980
Senator Erwin Tulfo: Actually, I have a hearing

570
01:05:02,980 --> 01:05:05,400
Senator Erwin Tulfo: next door with the

571
01:05:05,400 --> 01:05:07,020
Senator Erwin Tulfo: Philippine Reclamation Authority.

572
01:05:07,560 --> 01:05:08,340
Senator Erwin Tulfo: I'd just like to

573
01:05:08,340 --> 01:05:11,260
Senator Erwin Tulfo: support

574
01:05:11,260 --> 01:05:12,640
Senator Erwin Tulfo: Mr. Chairman

575
01:05:12,640 --> 01:05:15,260
Senator Erwin Tulfo: the budget requested

576
01:05:15,260 --> 01:05:16,780
Senator Erwin Tulfo: by the Department of Finance.

577
01:05:18,640 --> 01:05:21,420
Senator Erwin Tulfo: I noticed that there

578
01:05:21,420 --> 01:05:22,160
Senator Erwin Tulfo: will be some

579
01:05:22,160 --> 01:05:24,220
Senator Erwin Tulfo: or binawasan po

580
01:05:24,220 --> 01:05:25,060
Senator Erwin Tulfo: yung budget.

581
01:05:25,420 --> 01:05:27,100
Senator Erwin Tulfo: But I am for

582
01:05:27,100 --> 01:05:29,280
Senator Erwin Tulfo: I am for

583
01:05:29,280 --> 01:05:31,740
Senator Erwin Tulfo: actually, I support

584
01:05:31,740 --> 01:05:33,620
Senator Erwin Tulfo: the budget, their budget proposal

585
01:05:33,620 --> 01:05:35,700
Senator Erwin Tulfo: for next year. And I believe, Mr.

586
01:05:35,840 --> 01:05:37,000
Senator Erwin Tulfo: Chair, my own opinion,

587
01:05:37,620 --> 01:05:39,920
Senator Erwin Tulfo: since they're our money-making

588
01:05:39,920 --> 01:05:41,420
Senator Erwin Tulfo: agency, they're the ones,

589
01:05:41,960 --> 01:05:43,580
Senator Erwin Tulfo: they're the backbone of our

590
01:05:43,580 --> 01:05:45,700
Senator Erwin Tulfo: Ikanga funds for

591
01:05:45,700 --> 01:05:47,680
Senator Erwin Tulfo: next year, then why don't we give them

592
01:05:47,680 --> 01:05:49,580
Senator Erwin Tulfo: what they want and perhaps even

593
01:05:49,580 --> 01:05:50,380
Senator Erwin Tulfo: increase

594
01:05:50,380 --> 01:05:53,660
Senator Erwin Tulfo: what was our putback, what

595
01:05:53,660 --> 01:05:55,300
Senator Erwin Tulfo: was taken from them, from their

596
01:05:55,300 --> 01:05:57,220
Senator Erwin Tulfo: budget. Thank you, Mr. Chairman.

597
01:05:57,740 --> 01:05:59,340
Senator Joseph Victor "JV" G. Ejercito: Thank you, Senator

598
01:05:59,340 --> 01:05:59,860
Senator Joseph Victor "JV" G. Ejercito: Tulfo.

599
01:06:01,100 --> 01:06:03,080
Senator Joseph Victor "JV" G. Ejercito: Well, most agencies received

600
01:06:03,080 --> 01:06:04,940
Senator Joseph Victor "JV" G. Ejercito: Yes, Secretary Fred

601
01:06:04,940 --> 01:06:06,460
Senator Joseph Victor "JV" G. Ejercito: Go.

602
01:06:06,460 --> 01:06:07,140
DOF Secretary Frederick D. Go: Thank you, Mr.

603
01:06:07,240 --> 01:06:09,300
DOF Secretary Frederick D. Go: Chair. I'd like to respond. I'd like to express

604
01:06:09,300 --> 01:06:11,220
DOF Secretary Frederick D. Go: my sincerest appreciation and gratitude

605
01:06:11,220 --> 01:06:13,020
DOF Secretary Frederick D. Go: for the statement made by Senator

606
01:06:13,020 --> 01:06:14,300
DOF Secretary Frederick D. Go: Erwin Tulfo.

607
01:06:15,620 --> 01:06:17,260
DOF Secretary Frederick D. Go: We really appreciate what

608
01:06:17,260 --> 01:06:19,120
DOF Secretary Frederick D. Go: you just said. As a matter of fact, before you

609
01:06:19,120 --> 01:06:21,260
DOF Secretary Frederick D. Go: stepped in, Mr. Senator,

610
01:06:21,260 --> 01:06:23,180
DOF Secretary Frederick D. Go: we actually mentioned that

611
01:06:23,180 --> 01:06:25,220
DOF Secretary Frederick D. Go: the budget of the BIR is

612
01:06:25,220 --> 01:06:26,760
DOF Secretary Frederick D. Go: only equivalent to two days

613
01:06:26,760 --> 01:06:29,020
DOF Secretary Frederick D. Go: collection and the budget of the

614
01:06:29,020 --> 01:06:30,840
DOF Secretary Frederick D. Go: Bureau of Customs is only equivalent to

615
01:06:30,840 --> 01:06:32,580
DOF Secretary Frederick D. Go: two days of collection

616
01:06:32,580 --> 01:06:35,180
DOF Secretary Frederick D. Go: and the DOF is actually

617
01:06:35,180 --> 01:06:37,140
DOF Secretary Frederick D. Go: we actually even received a

618
01:06:37,140 --> 01:06:38,840
DOF Secretary Frederick D. Go: NEP that had several

619
01:06:38,840 --> 01:06:40,640
DOF Secretary Frederick D. Go: reductions from our

620
01:06:40,640 --> 01:06:42,860
DOF Secretary Frederick D. Go: 2026 levels.

621
01:06:43,500 --> 01:06:44,450
DOF Secretary Frederick D. Go: Thank you.

622
01:06:44,450 --> 01:06:45,120
Senator Erwin Tulfo: You're welcome,

623
01:06:45,660 --> 01:06:46,040
Senator Erwin Tulfo: Mr. Chair.

624
01:06:46,880 --> 01:06:48,580
Senator Joseph Victor "JV" G. Ejercito: Thank you, Senator Tulfo.

625
01:06:48,940 --> 01:06:51,020
Senator Joseph Victor "JV" G. Ejercito: Actually, there are ongoing

626
01:06:51,020 --> 01:06:52,940
Senator Joseph Victor "JV" G. Ejercito: budget hearings also. Senator Tulfo

627
01:06:52,940 --> 01:06:55,200
Senator Joseph Victor "JV" G. Ejercito: will be chairing budget

628
01:06:55,220 --> 01:06:56,880
Senator Joseph Victor "JV" G. Ejercito: hearings of several

629
01:06:56,880 --> 01:06:59,280
Senator Joseph Victor "JV" G. Ejercito: agencies. First to ask

630
01:06:59,280 --> 01:07:00,800
Senator Joseph Victor "JV" G. Ejercito: questions, first to arrive is of course

631
01:07:00,800 --> 01:07:03,000
Senator Joseph Victor "JV" G. Ejercito: Senator Francis Kiko

632
01:07:03,000 --> 01:07:04,500
Senator Joseph Victor "JV" G. Ejercito: Pangilinan. Sir, you go ahead with your

633
01:07:04,500 --> 01:07:05,390
Senator Joseph Victor "JV" G. Ejercito: questions.

634
01:07:05,390 --> 01:07:06,540
Senator Francis Kiko Pangilinan: Thank you,

635
01:07:07,100 --> 01:07:08,780
Senator Francis Kiko Pangilinan: Chairperson JV,

636
01:07:09,080 --> 01:07:11,160
Senator Francis Kiko Pangilinan: Senator JV. Magandang

637
01:07:11,160 --> 01:07:12,600
Senator Francis Kiko Pangilinan: hapon sa kanilang lahat.

638
01:07:13,960 --> 01:07:15,100
Senator Francis Kiko Pangilinan: I'd like to focus on

639
01:07:15,100 --> 01:07:16,220
Senator Francis Kiko Pangilinan: a few items.

640
01:07:17,780 --> 01:07:19,260
Senator Francis Kiko Pangilinan: First would be the

641
01:07:19,260 --> 01:07:23,280
Senator Francis Kiko Pangilinan: how much do we lose to smuggling?

642
01:07:23,280 --> 01:07:25,200
Senator Francis Kiko Pangilinan: What is the status of?

643
01:07:25,220 --> 01:07:26,060
Senator Francis Kiko Pangilinan: The single window

644
01:07:26,060 --> 01:07:27,960
Senator Francis Kiko Pangilinan: project?

645
01:07:28,700 --> 01:07:31,440
Senator Francis Kiko Pangilinan: When do you expect it to be fully operational?

646
01:07:32,400 --> 01:07:33,040
Senator Francis Kiko Pangilinan: I remember

647
01:07:33,040 --> 01:07:33,900
Senator Francis Kiko Pangilinan: in last

648
01:07:33,900 --> 01:07:37,160
Senator Francis Kiko Pangilinan: last budget

649
01:07:37,160 --> 01:07:38,940
Senator Francis Kiko Pangilinan: season, the estimate

650
01:07:38,940 --> 01:07:41,380
Senator Francis Kiko Pangilinan: losses in smuggling

651
01:07:41,380 --> 01:07:43,260
Senator Francis Kiko Pangilinan: was about 160

652
01:07:43,260 --> 01:07:44,620
Senator Francis Kiko Pangilinan: 170 billion.

653
01:07:45,480 --> 01:07:47,120
Senator Francis Kiko Pangilinan: I don't know if that's updated.

654
01:07:47,640 --> 01:07:49,200
Senator Francis Kiko Pangilinan: Do you have estimates

655
01:07:49,200 --> 01:07:51,240
Senator Francis Kiko Pangilinan: and what is the status

656
01:07:51,240 --> 01:07:53,300
Senator Francis Kiko Pangilinan: of the law

657
01:07:53,300 --> 01:07:54,960
Senator Francis Kiko Pangilinan: that mandates a single window?

658
01:07:55,220 --> 01:07:56,480
Senator Francis Kiko Pangilinan: I say this because

659
01:07:56,480 --> 01:07:59,300
Senator Francis Kiko Pangilinan: well, precisely

660
01:07:59,300 --> 01:08:01,120
Senator Francis Kiko Pangilinan: when you have the single window, then

661
01:08:01,120 --> 01:08:03,140
Senator Francis Kiko Pangilinan: your document,

662
01:08:03,400 --> 01:08:03,820
Senator Francis Kiko Pangilinan: there is

663
01:08:03,820 --> 01:08:07,300
Senator Francis Kiko Pangilinan: a paper trail as to

664
01:08:07,300 --> 01:08:09,360
Senator Francis Kiko Pangilinan: what comes in, what comes out.

665
01:08:10,000 --> 01:08:10,460
Senator Francis Kiko Pangilinan: Clearly,

666
01:08:11,060 --> 01:08:13,380
Senator Francis Kiko Pangilinan: we will

667
01:08:13,380 --> 01:08:14,360
Senator Francis Kiko Pangilinan: do away with.

668
01:08:16,600 --> 01:08:17,280
Senator Francis Kiko Pangilinan: Nagtuturoan,

669
01:08:18,000 --> 01:08:19,960
Senator Francis Kiko Pangilinan: iba-iba ang dokumento,

670
01:08:20,540 --> 01:08:21,380
Senator Francis Kiko Pangilinan: iba sinasabi

671
01:08:21,380 --> 01:08:23,020
Senator Francis Kiko Pangilinan: ng BOC,

672
01:08:23,140 --> 01:08:24,460
Senator Francis Kiko Pangilinan: iba sinasabi ng DA.

673
01:08:25,220 --> 01:08:29,960
Senator Francis Kiko Pangilinan: I remember

674
01:08:29,960 --> 01:08:32,720
Senator Francis Kiko Pangilinan: a simple concept

675
01:08:32,720 --> 01:08:33,960
Senator Francis Kiko Pangilinan: of single window is

676
01:08:33,960 --> 01:08:35,500
Senator Francis Kiko Pangilinan: when I was

677
01:08:35,500 --> 01:08:37,000
Senator Francis Kiko Pangilinan: food security secretary

678
01:08:37,000 --> 01:08:39,900
Senator Francis Kiko Pangilinan: and chairman

679
01:08:39,900 --> 01:08:41,200
Senator Francis Kiko Pangilinan: of the board of NFA,

680
01:08:42,360 --> 01:08:43,920
Senator Francis Kiko Pangilinan: I was

681
01:08:43,920 --> 01:08:45,980
Senator Francis Kiko Pangilinan: perplexed that the BOC

682
01:08:45,980 --> 01:08:48,040
Senator Francis Kiko Pangilinan: had a different

683
01:08:48,040 --> 01:08:49,960
Senator Francis Kiko Pangilinan: set of documents for rice

684
01:08:49,960 --> 01:08:50,660
Senator Francis Kiko Pangilinan: importation

685
01:08:50,660 --> 01:08:53,840
Senator Francis Kiko Pangilinan: compared to the

686
01:08:53,840 --> 01:08:54,960
Senator Francis Kiko Pangilinan: NFA.

687
01:08:55,220 --> 01:08:56,460
Senator Francis Kiko Pangilinan: Which then had a

688
01:08:56,460 --> 01:08:57,660
Senator Francis Kiko Pangilinan: monopoly.

689
01:08:57,660 --> 01:08:59,380
Senator Francis Kiko Pangilinan: They weren't sharing

690
01:08:59,380 --> 01:09:01,740
Senator Francis Kiko Pangilinan: information when I stepped in.

691
01:09:02,680 --> 01:09:03,500
Senator Francis Kiko Pangilinan: So much so that

692
01:09:03,500 --> 01:09:06,000
Senator Francis Kiko Pangilinan: when the BOC

693
01:09:06,000 --> 01:09:07,680
Senator Francis Kiko Pangilinan: seizes

694
01:09:07,680 --> 01:09:09,720
Senator Francis Kiko Pangilinan: what

695
01:09:09,720 --> 01:09:11,780
Senator Francis Kiko Pangilinan: was reported to be

696
01:09:11,780 --> 01:09:12,340
Senator Francis Kiko Pangilinan: illegally

697
01:09:12,340 --> 01:09:14,800
Senator Francis Kiko Pangilinan: smuggled rice,

698
01:09:15,840 --> 01:09:17,720
Senator Francis Kiko Pangilinan: ang kwento nun is

699
01:09:17,720 --> 01:09:19,320
Senator Francis Kiko Pangilinan: biglang lalabas yung

700
01:09:19,320 --> 01:09:21,560
Senator Francis Kiko Pangilinan: NFA with a document

701
01:09:21,560 --> 01:09:23,520
Senator Francis Kiko Pangilinan: saying they have a permit.

702
01:09:25,220 --> 01:09:26,980
Senator Francis Kiko Pangilinan: In other words,

703
01:09:27,880 --> 01:09:31,280
Senator Francis Kiko Pangilinan: they were siloing.

704
01:09:31,280 --> 01:09:33,680
Senator Francis Kiko Pangilinan: So what we just,

705
01:09:33,760 --> 01:09:34,260
Senator Francis Kiko Pangilinan: a simple

706
01:09:34,260 --> 01:09:36,700
Senator Francis Kiko Pangilinan: setup was,

707
01:09:37,200 --> 01:09:39,400
Senator Francis Kiko Pangilinan: I told then the late Bertlina

708
01:09:39,400 --> 01:09:41,160
Senator Francis Kiko Pangilinan: and the administrator

709
01:09:41,160 --> 01:09:42,080
Senator Francis Kiko Pangilinan: of NFA

710
01:09:42,080 --> 01:09:44,480
Senator Francis Kiko Pangilinan: that we have one

711
01:09:44,480 --> 01:09:46,320
Senator Francis Kiko Pangilinan: document.

712
01:09:46,760 --> 01:09:47,620
Senator Francis Kiko Pangilinan: Same document.

713
01:09:48,260 --> 01:09:49,920
Senator Francis Kiko Pangilinan: We shared the same document because

714
01:09:49,920 --> 01:09:52,000
Senator Francis Kiko Pangilinan: then it was the

715
01:09:52,000 --> 01:09:54,500
Senator Francis Kiko Pangilinan: NFA that would approve the permits.

716
01:09:55,220 --> 01:09:56,220
Senator Francis Kiko Pangilinan: And then,

717
01:09:56,600 --> 01:09:59,440
Senator Francis Kiko Pangilinan: and therefore they had copies of the

718
01:09:59,440 --> 01:10:00,940
Senator Francis Kiko Pangilinan: what was legally

719
01:10:00,940 --> 01:10:02,460
Senator Francis Kiko Pangilinan: imported rice.

720
01:10:03,460 --> 01:10:04,940
Senator Francis Kiko Pangilinan: So we said,

721
01:10:05,260 --> 01:10:06,600
Senator Francis Kiko Pangilinan: we shared it with the BOC.

722
01:10:08,540 --> 01:10:09,820
Senator Francis Kiko Pangilinan: And lo and behold,

723
01:10:10,380 --> 01:10:11,880
Senator Francis Kiko Pangilinan: you know, we were confiscating

724
01:10:11,880 --> 01:10:14,160
Senator Francis Kiko Pangilinan: 400 million, 500 million

725
01:10:14,160 --> 01:10:15,760
Senator Francis Kiko Pangilinan: worth of illegally

726
01:10:15,760 --> 01:10:18,080
Senator Francis Kiko Pangilinan: imported rice because we had one document.

727
01:10:18,540 --> 01:10:20,040
Senator Francis Kiko Pangilinan: And that's the whole principle of the

728
01:10:20,040 --> 01:10:20,740
Senator Francis Kiko Pangilinan: single window.

729
01:10:22,100 --> 01:10:23,920
Senator Francis Kiko Pangilinan: And that's how you address smuggling.

730
01:10:23,920 --> 01:10:24,720
Senator Francis Kiko Pangilinan: So anyway,

731
01:10:25,220 --> 01:10:27,120
Senator Francis Kiko Pangilinan: how much is the estimated

732
01:10:27,120 --> 01:10:29,720
Senator Francis Kiko Pangilinan: losses in terms of

733
01:10:29,720 --> 01:10:31,280
Senator Francis Kiko Pangilinan: tariffs, in terms of

734
01:10:31,280 --> 01:10:33,680
Senator Francis Kiko Pangilinan: duties

735
01:10:33,680 --> 01:10:35,540
Senator Francis Kiko Pangilinan: to smuggling?

736
01:10:36,300 --> 01:10:37,780
Senator Francis Kiko Pangilinan: And what is the

737
01:10:37,780 --> 01:10:38,760
Senator Francis Kiko Pangilinan: status of the single

738
01:10:38,760 --> 01:10:41,820
Senator Francis Kiko Pangilinan: window project?

739
01:10:42,360 --> 01:10:43,540
DOF Secretary Frederick D. Go: Yes, Mr. Vice Chair.

740
01:10:44,160 --> 01:10:45,040
DOF Secretary Frederick D. Go: Thank you.

741
01:10:45,480 --> 01:10:49,860
DOF Secretary Frederick D. Go: I will ask the Commissioner of Customs

742
01:10:49,860 --> 01:10:51,320
DOF Secretary Frederick D. Go: to answer your first question.

743
01:10:51,320 --> 01:10:53,460
DOF Secretary Frederick D. Go: And then I will ask the Undersecretary

744
01:10:53,460 --> 01:10:54,700
DOF Secretary Frederick D. Go: for Revenue Operations,

745
01:10:55,220 --> 01:10:57,000
DOF Secretary Frederick D. Go: to answer your second question.

746
01:10:57,200 --> 01:10:59,220
DOF Secretary Frederick D. Go: But before I pass the

747
01:10:59,220 --> 01:11:00,460
DOF Secretary Frederick D. Go: microphone to them,

748
01:11:01,000 --> 01:11:02,580
DOF Secretary Frederick D. Go: I'd just like to say that I

749
01:11:02,580 --> 01:11:04,260
DOF Secretary Frederick D. Go: totally agree with you

750
01:11:04,260 --> 01:11:06,820
DOF Secretary Frederick D. Go: on the National Single Window

751
01:11:06,820 --> 01:11:09,060
DOF Secretary Frederick D. Go: platform. As a matter of fact,

752
01:11:09,120 --> 01:11:10,780
DOF Secretary Frederick D. Go: I have been following that up

753
01:11:10,780 --> 01:11:13,680
DOF Secretary Frederick D. Go: periodically

754
01:11:13,680 --> 01:11:15,620
DOF Secretary Frederick D. Go: with consistency

755
01:11:15,620 --> 01:11:17,020
DOF Secretary Frederick D. Go: because I really believe that

756
01:11:17,020 --> 01:11:19,040
DOF Secretary Frederick D. Go: that National Single Window will be the key

757
01:11:19,040 --> 01:11:21,580
DOF Secretary Frederick D. Go: to credible information.

758
01:11:23,880 --> 01:11:24,520
DOF Secretary Frederick D. Go: And

759
01:11:24,520 --> 01:11:32,580
DOF Secretary Frederick D. Go: it just simply put makes a lot of sense that is how a lot of the

760
01:11:32,580 --> 01:11:37,360
DOF Secretary Frederick D. Go: better managed countries manage the information of importation.

761
01:11:38,460 --> 01:11:40,420
DOF Secretary Frederick D. Go: It won't make sense to those who are

762
01:11:41,500 --> 01:11:48,460
DOF Secretary Frederick D. Go: smuggling and benefiting from the illegal entry of goods or

763
01:11:50,660 --> 01:11:51,680
DOF Secretary Frederick D. Go: smuggle goods.

764
01:11:51,680 --> 01:11:54,320
DOF Secretary Frederick D. Go: And that's probably why it's not working because, for example,

765
01:11:54,320 --> 01:11:55,540
DOF Secretary Frederick D. Go: Because for as long as those

766
01:11:55,540 --> 01:11:56,720
DOF Secretary Frederick D. Go: who don't want it to work

767
01:11:56,720 --> 01:11:58,360
DOF Secretary Frederick D. Go: consider it,

768
01:11:59,520 --> 01:12:01,540
DOF Secretary Frederick D. Go: there might be efforts to...

769
01:12:04,440 --> 01:12:07,440
Senator Francis Kiko Pangilinan: So, yes.

770
01:12:07,720 --> 01:12:09,880
Senator Francis Kiko Pangilinan: But thank you for putting that on record

771
01:12:09,880 --> 01:12:11,100
Senator Francis Kiko Pangilinan: that it makes sense,

772
01:12:11,900 --> 01:12:13,640
Senator Francis Kiko Pangilinan: especially for us in government,

773
01:12:14,080 --> 01:12:17,920
Senator Francis Kiko Pangilinan: to ensure better revenue

774
01:12:17,920 --> 01:12:20,520
Senator Francis Kiko Pangilinan: through duties and customs duties

775
01:12:20,520 --> 01:12:24,300
Senator Francis Kiko Pangilinan: and other, you know.

776
01:12:25,440 --> 01:12:26,380
Senator Francis Kiko Pangilinan: Yeah, go ahead, please.

777
01:12:27,600 --> 01:12:29,240
BOC Commissioner Ariel F. Nepomuceno: Thank you, Mr. Chair,

778
01:12:29,320 --> 01:12:30,700
BOC Commissioner Ariel F. Nepomuceno: and Senator Kiko.

779
01:12:31,000 --> 01:12:32,540
Senator Francis Kiko Pangilinan: Before that, thank you for filing

780
01:12:32,540 --> 01:12:34,040
Senator Francis Kiko Pangilinan: the cases against Berches.

781
01:12:34,700 --> 01:12:36,600
Senator Francis Kiko Pangilinan: But my follow-up question later is

782
01:12:36,600 --> 01:12:39,740
Senator Francis Kiko Pangilinan: what about ECPB and the other...

783
01:12:39,740 --> 01:12:40,140
BOC Commissioner Ariel F. Nepomuceno: Yes, sir.

784
01:12:41,380 --> 01:12:42,300
Senator Francis Kiko Pangilinan: ...those involved?

785
01:12:42,600 --> 01:12:44,400
Senator Francis Kiko Pangilinan: Similarly, the evidence was all there.

786
01:12:44,460 --> 01:12:45,280
Senator Francis Kiko Pangilinan: But go ahead, please.

787
01:12:45,900 --> 01:12:47,300
BOC Commissioner Ariel F. Nepomuceno: I'll answer the first question

788
01:12:47,300 --> 01:12:48,240
BOC Commissioner Ariel F. Nepomuceno: regarding the estimates.

789
01:12:48,240 --> 01:12:50,460
BOC Commissioner Ariel F. Nepomuceno: And if I can, Mr. Senator,

790
01:12:50,640 --> 01:12:51,320
BOC Commissioner Ariel F. Nepomuceno: pitch in a bit

791
01:12:51,320 --> 01:12:53,280
BOC Commissioner Ariel F. Nepomuceno: with regard to the second question

792
01:12:53,280 --> 01:12:54,740
BOC Commissioner Ariel F. Nepomuceno: on the NSW

793
01:12:54,740 --> 01:12:56,360
BOC Commissioner Ariel F. Nepomuceno: so we can put context

794
01:12:56,360 --> 01:12:57,820
BOC Commissioner Ariel F. Nepomuceno: on what's going on right now

795
01:12:57,820 --> 01:12:58,520
BOC Commissioner Ariel F. Nepomuceno: with this project

796
01:12:58,520 --> 01:13:00,300
BOC Commissioner Ariel F. Nepomuceno: insofar as BOC is concerned.

797
01:13:01,120 --> 01:13:04,320
BOC Commissioner Ariel F. Nepomuceno: Your Honor, with regard to the estimates,

798
01:13:05,220 --> 01:13:09,460
BOC Commissioner Ariel F. Nepomuceno: there are various briefings that I had.

799
01:13:10,060 --> 01:13:11,920
BOC Commissioner Ariel F. Nepomuceno: The most conservative with regard to this

800
01:13:11,920 --> 01:13:13,960
BOC Commissioner Ariel F. Nepomuceno: is that we're losing a minimum

801
01:13:13,960 --> 01:13:15,840
BOC Commissioner Ariel F. Nepomuceno: of 30 billion pesos minimum.

802
01:13:16,900 --> 01:13:18,060
BOC Commissioner Ariel F. Nepomuceno: When I asked,

803
01:13:19,180 --> 01:13:20,380
BOC Commissioner Ariel F. Nepomuceno: why is this?

804
01:13:20,520 --> 01:13:22,280
BOC Commissioner Ariel F. Nepomuceno: Different from the 100 billion plus

805
01:13:22,280 --> 01:13:23,640
BOC Commissioner Ariel F. Nepomuceno: that I heard over the news,

806
01:13:24,200 --> 01:13:25,540
BOC Commissioner Ariel F. Nepomuceno: the explanations, of course,

807
01:13:25,680 --> 01:13:28,780
BOC Commissioner Ariel F. Nepomuceno: were the discrepancies might be attributed

808
01:13:28,780 --> 01:13:30,440
BOC Commissioner Ariel F. Nepomuceno: to the existence of,

809
01:13:31,020 --> 01:13:32,660
BOC Commissioner Ariel F. Nepomuceno: for example, the economic zones

810
01:13:32,660 --> 01:13:36,080
BOC Commissioner Ariel F. Nepomuceno: wherein the data coming from

811
01:13:36,080 --> 01:13:38,980
BOC Commissioner Ariel F. Nepomuceno: other international agencies

812
01:13:38,980 --> 01:13:43,520
BOC Commissioner Ariel F. Nepomuceno: did not account for the imports

813
01:13:43,520 --> 01:13:46,500
BOC Commissioner Ariel F. Nepomuceno: that would go directly to the export zones,

814
01:13:46,500 --> 01:13:50,500
BOC Commissioner Ariel F. Nepomuceno: which are supposed to be not intended to...

815
01:13:50,520 --> 01:13:51,980
BOC Commissioner Ariel F. Nepomuceno: The raw materials being used

816
01:13:51,980 --> 01:13:54,040
BOC Commissioner Ariel F. Nepomuceno: are not intended to be sold locally.

817
01:13:54,420 --> 01:13:55,880
BOC Commissioner Ariel F. Nepomuceno: So may describe pan silang po doon.

818
01:13:55,940 --> 01:13:56,420
BOC Commissioner Ariel F. Nepomuceno: But still,

819
01:13:57,060 --> 01:13:59,100
BOC Commissioner Ariel F. Nepomuceno: even with the estimate of 30 billion,

820
01:13:59,200 --> 01:14:00,360
BOC Commissioner Ariel F. Nepomuceno: 30 billion is still huge,

821
01:14:00,860 --> 01:14:02,240
BOC Commissioner Ariel F. Nepomuceno: even if it's the most conservative

822
01:14:02,240 --> 01:14:04,840
BOC Commissioner Ariel F. Nepomuceno: available information.

823
01:14:05,560 --> 01:14:08,520
BOC Commissioner Ariel F. Nepomuceno: But with regard to the second question...

824
01:14:09,600 --> 01:14:11,080
Senator Francis Kiko Pangilinan: Just to clarify, Commissioner,

825
01:14:11,380 --> 01:14:12,380
Senator Francis Kiko Pangilinan: how many...

826
01:14:12,380 --> 01:14:13,200
Senator Francis Kiko Pangilinan: What is your estimate

827
01:14:13,200 --> 01:14:15,560
Senator Francis Kiko Pangilinan: of the number of containers

828
01:14:15,560 --> 01:14:17,960
Senator Francis Kiko Pangilinan: that enter the country on a daily basis?

829
01:14:17,960 --> 01:14:19,900
Senator Francis Kiko Pangilinan: About 5,000? 6,000?

830
01:14:20,520 --> 01:14:23,300
BOC Commissioner Ariel F. Nepomuceno: 2 million a year,

831
01:14:23,440 --> 01:14:24,840
BOC Commissioner Ariel F. Nepomuceno: so divided by 360.

832
01:14:25,560 --> 01:14:27,000
BOC Commissioner Ariel F. Nepomuceno: That's 80,000, right?

833
01:14:27,420 --> 01:14:28,740
BOC Commissioner Ariel F. Nepomuceno: Roughly 80,000.

834
01:14:29,000 --> 01:14:31,700
BOC Commissioner Ariel F. Nepomuceno: We call it, Mr. Senator, TEUs.

835
01:14:31,960 --> 01:14:33,200
BOC Commissioner Ariel F. Nepomuceno: TEUs would represent

836
01:14:33,200 --> 01:14:35,500
BOC Commissioner Ariel F. Nepomuceno: yung debente or 20-footer container.

837
01:14:35,760 --> 01:14:36,100
Senator Francis Kiko Pangilinan: Yes.

838
01:14:36,800 --> 01:14:39,020
Senator Francis Kiko Pangilinan: So if that's 2 million a year,

839
01:14:39,900 --> 01:14:42,860
Senator Francis Kiko Pangilinan: a day.

840
01:14:43,400 --> 01:14:45,720
Senator Francis Kiko Pangilinan: About 5,500 a day.

841
01:14:45,960 --> 01:14:46,320
BOC Commissioner Ariel F. Nepomuceno: A day.

842
01:14:46,320 --> 01:14:49,720
Senator Francis Kiko Pangilinan: And clearly,

843
01:14:50,520 --> 01:14:53,260
Senator Francis Kiko Pangilinan: if you don't have that single window,

844
01:14:53,980 --> 01:14:55,140
Senator Francis Kiko Pangilinan: national single window,

845
01:14:55,240 --> 01:14:56,500
Senator Francis Kiko Pangilinan: then we cannot really monitor

846
01:14:56,500 --> 01:14:59,860
Senator Francis Kiko Pangilinan: the 5,500 as effectively.

847
01:14:59,860 --> 01:15:00,000
Senator Francis Kiko Pangilinan: Thank you.

848
01:15:00,000 --> 01:15:15,520
Senator Francis Kiko Pangilinan: Di ba? Because all of that will now be, how do you call it, inputted into the national single window for better monitoring, entry, etc. Di ba? I mean, that's my understanding.

849
01:15:15,520 --> 01:15:29,520
BOC Commissioner Ariel F. Nepomuceno: With regard to the number of containers, nakukuha naman po natin yan dahil these are being reported fairly accurately by the port operators.

850
01:15:30,580 --> 01:15:39,520
BOC Commissioner Ariel F. Nepomuceno: But what we cannot accurately measure will be the real values supposed to be contained in those importations.

851
01:15:40,240 --> 01:15:43,820
BOC Commissioner Ariel F. Nepomuceno: So the NSW, of course, would be able to help a lot.

852
01:15:43,820 --> 01:15:47,960
BOC Commissioner Ariel F. Nepomuceno: Insofar as getting the accurate values from these importations.

853
01:15:48,120 --> 01:16:10,580
BOC Commissioner Ariel F. Nepomuceno: But if I may, Your Honor, recognizing the complexity of the NSW project, what BOC has done when we came in July last year is to embark on our own, of course, with the support of the Secretary of Finance, Sec. Frederick, we are now embarking on our own customs processing system.

854
01:16:10,580 --> 01:16:13,120
BOC Commissioner Ariel F. Nepomuceno: Paliwanag ko lang po ng konti briefly.

855
01:16:13,820 --> 01:16:22,940
BOC Commissioner Ariel F. Nepomuceno: CPS will remove the human intervention involved in the processes of the importations.

856
01:16:22,940 --> 01:16:30,440
BOC Commissioner Ariel F. Nepomuceno: Ganito po yan. We have identified 15 ICT projects. At the center of this is the CPS, Customs Processing System.

857
01:16:30,540 --> 01:16:36,380
BOC Commissioner Ariel F. Nepomuceno: Ganito po yan. CPS, if compared to Singapore CPS, they call it NSW.

858
01:16:37,540 --> 01:16:43,440
BOC Commissioner Ariel F. Nepomuceno: Mabilis lang silang gumawa ng NSW na, which they were able to easily compel.

859
01:16:43,820 --> 01:16:51,200
BOC Commissioner Ariel F. Nepomuceno: We have identified 15 other agencies dealing with the Singapore Customs to cooperate with the Singapore Customs NSW.

860
01:16:51,860 --> 01:17:03,620
BOC Commissioner Ariel F. Nepomuceno: Now that we have our own SW, which is not being led by BOC, what we did is to embark with our own CPS, which will be similar to the NSW.

861
01:17:04,260 --> 01:17:06,820
BOC Commissioner Ariel F. Nepomuceno: Ganito po yan. So lahat ng merong...

862
01:17:07,340 --> 01:17:08,160
BOC Commissioner Ariel F. Nepomuceno: Yes, sir.

863
01:17:09,160 --> 01:17:09,580
BOC Commissioner Ariel F. Nepomuceno: Yes, sir.

864
01:17:09,580 --> 01:17:13,580
BOC Commissioner Ariel F. Nepomuceno: But we have to prioritize and we should not be...

865
01:17:13,820 --> 01:17:18,240
BOC Commissioner Ariel F. Nepomuceno: dependent on the NSW per se because that's not within our full control.

866
01:17:18,820 --> 01:17:27,280
BOC Commissioner Ariel F. Nepomuceno: What our CPS will do once we roll this out middle of next year is to prioritize, for example, agencies such as the Department of Agriculture,

867
01:17:28,340 --> 01:17:40,260
BOC Commissioner Ariel F. Nepomuceno: the, well, FDA sana, but FDA also has some issues, PNP, DTI, yung mga mabilis na ho nating isama.

868
01:17:40,260 --> 01:17:43,300
BOC Commissioner Ariel F. Nepomuceno: So the data will be automatic real time.

869
01:17:43,820 --> 01:17:44,840
BOC Commissioner Ariel F. Nepomuceno: From the...

870
01:17:44,840 --> 01:17:55,860
BOC Commissioner Ariel F. Nepomuceno: With the complete loop from the submission of the import documents or, of course, export documents, assessment, payment after releasing, including, Your Honor, the bank documents.

871
01:17:56,320 --> 01:18:06,200
BOC Commissioner Ariel F. Nepomuceno: We have to include the bank documents because, of course, we assume that the banks will never collude with the smugglers because they have a bigger name and a stake to protect.

872
01:18:06,360 --> 01:18:13,200
BOC Commissioner Ariel F. Nepomuceno: So with our own CPS, we will be able to approximate what a full NSW can do.

873
01:18:13,820 --> 01:18:43,800
BOC Commissioner Ariel F. Nepomuceno: But the difference is we will just be prioritizing the agencies which are crucial to our operations. Of course, ideally, more than 40 plus agencies should be able to integrate real-time in terms of providing us the permits and all the relevant documents that will be vital in the computations of the values that we will be able to base our collections from and to be able to say yes or no, which importations which will be allowed or not.

874
01:18:43,820 --> 01:19:11,900
BOC Commissioner Ariel F. Nepomuceno: So, yun naman po ang good news. Now, with the question, how are we funding this? Wala po ang choice dahil wala po sa budget yan ng 2026. So, we have started with the PPP proposed to us. Nasa legal and technical discussions na po kami. And we're confident that this can be rolled out with the pilot areas middle of next year, meaning June, July, Your Honor.

875
01:19:11,900 --> 01:19:17,680
Senator Francis Kiko Pangilinan: And what would the pilot areas be? Do you already, have you identified that? Or it's still?

876
01:19:18,500 --> 01:19:35,200
BOC Commissioner Ariel F. Nepomuceno: Yes, sir. But initial lang po yan. We might first try with the Port of Batangas. It's a huge port but not the biggest port. At medyo masimple po yung pasok doon ng mga containers. And then one airport. And then another port outside Metro Manila.

877
01:19:35,200 --> 01:19:41,880
BOC Commissioner Ariel F. Nepomuceno: Because we have to eventually integrate 17 major ports and 39 sub-ports. We have a total of 56.

878
01:19:41,900 --> 01:19:44,580
BOC Commissioner Ariel F. Nepomuceno: ports to be included in the program.

879
01:19:46,540 --> 01:19:52,460
Senator Francis Kiko Pangilinan: Okay, Usec Ligon, will you also update us with the National Single Window?

880
01:19:52,820 --> 01:20:03,900
DOF Undersecretary Rolando T. Ligon Jr.: Yes, sir. With regards to the National Single Window, we are now in the process of onboarding the different trade-related government agencies.

881
01:20:03,900 --> 01:20:11,900
DOF Undersecretary Rolando T. Ligon Jr.: So, meron akong apat na onboard. This is the National Tobacco Administration, Bureau of Agriculture.

882
01:20:11,900 --> 01:20:20,960
DOF Undersecretary Rolando T. Ligon Jr.: Agriculture and Fisheries, Export Management Bureau, the Bureau of Internal Revenue. And right now, ongoing yung with the Bureau of Customs.

883
01:20:21,740 --> 01:20:30,580
DOF Undersecretary Rolando T. Ligon Jr.: Then in the next two months, we are targeting the onboarding with 22 other agencies.

884
01:20:30,580 --> 01:20:41,680
DOF Undersecretary Rolando T. Ligon Jr.: We are prioritizing yung mga agencies na under the Department of Agriculture, like the National Meat Inspection.

885
01:20:41,900 --> 01:20:50,040
DOF Undersecretary Rolando T. Ligon Jr.: Philippine Coconut Authority, Bureau of Quarantine, Fertilizer and Pesticide Authority.

886
01:20:50,980 --> 01:20:55,860
DOF Undersecretary Rolando T. Ligon Jr.: Yun po yung mga kasunod na isasama sa onboarding.

887
01:20:55,860 --> 01:21:05,740
DOF Undersecretary Rolando T. Ligon Jr.: So, ito pong project na ito, entire project, we're estimating to finish this in one and a half years.

888
01:21:07,040 --> 01:21:10,520
DOF Undersecretary Rolando T. Ligon Jr.: Kompleto na lahat yung iba-ibang agencies na kasama.

889
01:21:10,540 --> 01:21:11,500
Senator Francis Kiko Pangilinan: One and a half years.

890
01:21:11,900 --> 01:21:19,140
Senator Francis Kiko Pangilinan: And that is, but when do you start operating it? Only after one and a half years? Or you can already begin?

891
01:21:19,280 --> 01:21:25,980
DOF Undersecretary Rolando T. Ligon Jr.: Actually po yung naka-onboard na, ano na po yan? Yung pasa na onboard na po, pwede na pong ano yan. Operational na po yan.

892
01:21:26,240 --> 01:21:30,140
Senator Francis Kiko Pangilinan: And what are the onboard agencies?

893
01:21:30,500 --> 01:21:31,420
DOF Undersecretary Rolando T. Ligon Jr.: Yung right now po.

894
01:21:31,420 --> 01:21:34,020
Senator Francis Kiko Pangilinan: You said 40 or 60? What did you say?

895
01:21:34,020 --> 01:21:39,300
DOF Undersecretary Rolando T. Ligon Jr.: Nasa 73 po yung total pag na tapos itong onboarding natin.

896
01:21:39,300 --> 01:21:40,980
Senator Francis Kiko Pangilinan: In one year and a half?

897
01:21:41,140 --> 01:21:41,880
DOF Undersecretary Rolando T. Ligon Jr.: In one year and a half.

898
01:21:41,900 --> 01:22:00,900
DOF Undersecretary Rolando T. Ligon Jr.: In one year and a half po. So, right now po, yung unang na-onboard na is the National Tobacco Administration, Bureau of Agriculture and Fisheries, Export Management Bureau, Bureau of Internal Revenue, and right now, tinatapos na yung sa Bureau of Customs.

899
01:22:06,780 --> 01:22:07,500
DOF Undersecretary Rolando T. Ligon Jr.: Then...

900
01:22:07,500 --> 01:22:10,900
DOF Undersecretary Rolando T. Ligon Jr.: Pero this year po, ang target natin is meron pang...

901
01:22:11,900 --> 01:22:15,000
DOF Undersecretary Rolando T. Ligon Jr.: 22 agencies to be onboarded within the year po.

902
01:22:16,720 --> 01:22:17,200
DOF Undersecretary Rolando T. Ligon Jr.: So...

903
01:22:17,200 --> 01:22:19,840
DOF Undersecretary Rolando T. Ligon Jr.: Until the end of the year po.

904
01:22:20,760 --> 01:22:21,720
Senator Francis Kiko Pangilinan: 22 more. Okay.

905
01:22:21,720 --> 01:22:31,460
DOF Undersecretary Rolando T. Ligon Jr.: Inuuna po natin yung mga bureaus under the Department of Agriculture. Kasi yun po yung merong sensitive po ng mga importation.

906
01:22:31,460 --> 01:22:38,140
Senator Francis Kiko Pangilinan: If I may also add, the reason why the DA is critical here is precisely,

907
01:22:39,020 --> 01:22:41,460
Senator Francis Kiko Pangilinan: we are able to monitor the...

908
01:22:41,900 --> 01:22:51,720
Senator Francis Kiko Pangilinan: entry and, well, the entry of agriculture products through this national single window.

909
01:22:52,600 --> 01:23:00,920
Senator Francis Kiko Pangilinan: And, of course, hindi pa tapos yung ano nila, but this is for DA, yung kanilang first border inspection.

910
01:23:00,920 --> 01:23:07,000
Senator Francis Kiko Pangilinan: We funded that, Mr. Chairman, in the last budget.

911
01:23:08,620 --> 01:23:10,920
Senator Francis Kiko Pangilinan: Walang budget, niligyan natin ng...

912
01:23:10,920 --> 01:23:13,740
Senator Francis Kiko Pangilinan: 1 billion. So, we hope that can be put together.

913
01:23:13,860 --> 01:23:19,440
Senator Francis Kiko Pangilinan: Because, as I was saying then, national single window, Bureau of Customs,

914
01:23:20,320 --> 01:23:21,620
Senator Francis Kiko Pangilinan: the...

915
01:23:21,620 --> 01:23:31,600
Senator Francis Kiko Pangilinan: What was the estimate for the losses in the African swine, the ASF, was about 60, 70 billion.

916
01:23:32,940 --> 01:23:38,140
Senator Francis Kiko Pangilinan: Pretty much brought the local livestock industry to its knees.

917
01:23:38,660 --> 01:23:40,720
Senator Francis Kiko Pangilinan: Simply because, A, we were...

918
01:23:40,920 --> 01:23:46,520
Senator Francis Kiko Pangilinan: unable to monitor the entry of contaminated meat.

919
01:23:47,260 --> 01:23:55,260
Senator Francis Kiko Pangilinan: Now, the other day, I read in the papers that the customs confiscated chicken.

920
01:23:55,260 --> 01:24:04,300
Senator Francis Kiko Pangilinan: Imported chicken that was supposed to be for rendering, meaning susunugin na, di ba?

921
01:24:05,380 --> 01:24:10,260
Senator Francis Kiko Pangilinan: Pero, ang lumalabas, yung rendering agency...

922
01:24:10,920 --> 01:24:17,840
Senator Francis Kiko Pangilinan: Ay, imbis na sunugin o i-render, sirain, ay binenta.

923
01:24:18,860 --> 01:24:19,420
Senator Francis Kiko Pangilinan: Tama?

924
01:24:20,180 --> 01:24:22,280
Senator Francis Kiko Pangilinan: Could you give us an update?

925
01:24:24,340 --> 01:24:27,380
BOC Commissioner Ariel F. Nepomuceno: Actually, you're correct, Your Honor.

926
01:24:27,380 --> 01:24:33,400
BOC Commissioner Ariel F. Nepomuceno: These are apprehended, smuggled chicken meat from Subic.

927
01:24:33,880 --> 01:24:35,380
BOC Commissioner Ariel F. Nepomuceno: Then, they were supposed to be already...

928
01:24:37,800 --> 01:24:40,380
BOC Commissioner Ariel F. Nepomuceno: sa condemnation facilities.

929
01:24:40,920 --> 01:24:42,060
BOC Commissioner Ariel F. Nepomuceno: Somewhere in Bulacan.

930
01:24:42,640 --> 01:24:49,540
BOC Commissioner Ariel F. Nepomuceno: But then, allegedly, there is a transaction that this is supposed to be...

931
01:24:49,540 --> 01:24:52,040
BOC Commissioner Ariel F. Nepomuceno: Those that will be condemned will be sold.

932
01:24:52,780 --> 01:24:55,740
BOC Commissioner Ariel F. Nepomuceno: But we have already ordered the full investigation.

933
01:24:55,740 --> 01:24:58,660
BOC Commissioner Ariel F. Nepomuceno: In fact, we have already...

934
01:24:58,660 --> 01:25:04,320
BOC Commissioner Ariel F. Nepomuceno: I've already ordered the relief of those who are possibly involved in this,

935
01:25:04,380 --> 01:25:07,440
BOC Commissioner Ariel F. Nepomuceno: including the condemnation facility owner.

936
01:25:08,060 --> 01:25:09,560
Senator Francis Kiko Pangilinan: That's about 7 million, no?

937
01:25:10,920 --> 01:25:15,460
Senator Francis Kiko Pangilinan: 7 million pesos worth of smuggled, frozen chicken.

938
01:25:16,100 --> 01:25:16,500
BOC Commissioner Ariel F. Nepomuceno: Yes, sir.

939
01:25:17,140 --> 01:25:20,220
Senator Francis Kiko Pangilinan: Which they were now intending to sell at what?

940
01:25:20,320 --> 01:25:21,840
Senator Francis Kiko Pangilinan: 120 pesos a kilo?

941
01:25:22,580 --> 01:25:23,780
Senator Francis Kiko Pangilinan: In the wet market?

942
01:25:24,420 --> 01:25:24,700
BOC Commissioner Ariel F. Nepomuceno: Yes, sir.

943
01:25:24,760 --> 01:25:27,860
BOC Commissioner Ariel F. Nepomuceno: Actually, naka-apprehend po is the National Bureau of Investigation.

944
01:25:28,240 --> 01:25:29,700
Senator Francis Kiko Pangilinan: Oh, the NBI. That's right.

945
01:25:30,260 --> 01:25:35,640
Senator Francis Kiko Pangilinan: But we also have some rendering issues with the BOC and the DA,

946
01:25:35,640 --> 01:25:40,800
Senator Francis Kiko Pangilinan: which that's why, Secretary, I hope you can support this with Secretary Kiko.

947
01:25:40,920 --> 01:25:45,340
Senator Francis Kiko Pangilinan: When they present their budgets and when you present your budgets in plenary,

948
01:25:45,520 --> 01:25:48,140
Senator Francis Kiko Pangilinan: I hope that you already have that memorandum of agreement

949
01:25:48,140 --> 01:25:51,200
Senator Francis Kiko Pangilinan: between BOC and DA on the rendering.

950
01:25:51,420 --> 01:25:54,520
Senator Francis Kiko Pangilinan: Because we have found out a similar incident.

951
01:25:56,680 --> 01:25:57,540
Senator Francis Kiko Pangilinan: The smuggled...

952
01:25:57,540 --> 01:26:00,000
Senator Francis Kiko Pangilinan: This one is, ano na, BOC.

953
01:26:00,120 --> 01:26:06,680
Senator Francis Kiko Pangilinan: The smuggled meat from Imus was brought to a rendering site,

954
01:26:07,540 --> 01:26:09,100
Senator Francis Kiko Pangilinan: condemnation process.

955
01:26:09,100 --> 01:26:10,100
Senator Francis Kiko Pangilinan: Dinala pa ng...

956
01:26:10,920 --> 01:26:13,720
Senator Francis Kiko Pangilinan: ng Coast Guard.

957
01:26:14,100 --> 01:26:15,260
Senator Francis Kiko Pangilinan: Binantayan ng Coast Guard.

958
01:26:15,380 --> 01:26:21,220
Senator Francis Kiko Pangilinan: Hindi nila iniwanan mula doon sa Cavite, sa Imus ba?

959
01:26:21,320 --> 01:26:22,540
Senator Francis Kiko Pangilinan: O Baco or Imus?

960
01:26:23,260 --> 01:26:24,660
Senator Francis Kiko Pangilinan: Papunta doon sa...

961
01:26:24,660 --> 01:26:25,280
Senator Francis Kiko Pangilinan: Saan ba yun?

962
01:26:26,400 --> 01:26:27,080
Senator Francis Kiko Pangilinan: Paulacan?

963
01:26:28,420 --> 01:26:30,060
Senator Francis Kiko Pangilinan: Tapos pag-alis nung Coast Guard,

964
01:26:32,420 --> 01:26:32,860
Senator Francis Kiko Pangilinan: ni-render.

965
01:26:32,860 --> 01:26:40,780
Senator Francis Kiko Pangilinan: Pero ang lumalabas, inamin mismo ng taga-BAI na binibente yung karni na yun,

966
01:26:40,920 --> 01:26:45,760
Senator Francis Kiko Pangilinan: para gawing pakain sa tilapya.

967
01:26:46,960 --> 01:26:54,160
Senator Francis Kiko Pangilinan: So yung unfit for human consumption na karni na dapat nang i-condemn,

968
01:26:54,280 --> 01:27:01,780
Senator Francis Kiko Pangilinan: binenta sa mga fish pond operator para gawing pakain sa tilapya.

969
01:27:02,840 --> 01:27:05,920
Senator Francis Kiko Pangilinan: At pagkakinain natin yung tilapya...

970
01:27:05,920 --> 01:27:08,920
Senator Francis Kiko Pangilinan: So...

971
01:27:08,920 --> 01:27:10,760
Senator Francis Kiko Pangilinan: It makes me...

972
01:27:10,760 --> 01:27:14,840
Senator Francis Kiko Pangilinan: I wonder, the amount that you said, ng NBI, was 7 million.

973
01:27:15,840 --> 01:27:20,240
Senator Francis Kiko Pangilinan: I wonder how much, if any, pinalusot.

974
01:27:21,200 --> 01:27:21,720
Senator Francis Kiko Pangilinan: Hindi ko alam.

975
01:27:22,760 --> 01:27:28,040
Senator Francis Kiko Pangilinan: But again, with the single window, national single window project,

976
01:27:28,360 --> 01:27:31,100
Senator Francis Kiko Pangilinan: and what you're doing now, we will be able to address this.

977
01:27:31,100 --> 01:27:36,740
Senator Francis Kiko Pangilinan: And, Secretary, yung memorandum of agreement between the DA and the BOC on rendering.

978
01:27:38,200 --> 01:27:39,100
Senator Francis Kiko Pangilinan: So that...

979
01:27:39,840 --> 01:27:40,600
Senator Francis Kiko Pangilinan: That was...

980
01:27:40,760 --> 01:27:42,080
Senator Francis Kiko Pangilinan: It was confiscated by the BOC, eh.

981
01:27:42,700 --> 01:27:43,720
Senator Francis Kiko Pangilinan: Yung sa IMUS, eh.

982
01:27:44,200 --> 01:27:48,800
Senator Francis Kiko Pangilinan: So dapat, pagkadating doon sa condemnation, nandun ng BOC, nandun ng DA,

983
01:27:49,040 --> 01:27:53,840
Senator Francis Kiko Pangilinan: at nagkakaisa na nag-uusap na tama dapat na ma...

984
01:27:53,840 --> 01:27:54,680
Senator Francis Kiko Pangilinan: Go ahead.

985
01:27:57,000 --> 01:28:00,320
BOC Commissioner Ariel F. Nepomuceno: Your Honor, since nandito rin din po tayo doon sa topic ng rendering,

986
01:28:00,920 --> 01:28:04,560
BOC Commissioner Ariel F. Nepomuceno: I'll take advantage to, of course, seek the help of the Senate.

987
01:28:05,540 --> 01:28:08,060
BOC Commissioner Ariel F. Nepomuceno: Ganito po yung sistema po na minana po namin.

988
01:28:08,060 --> 01:28:10,440
Senator Francis Kiko Pangilinan: How much do you need to get the facility?

989
01:28:10,760 --> 01:28:11,240
BOC Commissioner Ariel F. Nepomuceno: Opo.

990
01:28:12,480 --> 01:28:15,180
BOC Commissioner Ariel F. Nepomuceno: Facility sent, ano po, MOE, additional MOE.

991
01:28:15,260 --> 01:28:15,600
BOC Commissioner Ariel F. Nepomuceno: Ganito po.

992
01:28:16,020 --> 01:28:19,440
BOC Commissioner Ariel F. Nepomuceno: Ang dinatan po nating sistema among so many other problems.

993
01:28:20,360 --> 01:28:25,720
BOC Commissioner Ariel F. Nepomuceno: Wala hong budget allotted for the Bureau of Customs to be used for rendering.

994
01:28:26,720 --> 01:28:35,280
BOC Commissioner Ariel F. Nepomuceno: The model is quite peculiar wherein zero budget or zero payment ang naka-allot for the condemnators.

995
01:28:35,680 --> 01:28:39,840
BOC Commissioner Ariel F. Nepomuceno: So we will ask, ba't sila mag-i-interest to do the job?

996
01:28:39,840 --> 01:28:42,900
BOC Commissioner Ariel F. Nepomuceno: So we can speculate, di po ba?

997
01:28:43,360 --> 01:28:44,720
BOC Commissioner Ariel F. Nepomuceno: Kasi hindi naman po sila babayaran.

998
01:28:44,860 --> 01:28:50,520
BOC Commissioner Ariel F. Nepomuceno: Therefore, they're only after what can be salvaged or can be saved or siguro recyclable

999
01:28:50,520 --> 01:28:54,040
BOC Commissioner Ariel F. Nepomuceno: from what is supposed to be going to be condemned or destroyed.

1000
01:28:54,480 --> 01:28:58,180
BOC Commissioner Ariel F. Nepomuceno: So we will seek the help, of course, of Congress and the Senate

1001
01:28:58,180 --> 01:29:03,080
BOC Commissioner Ariel F. Nepomuceno: to support us with at least with the immediate additional MOE

1002
01:29:03,080 --> 01:29:07,100
BOC Commissioner Ariel F. Nepomuceno: for us to be able to finance our own rendering

1003
01:29:07,100 --> 01:29:09,660
BOC Commissioner Ariel F. Nepomuceno: so that we will not be dependent on the condemnation.

1004
01:29:09,820 --> 01:29:12,740
BOC Commissioner Ariel F. Nepomuceno: And we don't know what release on their minds

1005
01:29:12,740 --> 01:29:16,160
BOC Commissioner Ariel F. Nepomuceno: why they are interested to do the rendering job.

1006
01:29:16,700 --> 01:29:17,100
BOC Commissioner Ariel F. Nepomuceno: Isa po yan.

1007
01:29:17,160 --> 01:29:20,000
BOC Commissioner Ariel F. Nepomuceno: With the facility, meron din po kaming nakalista.

1008
01:29:20,200 --> 01:29:22,640
BOC Commissioner Ariel F. Nepomuceno: But of course, we know that this will take time.

1009
01:29:23,200 --> 01:29:27,540
BOC Commissioner Ariel F. Nepomuceno: If at all, 2027 pa natin gagawin to 2028.

1010
01:29:27,640 --> 01:29:29,900
BOC Commissioner Ariel F. Nepomuceno: But we need support po doon sa MOE.

1011
01:29:30,180 --> 01:29:35,960
BOC Commissioner Ariel F. Nepomuceno: Again, for us to fund our condemnation based on our own timing.

1012
01:29:39,820 --> 01:29:44,500
Senator Francis Kiko Pangilinan: Yes, go ahead, sir.

1013
01:29:44,500 --> 01:30:00,000
DOF Secretary Frederick D. Go: Well, if you'll allow me, Mr. Chair, based on our budget, actually we were cut down on our request, and I will be signing a letter after this briefing to the committee

1014
01:30:00,000 --> 01:30:06,420
DOF Secretary Frederick D. Go: asking for additional budget of P10 billion for your consideration from the BOC.

1015
01:30:07,040 --> 01:30:11,460
DOF Secretary Frederick D. Go: And number 8 in that list is the construction of condemnation facilities.

1016
01:30:12,460 --> 01:30:17,220
DOF Secretary Frederick D. Go: And then the BIR also has a request of about a little over a billion pesos

1017
01:30:17,220 --> 01:30:21,720
DOF Secretary Frederick D. Go: of necessary budget that they need for their operations.

1018
01:30:21,720 --> 01:30:24,040
DOF Secretary Frederick D. Go: That was also cut down.

1019
01:30:24,120 --> 01:30:26,400
DOF Secretary Frederick D. Go: Actually, the amount cut down obviously was much larger.

1020
01:30:26,400 --> 01:30:30,580
DOF Secretary Frederick D. Go: But in the prioritization, they have a wish list of about a billion pesos.

1021
01:30:31,320 --> 01:30:33,720
DOF Secretary Frederick D. Go: And the BOC has a wish list of about P10 billion.

1022
01:30:34,260 --> 01:30:39,600
DOF Secretary Frederick D. Go: But number 8 in the BOC list is the construction of condemnation facilities.

1023
01:30:39,640 --> 01:30:42,120
Senator Francis Kiko Pangilinan: Sige, you can count on our support in that regard.

1024
01:30:42,800 --> 01:30:44,880
Senator Francis Kiko Pangilinan: And how much would that be?

1025
01:30:45,100 --> 01:30:50,160
Senator Francis Kiko Pangilinan: If you added the P10 billion, so what collection would that be?

1026
01:30:50,300 --> 01:30:52,320
Senator Francis Kiko Pangilinan: Two days and six hours?

1027
01:30:52,320 --> 01:30:52,760
Senator Francis Kiko Pangilinan: Ano yun?

1028
01:30:54,840 --> 01:30:56,320
Senator Francis Kiko Pangilinan: Kasi sabi nyo, two days.

1029
01:30:56,400 --> 01:30:59,360
DOF Secretary Frederick D. Go: Baka two days and one hour.

1030
01:31:00,560 --> 01:31:01,240
DOF Secretary Frederick D. Go: Joke lang.

1031
01:31:01,340 --> 01:31:03,040
DOF Secretary Frederick D. Go: Pero I'm not sure what it is.

1032
01:31:03,120 --> 01:31:06,460
DOF Secretary Frederick D. Go: But definitely, it's just a fraction of our collection.

1033
01:31:06,620 --> 01:31:06,980
DOF Secretary Frederick D. Go: Thank you.

1034
01:31:06,980 --> 01:31:11,980
Senator Francis Kiko Pangilinan: With the permission of our chairperson, if I may also just...

1035
01:31:12,780 --> 01:31:16,440
Senator Francis Kiko Pangilinan: Unless my time is up and I'll have a second round.

1036
01:31:16,480 --> 01:31:16,960
Senator Joseph Victor "JV" G. Ejercito: Please proceed.

1037
01:31:17,320 --> 01:31:17,620
Senator Francis Kiko Pangilinan: Okay.

1038
01:31:18,080 --> 01:31:22,740
Senator Francis Kiko Pangilinan: This question now is for AgriFinance Lending.

1039
01:31:26,400 --> 01:31:34,740
Senator Francis Kiko Pangilinan: We'd like to get some information before plenary on the loan portfolio for our farmers.

1040
01:31:34,740 --> 01:31:38,740
Senator Francis Kiko Pangilinan: I understand you have about 90% of your clients are farmers.

1041
01:31:40,660 --> 01:31:44,740
Senator Francis Kiko Pangilinan: Your accounts, rather, are agriculture farmers.

1042
01:31:46,160 --> 01:31:46,740
Senator Francis Kiko Pangilinan: Except that...

1043
01:31:50,560 --> 01:31:52,740
Senator Francis Kiko Pangilinan: Maliit yung...

1044
01:31:53,740 --> 01:31:54,740
Senator Francis Kiko Pangilinan: Yung...

1045
01:31:56,400 --> 01:31:56,680
Senator Francis Kiko Pangilinan: Pondo.

1046
01:31:57,880 --> 01:31:58,540
Senator Francis Kiko Pangilinan: Mas malaki.

1047
01:31:59,540 --> 01:32:04,100
Senator Francis Kiko Pangilinan: Mas nalalaki ang total portfolio.

1048
01:32:05,160 --> 01:32:09,240
Senator Francis Kiko Pangilinan: Maraming account, pero maliit ang total na inilabas.

1049
01:32:09,480 --> 01:32:11,020
Senator Francis Kiko Pangilinan: I don't have the data now.

1050
01:32:11,620 --> 01:32:15,380
Senator Francis Kiko Pangilinan: But this is for land bank and the DBP.

1051
01:32:16,260 --> 01:32:19,880
Senator Francis Kiko Pangilinan: We'd like to get submissions in time for plenary.

1052
01:32:20,740 --> 01:32:22,220
Senator Francis Kiko Pangilinan: The following...

1053
01:32:22,220 --> 01:32:24,100
Senator Francis Kiko Pangilinan: Sorry.

1054
01:32:24,100 --> 01:32:26,100
Senator Francis Kiko Pangilinan: You don't have to answer it now because...

1055
01:32:26,400 --> 01:32:31,900
Senator Francis Kiko Pangilinan: We'll give you time to find it.

1056
01:32:31,980 --> 01:32:32,380
Senator Francis Kiko Pangilinan: Apologies.

1057
01:32:32,720 --> 01:32:33,940
Senator Francis Kiko Pangilinan: I'm trying to look for the...

1058
01:32:33,940 --> 01:32:34,400
Senator Francis Kiko Pangilinan: There you go.

1059
01:32:35,100 --> 01:32:36,140
Senator Francis Kiko Pangilinan: So, the following.

1060
01:32:39,620 --> 01:32:48,620
Senator Francis Kiko Pangilinan: If you could give data regarding small farmers and fisher folk loans,

1061
01:32:48,940 --> 01:32:51,500
Senator Francis Kiko Pangilinan: if possible, over the last two years,

1062
01:32:52,960 --> 01:32:55,260
Senator Francis Kiko Pangilinan: loan amounts released directly

1063
01:32:55,260 --> 01:32:57,540
Senator Francis Kiko Pangilinan: and via lending partners,

1064
01:32:58,160 --> 01:32:59,560
Senator Francis Kiko Pangilinan: number of hectares planted

1065
01:32:59,560 --> 01:33:02,320
Senator Francis Kiko Pangilinan: by borrower rice farmers per region,

1066
01:33:02,740 --> 01:33:06,840
Senator Francis Kiko Pangilinan: number of borrower farmers and borrower fishers per region basis,

1067
01:33:07,960 --> 01:33:10,520
Senator Francis Kiko Pangilinan: number of repeat borrowers of farmers

1068
01:33:10,520 --> 01:33:14,420
Senator Francis Kiko Pangilinan: and borrower fishers on a per region basis,

1069
01:33:15,360 --> 01:33:19,380
Senator Francis Kiko Pangilinan: conversion of loans in terms of rice yield and fish yield,

1070
01:33:19,780 --> 01:33:20,600
Senator Francis Kiko Pangilinan: if you have that,

1071
01:33:21,340 --> 01:33:25,020
Senator Francis Kiko Pangilinan: by these small fisher folk and farmers,

1072
01:33:25,260 --> 01:33:33,880
Senator Francis Kiko Pangilinan: if you can provide us also a table,

1073
01:33:34,880 --> 01:33:38,340
Senator Francis Kiko Pangilinan: the lending process with daily timeline requirements,

1074
01:33:38,920 --> 01:33:43,680
Senator Francis Kiko Pangilinan: because we have complaints from small farmers and fisher folk that,

1075
01:33:44,580 --> 01:33:48,020
Senator Francis Kiko Pangilinan: well, it's bureaucratic, cumbersome,

1076
01:33:48,180 --> 01:33:50,960
Senator Francis Kiko Pangilinan: so doon na lang kami uutang sa 5-6

1077
01:33:50,960 --> 01:33:52,320
Senator Francis Kiko Pangilinan: kasi mabilis.

1078
01:33:52,320 --> 01:33:55,180
Senator Francis Kiko Pangilinan: So, I just want to study it.

1079
01:33:55,260 --> 01:34:00,700
Senator Francis Kiko Pangilinan: So, from first contact to SFF.

1080
01:34:01,560 --> 01:34:11,800
Senator Francis Kiko Pangilinan: Also, if LBP and DBP can provide details on how many lending account officers you have per region

1081
01:34:11,800 --> 01:34:18,640
Senator Francis Kiko Pangilinan: and how many SFF loans these lending account officers have historically approved,

1082
01:34:22,140 --> 01:34:25,080
Senator Francis Kiko Pangilinan: we hope we can get that data so that we can,

1083
01:34:25,080 --> 01:34:33,140
Senator Francis Kiko Pangilinan: we better understand why your loan portfolio is so small for our farmers

1084
01:34:33,140 --> 01:34:36,560
Senator Francis Kiko Pangilinan: when you're supposed to be a farmer's development bank.

1085
01:34:36,740 --> 01:34:37,300
Senator Francis Kiko Pangilinan: Where is it?

1086
01:34:37,760 --> 01:34:38,440
Senator Francis Kiko Pangilinan: Here you go.

1087
01:34:40,180 --> 01:34:50,940
Senator Francis Kiko Pangilinan: Land Bank reports 885.6 AFRD loan portfolio

1088
01:34:50,940 --> 01:34:55,060
Senator Francis Kiko Pangilinan: with 2,000,

1089
01:34:55,080 --> 01:34:58,640
Senator Francis Kiko Pangilinan: 121,254 beneficiaries

1090
01:34:58,640 --> 01:35:01,320
Senator Francis Kiko Pangilinan: through institutional borrowers.

1091
01:35:01,480 --> 01:35:01,820
Senator Francis Kiko Pangilinan: However,

1092
01:35:02,660 --> 01:35:07,340
Senator Francis Kiko Pangilinan: 499 billion went to 888 large corporations

1093
01:35:07,340 --> 01:35:10,660
Senator Francis Kiko Pangilinan: while only 1.55 billion

1094
01:35:10,660 --> 01:35:13,120
Senator Francis Kiko Pangilinan: or 0.175%

1095
01:35:13,120 --> 01:35:16,520
Senator Francis Kiko Pangilinan: was directly lent to individual farmers, fisher folk,

1096
01:35:16,980 --> 01:35:18,600
Senator Francis Kiko Pangilinan: and agrarian reform beneficiaries.

1097
01:35:18,600 --> 01:35:19,020
Senator Francis Kiko Pangilinan: So,

1098
01:35:19,940 --> 01:35:23,660
Senator Francis Kiko Pangilinan: we'd like to figure out how to correct that

1099
01:35:23,660 --> 01:35:24,820
Senator Francis Kiko Pangilinan: by way,

1100
01:35:25,080 --> 01:35:26,500
Senator Francis Kiko Pangilinan: we are currently actually,

1101
01:35:27,300 --> 01:35:30,780
Senator Francis Kiko Pangilinan: passed the third reading here in the Senate,

1102
01:35:31,640 --> 01:35:33,780
Senator Francis Kiko Pangilinan: the Agri-Co-Ops Bill.

1103
01:35:34,560 --> 01:35:38,540
Senator Francis Kiko Pangilinan: We'd like to see if we can put in some incentives,

1104
01:35:38,660 --> 01:35:39,060
Senator Francis Kiko Pangilinan: I don't know,

1105
01:35:39,220 --> 01:35:41,360
Senator Francis Kiko Pangilinan: in terms of credit

1106
01:35:41,360 --> 01:35:45,080
Senator Francis Kiko Pangilinan: for these in the measure.

1107
01:35:45,540 --> 01:35:46,020
Senator Francis Kiko Pangilinan: I don't know.

1108
01:35:46,080 --> 01:35:46,860
Senator Francis Kiko Pangilinan: I have to study that.

1109
01:35:48,680 --> 01:35:48,960
Senator Francis Kiko Pangilinan: So,

1110
01:35:49,960 --> 01:35:50,580
Senator Francis Kiko Pangilinan: so,

1111
01:35:50,660 --> 01:35:54,880
Senator Francis Kiko Pangilinan: you don't have to answer it now,

1112
01:35:54,960 --> 01:35:55,060
Senator Francis Kiko Pangilinan: but,

1113
01:35:55,080 --> 01:35:57,240
Senator Francis Kiko Pangilinan: if you can give us the information.

1114
01:35:58,240 --> 01:35:59,060
Senator Francis Kiko Pangilinan: For example,

1115
01:35:59,480 --> 01:36:03,040
Senator Francis Kiko Pangilinan: of the cooperatives financed by Land Bank,

1116
01:36:03,140 --> 01:36:05,440
Senator Francis Kiko Pangilinan: how many have access to government markets?

1117
01:36:06,220 --> 01:36:07,340
Senator Francis Kiko Pangilinan: I ask this because

1118
01:36:07,340 --> 01:36:09,920
Senator Francis Kiko Pangilinan: with the Sagip-Saka law,

1119
01:36:11,200 --> 01:36:12,020
Senator Francis Kiko Pangilinan: how much again?

1120
01:36:14,220 --> 01:36:16,040
Senator Francis Kiko Pangilinan: 11 billion last year?

1121
01:36:17,860 --> 01:36:20,060
Senator Francis Kiko Pangilinan: Yeah, as of June 2026,

1122
01:36:20,060 --> 01:36:21,620
Senator Francis Kiko Pangilinan: government has already bought

1123
01:36:21,620 --> 01:36:25,060
Senator Francis Kiko Pangilinan: 11 billion worth of agri-products.

1124
01:36:25,080 --> 01:36:27,840
Senator Francis Kiko Pangilinan: Directly through the Sagip-Saka law.

1125
01:36:28,620 --> 01:36:29,620
Senator Francis Kiko Pangilinan: Which means,

1126
01:36:29,760 --> 01:36:30,020
Senator Francis Kiko Pangilinan: therefore,

1127
01:36:30,200 --> 01:36:32,660
Senator Francis Kiko Pangilinan: that if they have the market,

1128
01:36:33,700 --> 01:36:38,320
Senator Francis Kiko Pangilinan: then that's one indicator of creditworthiness.

1129
01:36:38,780 --> 01:36:39,220
Senator Francis Kiko Pangilinan: I mean,

1130
01:36:39,260 --> 01:36:39,860
Senator Francis Kiko Pangilinan: among others.

1131
01:36:40,240 --> 01:36:41,100
Senator Francis Kiko Pangilinan: And therefore,

1132
01:36:41,580 --> 01:36:43,580
Senator Francis Kiko Pangilinan: if their markets are secure,

1133
01:36:44,260 --> 01:36:46,640
Senator Francis Kiko Pangilinan: they might be able to borrow,

1134
01:36:47,820 --> 01:36:49,200
Senator Francis Kiko Pangilinan: expand their operations.

1135
01:36:51,040 --> 01:36:51,140
Senator Francis Kiko Pangilinan: So,

1136
01:36:51,240 --> 01:36:51,400
Senator Francis Kiko Pangilinan: so,

1137
01:36:51,400 --> 01:36:52,820
Senator Francis Kiko Pangilinan: so,

1138
01:36:52,820 --> 01:36:55,060
Senator Francis Kiko Pangilinan: if we can get that data,

1139
01:36:55,080 --> 01:36:55,180
Senator Francis Kiko Pangilinan: we can get that data.

1140
01:36:59,180 --> 01:36:59,740
Senator Francis Kiko Pangilinan: And,

1141
01:37:00,100 --> 01:37:02,960
Senator Francis Kiko Pangilinan: I guess that's it,

1142
01:37:03,040 --> 01:37:03,860
Senator Francis Kiko Pangilinan: siguro for now.

1143
01:37:04,620 --> 01:37:05,840
Senator Francis Kiko Pangilinan: I will yield the floor

1144
01:37:05,840 --> 01:37:07,480
Senator Francis Kiko Pangilinan: until I gather my,

1145
01:37:08,120 --> 01:37:09,340
Senator Francis Kiko Pangilinan: the other data that I have.

1146
01:37:09,740 --> 01:37:10,220
Senator Francis Kiko Pangilinan: Mr. Chairman,

1147
01:37:10,340 --> 01:37:11,140
Senator Francis Kiko Pangilinan: thank you very much.

1148
01:37:12,280 --> 01:37:12,620
Senator Joseph Victor "JV" G. Ejercito: Yes,

1149
01:37:12,680 --> 01:37:13,900
Senator Joseph Victor "JV" G. Ejercito: Secretary Go.

1150
01:37:14,180 --> 01:37:14,880
DOF Secretary Frederick D. Go: Mr. Chair,

1151
01:37:14,920 --> 01:37:15,920
DOF Secretary Frederick D. Go: I'll just respond quickly

1152
01:37:15,920 --> 01:37:18,460
DOF Secretary Frederick D. Go: to Senator Kiko Pangilinan.

1153
01:37:18,840 --> 01:37:18,940
DOF Secretary Frederick D. Go: Yeah,

1154
01:37:18,980 --> 01:37:20,700
DOF Secretary Frederick D. Go: we will ensure that DBP and Land Bank

1155
01:37:20,700 --> 01:37:22,360
DOF Secretary Frederick D. Go: sends you the data that you required

1156
01:37:22,360 --> 01:37:23,820
DOF Secretary Frederick D. Go: as soon as possible

1157
01:37:23,820 --> 01:37:25,060
DOF Secretary Frederick D. Go: before the plenary.

1158
01:37:25,060 --> 01:37:26,160
DOF Secretary Frederick D. Go: Thank you.

1159
01:37:26,280 --> 01:37:26,460
Senator Francis Kiko Pangilinan: Yes,

1160
01:37:26,500 --> 01:37:27,980
Senator Francis Kiko Pangilinan: we're doing benchmarking.

1161
01:37:28,160 --> 01:37:30,020
Senator Francis Kiko Pangilinan: The reason why we're doing this now

1162
01:37:30,020 --> 01:37:31,440
Senator Francis Kiko Pangilinan: and gathering the information

1163
01:37:31,440 --> 01:37:32,000
Senator Francis Kiko Pangilinan: is because

1164
01:37:32,000 --> 01:37:33,740
Senator Francis Kiko Pangilinan: we anticipate that,

1165
01:37:33,960 --> 01:37:36,020
Senator Francis Kiko Pangilinan: and the President has identified it

1166
01:37:36,020 --> 01:37:37,240
Senator Francis Kiko Pangilinan: as a priority,

1167
01:37:38,060 --> 01:37:40,080
Senator Francis Kiko Pangilinan: as a priority,

1168
01:37:40,420 --> 01:37:41,520
Senator Francis Kiko Pangilinan: two priority measures.

1169
01:37:41,800 --> 01:37:44,100
Senator Francis Kiko Pangilinan: The renationalization

1170
01:37:44,100 --> 01:37:45,860
Senator Francis Kiko Pangilinan: of extension services

1171
01:37:45,860 --> 01:37:47,140
Senator Francis Kiko Pangilinan: for agri and fisheries,

1172
01:37:47,360 --> 01:37:48,460
Senator Francis Kiko Pangilinan: which means

1173
01:37:48,460 --> 01:37:49,960
Senator Francis Kiko Pangilinan: we will have boots on the ground.

1174
01:37:50,460 --> 01:37:51,960
Senator Francis Kiko Pangilinan: And the reestablishment

1175
01:37:51,960 --> 01:37:54,140
Senator Francis Kiko Pangilinan: of the Bureau of Agriculture and Fisheries

1176
01:37:54,140 --> 01:37:55,040
Senator Francis Kiko Pangilinan: cooperatives

1177
01:37:56,060 --> 01:37:57,680
Senator Francis Kiko Pangilinan: under the DA.

1178
01:37:58,680 --> 01:38:00,220
Senator Francis Kiko Pangilinan: So we want to benchmark that

1179
01:38:00,220 --> 01:38:02,100
Senator Francis Kiko Pangilinan: because once that is low,

1180
01:38:02,760 --> 01:38:04,600
Senator Francis Kiko Pangilinan: then we will now create

1181
01:38:04,600 --> 01:38:06,820
Senator Francis Kiko Pangilinan: the information necessary

1182
01:38:06,820 --> 01:38:09,300
Senator Francis Kiko Pangilinan: for us to have benchmarked

1183
01:38:09,300 --> 01:38:10,620
Senator Francis Kiko Pangilinan: in terms of where are we now.

1184
01:38:11,580 --> 01:38:12,940
Senator Francis Kiko Pangilinan: Because once you have

1185
01:38:12,940 --> 01:38:14,200
Senator Francis Kiko Pangilinan: extension workers

1186
01:38:14,200 --> 01:38:17,060
Senator Francis Kiko Pangilinan: in every municipality,

1187
01:38:17,800 --> 01:38:18,780
Senator Francis Kiko Pangilinan: right now, for example,

1188
01:38:18,920 --> 01:38:20,080
Senator Francis Kiko Pangilinan: in San Luis, Pampanga,

1189
01:38:20,900 --> 01:38:23,420
Senator Francis Kiko Pangilinan: they have 3,500 farmers,

1190
01:38:23,420 --> 01:38:24,720
Senator Francis Kiko Pangilinan: but they only have

1191
01:38:24,720 --> 01:38:28,400
Senator Francis Kiko Pangilinan: five DA local.

1192
01:38:29,500 --> 01:38:30,940
Senator Francis Kiko Pangilinan: Unlike in Taiwan,

1193
01:38:31,600 --> 01:38:33,540
Senator Francis Kiko Pangilinan: the ratio of extension workers

1194
01:38:33,540 --> 01:38:34,160
Senator Francis Kiko Pangilinan: to farmers

1195
01:38:34,160 --> 01:38:36,680
Senator Francis Kiko Pangilinan: is one extension worker,

1196
01:38:36,960 --> 01:38:37,820
Senator Francis Kiko Pangilinan: 18 farmers.

1197
01:38:39,080 --> 01:38:41,580
Senator Francis Kiko Pangilinan: They have 580,000 farmers.

1198
01:38:42,260 --> 01:38:43,340
Senator Francis Kiko Pangilinan: They're organized

1199
01:38:43,340 --> 01:38:47,020
Senator Francis Kiko Pangilinan: into 320 farmers associations.

