WEBVTT asr-000086 00:40:00.000 --> 00:40:29.980 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. asr-000087 00:40:30.000 --> 00:40:40.000 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. asr-000087-split-2 00:40:40.000 --> 00:40:59.980 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, asr-000088 00:41:00.000 --> 00:41:29.980 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. asr-000089 00:41:30.000 --> 00:41:59.980 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. asr-000090 00:42:00.000 --> 00:42:29.800 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. asr-000094 00:42:29.800 --> 00:42:52.160 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. asr-000095 00:42:52.160 --> 00:43:07.260 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. asr-000096 00:43:07.260 --> 00:43:18.020 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. asr-000097 00:43:18.360 --> 00:43:21.860 Committee Secretary: From DBM, we have Ms. Mercedes de la Cruz, Ms. Aileen Malit. asr-000098 00:43:22.160 --> 00:43:24.300 Committee Secretary: Ms. Faith Quintero and Ms. Hannah Navarro. asr-000099 00:43:24.300 --> 00:43:48.540 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. asr-000100 00:43:48.660 --> 00:43:49.480 Committee Secretary: Thank you, Mr. Chair. asr-000101 00:43:50.220 --> 00:43:51.300 Senator Joseph Victor "JV" G. Ejercito: Thank you, ComSec. asr-000102 00:43:52.160 --> 00:43:58.720 Senator Joseph Victor "JV" G. Ejercito: The Chair would like to acknowledge the presence of Senator Francis Pangilina. Thank you, sir, for joining us. asr-000103 00:43:59.020 --> 00:43:59.500 Senator Francis Kiko Pangilinan: Thank you. asr-000104 00:44:01.760 --> 00:44:09.460 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. asr-000105 00:44:09.900 --> 00:44:19.240 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, asr-000106 00:44:19.740 --> 00:44:22.140 Senator Joseph Victor "JV" G. Ejercito: and discuss relevant points in strengthening our economy. asr-000109 00:44:22.320 --> 00:44:27.640 Senator Joseph Victor "JV" G. Ejercito: Our revenue efforts, managing debt levels, and expanding our financial resources. asr-000110 00:44:28.560 --> 00:44:36.300 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, asr-000111 00:44:36.900 --> 00:44:44.140 Senator Joseph Victor "JV" G. Ejercito: from healthcare and education to infrastructure, agriculture, social protection, and other essential services. asr-000112 00:44:45.140 --> 00:44:48.600 Senator Joseph Victor "JV" G. Ejercito: To fund government programs and projects, revenue collection is critical. asr-000114 00:44:49.360 --> 00:44:52.000 Senator Joseph Victor "JV" G. Ejercito: Kailangan nating malaman ang improvement sa asr-000115 00:44:52.160 --> 00:44:59.360 Senator Joseph Victor "JV" G. Ejercito: BIR tax administration, digitalization at enforcement ay talagang nagresulta sa mas mataas na koleksyon, asr-000116 00:45:00.000 --> 00:45:03.640 Senator Joseph Victor "JV" G. Ejercito: mas maayos na compliance at mas kaunting tax leakages. asr-000117 00:45:04.860 --> 00:45:09.300 Senator Joseph Victor "JV" G. Ejercito: On the other hand, Bureau of Customs continues to face persistent challenges asr-000118 00:45:09.300 --> 00:45:12.300 Senator Joseph Victor "JV" G. Ejercito: in combating smuggling and illicit trade. asr-000119 00:45:12.300 --> 00:45:17.000 Senator Joseph Victor "JV" G. Ejercito: Kaya nais nating malaman sa kabila ng mas mababang budget ngayong taon, asr-000120 00:45:17.680 --> 00:45:19.960 Senator Joseph Victor "JV" G. Ejercito: kaya ba nating palakasin ang border protection, asr-000121 00:45:20.540 --> 00:45:23.420 Senator Joseph Victor "JV" G. Ejercito: masugpo ang smuggling at mapataas ang revenue collection. asr-000122 00:45:23.420 --> 00:45:30.300 Senator Joseph Victor "JV" G. Ejercito: As the government continues to operate within a challenging fiscal environment asr-000123 00:45:30.300 --> 00:45:35.740 Senator Joseph Victor "JV" G. Ejercito: and as we seek additional revenues, equally important are sound debt management, asr-000124 00:45:36.500 --> 00:45:38.920 Senator Joseph Victor "JV" G. Ejercito: responsible borrowing, and prudent spending. asr-000125 00:45:39.540 --> 00:45:45.460 Senator Joseph Victor "JV" G. Ejercito: So in discussing the proposed budget today, we want clear answers on three basic questions. asr-000126 00:45:46.080 --> 00:45:48.360 Senator Joseph Victor "JV" G. Ejercito: Tama at sapat ba ang ating kinukulekta? asr-000127 00:45:49.180 --> 00:45:52.660 Senator Joseph Victor "JV" G. Ejercito: Maayos at efficient ba nating ginagamit ang bawat piso? asr-000128 00:45:52.660 --> 00:45:58.480 Senator Joseph Victor "JV" G. Ejercito: At responsable ba nating pinamamahalan ang ating utang at fiscal obligations asr-000129 00:45:58.480 --> 00:46:01.920 Senator Joseph Victor "JV" G. Ejercito: upang hindi nating ipasa sa susunod na henerasyon? asr-000130 00:46:02.940 --> 00:46:05.580 Senator Joseph Victor "JV" G. Ejercito: As our economy and fiscal needs continue to evolve, asr-000131 00:46:05.860 --> 00:46:10.880 Senator Joseph Victor "JV" G. Ejercito: we must ensure that our country remains in a stable and sustainable fiscal position. asr-000132 00:46:11.740 --> 00:46:15.780 Senator Joseph Victor "JV" G. Ejercito: And we owe it to the Filipino taxpayers to ensure that every peso requested asr-000133 00:46:15.780 --> 00:46:18.500 Senator Joseph Victor "JV" G. Ejercito: is a peso efficiently and responsibly spent. asr-000134 00:46:19.240 --> 00:46:20.940 Senator Joseph Victor "JV" G. Ejercito: Today's hearing gives us an opportunity asr-000135 00:46:20.940 --> 00:46:22.640 Senator Joseph Victor "JV" G. Ejercito: to examine whether we can achieve a sustainable future asr-000136 00:46:22.640 --> 00:46:26.900 Senator Joseph Victor "JV" G. Ejercito: and whether our revenue strategies, borrowings, investments, asr-000137 00:46:27.200 --> 00:46:30.740 Senator Joseph Victor "JV" G. Ejercito: and financing mechanisms are putting us on the right track, asr-000138 00:46:31.080 --> 00:46:33.740 Senator Joseph Victor "JV" G. Ejercito: not only for the coming year but for the years ahead. asr-000139 00:46:34.680 --> 00:46:35.880 Senator Joseph Victor "JV" G. Ejercito: Thank you very much. asr-000140 00:46:36.540 --> 00:46:40.900 Senator Joseph Victor "JV" G. Ejercito: And welcome, Secretary Frederick Go, the Undersecretaries, asr-000141 00:46:41.060 --> 00:46:47.160 Senator Joseph Victor "JV" G. Ejercito: Treasurer Sharon Almanza, the USECs, ASECs, and the heads of agencies. asr-000142 00:46:47.760 --> 00:46:50.540 Senator Joseph Victor "JV" G. Ejercito: Welcome to the DOF budget briefing. asr-000143 00:46:50.540 --> 00:46:50.680 Senator Joseph Victor "JV" G. Ejercito: Thank you. asr-000144 00:46:51.560 --> 00:46:52.540 Senator Joseph Victor "JV" G. Ejercito: I have worked with a lot of people. asr-000145 00:46:52.640 --> 00:46:54.420 Senator Joseph Victor "JV" G. Ejercito: Some of you, familiar faces. asr-000146 00:46:54.800 --> 00:46:56.860 Senator Joseph Victor "JV" G. Ejercito: We have passed a lot of vital measures. asr-000147 00:46:58.280 --> 00:46:59.000 Senator Joseph Victor "JV" G. Ejercito: Pinagod niyo ako. asr-000148 00:47:00.320 --> 00:47:03.200 Senator Joseph Victor "JV" G. Ejercito: Ilang measures yun, mga technical, but through your help. asr-000149 00:47:03.840 --> 00:47:05.960 Senator Joseph Victor "JV" G. Ejercito: Yung si Carlo, yung si Catherine Fong. asr-000150 00:47:06.560 --> 00:47:11.740 Senator Joseph Victor "JV" G. Ejercito: These are the people that backstop, that make me look good. asr-000151 00:47:11.880 --> 00:47:16.560 Senator Joseph Victor "JV" G. Ejercito: Kahit nahirap at technical yung mga pinagpapasako, salamat sa inyo. asr-000152 00:47:17.200 --> 00:47:21.700 Senator Joseph Victor "JV" G. Ejercito: Anyway, I'd like to ask Senator Francis Kiko Pangilinan asr-000153 00:47:21.700 --> 00:47:22.620 Senator Joseph Victor "JV" G. Ejercito: for his opinion. asr-000154 00:47:22.640 --> 00:47:24.220 Senator Joseph Victor "JV" G. Ejercito: His opening statements, if there's any. asr-000155 00:47:25.120 --> 00:47:29.000 Senator Francis Kiko Pangilinan: I would rather listen to their presentations, Mr. Chairperson. asr-000156 00:47:29.020 --> 00:47:30.700 Senator Joseph Victor "JV" G. Ejercito: Okay, since there are no more questions, asr-000157 00:47:30.820 --> 00:47:34.240 Senator Joseph Victor "JV" G. Ejercito: I now call on Secretary Frederick Go to deliver his opening statement asr-000158 00:47:34.240 --> 00:47:38.060 Senator Joseph Victor "JV" G. Ejercito: and to present the 2027 proposed expenditure program asr-000159 00:47:38.060 --> 00:47:40.980 Senator Joseph Victor "JV" G. Ejercito: of the Department of Finance and its attached agencies and corporations. asr-000160 00:47:41.760 --> 00:47:42.320 Senator Joseph Victor "JV" G. Ejercito: The floor, sir. asr-000161 00:47:43.520 --> 00:47:47.520 DOF Secretary Frederick D. Go: Thank you, Chairperson Senator JV Ejercito, asr-000162 00:47:47.520 --> 00:47:50.400 DOF Secretary Frederick D. Go: Vice Chairperson, Senator Kiko Pangilinan, asr-000163 00:47:51.280 --> 00:47:52.620 DOF Secretary Frederick D. Go: Senate Committee Member, asr-000164 00:47:52.640 --> 00:47:54.540 DOF Secretary Frederick D. Go: members, colleagues in government, good afternoon. asr-000165 00:47:55.060 --> 00:47:57.960 DOF Secretary Frederick D. Go: Thank you for this opportunity to present the proposed asr-000166 00:47:57.960 --> 00:48:02.380 DOF Secretary Frederick D. Go: fiscal year 2027 budget of the Department of Finance, asr-000167 00:48:02.760 --> 00:48:05.100 DOF Secretary Frederick D. Go: its bureaus, and attached agencies. asr-000168 00:48:06.020 --> 00:48:07.860 DOF Secretary Frederick D. Go: The DOF has a critical mandate, asr-000169 00:48:08.420 --> 00:48:10.280 DOF Secretary Frederick D. Go: raise resources the government needs, asr-000170 00:48:11.080 --> 00:48:12.560 DOF Secretary Frederick D. Go: manage them responsibly, asr-000171 00:48:13.060 --> 00:48:15.380 DOF Secretary Frederick D. Go: and protect the country's fiscal stability. asr-000172 00:48:16.000 --> 00:48:18.040 DOF Secretary Frederick D. Go: We are the government's fundraiser, asr-000173 00:48:18.660 --> 00:48:21.820 DOF Secretary Frederick D. Go: but raising revenue is only one part of the job. asr-000174 00:48:22.640 --> 00:48:24.000 DOF Secretary Frederick D. Go: We also have to manage debt, asr-000175 00:48:24.820 --> 00:48:26.480 DOF Secretary Frederick D. Go: strengthen financial systems, asr-000176 00:48:27.300 --> 00:48:29.360 DOF Secretary Frederick D. Go: improve tax and customs administration, asr-000177 00:48:29.840 --> 00:48:32.540 DOF Secretary Frederick D. Go: and make sure that the government has the fiscal space asr-000178 00:48:32.540 --> 00:48:33.980 DOF Secretary Frederick D. Go: to fund its priorities. asr-000179 00:48:36.260 --> 00:48:39.280 DOF Secretary Frederick D. Go: When this administration took office in 2022, asr-000180 00:48:39.460 --> 00:48:42.200 DOF Secretary Frederick D. Go: the country was carrying 12.79 trillion asr-000181 00:48:42.200 --> 00:48:44.500 DOF Secretary Frederick D. Go: in national government debt, asr-000182 00:48:45.200 --> 00:48:47.700 DOF Secretary Frederick D. Go: much of it accumulated during the pandemic. asr-000183 00:48:48.200 --> 00:48:50.780 DOF Secretary Frederick D. Go: Our task since then has been clear, asr-000184 00:48:51.320 --> 00:48:52.200 DOF Secretary Frederick D. Go: rebuild fiscal space, asr-000185 00:48:52.640 --> 00:48:54.520 DOF Secretary Frederick D. Go: while continuing to support growth asr-000186 00:48:54.520 --> 00:48:56.300 DOF Secretary Frederick D. Go: and invest in the country's future. asr-000187 00:48:57.520 --> 00:48:58.360 DOF Secretary Frederick D. Go: As a response, asr-000188 00:48:58.500 --> 00:49:02.040 DOF Secretary Frederick D. Go: we crafted the country's medium-term fiscal framework in 2022, asr-000189 00:49:02.920 --> 00:49:05.900 DOF Secretary Frederick D. Go: the government's blueprint for reducing our deficit and debt asr-000190 00:49:05.900 --> 00:49:07.600 DOF Secretary Frederick D. Go: as a percentage of GDP, asr-000191 00:49:08.460 --> 00:49:09.800 DOF Secretary Frederick D. Go: while creating more jobs, asr-000192 00:49:10.020 --> 00:49:11.380 DOF Secretary Frederick D. Go: increasing people's incomes, asr-000193 00:49:11.940 --> 00:49:13.480 DOF Secretary Frederick D. Go: and reducing poverty. asr-000194 00:49:14.200 --> 00:49:18.560 DOF Secretary Frederick D. Go: It set us on a path of gradual and sustained fiscal consolidation asr-000195 00:49:18.560 --> 00:49:20.860 DOF Secretary Frederick D. Go: to restore fiscal space, asr-000196 00:49:20.860 --> 00:49:22.620 DOF Secretary Frederick D. Go: while continuing to invest in the future, asr-000197 00:49:22.620 --> 00:49:24.260 DOF Secretary Frederick D. Go: while continuing to invest in the foundations of growth. asr-000198 00:49:25.100 --> 00:49:28.780 DOF Secretary Frederick D. Go: But our recovery has not happened in an easy environment. asr-000199 00:49:29.840 --> 00:49:30.480 DOF Secretary Frederick D. Go: Over the years, asr-000200 00:49:30.580 --> 00:49:32.780 DOF Secretary Frederick D. Go: external pressures and global uncertainties asr-000201 00:49:32.780 --> 00:49:34.460 DOF Secretary Frederick D. Go: have disrupted supply chains asr-000202 00:49:34.460 --> 00:49:36.380 DOF Secretary Frederick D. Go: and pushed inflation up, asr-000203 00:49:36.740 --> 00:49:38.520 DOF Secretary Frederick D. Go: affecting the pace of growth. asr-000204 00:49:39.120 --> 00:49:40.300 DOF Secretary Frederick D. Go: In this context, asr-000205 00:49:40.440 --> 00:49:43.300 DOF Secretary Frederick D. Go: we needed to recalibrate our growth and fiscal targets asr-000206 00:49:43.300 --> 00:49:45.460 DOF Secretary Frederick D. Go: to keep them realistic and responsive asr-000207 00:49:45.460 --> 00:49:47.500 DOF Secretary Frederick D. Go: to evolving economic conditions. asr-000208 00:49:47.980 --> 00:49:50.460 DOF Secretary Frederick D. Go: But the direction of our fiscal policy asr-000209 00:49:50.460 --> 00:49:51.660 DOF Secretary Frederick D. Go: has remained consistent. asr-000210 00:49:51.900 --> 00:49:52.600 DOF Secretary Frederick D. Go: We have been working hard to ensure that asr-000211 00:49:52.600 --> 00:49:54.600 DOF Secretary Frederick D. Go: we have pursued stronger revenue collection, asr-000212 00:49:55.240 --> 00:49:56.360 DOF Secretary Frederick D. Go: disciplined expenditure, asr-000213 00:49:57.020 --> 00:49:58.960 DOF Secretary Frederick D. Go: and prudent debt management. asr-000214 00:50:00.280 --> 00:50:05.360 DOF Secretary Frederick D. Go: Total revenues have grown by an average of 10.54% annually asr-000215 00:50:05.360 --> 00:50:07.980 DOF Secretary Frederick D. Go: over the last four years. asr-000216 00:50:09.080 --> 00:50:10.740 DOF Secretary Frederick D. Go: And in 2025, asr-000217 00:50:11.040 --> 00:50:13.940 DOF Secretary Frederick D. Go: the BIR surpassed 3 trillion pesos asr-000218 00:50:13.940 --> 00:50:16.420 DOF Secretary Frederick D. Go: in tax collections for the first time. asr-000219 00:50:17.080 --> 00:50:19.240 DOF Secretary Frederick D. Go: We continue to strengthen collections asr-000220 00:50:19.240 --> 00:50:21.800 DOF Secretary Frederick D. Go: while mobilizing additional non-tax revenues asr-000221 00:50:21.800 --> 00:50:22.580 DOF Secretary Frederick