1200
01:38:47,700 --> 01:38:50,240
Senator Francis Kiko Pangilinan: And of these 320 farmers associations,

1201
01:38:50,640 --> 01:38:51,980
Senator Francis Kiko Pangilinan: their members are co-ops.

1202
01:38:52,880 --> 01:38:54,420
Senator Francis Kiko Pangilinan: So the co-ops become members

1203
01:38:54,420 --> 01:38:55,860
Senator Francis Kiko Pangilinan: of the association

1204
01:38:55,860 --> 01:38:57,060
Senator Francis Kiko Pangilinan: and they're organized

1205
01:38:57,060 --> 01:39:00,520
Senator Francis Kiko Pangilinan: and have extension worker support

1206
01:39:00,520 --> 01:39:03,220
Senator Francis Kiko Pangilinan: of 18 farmers,

1207
01:39:03,600 --> 01:39:04,800
Senator Francis Kiko Pangilinan: one extension worker.

1208
01:39:05,220 --> 01:39:06,500
Senator Francis Kiko Pangilinan: So you can imagine

1209
01:39:06,500 --> 01:39:09,360
Senator Francis Kiko Pangilinan: if we restructure the DA,

1210
01:39:09,600 --> 01:39:11,440
Senator Francis Kiko Pangilinan: provide the necessary manpower

1211
01:39:11,440 --> 01:39:12,900
Senator Francis Kiko Pangilinan: for extension workers,

1212
01:39:13,360 --> 01:39:15,120
Senator Francis Kiko Pangilinan: financial literacy programs,

1213
01:39:15,320 --> 01:39:15,980
Senator Francis Kiko Pangilinan: interventions,

1214
01:39:16,320 --> 01:39:17,780
Senator Francis Kiko Pangilinan: capacity building, training,

1215
01:39:18,020 --> 01:39:20,000
Senator Francis Kiko Pangilinan: and then create the cooperatives,

1216
01:39:20,120 --> 01:39:21,640
Senator Francis Kiko Pangilinan: then you will have economies of scale.

1217
01:39:21,640 --> 01:39:23,140
Senator Francis Kiko Pangilinan: And then you will be able to

1218
01:39:23,140 --> 01:39:24,400
Senator Francis Kiko Pangilinan: get them to become,

1219
01:39:24,420 --> 01:39:25,320
Senator Francis Kiko Pangilinan: to become creditworthy

1220
01:39:25,320 --> 01:39:28,100
Senator Francis Kiko Pangilinan: and therefore bankable.

1221
01:39:28,460 --> 01:39:30,060
Senator Francis Kiko Pangilinan: I mean, for lack of a better term.

1222
01:39:31,300 --> 01:39:33,320
Senator Francis Kiko Pangilinan: So that's why we want that data.

1223
01:39:35,320 --> 01:39:37,160
Senator Francis Kiko Pangilinan: So there.

1224
01:39:38,060 --> 01:39:38,460
Senator Francis Kiko Pangilinan: Anyway,

1225
01:39:39,220 --> 01:39:41,940
Senator Francis Kiko Pangilinan: thank you, Secretary Go,

1226
01:39:41,980 --> 01:39:43,800
Senator Francis Kiko Pangilinan: for the support.

1227
01:39:47,060 --> 01:39:48,920
Senator Joseph Victor "JV" G. Ejercito: Thank you, Senator Pangilinan.

1228
01:39:50,500 --> 01:39:51,680
Senator Joseph Victor "JV" G. Ejercito: Chair, we'd like to

1229
01:39:51,680 --> 01:39:52,980
Senator Joseph Victor "JV" G. Ejercito: provide some questions.

1230
01:39:54,420 --> 01:39:56,100
Senator Joseph Victor "JV" G. Ejercito: Basic, because we have to prepare also.

1231
01:39:58,260 --> 01:40:00,040
Senator Joseph Victor "JV" G. Ejercito: Just to remind the

1232
01:40:00,040 --> 01:40:02,120
Senator Joseph Victor "JV" G. Ejercito: TOF and the attached agencies

1233
01:40:02,120 --> 01:40:04,140
Senator Joseph Victor "JV" G. Ejercito: to prepare also for the plenary.

1234
01:40:04,620 --> 01:40:05,880
Senator Joseph Victor "JV" G. Ejercito: Lagi ito, briefing lang ito.

1235
01:40:05,980 --> 01:40:07,940
Senator Joseph Victor "JV" G. Ejercito: But we will submit to you

1236
01:40:07,940 --> 01:40:09,180
Senator Joseph Victor "JV" G. Ejercito: some questions

1237
01:40:09,180 --> 01:40:11,100
Senator Joseph Victor "JV" G. Ejercito: that will not be asked today.

1238
01:40:11,220 --> 01:40:12,220
Senator Joseph Victor "JV" G. Ejercito: But please prepare

1239
01:40:12,220 --> 01:40:14,680
Senator Joseph Victor "JV" G. Ejercito: so that in the come plenary,

1240
01:40:14,860 --> 01:40:16,380
Senator Joseph Victor "JV" G. Ejercito: we will be ready.

1241
01:40:17,660 --> 01:40:18,640
Senator Joseph Victor "JV" G. Ejercito: Ganun din, parang sa

1242
01:40:18,640 --> 01:40:20,420
Senator Joseph Victor "JV" G. Ejercito: parang sa mga cue cards,

1243
01:40:20,420 --> 01:40:21,580
Senator Joseph Victor "JV" G. Ejercito: parang lang ready tayo

1244
01:40:21,580 --> 01:40:23,980
Senator Joseph Victor "JV" G. Ejercito: so that we won't have any delays.

1245
01:40:24,420 --> 01:40:25,780
Senator Joseph Victor "JV" G. Ejercito: So, anyway,

1246
01:40:25,860 --> 01:40:26,620
Senator Joseph Victor "JV" G. Ejercito: sana yun mga kayo dyan.

1247
01:40:27,420 --> 01:40:28,020
Senator Joseph Victor "JV" G. Ejercito: Most of,

1248
01:40:28,440 --> 01:40:29,620
Senator Joseph Victor "JV" G. Ejercito: I think,

1249
01:40:29,760 --> 01:40:30,820
Senator Joseph Victor "JV" G. Ejercito: I can identify

1250
01:40:30,820 --> 01:40:31,760
Senator Joseph Victor "JV" G. Ejercito: three USECs here

1251
01:40:31,760 --> 01:40:32,460
Senator Joseph Victor "JV" G. Ejercito: became my

1252
01:40:32,460 --> 01:40:33,820
Senator Joseph Victor "JV" G. Ejercito: backstops before.

1253
01:40:34,780 --> 01:40:35,440
Senator Joseph Victor "JV" G. Ejercito: As I mentioned,

1254
01:40:35,760 --> 01:40:36,660
Senator Joseph Victor "JV" G. Ejercito: si USEC Carlo,

1255
01:40:36,900 --> 01:40:37,380
Senator Joseph Victor "JV" G. Ejercito: USEC

1256
01:40:37,380 --> 01:40:38,680
Senator Joseph Victor "JV" G. Ejercito: Cathy,

1257
01:40:38,800 --> 01:40:39,900
Senator Joseph Victor "JV" G. Ejercito: di pala si USEC Crystal,

1258
01:40:40,020 --> 01:40:40,460
Senator Joseph Victor "JV" G. Ejercito: nandun din,

1259
01:40:40,580 --> 01:40:41,320
Senator Joseph Victor "JV" G. Ejercito: mara USEC na.

1260
01:40:41,900 --> 01:40:43,200
Senator Joseph Victor "JV" G. Ejercito: Ito yung mga nagpahirap sa akin

1261
01:40:43,200 --> 01:40:43,920
Senator Joseph Victor "JV" G. Ejercito: sa automatic

1262
01:40:43,920 --> 01:40:45,000
Senator Joseph Victor "JV" G. Ejercito: classification,

1263
01:40:46,280 --> 01:40:47,580
Senator Joseph Victor "JV" G. Ejercito: mining fiscal regime,

1264
01:40:48,400 --> 01:40:49,760
Senator Joseph Victor "JV" G. Ejercito: and PPP code.

1265
01:40:50,660 --> 01:40:51,800
Senator Joseph Victor "JV" G. Ejercito: Sek, hindi na ako,

1266
01:40:51,920 --> 01:40:52,540
Senator Joseph Victor "JV" G. Ejercito: gano'n.

1267
01:40:52,540 --> 01:40:53,220
Senator Joseph Victor "JV" G. Ejercito: All of these are

1268
01:40:53,220 --> 01:40:55,320
Senator Joseph Victor "JV" G. Ejercito: priority measures

1269
01:40:55,320 --> 01:40:57,200
Senator Joseph Victor "JV" G. Ejercito: by revenue generating measures

1270
01:40:57,200 --> 01:40:58,240
Senator Joseph Victor "JV" G. Ejercito: by the administration.

1271
01:40:59,140 --> 01:40:59,940
Senator Joseph Victor "JV" G. Ejercito: All of these are

1272
01:40:59,940 --> 01:41:00,620
Senator Joseph Victor "JV" G. Ejercito: take note,

1273
01:41:00,780 --> 01:41:02,020
Senator Joseph Victor "JV" G. Ejercito: hindi ko puli niya lahat ito.

1274
01:41:02,780 --> 01:41:02,960
Senator Joseph Victor "JV" G. Ejercito: But,

1275
01:41:03,020 --> 01:41:05,160
Senator Joseph Victor "JV" G. Ejercito: but thanks to the

1276
01:41:05,160 --> 01:41:06,900
Senator Joseph Victor "JV" G. Ejercito: capable USECs now

1277
01:41:06,900 --> 01:41:07,900
Senator Joseph Victor "JV" G. Ejercito: that they were,

1278
01:41:08,200 --> 01:41:09,560
Senator Joseph Victor "JV" G. Ejercito: they serve as my backstop before.

1279
01:41:10,000 --> 01:41:11,180
Senator Joseph Victor "JV" G. Ejercito: We're able to pass these

1280
01:41:11,180 --> 01:41:14,160
Senator Joseph Victor "JV" G. Ejercito: legislations.

1281
01:41:14,840 --> 01:41:15,360
Senator Joseph Victor "JV" G. Ejercito: Anyway,

1282
01:41:15,480 --> 01:41:16,460
Senator Joseph Victor "JV" G. Ejercito: my first question,

1283
01:41:16,960 --> 01:41:18,140
Senator Joseph Victor "JV" G. Ejercito: siguro with regards to na,

1284
01:41:19,060 --> 01:41:20,140
Senator Joseph Victor "JV" G. Ejercito: kasi baka tanungin din ito,

1285
01:41:20,260 --> 01:41:21,420
Senator Joseph Victor "JV" G. Ejercito: at least we have to be prepared.

1286
01:41:21,420 --> 01:41:22,760
Senator Joseph Victor "JV" G. Ejercito: Rising national debt,

1287
01:41:23,220 --> 01:41:24,600
Senator Joseph Victor "JV" G. Ejercito: as of July 2026,

1288
01:41:24,740 --> 01:41:26,620
Senator Joseph Victor "JV" G. Ejercito: the Philippines' total outstanding debt

1289
01:41:26,620 --> 01:41:29,320
Senator Joseph Victor "JV" G. Ejercito: climbed to 19.39 trillion,

1290
01:41:30,140 --> 01:41:32,400
Senator Joseph Victor "JV" G. Ejercito: with debt to GDP

1291
01:41:32,400 --> 01:41:34,240
Senator Joseph Victor "JV" G. Ejercito: sitting at 66%,

1292
01:41:34,240 --> 01:41:35,920
Senator Joseph Victor "JV" G. Ejercito: and is projected to breach

1293
01:41:35,920 --> 01:41:37,720
Senator Joseph Victor "JV" G. Ejercito: 21.48 trillion

1294
01:41:37,720 --> 01:41:39,280
Senator Joseph Victor "JV" G. Ejercito: by the end of 2027.

1295
01:41:40,320 --> 01:41:42,400
Senator Joseph Victor "JV" G. Ejercito: To fund the upcoming fiscal year,

1296
01:41:42,580 --> 01:41:44,680
Senator Joseph Victor "JV" G. Ejercito: the DOF expects to borrow

1297
01:41:44,680 --> 01:41:47,640
Senator Joseph Victor "JV" G. Ejercito: an additional 3.3 trillion.

1298
01:41:48,480 --> 01:41:49,800
Senator Joseph Victor "JV" G. Ejercito: This is very concerning

1299
01:41:49,800 --> 01:41:51,580
Senator Joseph Victor "JV" G. Ejercito: as debt servicing alone

1300
01:41:51,580 --> 01:41:53,100
Senator Joseph Victor "JV" G. Ejercito: under financial expenses,

1301
01:41:53,220 --> 01:41:56,260
Senator Joseph Victor "JV" G. Ejercito: will be at 1.114 trillion

1302
01:41:56,260 --> 01:41:58,120
Senator Joseph Victor "JV" G. Ejercito: of the national debt budget.

1303
01:41:58,920 --> 01:42:00,120
Senator Joseph Victor "JV" G. Ejercito: That's over a trillion pesos

1304
01:42:00,120 --> 01:42:01,480
Senator Joseph Victor "JV" G. Ejercito: going to interest

1305
01:42:01,480 --> 01:42:03,440
Senator Joseph Victor "JV" G. Ejercito: rather than building hospitals,

1306
01:42:03,600 --> 01:42:04,380
Senator Joseph Victor "JV" G. Ejercito: supporting farmers,

1307
01:42:04,560 --> 01:42:06,760
Senator Joseph Victor "JV" G. Ejercito: or improving our transport network.

1308
01:42:08,080 --> 01:42:09,300
Senator Joseph Victor "JV" G. Ejercito: My question is,

1309
01:42:09,400 --> 01:42:10,880
Senator Joseph Victor "JV" G. Ejercito: what concrete revenue measures

1310
01:42:10,880 --> 01:42:12,960
Senator Joseph Victor "JV" G. Ejercito: or strategies is the DOF implementing

1311
01:42:12,960 --> 01:42:16,280
Senator Joseph Victor "JV" G. Ejercito: to ensure that these massive interest payments

1312
01:42:16,280 --> 01:42:17,660
Senator Joseph Victor "JV" G. Ejercito: don't crowd out our spending

1313
01:42:17,660 --> 01:42:19,520
Senator Joseph Victor "JV" G. Ejercito: for other important purposes?

1314
01:42:23,220 --> 01:42:24,540
DOF Secretary Frederick D. Go: Mr. Chair,

1315
01:42:25,040 --> 01:42:26,960
DOF Secretary Frederick D. Go: first, the data that you provided

1316
01:42:26,960 --> 01:42:28,260
DOF Secretary Frederick D. Go: is accurate.

1317
01:42:30,000 --> 01:42:31,600
DOF Secretary Frederick D. Go: I'd just like to

1318
01:42:31,600 --> 01:42:35,220
DOF Secretary Frederick D. Go: reply in two ways,

1319
01:42:35,320 --> 01:42:37,420
DOF Secretary Frederick D. Go: then I'll ask Yusek Carlo Adriano

1320
01:42:37,420 --> 01:42:38,840
DOF Secretary Frederick D. Go: to pitch in,

1321
01:42:39,520 --> 01:42:40,960
DOF Secretary Frederick D. Go: or the National Treasurer,

1322
01:42:41,120 --> 01:42:41,940
DOF Secretary Frederick D. Go: Sharon Almanza.

1323
01:42:42,540 --> 01:42:42,900
DOF Secretary Frederick D. Go: First,

1324
01:42:44,600 --> 01:42:46,300
DOF Secretary Frederick D. Go: what we look at,

1325
01:42:46,800 --> 01:42:48,300
DOF Secretary Frederick D. Go: because it is what is comparable

1326
01:42:48,300 --> 01:42:49,480
DOF Secretary Frederick D. Go: to the rest of the world,

1327
01:42:49,480 --> 01:42:51,480
DOF Secretary Frederick D. Go: is general government debt

1328
01:42:53,220 --> 01:42:54,080
DOF Secretary Frederick D. Go: and GDP.

1329
01:42:54,440 --> 01:42:54,720
DOF Secretary Frederick D. Go: In short,

1330
01:42:54,880 --> 01:42:55,560
DOF Secretary Frederick D. Go: GG debt

1331
01:42:55,560 --> 01:42:57,560
DOF Secretary Frederick D. Go: and not national government debt,

1332
01:42:57,660 --> 01:42:58,720
DOF Secretary Frederick D. Go: which is NG debt.

1333
01:42:59,420 --> 01:42:59,800
DOF Secretary Frederick D. Go: So yes,

1334
01:42:59,920 --> 01:43:02,320
DOF Secretary Frederick D. Go: NG debt is roughly around 66%.

1335
01:43:02,320 --> 01:43:04,740
DOF Secretary Frederick D. Go: GG debt is roughly around 58%.

1336
01:43:04,740 --> 01:43:06,660
DOF Secretary Frederick D. Go: And the World Bank threshold

1337
01:43:06,660 --> 01:43:09,520
DOF Secretary Frederick D. Go: right now for a country

1338
01:43:09,520 --> 01:43:12,320
DOF Secretary Frederick D. Go: like where we are

1339
01:43:12,320 --> 01:43:15,100
DOF Secretary Frederick D. Go: is 70% is the threshold.

1340
01:43:15,260 --> 01:43:16,480
DOF Secretary Frederick D. Go: So at 58%

1341
01:43:16,480 --> 01:43:18,560
DOF Secretary Frederick D. Go: versus the 70% threshold,

1342
01:43:19,120 --> 01:43:20,160
DOF Secretary Frederick D. Go: we have space.

1343
01:43:21,000 --> 01:43:22,840
DOF Secretary Frederick D. Go: And I think more importantly,

1344
01:43:22,840 --> 01:43:24,200
DOF Secretary Frederick D. Go: by the year 2030,

1345
01:43:24,560 --> 01:43:26,160
DOF Secretary Frederick D. Go: our goal is to bring that down

1346
01:43:26,160 --> 01:43:30,340
DOF Secretary Frederick D. Go: to 56.1%.

1347
01:43:30,340 --> 01:43:31,560
DOF Secretary Frederick D. Go: So there's a path

1348
01:43:31,560 --> 01:43:34,720
DOF Secretary Frederick D. Go: to take that down.

1349
01:43:37,740 --> 01:43:40,300
DOF Secretary Frederick D. Go: Those are my two replies.

1350
01:43:40,500 --> 01:43:42,760
DOF Secretary Frederick D. Go: But I think the most critical reply

1351
01:43:42,760 --> 01:43:44,800
DOF Secretary Frederick D. Go: I have, Mr. Chair,

1352
01:43:45,200 --> 01:43:46,300
DOF Secretary Frederick D. Go: is that the DOF,

1353
01:43:46,460 --> 01:43:49,220
DOF Secretary Frederick D. Go: we generate the revenues.

1354
01:43:50,340 --> 01:43:52,740
DOF Secretary Frederick D. Go: And we have to borrow the gap.

1355
01:43:52,840 --> 01:43:55,380
DOF Secretary Frederick D. Go: The problem is,

1356
01:43:55,820 --> 01:43:56,680
DOF Secretary Frederick D. Go: all the other,

1357
01:43:57,080 --> 01:43:58,980
DOF Secretary Frederick D. Go: I'm the only cabinet secretary

1358
01:43:58,980 --> 01:44:00,820
DOF Secretary Frederick D. Go: that generates revenues.

1359
01:44:00,960 --> 01:44:02,160
DOF Secretary Frederick D. Go: We're the only department

1360
01:44:02,160 --> 01:44:03,000
DOF Secretary Frederick D. Go: in the cabinet

1361
01:44:03,000 --> 01:44:04,420
DOF Secretary Frederick D. Go: that generates revenue,

1362
01:44:04,560 --> 01:44:05,180
DOF Secretary Frederick D. Go: so to speak,

1363
01:44:05,680 --> 01:44:06,260
DOF Secretary Frederick D. Go: for the government.

1364
01:44:06,440 --> 01:44:08,080
DOF Secretary Frederick D. Go: All the other agencies

1365
01:44:08,080 --> 01:44:08,740
DOF Secretary Frederick D. Go: are spending.

1366
01:44:09,900 --> 01:44:11,440
DOF Secretary Frederick D. Go: So I think the equation

1367
01:44:11,440 --> 01:44:12,560
DOF Secretary Frederick D. Go: of the gap

1368
01:44:12,560 --> 01:44:14,160
DOF Secretary Frederick D. Go: cannot be answered

1369
01:44:14,160 --> 01:44:15,300
DOF Secretary Frederick D. Go: by DOF alone

1370
01:44:15,300 --> 01:44:18,180
DOF Secretary Frederick D. Go: because we generate the revenues

1371
01:44:18,180 --> 01:44:20,300
DOF Secretary Frederick D. Go: and we borrow the difference.

1372
01:44:21,520 --> 01:44:22,720
DOF Secretary Frederick D. Go: But the other part

1373
01:44:22,720 --> 01:44:23,320
DOF Secretary Frederick D. Go: of the equation

1374
01:44:23,320 --> 01:44:25,720
DOF Secretary Frederick D. Go: are all the other agencies

1375
01:44:25,720 --> 01:44:29,920
DOF Secretary Frederick D. Go: that require the NEP

1376
01:44:29,920 --> 01:44:30,740
DOF Secretary Frederick D. Go: or the GAA.

1377
01:44:32,100 --> 01:44:33,200
DOF Secretary Frederick D. Go: So, Nt, you want to add?

1378
01:44:33,200 --> 01:44:34,020
Senator Joseph Victor "JV" G. Ejercito: Yes, I use the cardio.

1379
01:44:35,520 --> 01:44:36,940
DOF Undersecretary Karlo Fermin S. Adriano: Good afternoon, Mr. Chair.

1380
01:44:37,480 --> 01:44:39,320
DOF Undersecretary Karlo Fermin S. Adriano: So to ensure that we will meet

1381
01:44:39,320 --> 01:44:40,720
DOF Undersecretary Karlo Fermin S. Adriano: our revenue targets,

1382
01:44:41,160 --> 01:44:42,060
DOF Undersecretary Karlo Fermin S. Adriano: as you mentioned,

1383
01:44:42,240 --> 01:44:43,140
DOF Undersecretary Karlo Fermin S. Adriano: we have implemented

1384
01:44:43,140 --> 01:44:44,840
DOF Undersecretary Karlo Fermin S. Adriano: several tax policies

1385
01:44:44,840 --> 01:44:46,140
DOF Undersecretary Karlo Fermin S. Adriano: which include the mining

1386
01:44:46,140 --> 01:44:47,420
DOF Undersecretary Karlo Fermin S. Adriano: fiscal regime.

1387
01:44:47,880 --> 01:44:48,620
DOF Undersecretary Karlo Fermin S. Adriano: And in total,

1388
01:44:48,720 --> 01:44:49,260
DOF Undersecretary Karlo Fermin S. Adriano: on average,

1389
01:44:49,400 --> 01:44:50,200
DOF Undersecretary Karlo Fermin S. Adriano: that would get us

1390
01:44:50,200 --> 01:44:50,980
DOF Undersecretary Karlo Fermin S. Adriano: additional revenue

1391
01:44:50,980 --> 01:44:52,500
DOF Undersecretary Karlo Fermin S. Adriano: around 30 billion pesos

1392
01:44:52,500 --> 01:44:53,040
DOF Undersecretary Karlo Fermin S. Adriano: total.

1393
01:44:53,700 --> 01:44:54,640
DOF Undersecretary Karlo Fermin S. Adriano: And at the same time,

1394
01:44:54,860 --> 01:44:56,280
DOF Undersecretary Karlo Fermin S. Adriano: the DOF is pushing

1395
01:44:56,280 --> 01:44:57,500
DOF Undersecretary Karlo Fermin S. Adriano: for the progress.

1396
01:44:57,600 --> 01:44:58,060
DOF Undersecretary Karlo Fermin S. Adriano: You're promoting

1397
01:44:58,060 --> 01:44:58,960
DOF Undersecretary Karlo Fermin S. Adriano: growth, revenue,

1398
01:44:59,700 --> 01:44:59,980
DOF Undersecretary Karlo Fermin S. Adriano: equity.

1399
01:45:00,000 --> 01:45:01,600
DOF Undersecretary Karlo Fermin S. Adriano: towards socio-economic sustainability

1400
01:45:01,600 --> 01:45:04,380
DOF Undersecretary Karlo Fermin S. Adriano: and if legislated into law

1401
01:45:04,380 --> 01:45:05,920
DOF Undersecretary Karlo Fermin S. Adriano: that will bring another

1402
01:45:05,920 --> 01:45:07,740
DOF Undersecretary Karlo Fermin S. Adriano: net impact of around

1403
01:45:07,740 --> 01:45:10,200
DOF Undersecretary Karlo Fermin S. Adriano: 43 billion pesos.

1404
01:45:11,700 --> 01:45:14,440
DOF Undersecretary Karlo Fermin S. Adriano: Maybe the top can further

1405
01:45:14,440 --> 01:45:16,380
DOF Undersecretary Karlo Fermin S. Adriano: discuss what we're doing

1406
01:45:16,380 --> 01:45:18,040
DOF Undersecretary Karlo Fermin S. Adriano: to ensure fiscal sustainability

1407
01:45:18,040 --> 01:45:19,200
DOF Undersecretary Karlo Fermin S. Adriano: on our debt.

1408
01:45:20,020 --> 01:45:20,760
DOF Undersecretary Karlo Fermin S. Adriano: Mga debt stat.

1409
01:45:22,540 --> 01:45:24,140
Senator Joseph Victor "JV" G. Ejercito: Yes, Treasurer

1410
01:45:24,140 --> 01:45:26,420
Senator Joseph Victor "JV" G. Ejercito: Sharon Almanza.

1411
01:45:27,100 --> 01:45:28,200
Treasurer of the Philippines Sharon P. Almanza: Thank you, Mr. Chair.

1412
01:45:28,200 --> 01:45:30,340
Treasurer of the Philippines Sharon P. Almanza: On the debt management

1413
01:45:30,340 --> 01:45:32,020
Treasurer of the Philippines Sharon P. Almanza: yes, we recognize

1414
01:45:32,020 --> 01:45:34,680
Treasurer of the Philippines Sharon P. Almanza: that our debt service

1415
01:45:34,680 --> 01:45:35,660
Treasurer of the Philippines Sharon P. Almanza: will be increasing

1416
01:45:35,660 --> 01:45:37,080
Treasurer of the Philippines Sharon P. Almanza: especially next year

1417
01:45:37,080 --> 01:45:40,100
Treasurer of the Philippines Sharon P. Almanza: but it's really a consequence

1418
01:45:40,100 --> 01:45:41,200
Treasurer of the Philippines Sharon P. Almanza: of our

1419
01:45:41,200 --> 01:45:44,100
Treasurer of the Philippines Sharon P. Almanza: supporting the deficit

1420
01:45:44,100 --> 01:45:46,240
Treasurer of the Philippines Sharon P. Almanza: ensuring that we will have

1421
01:45:46,240 --> 01:45:48,120
Treasurer of the Philippines Sharon P. Almanza: more budget for productive

1422
01:45:48,120 --> 01:45:49,800
Treasurer of the Philippines Sharon P. Almanza: spending and of course

1423
01:45:49,800 --> 01:45:51,480
Treasurer of the Philippines Sharon P. Almanza: support growth but

1424
01:45:51,480 --> 01:45:54,260
Treasurer of the Philippines Sharon P. Almanza: we are, as mentioned by the Secretary

1425
01:45:54,260 --> 01:45:56,160
Treasurer of the Philippines Sharon P. Almanza: we ensure that we manage

1426
01:45:56,160 --> 01:45:57,020
Treasurer of the Philippines Sharon P. Almanza: debt prudently

1427
01:45:57,020 --> 01:45:59,420
Treasurer of the Philippines Sharon P. Almanza: making sure that we're able

1428
01:45:59,420 --> 01:46:01,900
Treasurer of the Philippines Sharon P. Almanza: to manage the risk

1429
01:46:01,900 --> 01:46:03,380
Treasurer of the Philippines Sharon P. Almanza: of our debt portfolio

1430
01:46:03,380 --> 01:46:06,140
Treasurer of the Philippines Sharon P. Almanza: minimizing our FX

1431
01:46:06,140 --> 01:46:08,600
Treasurer of the Philippines Sharon P. Almanza: exposure in terms of our

1432
01:46:08,600 --> 01:46:10,360
Treasurer of the Philippines Sharon P. Almanza: foreign currency

1433
01:46:10,360 --> 01:46:11,260
Treasurer of the Philippines Sharon P. Almanza: denominated debt

1434
01:46:11,260 --> 01:46:13,700
Treasurer of the Philippines Sharon P. Almanza: but the

1435
01:46:13,700 --> 01:46:15,960
Treasurer of the Philippines Sharon P. Almanza: challenge, Mr. Chair, is

1436
01:46:15,960 --> 01:46:18,280
Treasurer of the Philippines Sharon P. Almanza: we are really facing

1437
01:46:18,280 --> 01:46:20,660
Treasurer of the Philippines Sharon P. Almanza: headwinds. The macroeconomic

1438
01:46:20,660 --> 01:46:22,380
Treasurer of the Philippines Sharon P. Almanza: environment is very

1439
01:46:22,380 --> 01:46:24,460
Treasurer of the Philippines Sharon P. Almanza: challenging. The rates

1440
01:46:24,460 --> 01:46:26,160
Treasurer of the Philippines Sharon P. Almanza: domestically and even abroad

1441
01:46:26,160 --> 01:46:26,640
Treasurer of the Philippines Sharon P. Almanza: has taken a lot of place.

1442
01:46:27,020 --> 01:46:29,400
Treasurer of the Philippines Sharon P. Almanza: Especially after the war

1443
01:46:29,400 --> 01:46:31,640
Treasurer of the Philippines Sharon P. Almanza: and we are actually repricing

1444
01:46:31,640 --> 01:46:34,420
Treasurer of the Philippines Sharon P. Almanza: debt that we've incurred

1445
01:46:34,420 --> 01:46:35,120
Treasurer of the Philippines Sharon P. Almanza: in the past which

1446
01:46:35,120 --> 01:46:37,740
Treasurer of the Philippines Sharon P. Almanza: have very low rates

1447
01:46:37,740 --> 01:46:39,660
Treasurer of the Philippines Sharon P. Almanza: and we are replacing them

1448
01:46:39,660 --> 01:46:41,160
Treasurer of the Philippines Sharon P. Almanza: with very high

1449
01:46:41,160 --> 01:46:43,720
Treasurer of the Philippines Sharon P. Almanza: debt, meaning to say

1450
01:46:43,720 --> 01:46:46,020
Treasurer of the Philippines Sharon P. Almanza: higher interest rates

1451
01:46:46,020 --> 01:46:47,540
Treasurer of the Philippines Sharon P. Almanza: debt. This is about

1452
01:46:47,540 --> 01:46:49,960
Treasurer of the Philippines Sharon P. Almanza: 200 to 300 basis points more expensive

1453
01:46:49,960 --> 01:46:52,140
Treasurer of the Philippines Sharon P. Almanza: that's why, Mr. Chair, we expect

1454
01:46:52,140 --> 01:46:53,740
Treasurer of the Philippines Sharon P. Almanza: that our interest payment will

1455
01:46:53,740 --> 01:46:55,940
Treasurer of the Philippines Sharon P. Almanza: increase not only next year

1456
01:46:55,940 --> 01:46:56,960
Treasurer of the Philippines Sharon P. Almanza: but in the succeeding

1457
01:46:56,960 --> 01:46:57,840
Treasurer of the Philippines Sharon P. Almanza: years. Thank you.

1458
01:46:58,840 --> 01:46:59,300
Senator Joseph Victor "JV" G. Ejercito: Thank you.

1459
01:46:59,400 --> 01:47:02,340
DOF Secretary Frederick D. Go: Mr. Chair, if I may,

1460
01:47:02,460 --> 01:47:03,520
DOF Secretary Frederick D. Go: one last point.

1461
01:47:04,180 --> 01:47:06,520
DOF Secretary Frederick D. Go: There is a page 7 in my presentation

1462
01:47:06,520 --> 01:47:08,660
DOF Secretary Frederick D. Go: earlier. I think that's a very

1463
01:47:08,660 --> 01:47:10,580
DOF Secretary Frederick D. Go: very important slide because it will really

1464
01:47:10,580 --> 01:47:12,500
DOF Secretary Frederick D. Go: explain how we try to keep our debt

1465
01:47:12,500 --> 01:47:13,740
DOF Secretary Frederick D. Go: levels sustainable

1466
01:47:13,740 --> 01:47:15,820
DOF Secretary Frederick D. Go: and manageable.

1467
01:47:16,360 --> 01:47:18,480
DOF Secretary Frederick D. Go: There are three ways, right? One is we want to

1468
01:47:18,480 --> 01:47:20,560
DOF Secretary Frederick D. Go: borrow as much as possible domestically

1469
01:47:20,560 --> 01:47:22,400
DOF Secretary Frederick D. Go: and not borrow in foreign exchange.

1470
01:47:22,920 --> 01:47:24,960
DOF Secretary Frederick D. Go: So right now it's about 6733.

1471
01:47:25,540 --> 01:47:26,740
DOF Secretary Frederick D. Go: Our goal is always to

1472
01:47:26,740 --> 01:47:28,760
DOF Secretary Frederick D. Go: borrow 70 to 75%

1473
01:47:28,760 --> 01:47:30,660
DOF Secretary Frederick D. Go: in peso and

1474
01:47:30,660 --> 01:47:32,760
DOF Secretary Frederick D. Go: 25 to 30% in

1475
01:47:32,760 --> 01:47:33,900
DOF Secretary Frederick D. Go: foreign currency.

1476
01:47:34,500 --> 01:47:36,660
DOF Secretary Frederick D. Go: Second, we try to borrow always

1477
01:47:36,660 --> 01:47:38,580
DOF Secretary Frederick D. Go: if possible in long term

1478
01:47:38,580 --> 01:47:40,960
DOF Secretary Frederick D. Go: meaning over five years.

1479
01:47:42,080 --> 01:47:42,640
DOF Secretary Frederick D. Go: But I think

1480
01:47:42,640 --> 01:47:44,540
DOF Secretary Frederick D. Go: what Treasurer Almanza was

1481
01:47:44,540 --> 01:47:46,520
DOF Secretary Frederick D. Go: trying to say is that with the interest rates

1482
01:47:46,520 --> 01:47:48,700
DOF Secretary Frederick D. Go: going up now, it's very expensive for us

1483
01:47:48,700 --> 01:47:50,420
DOF Secretary Frederick D. Go: to borrow long term. So

1484
01:47:50,420 --> 01:47:52,460
DOF Secretary Frederick D. Go: we may have to shift to shorter

1485
01:47:52,460 --> 01:47:54,260
DOF Secretary Frederick D. Go: term borrowings because it's cheaper.

1486
01:47:55,640 --> 01:47:56,660
DOF Secretary Frederick D. Go: And third is

1487
01:47:56,660 --> 01:47:58,260
DOF Secretary Frederick D. Go: the fixed rates. So we

1488
01:47:58,260 --> 01:48:00,300
DOF Secretary Frederick D. Go: whenever we borrow, we try to borrow

1489
01:48:00,300 --> 01:48:02,420
DOF Secretary Frederick D. Go: for today, up to

1490
01:48:02,420 --> 01:48:04,440
DOF Secretary Frederick D. Go: 90% of our debt is

1491
01:48:04,440 --> 01:48:06,280
DOF Secretary Frederick D. Go: fixed, not variable

1492
01:48:06,280 --> 01:48:08,400
DOF Secretary Frederick D. Go: interest rates. So at least there's

1493
01:48:08,400 --> 01:48:10,420
DOF Secretary Frederick D. Go: predictability in the

1494
01:48:10,420 --> 01:48:12,560
DOF Secretary Frederick D. Go: interest payments of the country.

1495
01:48:13,300 --> 01:48:14,560
DOF Secretary Frederick D. Go: Thank you, Mr.

1496
01:48:14,660 --> 01:48:15,200
DOF Secretary Frederick D. Go: Chair.

1497
01:48:15,200 --> 01:48:16,680
Senator Joseph Victor "JV" G. Ejercito: Okay, thank you. I agree

1498
01:48:16,680 --> 01:48:18,520
Senator Joseph Victor "JV" G. Ejercito: with the LOROS. You have so

1499
01:48:18,520 --> 01:48:20,660
Senator Joseph Victor "JV" G. Ejercito: many headwinds now

1500
01:48:20,660 --> 01:48:22,520
Senator Joseph Victor "JV" G. Ejercito: considering the Middle

1501
01:48:22,520 --> 01:48:24,780
Senator Joseph Victor "JV" G. Ejercito: East crisis internationally.

1502
01:48:25,100 --> 01:48:26,460
Senator Joseph Victor "JV" G. Ejercito: Yung headwinds natin. Problema, may

1503
01:48:26,460 --> 01:48:28,260
Senator Joseph Victor "JV" G. Ejercito: local din. Because of the flood control

1504
01:48:28,260 --> 01:48:30,280
Senator Joseph Victor "JV" G. Ejercito: really affected everything, no?

1505
01:48:30,300 --> 01:48:32,380
Senator Joseph Victor "JV" G. Ejercito: Until now. Revenue

1506
01:48:32,380 --> 01:48:34,100
Senator Joseph Victor "JV" G. Ejercito: was severely

1507
01:48:34,100 --> 01:48:36,660
Senator Joseph Victor "JV" G. Ejercito: affected because of our

1508
01:48:36,660 --> 01:48:38,520
Senator Joseph Victor "JV" G. Ejercito: low spending the past

1509
01:48:38,520 --> 01:48:40,500
Senator Joseph Victor "JV" G. Ejercito: year. And I think we're still reeling from it

1510
01:48:40,500 --> 01:48:41,020
Senator Joseph Victor "JV" G. Ejercito: until now.

1511
01:48:42,220 --> 01:48:44,260
Senator Joseph Victor "JV" G. Ejercito: May linyo pang darating. So

1512
01:48:44,260 --> 01:48:46,320
Senator Joseph Victor "JV" G. Ejercito: many factors. So triple

1513
01:48:46,320 --> 01:48:48,060
Senator Joseph Victor "JV" G. Ejercito: whammy na tayo. Kalao, dobo lang.

1514
01:48:48,900 --> 01:48:49,000
Senator Joseph Victor "JV" G. Ejercito: No?

1515
01:48:50,280 --> 01:48:52,140
Senator Joseph Victor "JV" G. Ejercito: Hopefully, we can really recover.

1516
01:48:54,140 --> 01:48:56,140
Senator Joseph Victor "JV" G. Ejercito: It was mentioned

1517
01:48:56,460 --> 01:48:58,260
Senator Joseph Victor "JV" G. Ejercito: by Yossi Carlo, you know, by

1518
01:48:58,260 --> 01:49:00,400
Senator Joseph Victor "JV" G. Ejercito: 2030, our

1519
01:49:00,400 --> 01:49:01,100
Senator Joseph Victor "JV" G. Ejercito: target

1520
01:49:01,100 --> 01:49:05,140
Senator Joseph Victor "JV" G. Ejercito: dapat mag-fall from 5.1%

1521
01:49:05,140 --> 01:49:05,860
Senator Joseph Victor "JV" G. Ejercito: yung GDP

1522
01:49:05,860 --> 01:49:08,700
Senator Joseph Victor "JV" G. Ejercito: in 2020 to 3.5%

1523
01:49:08,700 --> 01:49:10,400
Senator Joseph Victor "JV" G. Ejercito: in 2030. Correct?

1524
01:49:10,580 --> 01:49:11,610
Senator Joseph Victor "JV" G. Ejercito: Ito ba yung target natin?

1525
01:49:11,610 --> 01:49:12,460
DOF Undersecretary Karlo Fermin S. Adriano: Yes, Mr. Chair.

1526
01:49:12,540 --> 01:49:13,920
DOF Undersecretary Karlo Fermin S. Adriano: In terms of fiscal deficit,

1527
01:49:14,460 --> 01:49:16,500
DOF Undersecretary Karlo Fermin S. Adriano: from 5.1% in

1528
01:49:16,500 --> 01:49:18,460
DOF Undersecretary Karlo Fermin S. Adriano: 2027, the target is to go

1529
01:49:18,460 --> 01:49:20,620
DOF Undersecretary Karlo Fermin S. Adriano: down to 3.5% by 2030.

1530
01:49:21,700 --> 01:49:22,380
DOF Undersecretary Karlo Fermin S. Adriano: But the problem

1531
01:49:22,380 --> 01:49:24,300
Senator Joseph Victor "JV" G. Ejercito: is revenue

1532
01:49:24,300 --> 01:49:25,380
Senator Joseph Victor "JV" G. Ejercito: effort remains

1533
01:49:25,380 --> 01:49:27,180
Senator Joseph Victor "JV" G. Ejercito: nearly flat while

1534
01:49:27,180 --> 01:49:28,900
Senator Joseph Victor "JV" G. Ejercito: disbursements fall

1535
01:49:28,900 --> 01:49:30,920
Senator Joseph Victor "JV" G. Ejercito: from 20.8% to

1536
01:49:30,920 --> 01:49:32,780
Senator Joseph Victor "JV" G. Ejercito: 19.1% of GDP.

1537
01:49:33,800 --> 01:49:35,420
Senator Joseph Victor "JV" G. Ejercito: Question is, is fiscal

1538
01:49:35,420 --> 01:49:37,180
Senator Joseph Victor "JV" G. Ejercito: consolidation therefore primarily

1539
01:49:37,180 --> 01:49:38,060
Senator Joseph Victor "JV" G. Ejercito: an expenditure

1540
01:49:38,060 --> 01:49:41,160
Senator Joseph Victor "JV" G. Ejercito: compression strategy which services

1541
01:49:41,160 --> 01:49:42,660
Senator Joseph Victor "JV" G. Ejercito: investments bear the adjustment?

1542
01:49:43,820 --> 01:49:45,160
DOF Secretary Frederick D. Go: Mr. Chair, I'll answer you

1543
01:49:45,160 --> 01:49:47,400
DOF Secretary Frederick D. Go: two ways, if I may. The first

1544
01:49:47,400 --> 01:49:49,180
DOF Secretary Frederick D. Go: one is our revenues have been growing by

1545
01:49:49,180 --> 01:49:50,620
DOF Secretary Frederick D. Go: double digit annually.

1546
01:49:51,340 --> 01:49:53,320
DOF Secretary Frederick D. Go: As mentioned earlier, I think

1547
01:49:53,320 --> 01:49:55,360
DOF Secretary Frederick D. Go: our revenues have been growing by 10.5%

1548
01:49:55,380 --> 01:49:57,100
DOF Secretary Frederick D. Go: annually. So, revenues

1549
01:49:57,100 --> 01:49:59,200
DOF Secretary Frederick D. Go: are growing and are expected to

1550
01:49:59,200 --> 01:50:01,040
DOF Secretary Frederick D. Go: continue to grow. But

1551
01:50:01,040 --> 01:50:03,060
DOF Secretary Frederick D. Go: to answer your question

1552
01:50:03,060 --> 01:50:05,420
DOF Secretary Frederick D. Go: directly, yes, it is about expenditure

1553
01:50:05,420 --> 01:50:07,240
DOF Secretary Frederick D. Go: compression. The whole

1554
01:50:07,240 --> 01:50:09,240
DOF Secretary Frederick D. Go: theory was COVID

1555
01:50:09,240 --> 01:50:10,680
DOF Secretary Frederick D. Go: brought about

1556
01:50:10,680 --> 01:50:13,080
DOF Secretary Frederick D. Go: a scenario where the government

1557
01:50:13,080 --> 01:50:14,640
DOF Secretary Frederick D. Go: had to

1558
01:50:14,640 --> 01:50:17,260
DOF Secretary Frederick D. Go: spend

1559
01:50:17,260 --> 01:50:19,200
DOF Secretary Frederick D. Go: for the economy

1560
01:50:19,200 --> 01:50:21,180
DOF Secretary Frederick D. Go: to recover. But I think we're

1561
01:50:21,180 --> 01:50:22,260
DOF Secretary Frederick D. Go: already past COVID.

1562
01:50:23,580 --> 01:50:24,820
DOF Secretary Frederick D. Go: And also, the

1563
01:50:24,820 --> 01:50:26,020
DOF Secretary Frederick D. Go: equation of

1564
01:50:26,020 --> 01:50:29,080
DOF Secretary Frederick D. Go: build, build, build, for example,

1565
01:50:29,640 --> 01:50:31,160
DOF Secretary Frederick D. Go: came from a scenario where the

1566
01:50:31,160 --> 01:50:33,320
DOF Secretary Frederick D. Go: government's debt to GDP

1567
01:50:33,320 --> 01:50:34,840
DOF Secretary Frederick D. Go: when they started

1568
01:50:34,840 --> 01:50:37,320
DOF Secretary Frederick D. Go: was 39%.

1569
01:50:38,100 --> 01:50:39,280
DOF Secretary Frederick D. Go: The government

1570
01:50:39,280 --> 01:50:41,260
DOF Secretary Frederick D. Go: debt to GDP was 39%.

1571
01:50:41,260 --> 01:50:43,160
DOF Secretary Frederick D. Go: So, it had a very low base.

1572
01:50:43,540 --> 01:50:45,320
DOF Secretary Frederick D. Go: So, the government had a lot of

1573
01:50:45,320 --> 01:50:47,080
DOF Secretary Frederick D. Go: fiscal space to

1574
01:50:47,080 --> 01:50:49,060
DOF Secretary Frederick D. Go: expand its expenditure.

1575
01:50:49,280 --> 01:50:49,920
DOF Secretary Frederick D. Go: At this point,

1576
01:50:50,880 --> 01:50:51,120
DOF Secretary Frederick D. Go: with

1577
01:50:51,120 --> 01:50:54,640
DOF Secretary Frederick D. Go: our debt to GDP,

1578
01:50:54,820 --> 01:50:56,780
DOF Secretary Frederick D. Go: and interest payments, as you correctly

1579
01:50:56,780 --> 01:50:58,880
DOF Secretary Frederick D. Go: pointed, now hitting 1.1 trillion

1580
01:50:58,880 --> 01:50:59,380
DOF Secretary Frederick D. Go: a year,

1581
01:51:00,520 --> 01:51:02,400
DOF Secretary Frederick D. Go: we need to

1582
01:51:02,400 --> 01:51:04,260
DOF Secretary Frederick D. Go: exercise, I think,

1583
01:51:04,680 --> 01:51:06,440
DOF Secretary Frederick D. Go: more discipline in the

1584
01:51:06,440 --> 01:51:08,660
DOF Secretary Frederick D. Go: expenditure going

1585
01:51:08,660 --> 01:51:09,080
DOF Secretary Frederick D. Go: forward.

1586
01:51:10,920 --> 01:51:12,620
Senator Joseph Victor "JV" G. Ejercito: So, what are the

1587
01:51:12,620 --> 01:51:14,240
Senator Joseph Victor "JV" G. Ejercito: DOF's explicit fiscal

1588
01:51:14,240 --> 01:51:15,700
Senator Joseph Victor "JV" G. Ejercito: correction triggers?

1589
01:51:17,140 --> 01:51:18,440
Senator Joseph Victor "JV" G. Ejercito: Revenue, shortfall,

1590
01:51:18,560 --> 01:51:20,900
Senator Joseph Victor "JV" G. Ejercito: deficit, debt service ratio

1591
01:51:20,900 --> 01:51:23,060
Senator Joseph Victor "JV" G. Ejercito: of debt to GDP

1592
01:51:23,060 --> 01:51:24,580
Senator Joseph Victor "JV" G. Ejercito: level with the government-imposed

1593
01:51:24,580 --> 01:51:25,440
Senator Joseph Victor "JV" G. Ejercito: spending restraint,

1594
01:51:26,520 --> 01:51:28,300
Senator Joseph Victor "JV" G. Ejercito: proposed new revenue measures, or

1595
01:51:28,300 --> 01:51:29,900
Senator Joseph Victor "JV" G. Ejercito: revised the fiscal program?

1596
01:51:31,540 --> 01:51:32,320
Senator Joseph Victor "JV" G. Ejercito: Any correction

1597
01:51:32,320 --> 01:51:33,040
Senator Joseph Victor "JV" G. Ejercito: triggers?

1598
01:51:35,040 --> 01:51:44,580
DOF Secretary Frederick D. Go: Mr. Chair, I think what happens

1599
01:51:44,580 --> 01:51:46,020
DOF Secretary Frederick D. Go: is that the DBCC

1600
01:51:46,020 --> 01:51:48,480
DOF Secretary Frederick D. Go: meets every

1601
01:51:48,480 --> 01:51:50,440
DOF Secretary Frederick D. Go: six months. And when we

1602
01:51:50,440 --> 01:51:52,680
DOF Secretary Frederick D. Go: meet, the

1603
01:51:52,680 --> 01:51:54,380
DOF Secretary Frederick D. Go: DepDev will give us

1604
01:51:54,380 --> 01:51:56,640
DOF Secretary Frederick D. Go: GDP growth projections.

1605
01:51:57,260 --> 01:51:58,980
DOF Secretary Frederick D. Go: The central bank will give us

1606
01:51:58,980 --> 01:52:01,280
DOF Secretary Frederick D. Go: the inflation projections

1607
01:52:01,280 --> 01:52:03,140
DOF Secretary Frederick D. Go: and the foreign exchange projections.

1608
01:52:03,960 --> 01:52:05,100
DOF Secretary Frederick D. Go: And on that basis,

1609
01:52:06,080 --> 01:52:07,320
DOF Secretary Frederick D. Go: the DOF will compute

1610
01:52:07,320 --> 01:52:08,940
DOF Secretary Frederick D. Go: the revenue projections

1611
01:52:08,940 --> 01:52:11,120
DOF Secretary Frederick D. Go: based on the numbers that they

1612
01:52:11,120 --> 01:52:12,620
DOF Secretary Frederick D. Go: provide us.

1613
01:52:13,400 --> 01:52:15,120
DOF Secretary Frederick D. Go: So, I think that the

1614
01:52:15,120 --> 01:52:17,260
DOF Secretary Frederick D. Go: adjustments,

1615
01:52:18,000 --> 01:52:19,020
DOF Secretary Frederick D. Go: if any,

1616
01:52:19,240 --> 01:52:20,940
DOF Secretary Frederick D. Go: if at all, that need to be made,

1617
01:52:21,280 --> 01:52:23,460
DOF Secretary Frederick D. Go: happen at these DBCC meetings.

1618
01:52:23,460 --> 01:52:25,560
DOF Secretary Frederick D. Go: Sorry, we meet every quarter, right?

1619
01:52:25,560 --> 01:52:27,180
DOF Secretary Frederick D. Go: Sorry, we meet every quarter.

1620
01:52:27,700 --> 01:52:29,320
DOF Secretary Frederick D. Go: So, every time the DBCC meets,

1621
01:52:29,440 --> 01:52:31,460
DOF Secretary Frederick D. Go: if the revenue projections, the growth

1622
01:52:31,460 --> 01:52:33,240
DOF Secretary Frederick D. Go: projections, the inflation projections,

1623
01:52:33,780 --> 01:52:35,600
DOF Secretary Frederick D. Go: or oil price projections

1624
01:52:35,600 --> 01:52:36,300
DOF Secretary Frederick D. Go: change,

1625
01:52:36,620 --> 01:52:39,640
DOF Secretary Frederick D. Go: then we adjust accordingly.

1626
01:52:42,400 --> 01:52:43,320
Senator Joseph Victor "JV" G. Ejercito: Before I,

1627
01:52:43,440 --> 01:52:45,540
Senator Joseph Victor "JV" G. Ejercito: I would like to go to

1628
01:52:45,540 --> 01:52:47,560
Senator Joseph Victor "JV" G. Ejercito: the infrastructure spending

1629
01:52:47,560 --> 01:52:48,720
Senator Joseph Victor "JV" G. Ejercito: later because I have

1630
01:52:48,720 --> 01:52:51,520
Senator Joseph Victor "JV" G. Ejercito: filed Senate Bill No. 2, which

1631
01:52:51,520 --> 01:52:53,300
Senator Joseph Victor "JV" G. Ejercito: is the Master Plan for Infrastructure National.

1632
01:52:53,300 --> 01:52:55,500
Senator Joseph Victor "JV" G. Ejercito: Development because, as you know,

1633
01:52:55,620 --> 01:52:57,040
Senator Joseph Victor "JV" G. Ejercito: one of our weak points is

1634
01:52:57,040 --> 01:52:58,200
Senator Joseph Victor "JV" G. Ejercito: infrastructure development.

1635
01:52:59,240 --> 01:53:01,180
Senator Joseph Victor "JV" G. Ejercito: Through the years, more than

1636
01:53:01,180 --> 01:53:03,220
Senator Joseph Victor "JV" G. Ejercito: siguro, I think, we've been spending

1637
01:53:03,220 --> 01:53:05,460
Senator Joseph Victor "JV" G. Ejercito: about 2% only of our GDP

1638
01:53:05,460 --> 01:53:07,400
Senator Joseph Victor "JV" G. Ejercito: through the decades.

1639
01:53:07,560 --> 01:53:08,980
Senator Joseph Victor "JV" G. Ejercito: Now, it's 5%, but

1640
01:53:08,980 --> 01:53:11,180
Senator Joseph Victor "JV" G. Ejercito: through many years, many

1641
01:53:11,180 --> 01:53:13,340
Senator Joseph Victor "JV" G. Ejercito: decades, nasa 2%

1642
01:53:13,340 --> 01:53:15,040
Senator Joseph Victor "JV" G. Ejercito: na tayo, while the others are spending about

1643
01:53:15,040 --> 01:53:17,300
Senator Joseph Victor "JV" G. Ejercito: 5%. Last year, at least

1644
01:53:17,300 --> 01:53:18,860
Senator Joseph Victor "JV" G. Ejercito: we are now 5%.

1645
01:53:18,860 --> 01:53:21,440
Senator Joseph Victor "JV" G. Ejercito: So, because of that, we

1646
01:53:21,440 --> 01:53:23,200
Senator Joseph Victor "JV" G. Ejercito: fell behind.

1647
01:53:23,300 --> 01:53:25,160
Senator Joseph Victor "JV" G. Ejercito: Our Southeast Asian

1648
01:53:25,160 --> 01:53:26,940
Senator Joseph Victor "JV" G. Ejercito: neighbors in infrastructure development

1649
01:53:26,940 --> 01:53:29,020
Senator Joseph Victor "JV" G. Ejercito: and probably one of the reasons why

1650
01:53:29,020 --> 01:53:31,080
Senator Joseph Victor "JV" G. Ejercito: foreign investors are looking at the

1651
01:53:31,080 --> 01:53:32,740
Senator Joseph Victor "JV" G. Ejercito: other way because of our weak

1652
01:53:32,740 --> 01:53:34,640
Senator Joseph Victor "JV" G. Ejercito: high cost of

1653
01:53:34,640 --> 01:53:36,840
Senator Joseph Victor "JV" G. Ejercito: energy and unstable.

1654
01:53:37,780 --> 01:53:37,940
Senator Joseph Victor "JV" G. Ejercito: And,

1655
01:53:37,980 --> 01:53:41,040
Senator Joseph Victor "JV" G. Ejercito: nakakalungkot, no? I sent our geekers here

1656
01:53:41,040 --> 01:53:42,580
Senator Joseph Victor "JV" G. Ejercito: because we have been

1657
01:53:42,580 --> 01:53:44,440
Senator Joseph Victor "JV" G. Ejercito: pushing for local

1658
01:53:44,440 --> 01:53:45,700
Senator Joseph Victor "JV" G. Ejercito: strengthening

1659
01:53:45,700 --> 01:53:48,960
Senator Joseph Victor "JV" G. Ejercito: local agriculture industry,

1660
01:53:49,180 --> 01:53:51,400
Senator Joseph Victor "JV" G. Ejercito: pero para naging import dependent na tayo,

1661
01:53:52,020 --> 01:53:53,060
Senator Joseph Victor "JV" G. Ejercito: also,

1662
01:53:53,300 --> 01:53:54,280
Senator Joseph Victor "JV" G. Ejercito: we forgot to

1663
01:53:54,280 --> 01:53:57,340
Senator Joseph Victor "JV" G. Ejercito: is it because we forgot also to

1664
01:53:57,340 --> 01:53:59,640
Senator Joseph Victor "JV" G. Ejercito: to invest

1665
01:53:59,640 --> 01:54:01,540
Senator Joseph Victor "JV" G. Ejercito: in industries. Dati may mga industries

1666
01:54:01,540 --> 01:54:02,920
Senator Joseph Victor "JV" G. Ejercito: na tayo na, we are import

1667
01:54:02,920 --> 01:54:04,900
Senator Joseph Victor "JV" G. Ejercito: dependent. So,

1668
01:54:05,520 --> 01:54:07,880
Senator Joseph Victor "JV" G. Ejercito: dalawang problema natin, weak infra and also

1669
01:54:07,880 --> 01:54:08,860
Senator Joseph Victor "JV" G. Ejercito: yun nga, yung

1670
01:54:08,860 --> 01:54:12,480
Senator Joseph Victor "JV" G. Ejercito: industries,

1671
01:54:12,740 --> 01:54:14,940
Senator Joseph Victor "JV" G. Ejercito: we failed to develop.

1672
01:54:15,500 --> 01:54:16,280
Senator Joseph Victor "JV" G. Ejercito: So, yung ano ko lang,

1673
01:54:16,960 --> 01:54:18,160
Senator Joseph Victor "JV" G. Ejercito: did we

1674
01:54:18,160 --> 01:54:21,240
Senator Joseph Victor "JV" G. Ejercito: concentrate so much or we were concerned

1675
01:54:21,240 --> 01:54:23,260
Senator Joseph Victor "JV" G. Ejercito: so much with debt servicing that we

1676
01:54:23,260 --> 01:54:25,560
Senator Joseph Victor "JV" G. Ejercito: forgot to invest in infrastructure

1677
01:54:25,560 --> 01:54:26,680
Senator Joseph Victor "JV" G. Ejercito: and also

1678
01:54:26,680 --> 01:54:28,980
Senator Joseph Victor "JV" G. Ejercito: industries as a whole, no?

1679
01:54:29,080 --> 01:54:31,140
Senator Joseph Victor "JV" G. Ejercito: To develop. Kasi, while others,

1680
01:54:31,280 --> 01:54:33,260
Senator Joseph Victor "JV" G. Ejercito: our Asian neighbors, although they

1681
01:54:33,260 --> 01:54:35,340
Senator Joseph Victor "JV" G. Ejercito: have debts also, but they still

1682
01:54:35,340 --> 01:54:37,260
Senator Joseph Victor "JV" G. Ejercito: invested heavily in

1683
01:54:37,260 --> 01:54:39,200
Senator Joseph Victor "JV" G. Ejercito: infrastructure development and industries.

1684
01:54:39,560 --> 01:54:41,160
Senator Joseph Victor "JV" G. Ejercito: That's why they're reaping

1685
01:54:41,160 --> 01:54:42,880
Senator Joseph Victor "JV" G. Ejercito: their benefits right now.

1686
01:54:43,580 --> 01:54:45,160
Senator Joseph Victor "JV" G. Ejercito: Just general

1687
01:54:45,160 --> 01:54:47,180
Senator Joseph Victor "JV" G. Ejercito: because I'm pushing for the master plan for

1688
01:54:47,180 --> 01:54:48,560
Senator Joseph Victor "JV" G. Ejercito: infrastructure national development.

1689
01:54:49,980 --> 01:54:51,300
DOF Secretary Frederick D. Go: Mr. Chair, if I

1690
01:54:51,300 --> 01:54:53,080
DOF Secretary Frederick D. Go: may express, I guess at this point,

1691
01:54:53,260 --> 01:54:55,340
DOF Secretary Frederick D. Go: personal opinion, I definitely

1692
01:54:55,340 --> 01:54:57,020
DOF Secretary Frederick D. Go: support the

1693
01:54:57,020 --> 01:54:59,040
DOF Secretary Frederick D. Go: master plan in infrastructure

1694
01:54:59,040 --> 01:55:01,520
DOF Secretary Frederick D. Go: so that all the

1695
01:55:01,520 --> 01:55:03,400
DOF Secretary Frederick D. Go: efforts of infrastructure

1696
01:55:03,400 --> 01:55:05,800
DOF Secretary Frederick D. Go: development will be

1697
01:55:05,800 --> 01:55:07,300
DOF Secretary Frederick D. Go: aligned

1698
01:55:07,300 --> 01:55:08,980
DOF Secretary Frederick D. Go: and streamlined

1699
01:55:08,980 --> 01:55:11,520
DOF Secretary Frederick D. Go: towards one master plan rather

1700
01:55:11,520 --> 01:55:12,020
DOF Secretary Frederick D. Go: than

1701
01:55:12,020 --> 01:55:17,240
DOF Secretary Frederick D. Go: yes, in your words correctly,

1702
01:55:18,320 --> 01:55:19,380
DOF Secretary Frederick D. Go: Mr. Senator. So,

1703
01:55:20,040 --> 01:55:21,480
DOF Secretary Frederick D. Go: yeah, I believe so because

1704
01:55:21,480 --> 01:55:23,240
DOF Secretary Frederick D. Go: right now, there's probably too much

1705
01:55:23,240 --> 01:55:25,320
DOF Secretary Frederick D. Go: flexibility or discretion

1706
01:55:25,320 --> 01:55:26,820
DOF Secretary Frederick D. Go: in

1707
01:55:26,820 --> 01:55:29,460
DOF Secretary Frederick D. Go: the various programs. But if there's

1708
01:55:29,460 --> 01:55:31,180
DOF Secretary Frederick D. Go: a master plan that has to be followed,

1709
01:55:31,720 --> 01:55:33,540
DOF Secretary Frederick D. Go: there's a north star to be followed,

1710
01:55:33,540 --> 01:55:35,420
DOF Secretary Frederick D. Go: then all the infrastructure programs can be

1711
01:55:35,420 --> 01:55:36,120
DOF Secretary Frederick D. Go: aligned with that.

1712
01:55:37,060 --> 01:55:39,580
Senator Joseph Victor "JV" G. Ejercito: Maybe it's also because of our political

1713
01:55:39,580 --> 01:55:41,600
Senator Joseph Victor "JV" G. Ejercito: system, yung six years and three

1714
01:55:41,600 --> 01:55:43,640
Senator Joseph Victor "JV" G. Ejercito: years. Most presidents are

1715
01:55:43,640 --> 01:55:45,560
Senator Joseph Victor "JV" G. Ejercito: looking at the legacy that they will leave

1716
01:55:45,560 --> 01:55:47,480
Senator Joseph Victor "JV" G. Ejercito: in their

1717
01:55:47,480 --> 01:55:49,400
Senator Joseph Victor "JV" G. Ejercito: presidencies. Kaya six years lang at

1718
01:55:49,400 --> 01:55:50,780
Senator Joseph Victor "JV" G. Ejercito: three years. Bihira yung

1719
01:55:50,780 --> 01:55:53,220
Senator Joseph Victor "JV" G. Ejercito: nag-iisip ng long term. And when,

1720
01:55:53,240 --> 01:55:54,780
Senator Joseph Victor "JV" G. Ejercito: when you talk about big ticket items,

1721
01:55:54,780 --> 01:55:56,980
Senator Joseph Victor "JV" G. Ejercito: from planning to study,

1722
01:55:57,080 --> 01:55:58,760
Senator Joseph Victor "JV" G. Ejercito: study to planning to execution,

1723
01:55:58,940 --> 01:56:00,780
Senator Joseph Victor "JV" G. Ejercito: implementation, construction itself,

1724
01:56:01,560 --> 01:56:02,860
Senator Joseph Victor "JV" G. Ejercito: that takes about

1725
01:56:02,860 --> 01:56:04,560
Senator Joseph Victor "JV" G. Ejercito: 30, 40, 50 years.

1726
01:56:04,880 --> 01:56:06,940
Senator Joseph Victor "JV" G. Ejercito: And yan, dapat ganun ng planning.

1727
01:56:07,060 --> 01:56:08,800
Senator Joseph Victor "JV" G. Ejercito: That's why I'm pushing for this.

1728
01:56:08,900 --> 01:56:10,700
Senator Joseph Victor "JV" G. Ejercito: It's now Senate Bill No. 2 and it's

1729
01:56:10,700 --> 01:56:12,600
Senator Joseph Victor "JV" G. Ejercito: being prioritized as a

1730
01:56:12,600 --> 01:56:13,740
Senator Joseph Victor "JV" G. Ejercito: led-up priority measure.

1731
01:56:14,740 --> 01:56:16,780
Senator Joseph Victor "JV" G. Ejercito: I'm hoping, Sek, that this will become

1732
01:56:16,780 --> 01:56:18,520
Senator Joseph Victor "JV" G. Ejercito: the blueprint of our, that will be our

1733
01:56:18,520 --> 01:56:20,440
Senator Joseph Victor "JV" G. Ejercito: direction in the future. So,

1734
01:56:20,440 --> 01:56:21,540
Senator Joseph Victor "JV" G. Ejercito: thank you for

1735
01:56:21,540 --> 01:56:24,500
Senator Joseph Victor "JV" G. Ejercito: in advance for your support. So, yun

1736
01:56:24,500 --> 01:56:25,280
Senator Joseph Victor "JV" G. Ejercito: ang natin, no?

1737
01:56:26,180 --> 01:56:28,880
Senator Joseph Victor "JV" G. Ejercito: Parang we have been, we have under-invested

1738
01:56:28,880 --> 01:56:30,400
Senator Joseph Victor "JV" G. Ejercito: in infrastructure and

1739
01:56:30,400 --> 01:56:31,900
Senator Joseph Victor "JV" G. Ejercito: industries needed to

1740
01:56:31,900 --> 01:56:34,660
Senator Joseph Victor "JV" G. Ejercito: grow the economy, hopefully with this

1741
01:56:34,660 --> 01:56:36,780
Senator Joseph Victor "JV" G. Ejercito: infrastructure. Kasama rin nito,

1742
01:56:36,860 --> 01:56:38,720
Senator Joseph Victor "JV" G. Ejercito: it's not just infrastructure, transport,

1743
01:56:39,560 --> 01:56:40,480
Senator Joseph Victor "JV" G. Ejercito: energy, even

1744
01:56:40,480 --> 01:56:41,280
Senator Joseph Victor "JV" G. Ejercito: industries, no?

1745
01:56:42,380 --> 01:56:44,200
Senator Joseph Victor "JV" G. Ejercito: Will be part of this. So,

1746
01:56:45,200 --> 01:56:46,520
Senator Joseph Victor "JV" G. Ejercito: what are the policies to

1747
01:56:46,520 --> 01:56:48,580
Senator Joseph Victor "JV" G. Ejercito: maintain fiscal discipline without sacrificing

1748
01:56:48,580 --> 01:56:50,660
Senator Joseph Victor "JV" G. Ejercito: infrastructure and

1749
01:56:50,660 --> 01:56:51,420
Senator Joseph Victor "JV" G. Ejercito: other investments?

1750
01:56:51,540 --> 01:56:53,800
Senator Joseph Victor "JV" G. Ejercito: Will we have, will we

1751
01:56:53,800 --> 01:56:56,060
Senator Joseph Victor "JV" G. Ejercito: enforce policies to maintain

1752
01:56:56,060 --> 01:56:57,960
Senator Joseph Victor "JV" G. Ejercito: fiscal discipline without sacrificing

1753
01:56:57,960 --> 01:56:59,960
Senator Joseph Victor "JV" G. Ejercito: infrastructure and other investments?

1754
01:57:12,940 --> 01:57:15,600
Senator Joseph Victor "JV" G. Ejercito: You can couch your answer in

1755
01:57:15,600 --> 01:57:17,280
Senator Joseph Victor "JV" G. Ejercito: diplomatic

1756
01:57:17,280 --> 01:57:18,400
Senator Joseph Victor "JV" G. Ejercito: language.

1757
01:57:21,540 --> 01:57:45,660
DOF Secretary Frederick D. Go: I think the if you look at the national expenditure program of 7.2 trillion pesos, only 1.1 trillion is for interest expense. And interest expense is not something that we can adjust. It is a commitment of the country to its domestic creditors and international creditors. The moment we do not

1758
01:57:45,660 --> 01:57:47,860
DOF Secretary Frederick D. Go: pay

1759
01:57:47,860 --> 01:57:51,100
DOF Secretary Frederick D. Go: what we are contractually obligated to pay,

1760
01:57:51,540 --> 01:57:53,160
DOF Secretary Frederick D. Go: we'll destroy

1761
01:57:53,160 --> 01:57:55,540
DOF Secretary Frederick D. Go: our reputation

1762
01:57:55,540 --> 01:57:57,480
DOF Secretary Frederick D. Go: and credibility beyond

1763
01:57:57,480 --> 01:57:59,660
DOF Secretary Frederick D. Go: repair for

1764
01:57:59,660 --> 01:58:01,560
DOF Secretary Frederick D. Go: maybe the next few generations.

1765
01:58:02,580 --> 01:58:03,480
DOF Secretary Frederick D. Go: So, interest payments

1766
01:58:03,480 --> 01:58:05,280
DOF Secretary Frederick D. Go: is not something that we

1767
01:58:05,280 --> 01:58:07,580
DOF Secretary Frederick D. Go: have liberty to

1768
01:58:07,580 --> 01:58:09,840
DOF Secretary Frederick D. Go: adjust or to postpone.

1769
01:58:11,300 --> 01:58:13,580
DOF Secretary Frederick D. Go: So, if you look at the rest of the budget,

1770
01:58:14,580 --> 01:58:17,540
DOF Secretary Frederick D. Go: I will take your advice to couch it as

1771
01:58:17,540 --> 01:58:19,080
DOF Secretary Frederick D. Go: diplomatically as possible.

1772
01:58:19,080 --> 01:58:21,340
DOF Secretary Frederick D. Go: If you look at the rest of the

1773
01:58:21,340 --> 01:58:23,380
DOF Secretary Frederick D. Go: budget of 6.1 trillion

1774
01:58:23,380 --> 01:58:23,860
DOF Secretary Frederick D. Go: pesos,

1775
01:58:26,860 --> 01:58:29,020
DOF Secretary Frederick D. Go: I think the

1776
01:58:29,020 --> 01:58:31,380
DOF Secretary Frederick D. Go: flexibility of

1777
01:58:31,380 --> 01:58:33,400
DOF Secretary Frederick D. Go: the national government is getting

1778
01:58:33,400 --> 01:58:35,220
DOF Secretary Frederick D. Go: tighter and

1779
01:58:35,220 --> 01:58:35,720
DOF Secretary Frederick D. Go: tighter.

1780
01:58:36,340 --> 01:58:39,000
DOF Secretary Frederick D. Go: We almost have very

1781
01:58:39,000 --> 01:58:40,980
DOF Secretary Frederick D. Go: little room to actually

1782
01:58:40,980 --> 01:58:42,600
DOF Secretary Frederick D. Go: maneuver

1783
01:58:42,600 --> 01:58:45,120
DOF Secretary Frederick D. Go: within the

1784
01:58:45,120 --> 01:58:45,480
DOF Secretary Frederick D. Go: budget.

1785
01:58:46,460 --> 01:58:48,340
DOF Secretary Frederick D. Go: A lot of

1786
01:58:48,340 --> 01:58:50,880
DOF Secretary Frederick D. Go: budget line items are

1787
01:58:50,880 --> 01:58:51,380
DOF Secretary Frederick D. Go: actually

1788
01:58:51,380 --> 01:58:54,160
DOF Secretary Frederick D. Go: dictated by legislation

1789
01:58:54,160 --> 01:58:56,520
DOF Secretary Frederick D. Go: or earmarked

1790
01:58:56,520 --> 01:58:58,080
DOF Secretary Frederick D. Go: or are

1791
01:58:58,080 --> 01:59:01,920
DOF Secretary Frederick D. Go: obligated by

1792
01:59:01,920 --> 01:59:02,920
DOF Secretary Frederick D. Go: law.

1793
01:59:04,020 --> 01:59:06,160
DOF Secretary Frederick D. Go: And it's becoming more and more

1794
01:59:06,160 --> 01:59:06,720
DOF Secretary Frederick D. Go: difficult

1795
01:59:06,720 --> 01:59:10,160
DOF Secretary Frederick D. Go: for, and it will become

1796
01:59:10,160 --> 01:59:12,200
DOF Secretary Frederick D. Go: even more difficult for future

1797
01:59:12,200 --> 01:59:14,060
DOF Secretary Frederick D. Go: administrations

1798
01:59:14,060 --> 01:59:16,260
DOF Secretary Frederick D. Go: to move

1799
01:59:16,260 --> 01:59:17,780
DOF Secretary Frederick D. Go: around the fiscal space.

1800
01:59:20,880 --> 01:59:29,920
Senator Francis Kiko Pangilinan: But of course, it's a combination of interventions as well as foreign direct investments,

1801
01:59:29,920 --> 01:59:33,000
Senator Francis Kiko Pangilinan: better tax

1802
01:59:33,000 --> 01:59:34,600
Senator Francis Kiko Pangilinan: take, etc.

1803
01:59:34,840 --> 01:59:36,100
Senator Francis Kiko Pangilinan: will help create

1804
01:59:36,100 --> 01:59:38,740
Senator Francis Kiko Pangilinan: the environment

1805
01:59:38,740 --> 01:59:41,080
Senator Francis Kiko Pangilinan: that will give you more fiscal space.

1806
01:59:43,080 --> 01:59:44,420
Senator Francis Kiko Pangilinan: For example,

1807
01:59:45,540 --> 01:59:46,740
Senator Francis Kiko Pangilinan: the foreign direct

1808
01:59:46,740 --> 01:59:49,120
Senator Francis Kiko Pangilinan: investments during President Aquino's

1809
01:59:49,120 --> 01:59:49,920
Senator Francis Kiko Pangilinan: time was

1810
01:59:49,920 --> 01:59:51,840
Senator Francis Kiko Pangilinan: larger than

1811
01:59:51,840 --> 01:59:52,820
Senator Francis Kiko Pangilinan: all other

1812
01:59:52,820 --> 01:59:55,220
Senator Francis Kiko Pangilinan: administrations prior to him.

1813
01:59:56,560 --> 01:59:57,700
Senator Francis Kiko Pangilinan: The data

1814
01:59:57,700 --> 01:59:59,100
Senator Francis Kiko Pangilinan: will show that.

1815
02:00:00,000 --> 02:00:18,120
Senator Francis Kiko Pangilinan: Which means therefore that a future administration can do a repeat or maybe outdo that kind of intervention wherein foreign direct investments will come in.

1816
02:00:18,120 --> 02:00:29,700
Senator Francis Kiko Pangilinan: Right now, of course, and there are several factors why foreign direct investments won't come to the Philippines in the same way that they go to Thailand or Vietnam, etc.

1817
02:00:30,000 --> 02:00:33,220
Senator Francis Kiko Pangilinan: So I agree with you, the fiscal space is so tight.

1818
02:00:33,820 --> 02:00:49,640
Senator Francis Kiko Pangilinan: And that's why, you know, how to be able to, how do you call it, tweak, intervene, create the necessary policies so that the environment becomes conducive to investments.

1819
02:00:49,640 --> 02:00:59,980
Senator Francis Kiko Pangilinan: As was mentioned last year, the flood control scandal really dampened investors' confidence.

1820
02:01:00,000 --> 02:01:10,980
Senator Francis Kiko Pangilinan: In the country, and that affected, again, you know, the climate for investments for the country.

1821
02:01:12,000 --> 02:01:22,220
Senator Francis Kiko Pangilinan: And that's why you had to scale down all your projections, your growth targets because of certain events that took place.

1822
02:01:22,880 --> 02:01:29,220
Senator Francis Kiko Pangilinan: So we just go back to the drawing board, figure out why, how to, you know, address those.

1823
02:01:30,000 --> 02:01:36,120
Senator Francis Kiko Pangilinan: The factors that led to the loss of investors' confidence, among others.

1824
02:01:37,460 --> 02:01:52,820
Senator Francis Kiko Pangilinan: And I'd like to think the private sector, once they see the consistency in policy, the consistency, predictability in terms of the climate, they will, they have the big, deepest pockets.

1825
02:01:52,820 --> 02:01:59,300
Senator Francis Kiko Pangilinan: What is the contribution of government to GDP today? 20 percent? 22 percent?

1826
02:02:00,000 --> 02:02:05,240
Senator Francis Kiko Pangilinan: What is it? GDP contribution? 22.

1827
02:02:06,880 --> 02:02:11,920
Senator Francis Kiko Pangilinan: And so, 78 percent of GDP is private sector.

1828
02:02:12,920 --> 02:02:27,460
Senator Francis Kiko Pangilinan: So if you want the 78 percent, you know, to dig deep into their deep pockets, the government must inspire them to do so by being, you know, the confidence.

1829
02:02:27,460 --> 02:02:29,460
Senator Francis Kiko Pangilinan: That's why good governance predictability.

1830
02:02:30,000 --> 02:02:38,800
Senator Francis Kiko Pangilinan: Good governance predictability, anti-corruption, these are all big words, but they will translate into a climate conducive to investments.

1831
02:02:40,260 --> 02:02:48,080
Senator Francis Kiko Pangilinan: And it has to be, and maybe it has to be consistent, not just in a six-year period.

1832
02:02:48,680 --> 02:02:56,040
Senator Francis Kiko Pangilinan: And if you look at our neighbors in the region, they all had at least 20 years of continuity in policy.

1833
02:02:56,580 --> 02:02:59,040
Senator Francis Kiko Pangilinan: I'm not, I'm not endorsing.

1834
02:03:00,000 --> 02:03:01,660
Senator Francis Kiko Pangilinan: Dictatorship or whatever.

1835
02:03:02,220 --> 02:03:07,920
Senator Francis Kiko Pangilinan: I'm just saying, because Indonesia was able to do it through elections.

1836
02:03:09,220 --> 02:03:20,020
Senator Francis Kiko Pangilinan: You know, they had 18 years of Megawati, Susilo, Vidodo, in terms of their policies.

1837
02:03:20,820 --> 02:03:24,860
Senator Francis Kiko Pangilinan: UMNO, I've been around for the last 30 years.

1838
02:03:24,860 --> 02:03:26,840
Senator Francis Kiko Pangilinan: South Korea, the same.

1839
02:03:26,960 --> 02:03:29,860
Senator Francis Kiko Pangilinan: They had 20 years of consistency in policy, predictability.

1840
02:03:30,000 --> 02:03:33,840
Senator Francis Kiko Pangilinan: Thailand, the same, because of the king and continuity.

1841
02:03:34,740 --> 02:03:36,700
Senator Francis Kiko Pangilinan: Vietnam, continuity.

1842
02:03:39,260 --> 02:03:40,860
Senator Francis Kiko Pangilinan: Taiwan, continuity.

1843
02:03:41,980 --> 02:03:47,720
Senator Francis Kiko Pangilinan: Tayo lang yung pagbagong presidente, bagong patakaran, di naman.

1844
02:03:48,160 --> 02:03:49,620
Senator Francis Kiko Pangilinan: So, so forth and so on.

1845
02:03:49,640 --> 02:03:50,480
Senator Francis Kiko Pangilinan: So, that's a challenge.

1846
02:03:51,060 --> 02:03:51,860
Senator Francis Kiko Pangilinan: You know, that's a challenge.

1847
02:03:51,980 --> 02:03:58,560
Senator Francis Kiko Pangilinan: But I think these basic interventions of good governance, confidence building,

1848
02:03:58,560 --> 02:03:59,560
Senator Francis Kiko Pangilinan: will, will bring.

1849
02:04:00,000 --> 02:04:01,100
Senator Francis Kiko Pangilinan: us to a

1850
02:04:01,100 --> 02:04:03,180
Senator Francis Kiko Pangilinan: sweet spot.

1851
02:04:03,540 --> 02:04:05,560
Senator Francis Kiko Pangilinan: We used to be the sweet spot of

1852
02:04:05,560 --> 02:04:06,880
Senator Francis Kiko Pangilinan: Asia for a time.

1853
02:04:07,500 --> 02:04:10,300
Senator Francis Kiko Pangilinan: 6% growth consistently

1854
02:04:10,300 --> 02:04:11,380
Senator Francis Kiko Pangilinan: for 6 years.

1855
02:04:11,840 --> 02:04:13,780
Senator Francis Kiko Pangilinan: We even hit 7.2% growth.

1856
02:04:14,840 --> 02:04:15,960
Senator Francis Kiko Pangilinan: You don't have to reinvent

1857
02:04:15,960 --> 02:04:18,000
Senator Francis Kiko Pangilinan: the wheel. Sorry, that's my...

1858
02:04:18,720 --> 02:04:20,020
Senator Francis Kiko Pangilinan: So we look forward

1859
02:04:20,020 --> 02:04:21,740
Senator Francis Kiko Pangilinan: to the next 2 years.

1860
02:04:22,220 --> 02:04:24,080
Senator Francis Kiko Pangilinan: The election cycle is coming up.

1861
02:04:24,780 --> 02:04:25,960
Senator Francis Kiko Pangilinan: Let's prepare for that

1862
02:04:25,960 --> 02:04:28,400
Senator Francis Kiko Pangilinan: and bring good governance

1863
02:04:28,400 --> 02:04:30,080
Senator Francis Kiko Pangilinan: front and center

1864
02:04:30,080 --> 02:04:31,000
Senator Francis Kiko Pangilinan: in our governance

1865
02:04:31,000 --> 02:04:33,580
Senator Francis Kiko Pangilinan: mantra.

1866
02:04:34,960 --> 02:04:35,740
Senator Francis Kiko Pangilinan: And we

1867
02:04:35,740 --> 02:04:37,740
Senator Francis Kiko Pangilinan: will achieve

1868
02:04:37,740 --> 02:04:40,180
Senator Francis Kiko Pangilinan: so much in terms of

1869
02:04:40,180 --> 02:04:42,100
Senator Francis Kiko Pangilinan: addressing the lack

1870
02:04:42,100 --> 02:04:44,080
Senator Francis Kiko Pangilinan: of fiscal space that

1871
02:04:44,080 --> 02:04:44,700
Senator Francis Kiko Pangilinan: we have now.

1872
02:04:45,740 --> 02:04:47,780
DOF Secretary Frederick D. Go: Sir Chair,

1873
02:04:48,060 --> 02:04:49,340
DOF Secretary Frederick D. Go: 30-second response.

1874
02:04:49,980 --> 02:04:52,000
DOF Secretary Frederick D. Go: I agree with you, Mr. Senator, which is

1875
02:04:52,000 --> 02:04:54,000
DOF Secretary Frederick D. Go: exactly why I spent the better part

1876
02:04:54,000 --> 02:04:55,640
DOF Secretary Frederick D. Go: of my first 3 years in government

1877
02:04:55,640 --> 02:04:58,120
DOF Secretary Frederick D. Go: trying to attract investments

1878
02:04:58,120 --> 02:04:59,620
DOF Secretary Frederick D. Go: and creating an environment

1879
02:04:59,620 --> 02:05:02,040
DOF Secretary Frederick D. Go: conducive for doing business.

1880
02:05:02,160 --> 02:05:03,360
DOF Secretary Frederick D. Go: So I totally agree with you.

1881
02:05:03,920 --> 02:05:05,760
DOF Secretary Frederick D. Go: I would just like to say that I was

1882
02:05:05,760 --> 02:05:07,420
DOF Secretary Frederick D. Go: responding directly

1883
02:05:07,420 --> 02:05:09,540
DOF Secretary Frederick D. Go: to the Chair's comment of

1884
02:05:09,540 --> 02:05:11,520
DOF Secretary Frederick D. Go: why can't we spend 5%

1885
02:05:11,520 --> 02:05:14,220
DOF Secretary Frederick D. Go: of GDP for infrastructure.

1886
02:05:14,220 --> 02:05:16,360
DOF Secretary Frederick D. Go: I was just explaining the tight

1887
02:05:16,360 --> 02:05:18,220
DOF Secretary Frederick D. Go: space

1888
02:05:18,780 --> 02:05:20,180
DOF Secretary Frederick D. Go: in the expenditure side

1889
02:05:20,180 --> 02:05:22,220
DOF Secretary Frederick D. Go: which limits the

1890
02:05:22,220 --> 02:05:24,480
DOF Secretary Frederick D. Go: percentage of the budget

1891
02:05:24,480 --> 02:05:25,980
DOF Secretary Frederick D. Go: that can be allocated

1892
02:05:25,980 --> 02:05:27,800
DOF Secretary Frederick D. Go: to infrastructure.

1893
02:05:28,120 --> 02:05:29,520
Senator Francis Kiko Pangilinan: In fact, if I may just

1894
02:05:29,520 --> 02:05:31,700
Senator Francis Kiko Pangilinan: I remember in my first term

1895
02:05:31,700 --> 02:05:33,800
Senator Francis Kiko Pangilinan: the budget of the Department

1896
02:05:33,800 --> 02:05:35,560
Senator Francis Kiko Pangilinan: of Public Works was about

1897
02:05:35,560 --> 02:05:38,040
Senator Francis Kiko Pangilinan: 160 billion.

1898
02:05:40,240 --> 02:05:42,060
Senator Francis Kiko Pangilinan: And that's why

1899
02:05:42,060 --> 02:05:44,040
Senator Francis Kiko Pangilinan: we had to have EVAT and all that

1900
02:05:44,040 --> 02:05:46,200
Senator Francis Kiko Pangilinan: because we didn't have

1901
02:05:46,200 --> 02:05:49,560
Senator Francis Kiko Pangilinan: the space

1902
02:05:49,560 --> 02:05:51,480
Senator Francis Kiko Pangilinan: to spend on infrastructure.

1903
02:05:51,680 --> 02:05:53,720
Senator Francis Kiko Pangilinan: Today, ano na ba ang budget ng

1904
02:05:53,720 --> 02:05:55,880
Senator Francis Kiko Pangilinan: Public Works today? It's about over

1905
02:05:55,880 --> 02:05:57,840
Senator Francis Kiko Pangilinan: a trillion or

1906
02:05:57,840 --> 02:05:59,380
Senator Francis Kiko Pangilinan: hitting a trillion. So that's

1907
02:05:59,380 --> 02:06:02,000
Senator Francis Kiko Pangilinan: 7 to 10 times

1908
02:06:02,000 --> 02:06:03,040
Senator Francis Kiko Pangilinan: more than it was

1909
02:06:03,040 --> 02:06:05,560
Senator Francis Kiko Pangilinan: 20 years ago.

1910
02:06:06,440 --> 02:06:07,800
Senator Francis Kiko Pangilinan: So, you know,

1911
02:06:08,060 --> 02:06:09,280
Senator Francis Kiko Pangilinan: we should be able to do

1912
02:06:09,280 --> 02:06:11,940
Senator Francis Kiko Pangilinan: for me, of course, my bias is agriculture.

1913
02:06:12,460 --> 02:06:14,120
Senator Francis Kiko Pangilinan: If we were able to bring

1914
02:06:14,120 --> 02:06:15,920
Senator Francis Kiko Pangilinan: 7-fold increase

1915
02:06:15,920 --> 02:06:17,460
Senator Francis Kiko Pangilinan: in the infrastructure budget

1916
02:06:17,460 --> 02:06:20,120
Senator Francis Kiko Pangilinan: in 20 years,

1917
02:06:20,200 --> 02:06:21,560
Senator Francis Kiko Pangilinan: we should be able to do the same.

1918
02:06:21,720 --> 02:06:23,680
Senator Francis Kiko Pangilinan: 7-fold increase in the agribudget

1919
02:06:23,680 --> 02:06:26,360
Senator Francis Kiko Pangilinan: in the next 10-15 years.

1920
02:06:27,100 --> 02:06:27,820
Senator Francis Kiko Pangilinan: But you're right.

1921
02:06:27,840 --> 02:06:29,600
Senator Francis Kiko Pangilinan: You know, that will require

1922
02:06:29,600 --> 02:06:31,700
Senator Francis Kiko Pangilinan: confidence

1923
02:06:31,700 --> 02:06:34,000
Senator Francis Kiko Pangilinan: in the

1924
02:06:34,000 --> 02:06:35,360
Senator Francis Kiko Pangilinan: economy and

1925
02:06:35,360 --> 02:06:36,960
Senator Francis Kiko Pangilinan: investor confidence

1926
02:06:36,960 --> 02:06:39,680
Senator Francis Kiko Pangilinan: and creating more jobs.

1927
02:06:43,120 --> 02:06:43,880
Senator Joseph Victor "JV" G. Ejercito: Yes.

1928
02:06:44,920 --> 02:06:45,680
Senator Joseph Victor "JV" G. Ejercito: Anyway,

1929
02:06:45,860 --> 02:06:47,720
Senator Joseph Victor "JV" G. Ejercito: that's the reason why I'm really pushing for

1930
02:06:47,720 --> 02:06:50,220
Senator Joseph Victor "JV" G. Ejercito: the Master Plan

1931
02:06:50,220 --> 02:06:51,400
Senator Joseph Victor "JV" G. Ejercito: for Infrastructure and National Development.

1932
02:06:51,560 --> 02:06:53,120
Senator Joseph Victor "JV" G. Ejercito: Aside from the

1933
02:06:53,120 --> 02:06:55,840
Senator Joseph Victor "JV" G. Ejercito: things that the Center

1934
02:06:55,840 --> 02:06:57,440
Senator Joseph Victor "JV" G. Ejercito: Pangilin measured or what

1935
02:06:57,440 --> 02:06:57,840
Senator Joseph Victor "JV" G. Ejercito: should be

1936
02:06:57,840 --> 02:06:59,420
Senator Joseph Victor "JV" G. Ejercito: done, is that

1937
02:06:59,420 --> 02:07:02,020
Senator Joseph Victor "JV" G. Ejercito: we have to aim for

1938
02:07:02,020 --> 02:07:04,440
Senator Joseph Victor "JV" G. Ejercito: we have to aim for

1939
02:07:04,440 --> 02:07:05,380
Senator Joseph Victor "JV" G. Ejercito: job generation.

1940
02:07:05,900 --> 02:07:07,820
Senator Joseph Victor "JV" G. Ejercito: We have to stimulate economic growth

1941
02:07:07,820 --> 02:07:08,340
Senator Joseph Victor "JV" G. Ejercito: through

1942
02:07:08,340 --> 02:07:11,480
Senator Joseph Victor "JV" G. Ejercito: infrastructure spending

1943
02:07:11,480 --> 02:07:14,060
Senator Joseph Victor "JV" G. Ejercito: and massive

1944
02:07:14,060 --> 02:07:14,760
Senator Joseph Victor "JV" G. Ejercito: infrastructure.

1945
02:07:15,260 --> 02:07:17,900
Senator Joseph Victor "JV" G. Ejercito: The idea is really to spread out the development

1946
02:07:17,900 --> 02:07:19,480
Senator Joseph Victor "JV" G. Ejercito: especially to the countrysides

1947
02:07:19,480 --> 02:07:22,140
Senator Joseph Victor "JV" G. Ejercito: and stimulate

1948
02:07:22,140 --> 02:07:23,180
Senator Joseph Victor "JV" G. Ejercito: economic growth.

1949
02:07:23,660 --> 02:07:24,700
Senator Joseph Victor "JV" G. Ejercito: In a nutshell,

1950
02:07:24,940 --> 02:07:27,700
Senator Joseph Victor "JV" G. Ejercito: we create growth nodes,

1951
02:07:27,840 --> 02:07:29,820
Senator Joseph Victor "JV" G. Ejercito: growth areas in different parts of the country,

1952
02:07:30,360 --> 02:07:32,080
Senator Joseph Victor "JV" G. Ejercito: especially with Mindanao Railway System.

1953
02:07:32,260 --> 02:07:32,580
Senator Joseph Victor "JV" G. Ejercito: I will go,

1954
02:07:33,140 --> 02:07:34,600
Senator Joseph Victor "JV" G. Ejercito: I ask that with DepDev,

1955
02:07:34,680 --> 02:07:37,020
Senator Joseph Victor "JV" G. Ejercito: I'm hoping that it will still be pursued because

1956
02:07:37,020 --> 02:07:38,780
Senator Joseph Victor "JV" G. Ejercito: Mindanao is the most,

1957
02:07:38,900 --> 02:07:40,480
Senator Joseph Victor "JV" G. Ejercito: is the most,

1958
02:07:41,100 --> 02:07:42,700
Senator Joseph Victor "JV" G. Ejercito: is the richest among the islands

1959
02:07:42,700 --> 02:07:44,980
Senator Joseph Victor "JV" G. Ejercito: and the potential has not been reached.

1960
02:07:45,580 --> 02:07:47,020
Senator Joseph Victor "JV" G. Ejercito: Hindi natin na abot yung potential

1961
02:07:47,020 --> 02:07:49,340
Senator Joseph Victor "JV" G. Ejercito: ng Mindanao because of the decades of strife.

1962
02:07:50,360 --> 02:07:51,580
Senator Joseph Victor "JV" G. Ejercito: Now that we have

1963
02:07:51,580 --> 02:07:53,200
Senator Joseph Victor "JV" G. Ejercito: the bangsa more organic law now,

1964
02:07:53,660 --> 02:07:54,760
Senator Joseph Victor "JV" G. Ejercito: we have a chance for peace,

1965
02:07:54,760 --> 02:07:56,460
Senator Joseph Victor "JV" G. Ejercito: but it has to be followed up

1966
02:07:56,460 --> 02:07:57,380
Senator Joseph Victor "JV" G. Ejercito: with,

1967
02:07:57,840 --> 02:07:59,020
Senator Joseph Victor "JV" G. Ejercito: economic development.

1968
02:08:00,360 --> 02:08:01,700
Senator Joseph Victor "JV" G. Ejercito: But we need investments.

1969
02:08:01,880 --> 02:08:03,580
Senator Joseph Victor "JV" G. Ejercito: We need to pursue the Mindanao Railway

1970
02:08:03,580 --> 02:08:04,760
Senator Joseph Victor "JV" G. Ejercito: because I believe that

1971
02:08:04,760 --> 02:08:06,900
Senator Joseph Victor "JV" G. Ejercito: yung po-secessionist movement

1972
02:08:06,900 --> 02:08:09,080
Senator Joseph Victor "JV" G. Ejercito: in the central and the western

1973
02:08:09,080 --> 02:08:10,080
Senator Joseph Victor "JV" G. Ejercito: and then the

1974
02:08:10,080 --> 02:08:12,920
Senator Joseph Victor "JV" G. Ejercito: insurgency in the eastern side.

1975
02:08:13,700 --> 02:08:14,640
Senator Joseph Victor "JV" G. Ejercito: But if you have the railway

1976
02:08:14,640 --> 02:08:15,540
Senator Joseph Victor "JV" G. Ejercito: and the infrastructure,

1977
02:08:16,080 --> 02:08:17,800
Senator Joseph Victor "JV" G. Ejercito: we develop these areas,

1978
02:08:17,940 --> 02:08:18,880
Senator Joseph Victor "JV" G. Ejercito: create growth nodes

1979
02:08:18,880 --> 02:08:21,580
Senator Joseph Victor "JV" G. Ejercito: and create jobs and opportunities.

1980
02:08:21,920 --> 02:08:22,300
Senator Joseph Victor "JV" G. Ejercito: Parang, you know,

1981
02:08:22,860 --> 02:08:23,600
Senator Joseph Victor "JV" G. Ejercito: I think in the end,

1982
02:08:23,700 --> 02:08:25,000
Senator Joseph Victor "JV" G. Ejercito: we have to strive

1983
02:08:25,000 --> 02:08:26,620
Senator Joseph Victor "JV" G. Ejercito: to create jobs

1984
02:08:26,620 --> 02:08:27,360
Senator Joseph Victor "JV" G. Ejercito: in the,

1985
02:08:27,840 --> 02:08:30,040
Senator Joseph Victor "JV" G. Ejercito: investments that would generate jobs

1986
02:08:30,040 --> 02:08:30,720
Senator Joseph Victor "JV" G. Ejercito: and opportunities

1987
02:08:30,720 --> 02:08:33,860
Senator Joseph Victor "JV" G. Ejercito: because we cannot go on,

1988
02:08:35,280 --> 02:08:37,440
Senator Joseph Victor "JV" G. Ejercito: hindi naman tayo pwedeng magdepende

1989
02:08:37,440 --> 02:08:37,860
Senator Joseph Victor "JV" G. Ejercito: sa ayuda,

1990
02:08:37,980 --> 02:08:38,620
Senator Joseph Victor "JV" G. Ejercito: bumuhay natin.

1991
02:08:38,700 --> 02:08:39,540
Senator Joseph Victor "JV" G. Ejercito: This is not sustainable.

1992
02:08:40,320 --> 02:08:40,840
Senator Joseph Victor "JV" G. Ejercito: So,

1993
02:08:41,620 --> 02:08:41,880
Senator Joseph Victor "JV" G. Ejercito: ayun.

1994
02:08:42,440 --> 02:08:43,560
Senator Joseph Victor "JV" G. Ejercito: Anyway, thank you very much

1995
02:08:43,560 --> 02:08:44,160
Senator Joseph Victor "JV" G. Ejercito: for the support

1996
02:08:44,160 --> 02:08:45,220
Senator Joseph Victor "JV" G. Ejercito: for the master plan

1997
02:08:45,220 --> 02:08:46,800
Senator Joseph Victor "JV" G. Ejercito: because that's our target.

1998
02:08:47,020 --> 02:08:48,020
Senator Joseph Victor "JV" G. Ejercito: That's our aim really

1999
02:08:48,020 --> 02:08:49,760
Senator Joseph Victor "JV" G. Ejercito: is to spread out development

2000
02:08:49,760 --> 02:08:51,140
Senator Joseph Victor "JV" G. Ejercito: and create jobs

2001
02:08:51,140 --> 02:08:51,840
Senator Joseph Victor "JV" G. Ejercito: and opportunities

2002
02:08:51,840 --> 02:08:52,660
Senator Joseph Victor "JV" G. Ejercito: in the long run.

2003
02:08:54,040 --> 02:08:54,240
Senator Joseph Victor "JV" G. Ejercito: So,

2004
02:08:55,200 --> 02:08:55,500
Senator Joseph Victor "JV" G. Ejercito: yung po,

2005
02:08:55,600 --> 02:08:57,120
Senator Joseph Victor "JV" G. Ejercito: siguro sa tech ko,

2006
02:08:57,280 --> 02:08:57,400
Senator Joseph Victor "JV" G. Ejercito: I,

2007
02:08:57,400 --> 02:08:58,700
Senator Joseph Victor "JV" G. Ejercito: I'd just like to ask,

2008
02:08:58,900 --> 02:08:59,780
Senator Joseph Victor "JV" G. Ejercito: we had a problem,

2009
02:08:59,960 --> 02:09:01,620
Senator Joseph Victor "JV" G. Ejercito: I know for a fact that Japan

2010
02:09:01,620 --> 02:09:03,140
Senator Joseph Victor "JV" G. Ejercito: and JICA brought this

2011
02:09:03,140 --> 02:09:04,420
Senator Joseph Victor "JV" G. Ejercito: to the attention of the president

2012
02:09:04,420 --> 02:09:05,780
Senator Joseph Victor "JV" G. Ejercito: in his last working visit,

2013
02:09:05,940 --> 02:09:06,100
Senator Joseph Victor "JV" G. Ejercito: yung

2014
02:09:06,100 --> 02:09:08,100
Senator Joseph Victor "JV" G. Ejercito: our delay in the payments,

2015
02:09:08,300 --> 02:09:08,960
Senator Joseph Victor "JV" G. Ejercito: dun sa,

2016
02:09:09,080 --> 02:09:09,860
Senator Joseph Victor "JV" G. Ejercito: nagkantay ng delay,

2017
02:09:10,000 --> 02:09:12,360
Senator Joseph Victor "JV" G. Ejercito: sa ating foreign assisted,

2018
02:09:12,520 --> 02:09:12,740
Senator Joseph Victor "JV" G. Ejercito: sa,

2019
02:09:13,560 --> 02:09:14,000
Senator Joseph Victor "JV" G. Ejercito: in particular,

2020
02:09:14,120 --> 02:09:14,880
Senator Joseph Victor "JV" G. Ejercito: the NSCR,

2021
02:09:15,080 --> 02:09:16,380
Senator Joseph Victor "JV" G. Ejercito: the North-South Commuter Railway

2022
02:09:16,380 --> 02:09:17,800
Senator Joseph Victor "JV" G. Ejercito: and the Metro-Manila Subway.

2023
02:09:18,640 --> 02:09:19,400
Senator Joseph Victor "JV" G. Ejercito: I think one of the,

2024
02:09:19,400 --> 02:09:20,200
Senator Joseph Victor "JV" G. Ejercito: one of the reasons,

2025
02:09:20,320 --> 02:09:20,920
Senator Joseph Victor "JV" G. Ejercito: one of the factor,

2026
02:09:21,100 --> 02:09:22,240
Senator Joseph Victor "JV" G. Ejercito: one of the reasons

2027
02:09:22,240 --> 02:09:23,020
Senator Joseph Victor "JV" G. Ejercito: is the,

2028
02:09:23,920 --> 02:09:25,400
Senator Joseph Victor "JV" G. Ejercito: yung GOP portion

2029
02:09:25,400 --> 02:09:26,300
Senator Joseph Victor "JV" G. Ejercito: yung payment

2030
02:09:26,300 --> 02:09:27,260
Senator Joseph Victor "JV" G. Ejercito: for the foreign assisted,

2031
02:09:27,400 --> 02:09:29,000
Senator Joseph Victor "JV" G. Ejercito: was lodged

2032
02:09:29,000 --> 02:09:30,420
Senator Joseph Victor "JV" G. Ejercito: under the unprogrammed funds

2033
02:09:30,420 --> 02:09:31,680
Senator Joseph Victor "JV" G. Ejercito: for two years.

2034
02:09:32,440 --> 02:09:32,580
Senator Joseph Victor "JV" G. Ejercito: And,

2035
02:09:32,660 --> 02:09:33,520
Senator Joseph Victor "JV" G. Ejercito: ang nangyari dito,

2036
02:09:34,080 --> 02:09:34,960
Senator Joseph Victor "JV" G. Ejercito: we were delayed

2037
02:09:34,960 --> 02:09:36,020
Senator Joseph Victor "JV" G. Ejercito: for almost,

2038
02:09:36,740 --> 02:09:37,400
Senator Joseph Victor "JV" G. Ejercito: dapat 2020,

2039
02:09:37,800 --> 02:09:38,180
Senator Joseph Victor "JV" G. Ejercito: partially,

2040
02:09:38,360 --> 02:09:39,320
Senator Joseph Victor "JV" G. Ejercito: as running already

2041
02:09:39,320 --> 02:09:40,060
Senator Joseph Victor "JV" G. Ejercito: ang NSCR

2042
02:09:40,060 --> 02:09:41,920
Senator Joseph Victor "JV" G. Ejercito: and Metro-Manila Subway.

2043
02:09:42,540 --> 02:09:42,760
Senator Joseph Victor "JV" G. Ejercito: Now,

2044
02:09:42,880 --> 02:09:43,860
Senator Joseph Victor "JV" G. Ejercito: it's 2032.

2045
02:09:44,100 --> 02:09:44,740
Senator Joseph Victor "JV" G. Ejercito: 2032.

2046
02:09:44,960 --> 02:09:46,080
Senator Joseph Victor "JV" G. Ejercito: Lahat po kasi na pushback.

2047
02:09:46,800 --> 02:09:47,040
Senator Joseph Victor "JV" G. Ejercito: So,

2048
02:09:48,160 --> 02:09:49,860
Senator Joseph Victor "JV" G. Ejercito: my question is,

2049
02:09:50,220 --> 02:09:51,800
Senator Joseph Victor "JV" G. Ejercito: can you think of any mechanism

2050
02:09:51,800 --> 02:09:52,400
Senator Joseph Victor "JV" G. Ejercito: that we can institutionalize

2051
02:09:53,160 --> 02:09:53,700
Senator Joseph Victor "JV" G. Ejercito: to protect

2052
02:09:53,700 --> 02:09:56,160
Senator Joseph Victor "JV" G. Ejercito: funding for foreign assisted projects?

2053
02:09:56,260 --> 02:09:56,860
Senator Joseph Victor "JV" G. Ejercito: Because the more

2054
02:09:56,860 --> 02:09:57,640
Senator Joseph Victor "JV" G. Ejercito: we get delayed,

2055
02:09:58,320 --> 02:09:59,700
Senator Joseph Victor "JV" G. Ejercito: the higher cost it will be.

2056
02:10:00,040 --> 02:10:00,880
Senator Joseph Victor "JV" G. Ejercito: And, it will be,

2057
02:10:01,220 --> 02:10:02,260
Senator Joseph Victor "JV" G. Ejercito: madi-delay din yung,

2058
02:10:02,260 --> 02:10:04,260
Senator Joseph Victor "JV" G. Ejercito: madi-delay din yung

2059
02:10:04,260 --> 02:10:05,440
Senator Joseph Victor "JV" G. Ejercito: operation.

2060
02:10:05,860 --> 02:10:07,020
Senator Joseph Victor "JV" G. Ejercito: Especially now that

2061
02:10:07,020 --> 02:10:08,460
Senator Joseph Victor "JV" G. Ejercito: nagkaroon pa ng ano,

2062
02:10:09,100 --> 02:10:10,180
Senator Joseph Victor "JV" G. Ejercito: ng devaluation.

2063
02:10:10,560 --> 02:10:11,000
Senator Joseph Victor "JV" G. Ejercito: Before,

2064
02:10:11,140 --> 02:10:12,140
Senator Joseph Victor "JV" G. Ejercito: if I'm not mistaken,

2065
02:10:12,300 --> 02:10:13,920
Senator Joseph Victor "JV" G. Ejercito: nasa 40 plus yata yung

2066
02:10:13,920 --> 02:10:15,280
Senator Joseph Victor "JV" G. Ejercito: yung peso to dollar.

2067
02:10:15,400 --> 02:10:16,240
Senator Joseph Victor "JV" G. Ejercito: Now, it's now 60.

2068
02:10:16,720 --> 02:10:17,220
Senator Joseph Victor "JV" G. Ejercito: So, all,

2069
02:10:17,380 --> 02:10:18,120
Senator Joseph Victor "JV" G. Ejercito: the more the delay,

2070
02:10:18,220 --> 02:10:19,880
Senator Joseph Victor "JV" G. Ejercito: the more it will be costly for us.

2071
02:10:20,160 --> 02:10:20,580
Senator Joseph Victor "JV" G. Ejercito: So, any

2072
02:10:20,580 --> 02:10:22,580
Senator Joseph Victor "JV" G. Ejercito: mechanism that

2073
02:10:22,580 --> 02:10:23,560
Senator Joseph Victor "JV" G. Ejercito: we can institutionalize

2074
02:10:23,560 --> 02:10:24,420
Senator Joseph Victor "JV" G. Ejercito: to protect funding

2075
02:10:24,420 --> 02:10:25,460
Senator Joseph Victor "JV" G. Ejercito: for the foreign assisted projects?

2076
02:10:26,860 --> 02:10:28,040
DOF Secretary Frederick D. Go: Yeah, Mr. Chair.

2077
02:10:28,360 --> 02:10:30,080
DOF Secretary Frederick D. Go: I fully agree with you.

2078
02:10:30,360 --> 02:10:31,640
DOF Secretary Frederick D. Go: But, I'm now stepping

2079
02:10:31,640 --> 02:10:33,080
DOF Secretary Frederick D. Go: into the space of the

2080
02:10:33,080 --> 02:10:33,780
DOF Secretary Frederick D. Go: DBM.

2081
02:10:34,960 --> 02:10:37,100
DOF Secretary Frederick D. Go: But, I do believe that

2082
02:10:37,100 --> 02:10:39,280
DOF Secretary Frederick D. Go: these kinds of projects,

2083
02:10:39,400 --> 02:10:40,220
DOF Secretary Frederick D. Go: again, because there's

2084
02:10:40,220 --> 02:10:41,560
DOF Secretary Frederick D. Go: our contractual obligations

2085
02:10:41,560 --> 02:10:43,180
DOF Secretary Frederick D. Go: entered into by the state,

2086
02:10:43,720 --> 02:10:44,780
DOF Secretary Frederick D. Go: they should be in the

2087
02:10:44,780 --> 02:10:46,000
DOF Secretary Frederick D. Go: programmed appropriations.

2088
02:10:46,140 --> 02:10:47,320
DOF Secretary Frederick D. Go: They should never be allowed

2089
02:10:47,320 --> 02:10:48,300
DOF Secretary Frederick D. Go: to be in the

2090
02:10:48,300 --> 02:10:49,680
DOF Secretary Frederick D. Go: unprogrammed appropriations.

2091
02:10:51,360 --> 02:10:52,300
Senator Joseph Victor "JV" G. Ejercito: That is correct.

2092
02:10:53,460 --> 02:10:54,940
Senator Joseph Victor "JV" G. Ejercito: Actually, we are thinking

2093
02:10:54,940 --> 02:10:56,220
Senator Joseph Victor "JV" G. Ejercito: if we can do that,

2094
02:10:56,860 --> 02:11:01,080
Senator Joseph Victor "JV" G. Ejercito: including the GAA

2095
02:11:01,080 --> 02:11:03,340
Senator Joseph Victor "JV" G. Ejercito: that we're studying

2096
02:11:03,340 --> 02:11:04,860
Senator Joseph Victor "JV" G. Ejercito: if this can,

2097
02:11:05,740 --> 02:11:07,600
Senator Joseph Victor "JV" G. Ejercito: our obligations can be

2098
02:11:07,600 --> 02:11:10,100
Senator Joseph Victor "JV" G. Ejercito: already automatic appropriations.

2099
02:11:10,320 --> 02:11:10,620
Senator Joseph Victor "JV" G. Ejercito: So, you know,

2100
02:11:10,780 --> 02:11:12,040
Senator Joseph Victor "JV" G. Ejercito: we don't,

2101
02:11:12,040 --> 02:11:15,260
Senator Joseph Victor "JV" G. Ejercito: that we have to honor

2102
02:11:15,260 --> 02:11:16,080
Senator Joseph Victor "JV" G. Ejercito: our obligations

2103
02:11:16,080 --> 02:11:17,380
Senator Joseph Victor "JV" G. Ejercito: all the time.

2104
02:11:17,860 --> 02:11:19,240
Senator Joseph Victor "JV" G. Ejercito: And I will ask this also

2105
02:11:19,240 --> 02:11:20,080
Senator Joseph Victor "JV" G. Ejercito: first,

2106
02:11:22,200 --> 02:11:25,360
Senator Joseph Victor "JV" G. Ejercito: during the DBM sub-budget.

2107
02:11:26,200 --> 02:11:26,840
Senator Joseph Victor "JV" G. Ejercito: With regards,

2108
02:11:26,860 --> 02:11:29,080
Senator Joseph Victor "JV" G. Ejercito: I'll take advantage

2109
02:11:29,080 --> 02:11:30,100
Senator Joseph Victor "JV" G. Ejercito: while we're still waiting

2110
02:11:30,100 --> 02:11:30,780
Senator Joseph Victor "JV" G. Ejercito: for the colleagues

2111
02:11:30,780 --> 02:11:31,620
Senator Joseph Victor "JV" G. Ejercito: kasi I would want,

2112
02:11:32,200 --> 02:11:33,860
Senator Joseph Victor "JV" G. Ejercito: although we want to finish early

2113
02:11:33,860 --> 02:11:35,260
Senator Joseph Victor "JV" G. Ejercito: as much as possible,

2114
02:11:35,480 --> 02:11:36,140
Senator Joseph Victor "JV" G. Ejercito: if they don't ask,

2115
02:11:36,300 --> 02:11:37,440
Senator Joseph Victor "JV" G. Ejercito: problema niyo ito sa plenary.

2116
02:11:37,920 --> 02:11:38,940
Senator Joseph Victor "JV" G. Ejercito: We might take longer.

2117
02:11:39,400 --> 02:11:40,940
Senator Joseph Victor "JV" G. Ejercito: It's better that they come already

2118
02:11:40,940 --> 02:11:43,280
Senator Joseph Victor "JV" G. Ejercito: and raise their concerns

2119
02:11:43,280 --> 02:11:45,860
Senator Joseph Victor "JV" G. Ejercito: rather than raise it in plenary.

2120
02:11:46,160 --> 02:11:47,340
Senator Joseph Victor "JV" G. Ejercito: Baka umagahin pa tayo dito.

2121
02:11:48,240 --> 02:11:49,640
Senator Joseph Victor "JV" G. Ejercito: Anyway, I'd just like to ask

2122
02:11:49,640 --> 02:11:51,800
Senator Joseph Victor "JV" G. Ejercito: a few more questions

2123
02:11:51,800 --> 02:11:54,320
Senator Joseph Victor "JV" G. Ejercito: with regard to UHC law

2124
02:11:54,320 --> 02:11:55,560
Senator Joseph Victor "JV" G. Ejercito: as the principal sponsor

2125
02:11:55,560 --> 02:11:56,200
Senator Joseph Victor "JV" G. Ejercito: and author of the

2126
02:11:56,200 --> 02:11:56,840
Senator Joseph Victor "JV" G. Ejercito: Universal Health Act.

2127
02:11:56,860 --> 02:11:58,460
Senator Joseph Victor "JV" G. Ejercito: Though my priority is

2128
02:11:58,460 --> 02:12:00,960
Senator Joseph Victor "JV" G. Ejercito: ensuring every peso

2129
02:12:00,960 --> 02:12:02,020
Senator Joseph Victor "JV" G. Ejercito: allocated to healthcare

2130
02:12:02,020 --> 02:12:02,940
Senator Joseph Victor "JV" G. Ejercito: directly reduces

2131
02:12:02,940 --> 02:12:04,480
Senator Joseph Victor "JV" G. Ejercito: out-of-pocket expenses

2132
02:12:04,480 --> 02:12:07,500
Senator Joseph Victor "JV" G. Ejercito: and spending of those in need.

2133
02:12:08,440 --> 02:12:09,560
Senator Joseph Victor "JV" G. Ejercito: Based on our

2134
02:12:09,560 --> 02:12:11,860
Senator Joseph Victor "JV" G. Ejercito: internal computations

2135
02:12:11,860 --> 02:12:12,660
Senator Joseph Victor "JV" G. Ejercito: with the assistance

2136
02:12:12,660 --> 02:12:14,580
Senator Joseph Victor "JV" G. Ejercito: of Center P. Cayetano,

2137
02:12:15,380 --> 02:12:16,540
Senator Joseph Victor "JV" G. Ejercito: around 300 billion

2138
02:12:16,540 --> 02:12:18,060
Senator Joseph Victor "JV" G. Ejercito: in earmarked funds

2139
02:12:18,060 --> 02:12:18,900
Senator Joseph Victor "JV" G. Ejercito: intended for

2140
02:12:18,900 --> 02:12:19,860
Senator Joseph Victor "JV" G. Ejercito: field health remains

2141
02:12:19,860 --> 02:12:20,540
Senator Joseph Victor "JV" G. Ejercito: unreleased.

2142
02:12:21,580 --> 02:12:22,960
Senator Joseph Victor "JV" G. Ejercito: Ito po, nasa slide.

2143
02:12:24,880 --> 02:12:25,860
Senator Joseph Victor "JV" G. Ejercito: May we first confirm

2144
02:12:25,860 --> 02:12:25,900
Senator Joseph Victor "JV" G. Ejercito: may we first confirm

2145
02:12:25,900 --> 02:12:26,640
Senator Joseph Victor "JV" G. Ejercito: may we first confirm

2146
02:12:26,640 --> 02:12:28,460
Senator Joseph Victor "JV" G. Ejercito: whether that computation

2147
02:12:28,460 --> 02:12:29,060
Senator Joseph Victor "JV" G. Ejercito: is correct.

2148
02:12:29,180 --> 02:12:29,680
Senator Joseph Victor "JV" G. Ejercito: Galing po tayo

2149
02:12:29,680 --> 02:12:30,740
Senator Joseph Victor "JV" G. Ejercito: sa Center P. Cayetano ito.

2150
02:12:31,280 --> 02:12:32,840
Senator Joseph Victor "JV" G. Ejercito: Particularly with respect

2151
02:12:32,840 --> 02:12:34,180
Senator Joseph Victor "JV" G. Ejercito: to the unreleased share

2152
02:12:34,180 --> 02:12:35,560
Senator Joseph Victor "JV" G. Ejercito: of syntax collections,

2153
02:12:36,320 --> 02:12:37,400
Senator Joseph Victor "JV" G. Ejercito: earmarked for field health.

2154
02:12:38,160 --> 02:12:39,260
Senator Joseph Victor "JV" G. Ejercito: May we also confirm

2155
02:12:39,260 --> 02:12:40,020
Senator Joseph Victor "JV" G. Ejercito: the corresponding

2156
02:12:40,020 --> 02:12:41,180
Senator Joseph Victor "JV" G. Ejercito: unreleased earmarked

2157
02:12:41,180 --> 02:12:42,320
Senator Joseph Victor "JV" G. Ejercito: revenues from PCSO

2158
02:12:42,320 --> 02:12:42,960
Senator Joseph Victor "JV" G. Ejercito: and PagCorp.

2159
02:12:44,100 --> 02:12:45,020
Senator Joseph Victor "JV" G. Ejercito: So yours is the treasurer

2160
02:12:45,020 --> 02:12:46,720
Senator Joseph Victor "JV" G. Ejercito: Sharon Almanza?

2161
02:12:48,400 --> 02:12:49,780
Senator Joseph Victor "JV" G. Ejercito: Or si Yusef Carl Adriana?

2162
02:12:50,220 --> 02:12:51,640
Senator Joseph Victor "JV" G. Ejercito: Kasi tatanungin din ito.

2163
02:12:51,760 --> 02:12:53,920
Senator Joseph Victor "JV" G. Ejercito: I received some questions

2164
02:12:53,920 --> 02:12:55,520
Senator Joseph Victor "JV" G. Ejercito: so I'd rather ask you now

2165
02:12:55,520 --> 02:12:56,500
Senator Joseph Victor "JV" G. Ejercito: so that you can prepare.

2166
02:12:56,640 --> 02:12:57,780
DOF Undersecretary Karlo Fermin S. Adriano: Mr. Chair,

2167
02:12:58,600 --> 02:12:59,240
DOF Undersecretary Karlo Fermin S. Adriano: yung kumbaga

2168
02:12:59,240 --> 02:13:01,140
DOF Undersecretary Karlo Fermin S. Adriano: ang role po ng DOF

2169
02:13:01,140 --> 02:13:02,840
DOF Undersecretary Karlo Fermin S. Adriano: with regards to the earmarking

2170
02:13:02,840 --> 02:13:04,480
DOF Undersecretary Karlo Fermin S. Adriano: particularly with the syntax

2171
02:13:04,480 --> 02:13:06,100
DOF Undersecretary Karlo Fermin S. Adriano: is to certify

2172
02:13:06,100 --> 02:13:07,180
DOF Undersecretary Karlo Fermin S. Adriano: the collection

2173
02:13:07,180 --> 02:13:09,600
DOF Undersecretary Karlo Fermin S. Adriano: per SYN product.

2174
02:13:10,200 --> 02:13:11,400
DOF Undersecretary Karlo Fermin S. Adriano: And then we provide

2175
02:13:11,400 --> 02:13:12,380
DOF Undersecretary Karlo Fermin S. Adriano: that certification

2176
02:13:12,380 --> 02:13:13,800
DOF Undersecretary Karlo Fermin S. Adriano: to DBM

2177
02:13:13,800 --> 02:13:14,800
DOF Undersecretary Karlo Fermin S. Adriano: which will serve

2178
02:13:14,800 --> 02:13:15,680
DOF Undersecretary Karlo Fermin S. Adriano: as an input

2179
02:13:15,680 --> 02:13:16,720
DOF Undersecretary Karlo Fermin S. Adriano: kung magkano yung

2180
02:13:16,720 --> 02:13:17,720
DOF Undersecretary Karlo Fermin S. Adriano: kanilang magiging

2181
02:13:17,720 --> 02:13:18,600
DOF Undersecretary Karlo Fermin S. Adriano: proposal

2182
02:13:18,600 --> 02:13:20,400
DOF Undersecretary Karlo Fermin S. Adriano: to the field health

2183
02:13:20,400 --> 02:13:21,320
DOF Undersecretary Karlo Fermin S. Adriano: among others.

2184
02:13:21,840 --> 02:13:22,960
DOF Undersecretary Karlo Fermin S. Adriano: And then ultimately po,

2185
02:13:23,220 --> 02:13:24,340
DOF Undersecretary Karlo Fermin S. Adriano: according po kasi doon

2186
02:13:24,340 --> 02:13:25,820
DOF Undersecretary Karlo Fermin S. Adriano: sa Universal Healthcare Law,

2187
02:13:26,640 --> 02:13:28,320
DOF Undersecretary Karlo Fermin S. Adriano: subject for appropriation

2188
02:13:28,320 --> 02:13:29,060
DOF Undersecretary Karlo Fermin S. Adriano: po pa rin

2189
02:13:29,060 --> 02:13:30,420
DOF Undersecretary Karlo Fermin S. Adriano: itong mapupunta

2190
02:13:30,420 --> 02:13:31,340
DOF Undersecretary Karlo Fermin S. Adriano: sa field health

2191
02:13:31,340 --> 02:13:32,380
DOF Undersecretary Karlo Fermin S. Adriano: and others.

2192
02:13:32,960 --> 02:13:33,700
DOF Undersecretary Karlo Fermin S. Adriano: So ultimately,

2193
02:13:34,160 --> 02:13:35,220
DOF Undersecretary Karlo Fermin S. Adriano: if there is

2194
02:13:35,220 --> 02:13:36,340
DOF Undersecretary Karlo Fermin S. Adriano: a difference

2195
02:13:36,340 --> 02:13:37,560
DOF Undersecretary Karlo Fermin S. Adriano: between the estimated

2196
02:13:37,560 --> 02:13:38,500
DOF Undersecretary Karlo Fermin S. Adriano: earmark

2197
02:13:38,500 --> 02:13:40,100
DOF Undersecretary Karlo Fermin S. Adriano: versus what was

2198
02:13:40,100 --> 02:13:41,180
DOF Undersecretary Karlo Fermin S. Adriano: appropriated,

2199
02:13:42,040 --> 02:13:42,840
DOF Undersecretary Karlo Fermin S. Adriano: technically,

2200
02:13:43,260 --> 02:13:43,940
DOF Undersecretary Karlo Fermin S. Adriano: yun po yung ano,

2201
02:13:44,660 --> 02:13:45,900
DOF Undersecretary Karlo Fermin S. Adriano: it will be the call

2202
02:13:45,900 --> 02:13:47,900
DOF Undersecretary Karlo Fermin S. Adriano: of the legislators

2203
02:13:47,900 --> 02:13:49,000
DOF Undersecretary Karlo Fermin S. Adriano: kung magkano po yung

2204
02:13:49,000 --> 02:13:50,160
DOF Undersecretary Karlo Fermin S. Adriano: appropriated amounts.

2205
02:13:51,560 --> 02:13:52,560
Senator Joseph Victor "JV" G. Ejercito: Kasi medyo ano na eh,

2206
02:13:53,180 --> 02:13:54,680
Senator Joseph Victor "JV" G. Ejercito: ito yung earmark

2207
02:13:54,680 --> 02:13:55,480
Senator Joseph Victor "JV" G. Ejercito: and supposedly

2208
02:13:55,480 --> 02:13:56,600
Senator Joseph Victor "JV" G. Ejercito: these are,

2209
02:13:56,640 --> 02:13:57,460
Senator Joseph Victor "JV" G. Ejercito: actually,

2210
02:13:57,640 --> 02:13:58,700
Senator Joseph Victor "JV" G. Ejercito: this was already raised

2211
02:13:58,700 --> 02:14:00,120
Senator Joseph Victor "JV" G. Ejercito: several times before.

2212
02:14:01,160 --> 02:14:03,260
Senator Joseph Victor "JV" G. Ejercito: And that's why I asked

2213
02:14:03,260 --> 02:14:04,360
Senator Joseph Victor "JV" G. Ejercito: para at least we can,

2214
02:14:05,060 --> 02:14:06,440
Senator Joseph Victor "JV" G. Ejercito: we will be able to

2215
02:14:06,440 --> 02:14:07,400
Senator Joseph Victor "JV" G. Ejercito: prepare

2216
02:14:07,400 --> 02:14:08,840
Senator Joseph Victor "JV" G. Ejercito: for questions

2217
02:14:08,840 --> 02:14:09,700
Senator Joseph Victor "JV" G. Ejercito: from the others,

2218
02:14:09,940 --> 02:14:11,040
Senator Joseph Victor "JV" G. Ejercito: from the other centers.

2219
02:14:11,200 --> 02:14:11,520
DOF Undersecretary Karlo Fermin S. Adriano: Mr. Chair,

2220
02:14:11,560 --> 02:14:12,940
DOF Undersecretary Karlo Fermin S. Adriano: we can provide yun na lang

2221
02:14:12,940 --> 02:14:14,440
DOF Undersecretary Karlo Fermin S. Adriano: yung estimated earmark

2222
02:14:14,440 --> 02:14:15,380
DOF Undersecretary Karlo Fermin S. Adriano: for field health

2223
02:14:15,380 --> 02:14:16,700
DOF Undersecretary Karlo Fermin S. Adriano: and the universal healthcare

2224
02:14:16,700 --> 02:14:18,940
DOF Undersecretary Karlo Fermin S. Adriano: by SYN products, sir.

2225
02:14:19,520 --> 02:14:20,740
Senator Joseph Victor "JV" G. Ejercito: Yes, please submit

2226
02:14:20,740 --> 02:14:21,300
Senator Joseph Victor "JV" G. Ejercito: to the committee.

2227
02:14:24,860 --> 02:14:25,460
Senator Joseph Victor "JV" G. Ejercito: Yes,

2228
02:14:25,460 --> 02:14:26,600
Senator Joseph Victor "JV" G. Ejercito: sa katay,

2229
02:14:26,640 --> 02:14:27,920
DOF Secretary Frederick D. Go: Mr. Chair,

2230
02:14:28,080 --> 02:14:28,980
DOF Secretary Frederick D. Go: this is an example

2231
02:14:28,980 --> 02:14:29,740
DOF Secretary Frederick D. Go: of an earmark.

2232
02:14:30,740 --> 02:14:31,160
DOF Secretary Frederick D. Go: Hence,

2233
02:14:32,180 --> 02:14:32,840
DOF Secretary Frederick D. Go: it squeezes

2234
02:14:32,840 --> 02:14:34,020
DOF Secretary Frederick D. Go: the fiscal space

2235
02:14:34,020 --> 02:14:34,860
DOF Secretary Frederick D. Go: out of everybody.

2236
02:14:36,200 --> 02:14:37,140
DOF Secretary Frederick D. Go: I have nothing against it

2237
02:14:37,140 --> 02:14:37,700
DOF Secretary Frederick D. Go: for the record.

2238
02:14:37,820 --> 02:14:38,420
DOF Secretary Frederick D. Go: I'm just giving it

2239
02:14:38,420 --> 02:14:39,400
DOF Secretary Frederick D. Go: that this is an example

2240
02:14:39,400 --> 02:14:40,660
DOF Secretary Frederick D. Go: of what I mentioned earlier,

2241
02:14:41,480 --> 02:14:42,040
DOF Secretary Frederick D. Go: an earmark.

2242
02:14:43,060 --> 02:14:43,080
DOF Secretary Frederick D. Go: So,

2243
02:14:43,300 --> 02:14:44,080
Senator Joseph Victor "JV" G. Ejercito: it decreases

2244
02:14:44,080 --> 02:14:44,920
Senator Joseph Victor "JV" G. Ejercito: the elbow room

2245
02:14:44,920 --> 02:14:46,440
Senator Joseph Victor "JV" G. Ejercito: of everybody.

2246
02:14:46,640 --> 02:14:46,980
Senator Joseph Victor "JV" G. Ejercito: Of everybody.

2247
02:14:49,880 --> 02:14:50,920
Senator Joseph Victor "JV" G. Ejercito: I'd just like to ask

2248
02:14:50,920 --> 02:14:52,600
Senator Joseph Victor "JV" G. Ejercito: with regards to

2249
02:14:52,600 --> 02:14:53,200
Senator Joseph Victor "JV" G. Ejercito: Create More,

2250
02:14:53,300 --> 02:14:54,300
Senator Joseph Victor "JV" G. Ejercito: under the Create More Act,

2251
02:14:54,380 --> 02:14:55,120
Senator Joseph Victor "JV" G. Ejercito: we streamline

2252
02:14:55,120 --> 02:14:56,120
Senator Joseph Victor "JV" G. Ejercito: tax incentives

2253
02:14:56,120 --> 02:14:56,620
Senator Joseph Victor "JV" G. Ejercito: to attract

2254
02:14:56,620 --> 02:14:58,280
Senator Joseph Victor "JV" G. Ejercito: foreign direct investment.

2255
02:14:58,500 --> 02:14:58,820
Senator Joseph Victor "JV" G. Ejercito: However,

2256
02:14:58,980 --> 02:14:59,980
Senator Joseph Victor "JV" G. Ejercito: concerns remain.

2257
02:15:00,000 --> 02:15:02,660
Senator Joseph Victor "JV" G. Ejercito: regarding leakage of VAT zero

2258
02:15:02,660 --> 02:15:04,880
Senator Joseph Victor "JV" G. Ejercito: rated raw materials into the

2259
02:15:04,880 --> 02:15:05,580
Senator Joseph Victor "JV" G. Ejercito: local market.

2260
02:15:06,420 --> 02:15:08,860
Senator Joseph Victor "JV" G. Ejercito: My question is, is there a joint monitoring

2261
02:15:08,860 --> 02:15:10,720
Senator Joseph Victor "JV" G. Ejercito: entity between the DOF, BIR

2262
02:15:10,720 --> 02:15:12,680
Senator Joseph Victor "JV" G. Ejercito: and other investment promotion

2263
02:15:12,680 --> 02:15:14,620
Senator Joseph Victor "JV" G. Ejercito: agencies that keeps

2264
02:15:14,620 --> 02:15:17,060
Senator Joseph Victor "JV" G. Ejercito: tabs in ensuring

2265
02:15:17,060 --> 02:15:18,940
Senator Joseph Victor "JV" G. Ejercito: that this incentive won't be

2266
02:15:18,940 --> 02:15:19,380
Senator Joseph Victor "JV" G. Ejercito: abused?

2267
02:15:25,500 --> 02:15:26,980
DOF Secretary Frederick D. Go: Maybe somebody

2268
02:15:26,980 --> 02:15:29,120
DOF Secretary Frederick D. Go: from the revenue collecting agencies can

2269
02:15:29,120 --> 02:15:30,920
DOF Secretary Frederick D. Go: shed some light on that.

2270
02:15:31,000 --> 02:15:32,760
DOF Secretary Frederick D. Go: But Mr. Chair, I'd like to share something.

2271
02:15:34,200 --> 02:15:34,880
DOF Secretary Frederick D. Go: We

2272
02:15:34,880 --> 02:15:35,840
DOF Secretary Frederick D. Go: noticed that

2273
02:15:35,840 --> 02:15:42,940
DOF Secretary Frederick D. Go: amongst the

2274
02:15:42,940 --> 02:15:44,940
DOF Secretary Frederick D. Go: investment promotion agencies, there's

2275
02:15:44,940 --> 02:15:46,160
DOF Secretary Frederick D. Go: been a lot of overlap.

2276
02:15:47,580 --> 02:15:48,780
DOF Secretary Frederick D. Go: We're trying to

2277
02:15:48,780 --> 02:15:50,760
DOF Secretary Frederick D. Go: fix that and we've come to an agreement

2278
02:15:50,760 --> 02:15:52,600
DOF Secretary Frederick D. Go: with PESA

2279
02:15:52,600 --> 02:15:54,840
DOF Secretary Frederick D. Go: that PESA should only focus

2280
02:15:54,840 --> 02:15:56,860
DOF Secretary Frederick D. Go: on export-oriented businesses.

2281
02:15:57,860 --> 02:15:58,880
DOF Secretary Frederick D. Go: And the Board

2282
02:15:58,880 --> 02:16:00,400
DOF Secretary Frederick D. Go: of Investments should

2283
02:16:00,400 --> 02:16:02,740
DOF Secretary Frederick D. Go: only focus on domestic

2284
02:16:02,740 --> 02:16:04,820
DOF Secretary Frederick D. Go: enterprises.

2285
02:16:05,140 --> 02:16:06,680
DOF Secretary Frederick D. Go: I think that will make or allow

2286
02:16:06,680 --> 02:16:08,800
DOF Secretary Frederick D. Go: the investment promotion agencies to be

2287
02:16:08,800 --> 02:16:09,600
DOF Secretary Frederick D. Go: able to

2288
02:16:09,600 --> 02:16:13,060
DOF Secretary Frederick D. Go: police their registered

2289
02:16:13,060 --> 02:16:14,820
DOF Secretary Frederick D. Go: business enterprises better.

2290
02:16:14,820 --> 02:16:16,880
DOF Secretary Frederick D. Go: And it will also help the Bureau of

2291
02:16:16,880 --> 02:16:18,820
DOF Secretary Frederick D. Go: Internal Revenue and the Bureau of Customs

2292
02:16:19,760 --> 02:16:21,040
DOF Secretary Frederick D. Go: in also monitoring

2293
02:16:21,040 --> 02:16:22,360
DOF Secretary Frederick D. Go: the activities of these

2294
02:16:22,360 --> 02:16:25,180
DOF Secretary Frederick D. Go: investment promotion agencies

2295
02:16:25,180 --> 02:16:27,040
DOF Secretary Frederick D. Go: to avoid VAT

2296
02:16:27,040 --> 02:16:28,680
DOF Secretary Frederick D. Go: leakages and other tax

2297
02:16:28,680 --> 02:16:30,640
DOF Secretary Frederick D. Go: leakages. Because when sometimes

2298
02:16:30,640 --> 02:16:32,820
DOF Secretary Frederick D. Go: you're inside an exclusive

2299
02:16:32,820 --> 02:16:35,420
DOF Secretary Frederick D. Go: territory or an

2300
02:16:35,420 --> 02:16:36,520
DOF Secretary Frederick D. Go: exclusive ecozone,

2301
02:16:36,920 --> 02:16:39,300
DOF Secretary Frederick D. Go: the idea there is you're generally

2302
02:16:39,300 --> 02:16:41,120
DOF Secretary Frederick D. Go: supposed to be an export-oriented

2303
02:16:41,120 --> 02:16:43,620
DOF Secretary Frederick D. Go: ecozone, which is why you enjoy

2304
02:16:43,620 --> 02:16:45,800
DOF Secretary Frederick D. Go: that separate customs

2305
02:16:45,800 --> 02:16:46,420
DOF Secretary Frederick D. Go: border

2306
02:16:46,420 --> 02:16:49,100
DOF Secretary Frederick D. Go: privilege. But when

2307
02:16:49,100 --> 02:16:51,660
DOF Secretary Frederick D. Go: the ecozone starts allowing domestic

2308
02:16:51,660 --> 02:16:53,200
DOF Secretary Frederick D. Go: enterprises to operate

2309
02:16:53,200 --> 02:16:55,420
DOF Secretary Frederick D. Go: inside the ecozone,

2310
02:16:55,840 --> 02:16:56,880
DOF Secretary Frederick D. Go: it can start

2311
02:16:56,880 --> 02:16:58,640
DOF Secretary Frederick D. Go: creating

2312
02:16:58,680 --> 02:16:59,440
DOF Secretary Frederick D. Go: leakages.

2313
02:17:00,680 --> 02:17:01,520
DOF Secretary Frederick D. Go: But maybe

2314
02:17:01,520 --> 02:17:03,140
DOF Secretary Frederick D. Go: either Commissioner?

2315
02:17:03,140 --> 02:17:03,880
Senator Joseph Victor "JV" G. Ejercito: Yes, probably

2316
02:17:03,880 --> 02:17:06,100
Senator Joseph Victor "JV" G. Ejercito: revenue-generating agencies

2317
02:17:06,100 --> 02:17:07,720
Senator Joseph Victor "JV" G. Ejercito: like BIR or

2318
02:17:07,720 --> 02:17:08,900
Senator Joseph Victor "JV" G. Ejercito: Commissioner

2319
02:17:08,900 --> 02:17:10,960
Senator Joseph Victor "JV" G. Ejercito: Charlito Mendoza.

2320
02:17:14,820 --> 02:17:16,020
BIR Commissioner Charlito Martin R. Mendoza: Good afternoon,

2321
02:17:16,140 --> 02:17:16,580
BIR Commissioner Charlito Martin R. Mendoza: Mr. Chair.

2322
02:17:17,120 --> 02:17:19,740
BIR Commissioner Charlito Martin R. Mendoza: The concern has always been

2323
02:17:19,740 --> 02:17:21,120
BIR Commissioner Charlito Martin R. Mendoza: with respect to the BIR

2324
02:17:21,120 --> 02:17:23,240
BIR Commissioner Charlito Martin R. Mendoza: when it comes to

2325
02:17:23,240 --> 02:17:25,520
BIR Commissioner Charlito Martin R. Mendoza: zero-rated transactions

2326
02:17:25,520 --> 02:17:27,140
BIR Commissioner Charlito Martin R. Mendoza: from RBEs

2327
02:17:27,140 --> 02:17:28,140
BIR Commissioner Charlito Martin R. Mendoza: is that

2328
02:17:28,140 --> 02:17:29,860
BIR Commissioner Charlito Martin R. Mendoza: refund takes time.

2329
02:17:30,540 --> 02:17:32,320
BIR Commissioner Charlito Martin R. Mendoza: And we have addressed this

2330
02:17:32,320 --> 02:17:34,680
BIR Commissioner Charlito Martin R. Mendoza: substantially over

2331
02:17:34,680 --> 02:17:36,780
BIR Commissioner Charlito Martin R. Mendoza: the past several months.

2332
02:17:39,680 --> 02:17:40,780
BIR Commissioner Charlito Martin R. Mendoza: Refund now

2333
02:17:40,780 --> 02:17:42,600
BIR Commissioner Charlito Martin R. Mendoza: takes only a maximum

2334
02:17:42,600 --> 02:17:44,720
BIR Commissioner Charlito Martin R. Mendoza: of 90 days for VAT refund.

2335
02:17:45,580 --> 02:17:46,720
BIR Commissioner Charlito Martin R. Mendoza: We are dependent

2336
02:17:46,720 --> 02:17:48,760
BIR Commissioner Charlito Martin R. Mendoza: on the certification that is being given

2337
02:17:48,760 --> 02:17:51,060
BIR Commissioner Charlito Martin R. Mendoza: to us by the investment promotion agencies.

2338
02:17:51,060 --> 02:17:53,340
BIR Commissioner Charlito Martin R. Mendoza: But with respect to the issue

2339
02:17:53,340 --> 02:17:55,240
BIR Commissioner Charlito Martin R. Mendoza: on refunds of VAT

2340
02:17:55,240 --> 02:17:56,940
BIR Commissioner Charlito Martin R. Mendoza: on zero-rated transactions,

2341
02:17:56,940 --> 02:18:00,080
BIR Commissioner Charlito Martin R. Mendoza: the process of the BIR is fast.

2342
02:18:00,080 --> 02:18:02,280
BIR Commissioner Charlito Martin R. Mendoza: The timelines that we are following

2343
02:18:02,280 --> 02:18:03,020
BIR Commissioner Charlito Martin R. Mendoza: are limited.

2344
02:18:03,580 --> 02:18:05,160
BIR Commissioner Charlito Martin R. Mendoza: And when it comes to the documents

2345
02:18:05,160 --> 02:18:06,180
BIR Commissioner Charlito Martin R. Mendoza: that need to be submitted,

2346
02:18:06,560 --> 02:18:08,380
BIR Commissioner Charlito Martin R. Mendoza: we have substantially reduced that

2347
02:18:08,380 --> 02:18:10,540
BIR Commissioner Charlito Martin R. Mendoza: from 30 documents

2348
02:18:10,540 --> 02:18:13,080
BIR Commissioner Charlito Martin R. Mendoza: to 9 to 17 documents only.

2349
02:18:13,780 --> 02:18:14,500
BIR Commissioner Charlito Martin R. Mendoza: Thank you, Mr. Chair.

2350
02:18:19,940 --> 02:18:21,280
Senator Joseph Victor "JV" G. Ejercito: Sikong Ariel,

2351
02:18:22,420 --> 02:18:23,620
Senator Joseph Victor "JV" G. Ejercito: before you

2352
02:18:23,620 --> 02:18:25,820
Senator Joseph Victor "JV" G. Ejercito: answer, I'd just like to

2353
02:18:25,820 --> 02:18:26,920
Senator Joseph Victor "JV" G. Ejercito: acknowledge the presence of

2354
02:18:26,920 --> 02:18:27,920
Senator Joseph Victor "JV" G. Ejercito: Senator Joel Villanueva.

2355
02:18:27,920 --> 02:18:29,480
Senator Joseph Victor "JV" G. Ejercito: Thank you, sir, for joining us.

2356
02:18:29,900 --> 02:18:31,460
Senator Joel Villanueva: Thank you, Mr. Chairman,

2357
02:18:31,560 --> 02:18:33,860
Senator Joel Villanueva: just to put on record that I've been here

2358
02:18:33,860 --> 02:18:37,460
Senator Joel Villanueva: for quite a long time

2359
02:18:37,460 --> 02:18:39,640
Senator Joel Villanueva: as a supporter of the

2360
02:18:39,640 --> 02:18:40,960
Senator Joel Villanueva: department, especially

2361
02:18:40,960 --> 02:18:42,960
Senator Joel Villanueva: in these times that

2362
02:18:42,960 --> 02:18:45,620
Senator Joel Villanueva: we need to

2363
02:18:45,620 --> 02:18:47,040
Senator Joel Villanueva: help each other

2364
02:18:47,040 --> 02:18:49,020
Senator Joel Villanueva: in this trying time.

2365
02:18:49,180 --> 02:18:50,900
Senator Joel Villanueva: So, thank you, Mr. President,

2366
02:18:51,100 --> 02:18:53,040
Senator Joel Villanueva: for having me. And, of course,

2367
02:18:53,100 --> 02:18:54,260
Senator Joel Villanueva: we welcome and

2368
02:18:54,260 --> 02:18:56,600
Senator Joel Villanueva: extend our gratitude

2369
02:18:56,600 --> 02:18:58,340
Senator Joel Villanueva: to the men and women

2370
02:18:58,340 --> 02:19:00,360
Senator Joel Villanueva: working for

2371
02:19:00,360 --> 02:19:02,720
Senator Joel Villanueva: the Department of Finance and its attached agencies,

2372
02:19:03,220 --> 02:19:04,320
Senator Joel Villanueva: the Bureau of Customs,

2373
02:19:04,380 --> 02:19:06,220
Senator Joel Villanueva: BIR, etc., headed by

2374
02:19:06,220 --> 02:19:08,180
Senator Joel Villanueva: Secretary Goh. Thank you, Mr. President.

2375
02:19:10,540 --> 02:19:12,080
Senator Joseph Victor "JV" G. Ejercito: Thank you, Senator Villanueva.

2376
02:19:13,020 --> 02:19:13,760
Senator Joseph Victor "JV" G. Ejercito: Come again.

2377
02:19:15,080 --> 02:19:16,160
BOC Commissioner Ariel F. Nepomuceno: Aligned with what

2378
02:19:16,160 --> 02:19:17,900
BOC Commissioner Ariel F. Nepomuceno: Secretary Frederick has mentioned,

2379
02:19:18,380 --> 02:19:20,000
BOC Commissioner Ariel F. Nepomuceno: Mr. Chair, while

2380
02:19:20,000 --> 02:19:22,040
BOC Commissioner Ariel F. Nepomuceno: BOC is doing

2381
02:19:22,040 --> 02:19:23,640
BOC Commissioner Ariel F. Nepomuceno: what it can

2382
02:19:23,640 --> 02:19:25,640
BOC Commissioner Ariel F. Nepomuceno: and what we can do

2383
02:19:26,600 --> 02:19:28,480
BOC Commissioner Ariel F. Nepomuceno: for us, ensuring that there will be

2384
02:19:28,480 --> 02:19:29,920
BOC Commissioner Ariel F. Nepomuceno: no leakages with the

2385
02:19:29,920 --> 02:19:31,760
BOC Commissioner Ariel F. Nepomuceno: enterprises or business groups

2386
02:19:31,760 --> 02:19:33,360
BOC Commissioner Ariel F. Nepomuceno: inside the economic zones.

2387
02:19:33,740 --> 02:19:36,040
BOC Commissioner Ariel F. Nepomuceno: But we recognize that we have

2388
02:19:36,040 --> 02:19:38,080
BOC Commissioner Ariel F. Nepomuceno: received reports of possible

2389
02:19:38,080 --> 02:19:40,440
BOC Commissioner Ariel F. Nepomuceno: infractions or abuse

2390
02:19:40,440 --> 02:19:42,480
BOC Commissioner Ariel F. Nepomuceno: of their privilege inside the economic

2391
02:19:42,480 --> 02:19:43,740
BOC Commissioner Ariel F. Nepomuceno: zones. So, in fact,

2392
02:19:44,220 --> 02:19:45,940
BOC Commissioner Ariel F. Nepomuceno: we have a list of some companies

2393
02:19:45,940 --> 02:19:47,760
BOC Commissioner Ariel F. Nepomuceno: that we are monitoring

2394
02:19:47,760 --> 02:19:49,820
BOC Commissioner Ariel F. Nepomuceno: for probable

2395
02:19:49,820 --> 02:19:52,000
BOC Commissioner Ariel F. Nepomuceno: violations of their privileges.

2396
02:19:52,780 --> 02:19:54,220
BOC Commissioner Ariel F. Nepomuceno: So, I

2397
02:19:54,220 --> 02:19:56,220
BOC Commissioner Ariel F. Nepomuceno: fully agree with what Secretary Frederick

2398
02:19:56,220 --> 02:19:57,400
BOC Commissioner Ariel F. Nepomuceno: has mentioned, that

2399
02:19:57,400 --> 02:19:58,960
BOC Commissioner Ariel F. Nepomuceno: there is some

2400
02:19:58,960 --> 02:20:01,720
BOC Commissioner Ariel F. Nepomuceno: possible or potential issues

2401
02:20:01,720 --> 02:20:03,860
BOC Commissioner Ariel F. Nepomuceno: with the existence of both domestic

2402
02:20:03,860 --> 02:20:06,000
BOC Commissioner Ariel F. Nepomuceno: and foreign enterprises

2403
02:20:06,000 --> 02:20:08,020
BOC Commissioner Ariel F. Nepomuceno: doing their operations

2404
02:20:08,020 --> 02:20:09,340
BOC Commissioner Ariel F. Nepomuceno: inside the economic zones.

2405
02:20:11,300 --> 02:20:13,280
Senator Joseph Victor "JV" G. Ejercito: Yes, Senator Villanueva.

2406
02:20:14,260 --> 02:20:15,960
Senator Joel Villanueva: Recently, perhaps, I think

2407
02:20:15,960 --> 02:20:17,980
Senator Joel Villanueva: yesterday or two days ago, when I heard

2408
02:20:17,980 --> 02:20:20,100
Senator Joel Villanueva: about this news item

2409
02:20:20,100 --> 02:20:21,860
Senator Joel Villanueva: that happened in my beloved province

2410
02:20:21,860 --> 02:20:22,780
Senator Joel Villanueva: in Bulacan,

2411
02:20:23,320 --> 02:20:25,860
Senator Joel Villanueva: may nasabat po na ilalim,

2412
02:20:26,220 --> 02:20:27,280
Senator Joel Villanueva: na toneto nila adang

2413
02:20:27,280 --> 02:20:30,460
Senator Joel Villanueva: meat, I think chicken,

2414
02:20:30,780 --> 02:20:33,040
Senator Joel Villanueva: na inilabas po.

2415
02:20:33,440 --> 02:20:34,560
Senator Joel Villanueva: And unfortunately,

2416
02:20:34,920 --> 02:20:36,980
Senator Joel Villanueva: ito daw po ay nahuli na

2417
02:20:36,980 --> 02:20:38,840
Senator Joel Villanueva: ng Bureau of Customs.

2418
02:20:39,280 --> 02:20:40,860
Senator Joel Villanueva: And then from your own

2419
02:20:40,860 --> 02:20:42,200
Senator Joel Villanueva: warehouse,

2420
02:20:42,940 --> 02:20:44,540
Senator Joel Villanueva: o kung saan man tinatago

2421
02:20:44,540 --> 02:20:46,940
Senator Joel Villanueva: storage ito, nailabas pa

2422
02:20:46,940 --> 02:20:49,420
Senator Joel Villanueva: at munti ka na pong

2423
02:20:49,420 --> 02:20:51,040
Senator Joel Villanueva: maibenta. Buti na lang din na

2424
02:20:51,040 --> 02:20:52,600
Senator Joel Villanueva: nasabat, Mr. Chairman, dun po sa

2425
02:20:52,600 --> 02:20:53,700
Senator Joel Villanueva: Santa Maria, Bulacan.

2426
02:20:54,400 --> 02:20:55,860
Senator Joel Villanueva: And, syempre, naging

2427
02:20:56,220 --> 02:20:57,900
Senator Joel Villanueva: nag-worry po tayo, puro

2428
02:20:57,900 --> 02:21:00,360
Senator Joel Villanueva: yung buong lahi po natin, taga Bulacan.

2429
02:21:00,760 --> 02:21:02,480
Senator Joel Villanueva: Can you imagine kung ang nabentahan

2430
02:21:02,480 --> 02:21:03,820
Senator Joel Villanueva: ay mga kamag-anak mo.

2431
02:21:04,680 --> 02:21:06,320
Senator Joel Villanueva: But, of course, we are

2432
02:21:06,320 --> 02:21:07,340
Senator Joel Villanueva: not here to

2433
02:21:07,340 --> 02:21:10,640
Senator Joel Villanueva: you know, we wanted

2434
02:21:10,640 --> 02:21:12,600
Senator Joel Villanueva: to make sure that our system works.

2435
02:21:12,860 --> 02:21:14,400
Senator Joel Villanueva: I mean, if that is really

2436
02:21:14,400 --> 02:21:16,380
Senator Joel Villanueva: the case, I mean,

2437
02:21:17,160 --> 02:21:18,820
Senator Joel Villanueva: it's alarming, Mr. President,

2438
02:21:19,020 --> 02:21:20,400
Senator Joel Villanueva: na nandun na po sa storage,

2439
02:21:20,960 --> 02:21:22,780
Senator Joel Villanueva: may kakontsaba, nailabas pa rin.

2440
02:21:23,660 --> 02:21:24,640
Senator Joel Villanueva: And then, gusto pong

2441
02:21:24,640 --> 02:21:26,200
Senator Joel Villanueva: maibenta. So, kung hindi po nasa

2442
02:21:26,220 --> 02:21:27,180
Senator Joel Villanueva: batun, Mr. President,

2443
02:21:28,000 --> 02:21:29,400
Senator Joel Villanueva: mabibenta pa, Mr. President.

2444
02:21:29,600 --> 02:21:32,120
Senator Joel Villanueva: And, of course, yung next question

2445
02:21:32,120 --> 02:21:32,660
Senator Joel Villanueva: dyan is,

2446
02:21:34,660 --> 02:21:36,480
Senator Joel Villanueva: pwede palang mangyari ito,

2447
02:21:36,540 --> 02:21:38,860
Senator Joel Villanueva: Mr. Chairman, nakaka-alarma

2448
02:21:38,860 --> 02:21:40,500
Senator Joel Villanueva: din. So, I hope na

2449
02:21:40,500 --> 02:21:42,700
Senator Joel Villanueva: we're really looking into this.

2450
02:21:42,900 --> 02:21:44,200
Senator Joel Villanueva: And, I heard

2451
02:21:44,200 --> 02:21:45,740
Senator Joel Villanueva: from some

2452
02:21:45,740 --> 02:21:48,160
Senator Joel Villanueva: news reports also that I think

2453
02:21:48,160 --> 02:21:50,340
Senator Joel Villanueva: the Commissioner already stated that

2454
02:21:50,340 --> 02:21:52,480
Senator Joel Villanueva: heads will roll and they are

2455
02:21:52,480 --> 02:21:54,620
Senator Joel Villanueva: into this. At parang may idea

2456
02:21:54,620 --> 02:21:55,780
Senator Joel Villanueva: na po kayo. Can you just,

2457
02:21:56,220 --> 02:21:58,100
Senator Joel Villanueva: brief us, sir, of what happened?

2458
02:21:58,160 --> 02:22:00,180
Senator Joel Villanueva: But, of course, I commend also

2459
02:22:00,180 --> 02:22:01,760
Senator Joel Villanueva: the men and women behind this

2460
02:22:01,760 --> 02:22:04,840
Senator Joel Villanueva: operation na mahuli po sila.

2461
02:22:05,080 --> 02:22:05,540
Senator Joel Villanueva: Salamat po.

2462
02:22:06,980 --> 02:22:08,520
BOC Commissioner Ariel F. Nepomuceno: Mr. Chair, Your Honor,

2463
02:22:08,720 --> 02:22:10,120
BOC Commissioner Ariel F. Nepomuceno: tagaanggat din po ako,

2464
02:22:11,420 --> 02:22:13,060
BOC Commissioner Ariel F. Nepomuceno: Mr. Senator.

2465
02:22:14,840 --> 02:22:16,500
BOC Commissioner Ariel F. Nepomuceno: Hindi po dapat mangyari po yun.

2466
02:22:16,600 --> 02:22:17,480
BOC Commissioner Ariel F. Nepomuceno: That's the big answer.

2467
02:22:18,160 --> 02:22:20,040
BOC Commissioner Ariel F. Nepomuceno: So, but we have already explained

2468
02:22:20,040 --> 02:22:22,200
BOC Commissioner Ariel F. Nepomuceno: earlier that one of

2469
02:22:22,200 --> 02:22:24,380
BOC Commissioner Ariel F. Nepomuceno: the many

2470
02:22:24,380 --> 02:22:26,100
BOC Commissioner Ariel F. Nepomuceno: problems that we have inherited,

2471
02:22:26,220 --> 02:22:28,200
BOC Commissioner Ariel F. Nepomuceno: is inherited, is the

2472
02:22:28,200 --> 02:22:29,280
BOC Commissioner Ariel F. Nepomuceno: weakness of this

2473
02:22:29,280 --> 02:22:32,080
BOC Commissioner Ariel F. Nepomuceno: condemnation option of the

2474
02:22:32,080 --> 02:22:33,980
BOC Commissioner Ariel F. Nepomuceno: Bureau of Customs to be done really properly.

2475
02:22:34,200 --> 02:22:36,120
BOC Commissioner Ariel F. Nepomuceno: Ganto po yun eh. Yung mga nasabat

2476
02:22:36,120 --> 02:22:38,120
BOC Commissioner Ariel F. Nepomuceno: po natin ng mga smuggled goods na

2477
02:22:38,120 --> 02:22:40,440
BOC Commissioner Ariel F. Nepomuceno: dapat sisirain, for example, cigarettes,

2478
02:22:41,560 --> 02:22:44,060
BOC Commissioner Ariel F. Nepomuceno: agricultural products na

2479
02:22:44,060 --> 02:22:45,940
BOC Commissioner Ariel F. Nepomuceno: hindi na fit for human consumption,

2480
02:22:46,400 --> 02:22:48,080
BOC Commissioner Ariel F. Nepomuceno: dapat sirain yan doon sa mga

2481
02:22:48,080 --> 02:22:49,240
BOC Commissioner Ariel F. Nepomuceno: condemnation facilities.

2482
02:22:49,920 --> 02:22:52,260
BOC Commissioner Ariel F. Nepomuceno: The weaknesses that

2483
02:22:52,260 --> 02:22:53,800
BOC Commissioner Ariel F. Nepomuceno: we have identified are two.

2484
02:22:53,800 --> 02:22:54,880
BOC Commissioner Ariel F. Nepomuceno: Mainly one,

2485
02:22:54,880 --> 02:22:56,580
BOC Commissioner Ariel F. Nepomuceno: we don't have,

2486
02:22:56,780 --> 02:22:58,660
BOC Commissioner Ariel F. Nepomuceno: unlike in other countries, we don't have

2487
02:22:58,660 --> 02:23:00,560
BOC Commissioner Ariel F. Nepomuceno: our own condemnation

2488
02:23:00,560 --> 02:23:02,740
BOC Commissioner Ariel F. Nepomuceno: facility. Therefore, we are dependent

2489
02:23:02,740 --> 02:23:04,380
BOC Commissioner Ariel F. Nepomuceno: on the

2490
02:23:04,380 --> 02:23:07,180
BOC Commissioner Ariel F. Nepomuceno: private condemnators.

2491
02:23:07,440 --> 02:23:08,940
BOC Commissioner Ariel F. Nepomuceno: But the second weakness with this

2492
02:23:08,940 --> 02:23:10,700
BOC Commissioner Ariel F. Nepomuceno: is, we don't have,

2493
02:23:10,920 --> 02:23:12,580
BOC Commissioner Ariel F. Nepomuceno: ironically, we don't have the budget

2494
02:23:12,580 --> 02:23:14,600
BOC Commissioner Ariel F. Nepomuceno: to fund

2495
02:23:14,600 --> 02:23:16,580
BOC Commissioner Ariel F. Nepomuceno: such condemnation activities.

2496
02:23:17,020 --> 02:23:18,740
BOC Commissioner Ariel F. Nepomuceno: For the longest time, wala pong budget

2497
02:23:18,740 --> 02:23:20,160
BOC Commissioner Ariel F. Nepomuceno: ang customs. Therefore,

2498
02:23:20,820 --> 02:23:22,120
BOC Commissioner Ariel F. Nepomuceno: it will be a big puzzle.

2499
02:23:22,120 --> 02:23:23,920
BOC Commissioner Ariel F. Nepomuceno: What is the motivation

2500
02:23:23,920 --> 02:23:24,820
BOC Commissioner Ariel F. Nepomuceno: of

2501
02:23:24,880 --> 02:23:25,700
BOC Commissioner Ariel F. Nepomuceno: these condemnators?

2502
02:23:26,000 --> 02:23:27,320
BOC Commissioner Ariel F. Nepomuceno: Of course, mayroon naman matitin

2503
02:23:27,320 --> 02:23:29,620
BOC Commissioner Ariel F. Nepomuceno: ng condemnators, but that's still a big

2504
02:23:29,620 --> 02:23:31,420
BOC Commissioner Ariel F. Nepomuceno: puzzle. But nila gagawin yung

2505
02:23:31,420 --> 02:23:34,120
BOC Commissioner Ariel F. Nepomuceno: trabaho na logistic siya,

2506
02:23:34,220 --> 02:23:35,420
BOC Commissioner Ariel F. Nepomuceno: nakahakuti nila from

2507
02:23:35,420 --> 02:23:37,860
BOC Commissioner Ariel F. Nepomuceno: the warehouses of the Bureau of Customs,

2508
02:23:37,940 --> 02:23:39,840
BOC Commissioner Ariel F. Nepomuceno: dadalit sa kanilang condemnation facility,

2509
02:23:40,320 --> 02:23:41,280
BOC Commissioner Ariel F. Nepomuceno: may operations po yun.