D. Go: and managing the economy. asr-000222 00:50:22.600 --> 00:50:26.600 DOF Secretary Frederick D. Go: As a result, asr-000223 00:50:26.820 --> 00:50:29.120 DOF Secretary Frederick D. Go: the fiscal deficit has continued to narrow asr-000224 00:50:29.120 --> 00:50:31.180 DOF Secretary Frederick D. Go: as we remain on track asr-000225 00:50:31.180 --> 00:50:34.420 DOF Secretary Frederick D. Go: toward our medium-term consolidation targets. asr-000226 00:50:35.100 --> 00:50:37.300 DOF Secretary Frederick D. Go: From 8.6% in 2021 asr-000227 00:50:37.300 --> 00:50:39.600 DOF Secretary Frederick D. Go: and 7.3% in 2022, asr-000228 00:50:40.240 --> 00:50:43.100 DOF Secretary Frederick D. Go: we are bringing it down to 5.4% asr-000229 00:50:43.100 --> 00:50:45.300 DOF Secretary Frederick D. Go: by the end of 2026. asr-000230 00:50:47.280 --> 00:50:50.440 DOF Secretary Frederick D. Go: Our debt indicators also remain manageable. asr-000231 00:50:50.440 --> 00:50:51.700 DOF Secretary Frederick D. Go: In 2025, asr-000232 00:50:51.700 --> 00:50:55.700 DOF Secretary Frederick D. Go: national government debt stood at 63.2% of GDP asr-000233 00:50:55.700 --> 00:51:00.440 DOF Secretary Frederick D. Go: while general government debt settled at 56.8% of GDP, asr-000234 00:51:01.060 --> 00:51:04.080 DOF Secretary Frederick D. Go: well below the 70% international benchmark asr-000235 00:51:04.080 --> 00:51:05.640 DOF Secretary Frederick D. Go: for debt sustainability asr-000236 00:51:05.640 --> 00:51:08.260 DOF Secretary Frederick D. Go: and within a manageable range asr-000237 00:51:08.260 --> 00:51:11.120 DOF Secretary Frederick D. Go: compared with other emerging economies. asr-000238 00:51:11.680 --> 00:51:13.060 DOF Secretary Frederick D. Go: More importantly, asr-000239 00:51:13.440 --> 00:51:16.140 DOF Secretary Frederick D. Go: we have maintained a prudent debt mix, asr-000240 00:51:16.780 --> 00:51:17.920 DOF Secretary Frederick D. Go: predominantly domestic, asr-000241 00:51:18.280 --> 00:51:20.300 DOF Secretary Frederick D. Go: predominantly carrying fixed interest rates, asr-000242 00:51:20.300 --> 00:51:21.200 DOF Secretary Frederick D. Go: and predominantly, asr-000243 00:51:21.700 --> 00:51:24.480 DOF Secretary Frederick D. Go: structured with long repayment terms asr-000244 00:51:24.480 --> 00:51:27.580 DOF Secretary Frederick D. Go: of at least five years. asr-000245 00:51:28.540 --> 00:51:28.920 DOF Secretary Frederick D. Go: First, asr-000246 00:51:29.500 --> 00:51:33.020 DOF Secretary Frederick D. Go: 67% of our debt is domestic. asr-000247 00:51:33.700 --> 00:51:36.620 DOF Secretary Frederick D. Go: This reduces our exposure to foreign exchange risks asr-000248 00:51:36.620 --> 00:51:39.400 DOF Secretary Frederick D. Go: while also supporting the continued development asr-000249 00:51:39.400 --> 00:51:41.140 DOF Secretary Frederick D. Go: of our local capital market. asr-000250 00:51:41.980 --> 00:51:42.260 DOF Secretary Frederick D. Go: Second, asr-000251 00:51:42.780 --> 00:51:45.620 DOF Secretary Frederick D. Go: 90% of our debt carries fixed interest rates. asr-000252 00:51:46.020 --> 00:51:47.520 DOF Secretary Frederick D. Go: This provides greater certainty asr-000253 00:51:47.520 --> 00:51:48.980 DOF Secretary Frederick D. Go: in our debt servicing costs asr-000254 00:51:48.980 --> 00:51:51.140 DOF Secretary Frederick D. Go: and shields us from sudden increases asr-000255 00:51:51.140 --> 00:51:51.680 DOF Secretary Frederick D. Go: or fluctuations asr-000256 00:51:51.700 --> 00:51:53.340 DOF Secretary Frederick D. Go: in global interest rates. asr-000257 00:51:54.380 --> 00:51:55.020 DOF Secretary Frederick D. Go: And third, asr-000258 00:51:55.580 --> 00:51:57.860 DOF Secretary Frederick D. Go: 84.1% of our debt asr-000259 00:51:57.860 --> 00:52:00.020 DOF Secretary Frederick D. Go: has long-term repayment periods, asr-000260 00:52:00.560 --> 00:52:01.780 DOF Secretary Frederick D. Go: meaning we have several years asr-000261 00:52:01.780 --> 00:52:03.780 DOF Secretary Frederick D. Go: before these obligations fall due. asr-000262 00:52:05.440 --> 00:52:07.880 DOF Secretary Frederick D. Go: These generally refer to debt asr-000263 00:52:07.880 --> 00:52:10.240 DOF Secretary Frederick D. Go: with maturities of over five years. asr-000264 00:52:11.520 --> 00:52:13.740 DOF Secretary Frederick D. Go: This longer maturity profile asr-000265 00:52:13.740 --> 00:52:15.720 DOF Secretary Frederick D. Go: reduces our refinancing risks asr-000266 00:52:15.720 --> 00:52:17.780 DOF Secretary Frederick D. Go: and gives us greater predictability asr-000267 00:52:17.780 --> 00:52:19.600 DOF Secretary Frederick D. Go: in managing our debt obligations. asr-000268 00:52:20.460 --> 00:52:21.680 DOF Secretary Frederick D. Go: This strategic, asr-000269 00:52:21.700 --> 00:52:22.640 DOF Secretary Frederick D. Go: borrowing mix asr-000270 00:52:22.640 --> 00:52:24.240 DOF Secretary Frederick D. Go: strengthened our resilience asr-000271 00:52:24.240 --> 00:52:25.260 DOF Secretary Frederick D. Go: to external shocks asr-000272 00:52:25.260 --> 00:52:27.120 DOF Secretary Frederick D. Go: and made our debt obligations asr-000273 00:52:27.120 --> 00:52:27.840 DOF Secretary Frederick D. Go: more predictable asr-000274 00:52:27.840 --> 00:52:28.660 DOF Secretary Frederick D. Go: and manageable asr-000275 00:52:28.660 --> 00:52:30.080 DOF Secretary Frederick D. Go: over the long term. asr-000276 00:52:31.940 --> 00:52:33.860 DOF Secretary Frederick D. Go: The market's assessment asr-000277 00:52:33.860 --> 00:52:35.400 DOF Secretary Frederick D. Go: of our fiscal fundamentals asr-000278 00:52:35.400 --> 00:52:36.420 DOF Secretary Frederick D. Go: is also reflected asr-000279 00:52:36.420 --> 00:52:37.320 DOF Secretary Frederick D. Go: in the confidence asr-000280 00:52:37.320 --> 00:52:39.140 DOF Secretary Frederick D. Go: of international investors. asr-000281 00:52:39.880 --> 00:52:41.360 DOF Secretary Frederick D. Go: Our sovereign credit ratings asr-000282 00:52:41.360 --> 00:52:43.500 DOF Secretary Frederick D. Go: remain at investment-grade levels. asr-000283 00:52:44.220 --> 00:52:46.040 DOF Secretary Frederick D. Go: We have two A- ratings asr-000284 00:52:46.040 --> 00:52:48.120 DOF Secretary Frederick D. Go: from Japanese credit rating agencies, asr-000285 00:52:48.540 --> 00:52:49.780 DOF Secretary Frederick D. Go: and this reflects asr-000286 00:52:49.780 --> 00:52:50.780 DOF Secretary Frederick D. Go: continued confidence asr-000287 00:52:50.780 --> 00:52:51.680 DOF Secretary Frederick D. Go: in the country's asr-000288 00:52:51.680 --> 00:52:53.060 DOF Secretary Frederick D. Go: economic fundamentals asr-000289 00:52:53.060 --> 00:52:54.500 DOF Secretary Frederick D. Go: and our capacity asr-000290 00:52:54.500 --> 00:52:57.300 DOF Secretary Frederick D. Go: to manage our public finances. asr-000291 00:52:58.720 --> 00:53:00.940 DOF Secretary Frederick D. Go: Higher credit ratings reflect asr-000292 00:53:00.940 --> 00:53:02.600 DOF Secretary Frederick D. Go: minimal default risk, asr-000293 00:53:02.600 --> 00:53:04.240 DOF Secretary Frederick D. Go: signaling lenders asr-000294 00:53:04.240 --> 00:53:06.680 DOF Secretary Frederick D. Go: to offer lower interest rates. asr-000295 00:53:06.680 --> 00:53:07.840 DOF Secretary Frederick D. Go: When the country can borrow asr-000296 00:53:07.840 --> 00:53:08.920 DOF Secretary Frederick D. Go: at lower interest rates, asr-000297 00:53:08.920 --> 00:53:10.800 DOF Secretary Frederick D. Go: private businesses can also borrow asr-000298 00:53:10.800 --> 00:53:12.640 DOF Secretary Frederick D. Go: at lower interest rates. asr-000299 00:53:13.840 --> 00:53:15.080 DOF Secretary Frederick D. Go: We have also seen progress asr-000300 00:53:15.080 --> 00:53:15.960 DOF Secretary Frederick D. Go: in our integration asr-000301 00:53:15.960 --> 00:53:17.420 DOF Secretary Frederick D. Go: into global capital markets asr-000302 00:53:17.420 --> 00:53:19.720 DOF Secretary Frederick D. Go: with the upcoming historic debut asr-000303 00:53:19.720 --> 00:53:21.620 DOF Secretary Frederick D. Go: of our peso-denominated government bonds in asr-000304 00:53:21.620 --> 00:53:24.620 DOF Secretary Frederick D. Go: JPMorgan's Government Bond Index asr-000305 00:53:24.620 --> 00:53:25.620 DOF Secretary Frederick D. Go: Emerging Markets asr-000306 00:53:25.620 --> 00:53:28.240 DOF Secretary Frederick D. Go: in January 2027. asr-000307 00:53:28.700 --> 00:53:30.000 DOF Secretary Frederick D. Go: This is significant asr-000308 00:53:30.000 --> 00:53:31.880 DOF Secretary Frederick D. Go: because our first-ever inclusion asr-000309 00:53:31.880 --> 00:53:34.520 DOF Secretary Frederick D. Go: in a major global bond index asr-000310 00:53:34.520 --> 00:53:36.440 DOF Secretary Frederick D. Go: reflects a strong vote of confidence asr-000311 00:53:36.440 --> 00:53:37.940 DOF Secretary Frederick D. Go: in our solid fundamentals asr-000312 00:53:37.940 --> 00:53:40.020 DOF Secretary Frederick D. Go: and fiscal discipline. asr-000313 00:53:40.580 --> 00:53:42.120 DOF Secretary Frederick D. Go: These results are the product asr-000314 00:53:42.120 --> 00:53:43.620 DOF Secretary Frederick D. Go: of disciplined fiscal management, asr-000315 00:53:44.340 --> 00:53:46.500 DOF Secretary Frederick D. Go: and the 2027 proposed budget asr-000316 00:53:46.500 --> 00:53:49.360 DOF Secretary Frederick D. Go: carries that same discipline forward. asr-000317 00:53:49.780 --> 00:53:51.020 DOF Secretary Frederick D. Go: For next year, asr-000318 00:53:51.020 --> 00:53:54.420 DOF Secretary Frederick D. Go: our new general appropriations asr-000319 00:53:54.420 --> 00:53:58.260 DOF Secretary Frederick D. Go: amount to 28.6 billion pesos. asr-000320 00:53:58.260 --> 00:54:00.260 DOF Secretary Frederick D. Go: Automatic appropriations asr-000321 00:54:00.260 --> 00:54:02.180 DOF Secretary Frederick D. Go: will be 3.4 billion pesos, asr-000322 00:54:02.180 --> 00:54:03.740 DOF Secretary Frederick D. Go: including retirement asr-000323 00:54:03.740 --> 00:54:05.220 DOF Secretary Frederick D. Go: and life insurance premiums asr-000324 00:54:05.220 --> 00:54:06.260 DOF Secretary Frederick D. Go: and special accounts asr-000325 00:54:06.260 --> 00:54:07.260 DOF Secretary Frederick D. Go: in the general fund. asr-000326 00:54:07.260 --> 00:54:10.520 DOF Secretary Frederick D. Go: Overall, we have a department-wide allocation asr-000327 00:54:10.520 --> 00:54:13.220 DOF Secretary Frederick D. Go: of 32.034 billion pesos, asr-000328 00:54:13.220 --> 00:54:16.300 DOF Secretary Frederick D. Go: which is 3.49% lower asr-000329 00:54:16.300 --> 00:54:19.140 DOF Secretary Frederick D. Go: than the 2026 GAA level, asr-000330 00:54:19.140 --> 00:54:21.020 DOF Secretary Frederick D. Go: equivalent to a decrease asr-000331 00:54:21.020 --> 00:54:24.900 DOF Secretary Frederick D. Go: of 1.159 billion pesos. asr-000332 00:54:25.480 --> 00:54:26.460 DOF Secretary Frederick D. Go: Against a government asr-000333 00:54:26.460 --> 00:54:29.020 DOF Secretary Frederick D. Go: that must raise trillions of pesos asr-000334 00:54:29.020 --> 00:54:29.700 DOF Secretary Frederick D. Go: in revenue asr-000335 00:54:29.700 --> 00:54:31.880 DOF Secretary Frederick D. Go: and finance trillions more asr-000336 00:54:31.880 --> 00:54:33.140 DOF Secretary Frederick D. Go: in public expenditure, asr-000337 00:54:33.920 --> 00:54:35.860 DOF Secretary Frederick D. Go: the DOF and its attached agencies asr-000338 00:54:35.860 --> 00:54:39.220 DOF Secretary Frederick D. Go: operate on a relatively small budget asr-000339 00:54:39.220 --> 00:54:41.900 DOF Secretary Frederick D. Go: at 19.4 billion pesos. asr-000340 00:54:42.540 --> 00:54:44.000 DOF Secretary Frederick D. Go: This accounts for more than half asr-000341 00:54:44.000 --> 00:54:46.100 DOF Secretary Frederick D. Go: or about 61% of the total asr-000342 00:54:46.100 --> 00:54:48.220 DOF Secretary Frederick D. Go: DOF proposed budget. asr-000343 00:54:49.180 --> 00:54:50.740 DOF Secretary Frederick D. Go: Against this budget, asr-000344 00:54:50.740 --> 00:54:52.420 DOF Secretary Frederick D. Go: the BIR is expected to collect asr-000345 00:54:52.420 --> 00:54:56.340 DOF Secretary Frederick D. Go: approximately 3.7 trillion pesos asr-000346 00:54:56.340 --> 00:54:58.520 DOF Secretary Frederick D. Go: in 2027. asr-000347 00:54:58.520 --> 00:55:00.080 DOF Secretary Frederick D. Go: In other words, asr-000348 00:55:00.080 --> 00:55:02.160 DOF Secretary Frederick D. Go: the BIR's entire proposed budget asr-000349 00:55:02.160 --> 00:55:04.560 DOF Secretary Frederick D. Go: is equivalent to two days asr-000350 00:55:04.560 --> 00:55:06.900 DOF Secretary Frederick D. Go: of projected collections. asr-000351 00:55:06.900 --> 00:55:09.220 DOF Secretary Frederick D. Go: The Bureau of Customs or the BOC, asr-000352 00:55:09.220 --> 00:55:10.020 DOF Secretary Frederick D. Go: on the other hand, asr-000353 00:55:10.020 --> 00:55:11.000 DOF Secretary Frederick D. Go: has a proposed budget asr-000354 00:55:11.000 --> 00:55:12.580 DOF Secretary Frederick D. Go: of 5.9 billion pesos asr-000355 00:55:12.580 --> 00:55:14.100 DOF Secretary Frederick D. Go: against projected collections asr-000356 00:55:14.100 --> 00:55:18.560 DOF Secretary Frederick D. Go: of approximately 1.1 trillion pesos. asr-000357 00:55:18.560 --> 00:55:20.420 DOF Secretary Frederick D. Go: Its proposed budget is likewise asr-000358 00:55:20.420 --> 00:55:21.720 DOF Secretary Frederick D. Go: equivalent to about asr-000359 00:55:21.720 --> 00:55:23.880 DOF Secretary Frederick D. Go: two days of collections. asr-000360 00:55:24.620 --> 00:55:26.840 DOF Secretary Frederick D. Go: The Bureau of Treasury or the BTR asr-000361 00:55:26.840 --> 00:55:28.080 DOF Secretary Frederick D. Go: has a proposed allocation asr-000362 00:55:28.080 --> 00:55:29.680 DOF Secretary Frederick D. Go: of 4.1 billion pesos. asr-000363 00:55:30.620 --> 00:55:32.840 DOF Secretary Frederick D. Go: Its responsibility is to manage asr-000364 00:55:32.840 --> 00:55:33.920 DOF Secretary Frederick D. Go: the government's cash, asr-000365 00:55:34.300 --> 00:55:36.020 DOF Secretary Frederick D. Go: debt, and financing requirements, asr-000366 00:55:36.620 --> 00:55:37.620 DOF Secretary Frederick D. Go: including the funding asr-000367 00:55:37.620 --> 00:55:39.440 DOF Secretary Frederick D. Go: of the projected asr-000368 00:55:39.440 --> 00:55:42.280 DOF Secretary Frederick D. Go: 1.7 trillion pesos asr-000369 00:55:42.280 --> 00:55:45.060 DOF Secretary Frederick D. Go: fiscal deficit in 2027. asr-000370 00:55:46.000 --> 00:55:47.600 DOF Secretary Frederick D. Go: In terms of allocation, asr-000371 00:55:47.800 --> 00:55:49.940 DOF Secretary Frederick D. Go: about 52% of our proposed budget asr-000372 00:55:49.940 --> 00:55:50.200 DOF Secretary Frederick D. Go: under the new government is asr-000373 00:55:50.200 --> 00:55:51.440 DOF Secretary Frederick D. Go: under the new general asr-000374 00:55:51.440 --> 00:55:53.480 DOF Secretary Frederick D. Go: and automatic appropriations asr-000375 00:55:53.480 --> 00:55:56.180 DOF Secretary Frederick D. Go: goes to personal services, asr-000376 00:55:56.180 --> 00:55:57.700 DOF Secretary Frederick D. Go: 35% to maintenance asr-000377 00:55:57.700 --> 00:55:59.440 DOF Secretary Frederick D. Go: and other operating expenses, asr-000378 00:55:59.440 --> 00:56:02.720 DOF Secretary