2510
02:23:41,840 --> 02:23:43,940
BOC Commissioner Ariel F. Nepomuceno: So, the logic supposed to be is

2511
02:23:43,940 --> 02:23:45,880
BOC Commissioner Ariel F. Nepomuceno: the logic supposed to be

2512
02:23:45,880 --> 02:23:47,820
BOC Commissioner Ariel F. Nepomuceno: is for them to be able to salvage

2513
02:23:47,820 --> 02:23:49,580
BOC Commissioner Ariel F. Nepomuceno: some value from the

2514
02:23:50,340 --> 02:23:52,240
BOC Commissioner Ariel F. Nepomuceno: smuggled products

2515
02:23:52,240 --> 02:23:54,160
BOC Commissioner Ariel F. Nepomuceno: that are supposed to be going to be destroyed.

2516
02:23:54,880 --> 02:23:56,660
BOC Commissioner Ariel F. Nepomuceno: Nandun po yung temptation

2517
02:23:56,660 --> 02:23:59,240
BOC Commissioner Ariel F. Nepomuceno: na we have received

2518
02:23:59,240 --> 02:24:00,220
BOC Commissioner Ariel F. Nepomuceno: reports that

2519
02:24:00,220 --> 02:24:02,640
BOC Commissioner Ariel F. Nepomuceno: in the past, of course, with your respect

2520
02:24:02,640 --> 02:24:05,020
BOC Commissioner Ariel F. Nepomuceno: for the leaders of the BOC

2521
02:24:05,020 --> 02:24:07,520
BOC Commissioner Ariel F. Nepomuceno: in the past, nangyayari daw po yung

2522
02:24:07,520 --> 02:24:09,080
BOC Commissioner Ariel F. Nepomuceno: sa halit na sirain

2523
02:24:09,080 --> 02:24:10,880
BOC Commissioner Ariel F. Nepomuceno: ay mapupunta po ulit sa merkado.

2524
02:24:11,340 --> 02:24:13,420
BOC Commissioner Ariel F. Nepomuceno: This is why we became very strict on this.

2525
02:24:13,980 --> 02:24:15,560
BOC Commissioner Ariel F. Nepomuceno: We have, for example,

2526
02:24:15,880 --> 02:24:16,720
BOC Commissioner Ariel F. Nepomuceno: instructed that

2527
02:24:16,720 --> 02:24:18,780
BOC Commissioner Ariel F. Nepomuceno: once these activities will be done,

2528
02:24:18,780 --> 02:24:20,440
BOC Commissioner Ariel F. Nepomuceno: dapat meron pong body cameras

2529
02:24:20,440 --> 02:24:23,000
BOC Commissioner Ariel F. Nepomuceno: and then in the area where this will be

2530
02:24:23,000 --> 02:24:24,720
BOC Commissioner Ariel F. Nepomuceno: destroyed, meron pong

2531
02:24:24,720 --> 02:24:26,640
BOC Commissioner Ariel F. Nepomuceno: mga mobile CCTVs

2532
02:24:26,640 --> 02:24:28,640
BOC Commissioner Ariel F. Nepomuceno: ensuring that there will be

2533
02:24:28,640 --> 02:24:29,860
BOC Commissioner Ariel F. Nepomuceno: no leakages or

2534
02:24:29,860 --> 02:24:32,620
BOC Commissioner Ariel F. Nepomuceno: those that will be supposed to be

2535
02:24:32,620 --> 02:24:34,340
BOC Commissioner Ariel F. Nepomuceno: destroyed will not end up in the market.

2536
02:24:35,080 --> 02:24:36,220
BOC Commissioner Ariel F. Nepomuceno: This is the reason why

2537
02:24:36,220 --> 02:24:38,280
BOC Commissioner Ariel F. Nepomuceno: immediately I ordered yesterday

2538
02:24:38,280 --> 02:24:39,280
BOC Commissioner Ariel F. Nepomuceno: to

2539
02:24:39,280 --> 02:24:42,820
BOC Commissioner Ariel F. Nepomuceno: let those who are supposed to be

2540
02:24:42,820 --> 02:24:44,540
BOC Commissioner Ariel F. Nepomuceno: responsible in ensuring

2541
02:24:44,540 --> 02:24:46,560
BOC Commissioner Ariel F. Nepomuceno: that there will be no infraction

2542
02:24:46,560 --> 02:24:48,680
BOC Commissioner Ariel F. Nepomuceno: or a mistake

2543
02:24:48,680 --> 02:24:50,760
BOC Commissioner Ariel F. Nepomuceno: in the operations

2544
02:24:50,760 --> 02:24:52,180
BOC Commissioner Ariel F. Nepomuceno: magpapaliwanag sila.

2545
02:24:52,480 --> 02:24:54,700
BOC Commissioner Ariel F. Nepomuceno: And we have already relieved some officers'

2546
02:24:54,720 --> 02:24:56,300
BOC Commissioner Ariel F. Nepomuceno: in the area and

2547
02:24:56,300 --> 02:24:58,640
BOC Commissioner Ariel F. Nepomuceno: hindi lang po

2548
02:24:58,640 --> 02:24:59,960
BOC Commissioner Ariel F. Nepomuceno: heads with us. We will really

2549
02:24:59,960 --> 02:25:02,400
BOC Commissioner Ariel F. Nepomuceno: sue them in court kung sakasakali

2550
02:25:02,400 --> 02:25:04,800
BOC Commissioner Ariel F. Nepomuceno: because may continuing smuggling

2551
02:25:04,800 --> 02:25:06,940
BOC Commissioner Ariel F. Nepomuceno: aspect po yan. Once we are able to prove

2552
02:25:06,940 --> 02:25:08,660
BOC Commissioner Ariel F. Nepomuceno: that indeed there are

2553
02:25:08,660 --> 02:25:10,500
BOC Commissioner Ariel F. Nepomuceno: infractions, not only by the

2554
02:25:10,500 --> 02:25:12,700
BOC Commissioner Ariel F. Nepomuceno: personnel of BOC, but including

2555
02:25:12,700 --> 02:25:14,520
BOC Commissioner Ariel F. Nepomuceno: yung may-ari at operator

2556
02:25:14,520 --> 02:25:16,560
BOC Commissioner Ariel F. Nepomuceno: ng condemnation facility, we will charge

2557
02:25:16,560 --> 02:25:18,460
BOC Commissioner Ariel F. Nepomuceno: them with our existing

2558
02:25:18,460 --> 02:25:20,260
BOC Commissioner Ariel F. Nepomuceno: CMTA for possible

2559
02:25:20,260 --> 02:25:22,360
BOC Commissioner Ariel F. Nepomuceno: smuggling violation. Kasama po yan.

2560
02:25:22,360 --> 02:25:24,460
BOC Commissioner Ariel F. Nepomuceno: Ang smuggling di po literal lang po yan

2561
02:25:24,460 --> 02:25:26,460
BOC Commissioner Ariel F. Nepomuceno: na pagpasok sa pier. Hanggang sa

2562
02:25:26,460 --> 02:25:27,860
BOC Commissioner Ariel F. Nepomuceno: rendering, pwede po yan

2563
02:25:27,860 --> 02:25:30,000
BOC Commissioner Ariel F. Nepomuceno: isama sa anti-smuggling

2564
02:25:30,000 --> 02:25:30,880
BOC Commissioner Ariel F. Nepomuceno: violation po.

2565
02:25:31,880 --> 02:25:34,140
Senator Joel Villanueva: Will it fall also under economic

2566
02:25:34,140 --> 02:25:35,120
Senator Joel Villanueva: sabotage?

2567
02:25:35,120 --> 02:25:36,380
BOC Commissioner Ariel F. Nepomuceno: In this case po, hindi

2568
02:25:36,380 --> 02:25:38,100
BOC Commissioner Ariel F. Nepomuceno: ho kasi 7 million lang po yung

2569
02:25:38,100 --> 02:25:40,300
BOC Commissioner Ariel F. Nepomuceno: value. It's less than the threshold

2570
02:25:40,300 --> 02:25:40,940
BOC Commissioner Ariel F. Nepomuceno: of 10 million.

2571
02:25:41,940 --> 02:25:44,380
Senator Joel Villanueva: This particular

2572
02:25:44,380 --> 02:25:46,620
Senator Joel Villanueva: matter, right now

2573
02:25:46,620 --> 02:25:47,920
Senator Joel Villanueva: you have

2574
02:25:47,920 --> 02:25:50,300
Senator Joel Villanueva: do you

2575
02:25:50,300 --> 02:25:52,780
Senator Joel Villanueva: have condemnation facilities?

2576
02:25:53,980 --> 02:25:54,380
Senator Joel Villanueva: Gaano ka

2577
02:25:54,460 --> 02:25:56,500
Senator Joel Villanueva: baki? Gaano kadami

2578
02:25:56,500 --> 02:25:57,300
Senator Joel Villanueva: yung kailangan?

2579
02:25:58,220 --> 02:26:00,000
Senator Joel Villanueva: I mean, I'm just trying to

2580
02:26:00,000 --> 02:26:02,320
Senator Joel Villanueva: think of how I could

2581
02:26:02,320 --> 02:26:04,600
Senator Joel Villanueva: be of help in any way. I remember the late

2582
02:26:04,600 --> 02:26:06,800
Senator Joel Villanueva: Bayani Fernando

2583
02:26:06,800 --> 02:26:08,560
Senator Joel Villanueva: nung MMDA siya

2584
02:26:08,560 --> 02:26:10,180
Senator Joel Villanueva: brother. Sabi niya,

2585
02:26:10,520 --> 02:26:12,220
Senator Joel Villanueva: tinanong ko siya nung one time, sabi ko

2586
02:26:12,220 --> 02:26:13,820
Senator Joel Villanueva: bakit pagka yung hinuli mo,

2587
02:26:14,460 --> 02:26:16,440
Senator Joel Villanueva: nilalagyan mo ng gasolina, tapos sinisigaan mo

2588
02:26:16,440 --> 02:26:18,180
Senator Joel Villanueva: na agad. Ang sabi niya sa akin,

2589
02:26:18,280 --> 02:26:20,100
Senator Joel Villanueva: kasi yung mismong mga tauhan ko,

2590
02:26:20,100 --> 02:26:22,000
Senator Joel Villanueva: pag hinuli yan, kinuha

2591
02:26:22,000 --> 02:26:24,300
Senator Joel Villanueva: yung gamit, bebenta pa

2592
02:26:24,300 --> 02:26:25,900
Senator Joel Villanueva: or magkakaroon pa ng pag-iisip.

2593
02:26:26,060 --> 02:26:27,820
Senator Joel Villanueva: Kaya, di ba hali ng masayang,

2594
02:26:27,920 --> 02:26:30,380
Senator Joel Villanueva: nilalagyan ko na ng gasolina, sinusindihan

2595
02:26:30,380 --> 02:26:31,220
Senator Joel Villanueva: ko na agad. So,

2596
02:26:31,780 --> 02:26:33,980
Senator Joel Villanueva: importante po yung

2597
02:26:33,980 --> 02:26:35,680
Senator Joel Villanueva: condemnation facilities and

2598
02:26:35,680 --> 02:26:37,960
Senator Joel Villanueva: yun nga, yung question ko,

2599
02:26:38,220 --> 02:26:40,140
Senator Joel Villanueva: ilan, meron, gaano kalaki?

2600
02:26:40,620 --> 02:26:42,100
Senator Joel Villanueva: And then, yung percentage

2601
02:26:42,100 --> 02:26:43,580
Senator Joel Villanueva: wise, ilan yung

2602
02:26:43,580 --> 02:26:46,060
Senator Joel Villanueva: private condemnation

2603
02:26:46,660 --> 02:26:48,060
Senator Joel Villanueva: entity

2604
02:26:48,060 --> 02:26:50,000
Senator Joel Villanueva: na kapartner

2605
02:26:50,000 --> 02:26:50,580
Senator Joel Villanueva: po ninyo?

2606
02:26:50,580 --> 02:26:53,020
Senator Joel Villanueva: And what?

2607
02:26:54,300 --> 02:26:56,400
Senator Joel Villanueva: What's their interest na

2608
02:26:56,400 --> 02:26:58,860
Senator Joel Villanueva: may makukuha ba sila doon sa

2609
02:26:58,860 --> 02:27:00,520
Senator Joel Villanueva: I don't understand really,

2610
02:27:00,680 --> 02:27:02,620
Senator Joel Villanueva: I'm being very honest here.

2611
02:27:03,380 --> 02:27:04,640
DOF Secretary Frederick D. Go: Mr. Chair, if I may,

2612
02:27:04,980 --> 02:27:06,560
DOF Secretary Frederick D. Go: before I pass the

2613
02:27:06,560 --> 02:27:08,500
DOF Secretary Frederick D. Go: floor back to

2614
02:27:08,500 --> 02:27:09,940
DOF Secretary Frederick D. Go: Commissioner Ariel Napumuseno,

2615
02:27:10,840 --> 02:27:12,800
DOF Secretary Frederick D. Go: Mr. Senator, you're the second senator

2616
02:27:12,800 --> 02:27:13,700
DOF Secretary Frederick D. Go: this afternoon

2617
02:27:13,700 --> 02:27:16,480
DOF Secretary Frederick D. Go: who brought up this issue.

2618
02:27:16,620 --> 02:27:18,640
DOF Secretary Frederick D. Go: So, I will repeat our ask.

2619
02:27:18,640 --> 02:27:20,760
DOF Secretary Frederick D. Go: That was in the original budget

2620
02:27:20,760 --> 02:27:22,640
DOF Secretary Frederick D. Go: request of the Bureau of Customs.

2621
02:27:23,380 --> 02:27:24,220
DOF Secretary Frederick D. Go: A small budget,

2622
02:27:24,300 --> 02:27:26,240
DOF Secretary Frederick D. Go: to build our own condemnation

2623
02:27:26,240 --> 02:27:28,500
DOF Secretary Frederick D. Go: facilities. But it was removed

2624
02:27:28,500 --> 02:27:30,480
DOF Secretary Frederick D. Go: from the NEP. So, it's part of

2625
02:27:30,480 --> 02:27:31,900
DOF Secretary Frederick D. Go: our ask that the Senate

2626
02:27:31,900 --> 02:27:34,380
DOF Secretary Frederick D. Go: consider restoring that line item.

2627
02:27:34,400 --> 02:27:36,600
Senator Joseph Victor "JV" G. Ejercito: For the record, how much will it cost?

2628
02:27:38,440 --> 02:27:40,640
DOF Secretary Frederick D. Go: So, it was there from the very beginning.

2629
02:27:40,640 --> 02:27:42,260
DOF Secretary Frederick D. Go: Two hundred, just two hundred

2630
02:27:42,260 --> 02:27:43,260
DOF Secretary Frederick D. Go: forty-one million.

2631
02:27:44,020 --> 02:27:46,080
DOF Secretary Frederick D. Go: Just two hundred forty-one point eight million.

2632
02:27:46,940 --> 02:27:48,660
DOF Secretary Frederick D. Go: And then, a provision for

2633
02:27:48,660 --> 02:27:50,500
DOF Secretary Frederick D. Go: condemning of three hundred

2634
02:27:50,500 --> 02:27:52,700
DOF Secretary Frederick D. Go: eighty million. So, two forty

2635
02:27:52,700 --> 02:27:54,100
DOF Secretary Frederick D. Go: plus three eighty. So,

2636
02:27:54,300 --> 02:27:56,440
DOF Secretary Frederick D. Go: six hundred thirty. Twenty million.

2637
02:27:56,460 --> 02:27:58,640
Senator Joel Villanueva: And this will be in Metro Manila.

2638
02:27:59,860 --> 02:28:00,640
Senator Joel Villanueva: May lugar na po.

2639
02:28:01,160 --> 02:28:03,000
BOC Commissioner Ariel F. Nepomuceno: Opo. Again, the quick answer

2640
02:28:03,000 --> 02:28:04,120
BOC Commissioner Ariel F. Nepomuceno: is nasagod na po ni

2641
02:28:04,120 --> 02:28:06,320
BOC Commissioner Ariel F. Nepomuceno: Secretary Fredrick. Wala pong

2642
02:28:06,320 --> 02:28:08,220
BOC Commissioner Ariel F. Nepomuceno: sariling condemnation facility ang BOC

2643
02:28:08,220 --> 02:28:10,340
BOC Commissioner Ariel F. Nepomuceno: for the longest time. At wala rin ho kaming

2644
02:28:10,340 --> 02:28:12,480
BOC Commissioner Ariel F. Nepomuceno: budget to finance the condemnation

2645
02:28:12,480 --> 02:28:14,660
BOC Commissioner Ariel F. Nepomuceno: to be done by the private sector.

2646
02:28:14,880 --> 02:28:16,820
BOC Commissioner Ariel F. Nepomuceno: More than twenty po yung mga accredited.

2647
02:28:17,680 --> 02:28:18,700
BOC Commissioner Ariel F. Nepomuceno: But I might,

2648
02:28:18,840 --> 02:28:20,360
BOC Commissioner Ariel F. Nepomuceno: I will have the exact, ano.

2649
02:28:20,840 --> 02:28:22,480
BOC Commissioner Ariel F. Nepomuceno: Wala pong condemnation

2650
02:28:22,480 --> 02:28:23,580
BOC Commissioner Ariel F. Nepomuceno: facility ang BOC.

2651
02:28:24,300 --> 02:28:25,560
BOC Commissioner Ariel F. Nepomuceno: And this has been, again,

2652
02:28:26,160 --> 02:28:28,040
BOC Commissioner Ariel F. Nepomuceno: originally requested in our

2653
02:28:28,040 --> 02:28:29,860
BOC Commissioner Ariel F. Nepomuceno: budget, pero na-strike out.

2654
02:28:29,860 --> 02:28:32,440
Senator Joel Villanueva: I don't know if it's the BOC in the world or in this

2655
02:28:32,440 --> 02:28:34,580
Senator Joel Villanueva: region. Nawala pong

2656
02:28:34,580 --> 02:28:36,540
Senator Joel Villanueva: condemnation facility. It's the first time

2657
02:28:36,540 --> 02:28:38,200
Senator Joel Villanueva: I'm hearing this. That's why I'm surprised.

2658
02:28:38,540 --> 02:28:39,660
BOC Commissioner Ariel F. Nepomuceno: At least po dun sa

2659
02:28:39,660 --> 02:28:41,620
BOC Commissioner Ariel F. Nepomuceno: ASEAN countries po.

2660
02:28:42,140 --> 02:28:44,300
BOC Commissioner Ariel F. Nepomuceno: Kasi we did our benchmarking.

2661
02:28:44,440 --> 02:28:46,300
BOC Commissioner Ariel F. Nepomuceno: So, we really found out that

2662
02:28:46,300 --> 02:28:48,440
BOC Commissioner Ariel F. Nepomuceno: this is one handicap that we have to address.

2663
02:28:48,440 --> 02:28:49,960
Senator Joel Villanueva: Anyway, I will not belabor the issue.

2664
02:28:49,960 --> 02:28:51,720
Senator Joel Villanueva: Thank you, Kababayan

2665
02:28:51,720 --> 02:28:54,100
Senator Joel Villanueva: Commissioner. And I

2666
02:28:54,100 --> 02:28:55,960
Senator Joel Villanueva: will support, Mr. Chairman, put it

2667
02:28:55,960 --> 02:28:57,940
Senator Joel Villanueva: in the record that I will support the

2668
02:28:57,940 --> 02:28:59,940
Senator Joel Villanueva: establishment of

2669
02:28:59,940 --> 02:29:01,340
Senator Joel Villanueva: our very own

2670
02:29:01,340 --> 02:29:03,780
Senator Joel Villanueva: condemnation facility, Mr. Chairman.

2671
02:29:03,900 --> 02:29:05,360
Senator Joel Villanueva: I think it's about time. And

2672
02:29:05,360 --> 02:29:07,960
Senator Joel Villanueva: ang chairman natin, mahilig sa mga legacy

2673
02:29:07,960 --> 02:29:10,020
Senator Joel Villanueva: projects. I think this is one of them. Thank you,

2674
02:29:10,080 --> 02:29:10,730
Senator Joel Villanueva: Mr. Chairman.

2675
02:29:10,730 --> 02:29:12,120
Senator Joseph Victor "JV" G. Ejercito: Thank you, Senator Villanueva.

2676
02:29:13,160 --> 02:29:14,040
Senator Joseph Victor "JV" G. Ejercito: In connection with,

2677
02:29:14,140 --> 02:29:15,820
Senator Joseph Victor "JV" G. Ejercito: ano, doon na rin sa Bulacan. Kasi

2678
02:29:15,820 --> 02:29:17,920
Senator Joseph Victor "JV" G. Ejercito: nagkaroon tayo, ano, before we go

2679
02:29:17,920 --> 02:29:18,900
Senator Joseph Victor "JV" G. Ejercito: back to create more.

2680
02:29:19,600 --> 02:29:21,280
Senator Joseph Victor "JV" G. Ejercito: Dito sa NJWEL, tungkol dun sa

2681
02:29:21,280 --> 02:29:23,740
Senator Joseph Victor "JV" G. Ejercito: nagkaroon ng, ito,

2682
02:29:24,100 --> 02:29:26,280
Senator Joseph Victor "JV" G. Ejercito: incident.

2683
02:29:26,880 --> 02:29:28,140
Senator Joseph Victor "JV" G. Ejercito: Yung dalawang, where two

2684
02:29:28,140 --> 02:29:29,920
Senator Joseph Victor "JV" G. Ejercito: custom staff were caught in the entrapment

2685
02:29:29,920 --> 02:29:31,860
Senator Joseph Victor "JV" G. Ejercito: operation allegedly trying to resell

2686
02:29:31,860 --> 02:29:34,020
Senator Joseph Victor "JV" G. Ejercito: 225 boxes of

2687
02:29:34,020 --> 02:29:36,160
Senator Joseph Victor "JV" G. Ejercito: sea-smuggled cigarettes. For destruction

2688
02:29:36,160 --> 02:29:38,160
Senator Joseph Victor "JV" G. Ejercito: din, no? Is this, was this

2689
02:29:38,160 --> 02:29:39,440
Senator Joseph Victor "JV" G. Ejercito: also for your destruction?

2690
02:29:40,040 --> 02:29:41,880
Senator Joseph Victor "JV" G. Ejercito: Alam ko, ito yung, ano eh, nagkaroon ng, ano,

2691
02:29:41,920 --> 02:29:44,160
Senator Joseph Victor "JV" G. Ejercito: with HPG. Ayaw naman natin

2692
02:29:44,160 --> 02:29:45,200
Senator Joseph Victor "JV" G. Ejercito: palaki ng away nyo.

2693
02:29:45,820 --> 02:29:48,100
Senator Joseph Victor "JV" G. Ejercito: I know that you will just deal with it, no?

2694
02:29:48,360 --> 02:29:49,420
Senator Joseph Victor "JV" G. Ejercito: Among yourselves. And I

2695
02:29:49,420 --> 02:29:51,860
Senator Joseph Victor "JV" G. Ejercito: know that Commissioner Ariel already

2696
02:29:51,860 --> 02:29:53,980
Senator Joseph Victor "JV" G. Ejercito: ano, I think,

2697
02:29:54,100 --> 02:29:56,260
Senator Joseph Victor "JV" G. Ejercito: fired or disciplined already

2698
02:29:56,260 --> 02:29:58,020
Senator Joseph Victor "JV" G. Ejercito: these two custom staff. Any

2699
02:29:58,020 --> 02:29:59,980
Senator Joseph Victor "JV" G. Ejercito: update po rito? These were smuggled

2700
02:30:00,000 --> 02:30:01,220
Senator Joseph Victor "JV" G. Ejercito: cigarettes supposedly for

2701
02:30:01,220 --> 02:30:03,720
Senator Joseph Victor "JV" G. Ejercito: distraction and they wanted to resell.

2702
02:30:03,800 --> 02:30:04,600
Senator Joseph Victor "JV" G. Ejercito: Ano ba nangyari dito?

2703
02:30:06,080 --> 02:30:07,220
BOC Commissioner Ariel F. Nepomuceno: Meron pong mga

2704
02:30:07,220 --> 02:30:09,900
BOC Commissioner Ariel F. Nepomuceno: subik na naman po ulit. That's why we are

2705
02:30:09,900 --> 02:30:11,380
BOC Commissioner Ariel F. Nepomuceno: overhauling our

2706
02:30:11,380 --> 02:30:14,040
BOC Commissioner Ariel F. Nepomuceno: organization in

2707
02:30:14,040 --> 02:30:16,140
BOC Commissioner Ariel F. Nepomuceno: subik. So there were cigarettes

2708
02:30:16,140 --> 02:30:17,980
BOC Commissioner Ariel F. Nepomuceno: that were apprehended in subik

2709
02:30:17,980 --> 02:30:19,960
BOC Commissioner Ariel F. Nepomuceno: and then ganoon din po kagaya doon sa

2710
02:30:19,960 --> 02:30:21,900
BOC Commissioner Ariel F. Nepomuceno: unang kaso. Dapat sisirain

2711
02:30:21,900 --> 02:30:23,920
BOC Commissioner Ariel F. Nepomuceno: ito sa condemnation facility sa

2712
02:30:23,920 --> 02:30:25,620
BOC Commissioner Ariel F. Nepomuceno: Bulacan. It's a Legox

2713
02:30:25,620 --> 02:30:27,400
BOC Commissioner Ariel F. Nepomuceno: C88 condemnation.

2714
02:30:28,020 --> 02:30:29,400
BOC Commissioner Ariel F. Nepomuceno: Kaya lang nagkaroon po ng

2715
02:30:29,400 --> 02:30:32,220
BOC Commissioner Ariel F. Nepomuceno: issue, ang unahong

2716
02:30:32,220 --> 02:30:34,140
BOC Commissioner Ariel F. Nepomuceno: issue na nirace po namin

2717
02:30:34,140 --> 02:30:35,960
BOC Commissioner Ariel F. Nepomuceno: in the condemnation

2718
02:30:35,960 --> 02:30:38,060
BOC Commissioner Ariel F. Nepomuceno: area wherein our people

2719
02:30:38,060 --> 02:30:39,780
BOC Commissioner Ariel F. Nepomuceno: were doing their job. May mga

2720
02:30:39,780 --> 02:30:41,960
BOC Commissioner Ariel F. Nepomuceno: body cameras naman po yan, Mr. Chair.

2721
02:30:42,680 --> 02:30:43,940
BOC Commissioner Ariel F. Nepomuceno: Dumating po yung HPG

2722
02:30:43,940 --> 02:30:45,200
BOC Commissioner Ariel F. Nepomuceno: doon and then ang

2723
02:30:45,200 --> 02:30:47,520
BOC Commissioner Ariel F. Nepomuceno: inareklamo ko lang naman po was

2724
02:30:47,520 --> 02:30:51,900
BOC Commissioner Ariel F. Nepomuceno: yung respeto supposed to be

2725
02:30:51,900 --> 02:30:53,580
BOC Commissioner Ariel F. Nepomuceno: accorded to a fellow agency

2726
02:30:53,580 --> 02:30:55,960
BOC Commissioner Ariel F. Nepomuceno: kasi pinataas yung kamay ng mga taga BOC

2727
02:30:55,960 --> 02:30:57,780
BOC Commissioner Ariel F. Nepomuceno: naka-ID naman yung aking mga

2728
02:30:57,780 --> 02:30:59,300
BOC Commissioner Ariel F. Nepomuceno: tauan, may uniforme, may

2729
02:30:59,300 --> 02:31:01,280
BOC Commissioner Ariel F. Nepomuceno: mission order that I signed. At

2730
02:31:01,280 --> 02:31:03,340
BOC Commissioner Ariel F. Nepomuceno: nandun din ang mga taga Department of Agriculture.

2731
02:31:04,060 --> 02:31:05,260
BOC Commissioner Ariel F. Nepomuceno: So yun lang naman yung

2732
02:31:05,260 --> 02:31:07,240
BOC Commissioner Ariel F. Nepomuceno: aking puna sa simula. Kung

2733
02:31:07,240 --> 02:31:09,380
BOC Commissioner Ariel F. Nepomuceno: bakit naman kailangan pang kapkapan,

2734
02:31:09,640 --> 02:31:11,420
BOC Commissioner Ariel F. Nepomuceno: kunin yung cellphone. Hindi po

2735
02:31:11,420 --> 02:31:13,040
BOC Commissioner Ariel F. Nepomuceno: tama yan sa KAPA agency. But

2736
02:31:13,040 --> 02:31:15,200
BOC Commissioner Ariel F. Nepomuceno: what I've done so far, para

2737
02:31:15,200 --> 02:31:16,640
BOC Commissioner Ariel F. Nepomuceno: wag hun lumala yung

2738
02:31:16,640 --> 02:31:19,400
BOC Commissioner Ariel F. Nepomuceno: posibleng parang pag-aaway

2739
02:31:19,400 --> 02:31:21,560
BOC Commissioner Ariel F. Nepomuceno: ng HPG at ng Bureau of Customs,

2740
02:31:21,880 --> 02:31:23,380
BOC Commissioner Ariel F. Nepomuceno: itinagkatiwala ko na po to

2741
02:31:23,380 --> 02:31:25,320
BOC Commissioner Ariel F. Nepomuceno: officially sa pamunuan ng

2742
02:31:25,320 --> 02:31:27,460
BOC Commissioner Ariel F. Nepomuceno: Philippine National Police dahil kaibigan ko naman po

2743
02:31:27,460 --> 02:31:29,140
BOC Commissioner Ariel F. Nepomuceno: si General Nartates at si

2744
02:31:29,140 --> 02:31:31,260
BOC Commissioner Ariel F. Nepomuceno: Secretary John D. Cremulia ang usapan namin,

2745
02:31:31,820 --> 02:31:33,540
BOC Commissioner Ariel F. Nepomuceno: we will just have to trust them

2746
02:31:33,540 --> 02:31:35,500
BOC Commissioner Ariel F. Nepomuceno: on their ongoing, with their own

2747
02:31:35,500 --> 02:31:37,600
BOC Commissioner Ariel F. Nepomuceno: investigation. So we will wait.

2748
02:31:38,100 --> 02:31:39,080
BOC Commissioner Ariel F. Nepomuceno: But I assure...

2749
02:31:39,080 --> 02:31:41,120
Senator Joseph Victor "JV" G. Ejercito: They're already investigating the matter already.

2750
02:31:41,160 --> 02:31:41,860
BOC Commissioner Ariel F. Nepomuceno: Ongoing po.

2751
02:31:42,620 --> 02:31:45,100
Senator Joseph Victor "JV" G. Ejercito: Saka kapag takalang, what is HPG

2752
02:31:45,100 --> 02:31:47,240
Senator Joseph Victor "JV" G. Ejercito: doing? What do they have to do?

2753
02:31:47,340 --> 02:31:48,420
Senator Joseph Victor "JV" G. Ejercito: Something with the smuggling,

2754
02:31:49,080 --> 02:31:50,560
Senator Joseph Victor "JV" G. Ejercito: diba? Or destruction.

2755
02:31:51,800 --> 02:31:52,880
Senator Joseph Victor "JV" G. Ejercito: I should have asked this

2756
02:31:52,880 --> 02:31:54,860
Senator Joseph Victor "JV" G. Ejercito: during the DALG hearing, but

2757
02:31:54,860 --> 02:31:57,180
Senator Joseph Victor "JV" G. Ejercito: we'll do again probably during the plenary.

2758
02:31:58,020 --> 02:31:59,100
BOC Commissioner Ariel F. Nepomuceno: Nire-relieve na rin po.

2759
02:31:59,140 --> 02:32:00,480
BOC Commissioner Ariel F. Nepomuceno: Ito rin po ng PNP

2760
02:32:00,480 --> 02:32:01,800
BOC Commissioner Ariel F. Nepomuceno: ang pamunuan po ng HPG.

2761
02:32:01,800 --> 02:32:03,540
Senator Joseph Victor "JV" G. Ejercito: Those concerned, ilan yung? Walo yata yun?

2762
02:32:04,600 --> 02:32:07,180
BOC Commissioner Ariel F. Nepomuceno: Hindi ako po sure. Ilan po yung tinanggal po na?

2763
02:32:07,260 --> 02:32:08,920
BOC Commissioner Ariel F. Nepomuceno: Including the top brass po ng

2764
02:32:08,920 --> 02:32:10,680
BOC Commissioner Ariel F. Nepomuceno: HPG. And we appreciate.

2765
02:32:11,220 --> 02:32:12,820
BOC Commissioner Ariel F. Nepomuceno: In fact, last Monday po,

2766
02:32:13,080 --> 02:32:15,040
BOC Commissioner Ariel F. Nepomuceno: the new chief of the

2767
02:32:15,040 --> 02:32:17,000
BOC Commissioner Ariel F. Nepomuceno: Highway Patrol Group visited

2768
02:32:17,000 --> 02:32:18,940
BOC Commissioner Ariel F. Nepomuceno: us and joined us in our flag ceremony

2769
02:32:18,940 --> 02:32:21,100
BOC Commissioner Ariel F. Nepomuceno: to show that we have no problem with each

2770
02:32:21,100 --> 02:32:22,600
BOC Commissioner Ariel F. Nepomuceno: other and that we are committed.

2771
02:32:22,700 --> 02:32:24,280
BOC Commissioner Ariel F. Nepomuceno: About the concerned BOC personnel?

2772
02:32:24,860 --> 02:32:26,600
BOC Commissioner Ariel F. Nepomuceno: Under investigation na rin po namin yun.

2773
02:32:27,320 --> 02:32:29,020
BOC Commissioner Ariel F. Nepomuceno: Again, we're doing parallel

2774
02:32:29,020 --> 02:32:31,340
BOC Commissioner Ariel F. Nepomuceno: investigation, but insofar as the

2775
02:32:31,340 --> 02:32:33,120
BOC Commissioner Ariel F. Nepomuceno: commotion

2776
02:32:33,120 --> 02:32:34,760
BOC Commissioner Ariel F. Nepomuceno: dun po sa pagpapatas ng kamay,

2777
02:32:34,860 --> 02:32:36,360
BOC Commissioner Ariel F. Nepomuceno: et cetera, I trust the PNP

2778
02:32:36,360 --> 02:32:38,720
BOC Commissioner Ariel F. Nepomuceno: that they're also doing their investigation

2779
02:32:38,720 --> 02:32:39,300
BOC Commissioner Ariel F. Nepomuceno: properly.

2780
02:32:42,320 --> 02:32:44,060
Senator Joseph Victor "JV" G. Ejercito: Well, I know that

2781
02:32:44,060 --> 02:32:45,900
Senator Joseph Victor "JV" G. Ejercito: Com. Ariel, you would not

2782
02:32:45,900 --> 02:32:48,160
Senator Joseph Victor "JV" G. Ejercito: tolerate this. I'd like to

2783
02:32:48,160 --> 02:32:50,160
Senator Joseph Victor "JV" G. Ejercito: thank you also for acting very

2784
02:32:50,160 --> 02:32:51,700
Senator Joseph Victor "JV" G. Ejercito: fast. Yun pong

2785
02:32:51,700 --> 02:32:54,280
Senator Joseph Victor "JV" G. Ejercito: I brought out this

2786
02:32:54,280 --> 02:32:56,480
Senator Joseph Victor "JV" G. Ejercito: issue in our radio program

2787
02:32:56,480 --> 02:32:57,980
Senator Joseph Victor "JV" G. Ejercito: with Ombudsman, yun toko sa

2788
02:32:57,980 --> 02:32:58,380
Senator Joseph Victor "JV" G. Ejercito: CIS.

2789
02:32:59,020 --> 02:33:00,460
Senator Joseph Victor "JV" G. Ejercito: Na nag-aabuso.

2790
02:33:01,240 --> 02:33:03,280
Senator Joseph Victor "JV" G. Ejercito: And umaksyon kagad kayo.

2791
02:33:03,400 --> 02:33:05,140
Senator Joseph Victor "JV" G. Ejercito: And I think he was already relieved

2792
02:33:05,140 --> 02:33:07,200
Senator Joseph Victor "JV" G. Ejercito: already, yung head ng CIS

2793
02:33:07,200 --> 02:33:09,520
Senator Joseph Victor "JV" G. Ejercito: and as well the other

2794
02:33:09,520 --> 02:33:10,540
Senator Joseph Victor "JV" G. Ejercito: personnel who were involved.

2795
02:33:11,320 --> 02:33:12,740
Senator Joseph Victor "JV" G. Ejercito: Medyo marami na rin kasi siyang

2796
02:33:12,740 --> 02:33:13,640
Senator Joseph Victor "JV" G. Ejercito: controversy eh.

2797
02:33:13,640 --> 02:33:14,920
BOC Commissioner Ariel F. Nepomuceno: Agad naman po na

2798
02:33:14,920 --> 02:33:16,740
BOC Commissioner Ariel F. Nepomuceno: pirmam po with the support of Secretary

2799
02:33:16,740 --> 02:33:18,520
BOC Commissioner Ariel F. Nepomuceno: Frederick, napalitan na po namin yung

2800
02:33:18,520 --> 02:33:19,100
BOC Commissioner Ariel F. Nepomuceno: pinuno po.

2801
02:33:20,400 --> 02:33:21,340
Senator Joseph Victor "JV" G. Ejercito: Sabi ko nga kasi,

2802
02:33:21,540 --> 02:33:23,660
Senator Joseph Victor "JV" G. Ejercito: Commissioner Arnel,

2803
02:33:24,560 --> 02:33:26,520
Senator Joseph Victor "JV" G. Ejercito: we trust him, even during the radio

2804
02:33:26,520 --> 02:33:28,340
Senator Joseph Victor "JV" G. Ejercito: program. I think he's a man of integrity.

2805
02:33:28,500 --> 02:33:29,000
Senator Joseph Victor "JV" G. Ejercito: Problema,

2806
02:33:29,020 --> 02:33:30,480
Senator Joseph Victor "JV" G. Ejercito: some depcoms,

2807
02:33:31,040 --> 02:33:32,980
Senator Joseph Victor "JV" G. Ejercito: some directors and collectors, probably

2808
02:33:32,980 --> 02:33:34,300
Senator Joseph Victor "JV" G. Ejercito: are abusing his

2809
02:33:34,300 --> 02:33:36,960
Senator Joseph Victor "JV" G. Ejercito: being a nice person, a good

2810
02:33:36,960 --> 02:33:38,680
Senator Joseph Victor "JV" G. Ejercito: person. Baka may nag-aano. Minsan,

2811
02:33:38,740 --> 02:33:40,160
Senator Joseph Victor "JV" G. Ejercito: pag masyado ka mabait, ano eh,

2812
02:33:40,900 --> 02:33:42,680
Senator Joseph Victor "JV" G. Ejercito: inaabuso ka, di ba?

2813
02:33:43,760 --> 02:33:45,020
Senator Joseph Victor "JV" G. Ejercito: Hindi lang kinukuha kagad,

2814
02:33:45,100 --> 02:33:47,100
Senator Joseph Victor "JV" G. Ejercito: pero minsan inaabuso ka rin.

2815
02:33:47,200 --> 02:33:48,760
Senator Joseph Victor "JV" G. Ejercito: So yun lang yung sinabi ko kay

2816
02:33:48,760 --> 02:33:51,060
Senator Joseph Victor "JV" G. Ejercito: Com. Ariel during that time. But he acted already

2817
02:33:51,060 --> 02:33:53,040
Senator Joseph Victor "JV" G. Ejercito: on this issue.

2818
02:33:53,240 --> 02:33:55,220
Senator Joseph Victor "JV" G. Ejercito: Maraming salamat sa pag-action

2819
02:33:55,220 --> 02:33:56,600
Senator Joseph Victor "JV" G. Ejercito: kagad. Because you do not want

2820
02:33:57,100 --> 02:33:58,820
Senator Joseph Victor "JV" G. Ejercito: these people, these rogues,

2821
02:33:59,020 --> 02:34:00,920
Senator Joseph Victor "JV" G. Ejercito: these misfits

2822
02:34:00,920 --> 02:34:02,840
Senator Joseph Victor "JV" G. Ejercito: to bring you down. Kasi maayos

2823
02:34:02,840 --> 02:34:04,960
Senator Joseph Victor "JV" G. Ejercito: ka tao, bihira ang ganito. Especially with

2824
02:34:04,960 --> 02:34:06,940
Senator Joseph Victor "JV" G. Ejercito: BOC, BIR, and all.

2825
02:34:07,200 --> 02:34:09,140
Senator Joseph Victor "JV" G. Ejercito: Lahat kayo maayos. We don't want

2826
02:34:09,140 --> 02:34:10,880
Senator Joseph Victor "JV" G. Ejercito: some bad eggs

2827
02:34:10,880 --> 02:34:11,680
Senator Joseph Victor "JV" G. Ejercito: to pull you down.

2828
02:34:13,880 --> 02:34:15,180
Senator Joseph Victor "JV" G. Ejercito: Before we continue,

2829
02:34:15,440 --> 02:34:16,380
Senator Joseph Victor "JV" G. Ejercito: the Chair would like to

2830
02:34:16,380 --> 02:34:18,840
Senator Joseph Victor "JV" G. Ejercito: recognize the presence of Senator Bongo

2831
02:34:18,840 --> 02:34:20,700
Senator Joseph Victor "JV" G. Ejercito: and Senator Robin Padilla.

2832
02:34:20,820 --> 02:34:22,700
Senator Joseph Victor "JV" G. Ejercito: Thank you, Sir, for joining. I would

2833
02:34:22,700 --> 02:34:24,720
Senator Joseph Victor "JV" G. Ejercito: give you the chance to ask, but I

2834
02:34:24,720 --> 02:34:26,660
Senator Joseph Victor "JV" G. Ejercito: will just finish this para hindi tayo

2835
02:34:26,660 --> 02:34:28,260
Senator Joseph Victor "JV" G. Ejercito: mawala dun sa

2836
02:34:28,260 --> 02:34:29,000
Senator Joseph Victor "JV" G. Ejercito: floor.

2837
02:34:29,020 --> 02:34:32,880
Senator Joseph Victor "JV" G. Ejercito: Yung second sa CreateMore,

2838
02:34:33,040 --> 02:34:34,720
Senator Joseph Victor "JV" G. Ejercito: does the revenue estimate include

2839
02:34:34,720 --> 02:34:36,780
Senator Joseph Victor "JV" G. Ejercito: behavioral responses and

2840
02:34:36,780 --> 02:34:38,940
Senator Joseph Victor "JV" G. Ejercito: the cost of longer or more generous

2841
02:34:38,940 --> 02:34:39,600
Senator Joseph Victor "JV" G. Ejercito: incentives?

2842
02:34:43,500 --> 02:34:44,220
Senator Joseph Victor "JV" G. Ejercito: Yusek,

2843
02:34:44,280 --> 02:34:44,780
Senator Joseph Victor "JV" G. Ejercito: Carlo?

2844
02:34:45,100 --> 02:34:47,220
DOF Undersecretary Karlo Fermin S. Adriano: Mr. Chair, on the revenue program

2845
02:34:47,220 --> 02:34:48,800
DOF Undersecretary Karlo Fermin S. Adriano: which include CreateMore,

2846
02:34:48,980 --> 02:34:51,100
DOF Undersecretary Karlo Fermin S. Adriano: wala po tayong revenue projection

2847
02:34:51,100 --> 02:34:53,260
DOF Undersecretary Karlo Fermin S. Adriano: on the potential tax expenditure

2848
02:34:53,260 --> 02:34:54,580
DOF Undersecretary Karlo Fermin S. Adriano: for new investments.

2849
02:34:54,940 --> 02:34:56,840
DOF Undersecretary Karlo Fermin S. Adriano: Because we cannot project ilan ba yung

2850
02:34:56,840 --> 02:34:58,600
DOF Undersecretary Karlo Fermin S. Adriano: investment that will be attractive

2851
02:34:59,020 --> 02:35:00,860
DOF Undersecretary Karlo Fermin S. Adriano: by CreateMore. So yung nandun po

2852
02:35:00,860 --> 02:35:02,720
DOF Undersecretary Karlo Fermin S. Adriano: na negative are those

2853
02:35:02,720 --> 02:35:04,820
DOF Undersecretary Karlo Fermin S. Adriano: related to RBEs under

2854
02:35:04,820 --> 02:35:07,300
DOF Undersecretary Karlo Fermin S. Adriano: enhanced deduction na lalo po

2855
02:35:07,300 --> 02:35:08,820
DOF Undersecretary Karlo Fermin S. Adriano: natin pinaganda po kasi yung enhanced

2856
02:35:08,820 --> 02:35:10,800
DOF Undersecretary Karlo Fermin S. Adriano: deduction. Yun lang po yung kasama doon na

2857
02:35:10,800 --> 02:35:11,680
DOF Undersecretary Karlo Fermin S. Adriano: revenue estimate.

2858
02:35:12,500 --> 02:35:14,840
Senator Joseph Victor "JV" G. Ejercito: Thank you. Senator Bongo,

2859
02:35:16,280 --> 02:35:16,900
Senator Joseph Victor "JV" G. Ejercito: you may want

2860
02:35:16,900 --> 02:35:18,920
Senator Joseph Victor "JV" G. Ejercito: to ask some questions?

2861
02:35:23,040 --> 02:35:24,820
Senator Christopher Lawrence T. Go: Magandang hapon po sa inyong

2862
02:35:24,820 --> 02:35:27,200
Senator Christopher Lawrence T. Go: lahat. Maybe later na lang po

2863
02:35:27,200 --> 02:35:28,840
Senator Christopher Lawrence T. Go: pasahin ko muna, Mr. Chair.

2864
02:35:29,020 --> 02:35:33,460
Senator Joseph Victor "JV" G. Ejercito: Just let me know,

2865
02:35:33,580 --> 02:35:34,840
Senator Joseph Victor "JV" G. Ejercito: Senator Padilla, Senator Bongo,

2866
02:35:35,120 --> 02:35:37,400
Senator Joseph Victor "JV" G. Ejercito: just in case you may interject

2867
02:35:37,400 --> 02:35:38,840
Senator Joseph Victor "JV" G. Ejercito: anytime.

2868
02:35:43,260 --> 02:35:44,760
Senator Joseph Victor "JV" G. Ejercito: We touched earlier

2869
02:35:44,760 --> 02:35:47,180
Senator Joseph Victor "JV" G. Ejercito: sa mga foreign

2870
02:35:47,180 --> 02:35:47,740
Senator Joseph Victor "JV" G. Ejercito: assisted.

2871
02:35:49,100 --> 02:35:50,660
Senator Joseph Victor "JV" G. Ejercito: Now that the North-South

2872
02:35:50,660 --> 02:35:52,880
Senator Joseph Victor "JV" G. Ejercito: Commuter Railway and Metro Manila Subway

2873
02:35:52,880 --> 02:35:54,720
Senator Joseph Victor "JV" G. Ejercito: system are now in full blast,

2874
02:35:55,040 --> 02:35:56,440
Senator Joseph Victor "JV" G. Ejercito: kasi ang DOF may kinalaman dyan,

2875
02:35:56,440 --> 02:35:58,500
Senator Joseph Victor "JV" G. Ejercito: kasi consider revenue naman,

2876
02:35:59,020 --> 02:35:59,700
Senator Joseph Victor "JV" G. Ejercito: anything with

2877
02:35:59,700 --> 02:36:01,940
Senator Joseph Victor "JV" G. Ejercito: loans?

2878
02:36:04,660 --> 02:36:05,260
Senator Joseph Victor "JV" G. Ejercito: Financing?

2879
02:36:05,380 --> 02:36:06,140
Senator Joseph Victor "JV" G. Ejercito: And then financing,

2880
02:36:06,360 --> 02:36:07,640
Senator Joseph Victor "JV" G. Ejercito: we are also

2881
02:36:07,640 --> 02:36:09,760
Senator Joseph Victor "JV" G. Ejercito: involved.

2882
02:36:10,760 --> 02:36:12,900
Senator Joseph Victor "JV" G. Ejercito: Just a question, kasi yung

2883
02:36:12,900 --> 02:36:15,080
Senator Joseph Victor "JV" G. Ejercito: Mindanao Railway Project

2884
02:36:15,080 --> 02:36:16,380
Senator Joseph Victor "JV" G. Ejercito: and the South Long Haul

2885
02:36:16,380 --> 02:36:19,320
Senator Joseph Victor "JV" G. Ejercito: did not

2886
02:36:19,320 --> 02:36:20,680
Senator Joseph Victor "JV" G. Ejercito: materialize, no?

2887
02:36:21,180 --> 02:36:23,020
Senator Joseph Victor "JV" G. Ejercito: I think it's the Exim Bank. China kasi

2888
02:36:23,020 --> 02:36:25,020
Senator Joseph Victor "JV" G. Ejercito: ito dapat eh. And it

2889
02:36:25,020 --> 02:36:25,720
Senator Joseph Victor "JV" G. Ejercito: was suspended.

2890
02:36:29,020 --> 02:36:31,460
Senator Joseph Victor "JV" G. Ejercito: It remained unfunded under the

2891
02:36:31,460 --> 02:36:33,180
Senator Joseph Victor "JV" G. Ejercito: proposed fiscal year 2027

2892
02:36:33,180 --> 02:36:35,360
Senator Joseph Victor "JV" G. Ejercito: budget of the DOTR, dahil nga

2893
02:36:35,360 --> 02:36:36,860
Senator Joseph Victor "JV" G. Ejercito: meron loan deadlock. But ang

2894
02:36:36,860 --> 02:36:39,260
Senator Joseph Victor "JV" G. Ejercito: ano ko lang dito, kasi sayang

2895
02:36:39,260 --> 02:36:41,560
Senator Joseph Victor "JV" G. Ejercito: naman yung studies, all the studies,

2896
02:36:41,740 --> 02:36:42,840
Senator Joseph Victor "JV" G. Ejercito: right-of-way monitoring,

2897
02:36:43,440 --> 02:36:44,560
Senator Joseph Victor "JV" G. Ejercito: if we do not fund

2898
02:36:44,560 --> 02:36:47,560
Senator Joseph Victor "JV" G. Ejercito: the project management

2899
02:36:47,560 --> 02:36:49,520
Senator Joseph Victor "JV" G. Ejercito: offices at least, kasi nasimulan

2900
02:36:49,520 --> 02:36:50,340
Senator Joseph Victor "JV" G. Ejercito: na ito eh. So,

2901
02:36:51,040 --> 02:36:53,120
Senator Joseph Victor "JV" G. Ejercito: ang question ko na currently, are there any

2902
02:36:53,120 --> 02:36:54,920
Senator Joseph Victor "JV" G. Ejercito: ongoing discussions with potential

2903
02:36:54,920 --> 02:36:57,500
Senator Joseph Victor "JV" G. Ejercito: investors and creditors

2904
02:36:57,500 --> 02:36:58,980
Senator Joseph Victor "JV" G. Ejercito: or is it

2905
02:36:58,980 --> 02:37:00,420
Senator Joseph Victor "JV" G. Ejercito: possible to secure full funding

2906
02:37:00,420 --> 02:37:01,580
Senator Joseph Victor "JV" G. Ejercito: anytime soon?

2907
02:37:05,080 --> 02:37:06,480
DOF Secretary Frederick D. Go: We, Mr. Chair,

2908
02:37:06,680 --> 02:37:08,560
DOF Secretary Frederick D. Go: we have a representative from the

2909
02:37:08,560 --> 02:37:10,500
DOF Secretary Frederick D. Go: finance group of DOF

2910
02:37:10,500 --> 02:37:13,000
DOF Secretary Frederick D. Go: but I think he stepped out

2911
02:37:13,000 --> 02:37:15,120
DOF Secretary Frederick D. Go: but we can ask

2912
02:37:15,120 --> 02:37:17,020
Senator Joseph Victor "JV" G. Ejercito: him to... Yusek Balbosa?

2913
02:37:17,300 --> 02:37:17,920
DOF Secretary Frederick D. Go: Yes, correct.

2914
02:37:19,060 --> 02:37:20,200
Senator Joseph Victor "JV" G. Ejercito: Okay, we just ask him

2915
02:37:20,200 --> 02:37:23,000
Senator Joseph Victor "JV" G. Ejercito: when he returns.

2916
02:37:25,540 --> 02:37:26,500
Senator Joseph Victor "JV" G. Ejercito: Ah, Yusek Balbosa,

2917
02:37:26,500 --> 02:37:28,500
Senator Joseph Victor "JV" G. Ejercito: with regards

2918
02:37:28,980 --> 02:37:31,120
Senator Joseph Victor "JV" G. Ejercito: to major railway

2919
02:37:31,120 --> 02:37:33,060
Senator Joseph Victor "JV" G. Ejercito: projects, the Mindanao Railway

2920
02:37:33,060 --> 02:37:34,980
Senator Joseph Victor "JV" G. Ejercito: Project and the South Long

2921
02:37:34,980 --> 02:37:37,080
Senator Joseph Victor "JV" G. Ejercito: Hole, though it was suspended,

2922
02:37:38,080 --> 02:37:38,840
Senator Joseph Victor "JV" G. Ejercito: it remained

2923
02:37:38,840 --> 02:37:40,660
Senator Joseph Victor "JV" G. Ejercito: unfunded

2924
02:37:40,660 --> 02:37:42,860
Senator Joseph Victor "JV" G. Ejercito: because of

2925
02:37:42,860 --> 02:37:44,420
Senator Joseph Victor "JV" G. Ejercito: loan deadlocks.

2926
02:37:44,700 --> 02:37:47,100
Senator Joseph Victor "JV" G. Ejercito: Are there any ongoing discussions with potential

2927
02:37:47,100 --> 02:37:48,480
Senator Joseph Victor "JV" G. Ejercito: investors or creditors

2928
02:37:48,480 --> 02:37:51,000
Senator Joseph Victor "JV" G. Ejercito: that would possibly

2929
02:37:51,000 --> 02:37:52,340
Senator Joseph Victor "JV" G. Ejercito: take over?

2930
02:37:53,780 --> 02:37:54,820
DOF Undersecretary Joven Z. Balbosa: Yeah, Mr. Chair,

2931
02:37:54,900 --> 02:37:57,020
DOF Undersecretary Joven Z. Balbosa: yes. And

2932
02:37:57,020 --> 02:37:58,920
DOF Undersecretary Joven Z. Balbosa: we are looking at,

2933
02:37:58,980 --> 02:38:01,080
DOF Undersecretary Joven Z. Balbosa: India, for example, interested in the rail

2934
02:38:01,080 --> 02:38:02,820
DOF Undersecretary Joven Z. Balbosa: and others

2935
02:38:02,820 --> 02:38:05,080
DOF Undersecretary Joven Z. Balbosa: supporting. We have also bilaterals

2936
02:38:05,080 --> 02:38:06,700
DOF Undersecretary Joven Z. Balbosa: interested to support

2937
02:38:06,700 --> 02:38:09,020
DOF Undersecretary Joven Z. Balbosa: the preparation or the updating

2938
02:38:09,020 --> 02:38:09,940
DOF Undersecretary Joven Z. Balbosa: of the

2939
02:38:09,940 --> 02:38:12,580
DOF Undersecretary Joven Z. Balbosa: project preparation for

2940
02:38:12,580 --> 02:38:14,400
DOF Undersecretary Joven Z. Balbosa: the railway for Mindanao.

2941
02:38:14,800 --> 02:38:16,800
DOF Undersecretary Joven Z. Balbosa: We are also working with the OTR

2942
02:38:16,800 --> 02:38:19,080
DOF Undersecretary Joven Z. Balbosa: po on

2943
02:38:19,080 --> 02:38:20,780
DOF Undersecretary Joven Z. Balbosa: other lines, improving...

2944
02:38:20,780 --> 02:38:22,420
Senator Joseph Victor "JV" G. Ejercito: Am I correct that during the

2945
02:38:22,420 --> 02:38:24,660
Senator Joseph Victor "JV" G. Ejercito: president's last visit in India, this was

2946
02:38:24,660 --> 02:38:26,580
Senator Joseph Victor "JV" G. Ejercito: also, you were...

2947
02:38:26,580 --> 02:38:28,860
Senator Joseph Victor "JV" G. Ejercito: The OTR said, the secretary said

2948
02:38:28,860 --> 02:38:30,840
Senator Joseph Victor "JV" G. Ejercito: that you were trying to

2949
02:38:30,840 --> 02:38:31,740
Senator Joseph Victor "JV" G. Ejercito: look for,

2950
02:38:32,520 --> 02:38:34,800
Senator Joseph Victor "JV" G. Ejercito: explore the possibility of them taking

2951
02:38:34,800 --> 02:38:37,000
Senator Joseph Victor "JV" G. Ejercito: over South Long Hole or the Mindanao Railway.

2952
02:38:37,260 --> 02:38:37,420
Senator Joseph Victor "JV" G. Ejercito: Yes.

2953
02:38:37,420 --> 02:38:37,560
Senator Joseph Victor "JV" G. Ejercito: Yes.

2954
02:38:39,240 --> 02:38:40,260
DOF Undersecretary Joven Z. Balbosa: It's part of the discussion.

2955
02:38:41,020 --> 02:38:43,040
Senator Joseph Victor "JV" G. Ejercito: Also, just to take note,

2956
02:38:43,240 --> 02:38:44,900
Senator Joseph Victor "JV" G. Ejercito: we had the chance to visit the

2957
02:38:44,900 --> 02:38:47,240
Senator Joseph Victor "JV" G. Ejercito: EU. I think what will be

2958
02:38:47,240 --> 02:38:48,640
Senator Joseph Victor "JV" G. Ejercito: easy to look for are

2959
02:38:48,640 --> 02:38:50,580
Senator Joseph Victor "JV" G. Ejercito: for the ones to

2960
02:38:50,580 --> 02:38:52,160
Senator Joseph Victor "JV" G. Ejercito: take over are

2961
02:38:52,160 --> 02:38:54,400
Senator Joseph Victor "JV" G. Ejercito: those that have

2962
02:38:54,400 --> 02:38:56,440
Senator Joseph Victor "JV" G. Ejercito: experience and yung mga

2963
02:38:56,440 --> 02:38:57,700
Senator Joseph Victor "JV" G. Ejercito: manufacturers.

2964
02:38:58,860 --> 02:39:00,840
Senator Joseph Victor "JV" G. Ejercito: Spain for one or

2965
02:39:00,840 --> 02:39:02,900
Senator Joseph Victor "JV" G. Ejercito: EU. We had the chance

2966
02:39:02,900 --> 02:39:03,980
Senator Joseph Victor "JV" G. Ejercito: to go to

2967
02:39:03,980 --> 02:39:06,640
Senator Joseph Victor "JV" G. Ejercito: Spain a few years ago with then

2968
02:39:06,640 --> 02:39:08,380
Senator Joseph Victor "JV" G. Ejercito: Senate President Big Sobiri and we had

2969
02:39:08,380 --> 02:39:09,760
Senator Joseph Victor "JV" G. Ejercito: we had

2970
02:39:09,760 --> 02:39:12,400
Senator Joseph Victor "JV" G. Ejercito: an audience

2971
02:39:12,400 --> 02:39:13,580
Senator Joseph Victor "JV" G. Ejercito: with the king.

2972
02:39:15,160 --> 02:39:16,100
Senator Joseph Victor "JV" G. Ejercito: King Philip

2973
02:39:16,100 --> 02:39:18,820
Senator Joseph Victor "JV" G. Ejercito: kausap namin and

2974
02:39:18,820 --> 02:39:20,500
Senator Joseph Victor "JV" G. Ejercito: they were interested really to

2975
02:39:20,500 --> 02:39:22,120
Senator Joseph Victor "JV" G. Ejercito: they're looking at the Philippines

2976
02:39:22,120 --> 02:39:24,540
Senator Joseph Victor "JV" G. Ejercito: for sentimental value kasi

2977
02:39:24,540 --> 02:39:26,860
Senator Joseph Victor "JV" G. Ejercito: dati tayong colony and at the same time

2978
02:39:26,860 --> 02:39:28,780
Senator Joseph Victor "JV" G. Ejercito: meron silang, of course, for their

2979
02:39:28,780 --> 02:39:31,140
Senator Joseph Victor "JV" G. Ejercito: business interest, meron silang

2980
02:39:31,140 --> 02:39:32,760
Senator Joseph Victor "JV" G. Ejercito: kafe. I think that's a manufacturer.

2981
02:39:33,620 --> 02:39:34,900
Senator Joseph Victor "JV" G. Ejercito: Locomotive manufacturer, train

2982
02:39:34,900 --> 02:39:36,820
Senator Joseph Victor "JV" G. Ejercito: manufacturer. So, ito yung mga

2983
02:39:36,820 --> 02:39:38,880
Senator Joseph Victor "JV" G. Ejercito: potential. So, Yusek Coven,

2984
02:39:39,160 --> 02:39:40,800
Senator Joseph Victor "JV" G. Ejercito: just for your info,

2985
02:39:41,500 --> 02:39:42,980
Senator Joseph Victor "JV" G. Ejercito: yung Spain might be or Korea

2986
02:39:42,980 --> 02:39:44,120
Senator Joseph Victor "JV" G. Ejercito: or ito sana. Kasi,

2987
02:39:44,760 --> 02:39:46,500
Senator Joseph Victor "JV" G. Ejercito: the more we delay, the more it's more

2988
02:39:46,500 --> 02:39:48,680
Senator Joseph Victor "JV" G. Ejercito: it gets expensive.

2989
02:39:49,060 --> 02:39:50,840
Senator Joseph Victor "JV" G. Ejercito: Diba? Dahil sa depreciation

2990
02:39:50,840 --> 02:39:52,720
Senator Joseph Victor "JV" G. Ejercito: and yung cost ng

2991
02:39:52,720 --> 02:39:54,760
Senator Joseph Victor "JV" G. Ejercito: land and all for the right of way.

2992
02:39:58,080 --> 02:39:58,760
Senator Joseph Victor "JV" G. Ejercito: I feel

2993
02:39:58,780 --> 02:39:59,420
Senator Joseph Victor "JV" G. Ejercito: yung mga questions.

2994
02:40:10,820 --> 02:40:24,820
Senator Joseph Victor "JV" G. Ejercito: Thank you.

2995
02:40:28,780 --> 02:40:44,940
Senator Joseph Victor "JV" G. Ejercito: Just like to ask, I don't know, with the PDIC restoration, does the DOF acknowledge a present policy or financial obligation to restore 107.23 billion taken from PDIC or only an obligation if ordered by the Supreme Court?

2996
02:40:47,540 --> 02:40:54,540
DOF Secretary Frederick D. Go: On PDIC, the DBM has included a 57.

2997
02:40:54,540 --> 02:41:01,260
Senator Joseph Victor "JV" G. Ejercito: Because it's included in the unprogrammed appropriations of the DBM.

2998
02:41:01,720 --> 02:41:05,100
DOF Secretary Frederick D. Go: That's right. It is in the unprogrammed appropriations, 57 billion.

2999
02:41:09,640 --> 02:41:11,420
Senator Joseph Victor "JV" G. Ejercito: Total is 107?

3000
02:41:11,780 --> 02:41:12,200
DOF Secretary Frederick D. Go: 110.

3001
02:41:14,200 --> 02:41:16,200
DOF Secretary Frederick D. Go: 107? Sorry, 107.

3002
02:41:16,340 --> 02:41:16,860
Senator Joseph Victor "JV" G. Ejercito: 107.

3003
02:41:24,540 --> 02:41:41,520
Senator Joseph Victor "JV" G. Ejercito: B.O.C., of course, Mr. Chairman of Finance, I'm concerned with the capital outlay as mentioned by SecDecGoc.

3004
02:41:42,360 --> 02:41:51,140
Senator Joseph Victor "JV" G. Ejercito: Most of the agency's departments have received cuts because of very limited fiscal space and elbow room, na limitado.

3005
02:41:51,140 --> 02:41:54,460
Senator Joseph Victor "JV" G. Ejercito: So for 2025-2026, how many shipments?

3006
02:41:54,540 --> 02:41:55,220
Senator Joseph Victor "JV" G. Ejercito: How many shipments were selected?

3007
02:42:00,280 --> 02:42:03,300
Senator Joseph Victor "JV" G. Ejercito: B.O.C.'s capital outlay is down by 25%.

3008
02:42:03,300 --> 02:42:06,880
Senator Joseph Victor "JV" G. Ejercito: What items are actually affected by this reduction?

3009
02:42:07,020 --> 02:42:13,520
Senator Joseph Victor "JV" G. Ejercito: How will this affect the maintenance and procurement of container x-ray scanners and high-volume ports in Manila?

3010
02:42:14,520 --> 02:42:15,960
Senator Joseph Victor "JV" G. Ejercito: At high-volume ports in Manila.

3011
02:42:16,680 --> 02:42:22,760
Senator Joseph Victor "JV" G. Ejercito: Ano ba kasama rito sa capital outlay that was affected ng budget cut natin?

3012
02:42:24,540 --> 02:42:34,700
BOC Commissioner Ariel F. Nepomuceno: Ang main concern po namin, Mr. Chair, yun pong supposedly bibili po tayo ng mga scanning machines.

3013
02:42:36,120 --> 02:42:43,080
BOC Commissioner Ariel F. Nepomuceno: We have existing machines but they need to be, of course, repaired and replaced some of them.

3014
02:42:43,680 --> 02:42:49,600
BOC Commissioner Ariel F. Nepomuceno: But this is the main item that has been slashed out from our budget.

3015
02:42:49,600 --> 02:42:54,520
BOC Commissioner Ariel F. Nepomuceno: But we have already included that in our list of priorities.

3016
02:42:54,540 --> 02:42:59,840
BOC Commissioner Ariel F. Nepomuceno: The request for the Senate and Congress to reconsider if this can be supported.

3017
02:43:00,080 --> 02:43:09,860
Senator Joseph Victor "JV" G. Ejercito: One of the reasons we have this budget here is yung mga agencies need to appeal to be prioritized or ma-reconsider.

3018
02:43:11,080 --> 02:43:13,200
Senator Joseph Victor "JV" G. Ejercito: What else from the scanners, let us know.

3019
02:43:13,940 --> 02:43:21,420
Senator Joseph Victor "JV" G. Ejercito: Sabi nga natin, because of the limited fiscal space, ano lang, in order of priority, ano yung nasa inyong wish list?

3020
02:43:21,420 --> 02:43:22,280
Senator Joseph Victor "JV" G. Ejercito: Kung baga, ayas.

3021
02:43:22,800 --> 02:43:24,520
BOC Commissioner Ariel F. Nepomuceno: Nag-lista po kami, Mr. Chair.

3022
02:43:24,540 --> 02:43:46,820
BOC Commissioner Ariel F. Nepomuceno: Nag-lista po kami, Mr. Chair, na sampu na sana po ma-reconsider yun po yung nabanggit kanina ni Secretary Frederick Goh na total of 10.14 billion kasama po yung number one, mga procurement po sa ICT, equipment, machinery, yung kagaya po ng x-ray machines.

3023
02:43:46,820 --> 02:43:51,160
BOC Commissioner Ariel F. Nepomuceno: And then yung iba po, kailangan po yung insurance expenses, machinery outlays.

3024
02:43:51,660 --> 02:43:54,520
BOC Commissioner Ariel F. Nepomuceno: At nagre-request din po kami sana ng at least tatlo pong

3025
02:43:54,520 --> 02:44:04,340
BOC Commissioner Ariel F. Nepomuceno: sea vessels. We already have existing sea vessels, pero sira po yung labing siyam po doon sa dalawampu.

3026
02:44:04,820 --> 02:44:16,500
BOC Commissioner Ariel F. Nepomuceno: So kailangan po namin bumili ng tatlo dahil lagi po napupuna po sa ngayon ang BOC kung bakit hindi po natin kayang hulihin yung mga smuggling attempts doon po sa karagatan.

3027
02:44:17,240 --> 02:44:21,500
BOC Commissioner Ariel F. Nepomuceno: Sa ngayon, umaasa lang po tayo, lalo na po sa era ng basulta, umaasa po tayo.

3028
02:44:21,640 --> 02:44:23,560
BOC Commissioner Ariel F. Nepomuceno: Tinutulungan naman po kami ng Philippine Navy.

3029
02:44:24,520 --> 02:44:25,780
BOC Commissioner Ariel F. Nepomuceno: At ang Philippine Coast Guard.

3030
02:44:25,920 --> 02:44:30,440
BOC Commissioner Ariel F. Nepomuceno: Subalit, meron din po silang sariling mandato na kailangan po nilang i-prioritize.

3031
02:44:31,920 --> 02:44:38,740
BOC Commissioner Ariel F. Nepomuceno: Kaya sana magkaroon po kami ng pagkakataon na itaguyod yung sarili naming kakayanan upang magawa po namin yung mission.

3032
02:44:39,120 --> 02:44:43,380
BOC Commissioner Ariel F. Nepomuceno: At pang lima, ganun po yung repair po ng amici vessels.

3033
02:44:43,960 --> 02:44:48,280
BOC Commissioner Ariel F. Nepomuceno: Pang pito, again, insurance expense para dito sa mga vessels na to.

3034
02:44:48,900 --> 02:44:53,780
BOC Commissioner Ariel F. Nepomuceno: At yung pang walo, yun na banggit namin po kanina, ng sarili po nating condemnation facility.

3035
02:44:54,520 --> 02:44:54,920
BOC Commissioner Ariel F. Nepomuceno: Sana.

3036
02:44:55,460 --> 02:45:00,000
BOC Commissioner Ariel F. Nepomuceno: At pang huli, yung mga ibang MOOE expenses para dito.

3037
02:45:00,000 --> 02:45:01,840
BOC Commissioner Ariel F. Nepomuceno: po sa condemnation activities.

3038
02:45:02,300 --> 02:45:03,480
BOC Commissioner Ariel F. Nepomuceno: Mahaba po yung lista po namin.

3039
02:45:03,740 --> 02:45:05,320
BOC Commissioner Ariel F. Nepomuceno: So, balit ito po sana yung

3040
02:45:05,320 --> 02:45:06,820
BOC Commissioner Ariel F. Nepomuceno: prioridad. Dahil from

3041
02:45:06,820 --> 02:45:08,700
BOC Commissioner Ariel F. Nepomuceno: 20, from an

3042
02:45:08,700 --> 02:45:10,620
BOC Commissioner Ariel F. Nepomuceno: original request of 29

3043
02:45:10,620 --> 02:45:12,900
BOC Commissioner Ariel F. Nepomuceno: billion, naging 5.9

3044
02:45:12,900 --> 02:45:14,980
BOC Commissioner Ariel F. Nepomuceno: billion po yung aming approved NEP.

3045
02:45:16,660 --> 02:45:17,260
BOC Commissioner Ariel F. Nepomuceno: Medyo

3046
02:45:17,260 --> 02:45:18,740
Senator Joseph Victor "JV" G. Ejercito: malayo po. 24 billion

3047
02:45:18,740 --> 02:45:19,280
Senator Joseph Victor "JV" G. Ejercito: ang variance.

3048
02:45:21,040 --> 02:45:22,680
Senator Joseph Victor "JV" G. Ejercito: Tanong ko lang ulit, any

3049
02:45:22,680 --> 02:45:24,720
Senator Joseph Victor "JV" G. Ejercito: update no? Kumari, I had the chance

3050
02:45:24,720 --> 02:45:26,400
Senator Joseph Victor "JV" G. Ejercito: to visit yung Port of Manila

3051
02:45:26,400 --> 02:45:27,360
Senator Joseph Victor "JV" G. Ejercito: few years ago.

3052
02:45:27,360 --> 02:45:30,460
Senator Joseph Victor "JV" G. Ejercito: Yung pala, yung nasunog yun, ano?

3053
02:45:30,780 --> 02:45:31,920
Senator Joseph Victor "JV" G. Ejercito: Yung main headquarters.

3054
02:45:32,360 --> 02:45:34,400
Senator Joseph Victor "JV" G. Ejercito: And you are, Port of Manila

3055
02:45:34,400 --> 02:45:35,840
Senator Joseph Victor "JV" G. Ejercito: is holding office in

3056
02:45:35,840 --> 02:45:37,500
Senator Joseph Victor "JV" G. Ejercito: temporary office.

3057
02:45:38,800 --> 02:45:40,380
Senator Joseph Victor "JV" G. Ejercito: Basketball court. Hanggang ngayon.

3058
02:45:41,060 --> 02:45:42,740
BOC Commissioner Ariel F. Nepomuceno: Oo. Galing po ako

3059
02:45:42,740 --> 02:45:44,720
BOC Commissioner Ariel F. Nepomuceno: ng Office of Civil Defense. Akala ko po

3060
02:45:44,720 --> 02:45:46,860
BOC Commissioner Ariel F. Nepomuceno: yung Port of Manila, evacuation center

3061
02:45:46,860 --> 02:45:48,700
BOC Commissioner Ariel F. Nepomuceno: din. Yung mga

3062
02:45:48,700 --> 02:45:50,580
BOC Commissioner Ariel F. Nepomuceno: kabli po, tuwing, hindi po

3063
02:45:50,580 --> 02:45:52,640
BOC Commissioner Ariel F. Nepomuceno: kailangan bumagyo. Tuwing nag-high

3064
02:45:52,640 --> 02:45:54,340
BOC Commissioner Ariel F. Nepomuceno: tide, delikado rin po yun.

3065
02:45:54,500 --> 02:45:56,720
BOC Commissioner Ariel F. Nepomuceno: We have to collect billions every day.

3066
02:45:56,720 --> 02:45:58,420
BOC Commissioner Ariel F. Nepomuceno: So once our operations

3067
02:45:58,420 --> 02:46:00,080
BOC Commissioner Ariel F. Nepomuceno: are affected by this

3068
02:46:00,080 --> 02:46:01,620
BOC Commissioner Ariel F. Nepomuceno: flooding.

3069
02:46:02,640 --> 02:46:03,520
Senator Joseph Victor "JV" G. Ejercito: That's near

3070
02:46:03,520 --> 02:46:06,260
Senator Joseph Victor "JV" G. Ejercito: malapit sa Manila, of course.

3071
02:46:06,380 --> 02:46:06,860
Senator Joseph Victor "JV" G. Ejercito: Nando kayo sa

3072
02:46:06,860 --> 02:46:09,240
Senator Joseph Victor "JV" G. Ejercito: Bay Area, no?

3073
02:46:10,140 --> 02:46:11,940
Senator Joseph Victor "JV" G. Ejercito: So pag nag-high tide, pumapasok sa loob.

3074
02:46:11,940 --> 02:46:12,400
BOC Commissioner Ariel F. Nepomuceno: Opo.

3075
02:46:13,980 --> 02:46:14,540
Senator Joseph Victor "JV" G. Ejercito: Danger.

3076
02:46:14,900 --> 02:46:18,740
Senator Joseph Victor "JV" G. Ejercito: That puts the equipment in danger.

3077
02:46:18,920 --> 02:46:19,680
Senator Joseph Victor "JV" G. Ejercito: Lalo na yung ating mga

3078
02:46:19,680 --> 02:46:22,060
Senator Joseph Victor "JV" G. Ejercito: records and all, di ba?

3079
02:46:22,300 --> 02:46:24,620
BOC Commissioner Ariel F. Nepomuceno: Tama po. Yung pong binabanggin nyo po

3080
02:46:24,620 --> 02:46:26,420
BOC Commissioner Ariel F. Nepomuceno: yung Port of Manila building na sunog na po.

3081
02:46:26,720 --> 02:46:29,480
BOC Commissioner Ariel F. Nepomuceno: So what we intend to do

3082
02:46:29,480 --> 02:46:31,240
BOC Commissioner Ariel F. Nepomuceno: is to, of course,

3083
02:46:31,500 --> 02:46:33,140
BOC Commissioner Ariel F. Nepomuceno: meron pong budget naman po doon

3084
02:46:33,140 --> 02:46:34,760
BOC Commissioner Ariel F. Nepomuceno: for this year, for the design

3085
02:46:34,760 --> 02:46:36,820
BOC Commissioner Ariel F. Nepomuceno: of the Port of Manila. Kaya lang po yung

3086
02:46:36,820 --> 02:46:39,120
BOC Commissioner Ariel F. Nepomuceno: kabuuan po yun, the entire complex of the

3087
02:46:39,120 --> 02:46:40,760
BOC Commissioner Ariel F. Nepomuceno: BOC, hindi po kasama.

3088
02:46:41,360 --> 02:46:41,600
BOC Commissioner Ariel F. Nepomuceno: So,

3089
02:46:41,900 --> 02:46:45,080
BOC Commissioner Ariel F. Nepomuceno: we are actually transferring

3090
02:46:45,080 --> 02:46:47,260
BOC Commissioner Ariel F. Nepomuceno: by leasing to another

3091
02:46:47,260 --> 02:46:49,240
BOC Commissioner Ariel F. Nepomuceno: area for the meantime, upang

3092
02:46:49,240 --> 02:46:51,260
BOC Commissioner Ariel F. Nepomuceno: magawa po yung disenyo at masimulan po

3093
02:46:51,260 --> 02:46:52,820
BOC Commissioner Ariel F. Nepomuceno: yung construction ito. Pero

3094
02:46:52,820 --> 02:46:54,740
BOC Commissioner Ariel F. Nepomuceno: 2028 na po probably yung

3095
02:46:54,740 --> 02:46:56,560
BOC Commissioner Ariel F. Nepomuceno: construction. So what we can

3096
02:46:56,560 --> 02:46:58,560
BOC Commissioner Ariel F. Nepomuceno: do with our budget,

3097
02:46:58,800 --> 02:47:00,880
BOC Commissioner Ariel F. Nepomuceno: meron pong budget for 2026

3098
02:47:00,880 --> 02:47:02,640
BOC Commissioner Ariel F. Nepomuceno: which we can use to design

3099
02:47:02,640 --> 02:47:04,420
BOC Commissioner Ariel F. Nepomuceno: po yung Port of Manila offices.

3100
02:47:08,040 --> 02:47:09,060
Senator Joseph Victor "JV" G. Ejercito: Ito lang, meron

3101
02:47:09,060 --> 02:47:09,580
Senator Joseph Victor "JV" G. Ejercito: ng tanong.

3102
02:47:11,480 --> 02:47:12,960
Senator Joseph Victor "JV" G. Ejercito: Ito, on failed fuel

3103
02:47:12,960 --> 02:47:15,140
Senator Joseph Victor "JV" G. Ejercito: marking confirmatory test

3104
02:47:15,140 --> 02:47:17,020
Senator Joseph Victor "JV" G. Ejercito: under the BIR and BOC Joint Operations

3105
02:47:17,020 --> 02:47:18,560
Senator Joseph Victor "JV" G. Ejercito: Report this September 26,

3106
02:47:19,500 --> 02:47:21,040
Senator Joseph Victor "JV" G. Ejercito: it revealed that out

3107
02:47:21,040 --> 02:47:23,320
Senator Joseph Victor "JV" G. Ejercito: of the 421 fuel stations

3108
02:47:23,320 --> 02:47:25,100
Senator Joseph Victor "JV" G. Ejercito: inspected nationwide, 164

3109
02:47:25,100 --> 02:47:27,660
Senator Joseph Victor "JV" G. Ejercito: stations nearly, 39%

3110
02:47:27,660 --> 02:47:29,300
Senator Joseph Victor "JV" G. Ejercito: failed confirmatory

3111
02:47:29,300 --> 02:47:31,320
Senator Joseph Victor "JV" G. Ejercito: testing for unmarked

3112
02:47:31,320 --> 02:47:32,480
Senator Joseph Victor "JV" G. Ejercito: or illicit fuel.

3113
02:47:33,320 --> 02:47:35,200
Senator Joseph Victor "JV" G. Ejercito: So, how are

3114
02:47:35,200 --> 02:47:37,020
Senator Joseph Victor "JV" G. Ejercito: these, question, how

3115
02:47:37,020 --> 02:47:38,940
Senator Joseph Victor "JV" G. Ejercito: are these millions of liters of

3116
02:47:38,940 --> 02:47:40,560
Senator Joseph Victor "JV" G. Ejercito: tax-evaded fuel bypassing

3117
02:47:40,560 --> 02:47:42,740
Senator Joseph Victor "JV" G. Ejercito: our port of entry without

3118
02:47:42,740 --> 02:47:45,020
Senator Joseph Victor "JV" G. Ejercito: detection? So, ito ang isa sa mga ano ngayon,

3119
02:47:45,120 --> 02:47:46,620
Senator Joseph Victor "JV" G. Ejercito: yung fuel smuggling.

3120
02:47:47,580 --> 02:47:49,120
Senator Joseph Victor "JV" G. Ejercito: Yan, ang tanong

3121
02:47:49,120 --> 02:47:51,040
Senator Joseph Victor "JV" G. Ejercito: lang, how are these millions

3122
02:47:51,040 --> 02:47:53,280
Senator Joseph Victor "JV" G. Ejercito: of liters tax-evaded fuel bypassing

3123
02:47:53,280 --> 02:47:54,880
Senator Joseph Victor "JV" G. Ejercito: our port without detection?

3124
02:47:55,100 --> 02:47:56,600
Senator Joseph Victor "JV" G. Ejercito: Ano bang challenges?

3125
02:47:56,860 --> 02:47:58,980
Senator Joseph Victor "JV" G. Ejercito: Kulang ba sa kagamitan? Vessels?

3126
02:47:59,700 --> 02:48:01,340
BOC Commissioner Ariel F. Nepomuceno: Ganun na po, Mr. Chair.

3127
02:48:01,500 --> 02:48:02,540
BOC Commissioner Ariel F. Nepomuceno: Thank you po sa tanong.

3128
02:48:02,980 --> 02:48:04,600
BOC Commissioner Ariel F. Nepomuceno: Pag po pumasok ang mga

3129
02:48:04,600 --> 02:48:07,400
BOC Commissioner Ariel F. Nepomuceno: imported petroleum products

3130
02:48:07,400 --> 02:48:08,700
BOC Commissioner Ariel F. Nepomuceno: sa ating international ports,

3131
02:48:09,220 --> 02:48:10,780
BOC Commissioner Ariel F. Nepomuceno: yan po kaya po nating bantayan

3132
02:48:10,780 --> 02:48:13,380
BOC Commissioner Ariel F. Nepomuceno: dahil may mga tauhan naman po

3133
02:48:13,380 --> 02:48:14,800
BOC Commissioner Ariel F. Nepomuceno: tayo doon. Ang malaking

3134
02:48:14,800 --> 02:48:16,980
BOC Commissioner Ariel F. Nepomuceno: suliranin po natin ay yun pong

3135
02:48:16,980 --> 02:48:18,960
BOC Commissioner Ariel F. Nepomuceno: tinatawag po na paihi sa

3136
02:48:18,960 --> 02:48:21,200
BOC Commissioner Ariel F. Nepomuceno: Karagatanan. Of course,

3137
02:48:21,920 --> 02:48:23,160
BOC Commissioner Ariel F. Nepomuceno: we have to admit

3138
02:48:23,160 --> 02:48:24,580
BOC Commissioner Ariel F. Nepomuceno: that the BOC right now,

3139
02:48:25,100 --> 02:48:27,140
BOC Commissioner Ariel F. Nepomuceno: we don't have the capability to do that.

3140
02:48:27,260 --> 02:48:28,940
BOC Commissioner Ariel F. Nepomuceno: Exactly, this is the reason why we are

3141
02:48:28,940 --> 02:48:30,880
BOC Commissioner Ariel F. Nepomuceno: requesting to build our own

3142
02:48:30,880 --> 02:48:32,920
BOC Commissioner Ariel F. Nepomuceno: maritime capability and build

3143
02:48:32,920 --> 02:48:33,860
BOC Commissioner Ariel F. Nepomuceno: our

3144
02:48:33,860 --> 02:48:36,860
BOC Commissioner Ariel F. Nepomuceno: again, capability

3145
02:48:36,860 --> 02:48:38,200
BOC Commissioner Ariel F. Nepomuceno: to apprehend

3146
02:48:38,200 --> 02:48:40,760
BOC Commissioner Ariel F. Nepomuceno: smuggling being done in the

3147
02:48:40,760 --> 02:48:43,460
BOC Commissioner Ariel F. Nepomuceno: high seas. Hindi lang po

3148
02:48:43,460 --> 02:48:45,100
BOC Commissioner Ariel F. Nepomuceno: gasolina ang nangyari

3149
02:48:45,100 --> 02:48:46,860
BOC Commissioner Ariel F. Nepomuceno: sa high seas, kasama po

3150
02:48:46,860 --> 02:48:48,660
BOC Commissioner Ariel F. Nepomuceno: dyan ang sigarilyo at actually

3151
02:48:48,660 --> 02:48:50,120
BOC Commissioner Ariel F. Nepomuceno: even illegal drugs.

3152
02:48:50,840 --> 02:48:52,760
Senator Joseph Victor "JV" G. Ejercito: So, that's the reason why you're

3153
02:48:52,760 --> 02:48:55,060
Senator Joseph Victor "JV" G. Ejercito: sa capital outlay kasama yung acquisition?

3154
02:48:55,100 --> 02:48:55,920
Senator Joseph Victor "JV" G. Ejercito: Or you're aware of

3155
02:48:55,920 --> 02:48:59,400
Senator Joseph Victor "JV" G. Ejercito: vessels? Ilang vessels po ba

3156
02:48:59,400 --> 02:49:00,520
Senator Joseph Victor "JV" G. Ejercito: pinag-uusapan natin?

3157
02:49:00,840 --> 02:49:03,100
BOC Commissioner Ariel F. Nepomuceno: Sa unang request po namin, tatlo po

3158
02:49:03,100 --> 02:49:04,980
BOC Commissioner Ariel F. Nepomuceno: muna dahil meron naman pong labing

3159
02:49:04,980 --> 02:49:06,580
BOC Commissioner Ariel F. Nepomuceno: siyam na pwede po nating i-repair.

3160
02:49:07,000 --> 02:49:09,000
BOC Commissioner Ariel F. Nepomuceno: And the repair cost is included with the

3161
02:49:09,000 --> 02:49:10,760
BOC Commissioner Ariel F. Nepomuceno: amount already mentioned by

3162
02:49:10,760 --> 02:49:12,760
BOC Commissioner Ariel F. Nepomuceno: Secretary Fredrick Goh earlier, doon po sa

3163
02:49:12,760 --> 02:49:15,100
BOC Commissioner Ariel F. Nepomuceno: 10 billion. Kasama na po

3164
02:49:15,100 --> 02:49:16,560
BOC Commissioner Ariel F. Nepomuceno: yung repair. But of course,

3165
02:49:18,220 --> 02:49:19,000
BOC Commissioner Ariel F. Nepomuceno: ano lang po,

3166
02:49:19,100 --> 02:49:21,140
BOC Commissioner Ariel F. Nepomuceno: initial capability build-up

3167
02:49:21,140 --> 02:49:23,220
BOC Commissioner Ariel F. Nepomuceno: lang to. We are now

3168
02:49:23,220 --> 02:49:25,060
BOC Commissioner Ariel F. Nepomuceno: being,

3169
02:49:25,100 --> 02:49:26,920
BOC Commissioner Ariel F. Nepomuceno: being assisted by the Philippine Coast Guard

3170
02:49:26,920 --> 02:49:29,320
BOC Commissioner Ariel F. Nepomuceno: on how to design the entire

3171
02:49:29,320 --> 02:49:30,960
BOC Commissioner Ariel F. Nepomuceno: system. Hindi lang po kasi to see

3172
02:49:30,960 --> 02:49:33,220
BOC Commissioner Ariel F. Nepomuceno: vessels. We have to have our own

3173
02:49:33,220 --> 02:49:34,660
BOC Commissioner Ariel F. Nepomuceno: repair capability

3174
02:49:34,660 --> 02:49:37,060
BOC Commissioner Ariel F. Nepomuceno: and even the staffing pattern po

3175
02:49:37,060 --> 02:49:38,400
BOC Commissioner Ariel F. Nepomuceno: yung organization to man

3176
02:49:38,400 --> 02:49:40,940
BOC Commissioner Ariel F. Nepomuceno: and manage this organization

3177
02:49:40,940 --> 02:49:42,920
BOC Commissioner Ariel F. Nepomuceno: should be really

3178
02:49:42,920 --> 02:49:45,060
Senator Joseph Victor "JV" G. Ejercito: effective. Meron pa kayong unit na

3179
02:49:45,060 --> 02:49:45,920
Senator Joseph Victor "JV" G. Ejercito: ganun para sa

3180
02:49:45,920 --> 02:49:49,240
Senator Joseph Victor "JV" G. Ejercito: pag-maintain and operate

3181
02:49:49,240 --> 02:49:50,200
Senator Joseph Victor "JV" G. Ejercito: na vessels?

3182
02:49:50,200 --> 02:49:50,740
BOC Commissioner Ariel F. Nepomuceno: Meron po.

3183
02:49:51,800 --> 02:49:53,020
BOC Commissioner Ariel F. Nepomuceno: The big picture po,

3184
02:49:53,020 --> 02:49:54,460
BOC Commissioner Ariel F. Nepomuceno: Mr. Chair, the answer is yes.

3185
02:49:55,100 --> 02:49:57,160
BOC Commissioner Ariel F. Nepomuceno: Meron po kaming Water Patrol

3186
02:49:57,160 --> 02:49:59,360
BOC Commissioner Ariel F. Nepomuceno: Division. Sa pangalan

3187
02:49:59,360 --> 02:50:01,200
BOC Commissioner Ariel F. Nepomuceno: pa lang po, alam nyo mong maliit na,

3188
02:50:01,380 --> 02:50:03,020
BOC Commissioner Ariel F. Nepomuceno: di ba? But the

3189
02:50:03,020 --> 02:50:05,420
BOC Commissioner Ariel F. Nepomuceno: mission is bigger

3190
02:50:05,420 --> 02:50:06,960
BOC Commissioner Ariel F. Nepomuceno: than our existing organization.

3191
02:50:07,100 --> 02:50:08,460
Senator Joseph Victor "JV" G. Ejercito: Probably, we're losing, ano,

3192
02:50:08,740 --> 02:50:10,700
Senator Joseph Victor "JV" G. Ejercito: probably millions here doon sa

3193
02:50:10,700 --> 02:50:12,180
Senator Joseph Victor "JV" G. Ejercito: paihi na sinasabi nyo.

3194
02:50:12,260 --> 02:50:15,060
Senator Joseph Victor "JV" G. Ejercito: Pag may tanker, didikit

3195
02:50:15,060 --> 02:50:16,620
Senator Joseph Victor "JV" G. Ejercito: isa pang mas maliit na tanker, no?

3196
02:50:17,400 --> 02:50:19,200
Senator Joseph Victor "JV" G. Ejercito: From our information, medyo

3197
02:50:19,200 --> 02:50:21,420
Senator Joseph Victor "JV" G. Ejercito: malaking negosyo ito.

3198
02:50:21,500 --> 02:50:23,380
Senator Joseph Victor "JV" G. Ejercito: Malaking itong paihi na ito.

3199
02:50:23,700 --> 02:50:25,060
BOC Commissioner Ariel F. Nepomuceno: Actually, Mr.

3200
02:50:25,100 --> 02:50:26,560
BOC Commissioner Ariel F. Nepomuceno: Chair, to appreciate,

3201
02:50:27,380 --> 02:50:28,900
BOC Commissioner Ariel F. Nepomuceno: sometimes nakikita po namin

3202
02:50:28,900 --> 02:50:30,400
BOC Commissioner Ariel F. Nepomuceno: because we have subscribed

3203
02:50:30,400 --> 02:50:31,560
BOC Commissioner Ariel F. Nepomuceno: to

3204
02:50:31,560 --> 02:50:35,040
BOC Commissioner Ariel F. Nepomuceno: monitoring systems wherein we can

3205
02:50:35,040 --> 02:50:37,080
BOC Commissioner Ariel F. Nepomuceno: see the hundreds

3206
02:50:37,080 --> 02:50:38,540
BOC Commissioner Ariel F. Nepomuceno: of ships within our

3207
02:50:38,540 --> 02:50:40,680
BOC Commissioner Ariel F. Nepomuceno: Philippine area of responsibility.

3208
02:50:42,260 --> 02:50:43,400
BOC Commissioner Ariel F. Nepomuceno: Makikita nyo po yan,

3209
02:50:43,520 --> 02:50:44,840
BOC Commissioner Ariel F. Nepomuceno: konting detaly po.

3210
02:50:44,940 --> 02:50:47,200
BOC Commissioner Ariel F. Nepomuceno: Pag bumagal yung barko ng 3 knots,

3211
02:50:47,980 --> 02:50:49,040
BOC Commissioner Ariel F. Nepomuceno: ang takbo lang po niyan

3212
02:50:49,040 --> 02:50:50,960
BOC Commissioner Ariel F. Nepomuceno: sa high seas, alam na po namin

3213
02:50:50,960 --> 02:50:51,900
BOC Commissioner Ariel F. Nepomuceno: may didikit doon.

3214
02:50:52,420 --> 02:50:54,620
BOC Commissioner Ariel F. Nepomuceno: But bigla pong mawawal.

3215
02:50:55,100 --> 02:50:56,900
Senator Joseph Victor "JV" G. Ejercito: Wala silang

3216
02:50:56,900 --> 02:50:57,960
BOC Commissioner Ariel F. Nepomuceno: transponder.

3217
02:50:58,100 --> 02:50:59,980
BOC Commissioner Ariel F. Nepomuceno: Madidikit po, pinapatay po nilang

3218
02:50:59,980 --> 02:51:00,720
BOC Commissioner Ariel F. Nepomuceno: transponder.

3219
02:51:01,520 --> 02:51:04,400
BOC Commissioner Ariel F. Nepomuceno: Hindi naman po pwedeng lumangoy po

3220
02:51:04,400 --> 02:51:05,500
BOC Commissioner Ariel F. Nepomuceno: ang ating mga tauan lang.

3221
02:51:06,180 --> 02:51:07,780
BOC Commissioner Ariel F. Nepomuceno: We have to have that capability

3222
02:51:07,780 --> 02:51:08,740
BOC Commissioner Ariel F. Nepomuceno: for the long term.

3223
02:51:11,000 --> 02:51:12,480
Senator Joseph Victor "JV" G. Ejercito: Receive information, talaga

3224
02:51:12,480 --> 02:51:13,580
Senator Joseph Victor "JV" G. Ejercito: malaking negosyo itong

3225
02:51:13,580 --> 02:51:15,160
Senator Joseph Victor "JV" G. Ejercito: paihi.

3226
02:51:15,860 --> 02:51:18,600
Senator Joseph Victor "JV" G. Ejercito: Pero I think it's just the lack of

3227
02:51:18,600 --> 02:51:20,100
Senator Joseph Victor "JV" G. Ejercito: equipment or vessels.

3228
02:51:22,220 --> 02:51:23,480
Senator Joseph Victor "JV" G. Ejercito: So wala tayo.

3229
02:51:23,480 --> 02:51:24,980
Senator Joseph Victor "JV" G. Ejercito: You don't think there's

3230
02:51:24,980 --> 02:51:26,240
Senator Joseph Victor "JV" G. Ejercito: any custom officials

3231
02:51:26,240 --> 02:51:27,480
Senator Joseph Victor "JV" G. Ejercito: that are involved here?

3232
02:51:27,820 --> 02:51:28,380
Senator Joseph Victor "JV" G. Ejercito: O meron din?

3233
02:51:28,440 --> 02:51:29,480
Senator Joseph Victor "JV" G. Ejercito: Kung meron man, meron bang

3234
02:51:29,480 --> 02:51:32,700
Senator Joseph Victor "JV" G. Ejercito: naparosahan na dito sa fuel smuggling?

3235
02:51:33,600 --> 02:51:34,480
BOC Commissioner Ariel F. Nepomuceno: Wala pa po.

3236
02:51:34,840 --> 02:51:36,620
BOC Commissioner Ariel F. Nepomuceno: So ako po bilang pinuno po ng

3237
02:51:36,620 --> 02:51:39,260
BOC Commissioner Ariel F. Nepomuceno: BOC,

3238
02:51:39,600 --> 02:51:41,020
BOC Commissioner Ariel F. Nepomuceno: while I fully trust

3239
02:51:41,020 --> 02:51:42,720
BOC Commissioner Ariel F. Nepomuceno: our own people, of course,

3240
02:51:43,180 --> 02:51:44,940
BOC Commissioner Ariel F. Nepomuceno: my presumption always is

3241
02:51:44,940 --> 02:51:46,660
BOC Commissioner Ariel F. Nepomuceno: maaring merong involved.

3242
02:51:47,280 --> 02:51:48,900
BOC Commissioner Ariel F. Nepomuceno: I cannot just sit down

3243
02:51:48,900 --> 02:51:50,100
BOC Commissioner Ariel F. Nepomuceno: and just trust and then

3244
02:51:50,100 --> 02:51:53,080
BOC Commissioner Ariel F. Nepomuceno: laging po kaming nagbabantay

3245
02:51:53,080 --> 02:51:54,440
BOC Commissioner Ariel F. Nepomuceno: sa aming mga kasamahan.

3246
02:51:54,980 --> 02:51:55,960
BOC Commissioner Ariel F. Nepomuceno: Along with the other agencies.

3247
02:51:56,140 --> 02:51:58,240
BOC Commissioner Ariel F. Nepomuceno: We welcome the other agencies

3248
02:51:58,240 --> 02:52:01,100
BOC Commissioner Ariel F. Nepomuceno: being involved in apprehending

3249
02:52:01,100 --> 02:52:03,320
BOC Commissioner Ariel F. Nepomuceno: smuggled importations.

3250
02:52:05,900 --> 02:52:08,060
Senator Joseph Victor "JV" G. Ejercito: Senator Bong Go would like to ask questions.

3251
02:52:08,140 --> 02:52:08,860
Senator Christopher Lawrence T. Go: Singit lang po ako.

3252
02:52:09,800 --> 02:52:11,560
Senator Christopher Lawrence T. Go: Tanong ko lang po, Commissioner,

3253
02:52:11,740 --> 02:52:14,620
Senator Christopher Lawrence T. Go: yung mga vehicles na nahuhuli ninyo,

3254
02:52:14,740 --> 02:52:15,820
Senator Christopher Lawrence T. Go: yung mga imported vehicles,

3255
02:52:16,600 --> 02:52:17,540
Senator Christopher Lawrence T. Go: anong ginagawa nyo ngayon

3256
02:52:17,540 --> 02:52:18,600
Senator Christopher Lawrence T. Go: in auction ninyo?

3257
02:52:19,780 --> 02:52:21,600
Senator Christopher Lawrence T. Go: Maalala ko nung time ni

3258
02:52:21,600 --> 02:52:22,780
Senator Christopher Lawrence T. Go: former President Duterte,

3259
02:52:22,940 --> 02:52:24,440
Senator Christopher Lawrence T. Go: meron mga winasak po.

3260
02:52:24,980 --> 02:52:25,860
Senator Christopher Lawrence T. Go: Bak, sinagasaan.

3261
02:52:26,560 --> 02:52:28,280
Senator Christopher Lawrence T. Go: Anong ginagawa nyo po ngayon

3262
02:52:28,280 --> 02:52:29,080
Senator Christopher Lawrence T. Go: sa mga nahuli?

3263
02:52:29,340 --> 02:52:31,940
Senator Christopher Lawrence T. Go: Anong period na binibigay nyo sa kanila?

3264
02:52:32,800 --> 02:52:34,640
Senator Christopher Lawrence T. Go: Or for auction na ho ba ito?

3265
02:52:35,080 --> 02:52:37,260
Senator Christopher Lawrence T. Go: Additional revenues sa gobyerno?

3266
02:52:37,500 --> 02:52:39,800
Senator Christopher Lawrence T. Go: Anong pinagkaiba noon at sa ngayon po?

3267
02:52:40,100 --> 02:52:42,780
BOC Commissioner Ariel F. Nepomuceno: Ang pulisiya ko po

3268
02:52:42,780 --> 02:52:43,680
BOC Commissioner Ariel F. Nepomuceno: bilang Commissioner,

3269
02:52:44,420 --> 02:52:46,380
BOC Commissioner Ariel F. Nepomuceno: ay i-auction po ito.

3270
02:52:46,440 --> 02:52:47,660
BOC Commissioner Ariel F. Nepomuceno: Dahil sayang naman po yung

3271
02:52:47,660 --> 02:52:49,340
BOC Commissioner Ariel F. Nepomuceno: pwede nating malikom na pondo,

3272
02:52:49,460 --> 02:52:51,900
BOC Commissioner Ariel F. Nepomuceno: pwede magamit po sa mga programa ng pamahalaan.

3273
02:52:52,560 --> 02:52:54,820
BOC Commissioner Ariel F. Nepomuceno: There are three valid options po.

3274
02:52:54,980 --> 02:52:55,920
BOC Commissioner Ariel F. Nepomuceno: Number one,

3275
02:52:56,100 --> 02:52:56,520
BOC Commissioner Ariel F. Nepomuceno: masakin.

3276
02:52:57,220 --> 02:52:58,260
BOC Commissioner Ariel F. Nepomuceno: Bilang Commissioner po,

3277
02:52:58,380 --> 02:53:00,260
BOC Commissioner Ariel F. Nepomuceno: hindi ko po ito gagawin.

3278
02:53:00,700 --> 02:53:02,260
BOC Commissioner Ariel F. Nepomuceno: Unless utusan po ako ng

3279
02:53:02,260 --> 02:53:03,360
BOC Commissioner Ariel F. Nepomuceno: mas mataas po sa akin.

3280
02:53:03,740 --> 02:53:05,500
BOC Commissioner Ariel F. Nepomuceno: But I prefer not to do that.

3281
02:53:05,600 --> 02:53:06,100
BOC Commissioner Ariel F. Nepomuceno: Pangalawa po,

3282
02:53:06,240 --> 02:53:07,400
BOC Commissioner Ariel F. Nepomuceno: pwede po namin by law

3283
02:53:07,400 --> 02:53:10,180
BOC Commissioner Ariel F. Nepomuceno: to donate this to other government agencies.

3284
02:53:10,360 --> 02:53:10,880
BOC Commissioner Ariel F. Nepomuceno: Kaya lang po,

3285
02:53:11,300 --> 02:53:13,300
BOC Commissioner Ariel F. Nepomuceno: kapag mga luxury or high-end vehicles,

3286
02:53:13,460 --> 02:53:14,560
BOC Commissioner Ariel F. Nepomuceno: hindi po naman magandang

3287
02:53:14,560 --> 02:53:16,400
BOC Commissioner Ariel F. Nepomuceno: gamitin po ito ng mga

3288
02:53:16,400 --> 02:53:17,780
BOC Commissioner Ariel F. Nepomuceno: opisyal po ng pamahalaan.

3289
02:53:18,120 --> 02:53:19,620
BOC Commissioner Ariel F. Nepomuceno: Kaya nandun lang po ako sa pangatlo.

3290
02:53:20,060 --> 02:53:21,220
BOC Commissioner Ariel F. Nepomuceno: Na ito po ay i-auction

3291
02:53:21,220 --> 02:53:24,460
BOC Commissioner Ariel F. Nepomuceno: and I assure the committee that

3292
02:53:24,460 --> 02:53:26,960
BOC Commissioner Ariel F. Nepomuceno: our auction will definitely be

3293
02:53:26,960 --> 02:53:28,920
BOC Commissioner Ariel F. Nepomuceno: competitive and transparent po.

3294
02:53:29,320 --> 02:53:31,220
BOC Commissioner Ariel F. Nepomuceno: Tuwing po meron kaming auction yung bidding,

3295
02:53:31,760 --> 02:53:33,560
BOC Commissioner Ariel F. Nepomuceno: yan po ay napapanood live po sa

3296
02:53:33,560 --> 02:53:35,500
BOC Commissioner Ariel F. Nepomuceno: YouTube or Facebook.

3297
02:53:35,940 --> 02:53:37,180
BOC Commissioner Ariel F. Nepomuceno: At talagang competitive po yan.

3298
02:53:37,240 --> 02:53:39,380
BOC Commissioner Ariel F. Nepomuceno: This is the reason why we were able to generate

3299
02:53:39,380 --> 02:53:41,440
BOC Commissioner Ariel F. Nepomuceno: funds. Right now, nasa

3300
02:53:41,440 --> 02:53:43,260
BOC Commissioner Ariel F. Nepomuceno: almost half billion na po yung

3301
02:53:43,260 --> 02:53:45,160
BOC Commissioner Ariel F. Nepomuceno: kinita po ng bansa

3302
02:53:45,160 --> 02:53:46,820
BOC Commissioner Ariel F. Nepomuceno: with our auctions. Yung mga

3303
02:53:46,820 --> 02:53:48,680
BOC Commissioner Ariel F. Nepomuceno: high-profile

3304
02:53:48,680 --> 02:53:51,560
BOC Commissioner Ariel F. Nepomuceno: luxury vehicles that we were

3305
02:53:51,560 --> 02:53:53,560
BOC Commissioner Ariel F. Nepomuceno: able to seize. Those vehicles

3306
02:53:53,560 --> 02:53:54,420
BOC Commissioner Ariel F. Nepomuceno: that were

3307
02:53:54,460 --> 02:53:56,000
BOC Commissioner Ariel F. Nepomuceno: procured illegally

3308
02:53:56,000 --> 02:53:58,160
BOC Commissioner Ariel F. Nepomuceno: dun po sa construction issues

3309
02:53:58,160 --> 02:53:59,520
BOC Commissioner Ariel F. Nepomuceno: na ongoing po.

3310
02:54:00,120 --> 02:54:01,600
Senator Christopher Lawrence T. Go: Maring nung panahon,

3311
02:54:01,960 --> 02:54:03,900
Senator Christopher Lawrence T. Go: former President Duterte, nagawa rin po

3312
02:54:03,900 --> 02:54:06,000
Senator Christopher Lawrence T. Go: niya yun, no? Dahil

3313
02:54:06,000 --> 02:54:08,140
Senator Christopher Lawrence T. Go: siguro warning yun sa mga

3314
02:54:08,140 --> 02:54:10,020
Senator Christopher Lawrence T. Go: sa mga

3315
02:54:10,020 --> 02:54:12,060
Senator Christopher Lawrence T. Go: nag-smuggle, sa mga

3316
02:54:12,060 --> 02:54:13,300
Senator Christopher Lawrence T. Go: illegal smugglers.

3317
02:54:15,040 --> 02:54:15,920
Senator Christopher Lawrence T. Go: Magkano na pong

3318
02:54:15,920 --> 02:54:17,700
Senator Christopher Lawrence T. Go: na-generate nyo rito sa mga auctions?

3319
02:54:21,080 --> 02:54:22,100
BOC Commissioner Ariel F. Nepomuceno: Ibibigay ko po yung

3320
02:54:22,100 --> 02:54:24,020
BOC Commissioner Ariel F. Nepomuceno: exacto, but almost 500 million

3321
02:54:24,020 --> 02:54:24,420
BOC Commissioner Ariel F. Nepomuceno: na po yun.

3322
02:54:24,460 --> 02:54:25,960
BOC Commissioner Ariel F. Nepomuceno: At meron pa po kami nakapila

3323
02:54:25,960 --> 02:54:27,660
BOC Commissioner Ariel F. Nepomuceno: na another

3324
02:54:27,660 --> 02:54:30,300
BOC Commissioner Ariel F. Nepomuceno: potential 500 million po.

3325
02:54:30,800 --> 02:54:32,680
BOC Commissioner Ariel F. Nepomuceno: Dun po sa luxury vehicles.

3326
02:54:33,200 --> 02:54:34,200
BOC Commissioner Ariel F. Nepomuceno: Pero marami pa po

3327
02:54:34,200 --> 02:54:36,100
BOC Commissioner Ariel F. Nepomuceno: na hindi naman po high-end vehicles

3328
02:54:36,100 --> 02:54:37,340
BOC Commissioner Ariel F. Nepomuceno: na i-auction din po namin.

3329
02:54:38,540 --> 02:54:40,340
Senator Christopher Lawrence T. Go: Lately po, marami po akong

3330
02:54:40,340 --> 02:54:42,180
Senator Christopher Lawrence T. Go: narinig na sa inyong

3331
02:54:42,180 --> 02:54:43,580
Senator Christopher Lawrence T. Go: magandang performance

3332
02:54:43,580 --> 02:54:45,840
Senator Christopher Lawrence T. Go: sa BOC, marami.

3333
02:54:46,740 --> 02:54:48,360
Senator Christopher Lawrence T. Go: Nababasa po natin ito.

3334
02:54:48,520 --> 02:54:49,160
Senator Christopher Lawrence T. Go: Thank you po.

3335
02:54:49,380 --> 02:54:51,240
Senator Christopher Lawrence T. Go: Congratulations for that.

3336
02:54:51,240 --> 02:54:52,920
Senator Christopher Lawrence T. Go: May tanong lang po ako sa inyo.

3337
02:54:52,980 --> 02:54:53,980
Senator Christopher Lawrence T. Go: Honest answer lang po.

3338
02:54:54,460 --> 02:54:55,880
Senator Christopher Lawrence T. Go: Ano sa tingin ninyo

3339
02:54:55,880 --> 02:54:57,160
Senator Christopher Lawrence T. Go: ang

3340
02:54:57,160 --> 02:55:00,360
Senator Christopher Lawrence T. Go: when it comes to

3341
02:55:00,360 --> 02:55:02,700
Senator Christopher Lawrence T. Go: corruption, meron pa rin

3342
02:55:02,700 --> 02:55:03,860
Senator Christopher Lawrence T. Go: o ba corruption ng

3343
02:55:03,860 --> 02:55:04,500
Senator Christopher Lawrence T. Go: BOC?

3344
02:55:04,720 --> 02:55:06,160
BOC Commissioner Ariel F. Nepomuceno: Meron pa rin po yan talaga.

3345
02:55:06,700 --> 02:55:08,960
BOC Commissioner Ariel F. Nepomuceno: Again po, hanggat hindi po

3346
02:55:08,960 --> 02:55:11,040
BOC Commissioner Ariel F. Nepomuceno: natin na fully

3347
02:55:11,040 --> 02:55:12,520
BOC Commissioner Ariel F. Nepomuceno: digitalized ang ating mga

3348
02:55:12,520 --> 02:55:14,940
BOC Commissioner Ariel F. Nepomuceno: proseso, we are vulnerable to

3349
02:55:14,940 --> 02:55:17,160
Senator Christopher Lawrence T. Go: Ano pong pinagkaiba kung sakaling

3350
02:55:17,160 --> 02:55:18,200
Senator Christopher Lawrence T. Go: maging fully

3351
02:55:18,200 --> 02:55:20,520
Senator Christopher Lawrence T. Go: digitalized?

3352
02:55:20,520 --> 02:55:22,200
BOC Commissioner Ariel F. Nepomuceno: Yun po, pinaluanan ko po kanyan.

3353
02:55:22,580 --> 02:55:24,000
BOC Commissioner Ariel F. Nepomuceno: Ongoing na po yung ating

3354
02:55:24,000 --> 02:55:24,660
BOC Commissioner Ariel F. Nepomuceno: proyekto.

3355
02:55:25,100 --> 02:55:26,240
BOC Commissioner Ariel F. Nepomuceno: Labing lima po yung mga

3356
02:55:26,240 --> 02:55:28,360
BOC Commissioner Ariel F. Nepomuceno: proyekto natin sa IT projects.

3357
02:55:28,660 --> 02:55:30,000
BOC Commissioner Ariel F. Nepomuceno: Ang sentro po nito,

3358
02:55:30,100 --> 02:55:31,700
BOC Commissioner Ariel F. Nepomuceno: pinakamahalaga yung tinatawag na

3359
02:55:31,700 --> 02:55:33,680
BOC Commissioner Ariel F. Nepomuceno: customs processing system.

3360
02:55:33,840 --> 02:55:34,640
BOC Commissioner Ariel F. Nepomuceno: Ito po yung

3361
02:55:34,640 --> 02:55:36,080
BOC Commissioner Ariel F. Nepomuceno: pag dumating yung

3362
02:55:36,080 --> 02:55:37,360
BOC Commissioner Ariel F. Nepomuceno: importasyon,

3363
02:55:37,620 --> 02:55:38,600
BOC Commissioner Ariel F. Nepomuceno: yung pagsasubmit po

3364
02:55:38,600 --> 02:55:39,620
BOC Commissioner Ariel F. Nepomuceno: ng mga importers

3365
02:55:39,620 --> 02:55:40,980
BOC Commissioner Ariel F. Nepomuceno: or their representatives

3366
02:55:40,980 --> 02:55:42,200
BOC Commissioner Ariel F. Nepomuceno: digital na.

3367
02:55:42,620 --> 02:55:44,200
BOC Commissioner Ariel F. Nepomuceno: Dapat wala na human intervention.

3368
02:55:44,460 --> 02:55:45,800
BOC Commissioner Ariel F. Nepomuceno: Para po kayong pumasok sa

3369
02:55:45,800 --> 02:55:49,160
BOC Commissioner Ariel F. Nepomuceno: dun po sa ATM booth

3370
02:55:49,160 --> 02:55:50,120
BOC Commissioner Ariel F. Nepomuceno: ng mga bangko

3371
02:55:50,120 --> 02:55:51,800
BOC Commissioner Ariel F. Nepomuceno: na pipili lang po kayo

3372
02:55:51,800 --> 02:55:52,760
BOC Commissioner Ariel F. Nepomuceno: ng inyong transaksyon.

3373
02:55:52,880 --> 02:55:53,120
BOC Commissioner Ariel F. Nepomuceno: Withdrawal,

3374
02:55:54,000 --> 02:55:54,500
BOC Commissioner Ariel F. Nepomuceno: balance,

3375
02:55:54,880 --> 02:55:55,540
BOC Commissioner Ariel F. Nepomuceno: or deposit,

3376
02:55:56,160 --> 02:55:57,560
BOC Commissioner Ariel F. Nepomuceno: wala naman po kayong kakausapin

3377
02:55:57,560 --> 02:55:58,240
BOC Commissioner Ariel F. Nepomuceno: na taga-bangko

3378
02:55:58,240 --> 02:55:59,180
BOC Commissioner Ariel F. Nepomuceno: unless yung pong

3379
02:55:59,180 --> 02:55:59,980
BOC Commissioner Ariel F. Nepomuceno: ATM card nyo

3380
02:55:59,980 --> 02:56:01,280
BOC Commissioner Ariel F. Nepomuceno: kinain po nung machine.

3381
02:56:02,080 --> 02:56:03,380
BOC Commissioner Ariel F. Nepomuceno: Ganito din po dapat

3382
02:56:03,380 --> 02:56:04,540
BOC Commissioner Ariel F. Nepomuceno: sa Bureau of Customs.

3383
02:56:04,860 --> 02:56:05,300
BOC Commissioner Ariel F. Nepomuceno: At yung pong

3384
02:56:05,300 --> 02:56:06,660
BOC Commissioner Ariel F. Nepomuceno: teknolohiya naman po

3385
02:56:06,660 --> 02:56:07,280
BOC Commissioner Ariel F. Nepomuceno: para dyan,

3386
02:56:07,780 --> 02:56:08,760
BOC Commissioner Ariel F. Nepomuceno: available naman po yun.

3387
02:56:08,880 --> 02:56:09,440
BOC Commissioner Ariel F. Nepomuceno: Hindi po natin

3388
02:56:09,440 --> 02:56:11,000
BOC Commissioner Ariel F. Nepomuceno: i-inventuin yan.

3389
02:56:11,420 --> 02:56:12,480
BOC Commissioner Ariel F. Nepomuceno: We just have to adapt

3390
02:56:12,480 --> 02:56:13,800
BOC Commissioner Ariel F. Nepomuceno: what's already existing

3391
02:56:13,800 --> 02:56:15,140
BOC Commissioner Ariel F. Nepomuceno: in other countries.

3392
02:56:15,260 --> 02:56:15,880
BOC Commissioner Ariel F. Nepomuceno: In our case,

3393
02:56:16,340 --> 02:56:17,140
BOC Commissioner Ariel F. Nepomuceno: yung pong ongoing

3394
02:56:17,140 --> 02:56:18,580
BOC Commissioner Ariel F. Nepomuceno: PPP proposal

3395
02:56:18,580 --> 02:56:20,140
BOC Commissioner Ariel F. Nepomuceno: na nasa gitna na po kami ngayon

3396
02:56:20,140 --> 02:56:21,580
BOC Commissioner Ariel F. Nepomuceno: ng technical discussions.

3397
02:56:22,360 --> 02:56:22,740
BOC Commissioner Ariel F. Nepomuceno: Yung legal,

3398
02:56:22,860 --> 02:56:23,400
BOC Commissioner Ariel F. Nepomuceno: tapos na po.

3399
02:56:24,000 --> 02:56:25,240
BOC Commissioner Ariel F. Nepomuceno: This technology

3400
02:56:25,240 --> 02:56:26,860
BOC Commissioner Ariel F. Nepomuceno: is available

3401
02:56:26,860 --> 02:56:28,500
BOC Commissioner Ariel F. Nepomuceno: and already being used

3402
02:56:28,500 --> 02:56:29,080
BOC Commissioner Ariel F. Nepomuceno: in Singapore.

3403
02:56:29,840 --> 02:56:30,120
BOC Commissioner Ariel F. Nepomuceno: So,

3404
02:56:30,380 --> 02:56:31,200
BOC Commissioner Ariel F. Nepomuceno: alam naman po natin

3405
02:56:31,200 --> 02:56:32,880
BOC Commissioner Ariel F. Nepomuceno: sa bansang Singapore

3406
02:56:32,880 --> 02:56:33,620
BOC Commissioner Ariel F. Nepomuceno: napakahigpit.

3407
02:56:34,060 --> 02:56:35,040
BOC Commissioner Ariel F. Nepomuceno: Bubble gum nga lang po

3408
02:56:35,040 --> 02:56:35,860
BOC Commissioner Ariel F. Nepomuceno: bawal sa kanila.

3409
02:56:36,180 --> 02:56:36,700
BOC Commissioner Ariel F. Nepomuceno: So,

3410
02:56:37,680 --> 02:56:38,780
BOC Commissioner Ariel F. Nepomuceno: ina-adapt po natin

3411
02:56:38,780 --> 02:56:39,480
BOC Commissioner Ariel F. Nepomuceno: yung sistema nila

3412
02:56:39,480 --> 02:56:41,280
BOC Commissioner Ariel F. Nepomuceno: wherein wala kang kakausapin

3413
02:56:41,280 --> 02:56:42,440
BOC Commissioner Ariel F. Nepomuceno: na taga-Bureau of Customs

3414
02:56:42,440 --> 02:56:43,520
BOC Commissioner Ariel F. Nepomuceno: from end to end po.

3415
02:56:44,280 --> 02:56:45,280
BOC Commissioner Ariel F. Nepomuceno: Mula sa pagsasabihin

3416
02:56:45,280 --> 02:56:45,920
BOC Commissioner Ariel F. Nepomuceno: ang dokumento

3417
02:56:45,920 --> 02:56:47,520
BOC Commissioner Ariel F. Nepomuceno: including bank documents.

3418
02:56:47,920 --> 02:56:48,740
BOC Commissioner Ariel F. Nepomuceno: Importante po yung

3419
02:56:48,740 --> 02:56:49,500
BOC Commissioner Ariel F. Nepomuceno: bank documents

3420
02:56:49,500 --> 02:56:50,720
BOC Commissioner Ariel F. Nepomuceno: at insurance documents.

3421
02:56:51,220 --> 02:56:51,740
BOC Commissioner Ariel F. Nepomuceno: Dahil po,

3422
02:56:51,820 --> 02:56:52,420
BOC Commissioner Ariel F. Nepomuceno: ang mga bangko

3423
02:56:52,420 --> 02:56:53,800
BOC Commissioner Ariel F. Nepomuceno: hindi po yan makikiisa.

3424
02:56:54,000 --> 02:56:54,980
BOC Commissioner Ariel F. Nepomuceno: Sa kalukuhan po

3425
02:56:54,980 --> 02:56:55,540
BOC Commissioner Ariel F. Nepomuceno: ng smugglers,

3426
02:56:55,680 --> 02:56:56,380
BOC Commissioner Ariel F. Nepomuceno: napakalaki po

3427
02:56:56,380 --> 02:56:57,420
BOC Commissioner Ariel F. Nepomuceno: nung kanilang iniingat

3428
02:56:57,420 --> 02:56:58,040
BOC Commissioner Ariel F. Nepomuceno: ang pangalan

3429
02:56:58,040 --> 02:56:59,080
BOC Commissioner Ariel F. Nepomuceno: at negosyo.

3430
02:56:59,500 --> 02:57:00,360
BOC Commissioner Ariel F. Nepomuceno: That will be included

3431
02:57:00,360 --> 02:57:01,760
BOC Commissioner Ariel F. Nepomuceno: in the digital submission

3432
02:57:01,760 --> 02:57:02,420
BOC Commissioner Ariel F. Nepomuceno: ng gampong

3433
02:57:02,420 --> 02:57:03,420
BOC Commissioner Ariel F. Nepomuceno: valuation.

3434
02:57:03,900 --> 02:57:05,420
BOC Commissioner Ariel F. Nepomuceno: May AI capability po yan

3435
02:57:05,420 --> 02:57:06,720
BOC Commissioner Ariel F. Nepomuceno: upang yung laman talaga

3436
02:57:06,720 --> 02:57:07,400
BOC Commissioner Ariel F. Nepomuceno: ng container

3437
02:57:07,400 --> 02:57:08,500
BOC Commissioner Ariel F. Nepomuceno: at yung mga

3438
02:57:08,500 --> 02:57:09,820
BOC Commissioner Ariel F. Nepomuceno: dineklara sa banko

3439
02:57:09,820 --> 02:57:11,940
BOC Commissioner Ariel F. Nepomuceno: na binayaran po nila

3440
02:57:11,940 --> 02:57:14,060
BOC Commissioner Ariel F. Nepomuceno: from their port of origin

3441
02:57:14,060 --> 02:57:15,160
BOC Commissioner Ariel F. Nepomuceno: hanggang dito po sa atin.

3442
02:57:15,560 --> 02:57:17,120
BOC Commissioner Ariel F. Nepomuceno: Yung po yung dapat nilang bayaran.

3443
02:57:17,220 --> 02:57:18,260
BOC Commissioner Ariel F. Nepomuceno: So, the leakage will be

3444
02:57:18,260 --> 02:57:19,720
BOC Commissioner Ariel F. Nepomuceno: almost zeroed out.

3445
02:57:19,800 --> 02:57:20,440
BOC Commissioner Ariel F. Nepomuceno: But then again,

3446
02:57:20,960 --> 02:57:21,800
BOC Commissioner Ariel F. Nepomuceno: this has to be

3447
02:57:21,800 --> 02:57:22,840
BOC Commissioner Ariel F. Nepomuceno: a 100%

3448
02:57:22,840 --> 02:57:23,240
BOC Commissioner Ariel F. Nepomuceno: fully automated

3449
02:57:23,240 --> 02:57:24,240
BOC Commissioner Ariel F. Nepomuceno: CPS.

3450
02:57:24,940 --> 02:57:25,760
BOC Commissioner Ariel F. Nepomuceno: Hindi po po pwedeng

3451
02:57:25,760 --> 02:57:26,560
BOC Commissioner Ariel F. Nepomuceno: 90%

3452
02:57:26,560 --> 02:57:27,780
BOC Commissioner Ariel F. Nepomuceno: at iwanan po yung

3453
02:57:27,780 --> 02:57:28,340
BOC Commissioner Ariel F. Nepomuceno: 10%.

3454
02:57:28,340 --> 02:57:30,080
BOC Commissioner Ariel F. Nepomuceno: Magkakaproblema na naman po tayo.

3455
02:57:30,620 --> 02:57:31,440
Senator Christopher Lawrence T. Go: Salamat po.

3456
02:57:31,580 --> 02:57:32,780
Senator Christopher Lawrence T. Go: Sana po yung magawa niya

3457
02:57:32,780 --> 02:57:33,540
Senator Christopher Lawrence T. Go: ng parahan yan.

3458
02:57:35,660 --> 02:57:36,680
Senator Christopher Lawrence T. Go: Sumusuporta po kami

3459
02:57:36,680 --> 02:57:37,520
Senator Christopher Lawrence T. Go: sa inyo rito.

3460
02:57:37,800 --> 02:57:39,320
Senator Christopher Lawrence T. Go: Sa inyong layunin.

3461
02:57:39,520 --> 02:57:41,240
Senator Christopher Lawrence T. Go: Sana mawala na yung

3462
02:57:42,420 --> 02:57:45,000
Senator Christopher Lawrence T. Go: word na lagay.

3463
02:57:46,940 --> 02:57:47,620
Senator Christopher Lawrence T. Go: Not

3464
02:57:47,620 --> 02:57:51,080
Senator Christopher Lawrence T. Go: completely eradicate

3465
02:57:51,080 --> 02:57:52,240
Senator Christopher Lawrence T. Go: corruption.

3466
02:57:53,240 --> 02:57:53,880
BOC Commissioner Ariel F. Nepomuceno: If I may,

3467
02:57:54,380 --> 02:57:55,760
BOC Commissioner Ariel F. Nepomuceno: Mr. Senator,

3468
02:57:56,340 --> 02:57:57,080
BOC Commissioner Ariel F. Nepomuceno: ganito po yun eh.

3469
02:57:57,320 --> 02:57:58,240
BOC Commissioner Ariel F. Nepomuceno: Pag pumasok po kayo

3470
02:57:58,240 --> 02:57:59,040
BOC Commissioner Ariel F. Nepomuceno: sa system na yun

3471
02:57:59,040 --> 02:58:00,120
BOC Commissioner Ariel F. Nepomuceno: at maglalodge po kayo

3472
02:58:00,120 --> 02:58:00,960
BOC Commissioner Ariel F. Nepomuceno: ng importation,

3473
02:58:01,560 --> 02:58:02,680
BOC Commissioner Ariel F. Nepomuceno: wala po kayong kausap eh.

3474
02:58:03,340 --> 02:58:04,000
BOC Commissioner Ariel F. Nepomuceno: Unlike po ngayon,

3475
02:58:04,100 --> 02:58:05,360
BOC Commissioner Ariel F. Nepomuceno: meron po kayong suki

3476
02:58:05,360 --> 02:58:06,300
BOC Commissioner Ariel F. Nepomuceno: or kakilala

3477
02:58:06,300 --> 02:58:07,160
BOC Commissioner Ariel F. Nepomuceno: na laging kausap.

3478
02:58:07,460 --> 02:58:08,260
BOC Commissioner Ariel F. Nepomuceno: In this system,

3479
02:58:08,520 --> 02:58:09,800
BOC Commissioner Ariel F. Nepomuceno: numero lang po lahat yun.

3480
02:58:10,320 --> 02:58:11,020
BOC Commissioner Ariel F. Nepomuceno: At wala po kayong,

3481
02:58:11,120 --> 02:58:11,600
BOC Commissioner Ariel F. Nepomuceno: hindi nyo alam

3482
02:58:11,600 --> 02:58:12,360
BOC Commissioner Ariel F. Nepomuceno: kung sino yung gusto

3483
02:58:12,360 --> 02:58:13,140
BOC Commissioner Ariel F. Nepomuceno: nyo kausapin.

3484
02:58:13,840 --> 02:58:14,520
BOC Commissioner Ariel F. Nepomuceno: This has to be

3485
02:58:14,520 --> 02:58:15,360
BOC Commissioner Ariel F. Nepomuceno: the kind of system

3486
02:58:15,360 --> 02:58:16,380
BOC Commissioner Ariel F. Nepomuceno: that will really

3487
02:58:16,380 --> 02:58:18,460
BOC Commissioner Ariel F. Nepomuceno: prevent abuses

3488
02:58:18,460 --> 02:58:19,660
BOC Commissioner Ariel F. Nepomuceno: or discretions

3489
02:58:19,660 --> 02:58:20,820
BOC Commissioner Ariel F. Nepomuceno: na madedehado po

3490
02:58:20,820 --> 02:58:21,700
BOC Commissioner Ariel F. Nepomuceno: ang bansa.

3491
02:58:21,860 --> 02:58:22,880
BOC Commissioner Ariel F. Nepomuceno: At makakasa po tayo

3492
02:58:22,880 --> 02:58:23,220
BOC Commissioner Ariel F. Nepomuceno: based on the fact that

3493
02:58:23,240 --> 02:58:24,000
BOC Commissioner Ariel F. Nepomuceno: on our timeline,

3494
02:58:24,780 --> 02:58:25,760
BOC Commissioner Ariel F. Nepomuceno: mga bandang June

3495
02:58:25,760 --> 02:58:27,280
BOC Commissioner Ariel F. Nepomuceno: or July next year,

3496
02:58:27,680 --> 02:58:28,700
BOC Commissioner Ariel F. Nepomuceno: pwede na pong i-roll out

3497
02:58:28,700 --> 02:58:29,340
BOC Commissioner Ariel F. Nepomuceno: yung pilot

3498
02:58:29,340 --> 02:58:31,540
BOC Commissioner Ariel F. Nepomuceno: areas po nito.

3499
02:58:31,660 --> 02:58:32,280
BOC Commissioner Ariel F. Nepomuceno: We will pick

3500
02:58:32,280 --> 02:58:33,020
BOC Commissioner Ariel F. Nepomuceno: three

3501
02:58:33,020 --> 02:58:35,000
BOC Commissioner Ariel F. Nepomuceno: ports out of our

3502
02:58:35,000 --> 02:58:36,280
BOC Commissioner Ariel F. Nepomuceno: 17 major ports

3503
02:58:36,280 --> 02:58:37,840
BOC Commissioner Ariel F. Nepomuceno: and 36 sub-ports.

3504
02:58:38,400 --> 02:58:39,800
BOC Commissioner Ariel F. Nepomuceno: Pag na-install na po natin yan,

3505
02:58:39,900 --> 02:58:41,040
BOC Commissioner Ariel F. Nepomuceno: huwag lang pong magkaroon po

3506
02:58:41,040 --> 02:58:42,240
BOC Commissioner Ariel F. Nepomuceno: ng injunction

3507
02:58:42,800 --> 02:58:43,500
BOC Commissioner Ariel F. Nepomuceno: or TRO

3508
02:58:43,500 --> 02:58:44,240
BOC Commissioner Ariel F. Nepomuceno: sa korte.

3509
02:58:45,560 --> 02:58:46,700
BOC Commissioner Ariel F. Nepomuceno: Tuloy-tuloy naman po ito.

3510
02:58:47,720 --> 02:58:48,440
Senator Christopher Lawrence T. Go: Salamat po.

3511
02:58:48,700 --> 02:58:49,980
Senator Christopher Lawrence T. Go: Malaking bagay po yan

3512
02:58:49,980 --> 02:58:51,360
Senator Christopher Lawrence T. Go: kung mawawala

3513
02:58:51,360 --> 02:58:52,180
Senator Christopher Lawrence T. Go: yung corruption.

3514
02:58:52,180 --> 02:58:53,220
Senator Christopher Lawrence T. Go: Malaking income po.

3515
02:58:53,240 --> 02:58:53,840
Senator Christopher Lawrence T. Go: Yan sa ating

3516
02:58:53,840 --> 02:58:55,160
Senator Christopher Lawrence T. Go: gobyerno.

3517
02:58:55,540 --> 02:58:55,840
Senator Christopher Lawrence T. Go: Anyway,

3518
02:58:56,440 --> 02:58:57,580
Senator Christopher Lawrence T. Go: balikan ko lang po

3519
02:58:57,580 --> 02:58:58,560
Senator Christopher Lawrence T. Go: dito si

3520
02:58:58,560 --> 02:59:00,380
Senator Christopher Lawrence T. Go: Secretary of Finance.

3521
02:59:00,480 --> 02:59:01,200
Senator Christopher Lawrence T. Go: Allow me to

3522
02:59:01,200 --> 02:59:02,760
Senator Christopher Lawrence T. Go: express my support

3523
02:59:02,760 --> 02:59:03,380
Senator Christopher Lawrence T. Go: for the budget

3524
02:59:03,380 --> 02:59:04,880
Senator Christopher Lawrence T. Go: of the Department of Finance

3525
02:59:04,880 --> 02:59:05,960
Senator Christopher Lawrence T. Go: including its

3526
02:59:05,960 --> 02:59:06,920
Senator Christopher Lawrence T. Go: attached agencies

3527
02:59:06,920 --> 02:59:08,080
Senator Christopher Lawrence T. Go: and corporation.

3528
02:59:08,960 --> 02:59:09,760
Senator Christopher Lawrence T. Go: Malaki po ang papel

3529
02:59:09,760 --> 02:59:10,460
Senator Christopher Lawrence T. Go: ng DFA

3530
02:59:10,460 --> 02:59:11,220
Senator Christopher Lawrence T. Go: para masiguro

3531
02:59:11,220 --> 02:59:12,020
Senator Christopher Lawrence T. Go: na mayroon tayong

3532
02:59:12,020 --> 02:59:13,260
Senator Christopher Lawrence T. Go: sapat na resources

3533
02:59:13,260 --> 02:59:14,820
Senator Christopher Lawrence T. Go: para pondohan

3534
02:59:14,820 --> 02:59:15,480
Senator Christopher Lawrence T. Go: at suportahan

3535
02:59:15,480 --> 02:59:16,200
Senator Christopher Lawrence T. Go: ang mga programa

3536
02:59:16,200 --> 02:59:17,400
Senator Christopher Lawrence T. Go: ng gobyerno

3537
02:59:17,400 --> 02:59:18,220
Senator Christopher Lawrence T. Go: para sa iba't-ibang

3538
02:59:18,220 --> 02:59:18,740
Senator Christopher Lawrence T. Go: sektor

3539
02:59:18,740 --> 02:59:19,700
Senator Christopher Lawrence T. Go: gaya ng health,

3540
02:59:20,520 --> 02:59:21,020
Senator Christopher Lawrence T. Go: education,

3541
02:59:21,360 --> 02:59:22,080
Senator Christopher Lawrence T. Go: social protection,

3542
02:59:22,300 --> 02:59:22,880
Senator Christopher Lawrence T. Go: infrastructure,

3543
02:59:22,880 --> 02:59:23,900
Senator Christopher Lawrence T. Go: national defense

3544
02:59:23,900 --> 02:59:24,640
Senator Christopher Lawrence T. Go: at iba pa.

3545
02:59:25,360 --> 02:59:26,620
Senator Christopher Lawrence T. Go: Importante po itong

3546
02:59:26,620 --> 02:59:27,840
Senator Christopher Lawrence T. Go: finance.

3547
02:59:28,280 --> 02:59:28,780
Senator Christopher Lawrence T. Go: Kayo ito yung

3548
02:59:28,780 --> 02:59:29,880
Senator Christopher Lawrence T. Go: pinaka-centro

3549
02:59:30,660 --> 02:59:31,520
Senator Christopher Lawrence T. Go: with the able

3550
02:59:31,520 --> 02:59:32,560
Senator Christopher Lawrence T. Go: and competent

3551
02:59:32,560 --> 02:59:32,880
Senator Christopher Lawrence T. Go: leadership

3552
02:59:33,440 --> 02:59:33,880
Senator Christopher Lawrence T. Go: ng ating

3553
02:59:34,740 --> 02:59:35,300
Senator Christopher Lawrence T. Go: sekretary,

3554
02:59:35,380 --> 02:59:36,240
Senator Christopher Lawrence T. Go: sekretary

3555
02:59:36,240 --> 02:59:37,400
Senator Christopher Lawrence T. Go: Frederick Goh.

3556
02:59:37,480 --> 02:59:38,000
Senator Christopher Lawrence T. Go: Not because

3557
02:59:38,000 --> 02:59:38,660
Senator Christopher Lawrence T. Go: Goh ka rin,

3558
02:59:39,040 --> 02:59:39,240
Senator Christopher Lawrence T. Go: but

3559
02:59:39,240 --> 02:59:43,700
Senator Christopher Lawrence T. Go: alam kong experience

3560
02:59:43,700 --> 02:59:44,460
Senator Christopher Lawrence T. Go: ka na sa

3561
02:59:44,460 --> 02:59:45,520
Senator Christopher Lawrence T. Go: dito,

3562
02:59:45,860 --> 02:59:47,020
Senator Christopher Lawrence T. Go: sa finance.

3563
02:59:48,260 --> 02:59:49,420
Senator Christopher Lawrence T. Go: Ito yung

3564
02:59:49,420 --> 02:59:50,640
Senator Christopher Lawrence T. Go: Goh na

3565
02:59:50,640 --> 02:59:52,120
Senator Christopher Lawrence T. Go: ano siya,

3566
02:59:52,880 --> 02:59:54,080
Senator Christopher Lawrence T. Go: ito yung rich na

3567
02:59:54,080 --> 02:59:56,040
Senator Christopher Lawrence T. Go: rich version

3568
02:59:56,040 --> 02:59:57,680
Senator Christopher Lawrence T. Go: ng Goh.

3569
02:59:57,760 --> 02:59:58,380
Senator Christopher Lawrence T. Go: Tagal ko po itong

3570
02:59:58,380 --> 03:00:00,000
Senator Christopher Lawrence T. Go: gusto na rin po talaga itong

3571
03:00:00,000 --> 03:00:01,420
Senator Christopher Lawrence T. Go: tumulong para sa ating

3572
03:00:01,420 --> 03:00:04,060
Senator Christopher Lawrence T. Go: bayan. Sabi ko nga,

3573
03:00:04,620 --> 03:00:05,820
Senator Christopher Lawrence T. Go: minsan lang tayo

3574
03:00:05,820 --> 03:00:08,140
Senator Christopher Lawrence T. Go: mabubuhay sa mundong ito.

3575
03:00:08,280 --> 03:00:10,140
Senator Christopher Lawrence T. Go: Gawin mo na yung pwede mong gawin para sa

3576
03:00:10,140 --> 03:00:11,840
Senator Christopher Lawrence T. Go: bayan. Kung anong ma-contribute mo

3577
03:00:11,840 --> 03:00:13,260
Senator Christopher Lawrence T. Go: para sa bayan,

3578
03:00:13,860 --> 03:00:14,620
Senator Christopher Lawrence T. Go: gawin mo na.

3579
03:00:16,360 --> 03:00:18,120
Senator Christopher Lawrence T. Go: Supportado ka namin dito. Basta gawin mo

3580
03:00:18,120 --> 03:00:20,000
Senator Christopher Lawrence T. Go: lang yung tama para sa

3581
03:00:20,000 --> 03:00:21,920
Senator Christopher Lawrence T. Go: interest ng mga kababayan natin.

3582
03:00:22,020 --> 03:00:23,600
Senator Christopher Lawrence T. Go: Lalong-lalo na po yung mga mahirap.

3583
03:00:24,000 --> 03:00:24,560
Senator Christopher Lawrence T. Go: Ngayon, sir,

3584
03:00:25,560 --> 03:00:27,880
Senator Christopher Lawrence T. Go: balikan ko lang po konti yung

3585
03:00:27,880 --> 03:00:29,140
Senator Christopher Lawrence T. Go: backtrack po tayo.

3586
03:00:29,140 --> 03:00:31,240
Senator Christopher Lawrence T. Go: Si Treasurer

3587
03:00:31,240 --> 03:00:33,140
Senator Christopher Lawrence T. Go: Sharon Almanza,

3588
03:00:33,840 --> 03:00:35,020
Senator Christopher Lawrence T. Go: kailan po kayo nag-umpisa

3589
03:00:35,020 --> 03:00:36,520
Senator Christopher Lawrence T. Go: bilang Treasurer, ma'am?

3590
03:00:40,280 --> 03:00:41,140
Treasurer of the Philippines Sharon P. Almanza: 2024 po.

3591
03:00:42,160 --> 03:00:43,080
Senator Christopher Lawrence T. Go: Anong month po?

3592
03:00:43,920 --> 03:00:45,180
Treasurer of the Philippines Sharon P. Almanza: March. Around

3593
03:00:45,180 --> 03:00:45,820
Treasurer of the Philippines Sharon P. Almanza: March po.

3594
03:00:46,680 --> 03:00:48,840
Senator Christopher Lawrence T. Go: So, are you familiar with

3595
03:00:48,840 --> 03:00:51,140
Senator Christopher Lawrence T. Go: ito pong

3596
03:00:51,140 --> 03:00:54,980
Senator Christopher Lawrence T. Go: yung mga

3597
03:00:54,980 --> 03:00:57,200
Senator Christopher Lawrence T. Go: pinupul na fans

3598
03:00:57,980 --> 03:00:58,920
Senator Christopher Lawrence T. Go: kinukuha ng

3599
03:00:58,920 --> 03:00:59,940
Senator Christopher Lawrence T. Go: National Treasury?

3600
03:01:00,300 --> 03:01:01,380
Senator Christopher Lawrence T. Go: Di ba dinadala sa inyo?

3601
03:01:02,380 --> 03:01:04,620
Senator Christopher Lawrence T. Go: And then, do you still remember

3602
03:01:04,620 --> 03:01:06,560
Senator Christopher Lawrence T. Go: Phil Health, fans?

3603
03:01:06,800 --> 03:01:07,280
Treasurer of the Philippines Sharon P. Almanza: Yes, sir.

3604
03:01:07,540 --> 03:01:09,100
Senator Christopher Lawrence T. Go: Ito po yung diniclare ng

3605
03:01:09,100 --> 03:01:12,600
Senator Christopher Lawrence T. Go: Supreme Court na

3606
03:01:12,600 --> 03:01:14,380
Senator Christopher Lawrence T. Go: illegal.

3607
03:01:14,960 --> 03:01:15,400
Senator Christopher Lawrence T. Go: Noong una,

3608
03:01:16,600 --> 03:01:17,480
Senator Christopher Lawrence T. Go: sabi ko nga,

3609
03:01:18,660 --> 03:01:20,120
Senator Christopher Lawrence T. Go: it might be

3610
03:01:20,120 --> 03:01:22,520
Senator Christopher Lawrence T. Go: legally

3611
03:01:22,520 --> 03:01:24,360
Senator Christopher Lawrence T. Go: possible,

3612
03:01:24,940 --> 03:01:26,880
Senator Christopher Lawrence T. Go: but morally unacceptable

3613
03:01:26,880 --> 03:01:28,600
Senator Christopher Lawrence T. Go: po sa akin yung nangyari nung

3614
03:01:28,600 --> 03:01:29,900
Senator Christopher Lawrence T. Go: 2024.

3615
03:01:30,860 --> 03:01:32,960
Senator Christopher Lawrence T. Go: Dahil marami pa pong mga kababayan natin

3616
03:01:32,960 --> 03:01:34,100
Senator Christopher Lawrence T. Go: na mga mahirap,

3617
03:01:34,820 --> 03:01:36,160
Senator Christopher Lawrence T. Go: na takot magpa-hospital,

3618
03:01:37,180 --> 03:01:38,200
Senator Christopher Lawrence T. Go: ayaw magpa-hospital,

3619
03:01:38,340 --> 03:01:39,540
Senator Christopher Lawrence T. Go: meron nga pong namatay

3620
03:01:39,540 --> 03:01:41,960
Senator Christopher Lawrence T. Go: from Cebu, mag-ina,

3621
03:01:43,720 --> 03:01:44,600
Senator Christopher Lawrence T. Go: yung buntis,

3622
03:01:45,740 --> 03:01:46,940
Senator Christopher Lawrence T. Go: ayaw nang pumunta sa hospital

3623
03:01:46,940 --> 03:01:48,480
Senator Christopher Lawrence T. Go: dahil takot po sa babayarin

3624
03:01:48,480 --> 03:01:50,920
Senator Christopher Lawrence T. Go: sa kanilang pagpa-hospital.

3625
03:01:51,220 --> 03:01:52,500
Senator Christopher Lawrence T. Go: At marami pong Pilipino

3626
03:01:52,500 --> 03:01:54,260
Senator Christopher Lawrence T. Go: ang takot magpa-hospital ngayon

3627
03:01:54,260 --> 03:01:56,320
Senator Christopher Lawrence T. Go: dahil sa babayarin sa hospital.

3628
03:01:57,320 --> 03:01:58,440
Senator Christopher Lawrence T. Go: So, babalikan ko lang po

3629
03:01:58,440 --> 03:01:59,160
Senator Christopher Lawrence T. Go: ito since

3630
03:01:59,160 --> 03:02:02,020
Senator Christopher Lawrence T. Go: trabaho rin po ito ng

3631
03:02:02,020 --> 03:02:03,880
Senator Christopher Lawrence T. Go: finance. Alam naman natin

3632
03:02:03,880 --> 03:02:05,600
Senator Christopher Lawrence T. Go: ang trabaho ng finance,

3633
03:02:06,640 --> 03:02:07,520
Senator Christopher Lawrence T. Go: sila yung

3634
03:02:07,520 --> 03:02:10,260
Senator Christopher Lawrence T. Go: though allowed by Congress

3635
03:02:10,260 --> 03:02:12,400
Senator Christopher Lawrence T. Go: kung merong mga excess funds

3636
03:02:12,400 --> 03:02:13,300
Senator Christopher Lawrence T. Go: pinupool,

3637
03:02:14,400 --> 03:02:16,200
Senator Christopher Lawrence T. Go: yun po yung pinuprogram.

3638
03:02:17,000 --> 03:02:18,220
Senator Christopher Lawrence T. Go: Nilalagay doon sa mga

3639
03:02:18,220 --> 03:02:20,160
Senator Christopher Lawrence T. Go: unprogrammed funds, ito yung

3640
03:02:20,160 --> 03:02:22,240
Senator Christopher Lawrence T. Go: excess collection. Ang excess

3641
03:02:22,240 --> 03:02:24,000
Senator Christopher Lawrence T. Go: collections, manggagaling po sa inyo.

3642
03:02:24,300 --> 03:02:26,580
Senator Christopher Lawrence T. Go: Sa customs,

3643
03:02:26,580 --> 03:02:28,120
Senator Christopher Lawrence T. Go: sa BIR.

3644
03:02:28,440 --> 03:02:30,160
Senator Christopher Lawrence T. Go: So, balikan ko lang po itong

3645
03:02:30,160 --> 03:02:33,860
Senator Christopher Lawrence T. Go: 2024. Kasi sumama talaga

3646
03:02:33,860 --> 03:02:34,940
Senator Christopher Lawrence T. Go: yung loob ko dito.

3647
03:02:35,940 --> 03:02:37,940
Senator Christopher Lawrence T. Go: Lalong-lalo na po yung nangyari sa PhilHealth.

3648
03:02:38,540 --> 03:02:40,280
Senator Christopher Lawrence T. Go: Dahil nung kalagitnaan

3649
03:02:40,280 --> 03:02:42,020
Senator Christopher Lawrence T. Go: ng taon ng July

3650
03:02:42,020 --> 03:02:43,600
Senator Christopher Lawrence T. Go: or June

3651
03:02:43,600 --> 03:02:45,720
Senator Christopher Lawrence T. Go: ng 2024,

3652
03:02:46,240 --> 03:02:47,560
Senator Christopher Lawrence T. Go: and I'm sure kayo na po ang

3653
03:02:47,560 --> 03:02:48,960
Senator Christopher Lawrence T. Go: treasurer nun,

3654
03:02:50,080 --> 03:02:51,900
Senator Christopher Lawrence T. Go: meron pong tinatawag na so-called

3655
03:02:51,900 --> 03:02:53,520
Senator Christopher Lawrence T. Go: excess funds

3656
03:02:53,520 --> 03:02:56,120
Senator Christopher Lawrence T. Go: ang PhilHealth

3657
03:02:56,120 --> 03:02:57,300
Senator Christopher Lawrence T. Go: na about

3658
03:02:57,300 --> 03:02:59,320
Senator Christopher Lawrence T. Go: 91 billion nga po daw yun.

3659
03:02:59,440 --> 03:03:00,240
Senator Christopher Lawrence T. Go: Unang-una na

3660
03:03:00,240 --> 03:03:04,880
Senator Christopher Lawrence T. Go: balik po sa National Treasury

3661
03:03:04,880 --> 03:03:06,340
Senator Christopher Lawrence T. Go: yung 31 billion.

3662
03:03:06,880 --> 03:03:08,900
Senator Christopher Lawrence T. Go: Kaya nagkaroon po tayo ng hearing dito

3663
03:03:08,900 --> 03:03:10,540
Senator Christopher Lawrence T. Go: sa Committee on Health. Sabi ko,

3664
03:03:11,980 --> 03:03:13,160
Senator Christopher Lawrence T. Go: bakit kinuha

3665
03:03:13,160 --> 03:03:14,420
Senator Christopher Lawrence T. Go: yung

3666
03:03:14,420 --> 03:03:17,380
Senator Christopher Lawrence T. Go: 60 billion?

3667
03:03:17,960 --> 03:03:18,540
Senator Christopher Lawrence T. Go: 60 billion.

3668
03:03:19,260 --> 03:03:20,680
Senator Christopher Lawrence T. Go: 60 muna una, diba?

3669
03:03:20,860 --> 03:03:23,240
Senator Christopher Lawrence T. Go: Out of supposed 91 billion.

3670
03:03:23,240 --> 03:03:23,360
Senator Christopher Lawrence T. Go: Hindi.

3671
03:03:24,980 --> 03:03:26,520
Senator Christopher Lawrence T. Go: Pero yung in-approve yata,

3672
03:03:27,300 --> 03:03:28,800
Senator Christopher Lawrence T. Go: 90 po supposed.

3673
03:03:28,860 --> 03:03:29,220
Senator Christopher Lawrence T. Go: 90.

3674
03:03:30,120 --> 03:03:31,040
Senator Christopher Lawrence T. Go: 90 dapat.

3675
03:03:31,520 --> 03:03:32,700
Senator Christopher Lawrence T. Go: So 30 yung na

3676
03:03:32,700 --> 03:03:35,420
Senator Christopher Lawrence T. Go: na-remit sa National Treasury.

3677
03:03:35,840 --> 03:03:37,360
Senator Christopher Lawrence T. Go: Kasi yung mga excess funds.

3678
03:03:37,480 --> 03:03:39,040
Senator Christopher Lawrence T. Go: Pero wala po talagang excess funds

3679
03:03:39,040 --> 03:03:41,420
Senator Christopher Lawrence T. Go: ang PhilHealth sa totoo lamang po.

3680
03:03:42,140 --> 03:03:43,940
Senator Christopher Lawrence T. Go: Kaya sobrang sama ng loob ko nun.

3681
03:03:44,740 --> 03:03:45,560
Senator Christopher Lawrence T. Go: Tingnan niyo po ah.

3682
03:03:48,060 --> 03:03:51,280
Senator Christopher Lawrence T. Go: Nung 2024,

3683
03:03:52,220 --> 03:03:53,800
Senator Christopher Lawrence T. Go: ang earmark po dapat

3684
03:03:53,800 --> 03:03:56,300
Senator Christopher Lawrence T. Go: sa batas natin,

3685
03:03:56,400 --> 03:03:57,120
Senator Christopher Lawrence T. Go: sa syntax,

3686
03:03:57,300 --> 03:03:57,820
Senator Christopher Lawrence T. Go: law.

3687
03:03:58,840 --> 03:04:00,680
Senator Christopher Lawrence T. Go: Earmark for PhilHealth is 79

3688
03:04:00,680 --> 03:04:02,000
Senator Christopher Lawrence T. Go: billion.

3689
03:04:03,340 --> 03:04:05,000
Senator Christopher Lawrence T. Go: Ngunit ang GAAS subsidy

3690
03:04:05,000 --> 03:04:06,720
Senator Christopher Lawrence T. Go: na in-aprobahan sa Kongreso is

3691
03:04:06,720 --> 03:04:09,940
Senator Christopher Lawrence T. Go: 40.283

3692
03:04:09,940 --> 03:04:10,820
Senator Christopher Lawrence T. Go: billion.

3693
03:04:11,860 --> 03:04:13,300
Senator Christopher Lawrence T. Go: So makikita nyo lang po

3694
03:04:13,300 --> 03:04:14,300
Senator Christopher Lawrence T. Go: sa screen.

3695
03:04:19,120 --> 03:04:21,200
Senator Christopher Lawrence T. Go: Then, sa kalagitnaan ng taon,

3696
03:04:21,320 --> 03:04:23,120
Senator Christopher Lawrence T. Go: 60 billion was transferred to

3697
03:04:23,120 --> 03:04:24,000
Senator Christopher Lawrence T. Go: National Treasury.

3698
03:04:25,720 --> 03:04:27,260
Senator Christopher Lawrence T. Go: Pagdating ng 2025,

3699
03:04:27,820 --> 03:04:29,900
Senator Christopher Lawrence T. Go: dapat yung earmark

3700
03:04:29,900 --> 03:04:32,860
Senator Christopher Lawrence T. Go: for PhilHealth is 69.8 billion.

3701
03:04:34,440 --> 03:04:36,120
Senator Christopher Lawrence T. Go: Eh, na-aprobahan sa Congress

3702
03:04:36,120 --> 03:04:37,820
Senator Christopher Lawrence T. Go: is zero. Hindi po ako pumirma sa

3703
03:04:37,820 --> 03:04:38,960
Senator Christopher Lawrence T. Go: BICAM report nun.

3704
03:04:39,580 --> 03:04:41,920
Senator Christopher Lawrence T. Go: Nung budget

3705
03:04:41,920 --> 03:04:43,680
Senator Christopher Lawrence T. Go: deliberation dito sa

3706
03:04:43,680 --> 03:04:44,980
Senator Christopher Lawrence T. Go: Senado.

3707
03:04:46,320 --> 03:04:48,100
Senator Christopher Lawrence T. Go: Dahil nakita ko zero po yung

3708
03:04:48,100 --> 03:04:50,160
Senator Christopher Lawrence T. Go: inilaan for PhilHealth.

3709
03:04:50,540 --> 03:04:52,000
Senator Christopher Lawrence T. Go: So, sobrang sakit na

3710
03:04:52,000 --> 03:04:53,880
Senator Christopher Lawrence T. Go: makita mo, bakit zero?

3711
03:04:53,880 --> 03:04:55,940
Senator Christopher Lawrence T. Go: Eh, nasa batas po

3712
03:04:55,940 --> 03:04:56,960
Senator Christopher Lawrence T. Go: na mag-earmark po.

3713
03:04:57,300 --> 03:04:58,220
Senator Christopher Lawrence T. Go: Not every year.

3714
03:04:58,760 --> 03:04:59,660
Senator Christopher Lawrence T. Go: Sinasabi ko lang po ito,

3715
03:04:59,740 --> 03:05:01,040
Senator Christopher Lawrence T. Go: Sekretary Frederick Gona,

3716
03:05:01,240 --> 03:05:03,080
Senator Christopher Lawrence T. Go: tingnan nyo pong mabuti

3717
03:05:03,080 --> 03:05:05,620
Senator Christopher Lawrence T. Go: kung ano po yung nandun sa batasana

3718
03:05:05,620 --> 03:05:07,160
Senator Christopher Lawrence T. Go: po yun po ang inilaan.

3719
03:05:08,000 --> 03:05:08,600
Senator Christopher Lawrence T. Go: So, nangyari,

3720
03:05:09,100 --> 03:05:11,040
Senator Christopher Lawrence T. Go: in-aprobahan sa GAAS,

3721
03:05:12,560 --> 03:05:14,080
Senator Christopher Lawrence T. Go: 61.1

3722
03:05:16,160 --> 03:05:17,900
Senator Christopher Lawrence T. Go: 61 billion

3723
03:05:17,900 --> 03:05:19,380
Senator Christopher Lawrence T. Go: 514

3724
03:05:19,380 --> 03:05:21,920
Senator Christopher Lawrence T. Go: 61.514

3725
03:05:21,920 --> 03:05:23,340
Senator Christopher Lawrence T. Go: billion. Pero ang binalik,

3726
03:05:23,340 --> 03:05:25,240
Senator Christopher Lawrence T. Go: 60 billion. Halos wala nang

3727
03:05:25,240 --> 03:05:27,260
Senator Christopher Lawrence T. Go: naging budget ang PhilHealth.

3728
03:05:27,300 --> 03:05:28,480
Senator Christopher Lawrence T. Go: PhilHealth for

3729
03:05:28,480 --> 03:05:31,580
Senator Christopher Lawrence T. Go: 2,224.

3730
03:05:32,480 --> 03:05:34,460
Senator Christopher Lawrence T. Go: Habang marami pong mga kababayan natin

3731
03:05:34,460 --> 03:05:35,140
Senator Christopher Lawrence T. Go: na hirap,

3732
03:05:36,000 --> 03:05:37,140
Senator Christopher Lawrence T. Go: ayaw magpo-hospital,

3733
03:05:37,880 --> 03:05:39,060
Senator Christopher Lawrence T. Go: takot magpo-hospital.

3734
03:05:39,700 --> 03:05:41,600
Senator Christopher Lawrence T. Go: Pero tingnan nyo po sa inyong mga

3735
03:05:41,600 --> 03:05:43,280
Senator Christopher Lawrence T. Go: hospital billing, magkano lang po ang

3736
03:05:43,280 --> 03:05:45,560
Senator Christopher Lawrence T. Go: kinocover ng PhilHealth sa ngayon.

3737
03:05:45,840 --> 03:05:47,340
Senator Christopher Lawrence T. Go: Minsan wala pang 1%.

3738
03:05:47,340 --> 03:05:49,680
Senator Christopher Lawrence T. Go: Kayo po, ma'am, na-admit na ho ba

3739
03:05:49,680 --> 03:05:49,980
Senator Christopher Lawrence T. Go: kayo?

3740
03:05:51,480 --> 03:05:53,860
Senator Christopher Lawrence T. Go: Huwag naman po sana, pero na-avail

3741
03:05:53,860 --> 03:05:54,620
Senator Christopher Lawrence T. Go: nyo ho ba ang...

3742
03:05:54,620 --> 03:05:56,900
Treasurer of the Philippines Sharon P. Almanza: Recently po na-avail ko and

3743
03:05:57,300 --> 03:05:58,660
Treasurer of the Philippines Sharon P. Almanza: naramdaman ko po yung PhilHealth.

3744
03:05:58,780 --> 03:06:01,680
Senator Christopher Lawrence T. Go: Yung recently? What year was that, ma'am?

3745
03:06:05,680 --> 03:06:07,180
Treasurer of the Philippines Sharon P. Almanza: Very recent po na

3746
03:06:07,180 --> 03:06:09,560
Treasurer of the Philippines Sharon P. Almanza: na-admit po ako sa ER and naramdaman

3747
03:06:09,560 --> 03:06:11,040
Treasurer of the Philippines Sharon P. Almanza: ko po talaga. Natuwa po ako.

3748
03:06:11,120 --> 03:06:13,720
Treasurer of the Philippines Sharon P. Almanza: Natuwa po ako bilang member ng PhilHealth.

3749
03:06:13,840 --> 03:06:15,540
Senator Christopher Lawrence T. Go: Ikaw, Sekretary Goh,

3750
03:06:16,360 --> 03:06:17,540
Senator Christopher Lawrence T. Go: hindi mo pa na...