Frederick D. Go: and about 13% to capital outlays, asr-000379 00:56:02.720 --> 00:56:07.480 DOF Secretary Frederick D. Go: and less than 1% to financial expenses. asr-000380 00:56:07.480 --> 00:56:09.320 DOF Secretary Frederick D. Go: This allocation reflects our focus asr-000381 00:56:09.320 --> 00:56:11.080 DOF Secretary Frederick D. Go: on workforce upskilling asr-000382 00:56:11.080 --> 00:56:13.820 DOF Secretary Frederick D. Go: and digital infrastructure. asr-000383 00:56:13.820 --> 00:56:15.760 DOF Secretary Frederick D. Go: Digitalization and modernization asr-000384 00:56:15.760 --> 00:56:18.000 DOF Secretary Frederick D. Go: initiatives remain a high priority asr-000385 00:56:18.000 --> 00:56:19.200 DOF Secretary Frederick D. Go: across all agencies asr-000386 00:56:19.200 --> 00:56:20.160 DOF Secretary Frederick D. Go: with a total budget asr-000387 00:56:20.160 --> 00:56:21.660 DOF Secretary Frederick D. Go: of 3.8 billion pesos asr-000388 00:56:21.660 --> 00:56:23.380 DOF Secretary Frederick D. Go: to transform processes, asr-000389 00:56:23.680 --> 00:56:24.540 DOF Secretary Frederick D. Go: integrate systems, asr-000390 00:56:24.700 --> 00:56:25.620 DOF Secretary Frederick D. Go: and deliver faster, asr-000391 00:56:26.160 --> 00:56:27.640 DOF Secretary Frederick D. Go: more efficient services. asr-000392 00:56:28.440 --> 00:56:30.780 DOF Secretary Frederick D. Go: At about 66%, asr-000393 00:56:30.780 --> 00:56:33.180 DOF Secretary Frederick D. Go: the BIR accounts asr-000394 00:56:33.180 --> 00:56:34.620 DOF Secretary Frederick D. Go: for the largest piece of the pie, asr-000395 00:56:34.800 --> 00:56:36.160 DOF Secretary Frederick D. Go: followed by the Bureau of Customs asr-000396 00:56:36.160 --> 00:56:37.960 DOF Secretary Frederick D. Go: at about 15%. asr-000397 00:56:37.960 --> 00:56:39.740 DOF Secretary Frederick D. Go: These investments are designed asr-000398 00:56:39.740 --> 00:56:40.920 DOF Secretary Frederick D. Go: to make compliance easier asr-000399 00:56:40.920 --> 00:56:41.720 DOF Secretary Frederick D. Go: for taxpayers, asr-000400 00:56:42.040 --> 00:56:42.680 DOF Secretary Frederick D. Go: cut red tape, asr-000401 00:56:43.180 --> 00:56:44.340 DOF Secretary Frederick D. Go: and foster a culture asr-000402 00:56:44.340 --> 00:56:45.440 DOF Secretary Frederick D. Go: of transparency asr-000403 00:56:45.440 --> 00:56:47.920 DOF Secretary Frederick D. Go: in line with the President's call asr-000404 00:56:47.920 --> 00:56:49.920 DOF Secretary Frederick D. Go: for zero tolerance on asr-000405 00:56:50.160 --> 00:56:50.660 DOF Secretary Frederick D. Go: Corruption. asr-000406 00:56:51.840 --> 00:56:53.700 DOF Secretary Frederick D. Go: Now, allow me to present asr-000407 00:56:53.700 --> 00:56:55.220 DOF Secretary Frederick D. Go: the specific budget proposals asr-000408 00:56:55.220 --> 00:56:56.740 DOF Secretary Frederick D. Go: of each DOF agency. asr-000409 00:56:57.580 --> 00:56:58.500 DOF Secretary Frederick D. Go: As mentioned, asr-000410 00:56:58.640 --> 00:57:00.020 DOF Secretary Frederick D. Go: the BIR has a proposed budget asr-000411 00:57:00.020 --> 00:57:01.700 DOF Secretary Frederick D. Go: of 19.4 billion pesos, asr-000412 00:57:01.840 --> 00:57:03.460 DOF Secretary Frederick D. Go: which is 6.9% higher asr-000413 00:57:03.460 --> 00:57:04.620 DOF Secretary Frederick D. Go: than this year's GAA. asr-000414 00:57:05.440 --> 00:57:06.860 DOF Secretary Frederick D. Go: This increase is driven in part asr-000415 00:57:06.860 --> 00:57:08.400 DOF Secretary Frederick D. Go: by higher personnel services, asr-000416 00:57:09.040 --> 00:57:10.700 DOF Secretary Frederick D. Go: following the compensation adjustments asr-000417 00:57:10.700 --> 00:57:12.160 DOF Secretary Frederick D. Go: under EO64, asr-000418 00:57:12.400 --> 00:57:13.440 DOF Secretary Frederick D. Go: Series of 2024. asr-000419 00:57:14.240 --> 00:57:14.680 DOF Secretary Frederick D. Go: Meanwhile, asr-000420 00:57:14.880 --> 00:57:17.200 DOF Secretary Frederick D. Go: MOOE will grow by 22.9% asr-000421 00:57:17.200 --> 00:57:18.880 DOF Secretary Frederick D. Go: to cover increased operating needs asr-000422 00:57:18.880 --> 00:57:20.000 DOF Secretary Frederick D. Go: and ensure the continuity asr-000423 00:57:20.000 --> 00:57:21.800 DOF Secretary Frederick D. Go: of the Bureau's critical programs. asr-000424 00:57:23.800 --> 00:57:24.900 DOF Secretary Frederick D. Go: On the other hand, asr-000425 00:57:24.980 --> 00:57:26.040 DOF Secretary Frederick D. Go: following the budget increase asr-000426 00:57:26.040 --> 00:57:27.060 DOF Secretary Frederick D. Go: for building construction asr-000427 00:57:27.060 --> 00:57:28.540 DOF Secretary Frederick D. Go: and motor vehicle acquisition asr-000428 00:57:28.540 --> 00:57:30.280 DOF Secretary Frederick D. Go: under the 2026 GAA, asr-000429 00:57:30.460 --> 00:57:31.940 DOF Secretary Frederick D. Go: capital outlays are proposed asr-000430 00:57:31.940 --> 00:57:34.740 DOF Secretary Frederick D. Go: to be 83.2% lower asr-000431 00:57:34.740 --> 00:57:37.160 DOF Secretary Frederick D. Go: in the 2027 budget. asr-000432 00:57:38.240 --> 00:57:40.160 DOF Secretary Frederick D. Go: The BOC's proposed 2027 budget asr-000433 00:57:40.160 --> 00:57:41.720 DOF Secretary Frederick D. Go: of 5.9 billion pesos, asr-000434 00:57:41.820 --> 00:57:42.420 DOF Secretary Frederick D. Go: on the other hand, asr-000435 00:57:42.460 --> 00:57:44.100 DOF Secretary Frederick D. Go: is 9.7% lower asr-000436 00:57:44.100 --> 00:57:45.960 DOF Secretary Frederick D. Go: than its 2026 budget. asr-000437 00:57:46.480 --> 00:57:47.400 DOF Secretary Frederick D. Go: A substantial part asr-000438 00:57:47.400 --> 00:57:48.000 DOF Secretary Frederick D. Go: of the reduction asr-000439 00:57:48.000 --> 00:57:49.080 DOF Secretary Frederick D. Go: is in MOOE, asr-000440 00:57:49.080 --> 00:57:51.960 DOF Secretary Frederick D. Go: particularly in ICT-related requirements. asr-000441 00:57:52.200 --> 00:57:53.400 DOF Secretary Frederick D. Go: Our priority is to make full asr-000442 00:57:53.400 --> 00:57:54.200 DOF Secretary Frederick D. Go: and effective use asr-000443 00:57:54.200 --> 00:57:55.860 DOF Secretary Frederick D. Go: of existing digital systems, asr-000444 00:57:56.620 --> 00:57:58.540 DOF Secretary Frederick D. Go: improve integration across platforms, asr-000445 00:57:58.840 --> 00:58:00.080 DOF Secretary Frederick D. Go: and fund the critical requirements asr-000446 00:58:00.820 --> 00:58:02.940 DOF Secretary Frederick D. Go: needed to move modernization forward. asr-000447 00:58:03.560 --> 00:58:04.780 DOF Secretary Frederick D. Go: This year-on-year comparison asr-000448 00:58:04.780 --> 00:58:05.640 DOF Secretary Frederick D. Go: is also affected asr-000449 00:58:05.640 --> 00:58:08.560 DOF Secretary Frederick D. Go: by the 180.5 million confidential funds asr-000450 00:58:08.560 --> 00:58:11.080 DOF Secretary Frederick D. Go: specifically provided in the 2026 GAA, asr-000451 00:58:11.640 --> 00:58:13.100 DOF Secretary Frederick D. Go: which is no longer included asr-000452 00:58:13.100 --> 00:58:15.220 DOF Secretary Frederick D. Go: in the 2027 NEP. asr-000453 00:58:16.600 --> 00:58:18.200 DOF Secretary Frederick D. Go: Even with a lower budget, asr-000454 00:58:18.200 --> 00:58:18.780 DOF Secretary Frederick D. Go: our direction, asr-000455 00:58:18.780 --> 00:58:19.460 DOF Secretary Frederick D. Go: through the BOC, asr-000456 00:58:19.540 --> 00:58:20.580 DOF Secretary Frederick D. Go: remains clear and firm, asr-000457 00:58:20.700 --> 00:58:22.400 DOF Secretary Frederick D. Go: faster and more transparent processes, asr-000458 00:58:22.700 --> 00:58:23.860 DOF Secretary Frederick D. Go: better use of technology, asr-000459 00:58:24.100 --> 00:58:25.880 DOF Secretary Frederick D. Go: more effective border administration asr-000460 00:58:25.880 --> 00:58:26.680 DOF Secretary Frederick D. Go: and enforcement, asr-000461 00:58:26.940 --> 00:58:27.720 DOF Secretary Frederick D. Go: and more efficient asr-000462 00:58:27.720 --> 00:58:29.360 DOF Secretary Frederick D. Go: revenue collection. asr-000463 00:58:32.400 --> 00:58:33.040 DOF Secretary Frederick D. Go: Meanwhile, asr-000464 00:58:33.220 --> 00:58:35.120 DOF Secretary Frederick D. Go: the BTR's proposed 2027 budget asr-000465 00:58:35.120 --> 00:58:36.860 DOF Secretary Frederick D. Go: is 4.1 billion pesos, asr-000466 00:58:37.040 --> 00:58:39.440 DOF Secretary Frederick D. Go: which is 13.7% lower asr-000467 00:58:39.440 --> 00:58:41.800 DOF Secretary Frederick D. Go: than its 2026 GAA level. asr-000468 00:58:42.520 --> 00:58:43.400 DOF Secretary Frederick D. Go: Most of the reduction asr-000469 00:58:43.400 --> 00:58:44.420 DOF Secretary Frederick D. Go: is in MOOE asr-000470 00:58:44.420 --> 00:58:45.780 DOF Secretary Frederick D. Go: for national government-related requirements, asr-000471 00:58:46.420 --> 00:58:47.240 DOF Secretary Frederick D. Go: which declines asr-000472 00:58:47.240 --> 00:58:48.760 DOF Secretary Frederick D. Go: from 576 million pesos asr-000473 00:58:48.780 --> 00:58:51.360 DOF Secretary Frederick D. Go: to 45.8 million pesos. asr-000474 00:58:51.620 --> 00:58:53.340 DOF Secretary Frederick D. Go: Based on the BTR's projections, asr-000475 00:58:53.560 --> 00:58:55.640 DOF Secretary Frederick D. Go: available 2026 appropriations asr-000476 00:58:55.640 --> 00:58:57.560 DOF Secretary Frederick D. Go: that remain valid through 2027 asr-000477 00:58:57.560 --> 00:58:59.660 DOF Secretary Frederick D. Go: are expected to be sufficient asr-000478 00:58:59.660 --> 00:59:01.440 DOF Secretary Frederick D. Go: to cover bank transaction fees asr-000479 00:59:01.440 --> 00:59:05.100 DOF Secretary Frederick D. Go: paid to authorized government depository banks asr-000480 00:59:05.100 --> 00:59:06.800 DOF Secretary Frederick D. Go: and authorized agent banks asr-000481 00:59:06.800 --> 00:59:08.540 DOF Secretary Frederick D. Go: for processing collections asr-000482 00:59:08.540 --> 00:59:10.700 DOF Secretary Frederick D. Go: of the BIR, BOC, asr-000483 00:59:10.880 --> 00:59:12.520 DOF Secretary Frederick D. Go: and the national collecting officers asr-000484 00:59:12.520 --> 00:59:13.420 DOF Secretary Frederick D. Go: throughout the year. asr-000485 00:59:14.340 --> 00:59:15.800 DOF Secretary Frederick D. Go: This adjustment is consistent asr-000486 00:59:15.800 --> 00:59:16.860 DOF Secretary Frederick D. Go: with the funding level asr-000487 00:59:16.860 --> 00:59:18.500 DOF Secretary Frederick D. Go: recommended by the DBM. asr-000488 00:59:18.780 --> 00:59:22.240 DOF Secretary Frederick D. Go: The proposed 2027 budget asr-000489 00:59:22.240 --> 00:59:24.340 DOF Secretary Frederick D. Go: of the DOF Office of the Secretary asr-000490 00:59:24.340 --> 00:59:26.000 DOF Secretary Frederick D. Go: is 1.1 billion pesos, asr-000491 00:59:26.220 --> 00:59:27.740 DOF Secretary Frederick D. Go: which is 13% lower asr-000492 00:59:27.740 --> 00:59:30.780 DOF Secretary Frederick D. Go: than its 2026 GAA level. asr-000493 00:59:31.160 --> 00:59:32.320 DOF Secretary Frederick D. Go: I am proud that DOF asr-000494 00:59:32.320 --> 00:59:35.540 DOF Secretary Frederick D. Go: and several of our attached agencies asr-000495 00:59:35.540 --> 00:59:36.640 DOF Secretary Frederick D. Go: reduced our budget asr-000496 00:59:36.640 --> 00:59:38.480 DOF Secretary Frederick D. Go: by double-digit percentages. asr-000497 00:59:39.220 --> 00:59:40.360 DOF Secretary Frederick D. Go: The decrease mainly comes asr-000498 00:59:40.360 --> 00:59:41.160 DOF Secretary Frederick D. Go: from lower funding asr-000499 00:59:41.160 --> 00:59:42.340 DOF Secretary Frederick D. Go: for ICT projects asr-000500 00:59:42.340 --> 00:59:45.540 DOF Secretary Frederick D. Go: consistent with DBM recommended levels asr-000501 00:59:45.540 --> 00:59:46.440 DOF Secretary Frederick D. Go: as we wind up asr-000502 00:59:46.440 --> 00:59:48.120 DOF Secretary Frederick D. Go: the three-year information system asr-000503 00:59:48.120 --> 00:59:48.660 DOF Secretary Frederick D. Go: strategic plan asr-000504 00:59:48.660 --> 00:59:50.280 DOF Secretary Frederick D. Go: of the DOF next year. asr-000505 00:59:51.220 --> 00:59:52.740 DOF Secretary Frederick D. Go: The 2027 proposal asr-000506 00:59:52.740 --> 00:59:54.100 DOF Secretary Frederick D. Go: also no longer includes asr-000507 00:59:54.100 --> 00:59:56.220 DOF Secretary Frederick D. Go: the funding provided in 2026 asr-000508 00:59:56.220 --> 00:59:58.740 DOF Secretary Frederick D. Go: for the planned Philippine hosting asr-000509 00:59:58.740 --> 01:00:00.000 DOF Secretary Frederick D. Go: of the extractive industry asr-000511 01:00:00.000 --> 01:00:02.600 DOF Secretary Frederick D. Go: Transparency Initiative Global Conference asr-000512 01:00:02.600 --> 01:00:06.940 DOF Secretary Frederick D. Go: The Insurance Commission's asr-000513 01:00:06.940 --> 01:00:08.580 DOF Secretary Frederick D. Go: 2027 NEP level asr-000514 01:00:08.580 --> 01:00:10.760 DOF Secretary Frederick D. Go: is 656.7 million asr-000515 01:00:10.760 --> 01:00:13.080 DOF Secretary Frederick D. Go: which is 44.7% asr-000516 01:00:13.080 --> 01:00:14.660 DOF Secretary Frederick D. Go: lower than its 2026 asr-000517 01:00:14.660 --> 01:00:16.580 DOF Secretary Frederick D. Go: GA level. The decrease is asr-000518 01:00:16.580 --> 01:00:18.700 DOF Secretary Frederick D. Go: concentrated in MOE and capital asr-000519 01:00:18.700 --> 01:00:20.860 DOF Secretary Frederick D. Go: outlay. In the 2027 asr-000520 01:00:20.860 --> 01:00:22.480 DOF Secretary Frederick D. Go: NEP, there's no more funding provision asr-000521 01:00:22.480 --> 01:00:24.420 DOF Secretary Frederick D. Go: for motor vehicles and certain asr-000522 01:00:24.420 --> 01:00:26.300 DOF Secretary Frederick D. Go: traveling, training, and consultancy asr-000523 01:00:26.300 --> 01:00:28.380 DOF Secretary Frederick D. Go: expenses. Funding for asr-000524 01:00:28.380 --> 01:00:30.260 DOF Secretary Frederick D. Go: ICT requirements under the Commission's asr-000525 01:00:30.260 --> 01:00:32.280 DOF Secretary Frederick D. Go: Information Systems Strategic Plan and asr-000526 01:00:32.280 --> 01:00:34.360 DOF Secretary Frederick D. Go: for other professional services asr-000527 01:00:34.360 --> 01:00:35.720 DOF Secretary Frederick D. Go: is also lower. asr-000528 01:00:36.400 --> 01:00:38.360 DOF Secretary Frederick D. Go: These amounts are consistent with the funding asr-000529 01:00:38.360 --> 01:00:40.320 DOF Secretary Frederick D. Go: levels recommended by asr-000530 01:00:40.320 --> 01:00:41.740 DOF Secretary Frederick D. Go: DBM for 2027. asr-000531 01:00:45.800 --> 01:00:48.180 DOF Secretary Frederick D. Go: The BLGF NEP level is asr-000532 01:00:48.180 --> 01:00:50.140 DOF Secretary Frederick D. Go: 568.5 million pesos asr-000533 01:00:50.140 --> 01:00:52.160 DOF Secretary Frederick D. Go: which is 42.9% asr-000534 01:00:52.160 --> 01:00:54.460 DOF Secretary Frederick D. Go: lower than its 2026 asr-000535 01:00:54.460 --> 01:00:56.200 DOF Secretary Frederick D. Go: GA level. Most of the asr-000536 01:00:56.200 --> 01:00:57.880 DOF Secretary Frederick D. Go: decrease is due to the 400 million asr-000537 01:00:57.880 --> 01:00:59.820 DOF Secretary Frederick D. Go: allocation for the asr-000538 01:00:59.820 --> 01:01:00.720 DOF Secretary Frederick D. Go: ADB-assisted asr-000539 01:01:00.720 --> 01:01:03.940 