3751
03:06:18,180 --> 03:06:19,300
Senator Christopher Lawrence T. Go: Baka ayaw mo lang i-avail

3752
03:06:19,300 --> 03:06:21,660
Senator Christopher Lawrence T. Go: kasi meron kang

3753
03:06:21,660 --> 03:06:23,620
Senator Christopher Lawrence T. Go: private na mga medical cards

3754
03:06:23,620 --> 03:06:24,840
Senator Christopher Lawrence T. Go: siguro, healthcare.

3755
03:06:25,520 --> 03:06:26,580
Senator Christopher Lawrence T. Go: Hindi mo na kailangan.

3756
03:06:27,300 --> 03:06:28,960
Senator Christopher Lawrence T. Go: Baka hindi mo na siguro ina-avail yung

3757
03:06:28,960 --> 03:06:31,380
Senator Christopher Lawrence T. Go: PhilHealth dahil may pambayad ka.

3758
03:06:32,000 --> 03:06:34,060
Senator Christopher Lawrence T. Go: Anyway, seriously speaking.

3759
03:06:36,020 --> 03:06:37,840
Senator Christopher Lawrence T. Go: Noong 2024,

3760
03:06:38,800 --> 03:06:39,440
Senator Christopher Lawrence T. Go: pagdating noong

3761
03:06:39,440 --> 03:06:40,140
Senator Christopher Lawrence T. Go: Disyembre,

3762
03:06:41,420 --> 03:06:43,160
Senator Christopher Lawrence T. Go: nagkaroon po ng board meeting

3763
03:06:43,160 --> 03:06:44,080
Senator Christopher Lawrence T. Go: ang PhilHealth.

3764
03:06:45,440 --> 03:06:46,700
Senator Christopher Lawrence T. Go: Dahil nagpanik na sila.

3765
03:06:47,500 --> 03:06:49,760
Senator Christopher Lawrence T. Go: Dahil, galit na yung tao eh.

3766
03:06:50,480 --> 03:06:51,380
Senator Christopher Lawrence T. Go: Kasi binalik nga yung

3767
03:06:51,380 --> 03:06:53,400
Senator Christopher Lawrence T. Go: 60 billion. Hindi lang po kasalanan ng

3768
03:06:53,400 --> 03:06:55,140
Senator Christopher Lawrence T. Go: Secretary of Finance dahil

3769
03:06:55,140 --> 03:06:57,180
Senator Christopher Lawrence T. Go: nagpresentaan,

3770
03:06:57,300 --> 03:06:58,780
Senator Christopher Lawrence T. Go: wala po yung PhilHealth na sabi nila.

3771
03:06:58,880 --> 03:07:00,360
Senator Christopher Lawrence T. Go: Meron silang excess funds.

3772
03:07:00,640 --> 03:07:01,660
Senator Christopher Lawrence T. Go: Nilagay po sa

3773
03:07:01,660 --> 03:07:04,600
Senator Christopher Lawrence T. Go: pinul po yung funds.

3774
03:07:04,840 --> 03:07:06,940
Senator Christopher Lawrence T. Go: Ganun lang po ang trabaho ng Secretary of Finance.

3775
03:07:07,100 --> 03:07:08,600
Senator Christopher Lawrence T. Go: Panahon ni Secretary Dominguez

3776
03:07:08,600 --> 03:07:11,080
Senator Christopher Lawrence T. Go: noong panahon ng pandemia, siya rin po yung

3777
03:07:11,080 --> 03:07:13,020
Senator Christopher Lawrence T. Go: nag... kumbaga nagtatawag nito

3778
03:07:13,020 --> 03:07:14,300
Senator Christopher Lawrence T. Go: is nagwawalis ng mga

3779
03:07:14,300 --> 03:07:16,840
Senator Christopher Lawrence T. Go: pondo po. So, ginawa...

3780
03:07:16,840 --> 03:07:19,200
Senator Christopher Lawrence T. Go: Iyan rin po ang ginawa ng Secretary of Finance.

3781
03:07:19,580 --> 03:07:20,640
Senator Christopher Lawrence T. Go: Ang masakit lang po, sana

3782
03:07:20,640 --> 03:07:22,980
Senator Christopher Lawrence T. Go: huwag gamitin yung sa health. Kasi ako po

3783
03:07:22,980 --> 03:07:24,940
Senator Christopher Lawrence T. Go: ay naniniwala na ang PhilHealth

3784
03:07:24,940 --> 03:07:26,960
Senator Christopher Lawrence T. Go: funds po ay para sa health

3785
03:07:26,960 --> 03:07:28,420
Senator Christopher Lawrence T. Go: ng Pilipino.

3786
03:07:29,040 --> 03:07:30,460
Senator Christopher Lawrence T. Go: So, ang ginawa ng PhilHealth noong

3787
03:07:30,460 --> 03:07:33,140
Senator Christopher Lawrence T. Go: December of 2024, nagmadali sila,

3788
03:07:33,240 --> 03:07:34,700
Senator Christopher Lawrence T. Go: nag-board meeting sila.

3789
03:07:35,460 --> 03:07:36,160
Senator Christopher Lawrence T. Go: Doon po nila

3790
03:07:36,160 --> 03:07:39,240
Senator Christopher Lawrence T. Go: ginawa yung mga increasing of

3791
03:07:39,240 --> 03:07:40,740
Senator Christopher Lawrence T. Go: case rates.

3792
03:07:41,080 --> 03:07:42,520
Senator Christopher Lawrence T. Go: Kaya naramdaman nyo na po siguro.

3793
03:07:43,140 --> 03:07:45,140
Senator Christopher Lawrence T. Go: Yung pagpapaopera sa puso,

3794
03:07:46,200 --> 03:07:46,700
Senator Christopher Lawrence T. Go: doon na nila

3795
03:07:46,700 --> 03:07:49,180
Senator Christopher Lawrence T. Go: kinocover na pag nagkaroon

3796
03:07:49,180 --> 03:07:50,080
Senator Christopher Lawrence T. Go: ka ng bypass,

3797
03:07:50,800 --> 03:07:52,420
Senator Christopher Lawrence T. Go: ay 500,000 na yata yung

3798
03:07:52,420 --> 03:07:54,300
Senator Christopher Lawrence T. Go: ikocover nila. But,

3799
03:07:54,300 --> 03:07:56,480
Senator Christopher Lawrence T. Go: that was decided December

3800
03:07:56,480 --> 03:07:56,840
Senator Christopher Lawrence T. Go: of

3801
03:07:56,960 --> 03:07:59,040
Senator Christopher Lawrence T. Go: 2024. Tapos na pong

3802
03:07:59,040 --> 03:08:00,540
Senator Christopher Lawrence T. Go: kinuha yung pondo na

3803
03:08:00,540 --> 03:08:03,200
Senator Christopher Lawrence T. Go: 60 billion noong July

3804
03:08:03,200 --> 03:08:05,180
Senator Christopher Lawrence T. Go: or June of 2024.

3805
03:08:05,360 --> 03:08:06,860
Senator Christopher Lawrence T. Go: Dahil nagpanik na po yung PhilHealth

3806
03:08:06,860 --> 03:08:08,940
Senator Christopher Lawrence T. Go: board. Nagmadali sila, tinaasan nila

3807
03:08:08,940 --> 03:08:11,120
Senator Christopher Lawrence T. Go: yung case rates, sinama nila yung

3808
03:08:11,120 --> 03:08:13,180
Senator Christopher Lawrence T. Go: check-up sa

3809
03:08:13,180 --> 03:08:14,820
Senator Christopher Lawrence T. Go: mata,

3810
03:08:16,000 --> 03:08:17,120
Senator Christopher Lawrence T. Go: at marami

3811
03:08:17,120 --> 03:08:18,900
Senator Christopher Lawrence T. Go: silang mga pulisiya po.

3812
03:08:19,460 --> 03:08:20,040
Senator Christopher Lawrence T. Go: Halimbawa,

3813
03:08:20,920 --> 03:08:22,220
Senator Christopher Lawrence T. Go: yung 45 days

3814
03:08:22,220 --> 03:08:24,100
Senator Christopher Lawrence T. Go: confinement policy nila.

3815
03:08:24,100 --> 03:08:26,400
Senator Christopher Lawrence T. Go: Na pag hanggang

3816
03:08:26,400 --> 03:08:28,640
Senator Christopher Lawrence T. Go: 45 days ka lang po ikocover ng PhilHealth.

3817
03:08:28,980 --> 03:08:30,320
Senator Christopher Lawrence T. Go: Ngayon, tinanggal na po nila yun.

3818
03:08:30,740 --> 03:08:31,840
Senator Christopher Lawrence T. Go: Tayo pong nakapansin nun.

3819
03:08:32,800 --> 03:08:34,300
Senator Christopher Lawrence T. Go: Yung single period of confinement

3820
03:08:34,300 --> 03:08:35,280
Senator Christopher Lawrence T. Go: policy nila na

3821
03:08:35,280 --> 03:08:38,120
Senator Christopher Lawrence T. Go: within 90 days, hindi ka pwedeng

3822
03:08:38,120 --> 03:08:40,500
Senator Christopher Lawrence T. Go: i-cover muli ng PhilHealth. So, tinanggal

3823
03:08:40,500 --> 03:08:42,080
Senator Christopher Lawrence T. Go: po nila yun noong December

3824
03:08:42,080 --> 03:08:44,660
Senator Christopher Lawrence T. Go: of 2024.

3825
03:08:45,500 --> 03:08:46,660
Senator Christopher Lawrence T. Go: Dahil nagpanik na po sila

3826
03:08:46,660 --> 03:08:48,120
Senator Christopher Lawrence T. Go: at galit na po yung tao.

3827
03:08:48,580 --> 03:08:50,280
Senator Christopher Lawrence T. Go: Sabi ko, sana ginawa nila yung mga

3828
03:08:50,280 --> 03:08:52,180
Senator Christopher Lawrence T. Go: changes nila, yung mga reforms nila.

3829
03:08:52,600 --> 03:08:53,860
Senator Christopher Lawrence T. Go: Tinanggal yung mga old

3830
03:08:53,860 --> 03:08:56,240
Senator Christopher Lawrence T. Go: policies nila na single period of

3831
03:08:56,240 --> 03:08:57,200
Senator Christopher Lawrence T. Go: confinement policy,

3832
03:08:58,000 --> 03:09:00,120
Senator Christopher Lawrence T. Go: ginawa nila noong January of

3833
03:09:00,120 --> 03:09:02,280
Senator Christopher Lawrence T. Go: 2024, wala sanang

3834
03:09:02,280 --> 03:09:03,680
Senator Christopher Lawrence T. Go: excess funds ang PhilHealth.

3835
03:09:04,120 --> 03:09:05,940
Senator Christopher Lawrence T. Go: Walang kukunin ang

3836
03:09:05,940 --> 03:09:08,440
Senator Christopher Lawrence T. Go: National Treasury. Walang kukunin

3837
03:09:08,440 --> 03:09:10,260
Senator Christopher Lawrence T. Go: po ang Department of

3838
03:09:10,260 --> 03:09:12,220
Senator Christopher Lawrence T. Go: Finance. Ang punto ko lang po

3839
03:09:12,220 --> 03:09:12,620
Senator Christopher Lawrence T. Go: dito,

3840
03:09:13,420 --> 03:09:16,260
Senator Christopher Lawrence T. Go: sir, kung ano po yung naayon sa batas

3841
03:09:16,260 --> 03:09:18,240
Senator Christopher Lawrence T. Go: na ilagay po natin

3842
03:09:18,240 --> 03:09:19,600
Senator Christopher Lawrence T. Go: na pondo para sa health.

3843
03:09:19,980 --> 03:09:21,360
Senator Christopher Lawrence T. Go: Kasi ako po yung naniniwala na

3844
03:09:21,360 --> 03:09:24,200
Senator Christopher Lawrence T. Go: ang PhilHealth po ay para sa health

3845
03:09:24,200 --> 03:09:25,680
Senator Christopher Lawrence T. Go: ng bawat

3846
03:09:26,240 --> 03:09:27,400
Senator Christopher Lawrence T. Go: Pilipino.

3847
03:09:28,200 --> 03:09:30,220
Senator Christopher Lawrence T. Go: At salamat rin po sa Supreme Court

3848
03:09:30,220 --> 03:09:31,900
Senator Christopher Lawrence T. Go: finally nakapag-decide sila.

3849
03:09:32,320 --> 03:09:33,420
Senator Christopher Lawrence T. Go: Ipinabalik po noong

3850
03:09:33,420 --> 03:09:35,300
Senator Christopher Lawrence T. Go: 2026 yung 60

3851
03:09:35,300 --> 03:09:37,300
Senator Christopher Lawrence T. Go: billion. Pero

3852
03:09:37,300 --> 03:09:38,920
Senator Christopher Lawrence T. Go: tingnan nyo po,

3853
03:09:40,600 --> 03:09:41,580
Senator Christopher Lawrence T. Go: dalawang taon po

3854
03:09:41,580 --> 03:09:42,960
Senator Christopher Lawrence T. Go: ang PhilHealth.

3855
03:09:43,940 --> 03:09:45,680
Senator Christopher Lawrence T. Go: Nabawasan sila ng 60 billion noong

3856
03:09:45,680 --> 03:09:47,960
Senator Christopher Lawrence T. Go: 2024, naging

3857
03:09:47,960 --> 03:09:50,040
Senator Christopher Lawrence T. Go: zero sila

3858
03:09:50,040 --> 03:09:51,380
Senator Christopher Lawrence T. Go: noong 2025.

3859
03:09:52,040 --> 03:09:54,000
Senator Christopher Lawrence T. Go: It was double whammy po ang nangyari

3860
03:09:54,000 --> 03:09:56,040
Senator Christopher Lawrence T. Go: sa PhilHealth. Sana

3861
03:09:56,040 --> 03:09:57,100
Senator Christopher Lawrence T. Go: po, Sekretary

3862
03:09:57,100 --> 03:10:00,000
Senator Christopher Lawrence T. Go: Frederick Goh,

3863
03:10:01,060 --> 03:10:02,360
Senator Christopher Lawrence T. Go: uncle.

3864
03:10:05,480 --> 03:10:06,000
Senator Christopher Lawrence T. Go: Hindi,

3865
03:10:06,220 --> 03:10:08,120
Senator Christopher Lawrence T. Go: gaw po ang, minsan biro ko

3866
03:10:08,120 --> 03:10:09,880
Senator Christopher Lawrence T. Go: sa kanya eh. Gaw,

3867
03:10:10,020 --> 03:10:11,120
Senator Christopher Lawrence T. Go: uncle na kita ngayon.

3868
03:10:12,020 --> 03:10:13,640
Senator Christopher Lawrence T. Go: Kasi tumanda ka na sa trabaho mo.

3869
03:10:14,440 --> 03:10:15,980
Senator Christopher Lawrence T. Go: Pero, masarap

3870
03:10:15,980 --> 03:10:17,960
Senator Christopher Lawrence T. Go: ang pakiramdam pag nakatulong ka

3871
03:10:17,960 --> 03:10:19,740
Senator Christopher Lawrence T. Go: para sa bayan mo, Sekretary

3872
03:10:19,740 --> 03:10:22,020
Senator Christopher Lawrence T. Go: Frederick. Sana po yung huwag maulit

3873
03:10:22,020 --> 03:10:23,920
Senator Christopher Lawrence T. Go: ito na kung ano po yung pondo para

3874
03:10:23,920 --> 03:10:25,920
Senator Christopher Lawrence T. Go: sa PhilHealth. Dahil marami pa po ang Pilipino.

3875
03:10:26,040 --> 03:10:28,060
Senator Christopher Lawrence T. Go: Mga kailangan. Tama yung sinabi nyo

3876
03:10:28,060 --> 03:10:29,980
Senator Christopher Lawrence T. Go: ngayon, ma'am. Ramdam na po natin.

3877
03:10:30,360 --> 03:10:31,780
Senator Christopher Lawrence T. Go: Marami na pong mga reforma

3878
03:10:31,780 --> 03:10:33,260
Senator Christopher Lawrence T. Go: na pinatanggal natin

3879
03:10:33,260 --> 03:10:36,040
Senator Christopher Lawrence T. Go: na tayo po nakapansin.

3880
03:10:37,920 --> 03:10:38,160
Senator Christopher Lawrence T. Go: At

3881
03:10:38,160 --> 03:10:40,020
Senator Christopher Lawrence T. Go: sulit po yung pangungulit natin

3882
03:10:40,020 --> 03:10:40,660
Senator Christopher Lawrence T. Go: sa PhilHealth.

3883
03:10:41,900 --> 03:10:43,920
Senator Christopher Lawrence T. Go: Yung 24-hour confinement

3884
03:10:43,920 --> 03:10:45,620
Senator Christopher Lawrence T. Go: policy, alam nyo po yun.

3885
03:10:46,360 --> 03:10:47,860
Senator Christopher Lawrence T. Go: Na kailangan mong ma-admit muna

3886
03:10:47,860 --> 03:10:49,040
Senator Christopher Lawrence T. Go: ng 24 hours

3887
03:10:49,040 --> 03:10:52,060
Senator Christopher Lawrence T. Go: bago ka-cover ng PhilHealth. Kalukuhan naman yun.

3888
03:10:52,820 --> 03:10:54,300
Senator Christopher Lawrence T. Go: Di ba? Sana gamitin mo

3889
03:10:54,300 --> 03:10:55,840
Senator Christopher Lawrence T. Go: na lang yung pera sa

3890
03:10:56,040 --> 03:10:58,120
Senator Christopher Lawrence T. Go: bili ng medisina kaysa ibayad mo sa kwarto.

3891
03:10:58,720 --> 03:11:00,120
Senator Christopher Lawrence T. Go: So marami silang nadiscovering

3892
03:11:00,120 --> 03:11:02,200
Senator Christopher Lawrence T. Go: mga pulisiyan na old policies

3893
03:11:02,200 --> 03:11:03,000
Senator Christopher Lawrence T. Go: ng PhilHealth

3894
03:11:03,000 --> 03:11:05,420
Senator Christopher Lawrence T. Go: na tinanggal nila

3895
03:11:05,420 --> 03:11:06,620
Senator Christopher Lawrence T. Go: ng December

3896
03:11:06,620 --> 03:11:10,380
Senator Christopher Lawrence T. Go: 2024 sa board meeting nila.

3897
03:11:10,600 --> 03:11:11,380
Senator Christopher Lawrence T. Go: Pero tapos na po.

3898
03:11:12,100 --> 03:11:12,920
Senator Christopher Lawrence T. Go: Kinuha na yung

3899
03:11:12,920 --> 03:11:15,880
Senator Christopher Lawrence T. Go: 60 billion. Salamat naman po

3900
03:11:15,880 --> 03:11:18,120
Senator Christopher Lawrence T. Go: at naibalik na yung 2026

3901
03:11:18,120 --> 03:11:19,060
Senator Christopher Lawrence T. Go: inutos po ng

3902
03:11:19,060 --> 03:11:22,040
Senator Christopher Lawrence T. Go: Pangulong Marcos na ibalik po siya.

3903
03:11:22,700 --> 03:11:24,220
Senator Christopher Lawrence T. Go: Kaya lang, kung titignan mong

3904
03:11:24,220 --> 03:11:26,020
Senator Christopher Lawrence T. Go: mabuti, I'm sure

3905
03:11:26,040 --> 03:11:27,520
Senator Christopher Lawrence T. Go: talino ka naman po sa

3906
03:11:27,520 --> 03:11:29,260
Senator Christopher Lawrence T. Go: Matt, Secretary

3907
03:11:29,260 --> 03:11:31,900
Senator Christopher Lawrence T. Go: Frederico. Mat-talino ang mga go eh

3908
03:11:31,900 --> 03:11:32,720
Senator Christopher Lawrence T. Go: sa Matt.

3909
03:11:33,720 --> 03:11:35,100
Senator Christopher Lawrence T. Go: Makikita nyo naman po na

3910
03:11:35,100 --> 03:11:37,840
Senator Christopher Lawrence T. Go: halos zero po yung

3911
03:11:37,840 --> 03:11:38,900
Senator Christopher Lawrence T. Go: 2024.

3912
03:11:40,000 --> 03:11:41,380
Senator Christopher Lawrence T. Go: Sipin nyo, 60 billion.

3913
03:11:42,540 --> 03:11:44,160
Senator Christopher Lawrence T. Go: 61 billion yung budget nila.

3914
03:11:47,520 --> 03:11:50,460
Senator Christopher Lawrence T. Go: 61.514 billion

3915
03:11:50,460 --> 03:11:52,020
Senator Christopher Lawrence T. Go: ang budget for 2024.

3916
03:11:53,020 --> 03:11:54,040
Senator Christopher Lawrence T. Go: Ang kinuha

3917
03:11:54,040 --> 03:11:55,120
Senator Christopher Lawrence T. Go: ng National Treasury

3918
03:11:55,120 --> 03:11:55,660
Senator Christopher Lawrence T. Go: ng

3919
03:11:56,040 --> 03:11:58,280
Senator Christopher Lawrence T. Go: 60 billion. Halos

3920
03:11:58,280 --> 03:12:00,640
Senator Christopher Lawrence T. Go: wala nang budget for 2024.

3921
03:12:01,880 --> 03:12:03,460
Senator Christopher Lawrence T. Go: 2025, zero

3922
03:12:03,460 --> 03:12:06,600
Senator Christopher Lawrence T. Go: ang inapurbahan ng Congress.

3923
03:12:07,600 --> 03:12:09,060
Senator Christopher Lawrence T. Go: So, double whammy po ito.

3924
03:12:09,680 --> 03:12:10,480
Senator Christopher Lawrence T. Go: Ilan po

3925
03:12:10,480 --> 03:12:12,920
Senator Christopher Lawrence T. Go: kayang pasyente ang makikinabang

3926
03:12:12,920 --> 03:12:14,460
Senator Christopher Lawrence T. Go: dito? Ilang buhay po kaya

3927
03:12:14,460 --> 03:12:16,780
Senator Christopher Lawrence T. Go: ang maisasalbar kung nagamit

3928
03:12:16,780 --> 03:12:17,860
Senator Christopher Lawrence T. Go: po yung pondo ng

3929
03:12:17,860 --> 03:12:19,260
Senator Christopher Lawrence T. Go: PhilHealth?

3930
03:12:20,720 --> 03:12:22,280
Senator Christopher Lawrence T. Go: Kawawa po yung mga Pilipino.

3931
03:12:22,280 --> 03:12:24,180
Senator Christopher Lawrence T. Go: Yung mga mahihirap nating kababayang

3932
03:12:24,180 --> 03:12:25,780
Senator Christopher Lawrence T. Go: Pilipino. So,

3933
03:12:26,040 --> 03:12:28,300
Senator Christopher Lawrence T. Go: salamat po sa PhilHealth. Salamat rin po

3934
03:12:28,300 --> 03:12:30,280
Senator Christopher Lawrence T. Go: sa inyong lahat na naibalik ito ngayong

3935
03:12:30,280 --> 03:12:32,480
Senator Christopher Lawrence T. Go: 2026

3936
03:12:32,480 --> 03:12:34,440
Senator Christopher Lawrence T. Go: sa utos po ng Pangulong

3937
03:12:34,440 --> 03:12:36,140
Senator Christopher Lawrence T. Go: Marcos. And hopefully sa

3938
03:12:36,140 --> 03:12:38,480
Senator Christopher Lawrence T. Go: 2027, pakibantayan nyo lang po

3939
03:12:38,480 --> 03:12:40,060
Senator Christopher Lawrence T. Go: ito na sana po

3940
03:12:40,060 --> 03:12:41,880
Senator Christopher Lawrence T. Go: according to

3941
03:12:41,880 --> 03:12:44,560
Senator Christopher Lawrence T. Go: itong syntax

3942
03:12:44,560 --> 03:12:46,420
Senator Christopher Lawrence T. Go: law na inapurbahan po natin dito

3943
03:12:46,420 --> 03:12:48,320
Senator Christopher Lawrence T. Go: sa Congress, kung ano yung nasa batas

3944
03:12:48,320 --> 03:12:50,220
Senator Christopher Lawrence T. Go: na 75.2 billion,

3945
03:12:51,060 --> 03:12:52,340
Senator Christopher Lawrence T. Go: yun rin po ang may bibigay

3946
03:12:52,340 --> 03:12:54,400
Senator Christopher Lawrence T. Go: sa PhilHealth. Of course,

3947
03:12:54,520 --> 03:12:55,480
Senator Christopher Lawrence T. Go: ang magbabantayan yan,

3948
03:12:56,040 --> 03:12:57,780
Senator Christopher Lawrence T. Go: ang champion po ng Universal

3949
03:12:57,780 --> 03:13:00,060
Senator Christopher Lawrence T. Go: Healthcare Law natin dito. Ito po

3950
03:13:00,060 --> 03:13:02,300
Senator Christopher Lawrence T. Go: yung ating chairperson.

3951
03:13:02,580 --> 03:13:03,680
Senator Christopher Lawrence T. Go: Timing po ito dahil

3952
03:13:03,680 --> 03:13:05,800
Senator Christopher Lawrence T. Go: yung UHC Law,

3953
03:13:06,200 --> 03:13:07,880
Senator Christopher Lawrence T. Go: siya po ang principal sponsor

3954
03:13:07,880 --> 03:13:09,620
Senator Christopher Lawrence T. Go: ng batas na yan. At

3955
03:13:09,620 --> 03:13:12,060
Senator Christopher Lawrence T. Go: kaya nga tayo inaprubahan

3956
03:13:12,060 --> 03:13:13,920
Senator Christopher Lawrence T. Go: dito sa syntax law, para

3957
03:13:13,920 --> 03:13:15,960
Senator Christopher Lawrence T. Go: kung ano yung intended na pondo po para

3958
03:13:15,960 --> 03:13:17,820
Senator Christopher Lawrence T. Go: sa PhilHealth, ay dapat po nasa PhilHealth.

3959
03:13:18,040 --> 03:13:20,060
Senator Christopher Lawrence T. Go: Gusto ko lang po i-share sa inyo kasi maring

3960
03:13:20,060 --> 03:13:22,400
Senator Christopher Lawrence T. Go: hindi nyo po ito napansin

3961
03:13:22,400 --> 03:13:24,160
Senator Christopher Lawrence T. Go: po, sir. Marami

3962
03:13:24,160 --> 03:13:25,440
Senator Christopher Lawrence T. Go: pong mapapakinabangan.

3963
03:13:26,040 --> 03:13:28,000
Senator Christopher Lawrence T. Go: Ang ating mga kababayan, lalong-lalo na po

3964
03:13:28,000 --> 03:13:30,400
Senator Christopher Lawrence T. Go: yung mga mahirap na wala pong ibang matakbuhan

3965
03:13:30,400 --> 03:13:31,480
Senator Christopher Lawrence T. Go: kung hindi tayo pong

3966
03:13:31,480 --> 03:13:33,940
Senator Christopher Lawrence T. Go: nasa gobyerno po.

3967
03:13:34,100 --> 03:13:35,980
Senator Christopher Lawrence T. Go: Importante rito yung proper

3968
03:13:35,980 --> 03:13:38,720
Senator Christopher Lawrence T. Go: earmarking po

3969
03:13:38,720 --> 03:13:40,220
Senator Christopher Lawrence T. Go: para sa PhilHealth

3970
03:13:40,220 --> 03:13:40,820
Senator Christopher Lawrence T. Go: dahil

3971
03:13:40,820 --> 03:13:43,700
Senator Christopher Lawrence T. Go: ang kalusugan po

3972
03:13:43,700 --> 03:13:45,920
Senator Christopher Lawrence T. Go: ng Pilipino ay katumbas yan ang buhay

3973
03:13:45,920 --> 03:13:47,120
Senator Christopher Lawrence T. Go: ng bawat Pilipino.

3974
03:13:48,440 --> 03:13:49,760
Senator Christopher Lawrence T. Go: For next year po itong

3975
03:13:49,760 --> 03:13:50,480
Senator Christopher Lawrence T. Go: 74

3976
03:13:50,480 --> 03:13:55,780
Senator Christopher Lawrence T. Go: 2027,

3977
03:13:56,040 --> 03:13:58,460
Senator Christopher Lawrence T. Go: 74 billion po.

3978
03:13:58,760 --> 03:14:00,720
Senator Christopher Lawrence T. Go: So medyo nag-match na po siya.

3979
03:14:02,420 --> 03:14:04,340
Senator Christopher Lawrence T. Go: Next question lang po.

3980
03:14:04,960 --> 03:14:06,200
Senator Christopher Lawrence T. Go: I also filed a bill,

3981
03:14:06,340 --> 03:14:08,280
Senator Christopher Lawrence T. Go: Senate Bill 1849.

3982
03:14:08,960 --> 03:14:10,260
Senator Christopher Lawrence T. Go: Ito pong abolishing the

3983
03:14:10,260 --> 03:14:11,120
Senator Christopher Lawrence T. Go: travel tax.

3984
03:14:12,420 --> 03:14:14,320
Senator Christopher Lawrence T. Go: The government currently collects

3985
03:14:14,320 --> 03:14:16,320
Senator Christopher Lawrence T. Go: a 1,620

3986
03:14:17,220 --> 03:14:18,340
Senator Christopher Lawrence T. Go: travel tax from

3987
03:14:18,340 --> 03:14:20,340
Senator Christopher Lawrence T. Go: economy plus passengers

3988
03:14:20,340 --> 03:14:22,360
Senator Christopher Lawrence T. Go: departing the Philippines

3989
03:14:22,360 --> 03:14:23,740
Senator Christopher Lawrence T. Go: on international flights.

3990
03:14:23,880 --> 03:14:26,020
Senator Christopher Lawrence T. Go: Importante po pagkaanin,

3991
03:14:26,040 --> 03:14:28,360
Senator Christopher Lawrence T. Go: natin ang pasanin ng ating mga kababayan

3992
03:14:28,360 --> 03:14:30,320
Senator Christopher Lawrence T. Go: lalo na po yung mga Pilipinong

3993
03:14:30,320 --> 03:14:31,400
Senator Christopher Lawrence T. Go: gustong maglakbay.

3994
03:14:32,420 --> 03:14:33,880
Senator Christopher Lawrence T. Go: Travel tax has been

3995
03:14:33,880 --> 03:14:36,020
Senator Christopher Lawrence T. Go: an additional burden for travelers.

3996
03:14:36,840 --> 03:14:38,240
Senator Christopher Lawrence T. Go: Pero sa OFWs natin

3997
03:14:38,240 --> 03:14:39,640
Senator Christopher Lawrence T. Go: ang exempted naman po sila.

3998
03:14:40,420 --> 03:14:42,060
Senator Christopher Lawrence T. Go: For example, a family of four

3999
03:14:42,060 --> 03:14:43,800
Senator Christopher Lawrence T. Go: would pay a total of

4000
03:14:43,800 --> 03:14:46,420
Senator Christopher Lawrence T. Go: 6,480 in travel tax.

4001
03:14:46,940 --> 03:14:48,040
Senator Christopher Lawrence T. Go: This amount could have been

4002
03:14:48,040 --> 03:14:50,220
Senator Christopher Lawrence T. Go: used instead for travel insurance,

4003
03:14:50,840 --> 03:14:52,060
Senator Christopher Lawrence T. Go: accommodations, or other

4004
03:14:52,060 --> 03:14:53,960
Senator Christopher Lawrence T. Go: family needs. This could make

4005
03:14:53,960 --> 03:14:55,960
Senator Christopher Lawrence T. Go: a difference in the quality of

4006
03:14:55,960 --> 03:14:59,260
Senator Christopher Lawrence T. Go: a Filipino family's

4007
03:14:59,260 --> 03:15:00,000
Senator Christopher Lawrence T. Go: travel experience.

4008
03:15:00,000 --> 03:15:03,520
Senator Christopher Lawrence T. Go: ano bang position ninyo dito

4009
03:15:03,520 --> 03:15:07,520
Senator Christopher Lawrence T. Go: Secretary Goh

4010
03:15:07,520 --> 03:15:09,480
Senator Christopher Lawrence T. Go: at before you answer that

4011
03:15:09,480 --> 03:15:11,280
Senator Christopher Lawrence T. Go: tulungan mo rin sana

4012
03:15:11,280 --> 03:15:13,740
Senator Christopher Lawrence T. Go: aside from this travel tax

4013
03:15:13,740 --> 03:15:15,100
Senator Christopher Lawrence T. Go: kung sakaling may isa batas ito

4014
03:15:15,100 --> 03:15:17,380
Senator Christopher Lawrence T. Go: kailangan mo nang sundin

4015
03:15:17,380 --> 03:15:19,900
Senator Christopher Lawrence T. Go: pero ano bang position ninyo dito

4016
03:15:19,900 --> 03:15:21,840
Senator Christopher Lawrence T. Go: at meron pong isa pa

4017
03:15:21,840 --> 03:15:24,980
Senator Christopher Lawrence T. Go: kahapon lang namin ito na-discuss

4018
03:15:24,980 --> 03:15:26,980
Senator Christopher Lawrence T. Go: na plano po ng

4019
03:15:26,980 --> 03:15:30,120
Senator Christopher Lawrence T. Go: itong Department of

4020
03:15:30,120 --> 03:15:32,420
Senator Christopher Lawrence T. Go: Foreign Affairs

4021
03:15:32,420 --> 03:15:33,520
Senator Christopher Lawrence T. Go: or through APO

4022
03:15:33,520 --> 03:15:36,360
Senator Christopher Lawrence T. Go: itong APO Production Unit

4023
03:15:36,360 --> 03:15:37,700
Senator Christopher Lawrence T. Go: na taasan po ang

4024
03:15:37,700 --> 03:15:42,680
Senator Christopher Lawrence T. Go: passport processing fee

4025
03:15:42,680 --> 03:15:46,100
Senator Christopher Lawrence T. Go: from 950 to 1,500

4026
03:15:46,100 --> 03:15:49,380
Senator Christopher Lawrence T. Go: mas lalo pong pabigat ito

4027
03:15:49,380 --> 03:15:51,800
Senator Christopher Lawrence T. Go: Secretary Goh

4028
03:15:51,800 --> 03:15:54,500
Senator Christopher Lawrence T. Go: dahil bawat piso, bawat sentimo

4029
03:15:54,500 --> 03:15:55,960
Senator Christopher Lawrence T. Go: ay napakahalaga po sa mga

4030
03:15:55,960 --> 03:15:56,680
Senator Christopher Lawrence T. Go: ordinaryong Pilipinas

4031
03:15:56,980 --> 03:15:58,360
Senator Christopher Lawrence T. Go: na nagta-travel po

4032
03:15:58,360 --> 03:15:59,400
Senator Christopher Lawrence T. Go: sa totoo lamang po

4033
03:15:59,400 --> 03:16:00,920
Senator Christopher Lawrence T. Go: mabigat po yung additional

4034
03:16:00,920 --> 03:16:05,600
Senator Christopher Lawrence T. Go: na passport processing fee

4035
03:16:05,600 --> 03:16:07,880
Senator Christopher Lawrence T. Go: kung sakaling i-increase nila ito

4036
03:16:07,880 --> 03:16:10,340
Senator Christopher Lawrence T. Go: kaya po, nakiusap nga po ako

4037
03:16:10,340 --> 03:16:12,660
Senator Christopher Lawrence T. Go: kahapon kay Secretary Kakdak

4038
03:16:12,660 --> 03:16:14,920
Senator Christopher Lawrence T. Go: at papakiusapan raw niya

4039
03:16:14,920 --> 03:16:16,100
Senator Christopher Lawrence T. Go: si Secretary

4040
03:16:16,100 --> 03:16:17,840
Senator Christopher Lawrence T. Go: Lazaro

4041
03:16:17,840 --> 03:16:20,360
Senator Christopher Lawrence T. Go: or ang Office of the President

4042
03:16:20,360 --> 03:16:22,320
Senator Christopher Lawrence T. Go: dahil itong GOCC na APO

4043
03:16:22,320 --> 03:16:22,960
Senator Christopher Lawrence T. Go: is under

4044
03:16:22,960 --> 03:16:23,960
Senator Christopher Lawrence T. Go: the

4045
03:16:23,960 --> 03:16:24,120
Senator Christopher Lawrence T. Go: GOCC

4046
03:16:24,120 --> 03:16:26,120
Senator Christopher Lawrence T. Go: or the

4047
03:16:26,980 --> 03:16:27,820
Senator Christopher Lawrence T. Go: OCC po ito

4048
03:16:27,820 --> 03:16:29,820
Senator Christopher Lawrence T. Go: under the Office of the President

4049
03:16:29,820 --> 03:16:31,820
Senator Christopher Lawrence T. Go: baka pwede niyo pong pagtulungan

4050
03:16:31,820 --> 03:16:33,820
Senator Christopher Lawrence T. Go: ni Secretary Kakdak

4051
03:16:33,820 --> 03:16:35,820
Senator Christopher Lawrence T. Go: Secretary Goh na

4052
03:16:35,820 --> 03:16:37,820
Senator Christopher Lawrence T. Go: huwag muna sanang mag-increase

4053
03:16:37,820 --> 03:16:39,820
Senator Christopher Lawrence T. Go: itong

4054
03:16:39,820 --> 03:16:41,820
Senator Christopher Lawrence T. Go: passport fee

4055
03:16:41,820 --> 03:16:43,820
Senator Christopher Lawrence T. Go: or passport processing fee

4056
03:16:43,820 --> 03:16:45,820
Senator Christopher Lawrence T. Go: yun lang, pakiuna

4057
03:16:45,820 --> 03:16:47,820
Senator Christopher Lawrence T. Go: pakisagot muna itong

4058
03:16:47,820 --> 03:16:49,820
Senator Christopher Lawrence T. Go: matulungan niyo ba kami and then

4059
03:16:49,820 --> 03:16:51,820
Senator Christopher Lawrence T. Go: puntahan po natin itong travel tax

4060
03:16:51,820 --> 03:16:53,820
DOF Secretary Frederick D. Go: Mr. Chair

4061
03:16:53,820 --> 03:16:56,820
DOF Secretary Frederick D. Go: una sa lahat gusto kong mag-

4062
03:16:56,980 --> 03:16:58,580
DOF Secretary Frederick D. Go: express ng aking lubos na

4063
03:16:58,580 --> 03:17:01,460
DOF Secretary Frederick D. Go: pagsasalamat kay Senator Bong Go

4064
03:17:01,460 --> 03:17:02,820
DOF Secretary Frederick D. Go: sa lahat ng

4065
03:17:02,820 --> 03:17:04,060
DOF Secretary Frederick D. Go: introduction nya

4066
03:17:04,060 --> 03:17:05,680
DOF Secretary Frederick D. Go: kanina nang sinabi nyong

4067
03:17:05,680 --> 03:17:07,860
DOF Secretary Frederick D. Go: support ninyo sa Department of Finance

4068
03:17:07,860 --> 03:17:09,580
DOF Secretary Frederick D. Go: maraming maraming salamat po

4069
03:17:09,580 --> 03:17:11,660
DOF Secretary Frederick D. Go: dun Senator Bong Go

4070
03:17:11,660 --> 03:17:12,980
DOF Secretary Frederick D. Go: at

4071
03:17:12,980 --> 03:17:14,280
DOF Secretary Frederick D. Go: second po

4072
03:17:14,280 --> 03:17:17,980
DOF Secretary Frederick D. Go: I completely recognized that you are the most

4073
03:17:17,980 --> 03:17:19,740
DOF Secretary Frederick D. Go: popular advocate of health

4074
03:17:19,740 --> 03:17:21,740
DOF Secretary Frederick D. Go: in the entire legislature

4075
03:17:21,740 --> 03:17:23,740
DOF Secretary Frederick D. Go: so I completely

4076
03:17:23,740 --> 03:17:26,820
DOF Secretary Frederick D. Go: sympathize and understand the concerns that you raised

4077
03:17:26,820 --> 03:17:28,240
DOF Secretary Frederick D. Go: regarding PhilHealth.

4078
03:17:30,040 --> 03:17:30,980
DOF Secretary Frederick D. Go: Third po,

4079
03:17:31,360 --> 03:17:34,620
DOF Secretary Frederick D. Go: since na-decision na po yan

4080
03:17:34,620 --> 03:17:35,400
DOF Secretary Frederick D. Go: ng Supreme Court,

4081
03:17:35,880 --> 03:17:38,660
DOF Secretary Frederick D. Go: I believe it will never happen again.

4082
03:17:39,520 --> 03:17:41,080
DOF Secretary Frederick D. Go: And if I may just say,

4083
03:17:41,720 --> 03:17:43,060
DOF Secretary Frederick D. Go: at least,

4084
03:17:43,340 --> 03:17:44,900
DOF Secretary Frederick D. Go: ang pagbalik ng 60 billion po

4085
03:17:44,900 --> 03:17:46,380
DOF Secretary Frederick D. Go: sa PhilHealth ay nangyari po

4086
03:17:46,380 --> 03:17:47,740
DOF Secretary Frederick D. Go: nung panahon ko na dito sa

4087
03:17:47,740 --> 03:17:49,560
DOF Secretary Frederick D. Go: Department of Finance.

4088
03:17:51,160 --> 03:17:52,080
DOF Secretary Frederick D. Go: Pangapat po,

4089
03:17:52,800 --> 03:17:55,180
DOF Secretary Frederick D. Go: ang may tutulong po nang namin sa inyo

4090
03:17:55,180 --> 03:17:57,360
DOF Secretary Frederick D. Go: dito sa earmarking

4091
03:17:57,360 --> 03:17:59,400
DOF Secretary Frederick D. Go: ay ang Department of Finance

4092
03:17:59,400 --> 03:18:00,420
DOF Secretary Frederick D. Go: can certify

4093
03:18:00,420 --> 03:18:03,640
DOF Secretary Frederick D. Go: the revenues generated

4094
03:18:03,640 --> 03:18:06,780
DOF Secretary Frederick D. Go: that are being earmarked for

4095
03:18:06,780 --> 03:18:08,400
DOF Secretary Frederick D. Go: PhilHealth.

4096
03:18:10,020 --> 03:18:13,180
DOF Secretary Frederick D. Go: Sa DBM na po yung ang pag-

4097
03:18:13,180 --> 03:18:14,840
DOF Secretary Frederick D. Go: finalize ng

4098
03:18:14,840 --> 03:18:17,020
DOF Secretary Frederick D. Go: National Expenditure Program.

4099
03:18:17,560 --> 03:18:19,280
DOF Secretary Frederick D. Go: Pero pwede po namin ibigay sa inyo

4100
03:18:19,280 --> 03:18:21,120
DOF Secretary Frederick D. Go: yung impormasyon kung ano talaga

4101
03:18:21,120 --> 03:18:23,580
DOF Secretary Frederick D. Go: ang revenues ng gobyerno

4102
03:18:23,580 --> 03:18:24,580
DOF Secretary Frederick D. Go: regarding SYNTAX.

4103
03:18:25,180 --> 03:18:27,360
DOF Secretary Frederick D. Go: For example,

4104
03:18:28,360 --> 03:18:32,320
DOF Secretary Frederick D. Go: Number five po,

4105
03:18:32,560 --> 03:18:34,800
DOF Secretary Frederick D. Go: supporta po kami sa pagtanggal

4106
03:18:34,800 --> 03:18:36,140
DOF Secretary Frederick D. Go: ng travel tax.

4107
03:18:36,720 --> 03:18:38,920
DOF Secretary Frederick D. Go: The Department of Finance has officially

4108
03:18:38,920 --> 03:18:40,560
DOF Secretary Frederick D. Go: transmitted our position

4109
03:18:40,560 --> 03:18:42,180
DOF Secretary Frederick D. Go: to the legislature,

4110
03:18:42,660 --> 03:18:43,500
DOF Secretary Frederick D. Go: including the Senate,

4111
03:18:43,980 --> 03:18:45,860
DOF Secretary Frederick D. Go: in the Senate hearing,

4112
03:18:46,040 --> 03:18:48,300
DOF Secretary Frederick D. Go: that we support the abolishment

4113
03:18:48,300 --> 03:18:50,920
DOF Secretary Frederick D. Go: of travel tax

4114
03:18:50,920 --> 03:18:52,440
DOF Secretary Frederick D. Go: for all the reasons

4115
03:18:52,440 --> 03:18:54,600
DOF Secretary Frederick D. Go: you mentioned earlier po.

4116
03:18:54,600 --> 03:18:55,460
Senator Christopher Lawrence T. Go: Promise, ha?

4117
03:18:55,800 --> 03:18:56,660
DOF Secretary Frederick D. Go: Yes, we support.

4118
03:18:57,540 --> 03:18:58,340
DOF Secretary Frederick D. Go: For the record,

4119
03:18:58,620 --> 03:19:00,380
DOF Secretary Frederick D. Go: the Department of Finance supports

4120
03:19:00,380 --> 03:19:03,440
DOF Secretary Frederick D. Go: the removal or

4121
03:19:03,440 --> 03:19:05,980
DOF Secretary Frederick D. Go: abolishing the travel tax.

4122
03:19:06,840 --> 03:19:08,280
Senator Christopher Lawrence T. Go: Salamat. Malaking bagay po yun

4123
03:19:08,280 --> 03:19:09,140
Senator Christopher Lawrence T. Go: dahil sabi ko nga,

4124
03:19:09,220 --> 03:19:10,980
Senator Christopher Lawrence T. Go: bawat piso, bawat sentimo po

4125
03:19:10,980 --> 03:19:13,320
Senator Christopher Lawrence T. Go: ay napakalaga sa ordinaryong

4126
03:19:13,320 --> 03:19:14,500
Senator Christopher Lawrence T. Go: Pilipino na

4127
03:19:14,500 --> 03:19:16,460
Senator Christopher Lawrence T. Go: nais rin pong makapag-travel.

4128
03:19:16,880 --> 03:19:17,820
Senator Christopher Lawrence T. Go: Going back to my,

4129
03:19:18,340 --> 03:19:20,280
Senator Christopher Lawrence T. Go: yung nabanggit ko kanina about the

4130
03:19:20,280 --> 03:19:22,300
Senator Christopher Lawrence T. Go: passport processing fee,

4131
03:19:22,300 --> 03:19:24,420
Senator Christopher Lawrence T. Go: baka matulungan nyo rin po na

4132
03:19:24,420 --> 03:19:26,140
Senator Christopher Lawrence T. Go: ipagpaliban muna at huwag mo nang

4133
03:19:26,140 --> 03:19:27,160
Senator Christopher Lawrence T. Go: i-increase ang

4134
03:19:27,160 --> 03:19:30,680
Senator Christopher Lawrence T. Go: itong passport processing fee.

4135
03:19:30,760 --> 03:19:31,640
Senator Christopher Lawrence T. Go: Mabigat po ito,

4136
03:19:31,880 --> 03:19:33,100
Senator Christopher Lawrence T. Go: Secretary Frederico.

4137
03:19:34,500 --> 03:19:35,980
DOF Secretary Frederick D. Go: Mr. Chair, Mr. Senator,

4138
03:19:36,640 --> 03:19:38,560
DOF Secretary Frederick D. Go: I'm a big believer that

4139
03:19:38,560 --> 03:19:41,540
DOF Secretary Frederick D. Go: that there are many

4140
03:19:41,540 --> 03:19:43,960
DOF Secretary Frederick D. Go: ways to become more efficient

4141
03:19:43,960 --> 03:19:46,220
DOF Secretary Frederick D. Go: in government, which is why po,

4142
03:19:46,260 --> 03:19:48,400
DOF Secretary Frederick D. Go: if you will allow me, I'm very proud of

4143
03:19:48,400 --> 03:19:50,640
DOF Secretary Frederick D. Go: some members here of my team,

4144
03:19:50,640 --> 03:19:52,800
DOF Secretary Frederick D. Go: like I want to mention, say the SEC.

4145
03:19:53,700 --> 03:19:54,400
DOF Secretary Frederick D. Go: Nung nababagay,

4146
03:19:54,420 --> 03:19:56,780
DOF Secretary Frederick D. Go: umupo po si Chairman Francis Lim.

4147
03:19:56,920 --> 03:19:57,740
DOF Secretary Frederick D. Go: We worked together

4148
03:19:57,740 --> 03:20:00,380
DOF Secretary Frederick D. Go: and we determined how we can actually

4149
03:20:00,380 --> 03:20:02,340
DOF Secretary Frederick D. Go: reduce fees.

4150
03:20:03,140 --> 03:20:04,480
DOF Secretary Frederick D. Go: So the registration of

4151
03:20:04,480 --> 03:20:06,940
DOF Secretary Frederick D. Go: MSMEs at the SEC,

4152
03:20:07,180 --> 03:20:08,120
DOF Secretary Frederick D. Go: we reduced the fees.

4153
03:20:08,240 --> 03:20:09,660
DOF Secretary Frederick D. Go: Binaba po natin yung fees.

4154
03:20:10,380 --> 03:20:12,700
DOF Secretary Frederick D. Go: Kaya siguro yung mga tao, sanay na sanay na

4155
03:20:12,700 --> 03:20:14,660
DOF Secretary Frederick D. Go: nasa gobyerno, every year

4156
03:20:14,660 --> 03:20:16,060
DOF Secretary Frederick D. Go: or every two years, every three years,

4157
03:20:16,240 --> 03:20:18,520
DOF Secretary Frederick D. Go: nagtataas tayo ng fees.

4158
03:20:19,240 --> 03:20:20,860
DOF Secretary Frederick D. Go: Kung hindi naman kailangan,

4159
03:20:21,060 --> 03:20:22,720
DOF Secretary Frederick D. Go: bakit pa tayo mag-i-increase

4160
03:20:22,720 --> 03:20:23,300
DOF Secretary Frederick D. Go: ng fees?

4161
03:20:24,420 --> 03:20:26,760
DOF Secretary Frederick D. Go: Dito rin po sa Bureau of Customs,

4162
03:20:26,860 --> 03:20:28,600
DOF Secretary Frederick D. Go: dati po yung accreditation ng

4163
03:20:28,600 --> 03:20:29,580
DOF Secretary Frederick D. Go: Customs Brokers,

4164
03:20:30,420 --> 03:20:32,680
DOF Secretary Frederick D. Go: annual po yun. Every year,

4165
03:20:32,880 --> 03:20:33,640
DOF Secretary Frederick D. Go: so talagang

4166
03:20:33,640 --> 03:20:36,180
DOF Secretary Frederick D. Go: maraming trabaho yan eh.

4167
03:20:36,440 --> 03:20:38,460
DOF Secretary Frederick D. Go: Pag re-renew ng yung lisensya

4168
03:20:38,460 --> 03:20:40,480
DOF Secretary Frederick D. Go: at every year magbabayad ka po ng

4169
03:20:40,480 --> 03:20:42,540
DOF Secretary Frederick D. Go: Brokers Accreditation Fee.

4170
03:20:42,620 --> 03:20:44,460
DOF Secretary Frederick D. Go: Ang ginawa po namin dyan, every

4171
03:20:44,460 --> 03:20:46,320
DOF Secretary Frederick D. Go: three years na. Tapos,

4172
03:20:47,020 --> 03:20:48,580
DOF Secretary Frederick D. Go: ang equivalent ng babayaran mong

4173
03:20:48,580 --> 03:20:50,020
DOF Secretary Frederick D. Go: fees, binawasan pa namin.

4174
03:20:50,540 --> 03:20:51,020
DOF Secretary Frederick D. Go: So ngayon,

4175
03:20:52,240 --> 03:20:54,220
DOF Secretary Frederick D. Go: hindi ka na ma-madidistribute

4176
03:20:54,420 --> 03:20:56,160
DOF Secretary Frederick D. Go: Torbo, every year, pangalawa,

4177
03:20:56,360 --> 03:20:58,560
DOF Secretary Frederick D. Go: mas mura pa ang pag-accredit

4178
03:20:58,560 --> 03:21:00,380
DOF Secretary Frederick D. Go: ng Brokers Fees.

4179
03:21:00,540 --> 03:21:02,400
DOF Secretary Frederick D. Go: Kaya po, I'm

4180
03:21:02,400 --> 03:21:04,480
DOF Secretary Frederick D. Go: quite proud na

4181
03:21:04,480 --> 03:21:06,560
DOF Secretary Frederick D. Go: dito kami sa DOF

4182
03:21:06,560 --> 03:21:08,660
DOF Secretary Frederick D. Go: at yung family namin.

4183
03:21:08,800 --> 03:21:10,220
DOF Secretary Frederick D. Go: Naghanap kami ng mga paraan

4184
03:21:10,220 --> 03:21:12,640
DOF Secretary Frederick D. Go: kung paano maibaba ang cost

4185
03:21:12,640 --> 03:21:14,460
DOF Secretary Frederick D. Go: of transacting

4186
03:21:14,460 --> 03:21:16,720
DOF Secretary Frederick D. Go: with the government. Sa land bank po,

4187
03:21:16,780 --> 03:21:18,060
DOF Secretary Frederick D. Go: kung pwede ko lang banggitin,

4188
03:21:18,240 --> 03:21:19,860
DOF Secretary Frederick D. Go: Mr. Chair, Mr. Senator,

4189
03:21:20,720 --> 03:21:22,200
DOF Secretary Frederick D. Go: tayo po ang nag-umpisa noong

4190
03:21:22,200 --> 03:21:23,220
DOF Secretary Frederick D. Go: May of this year.

4191
03:21:24,420 --> 03:21:26,760
DOF Secretary Frederick D. Go: Nabi ko sa land bank, bakit kapag nagpapadala

4192
03:21:26,760 --> 03:21:28,360
DOF Secretary Frederick D. Go: ka ng pera sa

4193
03:21:28,360 --> 03:21:30,340
DOF Secretary Frederick D. Go: Instapay or Banknet, ang charges

4194
03:21:30,340 --> 03:21:32,520
DOF Secretary Frederick D. Go: 10 pesos, 20 pesos, 30 pesos.

4195
03:21:33,000 --> 03:21:34,580
DOF Secretary Frederick D. Go: So kinausap ko sa land bank kung

4196
03:21:34,580 --> 03:21:36,720
DOF Secretary Frederick D. Go: pwede nating babaan yan. So nagbaba

4197
03:21:36,720 --> 03:21:38,780
DOF Secretary Frederick D. Go: po kami sa land bank from 15 pesos

4198
03:21:38,780 --> 03:21:39,660
DOF Secretary Frederick D. Go: to 8 pesos

4199
03:21:39,660 --> 03:21:42,520
DOF Secretary Frederick D. Go: ang transaction fee. Ngayon po,

4200
03:21:43,340 --> 03:21:44,120
DOF Secretary Frederick D. Go: in September,

4201
03:21:44,940 --> 03:21:46,860
DOF Secretary Frederick D. Go: the top 10 banks in the Philippines

4202
03:21:46,860 --> 03:21:48,620
DOF Secretary Frederick D. Go: do not charge for

4203
03:21:48,620 --> 03:21:50,420
DOF Secretary Frederick D. Go: any digital transaction po.

4204
03:21:51,260 --> 03:21:51,880
DOF Secretary Frederick D. Go: The banks, ha?

4205
03:21:52,940 --> 03:21:54,140
Senator Christopher Lawrence T. Go: Ibig mo sabihin,

4206
03:21:54,420 --> 03:21:56,260
Senator Christopher Lawrence T. Go: you are keen on reducing

4207
03:21:56,260 --> 03:21:57,190
Senator Christopher Lawrence T. Go: fees.

4208
03:21:57,190 --> 03:21:57,700
DOF Secretary Frederick D. Go: Yes, sir.

4209
03:21:58,300 --> 03:22:00,200
Senator Christopher Lawrence T. Go: And mas streamlined

4210
03:22:00,200 --> 03:22:02,740
Senator Christopher Lawrence T. Go: processes, yun ang gusto mo.

4211
03:22:03,120 --> 03:22:04,700
Senator Christopher Lawrence T. Go: So salamat po.

4212
03:22:05,200 --> 03:22:06,060
Senator Christopher Lawrence T. Go: At ibig sabihin,

4213
03:22:06,220 --> 03:22:08,320
Senator Christopher Lawrence T. Go: supportado mo rin po na huwag magtaas

4214
03:22:08,320 --> 03:22:10,360
Senator Christopher Lawrence T. Go: ng passport

4215
03:22:10,360 --> 03:22:12,000
Senator Christopher Lawrence T. Go: processing fee. Am I correct?

4216
03:22:12,700 --> 03:22:14,320
DOF Secretary Frederick D. Go: If I may just qualify that

4217
03:22:14,320 --> 03:22:16,480
DOF Secretary Frederick D. Go: I have not talked to them, so I do not

4218
03:22:16,480 --> 03:22:18,580
DOF Secretary Frederick D. Go: know why they're increasing fees.

4219
03:22:19,000 --> 03:22:20,480
DOF Secretary Frederick D. Go: But I believe that there are a lot

4220
03:22:20,480 --> 03:22:22,380
DOF Secretary Frederick D. Go: of inefficiencies that can

4221
03:22:22,380 --> 03:22:24,340
DOF Secretary Frederick D. Go: be improved. At kung maka-improve

4222
03:22:24,340 --> 03:22:26,500
DOF Secretary Frederick D. Go: ka na efficiency, dapat magbawas ka pa nga

4223
03:22:26,500 --> 03:22:26,880
DOF Secretary Frederick D. Go: ng charges.

4224
03:22:26,880 --> 03:22:29,980
Senator Christopher Lawrence T. Go: I-suggest mo sa kanila, Sekretary, ha?

4225
03:22:30,340 --> 03:22:31,340
DOF Secretary Frederick D. Go: Hindi ko pa nakikita.

4226
03:22:32,120 --> 03:22:34,120
Senator Joseph Victor "JV" G. Ejercito: Baka pwede mong kausapin sila,

4227
03:22:34,280 --> 03:22:36,400
Senator Joseph Victor "JV" G. Ejercito: Sekretary Frederico. Actually, if I may

4228
03:22:36,400 --> 03:22:38,520
Senator Joseph Victor "JV" G. Ejercito: interject, I think it's more

4229
03:22:38,520 --> 03:22:40,280
Senator Joseph Victor "JV" G. Ejercito: of an issue. It is

4230
03:22:40,280 --> 03:22:41,560
Senator Joseph Victor "JV" G. Ejercito: cost of production.

4231
03:22:42,200 --> 03:22:43,480
Senator Joseph Victor "JV" G. Ejercito: It's APO that wrote

4232
03:22:43,480 --> 03:22:46,100
Senator Joseph Victor "JV" G. Ejercito: this committee and the DFA

4233
03:22:46,100 --> 03:22:47,740
Senator Joseph Victor "JV" G. Ejercito: that they can no longer

4234
03:22:47,740 --> 03:22:50,140
Senator Joseph Victor "JV" G. Ejercito: ang problema, baka mag-stop sila ng production

4235
03:22:50,140 --> 03:22:52,060
Senator Joseph Victor "JV" G. Ejercito: next year if they don't increase.

4236
03:22:52,220 --> 03:22:54,180
Senator Joseph Victor "JV" G. Ejercito: So yun yung ayaw natin na magmulat

4237
03:22:54,180 --> 03:22:56,060
Senator Joseph Victor "JV" G. Ejercito: wala tayo ng passports because more

4238
03:22:56,060 --> 03:22:58,380
Senator Joseph Victor "JV" G. Ejercito: OFWs will be affected.

4239
03:22:58,580 --> 03:23:00,060
Senator Joseph Victor "JV" G. Ejercito: Kaya nga, of course, tama yung

4240
03:23:00,060 --> 03:23:01,680
Senator Joseph Victor "JV" G. Ejercito: sinasabing sa Bongo, we do not want

4241
03:23:01,680 --> 03:23:04,080
Senator Joseph Victor "JV" G. Ejercito: additional burden lalo sa OFWs

4242
03:23:04,080 --> 03:23:05,980
Senator Joseph Victor "JV" G. Ejercito: natin. Yung 950 to

4243
03:23:05,980 --> 03:23:08,240
Senator Joseph Victor "JV" G. Ejercito: 1.5 na proposal, it's too much.

4244
03:23:08,400 --> 03:23:10,080
Senator Joseph Victor "JV" G. Ejercito: But that's why we asked

4245
03:23:10,080 --> 03:23:12,360
Senator Joseph Victor "JV" G. Ejercito: the Department of Foreign Affairs

4246
03:23:12,360 --> 03:23:13,560
Senator Joseph Victor "JV" G. Ejercito: to resolve this issue.

4247
03:23:15,140 --> 03:23:16,220
Senator Joseph Victor "JV" G. Ejercito: Kung pwedeng

4248
03:23:16,220 --> 03:23:18,080
Senator Joseph Victor "JV" G. Ejercito: may ayos. Kasi 10 years na raw

4249
03:23:18,080 --> 03:23:19,620
Senator Joseph Victor "JV" G. Ejercito: yata silang hindi nakapag-increase. So

4250
03:23:19,620 --> 03:23:21,480
Senator Joseph Victor "JV" G. Ejercito: we're hoping that we can have

4251
03:23:21,480 --> 03:23:23,840
Senator Joseph Victor "JV" G. Ejercito: a solution to this problem.

4252
03:23:24,180 --> 03:23:25,880
Senator Joseph Victor "JV" G. Ejercito: Kasi we do not want the OFWs to be

4253
03:23:25,880 --> 03:23:28,120
Senator Joseph Victor "JV" G. Ejercito: burdened as well with this increase.

4254
03:23:28,680 --> 03:23:29,740
Senator Joseph Victor "JV" G. Ejercito: We're not sure that we will

4255
03:23:29,740 --> 03:23:31,140
Senator Joseph Victor "JV" G. Ejercito: do our part as well.

4256
03:23:32,020 --> 03:23:32,860
Senator Christopher Lawrence T. Go: Maalalan nyo po,

4257
03:23:33,960 --> 03:23:35,520
Senator Christopher Lawrence T. Go: Mr. Chair, Secretary Goh,

4258
03:23:36,060 --> 03:23:36,860
Senator Christopher Lawrence T. Go: maalalan nyo na

4259
03:23:36,860 --> 03:23:39,520
Senator Christopher Lawrence T. Go: yung

4260
03:23:39,520 --> 03:23:41,300
Senator Christopher Lawrence T. Go: validity ng passport

4261
03:23:41,300 --> 03:23:44,040
Senator Christopher Lawrence T. Go: nung panahon ni former President Duterte

4262
03:23:44,040 --> 03:23:45,840
Senator Christopher Lawrence T. Go: from 5 years, ginawa po

4263
03:23:45,840 --> 03:23:47,580
Senator Christopher Lawrence T. Go: nating 10 years.

4264
03:23:47,940 --> 03:23:49,180
Senator Christopher Lawrence T. Go: In line po yun sa yung

4265
03:23:49,180 --> 03:23:51,780
Senator Christopher Lawrence T. Go: streamlining processes,

4266
03:23:52,320 --> 03:23:54,140
Senator Christopher Lawrence T. Go: huwag pahirapan yung mga kababayan natin,

4267
03:23:54,180 --> 03:23:56,340
Senator Christopher Lawrence T. Go: napaulit, pabalik-balik silang

4268
03:23:56,340 --> 03:23:57,940
Senator Christopher Lawrence T. Go: mag-renew, haba ng pila.

4269
03:23:58,760 --> 03:23:59,880
Senator Christopher Lawrence T. Go: And then, ito lang po,

4270
03:24:00,160 --> 03:24:01,860
Senator Christopher Lawrence T. Go: since nabanggit nyo kanina,

4271
03:24:02,000 --> 03:24:03,840
Senator Christopher Lawrence T. Go: yun naman po ang iyong ginagawa,

4272
03:24:04,300 --> 03:24:05,840
Senator Christopher Lawrence T. Go: nire-reduce

4273
03:24:05,840 --> 03:24:07,300
Senator Christopher Lawrence T. Go: yung presyo,

4274
03:24:07,980 --> 03:24:10,120
Senator Christopher Lawrence T. Go: pinapatagal yung validity, huwag pahirapan

4275
03:24:10,120 --> 03:24:11,160
Senator Christopher Lawrence T. Go: yung mga kababayan natin.

4276
03:24:12,160 --> 03:24:13,880
Senator Christopher Lawrence T. Go: Baka, supportahan nyo po itong

4277
03:24:13,880 --> 03:24:16,200
Senator Christopher Lawrence T. Go: you may suggest naman

4278
03:24:16,200 --> 03:24:17,200
Senator Christopher Lawrence T. Go: siguro with your

4279
03:24:17,200 --> 03:24:20,160
Senator Christopher Lawrence T. Go: fellow Cabinet

4280
03:24:20,160 --> 03:24:22,140
Senator Christopher Lawrence T. Go: Secretary na huwag

4281
03:24:22,140 --> 03:24:24,020
Senator Christopher Lawrence T. Go: naman sana dahil hirap po ang

4282
03:24:24,020 --> 03:24:25,600
Senator Christopher Lawrence T. Go: ating mga kababayan ngayon.

4283
03:24:25,740 --> 03:24:27,680
Senator Christopher Lawrence T. Go: At sabi ko nga, bawat piso, bawat

4284
03:24:27,680 --> 03:24:29,480
Senator Christopher Lawrence T. Go: sentimo ay napakalaga

4285
03:24:29,480 --> 03:24:32,400
Senator Christopher Lawrence T. Go: sa ating mga kababayang

4286
03:24:32,400 --> 03:24:34,000
Senator Christopher Lawrence T. Go: mahihirap po, na wala pong

4287
03:24:34,000 --> 03:24:35,900
Senator Christopher Lawrence T. Go: pambayad, lalong-lalo na po yung

4288
03:24:35,900 --> 03:24:37,960
Senator Christopher Lawrence T. Go: mga isang kahig, isang tuka natin mga kababayan

4289
03:24:37,960 --> 03:24:39,860
Senator Christopher Lawrence T. Go: na hirap pong magbayad. At ang

4290
03:24:39,860 --> 03:24:42,260
Senator Christopher Lawrence T. Go: makikinabang po dito, yung mga OFWs

4291
03:24:42,260 --> 03:24:44,280
Senator Christopher Lawrence T. Go: natin, na halos

4292
03:24:44,280 --> 03:24:46,320
Senator Christopher Lawrence T. Go: wala hong

4293
03:24:46,320 --> 03:24:47,280
Senator Christopher Lawrence T. Go: pangbayad na

4294
03:24:47,280 --> 03:24:50,060
Senator Christopher Lawrence T. Go: pang-apply

4295
03:24:50,060 --> 03:24:51,980
Senator Christopher Lawrence T. Go: ng passport. Yung iba, hirap rin po

4296
03:24:51,980 --> 03:24:53,800
Senator Christopher Lawrence T. Go: sa kanilang mga placement fee.

4297
03:24:54,020 --> 03:24:55,920
Senator Christopher Lawrence T. Go: Nag-trabaho sila sa abroad. Malaking

4298
03:24:55,920 --> 03:24:57,880
Senator Christopher Lawrence T. Go: bagay po ito sa kanila na hindi

4299
03:24:57,880 --> 03:24:59,940
Senator Christopher Lawrence T. Go: muna ma-increase. Pakitulong naman

4300
03:24:59,940 --> 03:25:01,940
Senator Christopher Lawrence T. Go: po, Secretary Godel.

4301
03:25:02,020 --> 03:25:03,180
Senator Christopher Lawrence T. Go: Narinig ko rin po kanina

4302
03:25:03,180 --> 03:25:05,460
Senator Christopher Lawrence T. Go: yung inyong pulisiya ngayon.

4303
03:25:05,700 --> 03:25:07,680
Senator Christopher Lawrence T. Go: So proud sa mga iba't-ibang agency

4304
03:25:07,680 --> 03:25:08,800
Senator Christopher Lawrence T. Go: sa mga ginagawa niyo po.

4305
03:25:10,500 --> 03:25:11,840
DOF Secretary Frederick D. Go: Your Honor, base sa lahat

4306
03:25:11,840 --> 03:25:13,780
DOF Secretary Frederick D. Go: ng sinabi niyo, I promise

4307
03:25:13,780 --> 03:25:15,780
DOF Secretary Frederick D. Go: to communicate with the

4308
03:25:15,780 --> 03:25:17,060
DOF Secretary Frederick D. Go: Secretary of Foreign Affairs

4309
03:25:17,060 --> 03:25:19,700
DOF Secretary Frederick D. Go: to see kung anong magagawa

4310
03:25:19,700 --> 03:25:21,560
DOF Secretary Frederick D. Go: po tungkol dito. Salamat.

4311
03:25:21,680 --> 03:25:22,820
Senator Christopher Lawrence T. Go: Malaking bagay po yun.

4312
03:25:24,020 --> 03:25:24,660
Senator Christopher Lawrence T. Go: Anyway,

4313
03:25:25,220 --> 03:25:28,240
Senator Christopher Lawrence T. Go: ngayong araw po

4314
03:25:28,240 --> 03:25:29,960
Senator Christopher Lawrence T. Go: ay magtataas na naman po

4315
03:25:29,960 --> 03:25:31,800
Senator Christopher Lawrence T. Go: ang presyo ng gasolina at diesel.

4316
03:25:32,180 --> 03:25:34,060
Senator Christopher Lawrence T. Go: Gasoline will have an increase of

4317
03:25:34,060 --> 03:25:36,280
Senator Christopher Lawrence T. Go: 4.8 per liter

4318
03:25:36,280 --> 03:25:37,920
Senator Christopher Lawrence T. Go: and 4 peso and

4319
03:25:37,920 --> 03:25:40,100
Senator Christopher Lawrence T. Go: 88 centavos per liter. And diesel

4320
03:25:40,100 --> 03:25:42,260
Senator Christopher Lawrence T. Go: will have an increase of 8 pesos

4321
03:25:42,260 --> 03:25:44,500
Senator Christopher Lawrence T. Go: and 82 centavos per liter.

4322
03:25:45,120 --> 03:25:46,340
Senator Christopher Lawrence T. Go: Panibagong pahirap

4323
03:25:46,340 --> 03:25:47,780
Senator Christopher Lawrence T. Go: naman po ito sa ating mga

4324
03:25:47,780 --> 03:25:49,680
Senator Christopher Lawrence T. Go: chupers, drivers natin.

4325
03:25:49,780 --> 03:25:51,800
Senator Christopher Lawrence T. Go: Apektado po sila sa presyo ng bilihin.

4326
03:25:52,740 --> 03:25:53,940
Senator Christopher Lawrence T. Go: Nagpasa po tayo ng

4327
03:25:53,940 --> 03:25:55,560
Senator Christopher Lawrence T. Go: batas dito sa Senado, itong

4328
03:25:55,560 --> 03:25:57,660
Senator Christopher Lawrence T. Go: Republic Act 12316

4329
03:25:57,660 --> 03:25:59,640
Senator Christopher Lawrence T. Go: authorizing the President to suspend

4330
03:25:59,640 --> 03:26:01,300
Senator Christopher Lawrence T. Go: the imposition of excise taxes

4331
03:26:01,300 --> 03:26:03,800
Senator Christopher Lawrence T. Go: on diesel and gasoline. Ngunit hanggang sa ngayon

4332
03:26:03,800 --> 03:26:05,160
Senator Christopher Lawrence T. Go: po, hindi po ito

4333
03:26:05,160 --> 03:26:06,560
Senator Christopher Lawrence T. Go: inirekomenda ng

4334
03:26:06,560 --> 03:26:09,700
Senator Christopher Lawrence T. Go: DOF. I reiterate

4335
03:26:09,700 --> 03:26:11,660
Senator Christopher Lawrence T. Go: my call to already include the suspension

4336
03:26:11,660 --> 03:26:14,080
Senator Christopher Lawrence T. Go: of excise tax on diesel and gasoline.

4337
03:26:14,600 --> 03:26:15,880
Senator Christopher Lawrence T. Go: Diesel po yung pangunahing

4338
03:26:15,880 --> 03:26:17,680
Senator Christopher Lawrence T. Go: ginagamit ng ating mga kababayan,

4339
03:26:17,840 --> 03:26:19,480
Senator Christopher Lawrence T. Go: lalo na po sa transport workers

4340
03:26:19,480 --> 03:26:20,980
Senator Christopher Lawrence T. Go: at agricultural workers.

4341
03:26:21,500 --> 03:26:23,760
Senator Christopher Lawrence T. Go: Ang importante dito ay maibsan kahit pa pano

4342
03:26:23,940 --> 03:26:25,480
Senator Christopher Lawrence T. Go: kasanin ng ating mga kababayan

4343
03:26:25,480 --> 03:26:27,860
Senator Christopher Lawrence T. Go: kung hindi pa nga lahat ng

4344
03:26:27,860 --> 03:26:29,460
Senator Christopher Lawrence T. Go: beneficiaries nakakatanggap ng

4345
03:26:29,460 --> 03:26:31,100
Senator Christopher Lawrence T. Go: subsidy mula sa gobyerno,

4346
03:26:31,620 --> 03:26:34,000
Senator Christopher Lawrence T. Go: bakit hindi pa suspindihin itong excise tax

4347
03:26:34,000 --> 03:26:36,280
Senator Christopher Lawrence T. Go: para lahat po'y makinabang.

4348
03:26:36,380 --> 03:26:37,560
Senator Christopher Lawrence T. Go: Pag-aralan din po dapat

4349
03:26:37,560 --> 03:26:39,180
Senator Christopher Lawrence T. Go: ang pag-suspindi pansamantala

4350
03:26:39,180 --> 03:26:41,920
Senator Christopher Lawrence T. Go: ng VAT sa oil products, electricity

4351
03:26:41,920 --> 03:26:43,820
Senator Christopher Lawrence T. Go: at basic goods. Malaki po

4352
03:26:43,820 --> 03:26:45,820
Senator Christopher Lawrence T. Go: malaki man ang

4353
03:26:45,820 --> 03:26:47,840
Senator Christopher Lawrence T. Go: mawawalang koleksyon ng gobyerno,

4354
03:26:47,980 --> 03:26:49,560
Senator Christopher Lawrence T. Go: direkta naman po itong mga katulong sa

4355
03:26:49,560 --> 03:26:51,680
Senator Christopher Lawrence T. Go: Pilipino, imbis na mawala

4356
03:26:51,680 --> 03:26:53,700
Senator Christopher Lawrence T. Go: lang po sa korupsyon.

4357
03:26:53,940 --> 03:26:56,180
Senator Christopher Lawrence T. Go: Malaking tulong

4358
03:26:56,180 --> 03:26:57,720
Senator Christopher Lawrence T. Go: po ito sa ating mga kababayan

4359
03:26:57,720 --> 03:26:59,100
Senator Christopher Lawrence T. Go: na sekretary Igo,

4360
03:26:59,620 --> 03:27:00,260
Senator Christopher Lawrence T. Go: kesa naman

4361
03:27:00,260 --> 03:27:03,940
Senator Christopher Lawrence T. Go: mapunta lang po sa korupsyon.

4362
03:27:04,500 --> 03:27:04,720
Senator Christopher Lawrence T. Go: Baka

4363
03:27:04,720 --> 03:27:07,400
Senator Christopher Lawrence T. Go: pag-aralan niyong mabuti itong

4364
03:27:07,400 --> 03:27:08,600
Senator Christopher Lawrence T. Go: pagsamantalang

4365
03:27:08,600 --> 03:27:11,680
Senator Christopher Lawrence T. Go: suspension ng VAT sa mga

4366
03:27:11,680 --> 03:27:12,540
Senator Christopher Lawrence T. Go: oil products.

4367
03:27:14,780 --> 03:27:16,260
Senator Christopher Lawrence T. Go: You may answer po.

4368
03:27:16,600 --> 03:27:17,120
DOF Secretary Frederick D. Go: Your Honor,

4369
03:27:17,680 --> 03:27:19,540
DOF Secretary Frederick D. Go: actually,

4370
03:27:20,240 --> 03:27:22,220
DOF Secretary Frederick D. Go: kanina mga 15 minutes ago,

4371
03:27:22,220 --> 03:27:23,580
DOF Secretary Frederick D. Go: pumipirma ako dito,

4372
03:27:23,940 --> 03:27:25,600
DOF Secretary Frederick D. Go: pinirmahan ko yung resolution

4373
03:27:25,600 --> 03:27:27,980
DOF Secretary Frederick D. Go: to remove excise taxes on

4374
03:27:27,980 --> 03:27:30,220
DOF Secretary Frederick D. Go: LPG and kerosene,

4375
03:27:30,820 --> 03:27:31,420
DOF Secretary Frederick D. Go: which is

4376
03:27:31,420 --> 03:27:33,960
DOF Secretary Frederick D. Go: very similar to what we did

4377
03:27:33,960 --> 03:27:35,540
DOF Secretary Frederick D. Go: in the first round of the

4378
03:27:35,540 --> 03:27:37,060
DOF Secretary Frederick D. Go: Middle East War.

4379
03:27:37,520 --> 03:27:38,940
DOF Secretary Frederick D. Go: So, pinirmahan ko na po,

4380
03:27:39,340 --> 03:27:40,720
DOF Secretary Frederick D. Go: matagal ko na po yan,

4381
03:27:40,800 --> 03:27:42,780
DOF Secretary Frederick D. Go: fina-follow up eh, kasi matagal ko

4382
03:27:42,780 --> 03:27:44,060
DOF Secretary Frederick D. Go: nang alam, tumaas ang presyo

4383
03:27:44,060 --> 03:27:46,720
DOF Secretary Frederick D. Go: ng langis, over $80

4384
03:27:46,720 --> 03:27:48,740
DOF Secretary Frederick D. Go: a barrel, kaya hinahanap ko po

4385
03:27:48,740 --> 03:27:50,440
DOF Secretary Frederick D. Go: yung memo na yan. Kanina lang po,

4386
03:27:50,540 --> 03:27:52,560
DOF Secretary Frederick D. Go: umabot sa akin, pinirmahan ko agad-agad.

4387
03:27:53,940 --> 03:27:55,560
DOF Secretary Frederick D. Go: Tungkol po sa

4388
03:27:55,560 --> 03:27:59,020
DOF Secretary Frederick D. Go: LPG at kerosene po yan,

4389
03:27:59,360 --> 03:28:01,060
DOF Secretary Frederick D. Go: tungkol po sa diesel

4390
03:28:01,060 --> 03:28:03,100
DOF Secretary Frederick D. Go: at gasolina,

4391
03:28:03,840 --> 03:28:05,260
DOF Secretary Frederick D. Go: ang conclusion po

4392
03:28:05,260 --> 03:28:07,220
DOF Secretary Frederick D. Go: ng DBCC, nung una

4393
03:28:07,220 --> 03:28:09,780
DOF Secretary Frederick D. Go: namin itong pinag-usapan,

4394
03:28:10,360 --> 03:28:11,380
DOF Secretary Frederick D. Go: ay number one,

4395
03:28:13,480 --> 03:28:15,020
DOF Secretary Frederick D. Go: if you remove taxes

4396
03:28:15,020 --> 03:28:17,180
DOF Secretary Frederick D. Go: on diesel and gasoline,

4397
03:28:17,460 --> 03:28:19,760
DOF Secretary Frederick D. Go: it will not be progressive.