DOF Secretary Frederick D. Go: LGRP in 2026 for which asr-000540 01:01:03.940 --> 01:01:05.620 DOF Secretary Frederick D. Go: there is no corresponding provision in asr-000541 01:01:05.620 --> 01:01:07.800 DOF Secretary Frederick D. Go: 2027 as the foreign-funded project asr-000542 01:01:07.800 --> 01:01:08.900 DOF Secretary Frederick D. Go: nears its completion. asr-000543 01:01:10.000 --> 01:01:11.720 DOF Secretary Frederick D. Go: The 2027 NEP also carries asr-000544 01:01:11.720 --> 01:01:14.040 DOF Secretary Frederick D. Go: no new capital outlay for digitalization asr-000545 01:01:14.040 --> 01:01:15.800 DOF Secretary Frederick D. Go: projects and transportation equipment asr-000546 01:01:15.800 --> 01:01:17.500 DOF Secretary Frederick D. Go: that were funded in 2026. asr-000547 01:01:18.540 --> 01:01:19.760 DOF Secretary Frederick D. Go: However, funding for asr-000548 01:01:19.760 --> 01:01:21.580 DOF Secretary Frederick D. Go: the BLGF's regular personal services asr-000549 01:01:21.580 --> 01:01:23.540 DOF Secretary Frederick D. Go: and operating requirements is higher than in asr-000550 01:01:23.540 --> 01:01:25.680 DOF Secretary Frederick D. Go: 2026. The BLGF asr-000551 01:01:25.680 --> 01:01:27.680 DOF Secretary Frederick D. Go: will nevertheless continue its core work on asr-000552 01:01:27.680 --> 01:01:29.800 DOF Secretary Frederick D. Go: local revenue administration and fund management asr-000553 01:01:29.800 --> 01:01:31.600 DOF Secretary Frederick D. Go: as well as the supervision of local asr-000554 01:01:31.600 --> 01:01:33.640 DOF Secretary Frederick D. Go: treasury and assessment operations. asr-000555 01:01:34.860 --> 01:01:35.580 DOF Secretary Frederick D. Go: Finally, asr-000556 01:01:35.760 --> 01:01:37.820 DOF Secretary Frederick D. Go: the NTRC, PMO, and CBAA asr-000557 01:01:37.820 --> 01:01:40.220 DOF Secretary Frederick D. Go: account for 0.96% asr-000558 01:01:40.220 --> 01:01:41.300 DOF Secretary Frederick D. Go: of the DOF-wide asr-000559 01:01:41.300 --> 01:01:43.220 DOF Secretary Frederick D. Go: 2027 NEP with a asr-000560 01:01:43.220 --> 01:01:46.020 DOF Secretary Frederick D. Go: combined allocation of 307.9 asr-000561 01:01:46.020 --> 01:01:46.700 DOF Secretary Frederick D. Go: million pesos. asr-000562 01:01:47.460 --> 01:01:49.580 DOF Secretary Frederick D. Go: The NTRC's 2027 level asr-000563 01:01:49.580 --> 01:01:51.240 DOF Secretary Frederick D. Go: is 3.6% lower asr-000564 01:01:51.240 --> 01:01:53.580 DOF Secretary Frederick D. Go: at 148.4 million asr-000565 01:01:53.580 --> 01:01:55.380 DOF Secretary Frederick D. Go: pesos mainly due to the asr-000566 01:01:55.380 --> 01:01:57.560 DOF Secretary Frederick D. Go: non-inclusion of capital outlay provisions asr-000567 01:01:57.560 --> 01:01:59.520 DOF Secretary Frederick D. Go: for ICT equipment and motor vehicles asr-000568 01:01:59.520 --> 01:02:01.080 DOF Secretary Frederick D. Go: in the 2027 NEP. asr-000569 01:02:01.860 --> 01:02:03.100 DOF Secretary Frederick D. Go: The PMO's budget at asr-000570 01:02:03.100 --> 01:02:05.100 DOF Secretary Frederick D. Go: 134.8 million pesos asr-000571 01:02:05.100 --> 01:02:07.640 DOF Secretary Frederick D. Go: has a very minimal increase generally asr-000572 01:02:07.640 --> 01:02:09.120 DOF Secretary Frederick D. Go: attributed to compensation asr-000573 01:02:09.120 --> 01:02:10.620 DOF Secretary Frederick D. Go: adjustments. asr-000574 01:02:11.520 --> 01:02:13.460 DOF Secretary Frederick D. Go: Similarly, the CBAA's proposed budget asr-000575 01:02:13.460 --> 01:02:15.680 DOF Secretary Frederick D. Go: of 24.7 million pesos is higher asr-000576 01:02:15.680 --> 01:02:16.960 DOF Secretary Frederick D. Go: mainly because of asr-000577 01:02:16.960 --> 01:02:19.260 DOF Secretary Frederick D. Go: increased personnel services asr-000578 01:02:19.260 --> 01:02:21.340 DOF Secretary Frederick D. Go: requirements under EO64. asr-000579 01:02:23.340 --> 01:02:24.580 DOF Secretary Frederick D. Go: As I close, asr-000580 01:02:25.420 --> 01:02:27.300 DOF Secretary Frederick D. Go: let me assure you that this budget proposal, asr-000581 01:02:27.300 --> 01:02:29.060 DOF Secretary Frederick D. Go: adheres to the highest standards of asr-000582 01:02:29.060 --> 01:02:30.000 DOF Secretary Frederick D. Go: fiscal discipline asr-000583 01:02:30.000 --> 01:02:32.940 DOF Secretary Frederick D. Go: and prudent financial management. asr-000584 01:02:33.380 --> 01:02:35.180 DOF Secretary Frederick D. Go: In fact, for five consecutive years, asr-000585 01:02:35.300 --> 01:02:37.240 DOF Secretary Frederick D. Go: the DOF Office of the asr-000586 01:02:37.240 --> 01:02:39.360 DOF Secretary Frederick D. Go: Secretary has earned an unmodified asr-000587 01:02:39.360 --> 01:02:41.160 DOF Secretary Frederick D. Go: opinion from the Commission on Audit. asr-000588 01:02:41.880 --> 01:02:43.220 DOF Secretary Frederick D. Go: This is a solid testament asr-000589 01:02:43.220 --> 01:02:45.060 DOF Secretary Frederick D. Go: that the DOF asr-000590 01:02:45.060 --> 01:02:47.120 DOF Secretary Frederick D. Go: raises, manages, and asr-000591 01:02:47.120 --> 01:02:49.060 DOF Secretary Frederick D. Go: spends public funds with integrity, asr-000592 01:02:49.500 --> 01:02:51.440 DOF Secretary Frederick D. Go: accountability, and utmost respect asr-000593 01:02:51.440 --> 01:02:52.640 DOF Secretary Frederick D. Go: for every peso earned asr-000594 01:02:52.640 --> 01:02:55.480 DOF Secretary Frederick D. Go: by the Filipino taxpayer. asr-000595 01:02:55.480 --> 01:02:57.920 DOF Secretary Frederick D. Go: Beyond the size asr-000596 01:02:57.920 --> 01:02:59.580 DOF Secretary Frederick D. Go: of our budget, we are equally asr-000597 01:02:59.580 --> 01:03:01.280 DOF Secretary Frederick D. Go: mindful of how it is executed. asr-000598 01:03:02.580 --> 01:03:03.680 DOF Secretary Frederick D. Go: At year-end asr-000599 01:03:03.680 --> 01:03:05.760 DOF Secretary Frederick D. Go: 2025, the DOF-wide obligation asr-000600 01:03:05.760 --> 01:03:07.660 DOF Secretary Frederick D. Go: rate stood at 87%, asr-000601 01:03:07.660 --> 01:03:09.600 DOF Secretary Frederick D. Go: while 90% of its obligations asr-000602 01:03:09.600 --> 01:03:11.740 DOF Secretary Frederick D. Go: has been disbursed. asr-000603 01:03:13.280 --> 01:03:14.100 DOF Secretary Frederick D. Go: To update you asr-000604 01:03:14.100 --> 01:03:15.680 DOF Secretary Frederick D. Go: on our current year performance, as of asr-000605 01:03:15.680 --> 01:03:17.640 DOF Secretary Frederick D. Go: July 31, 2026, the Department, asr-000606 01:03:17.800 --> 01:03:19.540 DOF Secretary Frederick D. Go: its bureaus, and attached agencies had asr-000607 01:03:19.540 --> 01:03:21.540 DOF Secretary Frederick D. Go: obligated 49% asr-000608 01:03:21.540 --> 01:03:23.440 DOF Secretary Frederick D. Go: of available allotments under the asr-000609 01:03:23.440 --> 01:03:25.460 DOF Secretary Frederick D. Go: 2026 GAA. Of these asr-000610 01:03:25.460 --> 01:03:27.540 DOF Secretary Frederick D. Go: obligations, 75% had asr-000611 01:03:27.540 --> 01:03:28.540 DOF Secretary Frederick D. Go: already been disbursed. asr-000612 01:03:29.380 --> 01:03:31.500 DOF Secretary Frederick D. Go: In the DOF, we understand that good asr-000613 01:03:31.500 --> 01:03:33.460 DOF Secretary Frederick D. Go: budget execution requires both timely asr-000614 01:03:33.460 --> 01:03:35.580 DOF Secretary Frederick D. Go: implementation and prudent use of public asr-000615 01:03:35.580 --> 01:03:37.520 DOF Secretary Frederick D. Go: funds. That same discipline asr-000616 01:03:37.520 --> 01:03:39.640 DOF Secretary Frederick D. Go: applies to our day-to-day operations. asr-000617 01:03:40.300 --> 01:03:41.400 DOF Secretary Frederick D. Go: We continue to observe asr-000618 01:03:41.400 --> 01:03:43.260 DOF Secretary Frederick D. Go: government-wide measures and energy asr-000619 01:03:43.260 --> 01:03:45.460 DOF Secretary Frederick D. Go: conservation, prudent official asr-000620 01:03:45.460 --> 01:03:47.620 DOF Secretary Frederick D. Go: travel, without compromising asr-000621 01:03:47.620 --> 01:03:49.180 DOF Secretary Frederick D. Go: public service delivery. asr-000622 01:03:50.560 --> 01:03:51.480 DOF Secretary Frederick D. Go: Mr. Chair, the asr-000623 01:03:51.480 --> 01:03:53.460 DOF Secretary Frederick D. Go: DOF may operate on a budget of 32 asr-000624 01:03:53.460 --> 01:03:55.200 DOF Secretary Frederick D. Go: billion pesos, but we are responsible. asr-000625 01:03:55.460 --> 01:03:57.420 DOF Secretary Frederick D. Go: For raising and asr-000626 01:03:57.420 --> 01:03:59.200 DOF Secretary Frederick D. Go: managing resources measured in asr-000627 01:03:59.200 --> 01:04:00.960 DOF Secretary Frederick D. Go: trillions. Our asr-000628 01:04:00.960 --> 01:04:03.360 DOF Secretary Frederick D. Go: 2027 budget is built around three priorities, asr-000629 01:04:03.680 --> 01:04:05.480 DOF Secretary Frederick D. Go: strengthen revenue collection, modernize asr-000630 01:04:05.480 --> 01:04:07.520 DOF Secretary Frederick D. Go: our systems and capabilities, and protect asr-000631 01:04:07.520 --> 01:04:09.040 DOF Secretary Frederick D. Go: the country's fiscal position. asr-000632 01:04:09.780 --> 01:04:11.300 DOF Secretary Frederick D. Go: We will continue to operate with asr-000633 01:04:11.300 --> 01:04:13.220 DOF Secretary Frederick D. Go: discipline, executed asr-000634 01:04:13.220 --> 01:04:15.180 DOF Secretary Frederick D. Go: accountability, and invest where we can deliver asr-000635 01:04:15.180 --> 01:04:17.460 DOF Secretary Frederick D. Go: measurable value. We are not asking asr-000636 01:04:17.460 --> 01:04:19.420 DOF Secretary Frederick D. Go: the government to spend more asr-000637 01:04:19.420 --> 01:04:21.520 DOF Secretary Frederick D. Go: or less. We are asking asr-000638 01:04:21.520 --> 01:04:23.100 DOF Secretary Frederick D. Go: that every peso do asr-000639 01:04:23.100 --> 01:04:25.420 DOF Secretary Frederick D. Go: more. This is asr-000640 01:04:25.420 --> 01:04:27.000 DOF Secretary Frederick D. Go: the standard we will hold ourselves asr-000641 01:04:27.000 --> 01:04:29.320 DOF Secretary Frederick D. Go: to in 2027 asr-000642 01:04:29.320 --> 01:04:31.240 DOF Secretary Frederick D. Go: and that is our commitment to the Filipino asr-000643 01:04:31.240 --> 01:04:33.340 DOF Secretary Frederick D. Go: people. Thank you, Mr. Chair and asr-000644 01:04:33.340 --> 01:04:35.340 DOF Secretary Frederick D. Go: members of the committee. Together with asr-000645 01:04:35.340 --> 01:04:37.380 DOF Secretary Frederick D. Go: all the heads of the bureaus and attached asr-000646 01:04:37.380 --> 01:04:39.660 DOF Secretary Frederick D. Go: agencies of the Department of Finance, asr-000647 01:04:40.160 --> 01:04:41.320 DOF Secretary Frederick D. Go: we are ready to respond asr-000648 01:04:41.320 --> 01:04:42.770 DOF Secretary Frederick D. Go: to your questions. asr-000648-split-2 01:04:42.770 --> 01:04:43.460 Senator Joseph Victor "JV" G. Ejercito: Thank you, asr-000649 01:04:43.700 --> 01:04:45.020 Senator Joseph Victor "JV" G. Ejercito: Secretary Frederick Go. asr-000650 01:04:45.640 --> 01:04:47.200 Senator Joseph Victor "JV" G. Ejercito: At this juncture, before asr-000651 01:04:47.200 --> 01:04:49.660 Senator Joseph Victor "JV" G. Ejercito: we proceed to the questions asr-000652 01:04:49.660 --> 01:04:50.980 Senator Joseph Victor "JV" G. Ejercito: of our colleagues, asr-000653 01:04:51.620 --> 01:04:53.340 Senator Joseph Victor "JV" G. Ejercito: the Chair would like to recognize asr-000654 01:04:53.340 --> 01:04:55.340 Senator Joseph Victor "JV" G. Ejercito: the presence of Senator Erwin Tulfo. asr-000655 01:04:55.420 --> 01:04:57.100 Senator Joseph Victor "JV" G. Ejercito: Thank you, sir, for joining us. You may asr-000656 01:04:57.100 --> 01:04:59.540 Senator Joseph Victor "JV" G. Ejercito: want to make asr-000657 01:04:59.540 --> 01:05:00.800 Senator Joseph Victor "JV" G. Ejercito: an opening statement. asr-000657-split-2 01:05:00.800 --> 01:05:01.480 Senator Erwin Tulfo: Thank you, Mr. Chair. asr-000658 01:05:01.680 --> 01:05:02.980 Senator Erwin Tulfo: Actually, I have a hearing asr-000659 01:05:02.980 --> 01:05:05.400 Senator Erwin Tulfo: next door with the asr-000660 01:05:05.400 --> 01:05:07.020 Senator Erwin Tulfo: Philippine Reclamation Authority. asr-000661 01:05:07.560 --> 01:05:08.340 Senator Erwin Tulfo: I'd just like to asr-000662 01:05:08.340 --> 01:05:11.260 Senator Erwin Tulfo: support asr-000663 01:05:11.260 --> 01:05:12.640 Senator Erwin Tulfo: Mr. Chairman asr-000664 01:05:12.640 --> 01:05:15.260 Senator Erwin Tulfo: the budget requested asr-000665 01:05:15.260 --> 01:05:16.780 Senator Erwin Tulfo: by the Department of Finance. asr-000666 01:05:18.640 --> 01:05:21.420 Senator Erwin Tulfo: I noticed that there asr-000667 01:05:21.420 --> 01:05:22.160 Senator Erwin Tulfo: will be some asr-000668 01:05:22.160 --> 01:05:24.220 Senator Erwin Tulfo: or binawasan po asr-000669 01:05:24.220 --> 01:05:25.060 Senator Erwin Tulfo: yung budget. asr-000670 01:05:25.420 --> 01:05:27.100 Senator Erwin Tulfo: But I am for asr-000671 01:05:27.100 --> 01:05:29.280 Senator Erwin Tulfo: I am for asr-000672 01:05:29.280 --> 01:05:31.740 Senator Erwin Tulfo: actually, I support asr-000673 01:05:31.740 --> 01:05:33.620 Senator Erwin Tulfo: the budget, their budget proposal asr-000674 01:05:33.620 --> 01:05:35.700 Senator Erwin Tulfo: for next year. And I believe, Mr. asr-000675 01:05:35.840 --> 01:05:37.000 Senator Erwin Tulfo: Chair, my own opinion, asr-000676 01:05:37.620 --> 01:05:39.920 Senator Erwin Tulfo: since they're our money-making asr-000677 01:05:39.920 --> 01:05:41.420 Senator Erwin Tulfo: agency, they're the ones, asr-000678 01:05:41.960 --> 01:05:43.580 Senator Erwin Tulfo: they're the backbone of our asr-000679 01:05:43.580 --> 01:05:45.700 Senator Erwin Tulfo: Ikanga funds for asr-000680 01:05:45.700 --> 01:05:47.680 Senator Erwin Tulfo: next year, then why don't we give them asr-000681 01:05:47.680 --> 01:05:49.580 Senator Erwin Tulfo: what they want and perhaps even asr-000682 01:05:49.580 --> 01:05:50.380 Senator Erwin Tulfo: increase asr-000683 01:05:50.380 --> 01:05:53.660 Senator Erwin Tulfo: what was our putback, what asr-000684 01:05:53.660 --> 01:05:55.300 Senator Erwin Tulfo: was taken from them, from their asr-000685 01:05:55.300 --> 01:05:57.220 Senator Erwin Tulfo: budget. Thank you, Mr. Chairman. asr-000686 01:05:57.740 --> 01:05:59.340 Senator Joseph Victor "JV" G. Ejercito: Thank you, Senator asr-000687 01:05:59.340 --> 01:05:59.860 Senator Joseph Victor "JV" G. Ejercito: Tulfo. asr-000688 01:06:01.100 --> 01:06:03.080 Senator Joseph Victor "JV" G. Ejercito: Well, most agencies received asr-000689 01:06:03.080 --> 01:06:04.940 Senator Joseph Victor "JV" G. Ejercito: Yes, Secretary Fred asr-000690 01:06:04.940 --> 01:06:06.460 Senator Joseph Victor "JV" G. Ejercito: Go. asr-000690-split-2 01:06:06.460 --> 01:06:07.140 DOF Secretary Frederick D. Go: Thank you, Mr. asr-000691 01:06:07.240 --> 01:06:09.300 DOF Secretary Frederick D. Go: Chair. I'd like to respond. I'd like to express asr-000692 01:06:09.300 --> 01:06:11.220 DOF Secretary Frederick D. Go: my sincerest appreciation and gratitude asr-000693 01:06:11.220 --> 01:06:13.020 DOF Secretary Frederick D. Go: for the statement made by Senator asr-000694 01:06:13.020 --> 01:06:14.300 DOF Secretary Frederick D. Go: Erwin Tulfo. asr-000695 01:06:15.620 --> 01:06:17.260 DOF Secretary Frederick D. Go: We really appreciate what asr-000696 01:06:17.260 --> 01:06:19.120 DOF Secretary Frederick D. Go: you just said. As a matter of fact, before you asr-000697 01:06:19.120 --> 01:06:21.260 DOF Secretary Frederick D. Go: stepped in, Mr. Senator, asr-000698 01:06:21.260 --> 01:06:23.180 DOF Secretary Frederick D. Go: we actually mentioned that asr-000699 01:06:23.180 --> 01:06:25.220 DOF Secretary Frederick D. Go: the budget of the BIR is asr-000700 01:06:25.220 --> 01:06:26.760 DOF Secretary Frederick D. Go: only equivalent to two days asr-000701 01:06:26.760 --> 01:06:29.020 DOF Secretary Frederick D. Go: collection and the budget of the asr-000702 01:06:29.020 --> 01:06:30.840 DOF Secretary Frederick D. Go: Bureau of Customs is only equivalent to asr-000703 01:06:30.840 --> 01:06:32.580 DOF Secretary Frederick D. Go: two days of collection asr-000704 01:06:32.580 --> 01:06:35.180 DOF Secretary Frederick D. Go: and the DOF is actually asr-000705 01:06:35.180 --> 01:06:37.140 DOF Secretary Frederick D. Go: we actually even received a asr-000706 01:06:37.140 --> 01:06:38.840 DOF Secretary Frederick D. Go: NEP that had several asr-000707 01:06:38.840 --> 01:06:40.640 DOF Secretary Frederick D. Go: reductions from our asr-000708 01:06:40.640 --> 01:06:42.860 DOF Secretary Frederick D. Go: 2026 levels. asr-000709 01:06:43.500 --> 01:06:44.450 DOF Secretary Frederick D. Go: Thank you. asr-000709-split-2 01:06:44.450 --> 01:06:45.120 Senator Erwin Tulfo: You're welcome, asr-000710 01:06:45.660 --> 01:06:46.040 Senator Erwin Tulfo: Mr. Chair. asr-000711 01:06:46.880 --> 01:06:48.580 Senator Joseph Victor "JV" G. Ejercito: Thank you, Senator Tulfo. asr-000712 01:06:48.940 --> 01:06:51.020 Senator Joseph Victor "JV" G. Ejercito: Actually, there are ongoing asr-000713 01:06:51.020 --> 01:06:52.940 Senator Joseph Victor "JV" G. Ejercito: budget hearings also. Senator Tulfo asr-000714 01:06:52.940 --> 01:06:55.200 Senator Joseph Victor "JV" G. Ejercito: will be chairing budget asr-000715 01:06:55.220 --> 01:06:56.880 Senator Joseph Victor "JV" G. Ejercito: hearings of several asr-000716 01:06:56.880 --> 01:06:59.280 Senator Joseph Victor "JV" G. Ejercito: agencies. First to ask asr-000717 01:06:59.280 --> 01:07:00.800 Senator Joseph Victor "JV" G. Ejercito: questions, first to arrive is of course asr-000718 01:07:00.800 --> 01:07:03.000 Senator Joseph Victor "JV" G. Ejercito: Senator Francis Kiko asr-000719 01:07:03.000 --> 01:07:04.500 Senator Joseph Victor "JV" G. Ejercito: Pangilinan. Sir, you go ahead with your asr-000720 01:07:04.500 --> 01:07:05.390 Senator Joseph Victor "JV" G. Ejercito: questions. asr-000720-split-2 01:07:05.390 --> 01:07:06.540 Senator Francis Kiko Pangilinan: Thank you, asr-000721 01:07:07.100 --> 01:07:08.780 Senator Francis Kiko Pangilinan: Chairperson JV, asr-000722 01:07:09.080 --> 01:07:11.160 Senator Francis Kiko Pangilinan: Senator JV. Magandang asr-000723 01:07:11.160 --> 01:07:12.600 Senator Francis Kiko Pangilinan: hapon sa kanilang lahat. asr-000724 01:07:13.960 --> 01:07:15.100 Senator Francis Kiko Pangilinan: I'd like to focus on asr-000725 01:07:15.100 --> 01:07:16.220 Senator Francis Kiko Pangilinan: a few items. asr-000726 01:07:17.780 --> 01:07:19.260 Senator Francis Kiko Pangilinan: First would be the asr-000727 01:07:19.260 --> 01:07:23.280 Senator Francis Kiko Pangilinan: how much do we lose to smuggling? asr-000728 01:07:23.280 --> 01:07:25.200 Senator Francis Kiko Pangilinan: What is the status of? asr-000729 01:07:25.220 --> 01:07:26.060 Senator Francis Kiko Pangilinan: The single window asr-000730 01:07:26.060 --> 01:07:27.960 Senator Francis Kiko Pangilinan: project? asr-000731 01:07:28.700 --> 01:07:31.440 Senator Francis Kiko Pangilinan: When do you expect it to be fully operational? asr-000732 01:07:32.400 --> 01:07:33.040 Senator Francis Kiko Pangilinan: I remember asr-000733 01:07:33.040 --> 01:07:33.900 Senator Francis Kiko Pangilinan: in last asr-000734 01:07:33.900 --> 01:07:37.160 Senator Francis Kiko Pangilinan: last budget asr-000735 01:07:37.160 --> 01:07:38.940 Senator Francis Kiko Pangilinan: season, the estimate asr-000736 01:07:38.940 --> 01:07:41.380 Senator Francis Kiko Pangilinan: losses in smuggling asr-000737 01:07:41.380 --> 01:07:43.260 Senator Francis Kiko Pangilinan: was about 160 asr-000738 01:07:43.260 --> 01:07:44.620 Senator Francis Kiko Pangilinan: 170 billion. asr-000739 01:07:45.480 --> 01:07:47.120 Senator Francis Kiko Pangilinan: I don't know if that's updated. asr-000740 01:07:47.640 --> 01:07:49.200 Senator Francis Kiko Pangilinan: Do you have estimates asr-000741 01:07:49.200 --> 01:07:51.240 Senator Francis Kiko Pangilinan: and what is the status asr-000742 01:07:51.240 --> 01:07:53.300 Senator Francis Kiko Pangilinan: of the law asr-000743 01:07:53.300 --> 01:07:54.960 Senator Francis Kiko Pangilinan: that mandates a single window? asr-000744 01:07:55.220 --> 01:07:56.480 Senator Francis Kiko Pangilinan: I say this because asr-000745 01:07:56.480 --> 01:07:59.300 Senator Francis Kiko Pangilinan: well, precisely asr-000746 01:07:59.300 --> 01:08:01.120 Senator Francis Kiko Pangilinan: when you have the single window, then asr-000747 01:08:01.120 --> 01:08:03.140 Senator Francis Kiko Pangilinan: your document, asr-000748 01:08:03.400 --> 01:08:03.820 Senator Francis Kiko Pangilinan: there is asr-000749 01:08:03.820 --> 01:08:07.300 Senator Francis Kiko Pangilinan: a paper trail as to asr-000750 01:08:07.300 --> 01:08:09.360 Senator Francis Kiko Pangilinan: what comes in, what comes out. asr-000751 01:08:10.000 --> 01:08:10.460 Senator Francis Kiko Pangilinan: Clearly, asr-000752 01:08:11.060 --> 01:08:13.380 Senator Francis Kiko Pangilinan: we will asr-000753 01:08:13.380 --> 01:08:14.360 Senator Francis Kiko Pangilinan: do away with. asr-000754 01:08:16.600 --> 01:08:17.280 Senator Francis Kiko Pangilinan: Nagtuturoan, asr-000755 01:08:18.000 --> 01:08:19.960 Senator Francis Kiko Pangilinan: iba-iba ang dokumento, asr-000756 01:08:20.540 --> 01:08:21.380 Senator Francis Kiko Pangilinan: iba sinasabi asr-000757 01:08:21.380 --> 01:08:23.020 Senator Francis Kiko Pangilinan: ng BOC, asr-000758 01:08:23.140 --> 01:08:24.460 Senator Francis Kiko Pangilinan: iba sinasabi ng DA. asr-000759 01:08:25.220 --> 01:08:29.960 Senator Francis Kiko Pangilinan: I remember asr-000760 01:08:29.960 --> 01:08:32.720 Senator Francis Kiko Pangilinan: a simple concept asr-000761 01:08:32.720 --> 01:08:33.960 Senator Francis Kiko Pangilinan: of single window is asr-000762 01:08:33.960 --> 01:08:35.500 Senator Francis Kiko Pangilinan: when I was asr-000763 01:08:35.500 --> 01:08:37.000 Senator Francis Kiko Pangilinan: food security secretary asr-000764 01:08:37.000 --> 01:08:39.900 Senator Francis Kiko Pangilinan: and chairman asr-000765 01:08:39.900 --> 01:08:41.200 Senator Francis Kiko Pangilinan: of the board of NFA, asr-000766 01:08:42.360 --> 01:08:43.920 Senator Francis Kiko Pangilinan: I was asr-000767 01:08:43.920 --> 01:08:45.980 Senator Francis Kiko Pangilinan: perplexed that the BOC asr-000768 01:08:45.980 --> 01:08:48.040 Senator Francis Kiko Pangilinan: had a different asr-000769 01:08:48.040 --> 01:08:49.960 Senator Francis Kiko Pangilinan: set of documents for rice asr-000770 01:08:49.960 --> 01:08:50.660 Senator Francis Kiko Pangilinan: importation asr-000771 01:08:50.660 --> 01:08:53.840 Senator Francis Kiko Pangilinan: compared to the asr-000772 01:08:53.840 --> 01:08:54.960 Senator Francis Kiko Pangilinan: NFA. asr-000773 01:08:55.220 --> 01:08:56.460 Senator Francis Kiko Pangilinan: Which then had a asr-000774 01:08:56.460 --> 01:08:57.660 Senator Francis Kiko Pangilinan: monopoly. asr-000775 01:08:57.660 --> 01:08:59.380 Senator Francis Kiko Pangilinan: They weren't sharing asr-000776 01:08:59.380 --> 01:09:01.740 Senator Francis Kiko Pangilinan: information when I stepped in. asr-000777 01:09:02.680 --> 01:09:03.500 Senator Francis Kiko Pangilinan: So much so that asr-000778 01:09:03.500 --> 01:09:06.000 Senator Francis Kiko Pangilinan: when the BOC asr-000779 01:09:06.000 --> 01:09:07.680 Senator Francis Kiko Pangilinan: seizes asr-000780 01:09:07.680 --> 01:09:09.720 Senator Francis Kiko Pangilinan: what asr-000781 01:09:09.720 --> 01:09:11.780 Senator Francis Kiko Pangilinan: was reported to be asr-000782 01:09:11.780 --> 01:09:12.340 Senator Francis Kiko Pangilinan: illegally asr-000783 01:09:12.340 --> 01:09:14.800 Senator Francis Kiko Pangilinan: smuggled rice, asr-000784 01:09:15.840 --> 01:09:17.720 Senator Francis Kiko Pangilinan: ang kwento nun is asr-000785 01:09:17.720 --> 01:09:19.320 Senator Francis Kiko Pangilinan: biglang lalabas yung asr-000786 01:09:19.320 --> 01:09:21.560 Senator Francis Kiko Pangilinan: NFA with a document asr-000787 01:09:21.560 --> 01:09:23.520 Senator Francis Kiko Pangilinan: saying they have a permit. asr-000788 01:09:25.220 --> 01:09:26.980 Senator Francis Kiko Pangilinan: In other words, asr-000789 01:09:27.880 --> 01:09:31.280 Senator Francis Kiko Pangilinan: they were siloing. asr-000790 01:09:31.280 --> 01:09:33.680 Senator Francis Kiko Pangilinan: So what we just, asr-000791 01:09:33.760 --> 01:09:34.260 Senator Francis Kiko Pangilinan: a simple asr-000792 01:09:34.260 --> 01:09:36.700 Senator Francis Kiko Pangilinan: setup was, asr-000793 01:09:37.200 --> 01:09:39.400 Senator Francis Kiko Pangilinan: I told then the late Bertlina asr-000794 01:09:39.400 --> 01:09:41.160 Senator Francis Kiko Pangilinan: and the administrator asr-000795 01:09:41.160 --> 01:09:42.080 Senator Francis Kiko Pangilinan: of NFA asr-000796 01:09:42.080 --> 01:09:44.480 Senator Francis Kiko Pangilinan: that we have one asr-000797 01:09:44.480 --> 01:09:46.320 Senator Francis Kiko Pangilinan: document. asr-000798 01:09:46.760 --> 01:09:47.620 Senator Francis Kiko Pangilinan: Same document. asr-000799 01:09:48.260 --> 01:09:49.920 Senator Francis Kiko Pangilinan: We shared the same document because asr-000800 01:09:49.920 --> 01:09:52.000 Senator Francis Kiko Pangilinan: then it was the asr-000801 01:09:52.000 --> 01:09:54.500 Senator Francis Kiko Pangilinan: NFA that would approve the permits. asr-000802 01:09:55.220 --> 01:09:56.220 Senator Francis Kiko Pangilinan: And then, asr-000803 01:09:56.600 --> 01:09:59.440 Senator Francis Kiko Pangilinan: and therefore they had copies of the asr-000804 01:09:59.440 --> 01:10:00.940 Senator Francis Kiko Pangilinan: what was legally asr-000805 01:10:00.940 --> 01:10:02.460 Senator Francis Kiko Pangilinan: imported rice. asr-000806 01:10:03.460 --> 01:10:04.940 Senator Francis Kiko Pangilinan: So we said, asr-000807 01:10:05.260 --> 01:10:06.600 Senator Francis Kiko Pangilinan: we shared it with the BOC. asr-000808 01:10:08.540 --> 01:10:09.820 Senator Francis Kiko Pangilinan: And lo and behold, asr-000809 01:10:10.380 --> 01:10:11.880 Senator Francis Kiko Pangilinan: you know, we were confiscating asr-000810 01:10:11.880 --> 01:10:14.160 Senator Francis Kiko Pangilinan: 400 million, 500 million asr-000811 01:10:14.160 --> 01:10:15.760 Senator Francis Kiko Pangilinan: worth of illegally asr-000812 01:10:15.760 --> 01:10:18.080 Senator Francis Kiko Pangilinan: imported rice because we had one document. asr-000813 01:10:18.540 --> 01:10:20.040 Senator Francis Kiko Pangilinan: And that's the whole principle of the asr-000814 01:10:20.040 --> 01:10:20.740 Senator Francis Kiko Pangilinan: single window. asr-000815 01:10:22.100 --> 01:10:23.920 Senator Francis Kiko Pangilinan: And that's how you address smuggling. asr-000816 01:10:23.920 --> 01:10:24.720 Senator Francis Kiko Pangilinan: So anyway, asr-000817 01:10:25.220 --> 01:10:27.120 Senator Francis Kiko Pangilinan: how much is the estimated asr-000818 01:10:27.120 --> 01:10:29.720 Senator Francis Kiko Pangilinan: losses in terms of asr-000819 01:10:29.720 --> 01:10:31.280 Senator Francis Kiko Pangilinan: tariffs, in terms of asr-000820 01:10:31.280 --> 01:10:33.680 Senator Francis Kiko Pangilinan: duties asr-000821 01:10:33.680 --> 01:10:35.540 Senator Francis Kiko Pangilinan: to smuggling? asr-000822 01:10:36.300 --> 01:10:37.780 Senator Francis Kiko Pangilinan: And what is the asr-000823 01:10:37.780 --> 01:10:38.760 Senator Francis Kiko Pangilinan: status of the single asr-000824 01:10:38.760 --> 01:10:41.820 Senator Francis Kiko Pangilinan: window project? asr-000825 01:10:42.360 --> 01:10:43.540 DOF Secretary Frederick D. Go: Yes, Mr. Vice Chair. asr-000826 01:10:44.160 --> 01:10:45.040 DOF Secretary Frederick D. Go: Thank you. asr-000827 01:10:45.480 --> 01:10:49.860 DOF Secretary Frederick D. Go: I will ask the Commissioner of Customs asr-000828 01:10:49.860 --> 01:10:51.320 DOF Secretary Frederick D. Go: to answer your first question. asr-000829 01:10:51.320 --> 01:10:53.460 DOF Secretary Frederick D. Go: And then I will ask the Undersecretary asr-000830 01:10:53.460 --> 01:10:54.700 DOF Secretary Frederick D. Go: for Revenue Operations, asr-000831 01:10:55.220 --> 01:10:57.000 DOF Secretary Frederick D. Go: to answer your second question. asr-000832 01:10:57.200 --> 01:10:59.220 DOF Secretary Frederick D. Go: But before I pass the asr-000833 01:10:59.220 --> 01:11:00.460 DOF Secretary Frederick D. Go: microphone to them, asr-000834 01:11:01.000 --> 01:11:02.580 DOF Secretary Frederick D. Go: I'd just like to say that I asr-000835 01:11:02.580 --> 01:11:04.260 DOF Secretary Frederick D. Go: totally agree with you asr-000836 01:11:04.260 --> 01:11:06.820 DOF Secretary Frederick D. Go: on the National Single Window asr-000837 01:11:06.820 --> 01:11:09.060 DOF Secretary Frederick D. Go: platform. As a matter of fact, asr-000838 01:11:09.120 --> 01:11:10.780 DOF Secretary Frederick D. Go: I have been following that up asr-000839 01:11:10.780 --> 01:11:13.680 DOF Secretary Frederick D. Go: periodically asr-000840 01:11:13.680 --> 01:11:15.620 DOF Secretary Frederick D. Go: with consistency asr-000841 01:11:15.620 --> 01:11:17.020 DOF Secretary Frederick D. Go: because I really believe that asr-000842 01:11:17.020 --> 01:11:19.040 DOF Secretary Frederick D. Go: that National Single Window will be the key asr-000843 01:11:19.040 --> 01:11:21.580 DOF Secretary Frederick D. Go: to credible information. asr-000844 01:11:23.880 --> 01:11:24.520 DOF Secretary Frederick D. Go: And asr-000845 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 asr-000846 01:11:32.580 --> 01:11:37.360 DOF Secretary Frederick D. Go: better managed countries manage the information of importation. asr-000847 01:11:38.460 --> 01:11:40.420 DOF Secretary Frederick D. Go: It won't make sense to those who are asr-000848 01:11:41.500 --> 01:11:48.460 DOF Secretary Frederick D. Go: smuggling and benefiting from the illegal entry of goods or asr-000849 01:11:50.660 --> 01:11:51.680 DOF Secretary Frederick D. Go: smuggle goods. asr-000850 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, asr-000851 01:11:54.320 --> 01:11:55.540 DOF Secretary Frederick D. Go: Because for as long as those asr-000852 01:11:55.540 --> 01:11:56.720 DOF Secretary Frederick D. Go: who don't want it to work asr-000853 01:11:56.720 --> 01:11:58.360 DOF Secretary Frederick D. Go: consider it, asr-000854 01:11:59.520 --> 01:12:01.540 DOF Secretary Frederick D. Go: there might be efforts to... asr-000855 01:12:04.440 --> 01:12:07.440 Senator Francis Kiko Pangilinan: So, yes. asr-000856 01:12:07.720 --> 01:12:09.880 Senator Francis Kiko Pangilinan: But