4398
03:28:20,860 --> 03:28:21,980
DOF Secretary Frederick D. Go: Ibig sabihin po nito,

4399
03:28:21,980 --> 03:28:23,420
DOF Secretary Frederick D. Go: yung theory po na,

4400
03:28:23,940 --> 03:28:26,080
DOF Secretary Frederick D. Go: pinarating sa amin ng mga ekonomista

4401
03:28:26,080 --> 03:28:28,120
DOF Secretary Frederick D. Go: ay, ang mga mayayaman

4402
03:28:28,120 --> 03:28:30,220
DOF Secretary Frederick D. Go: ang pinakamalakas gumamit

4403
03:28:30,220 --> 03:28:31,160
DOF Secretary Frederick D. Go: ng diesel at

4404
03:28:31,160 --> 03:28:33,540
DOF Secretary Frederick D. Go: gasolina. At kung

4405
03:28:33,540 --> 03:28:35,940
DOF Secretary Frederick D. Go: tinanggal po natin ang taxes

4406
03:28:35,940 --> 03:28:38,180
DOF Secretary Frederick D. Go: sa lahat,

4407
03:28:38,620 --> 03:28:40,640
DOF Secretary Frederick D. Go: ang mas makikinabang

4408
03:28:40,640 --> 03:28:42,240
DOF Secretary Frederick D. Go: po dito ay yung mga mayayaman

4409
03:28:42,240 --> 03:28:44,060
DOF Secretary Frederick D. Go: kasi sila po yung malakas gumamit

4410
03:28:44,060 --> 03:28:45,500
DOF Secretary Frederick D. Go: ng diesel at gasolina.

4411
03:28:46,240 --> 03:28:48,020
DOF Secretary Frederick D. Go: So, naisip namin

4412
03:28:48,020 --> 03:28:50,220
DOF Secretary Frederick D. Go: for that point

4413
03:28:50,220 --> 03:28:52,380
DOF Secretary Frederick D. Go: is to keep the taxes and instead

4414
03:28:52,380 --> 03:28:53,440
DOF Secretary Frederick D. Go: do a target

4415
03:28:53,440 --> 03:28:56,100
DOF Secretary Frederick D. Go: subsidy to the vulnerable

4416
03:28:56,100 --> 03:28:57,780
DOF Secretary Frederick D. Go: sectors. Yan po yung ginawa ng

4417
03:28:57,780 --> 03:28:59,840
DOF Secretary Frederick D. Go: uplift committee na

4418
03:28:59,840 --> 03:29:01,860
DOF Secretary Frederick D. Go: nag-determine po sila

4419
03:29:01,860 --> 03:29:04,060
DOF Secretary Frederick D. Go: kung saan magbibigay ng tulong at ayuda

4420
03:29:04,060 --> 03:29:06,140
DOF Secretary Frederick D. Go: sa mga pinakamahirap,

4421
03:29:06,540 --> 03:29:08,060
DOF Secretary Frederick D. Go: sa mga transport drivers,

4422
03:29:08,560 --> 03:29:10,560
DOF Secretary Frederick D. Go: sa mga farmers at sa mga fisher folk.

4423
03:29:11,260 --> 03:29:11,980
DOF Secretary Frederick D. Go: Yan po yung

4424
03:29:11,980 --> 03:29:14,420
DOF Secretary Frederick D. Go: one and two

4425
03:29:14,420 --> 03:29:15,840
DOF Secretary Frederick D. Go: na naisip ng

4426
03:29:15,840 --> 03:29:18,220
DOF Secretary Frederick D. Go: DBCC. Pangalawa po,

4427
03:29:18,600 --> 03:29:20,120
DOF Secretary Frederick D. Go: ang pangalawang

4428
03:29:20,120 --> 03:29:21,640
DOF Secretary Frederick D. Go: punto po ay kung tinanggal

4429
03:29:21,640 --> 03:29:21,940
DOF Secretary Frederick D. Go: ang

4430
03:29:23,440 --> 03:29:25,860
DOF Secretary Frederick D. Go: taxes ng diesel at gasolina

4431
03:29:25,860 --> 03:29:27,700
DOF Secretary Frederick D. Go: ay ang mawawala

4432
03:29:27,700 --> 03:29:29,240
DOF Secretary Frederick D. Go: pong collection ng gobyerno

4433
03:29:29,240 --> 03:29:31,020
DOF Secretary Frederick D. Go: is approximately 12

4434
03:29:31,020 --> 03:29:32,540
DOF Secretary Frederick D. Go: billion a month.

4435
03:29:37,540 --> 03:29:39,500
DOF Secretary Frederick D. Go: Yeah, it's approximately

4436
03:29:39,500 --> 03:29:41,640
DOF Secretary Frederick D. Go: 12 billion a month kung matanggal.

4437
03:29:42,240 --> 03:29:43,580
DOF Secretary Frederick D. Go: Ang posisyon ko naman po as

4438
03:29:43,580 --> 03:29:45,800
DOF Secretary Frederick D. Go: DOF Secretary ever since

4439
03:29:45,800 --> 03:29:47,340
DOF Secretary Frederick D. Go: I'm very consistent po.

4440
03:29:48,080 --> 03:29:49,680
DOF Secretary Frederick D. Go: I am not opposed

4441
03:29:49,680 --> 03:29:51,220
DOF Secretary Frederick D. Go: to any revenue

4442
03:29:51,220 --> 03:29:53,120
DOF Secretary Frederick D. Go: reduction measure.

4443
03:29:53,440 --> 03:29:55,580
DOF Secretary Frederick D. Go: As long as there is a

4444
03:29:55,580 --> 03:29:57,460
DOF Secretary Frederick D. Go: corresponding

4445
03:29:57,460 --> 03:29:59,620
DOF Secretary Frederick D. Go: revenue enhancement

4446
03:29:59,620 --> 03:30:00,040
DOF Secretary Frederick D. Go: measure.

4447
03:30:00,000 --> 03:30:21,620
DOF Secretary Frederick D. Go: Para kung anong nawala, pwede namang bawiin sa ibang bagay. But in the absence of any revenue enhancing measure to replace the 12 billion a month that we will lose, in the meantime, the DBCC is not endorsing that to the President.

4448
03:30:21,620 --> 03:30:30,280
DOF Secretary Frederick D. Go: And third po is what I mentioned earlier, yung targeted subsidy to the vulnerable sectors. Thank you.

4449
03:30:30,280 --> 03:30:46,460
Senator Christopher Lawrence T. Go: Salamat. Ibig sabihin, mas binabalansin nyo. Anyway, about system loss, kagaya na sana nang ginawa ng BIR sa pagtanggal ng value-added tax VAT sa allowable system loss charge.

4450
03:30:46,460 --> 03:30:51,600
Senator Christopher Lawrence T. Go: We load the DOF and the BIR on this move dahil na rin po sa hirap.

4451
03:30:51,620 --> 03:30:57,820
Senator Christopher Lawrence T. Go: At ng buhay ngayon, Mr. Chair, marami po sa ating mga kababayan ang dumadaing dahil sa pagtaas ng kanilang electric bills.

4452
03:30:57,940 --> 03:31:01,880
Senator Christopher Lawrence T. Go: Patuloy rin po ang ating panawagan, natanggalin na lang po ang system loss.

4453
03:31:01,980 --> 03:31:08,660
Senator Christopher Lawrence T. Go: According to reports, system loss accounts for around 5% of consumers' monthly electricity bills.

4454
03:31:08,660 --> 03:31:18,220
Senator Christopher Lawrence T. Go: Kung ang isang pamilya po ay nagbabayad ng 4,000 kada buwan sa kuryente, nasa halos 200 po agad ang napupunta sa system loss.

4455
03:31:18,720 --> 03:31:19,780
Senator Christopher Lawrence T. Go: Buwan-buwan po ito.

4456
03:31:20,400 --> 03:31:21,480
Senator Christopher Lawrence T. Go: At sa totoo lamang po,

4457
03:31:21,620 --> 03:31:25,620
Senator Christopher Lawrence T. Go: sa ordinaryong Pilipino na nagbabayad po ng bill,

4458
03:31:25,720 --> 03:31:30,200
Senator Christopher Lawrence T. Go: minsan nga hindi nila alam ano ba itong system loss na kanilang binabayaran pa.

4459
03:31:30,920 --> 03:31:36,600
Senator Christopher Lawrence T. Go: Kaya kaisa tayo sa panawagan, lalo na ng mga Pilipinong nahirapan po sa dami ng gastusin,

4460
03:31:36,740 --> 03:31:42,780
Senator Christopher Lawrence T. Go: ang system loss ay hindi dapat sinasalo ng mga customer ng electric distributors.

4461
03:31:43,280 --> 03:31:47,040
Senator Christopher Lawrence T. Go: Ang system loss ay hindi dapat customer's loss.

4462
03:31:47,360 --> 03:31:50,880
Senator Christopher Lawrence T. Go: Kung ang system loss ay bunga ng nakaw na kuryente,

4463
03:31:50,880 --> 03:31:55,680
Senator Christopher Lawrence T. Go: bakit po ang tapat na nagbabayad ng kanilang bill ang sumasalo ng gastos?

4464
03:31:56,280 --> 03:32:01,200
Senator Christopher Lawrence T. Go: Hindi ba dapat ang distribution utility ang may kakayahang pigilan po ang illegal connections?

4465
03:32:01,840 --> 03:32:10,820
Senator Christopher Lawrence T. Go: At nag-file po tayo ng Senate Bill 2360 na naglalayong matanggal ang value-added tax o VAT sa mga additional charges na ito.

4466
03:32:10,820 --> 03:32:19,960
Senator Christopher Lawrence T. Go: Also filed Senate Bill 2383 seeking to prohibit distribution utilities and electric cooperatives

4467
03:32:19,960 --> 03:32:20,820
Senator Christopher Lawrence T. Go: from passing.

4468
03:32:20,880 --> 03:32:25,640
Senator Christopher Lawrence T. Go: system loss charges on to electric city.

4469
03:32:26,640 --> 03:32:32,780
Senator Christopher Lawrence T. Go: Ito po yung Senate Bill 2383 seeking to prohibit distribution utilities and electric cooperatives

4470
03:32:32,780 --> 03:32:37,360
Senator Christopher Lawrence T. Go: from passing system loss charges on to electricity consumers po.

4471
03:32:41,260 --> 03:32:42,380
Senator Christopher Lawrence T. Go: Secretary ko.

4472
03:32:42,680 --> 03:32:44,280
DOF Secretary Frederick D. Go: Your Honor, Mr. Chair.

4473
03:32:44,880 --> 03:32:45,920
DOF Secretary Frederick D. Go: Tama po yan.

4474
03:32:45,920 --> 03:32:50,760
DOF Secretary Frederick D. Go: Nauna na po ang DOF at ang Bureau of Internal Revenue sa pagbibigay.

4475
03:32:50,880 --> 03:32:56,240
DOF Secretary Frederick D. Go: Sa pagtanggal ng VAT on systems loss.

4476
03:32:58,140 --> 03:33:04,700
DOF Secretary Frederick D. Go: Napakabilis po kami nag-action dyan nung natanggap namin ng instructions on that matter.

4477
03:33:05,780 --> 03:33:16,120
DOF Secretary Frederick D. Go: However, Your Honor, on systems loss, I think the proper department is the DOE and the ERC.

4478
03:33:18,840 --> 03:33:20,120
DOF Secretary Frederick D. Go: Hindi po kami...

4479
03:33:20,880 --> 03:33:27,000
DOF Secretary Frederick D. Go: Kasali dyan sa discussion on systems loss whatsoever except when it comes to VAT, which

4480
03:33:27,000 --> 03:33:34,140
DOF Secretary Frederick D. Go: I believe as I mentioned earlier, we acted very fast, very quickly, and removed VAT on

4481
03:33:34,140 --> 03:33:36,360
DOF Secretary Frederick D. Go: systems loss just last month.

4482
03:33:38,300 --> 03:33:40,280
Senator Christopher Lawrence T. Go: Mr. Chair, on another topic lang po.

4483
03:33:40,980 --> 03:33:42,200
Senator Christopher Lawrence T. Go: May kli lang po ito.

4484
03:33:42,980 --> 03:33:48,300
Senator Christopher Lawrence T. Go: Alam nun naman po natin ang micro, small, and medium enterprises or MSMEs.

4485
03:33:48,300 --> 03:33:53,300
Senator Christopher Lawrence T. Go: Ito po yung maliliit na negosyo ay mahalagang bahagi po ng ating ekonomiya.

4486
03:33:54,120 --> 03:33:58,900
Senator Christopher Lawrence T. Go: Alam nyo po yun, lalong-lalo na po si Secretary Igo na mula sa business sector po.

4487
03:33:59,400 --> 03:34:06,700
Senator Christopher Lawrence T. Go: Bago ka pumasok sa gobyerno, may ka pong natulungan ng mga maliliit na negosyante noon.

4488
03:34:07,760 --> 03:34:13,660
Senator Christopher Lawrence T. Go: Ito pong MSMEs, they provide jobs, livelihood, and opportunities to many of our kababayan.

4489
03:34:13,660 --> 03:34:15,940
Senator Christopher Lawrence T. Go: Ngunit sa kabila ng kanilang mahalagang papel,

4490
03:34:16,580 --> 03:34:17,660
Senator Christopher Lawrence T. Go: sila pong madalas na nakakarana.

4491
03:34:18,300 --> 03:34:23,020
Senator Christopher Lawrence T. Go: Sila pong madalas po ng mabigat na requirements at bayarin mula sa iba't-ibang ahensya na gobyerno.

4492
03:34:23,120 --> 03:34:26,080
Senator Christopher Lawrence T. Go: At nabanggit nyo po kanina na yun po yung ginagawa ninyo,

4493
03:34:26,160 --> 03:34:29,600
Senator Christopher Lawrence T. Go: streamlining processes, reduced fees.

4494
03:34:30,540 --> 03:34:34,200
Senator Christopher Lawrence T. Go: At kung maalala nyo po, during the time of former President Duterte,

4495
03:34:34,360 --> 03:34:37,860
Senator Christopher Lawrence T. Go: he signed into law Republic Act 11032.

4496
03:34:38,160 --> 03:34:43,120
Senator Christopher Lawrence T. Go: Ito po yung Ease of Doing Business Act to Reduce Red Tape in Government Services.

4497
03:34:43,500 --> 03:34:48,120
Senator Christopher Lawrence T. Go: Sana po yung mapagaan din natin ang mga obligasyon at pasanin ng ating mga MSMEs

4498
03:34:48,300 --> 03:34:50,380
Senator Christopher Lawrence T. Go: Ito po yung mga maliliit na negosyante.

4499
03:34:50,780 --> 03:34:52,140
Senator Christopher Lawrence T. Go: Malaking tulong po ito sa kanila.

4500
03:34:52,700 --> 03:34:57,520
Senator Christopher Lawrence T. Go: Dapat po yung maturuan sila ng tamang proseso para mainganyo ang ating mga kababayan na magnegosyo.

4501
03:34:58,200 --> 03:35:06,580
Senator Christopher Lawrence T. Go: To the DOF and BIR, what are your efforts in simplifying procedures and tax obligations of MSMEs?

4502
03:35:08,180 --> 03:35:12,740
Senator Joseph Victor "JV" G. Ejercito: Please, BIR, Commissioner Mendoza, please answer the query.

4503
03:35:13,360 --> 03:35:16,740
BIR Commissioner Charlito Martin R. Mendoza: Good afternoon, Mr. Chair, Senator Goh.

4504
03:35:18,300 --> 03:35:23,640
BIR Commissioner Charlito Martin R. Mendoza: Nauunawaan po namin na bagamat ang principal na mandate po ng Bureau of Internal Revenue

4505
03:35:23,640 --> 03:35:28,620
BIR Commissioner Charlito Martin R. Mendoza: is manglekta ng buwis upang matustusan natin ang mga pangangailangan ng gobyerno.

4506
03:35:28,940 --> 03:35:37,560
BIR Commissioner Charlito Martin R. Mendoza: But at the same time, we have the equally important mandate of helping in making doing business in the Philippines much easier.

4507
03:35:38,140 --> 03:35:42,540
BIR Commissioner Charlito Martin R. Mendoza: Kaya yan rin po ay isa sa mga prioridad po ng kasalukuyang administrasyon.

4508
03:35:43,100 --> 03:35:46,760
BIR Commissioner Charlito Martin R. Mendoza: Patungkol po sa mga micro and small entrepreneurs natin,

4509
03:35:46,760 --> 03:35:56,720
BIR Commissioner Charlito Martin R. Mendoza: ito po ay nabangkit nga ng Pangulo noong kanyang SONA na sa kasalukuyan po ay nagpapatupad tayo ng isang one-time tax abatement program for our microtax payers.

4510
03:35:57,280 --> 03:36:03,980
BIR Commissioner Charlito Martin R. Mendoza: Ang mga microtax payers po ay ito po yung ang gross sales sa isang taon ay hindi lumalampas sa 3 million pesos.

4511
03:36:04,540 --> 03:36:11,360
BIR Commissioner Charlito Martin R. Mendoza: At karaniwan po ay sila ang maraming halimbawa open cases sa BIR, hindi sila nakakapag-file ng returns,

4512
03:36:11,560 --> 03:36:16,740
BIR Commissioner Charlito Martin R. Mendoza: nagsara na sila, subalit hindi nila alam na kinakailangan din nilang formally na magsara sa BIR.

4513
03:36:16,760 --> 03:36:26,500
BIR Commissioner Charlito Martin R. Mendoza: Kung kaya't pag bumalik po sila at magtatayo sila ng bagong nebosyo, magpaparehistro, lalabas yung pangalan ng previous business nila at nagkakaproblema po sila sa pagkuhan ng clearance.

4514
03:36:27,080 --> 03:36:35,360
BIR Commissioner Charlito Martin R. Mendoza: So yan po ay nauunawaan natin. Kaya una po, nagsagawa po tayo ng tinatawag na ease of closing business na pinatipo din po natin ngayong taon.

4515
03:36:35,520 --> 03:36:39,940
BIR Commissioner Charlito Martin R. Mendoza: Sabi natin kung merong ease of doing business, meron din dapat ease of closing business.

4516
03:36:40,240 --> 03:36:46,100
BIR Commissioner Charlito Martin R. Mendoza: Sapagkat dati-dati po magsasara ka na ng negosyo, maaring nalugi ka pero mahihirapan ka pang magsara.

4517
03:36:46,760 --> 03:36:52,320
BIR Commissioner Charlito Martin R. Mendoza: Sapagkat napakaraming requirements na hinihingi at yan po ay nilimitahan na lamang po natin ang requirements.

4518
03:36:52,880 --> 03:36:58,880
BIR Commissioner Charlito Martin R. Mendoza: At ang isa pong malaking tulong na ginawa natin para sa ating mga maliliit na negosyo, yung ating mga micro-entrepreneurs.

4519
03:36:59,200 --> 03:37:06,060
BIR Commissioner Charlito Martin R. Mendoza: Dati-dati po kung magsasara ang negosyo, meron po kasi tayong tinatawag na mandatory audit before natin sila bigyan ng clearance to check.

4520
03:37:06,060 --> 03:37:09,100
BIR Commissioner Charlito Martin R. Mendoza: Na wala po talaga silang paglabag sa ating mga tax regulations.

4521
03:37:09,680 --> 03:37:16,560
BIR Commissioner Charlito Martin R. Mendoza: But what we did po is tinanggal po natin ang ating mga micro-tax payers from the requirement of a mandatory audit.

4522
03:37:16,760 --> 03:37:26,280
BIR Commissioner Charlito Martin R. Mendoza: Kaya sa loob lamang po ng tatlong araw, kung kumpleto na ang kanilang dokumento, maaari na po nilang maisara formally ang kanilang registration with BIR.

4523
03:37:26,760 --> 03:37:32,200
BIR Commissioner Charlito Martin R. Mendoza: Ngayon po, na-realize namin na bagamat sinimplihan natin ang mga requirements,

4524
03:37:32,600 --> 03:37:35,660
BIR Commissioner Charlito Martin R. Mendoza: napakarami po mga maliliit na negosyo, micro-small entrepreneurs.

4525
03:37:36,280 --> 03:37:42,420
BIR Commissioner Charlito Martin R. Mendoza: Micro-entrepreneurs in particular na marami na po silang tax liability sa BIR na nanahihirapan silang bayaran.

4526
03:37:42,420 --> 03:37:46,680
BIR Commissioner Charlito Martin R. Mendoza: Kung kaya po naglunsag po tayo ngayong taon ng tinatawag natin na tax abatement.

4527
03:37:46,760 --> 03:37:48,460
BIR Commissioner Charlito Martin R. Mendoza: Program for micro-tax payers.

4528
03:37:49,000 --> 03:37:56,860
BIR Commissioner Charlito Martin R. Mendoza: At ikinalulugod ko pong ipaalam sa inyo na sa loob lamang po ng dalawang buwan simula nang inulunsad natin ito,

4529
03:37:56,980 --> 03:38:02,340
BIR Commissioner Charlito Martin R. Mendoza: ay nakareceive na po kami ng 6,300 more or less na applications for tax abatement.

4530
03:38:02,820 --> 03:38:05,820
BIR Commissioner Charlito Martin R. Mendoza: At mahigit 5,000 na po ang na-approve natin.

4531
03:38:05,820 --> 03:38:16,520
BIR Commissioner Charlito Martin R. Mendoza: At ito po ay nangangahulugan ng 80 plus million in tax liabilities na na-condone po natin sa pagbabayad lamang nila ng 5,000 pesos na tax abatement.

4532
03:38:16,520 --> 03:38:18,360
BIR Commissioner Charlito Martin R. Mendoza: At ito po ay nangangahulugan ng 80 plus million per taxable year.

4533
03:38:18,980 --> 03:38:27,100
BIR Commissioner Charlito Martin R. Mendoza: Maliban po dyan, karaniwan hong naririnig po natin, maliit na negosyo lang kami pero ang hirap ng compliance namin.

4534
03:38:27,560 --> 03:38:29,320
BIR Commissioner Charlito Martin R. Mendoza: Mahaba yung form, mahirap intindihin.

4535
03:38:29,780 --> 03:38:37,680
BIR Commissioner Charlito Martin R. Mendoza: Kung kaya ngayong taon din po, pinasimple po natin ang income tax filing return for our micro and small taxpayers.

4536
03:38:38,320 --> 03:38:41,880
BIR Commissioner Charlito Martin R. Mendoza: Ang form po natin kasi dyan is yung 1701.

4537
03:38:41,880 --> 03:38:46,340
BIR Commissioner Charlito Martin R. Mendoza: So gumawa po tayo ng 1701 MS for micro taxpayers.

4538
03:38:46,520 --> 03:38:47,580
BIR Commissioner Charlito Martin R. Mendoza: Available po online.

4539
03:38:48,020 --> 03:38:52,720
BIR Commissioner Charlito Martin R. Mendoza: Ito po ay mas maiksi at mas kaunting requirements lamang ang hinihingi natin sa kanila.

4540
03:38:53,540 --> 03:38:54,440
BIR Commissioner Charlito Martin R. Mendoza: Thank you po, Mr.

4541
03:38:54,440 --> 03:38:55,020
Senator Christopher Lawrence T. Go: Salamat po.

4542
03:38:55,240 --> 03:38:59,240
Senator Christopher Lawrence T. Go: Totoo po yun sa mga nalulugi na negosyante.

4543
03:38:59,400 --> 03:39:00,880
Senator Christopher Lawrence T. Go: Nahirapan po silang magsara.

4544
03:39:01,720 --> 03:39:03,860
Senator Christopher Lawrence T. Go: At meron po akong narinig po na reklamo.

4545
03:39:03,980 --> 03:39:05,300
Senator Christopher Lawrence T. Go: Yung matagal rin po ang proseso.

4546
03:39:05,380 --> 03:39:05,860
Senator Christopher Lawrence T. Go: Yung sa SEC.

4547
03:39:06,560 --> 03:39:13,220
Senator Christopher Lawrence T. Go: Ano bang ginawa niyong proseso na ma-streamline po itong pagsasara ng negosyo?

4548
03:39:13,860 --> 03:39:14,860
Senator Christopher Lawrence T. Go: Imbis na...

4549
03:39:16,520 --> 03:39:18,440
Senator Christopher Lawrence T. Go: Lugi na nga yung mga negosyante.

4550
03:39:19,260 --> 03:39:23,360
Senator Christopher Lawrence T. Go: Pahirapan pa silang mag-retire o magsara ng kanilang negosyo.

4551
03:39:24,460 --> 03:39:28,960
Senator Christopher Lawrence T. Go: Mabilis lang ba ang proseso ngayon sa SEC, Mr. Francis Lee?

4552
03:39:28,980 --> 03:39:33,080
SEC Chairperson Francisco Ed Lim: Sa katotohanan, hindi pa namin inaabutan yan.

4553
03:39:33,660 --> 03:39:36,440
SEC Chairperson Francisco Ed Lim: Ang ginagawa namin yung ease of doing business.

4554
03:39:37,140 --> 03:39:38,220
SEC Chairperson Francisco Ed Lim: Madali ng registration.

4555
03:39:39,300 --> 03:39:42,900
SEC Chairperson Francisco Ed Lim: Nagbigay kami ng discounts for MSM East trying to register.

4556
03:39:42,900 --> 03:39:46,500
SEC Chairperson Francisco Ed Lim: Kung pupunta sila sa capital market, 20% discount yan.

4557
03:39:46,520 --> 03:39:51,960
SEC Chairperson Francisco Ed Lim: Kung pupunta sila sa capital market to raise funds, may 50% discount kami sa registration fee.

4558
03:39:52,580 --> 03:39:58,700
SEC Chairperson Francisco Ed Lim: Ngayon, napansin namin na bumibilis na yung registration namin, Mr. Senator.

4559
03:39:59,500 --> 03:40:04,440
SEC Chairperson Francisco Ed Lim: Pero isang problema ng isang negosyante, siguro na ano nyo ito, na-register na sila.

4560
03:40:04,900 --> 03:40:07,120
SEC Chairperson Francisco Ed Lim: Mahirap sila mag-umpisa ng negosyo.

4561
03:40:07,540 --> 03:40:11,500
SEC Chairperson Francisco Ed Lim: In other words, dahil register na, hindi sila makapag-umpisa ng negosyo

4562
03:40:11,500 --> 03:40:15,000
SEC Chairperson Francisco Ed Lim: dahil kukuha pa sila ng permit sa LGU, sa SSS, at so on.

4563
03:40:15,000 --> 03:40:16,480
SEC Chairperson Francisco Ed Lim: So, may proposal ako.

4564
03:40:16,520 --> 03:40:23,060
SEC Chairperson Francisco Ed Lim: Inapprove ni Secretary Goh na once naregister na yung company, malilit na company, malalaking company,

4565
03:40:23,060 --> 03:40:30,040
SEC Chairperson Francisco Ed Lim: they can start doing business, commercial operations, while they're applying for all these permits.

4566
03:40:30,040 --> 03:40:35,540
SEC Chairperson Francisco Ed Lim: Fire permit, occupancy permit, building permit, and so on, so forth, for a period of 60 days.

4567
03:40:35,540 --> 03:40:43,960
SEC Chairperson Francisco Ed Lim: Ngayon, sangayon kami sa ginagawa ng BIR na in terms of ease of doing business,

4568
03:40:43,960 --> 03:40:45,500
SEC Chairperson Francisco Ed Lim: that's not only

4569
03:40:45,500 --> 03:40:50,540
SEC Chairperson Francisco Ed Lim: start with the registration, but also on how to close down business.

4570
03:40:50,540 --> 03:40:55,340
SEC Chairperson Francisco Ed Lim: Ako, isang practitioner ho, bago ako naging SEC chairman.

4571
03:40:55,340 --> 03:40:59,060
SEC Chairperson Francisco Ed Lim: Ang hirap talaga magsaraan ng negosyo.

4572
03:40:59,060 --> 03:41:02,140
SEC Chairperson Francisco Ed Lim: Meron kang exemption sa tax liabilities, di ba?

4573
03:41:02,140 --> 03:41:05,140
SEC Chairperson Francisco Ed Lim: Dapat bayaran mo yan, certificate, ano.

4574
03:41:05,140 --> 03:41:09,140
SEC Chairperson Francisco Ed Lim: So, we will go there.

4575
03:41:09,140 --> 03:41:14,940
SEC Chairperson Francisco Ed Lim: But ang priority namin is how to get more businesses

4576
03:41:14,940 --> 03:41:16,940
SEC Chairperson Francisco Ed Lim: into the economy.

4577
03:41:16,940 --> 03:41:20,940
SEC Chairperson Francisco Ed Lim: Ngayon sa financial statements, isang problema ito ng maliliit.

4578
03:41:20,940 --> 03:41:27,940
SEC Chairperson Francisco Ed Lim: Dati, kung may 600,000 assets ka, kailangan ang audited financial statements.

4579
03:41:27,940 --> 03:41:30,940
SEC Chairperson Francisco Ed Lim: And we all know na magbabayad ka sa auditor.

4580
03:41:30,940 --> 03:41:35,940
SEC Chairperson Francisco Ed Lim: Tinanggal namin yun, I think tinaas namin yung threshold to 3 million.

4581
03:41:35,940 --> 03:41:41,940
SEC Chairperson Francisco Ed Lim: In other words, 3 million or ba no, hindi mo kailangan mag-submit sa SEC ng audited financial statement.

4582
03:41:41,940 --> 03:41:44,780
SEC Chairperson Francisco Ed Lim: A statement of management responsibility.

4583
03:41:44,780 --> 03:41:47,780
SEC Chairperson Francisco Ed Lim: At totoo, tama yung figure nila would be enough.

4584
03:41:47,780 --> 03:41:49,780
SEC Chairperson Francisco Ed Lim: So, yun.

4585
03:41:49,780 --> 03:41:55,780
SEC Chairperson Francisco Ed Lim: I think sa closing of business, pag nag-shorten na ng corporate term, for example.

4586
03:41:55,780 --> 03:41:58,780
SEC Chairperson Francisco Ed Lim: That's the usual way of closing business.

4587
03:41:58,780 --> 03:42:01,780
SEC Chairperson Francisco Ed Lim: Sina-shorten nyo lang.

4588
03:42:01,780 --> 03:42:04,780
SEC Chairperson Francisco Ed Lim: Meron kaming mandali na yung pag-close.

4589
03:42:04,780 --> 03:42:08,780
SEC Chairperson Francisco Ed Lim: Because we have a deemed-approved policy for simple transactions.

4590
03:42:08,780 --> 03:42:12,780
SEC Chairperson Francisco Ed Lim: And we got this from the EODB law.

4591
03:42:12,780 --> 03:42:14,780
SEC Chairperson Francisco Ed Lim: Simple transactions, 3 days.

4592
03:42:14,780 --> 03:42:16,780
SEC Chairperson Francisco Ed Lim: Moderate transactions, 7 days.

4593
03:42:16,780 --> 03:42:19,780
SEC Chairperson Francisco Ed Lim: And complex transactions, 20 days.

4594
03:42:19,780 --> 03:42:23,780
SEC Chairperson Francisco Ed Lim: Pag hindi na-approved doon that period, and the fault is ours,

4595
03:42:23,780 --> 03:42:27,780
SEC Chairperson Francisco Ed Lim: compliant yung company, deemed-approved yung closing business.

4596
03:42:27,780 --> 03:42:30,780
SEC Chairperson Francisco Ed Lim: That's what I can commit, Mr. Chairman.

4597
03:42:30,780 --> 03:42:32,780
Senator Christopher Lawrence T. Go: Salamat, Chairperson Francis Lim.

4598
03:42:32,780 --> 03:42:34,780
Senator Christopher Lawrence T. Go: Baka pakisilip lang po nito.

4599
03:42:34,780 --> 03:42:38,780
Senator Christopher Lawrence T. Go: Lalong-lalo na yung mga maliliit na negosyante.

4600
03:42:38,780 --> 03:42:40,780
Senator Christopher Lawrence T. Go: Yun lang po narinig ko sa baba.

4601
03:42:40,780 --> 03:42:41,780
Senator Christopher Lawrence T. Go: Mareklamo nila.

4602
03:42:41,780 --> 03:42:42,780
Senator Christopher Lawrence T. Go: Yung mga kiosk.

4603
03:42:42,780 --> 03:42:43,780
Senator Christopher Lawrence T. Go: Yung mga maliliit.

4604
03:42:43,780 --> 03:42:45,780
Senator Christopher Lawrence T. Go: Maliliit na nagtitinda dyan.

4605
03:42:45,780 --> 03:42:51,780
Senator Christopher Lawrence T. Go: Aside from sa SEC na matagal yung proseso na pagsara nila,

4606
03:42:51,780 --> 03:42:53,780
Senator Christopher Lawrence T. Go: o pagre-retire ng business nila,

4607
03:42:53,780 --> 03:42:58,780
Senator Christopher Lawrence T. Go: yung mga business permits pupunta sila sa...

4608
03:42:58,780 --> 03:42:59,780
Senator Christopher Lawrence T. Go: LGU.

4609
03:42:59,780 --> 03:43:00,780
Senator Christopher Lawrence T. Go: LGU.

4610
03:43:00,780 --> 03:43:02,780
Senator Christopher Lawrence T. Go: Baka pwede nyo rin pong makausap, Secretary Goh.

4611
03:43:02,780 --> 03:43:04,780
Senator Christopher Lawrence T. Go: Iyan naman ang gusto nyo.

4612
03:43:04,780 --> 03:43:06,780
Senator Christopher Lawrence T. Go: Streamline processes.

4613
03:43:06,780 --> 03:43:07,780
Senator Christopher Lawrence T. Go: Pag-apply.

4614
03:43:07,780 --> 03:43:08,780
Senator Christopher Lawrence T. Go: Ito nang pagsara.

4615
03:43:08,780 --> 03:43:09,780
Senator Christopher Lawrence T. Go: Pakicheck nyo naman po.

4616
03:43:09,780 --> 03:43:12,780
Senator Christopher Lawrence T. Go: Baring makausap nyo rin po ang mga LGU.

4617
03:43:12,780 --> 03:43:15,780
Senator Christopher Lawrence T. Go: Under naman po sa inyo yung BLGF, diba?

4618
03:43:15,780 --> 03:43:16,780
Senator Christopher Lawrence T. Go: Yung mga treasurer.

4619
03:43:16,780 --> 03:43:19,780
Senator Christopher Lawrence T. Go: Maaring dadaan nyo sa kanila rin po.

4620
03:43:19,780 --> 03:43:20,780
Senator Christopher Lawrence T. Go: Pakisilip na lang po ito.

4621
03:43:20,780 --> 03:43:22,780
Senator Christopher Lawrence T. Go: Yun po ang mga reklamo ng mga maliliit na negosyante.

4622
03:43:22,780 --> 03:43:24,780
Senator Christopher Lawrence T. Go: Nalugi na nga sila.

4623
03:43:24,780 --> 03:43:30,780
Senator Christopher Lawrence T. Go: Pahirapan pa silang magsara ng kanilang negosyo, Secretary Goh.

4624
03:43:30,780 --> 03:43:34,780
Senator Christopher Lawrence T. Go: Malaking tulong po ito sa kanila.

4625
03:43:34,780 --> 03:43:39,780
Senator Christopher Lawrence T. Go: Anyway, medyo gusto na po mag-wind up ng ating chairperson.

4626
03:43:39,780 --> 03:43:40,780
Senator Christopher Lawrence T. Go: Sabi ko nga sa inyo.

4627
03:43:40,780 --> 03:43:41,780
Senator Christopher Lawrence T. Go: Full support po ako sa inyo.

4628
03:43:41,780 --> 03:43:47,780
Senator Christopher Lawrence T. Go: With the able leadership ng ating Secretary Frederick Goh ng Finance.

4629
03:43:47,780 --> 03:43:50,780
Senator Christopher Lawrence T. Go: Ako po'y naniniwala na you are in good hands.

4630
03:43:50,780 --> 03:43:56,780
Senator Christopher Lawrence T. Go: Aside from being a Goh also, Secretary Goh.

4631
03:43:56,780 --> 03:44:02,780
Senator Christopher Lawrence T. Go: Alam kong magaling ka naman po at you are very competent dyan sa Department of Finance.

4632
03:44:02,780 --> 03:44:04,780
Senator Christopher Lawrence T. Go: Pero last na lang ito.

4633
03:44:04,780 --> 03:44:05,780
Senator Christopher Lawrence T. Go: Malaking bagay po ito.

4634
03:44:05,780 --> 03:44:10,780
Senator Christopher Lawrence T. Go: It will leave a mark po sa Pilipinas.

4635
03:44:10,780 --> 03:44:11,780
Senator Christopher Lawrence T. Go: Sa Pilipino.

4636
03:44:11,780 --> 03:44:13,780
Senator Christopher Lawrence T. Go: Lalong-lalo na sa mga negosyante.

4637
03:44:13,780 --> 03:44:15,780
Senator Christopher Lawrence T. Go: I'm sure marami kang kaibigan na negosyante.

4638
03:44:15,780 --> 03:44:16,780
Senator Christopher Lawrence T. Go: Nakasama mo noon.

4639
03:44:16,780 --> 03:44:18,780
Senator Christopher Lawrence T. Go: Bago ka pumasok sa gobyerno.

4640
03:44:18,780 --> 03:44:20,780
Senator Christopher Lawrence T. Go: Malaking tulong po ito.

4641
03:44:20,780 --> 03:44:21,780
Senator Christopher Lawrence T. Go: Maraming nagre-reklamo.

4642
03:44:21,780 --> 03:44:23,780
Senator Christopher Lawrence T. Go: And I'm sure maraming nagre-reklamo sa iyo neto.

4643
03:44:23,780 --> 03:44:31,780
Senator Christopher Lawrence T. Go: Kumusta na po itong mga letter of authority na nagiging abuso po ng BIR?

4644
03:44:31,780 --> 03:44:34,780
Senator Christopher Lawrence T. Go: Sabi mo noon, pinatigil mo na itong LOA.

4645
03:44:34,780 --> 03:44:38,780
Senator Christopher Lawrence T. Go: At wala na po bang nagagamit na mga abuses

4646
03:44:38,780 --> 03:44:40,780
Senator Christopher Lawrence T. Go: using the LOA?

4647
03:44:40,780 --> 03:44:45,780
Senator Christopher Lawrence T. Go: Wala na bang nahaharas na mga negosyante using the LOA?

4648
03:44:45,780 --> 03:44:48,780
Senator Christopher Lawrence T. Go: You may answer, Commissioner.

4649
03:44:48,780 --> 03:44:51,780
Senator Christopher Lawrence T. Go: And after Commissioner, you may answer also, Secretary Fredrik Goh.

4650
03:44:51,780 --> 03:44:55,780
Senator Christopher Lawrence T. Go: Since kayo po ang nagpa-stop nitong LOA.

4651
03:44:55,780 --> 03:44:59,780
Senator Joseph Victor "JV" G. Ejercito: Actually, I'd just like to know siguro what are the reforms?

4652
03:45:00,000 --> 03:45:03,160
Senator Joseph Victor "JV" G. Ejercito: that were instituted

4653
03:45:03,160 --> 03:45:04,440
Senator Joseph Victor "JV" G. Ejercito: by when you took over

4654
03:45:04,440 --> 03:45:05,160
Senator Joseph Victor "JV" G. Ejercito: kasi nung ano to

4655
03:45:05,160 --> 03:45:05,780
Senator Joseph Victor "JV" G. Ejercito: Senator Bongo

4656
03:45:05,780 --> 03:45:07,140
Senator Joseph Victor "JV" G. Ejercito: when I think

4657
03:45:07,140 --> 03:45:07,760
Senator Joseph Victor "JV" G. Ejercito: he was the one

4658
03:45:07,760 --> 03:45:08,440
Senator Joseph Victor "JV" G. Ejercito: who brought this up

4659
03:45:08,440 --> 03:45:08,980
Senator Joseph Victor "JV" G. Ejercito: in the floor

4660
03:45:08,980 --> 03:45:10,780
Senator Joseph Victor "JV" G. Ejercito: kaupo lamang

4661
03:45:10,780 --> 03:45:11,860
Senator Joseph Victor "JV" G. Ejercito: ni Commissioner Charlie

4662
03:45:11,860 --> 03:45:12,580
Senator Joseph Victor "JV" G. Ejercito: Ito Mendoza

4663
03:45:12,580 --> 03:45:13,720
Senator Joseph Victor "JV" G. Ejercito: nung tungkol dito

4664
03:45:13,720 --> 03:45:14,700
Senator Joseph Victor "JV" G. Ejercito: sa weaponizing

4665
03:45:14,700 --> 03:45:17,580
Senator Joseph Victor "JV" G. Ejercito: the letters of authority

4666
03:45:17,580 --> 03:45:18,460
Senator Joseph Victor "JV" G. Ejercito: paggamit ng

4667
03:45:18,460 --> 03:45:20,020
Senator Joseph Victor "JV" G. Ejercito: ng loa

4668
03:45:20,020 --> 03:45:20,960
Senator Joseph Victor "JV" G. Ejercito: para

4669
03:45:20,960 --> 03:45:21,980
Senator Joseph Victor "JV" G. Ejercito: pangikil

4670
03:45:21,980 --> 03:45:23,020
Senator Joseph Victor "JV" G. Ejercito: at pang-aabuso

4671
03:45:23,020 --> 03:45:23,860
Senator Joseph Victor "JV" G. Ejercito: so siguro

4672
03:45:23,860 --> 03:45:25,320
Senator Joseph Victor "JV" G. Ejercito: siguro quickly

4673
03:45:25,320 --> 03:45:26,680
Senator Joseph Victor "JV" G. Ejercito: isama mo nyo na rin

4674
03:45:26,680 --> 03:45:27,540
Senator Joseph Victor "JV" G. Ejercito: isama ko na

4675
03:45:27,540 --> 03:45:28,180
Senator Joseph Victor "JV" G. Ejercito: with your indulgence

4676
03:45:28,180 --> 03:45:28,860
Senator Joseph Victor "JV" G. Ejercito: Senator Bongo

4677
03:45:28,860 --> 03:45:30,260
Senator Joseph Victor "JV" G. Ejercito: yung pang-reforms

4678
03:45:30,260 --> 03:45:30,740
Senator Joseph Victor "JV" G. Ejercito: saka yung ano

4679
03:45:30,740 --> 03:45:31,460
Senator Joseph Victor "JV" G. Ejercito: yung mga

4680
03:45:31,460 --> 03:45:34,140
Senator Joseph Victor "JV" G. Ejercito: ano nangyari

4681
03:45:34,140 --> 03:45:34,540
Senator Joseph Victor "JV" G. Ejercito: doon sa

4682
03:45:34,540 --> 03:45:35,580
Senator Joseph Victor "JV" G. Ejercito: memorandum

4683
03:45:35,580 --> 03:45:36,400
Senator Joseph Victor "JV" G. Ejercito: that was issued

4684
03:45:36,400 --> 03:45:37,380
Senator Joseph Victor "JV" G. Ejercito: para

4685
03:45:37,380 --> 03:45:38,980
Senator Joseph Victor "JV" G. Ejercito: at least

4686
03:45:38,980 --> 03:45:40,100
Senator Joseph Victor "JV" G. Ejercito: pwede ba ito

4687
03:45:40,100 --> 03:45:40,680
Senator Joseph Victor "JV" G. Ejercito: ma-verify

4688
03:45:40,680 --> 03:45:41,640
Senator Joseph Victor "JV" G. Ejercito: through electronic

4689
03:45:41,640 --> 03:45:42,100
Senator Joseph Victor "JV" G. Ejercito: mga ganon

4690
03:45:42,100 --> 03:45:42,380
Senator Joseph Victor "JV" G. Ejercito: siguro

4691
03:45:42,380 --> 03:45:42,860
Senator Joseph Victor "JV" G. Ejercito: yung reforms

4692
03:45:42,860 --> 03:45:43,440
Senator Joseph Victor "JV" G. Ejercito: probably

4693
03:45:43,440 --> 03:45:44,200
Senator Joseph Victor "JV" G. Ejercito: Commissioner

4694
03:45:44,200 --> 03:45:45,240
Senator Joseph Victor "JV" G. Ejercito: I would like to find out

4695
03:45:45,240 --> 03:45:46,120
Senator Joseph Victor "JV" G. Ejercito: as Chairman of Finance

4696
03:45:46,120 --> 03:45:47,120
Senator Joseph Victor "JV" G. Ejercito: what reforms

4697
03:45:47,120 --> 03:45:47,700
Senator Joseph Victor "JV" G. Ejercito: were already

4698
03:45:47,700 --> 03:45:49,180
Senator Joseph Victor "JV" G. Ejercito: instituted by your

4699
03:45:49,180 --> 03:45:50,460
Senator Joseph Victor "JV" G. Ejercito: under your organization

4700
03:45:50,460 --> 03:45:54,000
BIR Commissioner Charlito Martin R. Mendoza: Maaalalam nyo nga po

4701
03:45:54,000 --> 03:45:54,880
BIR Commissioner Charlito Martin R. Mendoza: noong November

4702
03:45:54,880 --> 03:45:55,980
BIR Commissioner Charlito Martin R. Mendoza: mid-November

4703
03:45:55,980 --> 03:45:57,160
BIR Commissioner Charlito Martin R. Mendoza: sinuspindi po natin

4704
03:45:57,160 --> 03:45:58,160
BIR Commissioner Charlito Martin R. Mendoza: ang

4705
03:45:58,160 --> 03:45:59,240
BIR Commissioner Charlito Martin R. Mendoza: audits

4706
03:45:59,240 --> 03:46:00,880
BIR Commissioner Charlito Martin R. Mendoza: sapagkat

4707
03:46:00,880 --> 03:46:02,240
BIR Commissioner Charlito Martin R. Mendoza: napakaraming reklamo

4708
03:46:02,240 --> 03:46:02,840
BIR Commissioner Charlito Martin R. Mendoza: na nirais

4709
03:46:02,840 --> 03:46:03,400
BIR Commissioner Charlito Martin R. Mendoza: ng ating mga

4710
03:46:03,400 --> 03:46:04,420
BIR Commissioner Charlito Martin R. Mendoza: taxpayers noon

4711
03:46:04,420 --> 03:46:05,640
BIR Commissioner Charlito Martin R. Mendoza: we suspended

4712
03:46:05,640 --> 03:46:06,420
BIR Commissioner Charlito Martin R. Mendoza: the audit

4713
03:46:06,420 --> 03:46:07,240
BIR Commissioner Charlito Martin R. Mendoza: for two months

4714
03:46:07,240 --> 03:46:08,360
BIR Commissioner Charlito Martin R. Mendoza: and over

4715
03:46:08,360 --> 03:46:09,460
BIR Commissioner Charlito Martin R. Mendoza: those two months po

4716
03:46:09,460 --> 03:46:10,340
BIR Commissioner Charlito Martin R. Mendoza: sa panahon na yun

4717
03:46:10,340 --> 03:46:11,160
BIR Commissioner Charlito Martin R. Mendoza: tinignan natin

4718
03:46:11,160 --> 03:46:12,040
BIR Commissioner Charlito Martin R. Mendoza: yung mga proseso

4719
03:46:12,040 --> 03:46:13,260
BIR Commissioner Charlito Martin R. Mendoza: inanalyze natin

4720
03:46:13,260 --> 03:46:14,120
BIR Commissioner Charlito Martin R. Mendoza: in-evaluate natin

4721
03:46:14,120 --> 03:46:14,780
BIR Commissioner Charlito Martin R. Mendoza: tinignan natin

4722
03:46:14,780 --> 03:46:15,120
BIR Commissioner Charlito Martin R. Mendoza: kung saan

4723
03:46:15,120 --> 03:46:15,340
BIR Commissioner Charlito Martin R. Mendoza: ang mga

4724
03:46:15,340 --> 03:46:16,240
BIR Commissioner Charlito Martin R. Mendoza: loopholes

4725
03:46:16,240 --> 03:46:17,320
BIR Commissioner Charlito Martin R. Mendoza: ano yung mga areas na

4726
03:46:17,320 --> 03:46:19,000
BIR Commissioner Charlito Martin R. Mendoza: potential areas

4727
03:46:19,000 --> 03:46:19,740
BIR Commissioner Charlito Martin R. Mendoza: for abuse

4728
03:46:19,740 --> 03:46:21,860
BIR Commissioner Charlito Martin R. Mendoza: at during that period din po

4729
03:46:21,860 --> 03:46:22,760
BIR Commissioner Charlito Martin R. Mendoza: umiko tayo

4730
03:46:22,760 --> 03:46:23,600
BIR Commissioner Charlito Martin R. Mendoza: kinausap natin

4731
03:46:23,600 --> 03:46:24,100
BIR Commissioner Charlito Martin R. Mendoza: ang ating mga

4732
03:46:24,100 --> 03:46:24,700
BIR Commissioner Charlito Martin R. Mendoza: stakeholders

4733
03:46:24,700 --> 03:46:25,820
BIR Commissioner Charlito Martin R. Mendoza: ang ating mga

4734
03:46:25,820 --> 03:46:26,940
BIR Commissioner Charlito Martin R. Mendoza: business organizations

4735
03:46:26,940 --> 03:46:28,000
BIR Commissioner Charlito Martin R. Mendoza: even the Chambers of Commerce

4736
03:46:28,160 --> 03:46:30,280
BIR Commissioner Charlito Martin R. Mendoza: at hiningi po natin

4737
03:46:30,280 --> 03:46:31,360
BIR Commissioner Charlito Martin R. Mendoza: ang kanila mga komento

4738
03:46:31,360 --> 03:46:33,060
BIR Commissioner Charlito Martin R. Mendoza: kung papaano po

4739
03:46:33,060 --> 03:46:34,820
BIR Commissioner Charlito Martin R. Mendoza: isolve itong problema na ito

4740
03:46:34,820 --> 03:46:36,220
BIR Commissioner Charlito Martin R. Mendoza: so noon pong

4741
03:46:36,220 --> 03:46:36,800
BIR Commissioner Charlito Martin R. Mendoza: January

4742
03:46:36,800 --> 03:46:38,000
BIR Commissioner Charlito Martin R. Mendoza: naglabas po tayo

4743
03:46:38,000 --> 03:46:39,440
BIR Commissioner Charlito Martin R. Mendoza: ng Revenue Memorandum Order

4744
03:46:39,440 --> 03:46:41,000
BIR Commissioner Charlito Martin R. Mendoza: providing for

4745
03:46:41,000 --> 03:46:43,420
BIR Commissioner Charlito Martin R. Mendoza: new audit guidelines

4746
03:46:43,420 --> 03:46:44,180
BIR Commissioner Charlito Martin R. Mendoza: at

4747
03:46:44,180 --> 03:46:45,460
BIR Commissioner Charlito Martin R. Mendoza: lately po

4748
03:46:45,460 --> 03:46:46,280
BIR Commissioner Charlito Martin R. Mendoza: naglabas po tayo

4749
03:46:46,280 --> 03:46:47,100
BIR Commissioner Charlito Martin R. Mendoza: ng panibagong

4750
03:46:47,100 --> 03:46:48,340
BIR Commissioner Charlito Martin R. Mendoza: audit manual

4751
03:46:48,340 --> 03:46:49,560
BIR Commissioner Charlito Martin R. Mendoza: audit program

4752
03:46:49,560 --> 03:46:51,280
BIR Commissioner Charlito Martin R. Mendoza: further

4753
03:46:51,280 --> 03:46:53,540
BIR Commissioner Charlito Martin R. Mendoza: refining

4754
03:46:53,540 --> 03:46:55,420
BIR Commissioner Charlito Martin R. Mendoza: itong ating

4755
03:46:55,420 --> 03:46:56,740
BIR Commissioner Charlito Martin R. Mendoza: panibagong proseso

4756
03:46:56,740 --> 03:46:57,640
BIR Commissioner Charlito Martin R. Mendoza: sa pag-audit

4757
03:46:57,640 --> 03:46:58,120
BIR Commissioner Charlito Martin R. Mendoza: and

4758
03:46:58,160 --> 03:46:58,880
BIR Commissioner Charlito Martin R. Mendoza: and I can say po

4759
03:46:58,880 --> 03:46:59,960
BIR Commissioner Charlito Martin R. Mendoza: that we have introduced

4760
03:46:59,960 --> 03:47:01,520
BIR Commissioner Charlito Martin R. Mendoza: substantial reforms

4761
03:47:01,520 --> 03:47:03,080
BIR Commissioner Charlito Martin R. Mendoza: and compassing reforms

4762
03:47:03,080 --> 03:47:03,960
BIR Commissioner Charlito Martin R. Mendoza: this year

4763
03:47:03,960 --> 03:47:05,740
BIR Commissioner Charlito Martin R. Mendoza: so ano po yung mga features

4764
03:47:05,740 --> 03:47:06,400
BIR Commissioner Charlito Martin R. Mendoza: ng ating

4765
03:47:06,400 --> 03:47:08,100
BIR Commissioner Charlito Martin R. Mendoza: audit reforms

4766
03:47:08,100 --> 03:47:08,620
BIR Commissioner Charlito Martin R. Mendoza: unang una po

4767
03:47:08,620 --> 03:47:11,400
Senator Joseph Victor "JV" G. Ejercito: just interject before

4768
03:47:11,400 --> 03:47:13,300
Senator Joseph Victor "JV" G. Ejercito: do you still allow

4769
03:47:13,300 --> 03:47:14,020
Senator Joseph Victor "JV" G. Ejercito: multiple

4770
03:47:14,020 --> 03:47:14,960
Senator Joseph Victor "JV" G. Ejercito: loas

4771
03:47:14,960 --> 03:47:15,560
Senator Joseph Victor "JV" G. Ejercito: in a year?

4772
03:47:15,900 --> 03:47:16,440
Senator Joseph Victor "JV" G. Ejercito: wala na po yan

4773
03:47:16,440 --> 03:47:17,480
Senator Joseph Victor "JV" G. Ejercito: yan kasi ano eh no

4774
03:47:17,480 --> 03:47:18,760
Senator Joseph Victor "JV" G. Ejercito: doon kasi naging abuso

4775
03:47:18,760 --> 03:47:19,540
Senator Joseph Victor "JV" G. Ejercito: yung maraming

4776
03:47:19,540 --> 03:47:20,960
Senator Joseph Victor "JV" G. Ejercito: nabigyan na

4777
03:47:20,960 --> 03:47:22,360
Senator Joseph Victor "JV" G. Ejercito: tapos meron pa

4778
03:47:22,360 --> 03:47:23,300
Senator Joseph Victor "JV" G. Ejercito: paulit-ulit pa

4779
03:47:23,300 --> 03:47:24,020
Senator Joseph Victor "JV" G. Ejercito: so siguro

4780
03:47:24,020 --> 03:47:25,680
Senator Joseph Victor "JV" G. Ejercito: makapakidagdag na rin din po ito

4781
03:47:25,680 --> 03:47:26,040
Senator Joseph Victor "JV" G. Ejercito: kung

4782
03:47:26,040 --> 03:47:27,500
Senator Joseph Victor "JV" G. Ejercito: ano man ang ginawa nyo rito

4783
03:47:27,500 --> 03:47:28,000
Senator Joseph Victor "JV" G. Ejercito: ah

4784
03:47:28,000 --> 03:47:29,180
BIR Commissioner Charlito Martin R. Mendoza: maaalala ko po

4785
03:47:29,180 --> 03:47:30,240
BIR Commissioner Charlito Martin R. Mendoza: noong mga panahon na

4786
03:47:30,240 --> 03:47:31,080
BIR Commissioner Charlito Martin R. Mendoza: nagkamaroon pa nga ng

4787
03:47:31,080 --> 03:47:32,540
BIR Commissioner Charlito Martin R. Mendoza: Senate Blue Ribbon Committee Hearing

4788
03:47:32,540 --> 03:47:34,440
BIR Commissioner Charlito Martin R. Mendoza: yan ho ang unang-unang reklamo

4789
03:47:34,440 --> 03:47:35,840
BIR Commissioner Charlito Martin R. Mendoza: na ang isang taxpayer

4790
03:47:35,840 --> 03:47:37,180
BIR Commissioner Charlito Martin R. Mendoza: ay maaaring ma-audit

4791
03:47:37,180 --> 03:47:38,140
BIR Commissioner Charlito Martin R. Mendoza: multiple times

4792
03:47:38,140 --> 03:47:39,880
BIR Commissioner Charlito Martin R. Mendoza: for the same taxable year

4793
03:47:39,880 --> 03:47:40,900
BIR Commissioner Charlito Martin R. Mendoza: it was because

4794
03:47:40,900 --> 03:47:41,560
BIR Commissioner Charlito Martin R. Mendoza: meron ho tayong

4795
03:47:41,560 --> 03:47:42,780
BIR Commissioner Charlito Martin R. Mendoza: separate VAT audit

4796
03:47:42,780 --> 03:47:43,780
BIR Commissioner Charlito Martin R. Mendoza: during that

4797
03:47:43,780 --> 03:47:44,360
BIR Commissioner Charlito Martin R. Mendoza: previously

4798
03:47:44,360 --> 03:47:44,800
BIR Commissioner Charlito Martin R. Mendoza: meron

4799
03:47:44,800 --> 03:47:45,940
BIR Commissioner Charlito Martin R. Mendoza: ma-audit ka ng

4800
03:47:45,940 --> 03:47:46,640
BIR Commissioner Charlito Martin R. Mendoza: first SEM

4801
03:47:46,640 --> 03:47:47,420
BIR Commissioner Charlito Martin R. Mendoza: sa VAT

4802
03:47:47,420 --> 03:47:48,240
BIR Commissioner Charlito Martin R. Mendoza: ma-audit ka ng

4803
03:47:48,240 --> 03:47:49,260
BIR Commissioner Charlito Martin R. Mendoza: second SEM sa VAT

4804
03:47:49,260 --> 03:47:50,820
BIR Commissioner Charlito Martin R. Mendoza: and then the following year

4805
03:47:50,820 --> 03:47:51,800
BIR Commissioner Charlito Martin R. Mendoza: pag-file mo ng

4806
03:47:51,800 --> 03:47:52,780
BIR Commissioner Charlito Martin R. Mendoza: income tax return mo

4807
03:47:52,780 --> 03:47:53,400
BIR Commissioner Charlito Martin R. Mendoza: the following year

4808
03:47:53,400 --> 03:47:54,440
BIR Commissioner Charlito Martin R. Mendoza: ma-audit ka na naman

4809
03:47:54,440 --> 03:47:55,600
BIR Commissioner Charlito Martin R. Mendoza: for all other

4810
03:47:55,600 --> 03:47:57,700
BIR Commissioner Charlito Martin R. Mendoza: types of taxes

4811
03:47:57,700 --> 03:47:58,540
BIR Commissioner Charlito Martin R. Mendoza: so sa makatawid

4812
03:47:58,540 --> 03:47:59,260
BIR Commissioner Charlito Martin R. Mendoza: sa isang taon

4813
03:47:59,260 --> 03:48:00,560
BIR Commissioner Charlito Martin R. Mendoza: same taxable year

4814
03:48:00,560 --> 03:48:02,000
BIR Commissioner Charlito Martin R. Mendoza: maaari kang ma-audit

4815
03:48:02,000 --> 03:48:02,880
BIR Commissioner Charlito Martin R. Mendoza: ng tatlong beses

4816
03:48:02,880 --> 03:48:03,460
BIR Commissioner Charlito Martin R. Mendoza: at yung po ay

4817
03:48:03,460 --> 03:48:04,380
BIR Commissioner Charlito Martin R. Mendoza: napakabigat

4818
03:48:04,380 --> 03:48:05,040
BIR Commissioner Charlito Martin R. Mendoza: at napakahira

4819
03:48:05,040 --> 03:48:06,260
BIR Commissioner Charlito Martin R. Mendoza: para sa ating mga taxpayers

4820
03:48:06,260 --> 03:48:07,860
BIR Commissioner Charlito Martin R. Mendoza: so ang ginawa po natin

4821
03:48:07,860 --> 03:48:09,460
BIR Commissioner Charlito Martin R. Mendoza: is inalist na po natin yan

4822
03:48:09,460 --> 03:48:11,160
BIR Commissioner Charlito Martin R. Mendoza: inabolish na po natin yan

4823
03:48:11,160 --> 03:48:12,100
BIR Commissioner Charlito Martin R. Mendoza: simula ngayong taon

4824
03:48:12,100 --> 03:48:13,420
BIR Commissioner Charlito Martin R. Mendoza: we have shifted

4825
03:48:13,420 --> 03:48:14,660
BIR Commissioner Charlito Martin R. Mendoza: to a single instance

4826
03:48:14,660 --> 03:48:15,520
BIR Commissioner Charlito Martin R. Mendoza: audit framework

4827
03:48:15,520 --> 03:48:16,440
BIR Commissioner Charlito Martin R. Mendoza: meaning to say

4828
03:48:16,440 --> 03:48:17,220
BIR Commissioner Charlito Martin R. Mendoza: na wala na pong

4829
03:48:17,220 --> 03:48:18,200
BIR Commissioner Charlito Martin R. Mendoza: separate audit

4830
03:48:18,200 --> 03:48:18,960
BIR Commissioner Charlito Martin R. Mendoza: sa VAT

4831
03:48:18,960 --> 03:48:20,560
BIR Commissioner Charlito Martin R. Mendoza: isang beses ka na lang

4832
03:48:20,560 --> 03:48:21,340
BIR Commissioner Charlito Martin R. Mendoza: pong ma-audit

4833
03:48:21,340 --> 03:48:23,160
BIR Commissioner Charlito Martin R. Mendoza: for a given taxable year

4834
03:48:23,160 --> 03:48:24,060
BIR Commissioner Charlito Martin R. Mendoza: starting this year

4835
03:48:24,060 --> 03:48:24,780
BIR Commissioner Charlito Martin R. Mendoza: at ito po ay

4836
03:48:24,780 --> 03:48:25,940
BIR Commissioner Charlito Martin R. Mendoza: i-encompass na

4837
03:48:25,940 --> 03:48:26,960
BIR Commissioner Charlito Martin R. Mendoza: lahat ng

4838
03:48:26,960 --> 03:48:27,580
BIR Commissioner Charlito Martin R. Mendoza: all types

4839
03:48:27,580 --> 03:48:28,160
BIR Commissioner Charlito Martin R. Mendoza: of taxes

4840
03:48:28,160 --> 03:48:29,040
BIR Commissioner Charlito Martin R. Mendoza: including

4841
03:48:29,040 --> 03:48:29,920
BIR Commissioner Charlito Martin R. Mendoza: VAT

4842
03:48:29,920 --> 03:48:31,160
BIR Commissioner Charlito Martin R. Mendoza: at to

4843
03:48:31,160 --> 03:48:32,460
BIR Commissioner Charlito Martin R. Mendoza: implement that

4844
03:48:32,460 --> 03:48:34,220
BIR Commissioner Charlito Martin R. Mendoza: inabolish ko na po namin

4845
03:48:34,220 --> 03:48:35,200
BIR Commissioner Charlito Martin R. Mendoza: inalist na po namin

4846
03:48:35,200 --> 03:48:35,840
BIR Commissioner Charlito Martin R. Mendoza: ang mga VAT

4847
03:48:35,840 --> 03:48:36,620
BIR Commissioner Charlito Martin R. Mendoza: audit units

4848
03:48:36,620 --> 03:48:37,240
BIR Commissioner Charlito Martin R. Mendoza: ng BIR

4849
03:48:37,240 --> 03:48:38,460
BIR Commissioner Charlito Martin R. Mendoza: wala na po tayong

4850
03:48:38,460 --> 03:48:39,380
BIR Commissioner Charlito Martin R. Mendoza: VAT audit units

4851
03:48:39,380 --> 03:48:39,940
BIR Commissioner Charlito Martin R. Mendoza: ng BIR

4852
03:48:39,940 --> 03:48:41,220
BIR Commissioner Charlito Martin R. Mendoza: kaya't hindi na po sila

4853
03:48:41,220 --> 03:48:41,780
BIR Commissioner Charlito Martin R. Mendoza: magkakamero

4854
03:48:41,780 --> 03:48:43,140
BIR Commissioner Charlito Martin R. Mendoza: ng separate VAT audit

4855
03:48:43,140 --> 03:48:45,120
BIR Commissioner Charlito Martin R. Mendoza: isang beses na lamang po sila

4856
03:48:45,120 --> 03:48:46,500
BIR Commissioner Charlito Martin R. Mendoza: starting this taxable year

4857
03:48:46,500 --> 03:48:47,280
BIR Commissioner Charlito Martin R. Mendoza: ma-audit

4858
03:48:47,280 --> 03:48:48,040
BIR Commissioner Charlito Martin R. Mendoza: yan po ang una

4859
03:48:48,040 --> 03:48:48,740
BIR Commissioner Charlito Martin R. Mendoza: pangalawa po

4860
03:48:48,740 --> 03:48:50,140
BIR Commissioner Charlito Martin R. Mendoza: naging concern din yung

4861
03:48:50,140 --> 03:48:51,440
BIR Commissioner Charlito Martin R. Mendoza: palagi akong na-audit

4862
03:48:51,440 --> 03:48:53,600
BIR Commissioner Charlito Martin R. Mendoza: before po kasi

4863
03:48:53,600 --> 03:48:54,880
BIR Commissioner Charlito Martin R. Mendoza: delegated natin

4864
03:48:54,880 --> 03:48:55,460
BIR Commissioner Charlito Martin R. Mendoza: sa ating mga

4865
03:48:55,460 --> 03:48:56,680
BIR Commissioner Charlito Martin R. Mendoza: regional directors

4866
03:48:56,680 --> 03:48:57,420
BIR Commissioner Charlito Martin R. Mendoza: yung pag-i-issue

4867
03:48:57,420 --> 03:48:57,560
BIR Commissioner Charlito Martin R. Mendoza: yung mga

4868
03:48:57,580 --> 03:48:59,360
BIR Commissioner Charlito Martin R. Mendoza: letters of authority

4869
03:48:59,360 --> 03:49:01,980
BIR Commissioner Charlito Martin R. Mendoza: for priority audit cases

4870
03:49:01,980 --> 03:49:03,180
BIR Commissioner Charlito Martin R. Mendoza: ngayon po

4871
03:49:03,180 --> 03:49:03,920
BIR Commissioner Charlito Martin R. Mendoza: we have shifted

4872
03:49:03,920 --> 03:49:04,620
BIR Commissioner Charlito Martin R. Mendoza: to a

4873
03:49:04,620 --> 03:49:05,980
BIR Commissioner Charlito Martin R. Mendoza: system-assisted

4874
03:49:05,980 --> 03:49:07,300
BIR Commissioner Charlito Martin R. Mendoza: risk-based audit

4875
03:49:07,300 --> 03:49:08,860
BIR Commissioner Charlito Martin R. Mendoza: pagdating po sa mga

4876
03:49:08,860 --> 03:49:09,900
BIR Commissioner Charlito Martin R. Mendoza: priority audits

4877
03:49:09,900 --> 03:49:11,140
BIR Commissioner Charlito Martin R. Mendoza: hindi na po nang gagaling

4878
03:49:11,140 --> 03:49:12,260
BIR Commissioner Charlito Martin R. Mendoza: sa mga regional directors

4879
03:49:12,260 --> 03:49:12,920
BIR Commissioner Charlito Martin R. Mendoza: ang pagpili

4880
03:49:12,920 --> 03:49:14,040
BIR Commissioner Charlito Martin R. Mendoza: ng mga taxpayers

4881
03:49:14,040 --> 03:49:14,580
BIR Commissioner Charlito Martin R. Mendoza: na i-audit

4882
03:49:15,240 --> 03:49:16,140
BIR Commissioner Charlito Martin R. Mendoza: meron po tayong

4883
03:49:16,140 --> 03:49:16,980
BIR Commissioner Charlito Martin R. Mendoza: isang system

4884
03:49:16,980 --> 03:49:18,220
BIR Commissioner Charlito Martin R. Mendoza: na kung tawagin natin

4885
03:49:18,220 --> 03:49:19,340
BIR Commissioner Charlito Martin R. Mendoza: as data warehouse

4886
03:49:19,340 --> 03:49:20,480
BIR Commissioner Charlito Martin R. Mendoza: nandun po lahat

4887
03:49:20,480 --> 03:49:20,820
BIR Commissioner Charlito Martin R. Mendoza: ng mga

4888
03:49:20,820 --> 03:49:21,900
BIR Commissioner Charlito Martin R. Mendoza: tax returns

4889
03:49:21,900 --> 03:49:23,060
BIR Commissioner Charlito Martin R. Mendoza: na fila ng mga taxpayers

4890
03:49:23,060 --> 03:49:24,580
BIR Commissioner Charlito Martin R. Mendoza: even yung other

4891
03:49:24,580 --> 03:49:25,680
BIR Commissioner Charlito Martin R. Mendoza: accompanying documents

4892
03:49:25,680 --> 03:49:26,580
BIR Commissioner Charlito Martin R. Mendoza: audited financial statements

4893
03:49:26,580 --> 03:49:27,420
BIR Commissioner Charlito Martin R. Mendoza: to the

4894
03:49:27,420 --> 03:49:28,860
BIR Commissioner Charlito Martin R. Mendoza: so naglagay po tayo

4895
03:49:28,860 --> 03:49:29,680
BIR Commissioner Charlito Martin R. Mendoza: ng mga parameters

4896
03:49:29,680 --> 03:49:30,040
BIR Commissioner Charlito Martin R. Mendoza: dun

4897
03:49:30,040 --> 03:49:31,300
BIR Commissioner Charlito Martin R. Mendoza: sa tulong ng ating

4898
03:49:31,300 --> 03:49:32,380
BIR Commissioner Charlito Martin R. Mendoza: mga IT

4899
03:49:32,380 --> 03:49:33,660
BIR Commissioner Charlito Martin R. Mendoza: personnel

4900
03:49:33,660 --> 03:49:34,820
BIR Commissioner Charlito Martin R. Mendoza: so ngayon po

4901
03:49:34,820 --> 03:49:35,640
BIR Commissioner Charlito Martin R. Mendoza: yun na pong machine

4902
03:49:35,640 --> 03:49:36,480
BIR Commissioner Charlito Martin R. Mendoza: ang nagsasabi

4903
03:49:36,480 --> 03:49:37,940
BIR Commissioner Charlito Martin R. Mendoza: kung sino ang i-audit

4904
03:49:37,940 --> 03:49:39,540
BIR Commissioner Charlito Martin R. Mendoza: based doon sa parameters

4905
03:49:39,540 --> 03:49:40,600
BIR Commissioner Charlito Martin R. Mendoza: na naka-embed

4906
03:49:40,600 --> 03:49:41,480
BIR Commissioner Charlito Martin R. Mendoza: na po sa system

4907
03:49:41,480 --> 03:49:42,580
BIR Commissioner Charlito Martin R. Mendoza: so diyan po

4908
03:49:42,580 --> 03:49:43,380
BIR Commissioner Charlito Martin R. Mendoza: hindi na po tayo

4909
03:49:43,380 --> 03:49:44,020
BIR Commissioner Charlito Martin R. Mendoza: namimili

4910
03:49:44,020 --> 03:49:45,300
BIR Commissioner Charlito Martin R. Mendoza: wala na tayong

4911
03:49:45,300 --> 03:49:46,480
BIR Commissioner Charlito Martin R. Mendoza: discretion sa pagpili

4912
03:49:46,480 --> 03:49:47,780
BIR Commissioner Charlito Martin R. Mendoza: kung ikaw po

4913
03:49:47,780 --> 03:49:48,460
BIR Commissioner Charlito Martin R. Mendoza: ay mapili

4914
03:49:48,460 --> 03:49:49,660
BIR Commissioner Charlito Martin R. Mendoza: ng system for audit

4915
03:49:49,660 --> 03:49:50,380
BIR Commissioner Charlito Martin R. Mendoza: ibig sabihin no

4916
03:49:50,380 --> 03:49:51,320
BIR Commissioner Charlito Martin R. Mendoza: may problema talaga

4917
03:49:51,320 --> 03:49:52,680
BIR Commissioner Charlito Martin R. Mendoza: pero palagi ko naman

4918
03:49:52,680 --> 03:49:53,560
BIR Commissioner Charlito Martin R. Mendoza: hong sinasabi na

4919
03:49:53,560 --> 03:49:54,380
BIR Commissioner Charlito Martin R. Mendoza: yun hong

4920
03:49:54,380 --> 03:49:55,380
BIR Commissioner Charlito Martin R. Mendoza: letter of authority

4921
03:49:55,380 --> 03:49:56,360
BIR Commissioner Charlito Martin R. Mendoza: is not a conclusion

4922
03:49:56,360 --> 03:49:57,200
BIR Commissioner Charlito Martin R. Mendoza: of liability

4923
03:49:57,420 --> 03:49:58,280
BIR Commissioner Charlito Martin R. Mendoza: at that point

4924
03:49:58,280 --> 03:49:59,280
BIR Commissioner Charlito Martin R. Mendoza: wala pa pong assessment

4925
03:49:59,280 --> 03:50:00,660
BIR Commissioner Charlito Martin R. Mendoza: ang sinasabi lang po

4926
03:50:00,660 --> 03:50:01,700
BIR Commissioner Charlito Martin R. Mendoza: sa letter of authority

4927
03:50:01,700 --> 03:50:03,440
BIR Commissioner Charlito Martin R. Mendoza: mag-submit ka ng documents

4928
03:50:03,440 --> 03:50:04,480
BIR Commissioner Charlito Martin R. Mendoza: nakita kasi namin

4929
03:50:04,480 --> 03:50:05,500
BIR Commissioner Charlito Martin R. Mendoza: initially may red flag

4930
03:50:05,500 --> 03:50:06,520
BIR Commissioner Charlito Martin R. Mendoza: mag-submit ka ng documents

4931
03:50:06,520 --> 03:50:07,580
BIR Commissioner Charlito Martin R. Mendoza: and then we will see

4932
03:50:07,580 --> 03:50:08,580
BIR Commissioner Charlito Martin R. Mendoza: titignan natin

4933
03:50:08,580 --> 03:50:10,240
BIR Commissioner Charlito Martin R. Mendoza: kung meron ba talagang problema

4934
03:50:10,240 --> 03:50:11,640
BIR Commissioner Charlito Martin R. Mendoza: sapagkat in many instances

4935
03:50:11,640 --> 03:50:12,140
BIR Commissioner Charlito Martin R. Mendoza: naman po

4936
03:50:12,140 --> 03:50:13,540
BIR Commissioner Charlito Martin R. Mendoza: na-issuehan ng letter of authority

4937
03:50:13,540 --> 03:50:15,120
BIR Commissioner Charlito Martin R. Mendoza: pero na-terminate ang audit

4938
03:50:15,120 --> 03:50:16,700
BIR Commissioner Charlito Martin R. Mendoza: dahil wala namang nakitang

4939
03:50:16,700 --> 03:50:18,660
BIR Commissioner Charlito Martin R. Mendoza: deficiency sa kanyang tax payments

4940
03:50:18,660 --> 03:50:20,440
BIR Commissioner Charlito Martin R. Mendoza: another reform po

4941
03:50:20,440 --> 03:50:21,280
BIR Commissioner Charlito Martin R. Mendoza: that we have introduced

4942
03:50:21,280 --> 03:50:21,720
BIR Commissioner Charlito Martin R. Mendoza: this year

4943
03:50:21,720 --> 03:50:23,320
BIR Commissioner Charlito Martin R. Mendoza: is the anonymized case assignment

4944
03:50:23,320 --> 03:50:24,580
BIR Commissioner Charlito Martin R. Mendoza: palagi hong

4945
03:50:24,580 --> 03:50:26,120
BIR Commissioner Charlito Martin R. Mendoza: nagiging reklamo dati na

4946
03:50:26,120 --> 03:50:27,400
BIR Commissioner Charlito Martin R. Mendoza: suki-suki

4947
03:50:27,420 --> 03:50:29,300
BIR Commissioner Charlito Martin R. Mendoza: itong examiner na ito

4948
03:50:29,300 --> 03:50:30,060
BIR Commissioner Charlito Martin R. Mendoza: alam na niya

4949
03:50:30,060 --> 03:50:30,900
BIR Commissioner Charlito Martin R. Mendoza: nasa araw na ito

4950
03:50:30,900 --> 03:50:32,880
BIR Commissioner Charlito Martin R. Mendoza: darating itong examiner na ito

4951
03:50:32,880 --> 03:50:33,760
BIR Commissioner Charlito Martin R. Mendoza: para i-audit siya

4952
03:50:33,760 --> 03:50:35,120
BIR Commissioner Charlito Martin R. Mendoza: so nagkakamaroon ng familiarity

4953
03:50:35,120 --> 03:50:36,440
BIR Commissioner Charlito Martin R. Mendoza: nagiging cost po

4954
03:50:36,440 --> 03:50:37,400
BIR Commissioner Charlito Martin R. Mendoza: and potential area

4955
03:50:37,400 --> 03:50:38,580
BIR Commissioner Charlito Martin R. Mendoza: for abuse

4956
03:50:38,580 --> 03:50:39,700
BIR Commissioner Charlito Martin R. Mendoza: and corruption

4957
03:50:39,700 --> 03:50:40,480
BIR Commissioner Charlito Martin R. Mendoza: so ngayon ho

4958
03:50:40,480 --> 03:50:41,980
BIR Commissioner Charlito Martin R. Mendoza: pag in-assign po natin

4959
03:50:41,980 --> 03:50:43,180
BIR Commissioner Charlito Martin R. Mendoza: ang isang audit case

4960
03:50:43,180 --> 03:50:43,740
BIR Commissioner Charlito Martin R. Mendoza: sa region

4961
03:50:43,740 --> 03:50:44,820
BIR Commissioner Charlito Martin R. Mendoza: anonymized po yun

4962
03:50:44,820 --> 03:50:46,100
BIR Commissioner Charlito Martin R. Mendoza: hindi po nila alam

4963
03:50:46,100 --> 03:50:46,900
BIR Commissioner Charlito Martin R. Mendoza: kung ano ang pangalan

4964
03:50:46,900 --> 03:50:47,520
BIR Commissioner Charlito Martin R. Mendoza: ng taxpayers

4965
03:50:47,520 --> 03:50:48,840
BIR Commissioner Charlito Martin R. Mendoza: malalaman lang nila

4966
03:50:48,840 --> 03:50:50,300
BIR Commissioner Charlito Martin R. Mendoza: kapag na-assign na sa examiner

4967
03:50:50,300 --> 03:50:51,940
BIR Commissioner Charlito Martin R. Mendoza: at saka sa group supervisor

4968
03:50:51,940 --> 03:50:53,400
BIR Commissioner Charlito Martin R. Mendoza: may mga birthing pain

4969
03:50:53,400 --> 03:50:54,360
BIR Commissioner Charlito Martin R. Mendoza: lang po kami dyan talaga

4970
03:50:54,360 --> 03:50:55,480
BIR Commissioner Charlito Martin R. Mendoza: since bagong system

4971
03:50:55,480 --> 03:50:56,960
BIR Commissioner Charlito Martin R. Mendoza: kaya mapapansin nyo ho

4972
03:50:56,960 --> 03:50:57,260
BIR Commissioner Charlito Martin R. Mendoza: this year

4973
03:50:57,420 --> 03:50:58,740
BIR Commissioner Charlito Martin R. Mendoza: talagang medyo na-delay

4974
03:50:58,740 --> 03:50:59,620
BIR Commissioner Charlito Martin R. Mendoza: yung pag-deploy namin

4975
03:50:59,620 --> 03:51:00,560
BIR Commissioner Charlito Martin R. Mendoza: ng letters of authority

4976
03:51:00,560 --> 03:51:01,800
BIR Commissioner Charlito Martin R. Mendoza: because of all these reforms

4977
03:51:01,800 --> 03:51:03,280
BIR Commissioner Charlito Martin R. Mendoza: that we have been doing

4978
03:51:03,280 --> 03:51:04,440
BIR Commissioner Charlito Martin R. Mendoza: pangatlo

4979
03:51:04,440 --> 03:51:05,320
BIR Commissioner Charlito Martin R. Mendoza: pang-apat po

4980
03:51:05,320 --> 03:51:06,520
BIR Commissioner Charlito Martin R. Mendoza: meron tayong