thank you for putting that on record asr-000857 01:12:09.880 --> 01:12:11.100 Senator Francis Kiko Pangilinan: that it makes sense, asr-000858 01:12:11.900 --> 01:12:13.640 Senator Francis Kiko Pangilinan: especially for us in government, asr-000859 01:12:14.080 --> 01:12:17.920 Senator Francis Kiko Pangilinan: to ensure better revenue asr-000860 01:12:17.920 --> 01:12:20.520 Senator Francis Kiko Pangilinan: through duties and customs duties asr-000861 01:12:20.520 --> 01:12:24.300 Senator Francis Kiko Pangilinan: and other, you know. asr-000862 01:12:25.440 --> 01:12:26.380 Senator Francis Kiko Pangilinan: Yeah, go ahead, please. asr-000863 01:12:27.600 --> 01:12:29.240 BOC Commissioner Ariel F. Nepomuceno: Thank you, Mr. Chair, asr-000864 01:12:29.320 --> 01:12:30.700 BOC Commissioner Ariel F. Nepomuceno: and Senator Kiko. asr-000865 01:12:31.000 --> 01:12:32.540 Senator Francis Kiko Pangilinan: Before that, thank you for filing asr-000866 01:12:32.540 --> 01:12:34.040 Senator Francis Kiko Pangilinan: the cases against Berches. asr-000867 01:12:34.700 --> 01:12:36.600 Senator Francis Kiko Pangilinan: But my follow-up question later is asr-000868 01:12:36.600 --> 01:12:39.740 Senator Francis Kiko Pangilinan: what about ECPB and the other... asr-000869 01:12:39.740 --> 01:12:40.140 BOC Commissioner Ariel F. Nepomuceno: Yes, sir. asr-000870 01:12:41.380 --> 01:12:42.300 Senator Francis Kiko Pangilinan: ...those involved? asr-000871 01:12:42.600 --> 01:12:44.400 Senator Francis Kiko Pangilinan: Similarly, the evidence was all there. asr-000872 01:12:44.460 --> 01:12:45.280 Senator Francis Kiko Pangilinan: But go ahead, please. asr-000873 01:12:45.900 --> 01:12:47.300 BOC Commissioner Ariel F. Nepomuceno: I'll answer the first question asr-000874 01:12:47.300 --> 01:12:48.240 BOC Commissioner Ariel F. Nepomuceno: regarding the estimates. asr-000875 01:12:48.240 --> 01:12:50.460 BOC Commissioner Ariel F. Nepomuceno: And if I can, Mr. Senator, asr-000876 01:12:50.640 --> 01:12:51.320 BOC Commissioner Ariel F. Nepomuceno: pitch in a bit asr-000877 01:12:51.320 --> 01:12:53.280 BOC Commissioner Ariel F. Nepomuceno: with regard to the second question asr-000878 01:12:53.280 --> 01:12:54.740 BOC Commissioner Ariel F. Nepomuceno: on the NSW asr-000879 01:12:54.740 --> 01:12:56.360 BOC Commissioner Ariel F. Nepomuceno: so we can put context asr-000880 01:12:56.360 --> 01:12:57.820 BOC Commissioner Ariel F. Nepomuceno: on what's going on right now asr-000881 01:12:57.820 --> 01:12:58.520 BOC Commissioner Ariel F. Nepomuceno: with this project asr-000882 01:12:58.520 --> 01:13:00.300 BOC Commissioner Ariel F. Nepomuceno: insofar as BOC is concerned. asr-000883 01:13:01.120 --> 01:13:04.320 BOC Commissioner Ariel F. Nepomuceno: Your Honor, with regard to the estimates, asr-000884 01:13:05.220 --> 01:13:09.460 BOC Commissioner Ariel F. Nepomuceno: there are various briefings that I had. asr-000885 01:13:10.060 --> 01:13:11.920 BOC Commissioner Ariel F. Nepomuceno: The most conservative with regard to this asr-000886 01:13:11.920 --> 01:13:13.960 BOC Commissioner Ariel F. Nepomuceno: is that we're losing a minimum asr-000887 01:13:13.960 --> 01:13:15.840 BOC Commissioner Ariel F. Nepomuceno: of 30 billion pesos minimum. asr-000888 01:13:16.900 --> 01:13:18.060 BOC Commissioner Ariel F. Nepomuceno: When I asked, asr-000889 01:13:19.180 --> 01:13:20.380 BOC Commissioner Ariel F. Nepomuceno: why is this? asr-000890 01:13:20.520 --> 01:13:22.280 BOC Commissioner Ariel F. Nepomuceno: Different from the 100 billion plus asr-000891 01:13:22.280 --> 01:13:23.640 BOC Commissioner Ariel F. Nepomuceno: that I heard over the news, asr-000892 01:13:24.200 --> 01:13:25.540 BOC Commissioner Ariel F. Nepomuceno: the explanations, of course, asr-000893 01:13:25.680 --> 01:13:28.780 BOC Commissioner Ariel F. Nepomuceno: were the discrepancies might be attributed asr-000894 01:13:28.780 --> 01:13:30.440 BOC Commissioner Ariel F. Nepomuceno: to the existence of, asr-000895 01:13:31.020 --> 01:13:32.660 BOC Commissioner Ariel F. Nepomuceno: for example, the economic zones asr-000896 01:13:32.660 --> 01:13:36.080 BOC Commissioner Ariel F. Nepomuceno: wherein the data coming from asr-000897 01:13:36.080 --> 01:13:38.980 BOC Commissioner Ariel F. Nepomuceno: other international agencies asr-000898 01:13:38.980 --> 01:13:43.520 BOC Commissioner Ariel F. Nepomuceno: did not account for the imports asr-000899 01:13:43.520 --> 01:13:46.500 BOC Commissioner Ariel F. Nepomuceno: that would go directly to the export zones, asr-000900 01:13:46.500 --> 01:13:50.500 BOC Commissioner Ariel F. Nepomuceno: which are supposed to be not intended to... asr-000901 01:13:50.520 --> 01:13:51.980 BOC Commissioner Ariel F. Nepomuceno: The raw materials being used asr-000902 01:13:51.980 --> 01:13:54.040 BOC Commissioner Ariel F. Nepomuceno: are not intended to be sold locally. asr-000903 01:13:54.420 --> 01:13:55.880 BOC Commissioner Ariel F. Nepomuceno: So may describe pan silang po doon. asr-000904 01:13:55.940 --> 01:13:56.420 BOC Commissioner Ariel F. Nepomuceno: But still, asr-000905 01:13:57.060 --> 01:13:59.100 BOC Commissioner Ariel F. Nepomuceno: even with the estimate of 30 billion, asr-000906 01:13:59.200 --> 01:14:00.360 BOC Commissioner Ariel F. Nepomuceno: 30 billion is still huge, asr-000907 01:14:00.860 --> 01:14:02.240 BOC Commissioner Ariel F. Nepomuceno: even if it's the most conservative asr-000908 01:14:02.240 --> 01:14:04.840 BOC Commissioner Ariel F. Nepomuceno: available information. asr-000909 01:14:05.560 --> 01:14:08.520 BOC Commissioner Ariel F. Nepomuceno: But with regard to the second question... asr-000910 01:14:09.600 --> 01:14:11.080 Senator Francis Kiko Pangilinan: Just to clarify, Commissioner, asr-000911 01:14:11.380 --> 01:14:12.380 Senator Francis Kiko Pangilinan: how many... asr-000912 01:14:12.380 --> 01:14:13.200 Senator Francis Kiko Pangilinan: What is your estimate asr-000913 01:14:13.200 --> 01:14:15.560 Senator Francis Kiko Pangilinan: of the number of containers asr-000914 01:14:15.560 --> 01:14:17.960 Senator Francis Kiko Pangilinan: that enter the country on a daily basis? asr-000915 01:14:17.960 --> 01:14:19.900 Senator Francis Kiko Pangilinan: About 5,000? 6,000? asr-000916 01:14:20.520 --> 01:14:23.300 BOC Commissioner Ariel F. Nepomuceno: 2 million a year, asr-000917 01:14:23.440 --> 01:14:24.840 BOC Commissioner Ariel F. Nepomuceno: so divided by 360. asr-000918 01:14:25.560 --> 01:14:27.000 BOC Commissioner Ariel F. Nepomuceno: That's 80,000, right? asr-000919 01:14:27.420 --> 01:14:28.740 BOC Commissioner Ariel F. Nepomuceno: Roughly 80,000. asr-000920 01:14:29.000 --> 01:14:31.700 BOC Commissioner Ariel F. Nepomuceno: We call it, Mr. Senator, TEUs. asr-000921 01:14:31.960 --> 01:14:33.200 BOC Commissioner Ariel F. Nepomuceno: TEUs would represent asr-000922 01:14:33.200 --> 01:14:35.500 BOC Commissioner Ariel F. Nepomuceno: yung debente or 20-footer container. asr-000923 01:14:35.760 --> 01:14:36.100 Senator Francis Kiko Pangilinan: Yes. asr-000924 01:14:36.800 --> 01:14:39.020 Senator Francis Kiko Pangilinan: So if that's 2 million a year, asr-000925 01:14:39.900 --> 01:14:42.860 Senator Francis Kiko Pangilinan: a day. asr-000926 01:14:43.400 --> 01:14:45.720 Senator Francis Kiko Pangilinan: About 5,500 a day. asr-000927 01:14:45.960 --> 01:14:46.320 BOC Commissioner Ariel F. Nepomuceno: A day. asr-000928 01:14:46.320 --> 01:14:49.720 Senator Francis Kiko Pangilinan: And clearly, asr-000929 01:14:50.520 --> 01:14:53.260 Senator Francis Kiko Pangilinan: if you don't have that single window, asr-000930 01:14:53.980 --> 01:14:55.140 Senator Francis Kiko Pangilinan: national single window, asr-000931 01:14:55.240 --> 01:14:56.500 Senator Francis Kiko Pangilinan: then we cannot really monitor asr-000932 01:14:56.500 --> 01:14:59.860 Senator Francis Kiko Pangilinan: the 5,500 as effectively. asr-000933 01:14:59.860 --> 01:15:00.000 Senator Francis Kiko Pangilinan: Thank you. asr-000934 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. asr-000935 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. asr-000936 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. asr-000937 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. asr-000938 01:15:43.820 --> 01:15:47.960 BOC Commissioner Ariel F. Nepomuceno: Insofar as getting the accurate values from these importations. asr-000939 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. asr-000940 01:16:10.580 --> 01:16:13.120 BOC Commissioner Ariel F. Nepomuceno: Paliwanag ko lang po ng konti briefly. asr-000941 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. asr-000942 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. asr-000943 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. asr-000944 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. asr-000945 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. asr-000946 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. asr-000947 01:17:04.260 --> 01:17:06.820 BOC Commissioner Ariel F. Nepomuceno: Ganito po yan. So lahat ng merong... asr-000948 01:17:07.340 --> 01:17:08.160 BOC Commissioner Ariel F. Nepomuceno: Yes, sir. asr-000949 01:17:09.160 --> 01:17:09.580 BOC Commissioner Ariel F. Nepomuceno: Yes, sir. asr-000950 01:17:09.580 --> 01:17:13.580 BOC Commissioner Ariel F. Nepomuceno: But we have to prioritize and we should not be... asr-000951 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. asr-000952 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, asr-000953 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. asr-000954 01:17:40.260 --> 01:17:43.300 BOC Commissioner Ariel F. Nepomuceno: So the data will be automatic real time. asr-000955 01:17:43.820 --> 01:17:44.840 BOC Commissioner Ariel F. Nepomuceno: From the... asr-000956 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. asr-000957 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. asr-000958 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. asr-000959 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. asr-000960 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. asr-000961 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? asr-000962 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. asr-000963 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. asr-000964 01:19:41.900 --> 01:19:44.580 BOC Commissioner Ariel F. Nepomuceno: ports to be included in the program. asr-000965 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? asr-000966 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. asr-000967 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. asr-000968 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. asr-000969 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. asr-000970 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. asr-000971 01:20:41.900 --> 01:20:50.040 DOF Undersecretary Rolando T. Ligon Jr.: Philippine Coconut Authority, Bureau of Quarantine, Fertilizer and Pesticide Authority. asr-000972 01:20:50.980 --> 01:20:55.860 DOF Undersecretary Rolando T. Ligon Jr.: Yun po yung mga kasunod na isasama sa onboarding. asr-000973 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. asr-000974 01:21:07.040 --> 01:21:10.520 DOF Undersecretary Rolando T. Ligon Jr.: Kompleto na lahat yung iba-ibang agencies na kasama. asr-000975 01:21:10.540 --> 01:21:11.500 Senator Francis Kiko Pangilinan: One and a half years. asr-000976 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? asr-000977 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. asr-000978 01:21:26.240 --> 01:21:30.140 Senator Francis Kiko Pangilinan: And what are the onboard agencies? asr-000979 01:21:30.500 --> 01:21:31.420 DOF Undersecretary Rolando T. Ligon Jr.: Yung right now po. asr-000980 01:21:31.420 --> 01:21:34.020 Senator Francis Kiko Pangilinan: You said 40 or 60? What did you say? asr-000981 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. asr-000982 01:21:39.300 --> 01:21:40.980 Senator Francis Kiko Pangilinan: In one year and a half? asr-000983 01:21:41.140 --> 01:21:41.880 DOF Undersecretary Rolando T. Ligon Jr.: In one year and a half. asr-000984 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. asr-000985 01:22:06.780 --> 01:22:07.500 DOF Undersecretary Rolando T. Ligon Jr.: Then... asr-000986 01:22:07.500 --> 01:22:10.900 DOF Undersecretary Rolando T. Ligon Jr.: Pero this year po, ang target natin is meron pang... asr-000987 01:22:11.900 --> 01:22:15.000 DOF Undersecretary Rolando T. Ligon Jr.: 22 agencies to be onboarded within the year po. asr-000988 01:22:16.720 --> 01:22:17.200 DOF Undersecretary Rolando T. Ligon Jr.: So... asr-000989 01:22:17.200 --> 01:22:19.840 DOF Undersecretary Rolando T. Ligon Jr.: Until the end of the year po. asr-000990 01:22:20.760 --> 01:22:21.720 Senator Francis Kiko Pangilinan: 22 more. Okay. asr-000991 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. asr-000992 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, asr-000993 01:22:39.020 --> 01:22:41.460 Senator Francis Kiko Pangilinan: we are able to monitor the... asr-000994 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. asr-000995 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. asr-000996 01:23:00.920 --> 01:23:07.000 Senator Francis Kiko Pangilinan: We funded that, Mr. Chairman, in the last budget. asr-000997 01:23:08.620 --> 01:23:10.920 Senator Francis Kiko Pangilinan: Walang budget, niligyan natin ng... asr-000998 01:23:10.920 --> 01:23:13.740 Senator Francis Kiko Pangilinan: 1 billion. So, we hope that can be put together. asr-000999 01:23:13.860 --> 01:23:19.440 Senator Francis Kiko Pangilinan: Because, as I was saying then, national single window, Bureau of Customs, asr-001000 01:23:20.320 --> 01:23:21.620 Senator Francis Kiko Pangilinan: the... asr-001001 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. asr-001002 01:23:32.940 --> 01:23:38.140 Senator Francis Kiko Pangilinan: Pretty much brought the local livestock industry to its knees. asr-001003 01:23:38.660 --> 01:23:40.720 Senator Francis Kiko Pangilinan: Simply because, A, we were... asr-001004 01:23:40.920 --> 01:23:46.520 Senator Francis Kiko Pangilinan: unable to monitor the entry of contaminated meat. asr-001005 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. asr-001006 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? asr-001007 01:24:05.380 --> 01:24:10.260 Senator Francis Kiko Pangilinan: Pero, ang lumalabas, yung rendering agency... asr-001008 01:24:10.920 --> 01:24:17.840 Senator Francis Kiko Pangilinan: Ay, imbis na sunugin o i-render, sirain, ay binenta. asr-001009 01:24:18.860 --> 01:24:19.420 Senator Francis Kiko Pangilinan: Tama? asr-001010 01:24:20.180 --> 01:24:22.280 Senator Francis Kiko Pangilinan: Could you give us an update? asr-001011 01:24:24.340 --> 01:24:27.380 BOC Commissioner Ariel F. Nepomuceno: Actually, you're correct, Your Honor. asr-001012 01:24:27.380 --> 01:24:33.400 BOC Commissioner Ariel F. Nepomuceno: These are apprehended, smuggled chicken meat from Subic. asr-001013 01:24:33.880 --> 01:24:35.380 BOC Commissioner Ariel F. Nepomuceno: Then, they were supposed to be already... asr-001014 01:24:37.800 --> 01:24:40.380 BOC Commissioner Ariel F. Nepomuceno: sa condemnation facilities. asr-001015 01:24:40.920 --> 01:24:42.060 BOC Commissioner Ariel F. Nepomuceno: Somewhere in Bulacan. asr-001016 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... asr-001017 01:24:49.540 --> 01:24:52.040 BOC Commissioner Ariel F. Nepomuceno: Those that will be condemned will be sold. asr-001018 01:24:52.780 --> 01:24:55.740 BOC Commissioner Ariel F. Nepomuceno: But we have already ordered the full investigation. asr-001019 01:24:55.740 --> 01:24:58.660 BOC Commissioner Ariel F. Nepomuceno: In fact, we have already... asr-001020 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, asr-001021 01:25:04.380 --> 01:25:07.440 BOC Commissioner Ariel F. Nepomuceno: including the condemnation facility owner. asr-001022 01:25:08.060 --> 01:25:09.560 Senator Francis Kiko Pangilinan: That's about 7 million, no? asr-001023 01:25:10.920 --> 01:25:15.460 Senator Francis Kiko Pangilinan: 7 million pesos worth of smuggled, frozen chicken. asr-001024 01:25:16.100 --> 01:25:16.500 BOC Commissioner Ariel F. Nepomuceno: Yes, sir. asr-001025 01:25:17.140 --> 01:25:20.220 Senator Francis Kiko Pangilinan: Which they were now intending to sell at what? asr-001026 01:25:20.320 --> 01:25:21.840 Senator Francis Kiko Pangilinan: 120 pesos a kilo? asr-001027 01:25:22.580 --> 01:25:23.780 Senator Francis Kiko Pangilinan: In the wet market? asr-001028 01:25:24.420 --> 01:25:24.700 BOC Commissioner Ariel F. Nepomuceno: Yes, sir. asr-001029 01:25:24.760 --> 01:25:27.860 BOC Commissioner Ariel F. Nepomuceno: Actually, naka-apprehend po is the National Bureau of Investigation. asr-001030 01:25:28.240 --> 01:25:29.700 Senator Francis Kiko Pangilinan: Oh, the NBI. That's right. asr-001031 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, asr-001032 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. asr-001033 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, asr-001034 01:25:45.520 --> 01:25:48.140 Senator Francis Kiko Pangilinan: I hope that you already have that memorandum of agreement asr-001035 01:25:48.140 --> 01:25:51.200 Senator Francis Kiko Pangilinan: between BOC and DA on the rendering. asr-001036 01:25:51.420 --> 01:25:54.520 Senator Francis Kiko Pangilinan: Because we have found out a similar incident. asr-001037 01:25:56.680 --> 01:25:57.540 Senator Francis Kiko Pangilinan: The smuggled... asr-001038 01:25:57.540 --> 01:26:00.000 Senator Francis Kiko Pangilinan: This one is, ano na, BOC. asr-001039 01:26:00.120 --> 01:26:06.680 Senator Francis Kiko Pangilinan: The smuggled meat from Imus was brought to a rendering site, asr-001040 01:26:07.540 --> 01:26:09.100 Senator Francis Kiko Pangilinan: condemnation process. asr-001041 01:26:09.100 --> 01:26:10.100 Senator Francis Kiko Pangilinan: Dinala pa ng... asr-001042 01:26:10.920 --> 01:26:13.720 Senator Francis Kiko Pangilinan: ng Coast Guard. asr-001043 01:26:14.100 --> 01:26:15.260 Senator Francis Kiko Pangilinan: Binantayan ng Coast Guard. asr-001044 01:26:15.380 --> 01:26:21.220 Senator Francis Kiko Pangilinan: Hindi nila iniwanan mula doon sa Cavite, sa Imus ba? asr-001045 01:26:21.320 --> 01:26:22.540 Senator Francis Kiko Pangilinan: O Baco or Imus? asr-001046 01:26:23.260 --> 01:26:24.660 Senator Francis Kiko Pangilinan: Papunta doon sa... asr-001047 01:26:24.660 --> 01:26:25.280 Senator Francis Kiko Pangilinan: Saan ba yun? asr-001048 01:26:26.400 --> 01:26:27.080 Senator Francis Kiko Pangilinan: Paulacan? asr-001049 01:26:28.420 --> 01:26:30.060 Senator Francis Kiko Pangilinan: Tapos pag-alis nung Coast Guard, asr-001050 01:26:32.420 --> 01:26:32.860 Senator Francis Kiko Pangilinan: ni-render. asr-001051 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, asr-001052 01:26:40.920 --> 01:26:45.760 Senator Francis Kiko Pangilinan: para gawing pakain sa tilapya. asr-001053 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, asr-001054 01:26:54.280 --> 01:27:01.780 Senator Francis Kiko Pangilinan: binenta sa mga fish pond operator para gawing pakain sa tilapya. asr-001055 01:27:02.840 --> 01:27:05.920 Senator Francis Kiko Pangilinan: At pagkakinain natin yung tilapya... asr-001056 01:27:05.920 --> 01:27:08.920 Senator Francis Kiko Pangilinan: So... asr-001057 01:27:08.920 --> 01:27:10.760 Senator Francis Kiko Pangilinan: It makes me... asr-001058 01:27:10.760 --> 01:27:14.840 Senator Francis Kiko Pangilinan: I wonder, the amount that you said, ng NBI, was 7 million. asr-001059 01:27:15.840 --> 01:27:20.240 Senator Francis Kiko Pangilinan: I wonder how much, if any, pinalusot. asr-001060 01:27:21.200 --> 01:27:21.720 Senator Francis Kiko Pangilinan: Hindi ko alam. asr-001061 01:27:22.760 --> 01:27:28.040 Senator Francis Kiko Pangilinan: But again, with the single window, national single window project, asr-001062 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. asr-001063 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. asr-001064 01:27:38.200 --> 01:27:39.100 Senator Francis Kiko Pangilinan: So that... asr-001065 01:27:39.840 --> 01:27:40.600 Senator Francis Kiko Pangilinan: That was... asr-001066 01:27:40.760 --> 01:27:42.080 Senator Francis Kiko Pangilinan: It was confiscated by the BOC, eh. asr-001067 01:27:42.700 --> 01:27:43.720 Senator Francis Kiko Pangilinan: Yung sa IMUS, eh. asr-001068 01:27:44.200 --> 01:27:48.800 Senator Francis Kiko Pangilinan: So dapat, pagkadating doon sa condemnation, nandun ng BOC, nandun ng DA, asr-001069 01:27:49.040 --> 01:27:53.840 Senator Francis Kiko Pangilinan: at nagkakaisa na nag-uusap na tama dapat na ma... asr-001070 01:27:53.840 --> 01:27:54.680 Senator Francis Kiko Pangilinan: Go ahead. asr-001071 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, asr-001072 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. asr-001073 01:28:05.540 --> 01:28:08.060 BOC Commissioner Ariel F. Nepomuceno: Ganito po yung sistema po na minana po namin. asr-001074 01:28:08.060 --> 01:28:10.440 Senator Francis Kiko Pangilinan: How much do you need to get the facility? asr-001075 01:28:10.760 --> 01:28:11.240 BOC Commissioner Ariel F. Nepomuceno: Opo. asr-001076 01:28:12.480 --> 01:28:15.180 BOC Commissioner Ariel F. Nepomuceno: Facility sent, ano po, MOE, additional MOE. asr-001077 01:28:15.260 --> 01:28:15.600 BOC Commissioner Ariel F. Nepomuceno: Ganito po. asr-001078 01:28:16.020 --> 01:28:19.440 BOC Commissioner Ariel F. Nepomuceno: Ang dinatan po nating sistema among so many other problems. asr-001079 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. asr-001080 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. asr-001081 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? asr-001082 01:28:39.840 --> 01:28:42.900 BOC Commissioner Ariel F. Nepomuceno: So we can speculate, di po ba? asr-001083 01:28:43.360 --> 01:28:44.720 BOC Commissioner Ariel F. Nepomuceno: Kasi hindi naman po sila babayaran. asr-001084 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 asr-001085 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. asr-001086 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 asr-001087 01:28:58.180 --> 01:29:03.080 BOC Commissioner Ariel F. Nepomuceno: to support us with at least with the immediate additional MOE asr-001088 01:29:03.080 --> 01:29:07.100 BOC Commissioner Ariel F. Nepomuceno: for us to be able to finance our own rendering asr-001089 01:29:07.100 --> 01:29:09.660 BOC Commissioner Ariel F. Nepomuceno: so that we will not be dependent on the condemnation. asr-001093 01:29:09.820 --> 01:29:12.740 BOC Commissioner Ariel F. Nepomuceno: And we don't know what release on their minds asr-001094 01:29:12.740 --> 01:29:16.160 BOC Commissioner Ariel F. Nepomuceno: why they are interested to do the rendering job. asr-001095 01:29:16.700 --> 01:29:17.100 BOC Commissioner Ariel F. Nepomuceno: Isa po yan. asr-001096 01:29:17.160 --> 01:29:20.000 BOC Commissioner Ariel F. Nepomuceno: With the facility, meron din po kaming nakalista. asr-001097 01:29:20.200 --> 01:29:22.640 BOC Commissioner Ariel F. Nepomuceno: But of course, we know that this will take time. asr-001098 01:29:23.200 --> 01:29:27.540 BOC Commissioner Ariel F. Nepomuceno: If at all, 2027 pa natin gagawin to 2028. asr-001099 01:29:27.640 --> 01:29:29.900 BOC Commissioner Ariel F. Nepomuceno: But we need support po doon sa MOE. asr-001100 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. asr-001101 01:29:39.820 --> 01:29:44.500 Senator Francis Kiko Pangilinan: Yes, go ahead, sir. asr-001101-split-2 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 asr-001102 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. asr-001103 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. asr-001104 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 asr-001105 01:30:17.220 --> 01:30:21.720 DOF Secretary Frederick D. Go: of necessary budget that they need for their operations. asr-001106 01:30:21.720 --> 01:30:24.040 DOF Secretary Frederick D. Go: That was also cut down. asr-001107 01:30:24.120 --> 01:30:26.400 DOF Secretary Frederick D. Go: Actually, the amount cut down obviously was much larger. asr-001108 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. asr-001109 01:30:31.320 --> 01:30:33.720 DOF Secretary Frederick D. Go: And the BOC has a wish list of about P10 billion. asr-001110 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. asr-001111 01:30:39.640 --> 01:30:42.120 Senator Francis Kiko Pangilinan: Sige, you can count on our support in that regard. asr-001112 01:30:42.800 --> 01:30:44.880 Senator Francis Kiko Pangilinan: And how much would that be? asr-001113 01:30:45.100 --> 01:30:50.160 Senator Francis Kiko Pangilinan: If you added the P10 billion, so what collection would that be? asr-001114 01:30:50.300 --> 01:30:52.320 Senator Francis Kiko Pangilinan: Two days and six hours? asr-001115 01:30:52.320 --> 01:30:52.760 Senator Francis Kiko Pangilinan: Ano yun? asr-001116 01:30:54.840 --> 01:30:56.320 Senator Francis Kiko Pangilinan: Kasi sabi nyo, two days. asr-001117 01:30:56.400 --> 01:30:59.360 DOF Secretary Frederick D. Go: Baka two days and one hour. asr-001118 01:31:00.560 --> 01:31:01.240 DOF Secretary Frederick D. Go: Joke lang. asr-001119 01:31:01.340 --> 01:31:03.040 DOF Secretary Frederick D. Go: Pero I'm not sure what it is. asr-001120 01:31:03.120 --> 01:31:06.460 DOF Secretary Frederick D. Go: But definitely, it's just a fraction of our collection. asr-001121 01:31:06.620 --> 01:31:06.980 DOF Secretary Frederick D. Go: Thank you. asr-001122 01:31:06.980 --> 01:31:11.980 Senator Francis Kiko Pangilinan: With the permission of our chairperson, if I may also just... asr-001123 01:31:12.780 --> 01:31:16.440 Senator Francis Kiko Pangilinan: Unless my time is up and I'll have a second round. asr-001124 01:31:16.480 --> 01:31:16.960 Senator Joseph Victor "JV" G. Ejercito: Please proceed. asr-001125 01:31:17.320 --> 01:31:17.620 Senator Francis Kiko Pangilinan: Okay. asr-001126 01:31:18.080 --> 01:31:22.740 Senator Francis Kiko Pangilinan: This question now is for AgriFinance Lending. asr-001127 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. asr-001128 01:31:34.740 --> 01:31:38.740 Senator Francis Kiko Pangilinan: I understand you have about 90% of your clients are farmers. asr-001129 01:31:40.660 --> 01:31:44.740 Senator Francis Kiko Pangilinan: Your accounts, rather, are agriculture farmers. asr-001130 01:31:46.160 --> 01:31:46.740 Senator Francis Kiko Pangilinan: Except that... asr-001131 01:31:50.560 --> 01:31:52.740 Senator Francis Kiko Pangilinan: Maliit yung... asr-001132 01:31:53.740 --> 01:31:54.740 Senator Francis Kiko Pangilinan: Yung... asr-001133 01:31:56.400 --> 01:31:56.680 Senator Francis Kiko Pangilinan: Pondo. asr-001134 01:31:57.880 --> 01:31:58.540 Senator Francis Kiko Pangilinan: Mas malaki. asr-001135 01:31:59.540 --> 01:32:04.100 Senator Francis Kiko Pangilinan: Mas nalalaki ang total portfolio. asr-001136 01:32:05.160 --> 01:32:09.240 Senator Francis Kiko Pangilinan: Maraming account, pero maliit ang total na inilabas. asr-001137 01:32:09.480 --> 01:32:11.020 Senator Francis Kiko Pangilinan: I don't have the data now. asr-001138 01:32:11.620 --> 01:32:15.380 Senator Francis Kiko Pangilinan: But this is for land bank and the DBP. asr-001139 01:32:16.260 --> 01:32:19.880 Senator Francis Kiko Pangilinan: We'd like to get submissions in time for plenary. asr-001140 01:32:20.740 --> 01:32:22.220 Senator Francis Kiko Pangilinan: The following... asr-001141 01:32:22.220 --> 01:32:24.100 Senator Francis Kiko Pangilinan: Sorry. asr-001142 01:32:24.100 --> 01:32:26.100 Senator Francis Kiko Pangilinan: You don't have to answer it now because... asr-001143 01:32:26.400 --> 01:32:31.900 Senator Francis Kiko Pangilinan: We'll give you time to find it. asr-001144 01:32:31.980 --> 01:32:32.380 Senator Francis Kiko Pangilinan: Apologies. asr-001145 01:32:32.720 --> 01:32:33.940 Senator Francis Kiko Pangilinan: I'm trying to look for the... asr-001146 01:32:33.940 --> 01:32:34.400 Senator Francis Kiko Pangilinan: There you go. asr-001147 01:32:35.100 --> 01:32:36.140 Senator Francis Kiko Pangilinan: So, the following. asr-001148 01:32:39.620 --> 01:32:48.620 Senator Francis Kiko Pangilinan: If you could give data regarding small farmers and fisher folk loans, asr-001149 01:32:48.940 --> 01:32:51.500 Senator Francis Kiko Pangilinan: if possible, over the last two years, asr-001150 01:32:52.960 --> 01:32:55.260 Senator Francis Kiko Pangilinan: loan amounts released directly asr-001151 01:32:55.260 --> 01:32:57.540 Senator Francis Kiko Pangilinan: and via lending partners, asr-001152 01:32:58.160 --> 01:32:59.560 Senator Francis Kiko Pangilinan: number of hectares planted asr-001153 01:32:59.560 --> 01:33:02.320 Senator Francis Kiko Pangilinan: by borrower rice farmers per region, asr-001154 01:33:02.740 --> 01:33:06.840 Senator Francis Kiko Pangilinan: number of borrower farmers and borrower fishers per region basis, asr-001155 01:33:07.960 --> 01:33:10.520 Senator Francis Kiko Pangilinan: number of repeat borrowers of farmers asr-001156 01:33:10.520 --> 01:33:14.420 Senator Francis Kiko Pangilinan: and borrower fishers on a per region basis, asr-001157 01:33:15.360 --> 01:33:19.380 Senator Francis Kiko Pangilinan: conversion of loans in terms of rice yield and fish yield, asr-001158 01:33:19.780 --> 01:33:20.600 Senator Francis Kiko Pangilinan: if you have that, asr-001159 01:33:21.340 --> 01:33:25.020 Senator Francis Kiko Pangilinan: by these small fisher folk and farmers, asr-001160 01:33:25.260 --> 01:33:33.880 Senator Francis Kiko Pangilinan: if you can provide us also a table, asr-001161 01:33:34.880 --> 01:33:38.340 Senator Francis Kiko Pangilinan: the lending process with daily timeline requirements, asr-001162 01:33:38.920 --> 01:33:43.680 Senator Francis Kiko Pangilinan: because we have complaints from small farmers and fisher folk that, asr-001163 01:33:44.580 --> 01:33:48.020 Senator Francis Kiko Pangilinan: well, it's bureaucratic, cumbersome, asr-001164 01:33:48.180 --> 01:33:50.960 Senator Francis Kiko Pangilinan: so doon na lang kami uutang sa 5-6 asr-001165 01:33:50.960 --> 01:33:52.320 Senator Francis Kiko Pangilinan: kasi mabilis. asr-001166 01:33:52.320 --> 01:33:55.180 Senator Francis Kiko Pangilinan: So, I just want to study it. asr-001167 01:33:55.260 --> 01:34:00.700 Senator Francis Kiko Pangilinan: So, from first contact to SFF. asr-001168 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 asr-001169 01:34:11.800 --> 01:34:18.640 Senator Francis Kiko Pangilinan: and how many SFF loans these lending account officers have historically approved, asr-001170 01:34:22.140 --> 01:34:25.080 Senator Francis Kiko Pangilinan: we hope we can get that data so that we can, asr-001171 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 