4981
03:51:06,520 --> 03:51:07,100
BIR Commissioner Charlito Martin R. Mendoza: of course

4982
03:51:07,100 --> 03:51:08,840
BIR Commissioner Charlito Martin R. Mendoza: meron tayong discrepancy discussion

4983
03:51:08,840 --> 03:51:10,440
BIR Commissioner Charlito Martin R. Mendoza: kapag nakita

4984
03:51:10,440 --> 03:51:11,300
BIR Commissioner Charlito Martin R. Mendoza: ng examiner

4985
03:51:11,300 --> 03:51:12,180
BIR Commissioner Charlito Martin R. Mendoza: na may kulang

4986
03:51:12,180 --> 03:51:13,100
BIR Commissioner Charlito Martin R. Mendoza: kasa binayaran buwis

4987
03:51:13,100 --> 03:51:13,620
BIR Commissioner Charlito Martin R. Mendoza: hindi naman nuka

4988
03:51:13,620 --> 03:51:14,380
BIR Commissioner Charlito Martin R. Mendoza: agad-agad ito

4989
03:51:14,380 --> 03:51:15,280
BIR Commissioner Charlito Martin R. Mendoza: na-i-issuehan ng

4990
03:51:15,280 --> 03:51:16,160
BIR Commissioner Charlito Martin R. Mendoza: assessment notice

4991
03:51:16,160 --> 03:51:17,840
BIR Commissioner Charlito Martin R. Mendoza: mag-uusap po muna sila

4992
03:51:17,840 --> 03:51:18,480
BIR Commissioner Charlito Martin R. Mendoza: uuupo sila

4993
03:51:18,480 --> 03:51:19,120
BIR Commissioner Charlito Martin R. Mendoza: with the taxpayers

4994
03:51:19,120 --> 03:51:20,280
BIR Commissioner Charlito Martin R. Mendoza: and the taxpayer is given

4995
03:51:20,280 --> 03:51:21,280
BIR Commissioner Charlito Martin R. Mendoza: the chance to explain

4996
03:51:21,280 --> 03:51:22,220
BIR Commissioner Charlito Martin R. Mendoza: kung bakit ito

4997
03:51:22,220 --> 03:51:23,140
BIR Commissioner Charlito Martin R. Mendoza: ang findings namin

4998
03:51:23,140 --> 03:51:24,440
BIR Commissioner Charlito Martin R. Mendoza: at yan po ay recorded

4999
03:51:24,440 --> 03:51:25,800
BIR Commissioner Charlito Martin R. Mendoza: may minutes of meeting po

5000
03:51:25,800 --> 03:51:26,640
BIR Commissioner Charlito Martin R. Mendoza: and then

5001
03:51:26,640 --> 03:51:27,560
BIR Commissioner Charlito Martin R. Mendoza: na-raise din po

5002
03:51:27,560 --> 03:51:28,260
BIR Commissioner Charlito Martin R. Mendoza: nung question na yun

5003
03:51:28,260 --> 03:51:29,580
BIR Commissioner Charlito Martin R. Mendoza: na especially

5004
03:51:29,580 --> 03:51:30,720
BIR Commissioner Charlito Martin R. Mendoza: in remote areas

5005
03:51:30,720 --> 03:51:32,100
BIR Commissioner Charlito Martin R. Mendoza: pupunta yung tao

5006
03:51:32,100 --> 03:51:33,100
BIR Commissioner Charlito Martin R. Mendoza: sa taxpayer

5007
03:51:33,100 --> 03:51:34,200
BIR Commissioner Charlito Martin R. Mendoza: at may daladalang

5008
03:51:34,200 --> 03:51:34,900
BIR Commissioner Charlito Martin R. Mendoza: purportedly

5009
03:51:34,900 --> 03:51:36,260
BIR Commissioner Charlito Martin R. Mendoza: letter of authority

5010
03:51:36,260 --> 03:51:37,380
BIR Commissioner Charlito Martin R. Mendoza: so hindi alam

5011
03:51:37,380 --> 03:51:38,000
BIR Commissioner Charlito Martin R. Mendoza: nung taxpayer

5012
03:51:38,000 --> 03:51:38,820
BIR Commissioner Charlito Martin R. Mendoza: kung ito ba talaga

5013
03:51:38,820 --> 03:51:39,860
BIR Commissioner Charlito Martin R. Mendoza: i-legitimate na letter

5014
03:51:39,860 --> 03:51:40,540
BIR Commissioner Charlito Martin R. Mendoza: of authority

5015
03:51:40,540 --> 03:51:41,440
BIR Commissioner Charlito Martin R. Mendoza: malayo naman

5016
03:51:41,440 --> 03:51:42,540
BIR Commissioner Charlito Martin R. Mendoza: ng opisina ng RDO

5017
03:51:42,540 --> 03:51:43,220
BIR Commissioner Charlito Martin R. Mendoza: to verify

5018
03:51:43,220 --> 03:51:44,740
BIR Commissioner Charlito Martin R. Mendoza: kaya po early this year

5019
03:51:44,740 --> 03:51:45,760
BIR Commissioner Charlito Martin R. Mendoza: gumawa po tayo

5020
03:51:45,760 --> 03:51:46,340
BIR Commissioner Charlito Martin R. Mendoza: ng system

5021
03:51:46,340 --> 03:51:47,440
BIR Commissioner Charlito Martin R. Mendoza: yung ating tinatawag

5022
03:51:47,440 --> 03:51:49,180
BIR Commissioner Charlito Martin R. Mendoza: na LOA verifier

5023
03:51:49,180 --> 03:51:50,360
BIR Commissioner Charlito Martin R. Mendoza: na available ho

5024
03:51:50,360 --> 03:51:51,220
BIR Commissioner Charlito Martin R. Mendoza: sa website namin

5025
03:51:51,220 --> 03:51:52,620
BIR Commissioner Charlito Martin R. Mendoza: i-input lang po nila

5026
03:51:52,620 --> 03:51:53,160
BIR Commissioner Charlito Martin R. Mendoza: ang pangal

5027
03:51:53,160 --> 03:51:55,080
BIR Commissioner Charlito Martin R. Mendoza: ang tax identification number

5028
03:51:55,080 --> 03:51:56,520
BIR Commissioner Charlito Martin R. Mendoza: masasabihin po

5029
03:51:56,520 --> 03:51:56,620
BIR Commissioner Charlito Martin R. Mendoza: ngayon

5030
03:51:56,620 --> 03:51:57,060
BIR Commissioner Charlito Martin R. Mendoza: ng system

5031
03:51:57,060 --> 03:51:59,260
BIR Commissioner Charlito Martin R. Mendoza: kung legitimate ho

5032
03:51:59,260 --> 03:52:00,300
BIR Commissioner Charlito Martin R. Mendoza: yung letter of authority

5033
03:52:00,300 --> 03:52:01,720
BIR Commissioner Charlito Martin R. Mendoza: na in-issue ng DIR

5034
03:52:01,720 --> 03:52:02,920
BIR Commissioner Charlito Martin R. Mendoza: so ilan po ito

5035
03:52:02,920 --> 03:52:03,660
BIR Commissioner Charlito Martin R. Mendoza: sa mga reforms

5036
03:52:03,660 --> 03:52:04,640
BIR Commissioner Charlito Martin R. Mendoza: significant reforms

5037
03:52:04,640 --> 03:52:05,400
BIR Commissioner Charlito Martin R. Mendoza: na ginawa natin

5038
03:52:05,400 --> 03:52:06,320
BIR Commissioner Charlito Martin R. Mendoza: but patuloy po natin

5039
03:52:06,320 --> 03:52:07,920
BIR Commissioner Charlito Martin R. Mendoza: tinututukan itong area na ito

5040
03:52:07,920 --> 03:52:09,060
BIR Commissioner Charlito Martin R. Mendoza: sapagkat palagi nga po

5041
03:52:09,060 --> 03:52:09,860
BIR Commissioner Charlito Martin R. Mendoza: ang cost ng friction

5042
03:52:09,860 --> 03:52:10,780
BIR Commissioner Charlito Martin R. Mendoza: with our taxpayers

5043
03:52:10,780 --> 03:52:11,820
BIR Commissioner Charlito Martin R. Mendoza: and we continue

5044
03:52:11,820 --> 03:52:12,780
BIR Commissioner Charlito Martin R. Mendoza: to address this concern

5045
03:52:12,780 --> 03:52:14,300
BIR Commissioner Charlito Martin R. Mendoza: and you can rest assured po

5046
03:52:14,300 --> 03:52:15,160
BIR Commissioner Charlito Martin R. Mendoza: Mr. Chair

5047
03:52:15,160 --> 03:52:16,180
BIR Commissioner Charlito Martin R. Mendoza: na patuloy po namin

5048
03:52:16,180 --> 03:52:17,160
BIR Commissioner Charlito Martin R. Mendoza: tinututukan ito

5049
03:52:17,160 --> 03:52:18,180
BIR Commissioner Charlito Martin R. Mendoza: at ina-address po namin

5050
03:52:18,180 --> 03:52:19,300
BIR Commissioner Charlito Martin R. Mendoza: ang mga concerns

5051
03:52:19,300 --> 03:52:20,260
BIR Commissioner Charlito Martin R. Mendoza: ng ating mga taxpayers

5052
03:52:20,260 --> 03:52:21,180
BIR Commissioner Charlito Martin R. Mendoza: maraming salamat po

5053
03:52:21,180 --> 03:52:22,260
Senator Christopher Lawrence T. Go: salamat

5054
03:52:22,260 --> 03:52:23,500
Senator Christopher Lawrence T. Go: Commissioner Mendoza

5055
03:52:23,500 --> 03:52:24,620
Senator Christopher Lawrence T. Go: ah

5056
03:52:24,620 --> 03:52:24,940
Senator Christopher Lawrence T. Go: ah

5057
03:52:24,940 --> 03:52:26,600
Senator Christopher Lawrence T. Go: ah

5058
03:52:26,620 --> 03:52:27,060
Senator Christopher Lawrence T. Go: ,

5059
03:52:27,060 --> 03:52:27,620
Senator Christopher Lawrence T. Go: hindi ko ba'y naniniwala

5060
03:52:27,620 --> 03:52:28,200
Senator Christopher Lawrence T. Go: na

5061
03:52:28,200 --> 03:52:29,540
Senator Christopher Lawrence T. Go: wala nang

5062
03:52:29,540 --> 03:52:30,980
Senator Christopher Lawrence T. Go: abuso

5063
03:52:30,980 --> 03:52:32,140
Senator Christopher Lawrence T. Go: ngayon na nangyayari

5064
03:52:32,140 --> 03:52:33,280
Senator Christopher Lawrence T. Go: ginagamit yung

5065
03:52:33,280 --> 03:52:33,940
Senator Christopher Lawrence T. Go: LOA

5066
03:52:33,940 --> 03:52:35,140
BIR Commissioner Charlito Martin R. Mendoza: palagay ko po

5067
03:52:35,140 --> 03:52:36,120
BIR Commissioner Charlito Martin R. Mendoza: meron pa rin po yan

5068
03:52:36,120 --> 03:52:36,940
BIR Commissioner Charlito Martin R. Mendoza: ah

5069
03:52:36,940 --> 03:52:37,920
BIR Commissioner Charlito Martin R. Mendoza: hindi ko po masasabi

5070
03:52:37,920 --> 03:52:38,740
BIR Commissioner Charlito Martin R. Mendoza: 100%

5071
03:52:38,740 --> 03:52:39,860
BIR Commissioner Charlito Martin R. Mendoza: na wala na pong nangyayaring

5072
03:52:39,860 --> 03:52:40,580
BIR Commissioner Charlito Martin R. Mendoza: pang-aabuso

5073
03:52:40,580 --> 03:52:41,760
BIR Commissioner Charlito Martin R. Mendoza: sa palagay ko ho

5074
03:52:41,760 --> 03:52:42,800
BIR Commissioner Charlito Martin R. Mendoza: nangyayari pa rin yan

5075
03:52:42,800 --> 03:52:44,160
BIR Commissioner Charlito Martin R. Mendoza: but on our part ho

5076
03:52:44,160 --> 03:52:44,860
BIR Commissioner Charlito Martin R. Mendoza: hindi po natin

5077
03:52:44,860 --> 03:52:45,800
BIR Commissioner Charlito Martin R. Mendoza: tinutolerate yan

5078
03:52:45,800 --> 03:52:46,380
BIR Commissioner Charlito Martin R. Mendoza: kaya nga po

5079
03:52:46,380 --> 03:52:47,380
BIR Commissioner Charlito Martin R. Mendoza: ini-encourage natin

5080
03:52:47,380 --> 03:52:48,580
BIR Commissioner Charlito Martin R. Mendoza: yung mga taxpayers natin

5081
03:52:48,580 --> 03:52:50,240
BIR Commissioner Charlito Martin R. Mendoza: na kung mayroon silang reklamo

5082
03:52:50,240 --> 03:52:51,120
BIR Commissioner Charlito Martin R. Mendoza: iparating sa amin

5083
03:52:51,120 --> 03:52:52,240
BIR Commissioner Charlito Martin R. Mendoza: iparating mismo sa akin

5084
03:52:52,240 --> 03:52:53,120
BIR Commissioner Charlito Martin R. Mendoza: at yan naman po

5085
03:52:53,120 --> 03:52:54,440
BIR Commissioner Charlito Martin R. Mendoza: ay agad na aaksyonan natin

5086
03:52:54,440 --> 03:52:55,360
BIR Commissioner Charlito Martin R. Mendoza: in the same way

5087
03:52:55,360 --> 03:52:56,540
BIR Commissioner Charlito Martin R. Mendoza: na mga previous complaints

5088
03:52:56,540 --> 03:52:57,420
BIR Commissioner Charlito Martin R. Mendoza: ay kagad po natin

5089
03:52:57,420 --> 03:52:58,320
BIR Commissioner Charlito Martin R. Mendoza: inaksyonan

5090
03:52:58,320 --> 03:52:59,380
Senator Christopher Lawrence T. Go: Salamat po

5091
03:52:59,380 --> 03:53:00,280
Senator Christopher Lawrence T. Go: please lang po

5092
03:53:00,280 --> 03:53:01,620
Senator Christopher Lawrence T. Go: yan lang po pakiusap ko

5093
03:53:01,620 --> 03:53:02,200
Senator Christopher Lawrence T. Go: sa inyo

5094
03:53:02,200 --> 03:53:03,540
Senator Christopher Lawrence T. Go: Secretary Frederick Go

5095
03:53:03,540 --> 03:53:06,540
Senator Christopher Lawrence T. Go: Commissioner Ariel Nepomuceno

5096
03:53:06,540 --> 03:53:07,420
Senator Christopher Lawrence T. Go: Commissioner

5097
03:53:07,420 --> 03:53:09,180
Senator Christopher Lawrence T. Go: Charlito

5098
03:53:09,180 --> 03:53:10,480
Senator Christopher Lawrence T. Go: Martin Mendoza

5099
03:53:10,480 --> 03:53:11,980
Senator Christopher Lawrence T. Go: alam nyo

5100
03:53:11,980 --> 03:53:12,780
Senator Christopher Lawrence T. Go: yung Pilipino

5101
03:53:12,780 --> 03:53:14,980
Senator Christopher Lawrence T. Go: pag nakarinig sila

5102
03:53:14,980 --> 03:53:15,700
Senator Christopher Lawrence T. Go: ng BIR

5103
03:53:15,700 --> 03:53:16,320
Senator Christopher Lawrence T. Go: o

5104
03:53:16,320 --> 03:53:17,140
Senator Christopher Lawrence T. Go: customs

5105
03:53:17,140 --> 03:53:18,180
Senator Christopher Lawrence T. Go: noon no

5106
03:53:18,180 --> 03:53:19,480
Senator Christopher Lawrence T. Go: yun ang nagiging

5107
03:53:19,480 --> 03:53:20,540
Senator Christopher Lawrence T. Go: maalala nila

5108
03:53:20,540 --> 03:53:22,100
Senator Christopher Lawrence T. Go: nagiging allergic sila

5109
03:53:22,100 --> 03:53:23,920
Senator Christopher Lawrence T. Go: pag BIR na po

5110
03:53:23,920 --> 03:53:25,280
Senator Christopher Lawrence T. Go: kung gusto nyo pong

5111
03:53:25,280 --> 03:53:25,340
Senator Christopher Lawrence T. Go: makikita

5112
03:53:25,340 --> 03:53:26,640
Senator Christopher Lawrence T. Go: maalala kayo ng Pilipino

5113
03:53:26,640 --> 03:53:27,100
Senator Christopher Lawrence T. Go: especially

5114
03:53:27,100 --> 03:53:28,600
Senator Christopher Lawrence T. Go: Secretary Frederick Go

5115
03:53:28,600 --> 03:53:30,640
Senator Christopher Lawrence T. Go: you leave a mark

5116
03:53:30,640 --> 03:53:32,720
Senator Christopher Lawrence T. Go: sa utak ng

5117
03:53:32,720 --> 03:53:33,340
Senator Christopher Lawrence T. Go: Pilipino

5118
03:53:33,880 --> 03:53:34,620
Senator Christopher Lawrence T. Go: at hindi ka nila

5119
03:53:34,620 --> 03:53:35,440
Senator Christopher Lawrence T. Go: malilimutan

5120
03:53:35,440 --> 03:53:36,660
Senator Christopher Lawrence T. Go: tanggalin nyo po

5121
03:53:36,660 --> 03:53:37,280
Senator Christopher Lawrence T. Go: yung corruption

5122
03:53:37,280 --> 03:53:38,260
Senator Christopher Lawrence T. Go: sa gobyerno

5123
03:53:38,260 --> 03:53:38,940
Senator Christopher Lawrence T. Go: tanggalin nyo po

5124
03:53:38,940 --> 03:53:39,440
Senator Christopher Lawrence T. Go: yung corruption

5125
03:53:39,440 --> 03:53:40,100
Senator Christopher Lawrence T. Go: sa BIR

5126
03:53:40,100 --> 03:53:41,160
Senator Christopher Lawrence T. Go: tanggalin nyo po

5127
03:53:41,160 --> 03:53:42,140
Senator Christopher Lawrence T. Go: yung corruption

5128
03:53:42,140 --> 03:53:43,140
Senator Christopher Lawrence T. Go: sa customs

5129
03:53:43,140 --> 03:53:44,200
Senator Christopher Lawrence T. Go: tanggalin nyo po

5130
03:53:44,200 --> 03:53:45,100
Senator Christopher Lawrence T. Go: yung lagay

5131
03:53:45,100 --> 03:53:46,460
Senator Christopher Lawrence T. Go: tanggalin nyo po

5132
03:53:46,460 --> 03:53:47,240
Senator Christopher Lawrence T. Go: yung areglo

5133
03:53:47,240 --> 03:53:48,300
Senator Christopher Lawrence T. Go: tanggalin nyo po

5134
03:53:48,300 --> 03:53:48,960
Senator Christopher Lawrence T. Go: yung corruption

5135
03:53:48,960 --> 03:53:50,360
Senator Christopher Lawrence T. Go: Salamat

5136
03:53:50,360 --> 03:53:52,160
Senator Christopher Lawrence T. Go: Secretary Go

5137
03:53:52,160 --> 03:53:53,660
Senator Joseph Victor "JV" G. Ejercito: Sigur, dagdaga ko na lang

5138
03:53:55,340 --> 03:53:57,260
Senator Joseph Victor "JV" G. Ejercito: were there any

5139
03:53:57,260 --> 03:53:58,460
Senator Joseph Victor "JV" G. Ejercito: BIR employees

5140
03:53:58,460 --> 03:53:59,660
Senator Joseph Victor "JV" G. Ejercito: that have been investigated

5141
03:53:59,660 --> 03:54:01,100
Senator Joseph Victor "JV" G. Ejercito: dahil dito sa pang-aabuso

5142
03:54:01,100 --> 03:54:01,400
Senator Joseph Victor "JV" G. Ejercito: ng

5143
03:54:01,400 --> 03:54:03,860
Senator Joseph Victor "JV" G. Ejercito: letter of authority?

5144
03:54:04,500 --> 03:54:04,940
BIR Commissioner Charlito Martin R. Mendoza: Marami po

5145
03:54:04,940 --> 03:54:05,780
BIR Commissioner Charlito Martin R. Mendoza: marami po tayong

5146
03:54:05,780 --> 03:54:06,820
BIR Commissioner Charlito Martin R. Mendoza: ongoing investigations

5147
03:54:06,820 --> 03:54:08,400
BIR Commissioner Charlito Martin R. Mendoza: involving BIR personnel

5148
03:54:08,400 --> 03:54:10,020
BIR Commissioner Charlito Martin R. Mendoza: marami po

5149
03:54:10,020 --> 03:54:10,680
BIR Commissioner Charlito Martin R. Mendoza: ang undergoing

5150
03:54:10,680 --> 03:54:12,520
BIR Commissioner Charlito Martin R. Mendoza: preliminary evaluation

5151
03:54:12,520 --> 03:54:14,060
BIR Commissioner Charlito Martin R. Mendoza: at marami din po

5152
03:54:14,060 --> 03:54:14,780
BIR Commissioner Charlito Martin R. Mendoza: mas marami po

5153
03:54:14,780 --> 03:54:15,220
BIR Commissioner Charlito Martin R. Mendoza: yung may

5154
03:54:15,220 --> 03:54:16,620
BIR Commissioner Charlito Martin R. Mendoza: formal charge na

5155
03:54:16,620 --> 03:54:17,420
BIR Commissioner Charlito Martin R. Mendoza: and undergoing

5156
03:54:17,420 --> 03:54:18,000
BIR Commissioner Charlito Martin R. Mendoza: formal

5157
03:54:18,000 --> 03:54:19,760
BIR Commissioner Charlito Martin R. Mendoza: administrative investigation

5158
03:54:19,760 --> 03:54:21,020
BIR Commissioner Charlito Martin R. Mendoza: sa BIR po

5159
03:54:21,020 --> 03:54:22,100
Senator Joseph Victor "JV" G. Ejercito: Thank you

5160
03:54:22,100 --> 03:54:24,320
DOF Secretary Frederick D. Go: Mr. Chair

5161
03:54:24,320 --> 03:54:24,880
DOF Secretary Frederick D. Go: Your Honor

5162
03:54:24,880 --> 03:54:25,620
DOF Secretary Frederick D. Go: Yeah

5163
03:54:25,620 --> 03:54:27,660
DOF Secretary Frederick D. Go: I just wanted to

5164
03:54:27,660 --> 03:54:29,040
DOF Secretary Frederick D. Go: close the

5165
03:54:29,040 --> 03:54:31,140
DOF Secretary Frederick D. Go: discussion earlier

5166
03:54:31,140 --> 03:54:33,300
DOF Secretary Frederick D. Go: binanggit po ni

5167
03:54:33,300 --> 03:54:34,620
DOF Secretary Frederick D. Go: Senator Bongo

5168
03:54:34,620 --> 03:54:36,120
DOF Secretary Frederick D. Go: Tama po kayo

5169
03:54:36,120 --> 03:54:36,900
DOF Secretary Frederick D. Go: marami pong

5170
03:54:36,900 --> 03:54:38,440
DOF Secretary Frederick D. Go: kaibigan na negosyante

5171
03:54:38,440 --> 03:54:39,520
DOF Secretary Frederick D. Go: marami pong kilala

5172
03:54:39,520 --> 03:54:40,420
DOF Secretary Frederick D. Go: sa mundo ng

5173
03:54:40,420 --> 03:54:41,920
DOF Secretary Frederick D. Go: pagnenegosyo

5174
03:54:41,920 --> 03:54:44,020
DOF Secretary Frederick D. Go: Ang basehan ko na lang po

5175
03:54:44,020 --> 03:54:44,380
DOF Secretary Frederick D. Go: ay

5176
03:54:44,380 --> 03:54:46,000
DOF Secretary Frederick D. Go: ang volume

5177
03:54:46,000 --> 03:54:47,060
DOF Secretary Frederick D. Go: of complaints

5178
03:54:47,060 --> 03:54:47,760
DOF Secretary Frederick D. Go: I received

5179
03:54:47,760 --> 03:54:49,700
DOF Secretary Frederick D. Go: and I'm very

5180
03:54:49,700 --> 03:54:51,540
DOF Secretary Frederick D. Go: happy to tell you

5181
03:54:51,540 --> 03:54:53,020
DOF Secretary Frederick D. Go: to tell this committee

5182
03:54:53,020 --> 03:54:53,760
DOF Secretary Frederick D. Go: that actually

5183
03:54:53,760 --> 03:54:54,860
DOF Secretary Frederick D. Go: under the leadership

5184
03:54:54,880 --> 03:54:56,580
DOF Secretary Frederick D. Go: of Commissioner Mendoza

5185
03:54:56,580 --> 03:54:58,100
DOF Secretary Frederick D. Go: talagang bumaba po

5186
03:54:58,100 --> 03:54:59,380
DOF Secretary Frederick D. Go: ang number of

5187
03:54:59,380 --> 03:55:00,380
DOF Secretary Frederick D. Go: complaints

5188
03:55:00,380 --> 03:55:02,020
DOF Secretary Frederick D. Go: So sa tanong nyo po

5189
03:55:02,020 --> 03:55:02,660
DOF Secretary Frederick D. Go: kung meron pa

5190
03:55:02,660 --> 03:55:03,800
DOF Secretary Frederick D. Go: ang harassment

5191
03:55:03,800 --> 03:55:04,580
DOF Secretary Frederick D. Go: or meron pa ba

5192
03:55:04,580 --> 03:55:05,100
DOF Secretary Frederick D. Go: ang corruption

5193
03:55:05,100 --> 03:55:06,420
DOF Secretary Frederick D. Go: meron pa akong

5194
03:55:06,420 --> 03:55:07,300
DOF Secretary Frederick D. Go: natatanggap na

5195
03:55:07,300 --> 03:55:08,040
DOF Secretary Frederick D. Go: reklamo

5196
03:55:08,040 --> 03:55:09,420
DOF Secretary Frederick D. Go: pero talagang

5197
03:55:09,420 --> 03:55:10,880
DOF Secretary Frederick D. Go: bumaba ang

5198
03:55:10,880 --> 03:55:12,640
DOF Secretary Frederick D. Go: number of

5199
03:55:12,640 --> 03:55:13,800
DOF Secretary Frederick D. Go: complaints

5200
03:55:13,800 --> 03:55:15,220
DOF Secretary Frederick D. Go: na natatanggap ko po

5201
03:55:15,220 --> 03:55:17,580
DOF Secretary Frederick D. Go: I

5202
03:55:17,580 --> 03:55:18,180
DOF Secretary Frederick D. Go: I

5203
03:55:18,180 --> 03:55:19,520
DOF Secretary Frederick D. Go: understand where

5204
03:55:19,520 --> 03:55:20,360
DOF Secretary Frederick D. Go: you're coming from

5205
03:55:20,360 --> 03:55:20,760
DOF Secretary Frederick D. Go: Your Honor

5206
03:55:20,760 --> 03:55:21,660
DOF Secretary Frederick D. Go: kasi I know you're

5207
03:55:21,660 --> 03:55:22,940
DOF Secretary Frederick D. Go: an advocate of the ease

5208
03:55:22,940 --> 03:55:23,900
DOF Secretary Frederick D. Go: of doing business

5209
03:55:23,900 --> 03:55:24,860
DOF Secretary Frederick D. Go: na lalang

5210
03:55:24,860 --> 03:55:25,200
DOF Secretary Frederick D. Go: ko po

5211
03:55:25,200 --> 03:55:26,580
DOF Secretary Frederick D. Go: yung ginagawa mo dati

5212
03:55:26,580 --> 03:55:27,720
DOF Secretary Frederick D. Go: puro tulong dito

5213
03:55:27,720 --> 03:55:28,420
DOF Secretary Frederick D. Go: tulong dun

5214
03:55:28,420 --> 03:55:29,240
DOF Secretary Frederick D. Go: at

5215
03:55:29,240 --> 03:55:32,020
Senator Christopher Lawrence T. Go: mas mapabilis

5216
03:55:32,020 --> 03:55:33,040
Senator Christopher Lawrence T. Go: yung proseso

5217
03:55:33,040 --> 03:55:33,480
Senator Christopher Lawrence T. Go: huwag natin

5218
03:55:33,480 --> 03:55:34,040
Senator Christopher Lawrence T. Go: pahirapan

5219
03:55:34,040 --> 03:55:35,240
Senator Christopher Lawrence T. Go: yung mga kababayan

5220
03:55:35,240 --> 03:55:35,760
DOF Secretary Frederick D. Go: Yes

5221
03:55:35,760 --> 03:55:36,300
DOF Secretary Frederick D. Go: exactly

5222
03:55:36,300 --> 03:55:37,080
DOF Secretary Frederick D. Go: yan po ang

5223
03:55:37,080 --> 03:55:40,620
DOF Secretary Frederick D. Go: advocacy ko po

5224
03:55:40,620 --> 03:55:41,060
DOF Secretary Frederick D. Go: ngayon

5225
03:55:41,060 --> 03:55:41,460
DOF Secretary Frederick D. Go: sa

5226
03:55:41,460 --> 03:55:42,780
DOF Secretary Frederick D. Go: attached agencies

5227
03:55:42,780 --> 03:55:43,440
DOF Secretary Frederick D. Go: ng DOF

5228
03:55:43,440 --> 03:55:43,720
DOF Secretary Frederick D. Go: na

5229
03:55:43,720 --> 03:55:46,160
DOF Secretary Frederick D. Go: to find ways

5230
03:55:46,160 --> 03:55:47,320
DOF Secretary Frederick D. Go: to make life easier

5231
03:55:47,320 --> 03:55:48,060
DOF Secretary Frederick D. Go: to find ways

5232
03:55:48,060 --> 03:55:49,320
DOF Secretary Frederick D. Go: to make things faster

5233
03:55:49,320 --> 03:55:50,640
DOF Secretary Frederick D. Go: and

5234
03:55:50,640 --> 03:55:51,520
DOF Secretary Frederick D. Go: to find ways

5235
03:55:51,520 --> 03:55:52,080
DOF Secretary Frederick D. Go: to make

5236
03:55:52,080 --> 03:55:53,660
DOF Secretary Frederick D. Go: process simpler

5237
03:55:53,660 --> 03:55:54,680
DOF Secretary Frederick D. Go: ganun po

5238
03:55:54,680 --> 03:55:55,260
DOF Secretary Frederick D. Go: ang mga

5239
03:55:55,260 --> 03:55:56,080
DOF Secretary Frederick D. Go: mga

5240
03:55:56,080 --> 03:55:57,680
DOF Secretary Frederick D. Go: ina-advocate ko po

5241
03:55:57,680 --> 03:55:58,040
DOF Secretary Frederick D. Go: dito

5242
03:55:58,040 --> 03:55:59,820
DOF Secretary Frederick D. Go: so nagpapasalamat po ako

5243
03:55:59,820 --> 03:56:01,000
DOF Secretary Frederick D. Go: na you brought up

5244
03:56:01,000 --> 03:56:01,600
DOF Secretary Frederick D. Go: these matters

5245
03:56:01,600 --> 03:56:02,040
DOF Secretary Frederick D. Go: and

5246
03:56:02,040 --> 03:56:03,580
DOF Secretary Frederick D. Go: I really think that

5247
03:56:03,580 --> 03:56:05,000
DOF Secretary Frederick D. Go: the reforms at the BIR

5248
03:56:05,000 --> 03:56:05,900
DOF Secretary Frederick D. Go: have really helped

5249
03:56:05,900 --> 03:56:07,440
DOF Secretary Frederick D. Go: helped the image

5250
03:56:07,440 --> 03:56:08,140
DOF Secretary Frederick D. Go: of the BIR

5251
03:56:08,140 --> 03:56:09,700
DOF Secretary Frederick D. Go: and

5252
03:56:09,700 --> 03:56:11,380
DOF Secretary Frederick D. Go: we'll keep working at it

5253
03:56:11,380 --> 03:56:12,320
DOF Secretary Frederick D. Go: Your Honor

5254
03:56:12,320 --> 03:56:13,940
Senator Christopher Lawrence T. Go: Salamat

5255
03:56:13,940 --> 03:56:15,080
Senator Christopher Lawrence T. Go: go ahead

5256
03:56:15,080 --> 03:56:15,460
Senator Christopher Lawrence T. Go: and

5257
03:56:15,460 --> 03:56:18,160
Senator Christopher Lawrence T. Go: just do what is right

5258
03:56:18,160 --> 03:56:20,380
Senator Christopher Lawrence T. Go: Secretary Goh

5259
03:56:20,380 --> 03:56:21,340
Senator Christopher Lawrence T. Go: maraming salamat

5260
03:56:21,340 --> 03:56:23,180
Senator Christopher Lawrence T. Go: supporta lang po kami

5261
03:56:23,180 --> 03:56:23,680
Senator Christopher Lawrence T. Go: sa inyo

5262
03:56:23,680 --> 03:56:24,600
Senator Christopher Lawrence T. Go: na gawin po

5263
03:56:24,600 --> 03:56:24,660
Senator Christopher Lawrence T. Go: yung

5264
03:56:24,680 --> 03:56:25,720
Senator Christopher Lawrence T. Go: tama

5265
03:56:25,720 --> 03:56:27,020
Senator Christopher Lawrence T. Go: para sa ating

5266
03:56:27,020 --> 03:56:27,740
Senator Christopher Lawrence T. Go: mga kababayang

5267
03:56:27,740 --> 03:56:28,320
Senator Christopher Lawrence T. Go: Pilipino

5268
03:56:28,320 --> 03:56:29,180
Senator Christopher Lawrence T. Go: lalong lalo na po

5269
03:56:29,180 --> 03:56:29,720
Senator Christopher Lawrence T. Go: yung mga

5270
03:56:29,720 --> 03:56:30,980
Senator Christopher Lawrence T. Go: Pilipino

5271
03:56:30,980 --> 03:56:31,820
Senator Christopher Lawrence T. Go: na gusto lang po

5272
03:56:31,820 --> 03:56:32,700
Senator Christopher Lawrence T. Go: mamuhay

5273
03:56:32,700 --> 03:56:33,800
Senator Christopher Lawrence T. Go: ng maayos

5274
03:56:33,800 --> 03:56:34,620
Senator Christopher Lawrence T. Go: tahimik

5275
03:56:34,620 --> 03:56:36,280
Senator Christopher Lawrence T. Go: sa araw-araw

5276
03:56:36,280 --> 03:56:36,960
Senator Christopher Lawrence T. Go: na kanilang

5277
03:56:36,960 --> 03:56:37,880
Senator Christopher Lawrence T. Go: pamumuhay

5278
03:56:37,880 --> 03:56:38,820
Senator Christopher Lawrence T. Go: salamat po

5279
03:56:38,820 --> 03:56:39,560
Senator Christopher Lawrence T. Go: Secretary Goh

5280
03:56:39,560 --> 03:56:40,420
Senator Christopher Lawrence T. Go: salamat sa lahat

5281
03:56:40,420 --> 03:56:41,440
Senator Christopher Lawrence T. Go: ng attached agencies

5282
03:56:41,440 --> 03:56:42,120
Senator Christopher Lawrence T. Go: nandito

5283
03:56:42,120 --> 03:56:44,420
Senator Christopher Lawrence T. Go: yung iba sa inyo

5284
03:56:44,420 --> 03:56:46,060
Senator Christopher Lawrence T. Go: nakatrabaho ko rin po

5285
03:56:46,060 --> 03:56:47,680
Senator Christopher Lawrence T. Go: thank you for your

5286
03:56:47,680 --> 03:56:49,040
Senator Christopher Lawrence T. Go: services

5287
03:56:49,040 --> 03:56:49,620
Senator Christopher Lawrence T. Go: sa ating

5288
03:56:49,620 --> 03:56:50,640
Senator Christopher Lawrence T. Go: bayan

5289
03:56:50,640 --> 03:56:50,960
Senator Christopher Lawrence T. Go: you have

5290
03:56:50,960 --> 03:56:52,580
Senator Christopher Lawrence T. Go: our support here

5291
03:56:52,580 --> 03:56:53,920
Senator Christopher Lawrence T. Go: sa Senado

5292
03:56:53,920 --> 03:56:54,580
Senator Christopher Lawrence T. Go: basta gawin nyo

5293
03:56:54,580 --> 03:56:55,140
Senator Christopher Lawrence T. Go: lang po yung

5294
03:56:55,140 --> 03:56:56,540
Senator Christopher Lawrence T. Go: na tama

5295
03:56:56,540 --> 03:56:57,860
Senator Christopher Lawrence T. Go: unahin ang

5296
03:56:57,860 --> 03:56:58,840
Senator Christopher Lawrence T. Go: interest ng bayan

5297
03:56:58,840 --> 03:56:59,420
Senator Christopher Lawrence T. Go: unahin po

5298
03:56:59,420 --> 03:56:59,960
Senator Christopher Lawrence T. Go: interest ng

5299
03:56:59,960 --> 03:57:00,780
Senator Christopher Lawrence T. Go: bawat Pilipino

5300
03:57:00,780 --> 03:57:01,380
Senator Christopher Lawrence T. Go: salamat po

5301
03:57:01,380 --> 03:57:01,880
Senator Christopher Lawrence T. Go: Mr. Chair

5302
03:57:01,880 --> 03:57:02,760
Senator Joseph Victor "JV" G. Ejercito: thank you

5303
03:57:02,760 --> 03:57:03,560
Senator Joseph Victor "JV" G. Ejercito: Senator Bongo

5304
03:57:03,560 --> 03:57:04,160
Senator Christopher Lawrence T. Go: thank you

5305
03:57:04,160 --> 03:57:04,840
DOF Secretary Frederick D. Go: thank you for the

5306
03:57:04,840 --> 03:57:05,660
DOF Secretary Frederick D. Go: trust and confidence

5307
03:57:05,660 --> 03:57:06,500
DOF Secretary Frederick D. Go: Senator Bongo

5308
03:57:06,500 --> 03:57:08,440
Senator Joseph Victor "JV" G. Ejercito: yes

5309
03:57:08,440 --> 03:57:10,080
Senator Joseph Victor "JV" G. Ejercito: Commissioner Ariel

5310
03:57:10,080 --> 03:57:12,040
BOC Commissioner Ariel F. Nepomuceno: iulat ko lang po

5311
03:57:12,040 --> 03:57:12,560
BOC Commissioner Ariel F. Nepomuceno: na mabilis

5312
03:57:12,560 --> 03:57:13,540
BOC Commissioner Ariel F. Nepomuceno: para kumpleto po

5313
03:57:13,540 --> 03:57:14,620
BOC Commissioner Ariel F. Nepomuceno: yung

5314
03:57:14,620 --> 03:57:15,480
BOC Commissioner Ariel F. Nepomuceno: sagot po

5315
03:57:15,480 --> 03:57:16,160
BOC Commissioner Ariel F. Nepomuceno: ng BOC

5316
03:57:16,160 --> 03:57:17,120
BOC Commissioner Ariel F. Nepomuceno: sa katanungan

5317
03:57:17,120 --> 03:57:17,620
BOC Commissioner Ariel F. Nepomuceno: ni Secretary

5318
03:57:17,620 --> 03:57:19,220
BOC Commissioner Ariel F. Nepomuceno: ni Senator Bongo

5319
03:57:19,220 --> 03:57:19,640
BOC Commissioner Ariel F. Nepomuceno: kanina

5320
03:57:19,640 --> 03:57:20,860
BOC Commissioner Ariel F. Nepomuceno: kung may korupsyon

5321
03:57:20,860 --> 03:57:22,180
BOC Commissioner Ariel F. Nepomuceno: kung pagbabasayan po

5322
03:57:22,180 --> 03:57:22,660
BOC Commissioner Ariel F. Nepomuceno: natin

5323
03:57:22,660 --> 03:57:23,500
BOC Commissioner Ariel F. Nepomuceno: kailangan ko pong

5324
03:57:23,500 --> 03:57:24,140
BOC Commissioner Ariel F. Nepomuceno: banggitin kasi

5325
03:57:24,580 --> 03:57:25,620
BOC Commissioner Ariel F. Nepomuceno: para ma-encourage

5326
03:57:25,620 --> 03:57:26,420
BOC Commissioner Ariel F. Nepomuceno: naman po yung aming

5327
03:57:26,420 --> 03:57:27,180
BOC Commissioner Ariel F. Nepomuceno: mga tauhan

5328
03:57:27,180 --> 03:57:27,920
BOC Commissioner Ariel F. Nepomuceno: we have more than

5329
03:57:27,920 --> 03:57:28,600
BOC Commissioner Ariel F. Nepomuceno: 5,000

5330
03:57:28,600 --> 03:57:29,820
BOC Commissioner Ariel F. Nepomuceno: personnel

5331
03:57:29,820 --> 03:57:31,040
BOC Commissioner Ariel F. Nepomuceno: upang ma-encourage

5332
03:57:31,040 --> 03:57:31,720
BOC Commissioner Ariel F. Nepomuceno: naman po yung mga

5333
03:57:31,720 --> 03:57:32,420
BOC Commissioner Ariel F. Nepomuceno: gumagawa po

5334
03:57:32,420 --> 03:57:33,260
BOC Commissioner Ariel F. Nepomuceno: ng maayos na

5335
03:57:33,260 --> 03:57:33,800
BOC Commissioner Ariel F. Nepomuceno: trabaho

5336
03:57:33,800 --> 03:57:35,200
BOC Commissioner Ariel F. Nepomuceno: kailangan banggitin ko po

5337
03:57:35,200 --> 03:57:36,060
BOC Commissioner Ariel F. Nepomuceno: na while it's true

5338
03:57:36,060 --> 03:57:36,420
BOC Commissioner Ariel F. Nepomuceno: that

5339
03:57:36,420 --> 03:57:37,880
BOC Commissioner Ariel F. Nepomuceno: there are still

5340
03:57:37,880 --> 03:57:39,300
BOC Commissioner Ariel F. Nepomuceno: reports on

5341
03:57:39,300 --> 03:57:40,800
BOC Commissioner Ariel F. Nepomuceno: bad practices

5342
03:57:40,800 --> 03:57:41,680
BOC Commissioner Ariel F. Nepomuceno: on corruption

5343
03:57:41,680 --> 03:57:43,200
BOC Commissioner Ariel F. Nepomuceno: kung pagbabasayan po

5344
03:57:43,200 --> 03:57:44,040
BOC Commissioner Ariel F. Nepomuceno: natin yung

5345
03:57:44,040 --> 03:57:45,180
BOC Commissioner Ariel F. Nepomuceno: koleksyon

5346
03:57:45,180 --> 03:57:45,720
BOC Commissioner Ariel F. Nepomuceno: ito po ang

5347
03:57:45,720 --> 03:57:47,420
BOC Commissioner Ariel F. Nepomuceno: pinakamabisang

5348
03:57:47,420 --> 03:57:48,960
BOC Commissioner Ariel F. Nepomuceno: sukatan

5349
03:57:48,960 --> 03:57:49,800
BOC Commissioner Ariel F. Nepomuceno: kung maganda po

5350
03:57:49,800 --> 03:57:50,240
BOC Commissioner Ariel F. Nepomuceno: yung nangyayari

5351
03:57:50,240 --> 03:57:51,180
BOC Commissioner Ariel F. Nepomuceno: prior to the

5352
03:57:51,180 --> 03:57:51,840
BOC Commissioner Ariel F. Nepomuceno: full automation

5353
03:57:51,840 --> 03:57:52,540
BOC Commissioner Ariel F. Nepomuceno: next year

5354
03:57:52,540 --> 03:57:54,000
BOC Commissioner Ariel F. Nepomuceno: ang koleksyon po

5355
03:57:54,000 --> 03:57:54,420
BOC Commissioner Ariel F. Nepomuceno: ng BOC

5356
03:57:54,580 --> 03:57:56,240
BOC Commissioner Ariel F. Nepomuceno: from January 1

5357
03:57:56,240 --> 03:57:56,780
BOC Commissioner Ariel F. Nepomuceno: this year

5358
03:57:56,780 --> 03:57:58,580
BOC Commissioner Ariel F. Nepomuceno: until end of August

5359
03:57:58,580 --> 03:58:00,200
BOC Commissioner Ariel F. Nepomuceno: ang target po namin

5360
03:58:00,200 --> 03:58:00,460
BOC Commissioner Ariel F. Nepomuceno: ay

5361
03:58:00,460 --> 03:58:02,600
BOC Commissioner Ariel F. Nepomuceno: 659 billion

5362
03:58:02,600 --> 03:58:03,560
BOC Commissioner Ariel F. Nepomuceno: dun po sa bagong

5363
03:58:03,560 --> 03:58:03,980
BOC Commissioner Ariel F. Nepomuceno: target

5364
03:58:03,980 --> 03:58:06,300
BOC Commissioner Ariel F. Nepomuceno: ang nabigay na po

5365
03:58:06,300 --> 03:58:07,280
BOC Commissioner Ariel F. Nepomuceno: ng Bureau of Customs

5366
03:58:07,280 --> 03:58:08,140
BOC Commissioner Ariel F. Nepomuceno: na hit po natin

5367
03:58:08,140 --> 03:58:09,400
BOC Commissioner Ariel F. Nepomuceno: yung 659

5368
03:58:09,400 --> 03:58:10,920
BOC Commissioner Ariel F. Nepomuceno: lampas pa po tayo

5369
03:58:10,920 --> 03:58:11,740
BOC Commissioner Ariel F. Nepomuceno: we were able to

5370
03:58:11,740 --> 03:58:12,080
BOC Commissioner Ariel F. Nepomuceno: deliver

5371
03:58:12,080 --> 03:58:13,260
BOC Commissioner Ariel F. Nepomuceno: 664

5372
03:58:13,260 --> 03:58:14,960
BOC Commissioner Ariel F. Nepomuceno: billion pesos

5373
03:58:14,960 --> 03:58:15,860
BOC Commissioner Ariel F. Nepomuceno: ibig sabihin

5374
03:58:15,860 --> 03:58:17,360
BOC Commissioner Ariel F. Nepomuceno: more than 5 billion

5375
03:58:17,360 --> 03:58:18,040
BOC Commissioner Ariel F. Nepomuceno: po yung ating

5376
03:58:18,040 --> 03:58:18,440
BOC Commissioner Ariel F. Nepomuceno: excess

5377
03:58:18,440 --> 03:58:18,840
BOC Commissioner Ariel F. Nepomuceno: again

5378
03:58:18,840 --> 03:58:20,760
BOC Commissioner Ariel F. Nepomuceno: pag tinignan nyo po yan

5379
03:58:20,760 --> 03:58:21,420
BOC Commissioner Ariel F. Nepomuceno: mahalaga pong

5380
03:58:21,420 --> 03:58:22,660
BOC Commissioner Ariel F. Nepomuceno: maintindihan po natin

5381
03:58:22,660 --> 03:58:23,580
BOC Commissioner Ariel F. Nepomuceno: na yung volume

5382
03:58:23,580 --> 03:58:24,420
BOC Commissioner Ariel F. Nepomuceno: of importation

5383
03:58:24,580 --> 03:58:25,320
BOC Commissioner Ariel F. Nepomuceno: bumaba

5384
03:58:25,320 --> 03:58:27,440
BOC Commissioner Ariel F. Nepomuceno: iba iba pong mga items

5385
03:58:27,440 --> 03:58:28,260
BOC Commissioner Ariel F. Nepomuceno: merong bumaba

5386
03:58:28,260 --> 03:58:29,120
BOC Commissioner Ariel F. Nepomuceno: ng 3%

5387
03:58:29,120 --> 03:58:29,640
BOC Commissioner Ariel F. Nepomuceno: 8%

5388
03:58:29,640 --> 03:58:30,340
BOC Commissioner Ariel F. Nepomuceno: 10%

5389
03:58:30,340 --> 03:58:31,640
BOC Commissioner Ariel F. Nepomuceno: kahit na po

5390
03:58:31,640 --> 03:58:32,600
BOC Commissioner Ariel F. Nepomuceno: bumaba po yung

5391
03:58:32,600 --> 03:58:33,880
BOC Commissioner Ariel F. Nepomuceno: volume of importations

5392
03:58:33,880 --> 03:58:34,820
BOC Commissioner Ariel F. Nepomuceno: tumaas naman po

5393
03:58:34,820 --> 03:58:35,900
BOC Commissioner Ariel F. Nepomuceno: yung ating koleksyon

5394
03:58:35,900 --> 03:58:36,540
BOC Commissioner Ariel F. Nepomuceno: ang ibig sabihin

5395
03:58:36,540 --> 03:58:37,100
BOC Commissioner Ariel F. Nepomuceno: maaaring

5396
03:58:37,100 --> 03:58:38,520
BOC Commissioner Ariel F. Nepomuceno: meron na po tayong

5397
03:58:38,520 --> 03:58:39,460
BOC Commissioner Ariel F. Nepomuceno: mga na-achieve

5398
03:58:39,460 --> 03:58:40,560
BOC Commissioner Ariel F. Nepomuceno: because of the reforms

5399
03:58:40,560 --> 03:58:41,140
BOC Commissioner Ariel F. Nepomuceno: we're doing

5400
03:58:41,140 --> 03:58:42,680
BOC Commissioner Ariel F. Nepomuceno: in the Bureau of Customs

5401
03:58:42,680 --> 03:58:43,740
BOC Commissioner Ariel F. Nepomuceno: nagkakaroon na po tayo

5402
03:58:43,740 --> 03:58:44,900
BOC Commissioner Ariel F. Nepomuceno: ng collection efficiency

5403
03:58:44,900 --> 03:58:46,120
BOC Commissioner Ariel F. Nepomuceno: so much so

5404
03:58:46,120 --> 03:58:46,540
BOC Commissioner Ariel F. Nepomuceno: na pag

5405
03:58:46,540 --> 03:58:48,240
BOC Commissioner Ariel F. Nepomuceno: ihihahambing po natin

5406
03:58:48,240 --> 03:58:49,180
BOC Commissioner Ariel F. Nepomuceno: yung koleksyon po

5407
03:58:49,180 --> 03:58:50,300
BOC Commissioner Ariel F. Nepomuceno: ng BOC

5408
03:58:50,300 --> 03:58:52,420
BOC Commissioner Ariel F. Nepomuceno: for the same period

5409
03:58:52,420 --> 03:58:53,160
BOC Commissioner Ariel F. Nepomuceno: last year

5410
03:58:53,160 --> 03:58:53,920
BOC Commissioner Ariel F. Nepomuceno: ng 2025

5411
03:58:54,580 --> 03:58:56,620
BOC Commissioner Ariel F. Nepomuceno: mahigit 43 billion po

5412
03:58:56,620 --> 03:58:58,000
BOC Commissioner Ariel F. Nepomuceno: yung taas po

5413
03:58:58,000 --> 03:58:59,100
BOC Commissioner Ariel F. Nepomuceno: ng ating koleksyon

5414
03:58:59,100 --> 03:59:00,000
BOC Commissioner Ariel F. Nepomuceno: for the same period

5415
03:59:00,000 --> 03:59:00,620
BOC Commissioner Ariel F. Nepomuceno: last year

5416
03:59:00,620 --> 03:59:01,340
BOC Commissioner Ariel F. Nepomuceno: ah ito

5417
03:59:01,340 --> 03:59:02,020
BOC Commissioner Ariel F. Nepomuceno: hindi naman po

5418
03:59:02,020 --> 03:59:02,640
BOC Commissioner Ariel F. Nepomuceno: dahil sa akin

5419
03:59:02,640 --> 03:59:03,900
BOC Commissioner Ariel F. Nepomuceno: ito po yung trabaho po

5420
03:59:03,900 --> 03:59:04,860
BOC Commissioner Ariel F. Nepomuceno: ng mga kasamaan ko

5421
03:59:04,860 --> 03:59:06,180
BOC Commissioner Ariel F. Nepomuceno: lalong lalo na po

5422
03:59:06,180 --> 03:59:07,160
BOC Commissioner Ariel F. Nepomuceno: ang mga port collectors

5423
03:59:07,160 --> 03:59:07,660
BOC Commissioner Ariel F. Nepomuceno: po natin

5424
03:59:07,660 --> 03:59:08,020
BOC Commissioner Ariel F. Nepomuceno: again

5425
03:59:08,020 --> 03:59:09,880
BOC Commissioner Ariel F. Nepomuceno: inuulat po lang po natin yan

5426
03:59:09,880 --> 03:59:11,260
BOC Commissioner Ariel F. Nepomuceno: upang ma-appreciate po natin

5427
03:59:11,260 --> 03:59:12,300
BOC Commissioner Ariel F. Nepomuceno: na kahit hindi pa po

5428
03:59:12,300 --> 03:59:13,220
BOC Commissioner Ariel F. Nepomuceno: na po po

5429
03:59:13,220 --> 03:59:13,880
BOC Commissioner Ariel F. Nepomuceno: le-automated

5430
03:59:13,880 --> 03:59:15,080
BOC Commissioner Ariel F. Nepomuceno: ang ating proseso

5431
03:59:15,080 --> 03:59:16,380
BOC Commissioner Ariel F. Nepomuceno: meron na po tayong

5432
03:59:16,380 --> 03:59:16,740
BOC Commissioner Ariel F. Nepomuceno: mga

5433
03:59:16,740 --> 03:59:18,020
BOC Commissioner Ariel F. Nepomuceno: nagagawa

5434
03:59:18,020 --> 03:59:19,320
BOC Commissioner Ariel F. Nepomuceno: para po sa bansa

5435
03:59:19,320 --> 03:59:21,060
Senator Joseph Victor "JV" G. Ejercito: siguro

5436
03:59:21,060 --> 03:59:22,040
Senator Joseph Victor "JV" G. Ejercito: quickly lang no

5437
03:59:22,040 --> 03:59:22,600
Senator Joseph Victor "JV" G. Ejercito: siguro kay

5438
03:59:22,600 --> 03:59:23,980
Senator Joseph Victor "JV" G. Ejercito: Commissioner Charlito Mendoza

5439
03:59:23,980 --> 03:59:24,160
Senator Joseph Victor "JV" G. Ejercito: no

5440
03:59:24,160 --> 03:59:25,420
Senator Joseph Victor "JV" G. Ejercito: salamat sa iyong reforms

5441
03:59:25,420 --> 03:59:26,440
Senator Joseph Victor "JV" G. Ejercito: that you instituted

5442
03:59:26,440 --> 03:59:27,200
Senator Joseph Victor "JV" G. Ejercito: when you

5443
03:59:27,200 --> 03:59:28,120
Senator Joseph Victor "JV" G. Ejercito: assumed

5444
03:59:28,120 --> 03:59:29,020
Senator Joseph Victor "JV" G. Ejercito: as a chairman

5445
03:59:29,020 --> 03:59:30,800
Senator Joseph Victor "JV" G. Ejercito: as a commissioner

5446
03:59:30,800 --> 03:59:32,440
Senator Joseph Victor "JV" G. Ejercito: of the BIR

5447
03:59:32,440 --> 03:59:33,020
Senator Joseph Victor "JV" G. Ejercito: sana nga

5448
03:59:33,020 --> 03:59:34,000
Senator Joseph Victor "JV" G. Ejercito: matapos na yung

5449
03:59:34,000 --> 03:59:34,500
Senator Joseph Victor "JV" G. Ejercito: kaya ko

5450
03:59:34,500 --> 03:59:36,120
Senator Joseph Victor "JV" G. Ejercito: inangal ito noon

5451
03:59:36,120 --> 03:59:36,800
Senator Joseph Victor "JV" G. Ejercito: sabi ko nga

5452
03:59:36,800 --> 03:59:38,060
Senator Joseph Victor "JV" G. Ejercito: ang reports kasi

5453
03:59:38,060 --> 03:59:39,120
Senator Joseph Victor "JV" G. Ejercito: eh

5454
03:59:39,120 --> 03:59:40,220
Senator Joseph Victor "JV" G. Ejercito: doon po

5455
03:59:40,220 --> 03:59:40,620
Senator Joseph Victor "JV" G. Ejercito: halimbawa

5456
03:59:40,620 --> 03:59:41,560
Senator Joseph Victor "JV" G. Ejercito: nagkaroon ng

5457
03:59:41,560 --> 03:59:43,780
Senator Joseph Victor "JV" G. Ejercito: nagkaroon ng

5458
03:59:43,780 --> 03:59:45,960
Senator Joseph Victor "JV" G. Ejercito: ng pag-uusap

5459
03:59:45,960 --> 03:59:46,180
Senator Joseph Victor "JV" G. Ejercito: no

5460
03:59:46,180 --> 03:59:46,660
Senator Joseph Victor "JV" G. Ejercito: halimbawa

5461
03:59:46,660 --> 03:59:47,700
Senator Joseph Victor "JV" G. Ejercito: ito yung assessment

5462
03:59:47,700 --> 03:59:48,680
Senator Joseph Victor "JV" G. Ejercito: tapos ito yung

5463
03:59:48,680 --> 03:59:49,520
Senator Joseph Victor "JV" G. Ejercito: final

5464
03:59:49,520 --> 03:59:51,820
Senator Joseph Victor "JV" G. Ejercito: ang nakakalungkot

5465
03:59:51,820 --> 03:59:52,760
Senator Joseph Victor "JV" G. Ejercito: mas malaki yung

5466
03:59:52,760 --> 03:59:53,520
Senator Joseph Victor "JV" G. Ejercito: yung

5467
03:59:54,160 --> 03:59:54,900
Senator Joseph Victor "JV" G. Ejercito: binobulsa

5468
03:59:54,900 --> 03:59:56,160
Senator Joseph Victor "JV" G. Ejercito: kaysa sa pinapasok

5469
03:59:56,160 --> 03:59:57,060
Senator Joseph Victor "JV" G. Ejercito: sa gobyerno eh

5470
03:59:57,060 --> 03:59:59,360
Senator Joseph Victor "JV" G. Ejercito: minsan 20-30%

5471
03:59:59,360 --> 03:59:59,580
Senator Joseph Victor "JV" G. Ejercito: diba

5472
03:59:59,580 --> 03:59:59,880
Senator Joseph Victor "JV" G. Ejercito: sana

5473
04:00:00,000 --> 04:00:00,860
Senator Joseph Victor "JV" G. Ejercito: hindi na mangyari yun.

5474
04:00:01,100 --> 04:00:02,300
Senator Joseph Victor "JV" G. Ejercito: I hope not.

5475
04:00:02,460 --> 04:00:06,160
Senator Joseph Victor "JV" G. Ejercito: But I'm happy to hear about the reforms

5476
04:00:06,160 --> 04:00:08,860
Senator Joseph Victor "JV" G. Ejercito: that were instituted by BIR.

5477
04:00:10,020 --> 04:00:14,000
Senator Joseph Victor "JV" G. Ejercito: Sana magtuloy-tuloy na at matigil na yung gano'n.

5478
04:00:14,180 --> 04:00:16,080
Senator Joseph Victor "JV" G. Ejercito: Nakakalungkot kasi na gano'n yung nangyari

5479
04:00:16,080 --> 04:00:17,180
Senator Joseph Victor "JV" G. Ejercito: at that stage.

5480
04:00:17,260 --> 04:00:18,540
Senator Joseph Victor "JV" G. Ejercito: At yung nangyari po sana yung

5481
04:00:18,540 --> 04:00:20,980
Senator Joseph Victor "JV" G. Ejercito: foreign investors natin.

5482
04:00:21,120 --> 04:00:22,180
Senator Joseph Victor "JV" G. Ejercito: Pakiano na lang yun.

5483
04:00:22,340 --> 04:00:24,020
Senator Joseph Victor "JV" G. Ejercito: The one I brought to your attention.

5484
04:00:24,980 --> 04:00:26,940
Senator Joseph Victor "JV" G. Ejercito: Ang hirap na nga tayo sa foreign investments

5485
04:00:26,940 --> 04:00:28,560
Senator Joseph Victor "JV" G. Ejercito: and the reason why I brought this up

5486
04:00:28,560 --> 04:00:30,860
Senator Joseph Victor "JV" G. Ejercito: on the floor because it was already

5487
04:00:30,860 --> 04:00:33,700
Senator Joseph Victor "JV" G. Ejercito: the chambers and yung mga Japanese

5488
04:00:33,700 --> 04:00:37,760
Senator Joseph Victor "JV" G. Ejercito: investors, pati sila naging subject to

5489
04:00:37,760 --> 04:00:40,040
Senator Joseph Victor "JV" G. Ejercito: abuse.

5490
04:00:40,360 --> 04:00:42,820
Senator Joseph Victor "JV" G. Ejercito: So I'm hoping that you'll pay attention.

5491
04:00:42,960 --> 04:00:44,340
Senator Joseph Victor "JV" G. Ejercito: Hirap na nga tayo kung muna investments.

5492
04:00:44,880 --> 04:00:47,660
Senator Joseph Victor "JV" G. Ejercito: Huwag natin pong, siguro huwag na natin

5493
04:00:47,660 --> 04:00:49,660
Senator Joseph Victor "JV" G. Ejercito: silang abusuhin din.

5494
04:00:50,580 --> 04:00:52,560
Senator Joseph Victor "JV" G. Ejercito: Siguro kay Ariel Moceno,

5495
04:00:52,780 --> 04:00:55,320
Senator Joseph Victor "JV" G. Ejercito: tanong ko lang, yung pong scanners

5496
04:00:55,320 --> 04:00:58,320
Senator Joseph Victor "JV" G. Ejercito: that you intend to produce

5497
04:00:58,560 --> 04:01:00,280
Senator Joseph Victor "JV" G. Ejercito: or procure, this will be

5498
04:01:00,280 --> 04:01:02,480
Senator Joseph Victor "JV" G. Ejercito: installed in most major ports

5499
04:01:02,480 --> 04:01:04,800
Senator Joseph Victor "JV" G. Ejercito: or all ports para wala na

5500
04:01:04,800 --> 04:01:06,700
Senator Joseph Victor "JV" G. Ejercito: mabawasan na yung intrusive

5501
04:01:06,700 --> 04:01:08,180
Senator Joseph Victor "JV" G. Ejercito: inspection. Tama ba?

5502
04:01:09,900 --> 04:01:11,300
BOC Commissioner Ariel F. Nepomuceno: Tama po, Mr. Chair.

5503
04:01:11,700 --> 04:01:13,720
BOC Commissioner Ariel F. Nepomuceno: May programa naman pong ginawa po

5504
04:01:13,720 --> 04:01:15,580
BOC Commissioner Ariel F. Nepomuceno: yung ating mga tauhan to come out

5505
04:01:15,580 --> 04:01:17,140
BOC Commissioner Ariel F. Nepomuceno: with the request po.

5506
04:01:18,400 --> 04:01:20,040
Senator Joseph Victor "JV" G. Ejercito: So siguro, how are the shipments

5507
04:01:20,040 --> 04:01:21,640
Senator Joseph Victor "JV" G. Ejercito: selected for physical inspection?

5508
04:01:21,940 --> 04:01:24,100
Senator Joseph Victor "JV" G. Ejercito: Can officers override the risk engine

5509
04:01:24,100 --> 04:01:25,580
Senator Joseph Victor "JV" G. Ejercito: and are overrides audited?

5510
04:01:26,180 --> 04:01:28,540
Senator Joseph Victor "JV" G. Ejercito: So paano yung sistema para sa

5511
04:01:28,560 --> 04:01:29,920
Senator Joseph Victor "JV" G. Ejercito: physical inspection?

5512
04:01:30,040 --> 04:01:30,660
Senator Joseph Victor "JV" G. Ejercito: Random ba yan?

5513
04:01:31,080 --> 04:01:33,320
Senator Joseph Victor "JV" G. Ejercito: Or meron tayong reports?

5514
04:01:33,740 --> 04:01:36,040
BOC Commissioner Ariel F. Nepomuceno: Mr. Chair, kagaya rin po sa BIR,

5515
04:01:36,580 --> 04:01:38,440
BOC Commissioner Ariel F. Nepomuceno: systems generated na po mainly

5516
04:01:38,440 --> 04:01:39,960
BOC Commissioner Ariel F. Nepomuceno: yung mga binubuksan po ng

5517
04:01:39,960 --> 04:01:41,860
BOC Commissioner Ariel F. Nepomuceno: mga tauhan natin for

5518
04:01:41,860 --> 04:01:44,940
BOC Commissioner Ariel F. Nepomuceno: sorry, yung sinasubject po natin

5519
04:01:44,940 --> 04:01:46,500
BOC Commissioner Ariel F. Nepomuceno: sa scanning. May sistema po kami

5520
04:01:46,500 --> 04:01:48,680
BOC Commissioner Ariel F. Nepomuceno: nung yellow, orange,

5521
04:01:49,040 --> 04:01:50,180
BOC Commissioner Ariel F. Nepomuceno: green at red.

5522
04:01:50,880 --> 04:01:52,580
BOC Commissioner Ariel F. Nepomuceno: Systems generated na po ito

5523
04:01:52,580 --> 04:01:54,520
BOC Commissioner Ariel F. Nepomuceno: sa pamamagitan po ng sinasabi nating

5524
04:01:54,520 --> 04:01:57,000
BOC Commissioner Ariel F. Nepomuceno: risk management parameters.

5525
04:01:57,440 --> 04:01:58,440
BOC Commissioner Ariel F. Nepomuceno: Pinipili na po ng

5526
04:01:58,440 --> 04:02:00,040
BOC Commissioner Ariel F. Nepomuceno: sistema based on the parameters

5527
04:02:00,040 --> 04:02:02,000
BOC Commissioner Ariel F. Nepomuceno: that we have set to select

5528
04:02:02,000 --> 04:02:04,180
BOC Commissioner Ariel F. Nepomuceno: by way of an automated

5529
04:02:04,180 --> 04:02:06,020
BOC Commissioner Ariel F. Nepomuceno: system. Sino po yung

5530
04:02:06,020 --> 04:02:08,400
BOC Commissioner Ariel F. Nepomuceno: masasubject po

5531
04:02:08,400 --> 04:02:09,480
BOC Commissioner Ariel F. Nepomuceno: sa scanning machines?

5532
04:02:10,400 --> 04:02:12,200
Senator Joseph Victor "JV" G. Ejercito: There are still a couple of questions

5533
04:02:12,200 --> 04:02:14,420
Senator Joseph Victor "JV" G. Ejercito: for BIR, BOC, and also

5534
04:02:14,420 --> 04:02:14,740
Senator Joseph Victor "JV" G. Ejercito: for

5535
04:02:14,740 --> 04:02:18,340
Senator Joseph Victor "JV" G. Ejercito: sa ating sekretary.

5536
04:02:18,620 --> 04:02:20,460
Senator Joseph Victor "JV" G. Ejercito: But we will just forward it

5537
04:02:20,460 --> 04:02:22,380
Senator Joseph Victor "JV" G. Ejercito: to you. And please

5538
04:02:22,380 --> 04:02:24,760
Senator Joseph Victor "JV" G. Ejercito: prepare for it

5539
04:02:24,760 --> 04:02:26,400
Senator Joseph Victor "JV" G. Ejercito: also for plenary

5540
04:02:26,400 --> 04:02:28,420
Senator Joseph Victor "JV" G. Ejercito: discussion para lang handa tayo.

5541
04:02:28,440 --> 04:02:29,720
Senator Joseph Victor "JV" G. Ejercito: Sa lahat ng

5542
04:02:29,720 --> 04:02:31,420
Senator Joseph Victor "JV" G. Ejercito: issues and topics.

5543
04:02:32,380 --> 04:02:34,360
Senator Joseph Victor "JV" G. Ejercito: We will forward the

5544
04:02:34,360 --> 04:02:36,280
Senator Joseph Victor "JV" G. Ejercito: others to you. Maraming may mga

5545
04:02:36,280 --> 04:02:38,020
Senator Joseph Victor "JV" G. Ejercito: BOS, may mga concern pa sa BOC.

5546
04:02:38,520 --> 04:02:39,960
Senator Joseph Victor "JV" G. Ejercito: Meron din sa BIR.

5547
04:02:42,700 --> 04:02:44,600
Senator Joseph Victor "JV" G. Ejercito: Just a question. Dito na lang

5548
04:02:44,600 --> 04:02:44,740
Senator Joseph Victor "JV" G. Ejercito: sa

5549
04:02:44,740 --> 04:02:48,240
Senator Joseph Victor "JV" G. Ejercito: insurance commission. Andito bang

5550
04:02:48,240 --> 04:02:49,040
Senator Joseph Victor "JV" G. Ejercito: insurance commission?

5551
04:02:50,900 --> 04:02:51,540
Senator Joseph Victor "JV" G. Ejercito: Depcom

5552
04:02:51,540 --> 04:02:54,180
Senator Joseph Victor "JV" G. Ejercito: Ermar Benitez. Acting kayo?

5553
04:02:54,240 --> 04:02:55,200
Senator Joseph Victor "JV" G. Ejercito: Kaya pong acting ngayon?

5554
04:02:56,060 --> 04:02:57,000
Atty. Ermar U. Benitez: Yes, Mr. Chair.

5555
04:02:58,440 --> 04:02:59,220
Senator Joseph Victor "JV" G. Ejercito: O, IC po.

5556
04:03:01,260 --> 04:03:02,120
Senator Joseph Victor "JV" G. Ejercito: Ito yung ano, no?

5557
04:03:02,160 --> 04:03:03,560
Senator Joseph Victor "JV" G. Ejercito: Si Regalado, ba?

5558
04:03:04,100 --> 04:03:04,680
Senator Joseph Victor "JV" G. Ejercito: Is that the one?

5559
04:03:04,980 --> 04:03:07,040
Senator Joseph Victor "JV" G. Ejercito: Anyway, yung ano lang, question lang.

5560
04:03:07,140 --> 04:03:09,240
Senator Joseph Victor "JV" G. Ejercito: Considered PhilHealth is our national social health

5561
04:03:09,240 --> 04:03:11,460
Senator Joseph Victor "JV" G. Ejercito: insurer. While the IC regulates

5562
04:03:11,460 --> 04:03:13,260
Senator Joseph Victor "JV" G. Ejercito: HMOs and private health

5563
04:03:13,260 --> 04:03:15,060
Senator Joseph Victor "JV" G. Ejercito: insurance, may we know what existing

5564
04:03:15,060 --> 04:03:17,420
Senator Joseph Victor "JV" G. Ejercito: coordination or collaboration the insurance commission

5565
04:03:17,420 --> 04:03:19,040
Senator Joseph Victor "JV" G. Ejercito: has with PhilHealth?

5566
04:03:19,140 --> 04:03:20,740
Senator Joseph Victor "JV" G. Ejercito: Meron ba tayong coordination with PhilHealth?

5567
04:03:21,120 --> 04:03:22,880
Atty. Ermar U. Benitez: Yes, Mr. Chair. In fact,

5568
04:03:23,540 --> 04:03:25,040
Atty. Ermar U. Benitez: we just met with the

5569
04:03:25,040 --> 04:03:26,460
Atty. Ermar U. Benitez: with Doc Bev Ho

5570
04:03:26,460 --> 04:03:28,260
Atty. Ermar U. Benitez: of the PhilHealth.

5571
04:03:28,440 --> 04:03:30,140
Atty. Ermar U. Benitez: Two weeks ago.

5572
04:03:30,660 --> 04:03:32,800
Atty. Ermar U. Benitez: Because we were coming up with the

5573
04:03:32,800 --> 04:03:33,960
Atty. Ermar U. Benitez: memorandum of agreement

5574
04:03:33,960 --> 04:03:37,000
Atty. Ermar U. Benitez: on how we can operationalize

5575
04:03:37,000 --> 04:03:39,020
Atty. Ermar U. Benitez: the layering of the two benefits.

5576
04:03:39,760 --> 04:03:40,940
Atty. Ermar U. Benitez: The PhilHealth being the

5577
04:03:40,940 --> 04:03:42,980
Atty. Ermar U. Benitez: first layer and the

5578
04:03:42,980 --> 04:03:44,900
Atty. Ermar U. Benitez: from the

5579
04:03:44,900 --> 04:03:46,920
Atty. Ermar U. Benitez: HMOs being the second layer.

5580
04:03:48,020 --> 04:03:49,220
Atty. Ermar U. Benitez: And this is with the

5581
04:03:49,220 --> 04:03:50,760
Atty. Ermar U. Benitez: coordination with our

5582
04:03:50,760 --> 04:03:52,760
Atty. Ermar U. Benitez: secretary. Mr. Chair.

5583
04:03:54,180 --> 04:03:55,360
Senator Joseph Victor "JV" G. Ejercito: Ang question lang,

5584
04:03:55,360 --> 04:03:57,360
Senator Joseph Victor "JV" G. Ejercito: are Filipinos paying twice of the same

5585
04:03:58,440 --> 04:04:00,720
Senator Joseph Victor "JV" G. Ejercito: healthcare benefits?

5586
04:04:00,820 --> 04:04:02,760
Senator Joseph Victor "JV" G. Ejercito: How do you ensure that PhilHealth, HMOs,

5587
04:04:02,800 --> 04:04:05,020
Senator Joseph Victor "JV" G. Ejercito: and private health insurance complement each other

5588
04:04:05,020 --> 04:04:06,960
Senator Joseph Victor "JV" G. Ejercito: so patients get comprehensive

5589
04:04:06,960 --> 04:04:08,960
Senator Joseph Victor "JV" G. Ejercito: coverage without paying

5590
04:04:08,960 --> 04:04:10,340
Senator Joseph Victor "JV" G. Ejercito: for overlapping benefits?

5591
04:04:12,060 --> 04:04:12,720
Atty. Ermar U. Benitez: Mr. Chair,

5592
04:04:12,820 --> 04:04:14,960
Atty. Ermar U. Benitez: ang pinag-usapan po namin, which is also being

5593
04:04:14,960 --> 04:04:17,420
Atty. Ermar U. Benitez: implemented right now, is that

5594
04:04:17,420 --> 04:04:19,060
Atty. Ermar U. Benitez: yung HMO

5595
04:04:19,060 --> 04:04:21,120
Atty. Ermar U. Benitez: will already take into consideration

5596
04:04:21,120 --> 04:04:23,140
Atty. Ermar U. Benitez: in setting the premium,

5597
04:04:23,380 --> 04:04:25,260
Atty. Ermar U. Benitez: the fact of PhilHealth

5598
04:04:25,260 --> 04:04:27,120
Atty. Ermar U. Benitez: coverage. And it's already part of our

5599
04:04:27,120 --> 04:04:27,900
Atty. Ermar U. Benitez: rating system.

5600
04:04:28,440 --> 04:04:28,940
Atty. Ermar U. Benitez: Mr. Chair.

5601
04:04:29,980 --> 04:04:32,480
Senator Joseph Victor "JV" G. Ejercito: Does PhilHealth and the Insurance Commission

5602
04:04:32,480 --> 04:04:34,620
Senator Joseph Victor "JV" G. Ejercito: regularly share data on claims,

5603
04:04:34,880 --> 04:04:36,360
Senator Joseph Victor "JV" G. Ejercito: utilization, healthcare costs,

5604
04:04:36,880 --> 04:04:37,960
Senator Joseph Victor "JV" G. Ejercito: and benefit coverage?

5605
04:04:39,060 --> 04:04:40,780
Atty. Ermar U. Benitez: To be honest, Your Honor,

5606
04:04:40,780 --> 04:04:42,220
Atty. Ermar U. Benitez: we don't have that kind of

5607
04:04:42,220 --> 04:04:44,820
Atty. Ermar U. Benitez: smooth mechanism right now.

5608
04:04:45,540 --> 04:04:46,840
Atty. Ermar U. Benitez: But with the upcoming

5609
04:04:46,840 --> 04:04:48,300
Atty. Ermar U. Benitez: memorandum of agreement,

5610
04:04:49,700 --> 04:04:50,920
Atty. Ermar U. Benitez: you can rest assured that we will

5611
04:04:50,920 --> 04:04:52,880
Atty. Ermar U. Benitez: include that so that there will

5612
04:04:52,880 --> 04:04:54,860
Atty. Ermar U. Benitez: be a more accurate

5613
04:04:54,860 --> 04:04:57,120
Atty. Ermar U. Benitez: monitoring of the industry.

5614
04:05:06,340 --> 04:05:25,900
Senator Joseph Victor "JV" G. Ejercito: Anyway, again, just a reminder: please submit to the committees all the other questions and issues that we will forward to you, and prepare for the plenary discussion. We will submit the rest of our questions to you. The committee chair would like to thank everyone,

5615
04:05:25,900 --> 04:05:35,320
Senator Joseph Victor "JV" G. Ejercito: especially our esteemed resource persons led by Secretary Frederick Go, the DOF family, and the heads of agencies. Maraming salamat.

5616
04:05:35,320 --> 04:05:36,800
Senator Joseph Victor "JV" G. Ejercito: Thank you very much for actively participating

5617
04:05:36,800 --> 04:05:38,920
Senator Joseph Victor "JV" G. Ejercito: in our discussions today.

5618
04:05:40,740 --> 04:05:41,300
Senator Joseph Victor "JV" G. Ejercito: Although

5619
04:05:41,300 --> 04:05:43,000
Senator Joseph Victor "JV" G. Ejercito: we're quite early,

5620
04:05:43,420 --> 04:05:45,720
Senator Joseph Victor "JV" G. Ejercito: Wala masyadong ano.

5621
04:05:45,720 --> 04:05:47,980
Senator Joseph Victor "JV" G. Ejercito: Pasensya na,

5622
04:05:47,980 --> 04:05:49,480
Senator Joseph Victor "JV" G. Ejercito: Sorry, we have to do it because of our

5623
04:05:49,480 --> 04:05:51,180
Senator Joseph Victor "JV" G. Ejercito: tight schedule. We have to do

5624
04:05:51,180 --> 04:05:53,080
Senator Joseph Victor "JV" G. Ejercito: simultaneous hearings.

5625
04:05:53,520 --> 04:05:55,440
Senator Joseph Victor "JV" G. Ejercito: But be prepared for

5626
04:05:55,440 --> 04:05:57,120
Senator Joseph Victor "JV" G. Ejercito: the plenary kasi nga wala masyadong

5627
04:05:57,120 --> 04:05:57,600
Senator Joseph Victor "JV" G. Ejercito: dumating. So,

5628
04:05:58,440 --> 04:06:01,640
Senator Joseph Victor "JV" G. Ejercito: be prepared for that.

5629
04:06:01,780 --> 04:06:03,280
Senator Joseph Victor "JV" G. Ejercito: So, there being no other questions,

5630
04:06:03,480 --> 04:06:05,160
Senator Joseph Victor "JV" G. Ejercito: the budget, the Department of Finance,

5631
04:06:05,760 --> 04:06:07,700
Senator Joseph Victor "JV" G. Ejercito: including its attached agencies and corporations

5632
04:06:07,700 --> 04:06:09,300
Senator Joseph Victor "JV" G. Ejercito: is deemed submitted for the plenary's

5633
04:06:09,300 --> 04:06:11,580
Senator Joseph Victor "JV" G. Ejercito: consideration subject to the discussion

5634
04:06:11,580 --> 04:06:13,380
Senator Joseph Victor "JV" G. Ejercito: and submission

5635
04:06:13,380 --> 04:06:15,120
Senator Joseph Victor "JV" G. Ejercito: of documents required.

5636
04:06:15,680 --> 04:06:17,120
Senator Joseph Victor "JV" G. Ejercito: This briefing is hereby suspended.

5637
04:06:17,280 --> 04:06:18,000
Senator Joseph Victor "JV" G. Ejercito: Thank you. Thank you.

5638
04:06:18,940 --> 04:06:21,020
DOF Secretary Frederick D. Go: Mr. Chair, when is the plenary

5639
04:06:21,020 --> 04:06:22,020
DOF Secretary Frederick D. Go: do you estimate?