asr-001172 01:34:33.140 --> 01:34:36.560 Senator Francis Kiko Pangilinan: when you're supposed to be a farmer's development bank. asr-001173 01:34:36.740 --> 01:34:37.300 Senator Francis Kiko Pangilinan: Where is it? asr-001174 01:34:37.760 --> 01:34:38.440 Senator Francis Kiko Pangilinan: Here you go. asr-001175 01:34:40.180 --> 01:34:50.940 Senator Francis Kiko Pangilinan: Land Bank reports 885.6 AFRD loan portfolio asr-001176 01:34:50.940 --> 01:34:55.060 Senator Francis Kiko Pangilinan: with 2,000, asr-001177 01:34:55.080 --> 01:34:58.640 Senator Francis Kiko Pangilinan: 121,254 beneficiaries asr-001178 01:34:58.640 --> 01:35:01.320 Senator Francis Kiko Pangilinan: through institutional borrowers. asr-001179 01:35:01.480 --> 01:35:01.820 Senator Francis Kiko Pangilinan: However, asr-001180 01:35:02.660 --> 01:35:07.340 Senator Francis Kiko Pangilinan: 499 billion went to 888 large corporations asr-001181 01:35:07.340 --> 01:35:10.660 Senator Francis Kiko Pangilinan: while only 1.55 billion asr-001182 01:35:10.660 --> 01:35:13.120 Senator Francis Kiko Pangilinan: or 0.175% asr-001183 01:35:13.120 --> 01:35:16.520 Senator Francis Kiko Pangilinan: was directly lent to individual farmers, fisher folk, asr-001184 01:35:16.980 --> 01:35:18.600 Senator Francis Kiko Pangilinan: and agrarian reform beneficiaries. asr-001185 01:35:18.600 --> 01:35:19.020 Senator Francis Kiko Pangilinan: So, asr-001186 01:35:19.940 --> 01:35:23.660 Senator Francis Kiko Pangilinan: we'd like to figure out how to correct that asr-001187 01:35:23.660 --> 01:35:24.820 Senator Francis Kiko Pangilinan: by way, asr-001188 01:35:25.080 --> 01:35:26.500 Senator Francis Kiko Pangilinan: we are currently actually, asr-001189 01:35:27.300 --> 01:35:30.780 Senator Francis Kiko Pangilinan: passed the third reading here in the Senate, asr-001190 01:35:31.640 --> 01:35:33.780 Senator Francis Kiko Pangilinan: the Agri-Co-Ops Bill. asr-001191 01:35:34.560 --> 01:35:38.540 Senator Francis Kiko Pangilinan: We'd like to see if we can put in some incentives, asr-001192 01:35:38.660 --> 01:35:39.060 Senator Francis Kiko Pangilinan: I don't know, asr-001193 01:35:39.220 --> 01:35:41.360 Senator Francis Kiko Pangilinan: in terms of credit asr-001194 01:35:41.360 --> 01:35:45.080 Senator Francis Kiko Pangilinan: for these in the measure. asr-001195 01:35:45.540 --> 01:35:46.020 Senator Francis Kiko Pangilinan: I don't know. asr-001196 01:35:46.080 --> 01:35:46.860 Senator Francis Kiko Pangilinan: I have to study that. asr-001197 01:35:48.680 --> 01:35:48.960 Senator Francis Kiko Pangilinan: So, asr-001198 01:35:49.960 --> 01:35:50.580 Senator Francis Kiko Pangilinan: so, asr-001199 01:35:50.660 --> 01:35:54.880 Senator Francis Kiko Pangilinan: you don't have to answer it now, asr-001200 01:35:54.960 --> 01:35:55.060 Senator Francis Kiko Pangilinan: but, asr-001201 01:35:55.080 --> 01:35:57.240 Senator Francis Kiko Pangilinan: if you can give us the information. asr-001202 01:35:58.240 --> 01:35:59.060 Senator Francis Kiko Pangilinan: For example, asr-001203 01:35:59.480 --> 01:36:03.040 Senator Francis Kiko Pangilinan: of the cooperatives financed by Land Bank, asr-001204 01:36:03.140 --> 01:36:05.440 Senator Francis Kiko Pangilinan: how many have access to government markets? asr-001205 01:36:06.220 --> 01:36:07.340 Senator Francis Kiko Pangilinan: I ask this because asr-001206 01:36:07.340 --> 01:36:09.920 Senator Francis Kiko Pangilinan: with the Sagip-Saka law, asr-001207 01:36:11.200 --> 01:36:12.020 Senator Francis Kiko Pangilinan: how much again? asr-001208 01:36:14.220 --> 01:36:16.040 Senator Francis Kiko Pangilinan: 11 billion last year? asr-001209 01:36:17.860 --> 01:36:20.060 Senator Francis Kiko Pangilinan: Yeah, as of June 2026, asr-001210 01:36:20.060 --> 01:36:21.620 Senator Francis Kiko Pangilinan: government has already bought asr-001211 01:36:21.620 --> 01:36:25.060 Senator Francis Kiko Pangilinan: 11 billion worth of agri-products. asr-001212 01:36:25.080 --> 01:36:27.840 Senator Francis Kiko Pangilinan: Directly through the Sagip-Saka law. asr-001213 01:36:28.620 --> 01:36:29.620 Senator Francis Kiko Pangilinan: Which means, asr-001214 01:36:29.760 --> 01:36:30.020 Senator Francis Kiko Pangilinan: therefore, asr-001215 01:36:30.200 --> 01:36:32.660 Senator Francis Kiko Pangilinan: that if they have the market, asr-001216 01:36:33.700 --> 01:36:38.320 Senator Francis Kiko Pangilinan: then that's one indicator of creditworthiness. asr-001217 01:36:38.780 --> 01:36:39.220 Senator Francis Kiko Pangilinan: I mean, asr-001218 01:36:39.260 --> 01:36:39.860 Senator Francis Kiko Pangilinan: among others. asr-001219 01:36:40.240 --> 01:36:41.100 Senator Francis Kiko Pangilinan: And therefore, asr-001220 01:36:41.580 --> 01:36:43.580 Senator Francis Kiko Pangilinan: if their markets are secure, asr-001221 01:36:44.260 --> 01:36:46.640 Senator Francis Kiko Pangilinan: they might be able to borrow, asr-001222 01:36:47.820 --> 01:36:49.200 Senator Francis Kiko Pangilinan: expand their operations. asr-001223 01:36:51.040 --> 01:36:51.140 Senator Francis Kiko Pangilinan: So, asr-001224 01:36:51.240 --> 01:36:51.400 Senator Francis Kiko Pangilinan: so, asr-001225 01:36:51.400 --> 01:36:52.820 Senator Francis Kiko Pangilinan: so, asr-001226 01:36:52.820 --> 01:36:55.060 Senator Francis Kiko Pangilinan: if we can get that data, asr-001227 01:36:55.080 --> 01:36:55.180 Senator Francis Kiko Pangilinan: we can get that data. asr-001228 01:36:59.180 --> 01:36:59.740 Senator Francis Kiko Pangilinan: And, asr-001229 01:37:00.100 --> 01:37:02.960 Senator Francis Kiko Pangilinan: I guess that's it, asr-001230 01:37:03.040 --> 01:37:03.860 Senator Francis Kiko Pangilinan: siguro for now. asr-001231 01:37:04.620 --> 01:37:05.840 Senator Francis Kiko Pangilinan: I will yield the floor asr-001232 01:37:05.840 --> 01:37:07.480 Senator Francis Kiko Pangilinan: until I gather my, asr-001233 01:37:08.120 --> 01:37:09.340 Senator Francis Kiko Pangilinan: the other data that I have. asr-001234 01:37:09.740 --> 01:37:10.220 Senator Francis Kiko Pangilinan: Mr. Chairman, asr-001235 01:37:10.340 --> 01:37:11.140 Senator Francis Kiko Pangilinan: thank you very much. asr-001236 01:37:12.280 --> 01:37:12.620 Senator Joseph Victor "JV" G. Ejercito: Yes, asr-001237 01:37:12.680 --> 01:37:13.900 Senator Joseph Victor "JV" G. Ejercito: Secretary Go. asr-001238 01:37:14.180 --> 01:37:14.880 DOF Secretary Frederick D. Go: Mr. Chair, asr-001239 01:37:14.920 --> 01:37:15.920 DOF Secretary Frederick D. Go: I'll just respond quickly asr-001240 01:37:15.920 --> 01:37:18.460 DOF Secretary Frederick D. Go: to Senator Kiko Pangilinan. asr-001241 01:37:18.840 --> 01:37:18.940 DOF Secretary Frederick D. Go: Yeah, asr-001242 01:37:18.980 --> 01:37:20.700 DOF Secretary Frederick D. Go: we will ensure that DBP and Land Bank asr-001243 01:37:20.700 --> 01:37:22.360 DOF Secretary Frederick D. Go: sends you the data that you required asr-001244 01:37:22.360 --> 01:37:23.820 DOF Secretary Frederick D. Go: as soon as possible asr-001245 01:37:23.820 --> 01:37:25.060 DOF Secretary Frederick D. Go: before the plenary. asr-001246 01:37:25.060 --> 01:37:26.160 DOF Secretary Frederick D. Go: Thank you. asr-001247 01:37:26.280 --> 01:37:26.460 Senator Francis Kiko Pangilinan: Yes, asr-001248 01:37:26.500 --> 01:37:27.980 Senator Francis Kiko Pangilinan: we're doing benchmarking. asr-001249 01:37:28.160 --> 01:37:30.020 Senator Francis Kiko Pangilinan: The reason why we're doing this now asr-001250 01:37:30.020 --> 01:37:31.440 Senator Francis Kiko Pangilinan: and gathering the information asr-001251 01:37:31.440 --> 01:37:32.000 Senator Francis Kiko Pangilinan: is because asr-001252 01:37:32.000 --> 01:37:33.740 Senator Francis Kiko Pangilinan: we anticipate that, asr-001253 01:37:33.960 --> 01:37:36.020 Senator Francis Kiko Pangilinan: and the President has identified it asr-001254 01:37:36.020 --> 01:37:37.240 Senator Francis Kiko Pangilinan: as a priority, asr-001255 01:37:38.060 --> 01:37:40.080 Senator Francis Kiko Pangilinan: as a priority, asr-001256 01:37:40.420 --> 01:37:41.520 Senator Francis Kiko Pangilinan: two priority measures. asr-001257 01:37:41.800 --> 01:37:44.100 Senator Francis Kiko Pangilinan: The renationalization asr-001258 01:37:44.100 --> 01:37:45.860 Senator Francis Kiko Pangilinan: of extension services asr-001259 01:37:45.860 --> 01:37:47.140 Senator Francis Kiko Pangilinan: for agri and fisheries, asr-001260 01:37:47.360 --> 01:37:48.460 Senator Francis Kiko Pangilinan: which means asr-001261 01:37:48.460 --> 01:37:49.960 Senator Francis Kiko Pangilinan: we will have boots on the ground. asr-001262 01:37:50.460 --> 01:37:51.960 Senator Francis Kiko Pangilinan: And the reestablishment asr-001263 01:37:51.960 --> 01:37:54.140 Senator Francis Kiko Pangilinan: of the Bureau of Agriculture and Fisheries asr-001264 01:37:54.140 --> 01:37:55.040 Senator Francis Kiko Pangilinan: cooperatives asr-001267 01:37:56.060 --> 01:37:57.680 Senator Francis Kiko Pangilinan: under the DA. asr-001268 01:37:58.680 --> 01:38:00.220 Senator Francis Kiko Pangilinan: So we want to benchmark that asr-001269 01:38:00.220 --> 01:38:02.100 Senator Francis Kiko Pangilinan: because once that is low, asr-001270 01:38:02.760 --> 01:38:04.600 Senator Francis Kiko Pangilinan: then we will now create asr-001271 01:38:04.600 --> 01:38:06.820 Senator Francis Kiko Pangilinan: the information necessary asr-001272 01:38:06.820 --> 01:38:09.300 Senator Francis Kiko Pangilinan: for us to have benchmarked asr-001273 01:38:09.300 --> 01:38:10.620 Senator Francis Kiko Pangilinan: in terms of where are we now. asr-001274 01:38:11.580 --> 01:38:12.940 Senator Francis Kiko Pangilinan: Because once you have asr-001275 01:38:12.940 --> 01:38:14.200 Senator Francis Kiko Pangilinan: extension workers asr-001276 01:38:14.200 --> 01:38:17.060 Senator Francis Kiko Pangilinan: in every municipality, asr-001277 01:38:17.800 --> 01:38:18.780 Senator Francis Kiko Pangilinan: right now, for example, asr-001278 01:38:18.920 --> 01:38:20.080 Senator Francis Kiko Pangilinan: in San Luis, Pampanga, asr-001279 01:38:20.900 --> 01:38:23.420 Senator Francis Kiko Pangilinan: they have 3,500 farmers, asr-001280 01:38:23.420 --> 01:38:24.720 Senator Francis Kiko Pangilinan: but they only have asr-001281 01:38:24.720 --> 01:38:28.400 Senator Francis Kiko Pangilinan: five DA local. asr-001282 01:38:29.500 --> 01:38:30.940 Senator Francis Kiko Pangilinan: Unlike in Taiwan, asr-001283 01:38:31.600 --> 01:38:33.540 Senator Francis Kiko Pangilinan: the ratio of extension workers asr-001284 01:38:33.540 --> 01:38:34.160 Senator Francis Kiko Pangilinan: to farmers asr-001285 01:38:34.160 --> 01:38:36.680 Senator Francis Kiko Pangilinan: is one extension worker, asr-001286 01:38:36.960 --> 01:38:37.820 Senator Francis Kiko Pangilinan: 18 farmers. asr-001287 01:38:39.080 --> 01:38:41.580 Senator Francis Kiko Pangilinan: They have 580,000 farmers. asr-001288 01:38:42.260 --> 01:38:43.340 Senator Francis Kiko Pangilinan: They're organized asr-001289 01:38:43.340 --> 01:38:47.020 Senator Francis Kiko Pangilinan: into 320 farmers associations. asr-001290 01:38:47.700 --> 01:38:50.240 Senator Francis Kiko Pangilinan: And of these 320 farmers associations, asr-001291 01:38:50.640 --> 01:38:51.980 Senator Francis Kiko Pangilinan: their members are co-ops. asr-001292 01:38:52.880 --> 01:38:54.420 Senator Francis Kiko Pangilinan: So the co-ops become members asr-001293 01:38:54.420 --> 01:38:55.860 Senator Francis Kiko Pangilinan: of the association asr-001294 01:38:55.860 --> 01:38:57.060 Senator Francis Kiko Pangilinan: and they're organized asr-001295 01:38:57.060 --> 01:39:00.520 Senator Francis Kiko Pangilinan: and have extension worker support asr-001296 01:39:00.520 --> 01:39:03.220 Senator Francis Kiko Pangilinan: of 18 farmers, asr-001297 01:39:03.600 --> 01:39:04.800 Senator Francis Kiko Pangilinan: one extension worker. asr-001298 01:39:05.220 --> 01:39:06.500 Senator Francis Kiko Pangilinan: So you can imagine asr-001299 01:39:06.500 --> 01:39:09.360 Senator Francis Kiko Pangilinan: if we restructure the DA, asr-001300 01:39:09.600 --> 01:39:11.440 Senator Francis Kiko Pangilinan: provide the necessary manpower asr-001301 01:39:11.440 --> 01:39:12.900 Senator Francis Kiko Pangilinan: for extension workers, asr-001302 01:39:13.360 --> 01:39:15.120 Senator Francis Kiko Pangilinan: financial literacy programs, asr-001303 01:39:15.320 --> 01:39:15.980 Senator Francis Kiko Pangilinan: interventions, asr-001304 01:39:16.320 --> 01:39:17.780 Senator Francis Kiko Pangilinan: capacity building, training, asr-001305 01:39:18.020 --> 01:39:20.000 Senator Francis Kiko Pangilinan: and then create the cooperatives, asr-001306 01:39:20.120 --> 01:39:21.640 Senator Francis Kiko Pangilinan: then you will have economies of scale. asr-001307 01:39:21.640 --> 01:39:23.140 Senator Francis Kiko Pangilinan: And then you will be able to asr-001308 01:39:23.140 --> 01:39:24.400 Senator Francis Kiko Pangilinan: get them to become, asr-001309 01:39:24.420 --> 01:39:25.320 Senator Francis Kiko Pangilinan: to become creditworthy asr-001310 01:39:25.320 --> 01:39:28.100 Senator Francis Kiko Pangilinan: and therefore bankable. asr-001311 01:39:28.460 --> 01:39:30.060 Senator Francis Kiko Pangilinan: I mean, for lack of a better term. asr-001312 01:39:31.300 --> 01:39:33.320 Senator Francis Kiko Pangilinan: So that's why we want that data. asr-001313 01:39:35.320 --> 01:39:37.160 Senator Francis Kiko Pangilinan: So there. asr-001314 01:39:38.060 --> 01:39:38.460 Senator Francis Kiko Pangilinan: Anyway, asr-001315 01:39:39.220 --> 01:39:41.940 Senator Francis Kiko Pangilinan: thank you, Secretary Go, asr-001316 01:39:41.980 --> 01:39:43.800 Senator Francis Kiko Pangilinan: for the support. asr-001317 01:39:47.060 --> 01:39:48.920 Senator Joseph Victor "JV" G. Ejercito: Thank you, Senator Pangilinan. asr-001318 01:39:50.500 --> 01:39:51.680 Senator Joseph Victor "JV" G. Ejercito: Chair, we'd like to asr-001319 01:39:51.680 --> 01:39:52.980 Senator Joseph Victor "JV" G. Ejercito: provide some questions. asr-001320 01:39:54.420 --> 01:39:56.100 Senator Joseph Victor "JV" G. Ejercito: Basic, because we have to prepare also. asr-001321 01:39:58.260 --> 01:40:00.040 Senator Joseph Victor "JV" G. Ejercito: Just to remind the asr-001322 01:40:00.040 --> 01:40:02.120 Senator Joseph Victor "JV" G. Ejercito: TOF and the attached agencies asr-001323 01:40:02.120 --> 01:40:04.140 Senator Joseph Victor "JV" G. Ejercito: to prepare also for the plenary. asr-001324 01:40:04.620 --> 01:40:05.880 Senator Joseph Victor "JV" G. Ejercito: Lagi ito, briefing lang ito. asr-001325 01:40:05.980 --> 01:40:07.940 Senator Joseph Victor "JV" G. Ejercito: But we will submit to you asr-001326 01:40:07.940 --> 01:40:09.180 Senator Joseph Victor "JV" G. Ejercito: some questions asr-001327 01:40:09.180 --> 01:40:11.100 Senator Joseph Victor "JV" G. Ejercito: that will not be asked today. asr-001328 01:40:11.220 --> 01:40:12.220 Senator Joseph Victor "JV" G. Ejercito: But please prepare asr-001329 01:40:12.220 --> 01:40:14.680 Senator Joseph Victor "JV" G. Ejercito: so that in the come plenary, asr-001330 01:40:14.860 --> 01:40:16.380 Senator Joseph Victor "JV" G. Ejercito: we will be ready. asr-001331 01:40:17.660 --> 01:40:18.640 Senator Joseph Victor "JV" G. Ejercito: Ganun din, parang sa asr-001332 01:40:18.640 --> 01:40:20.420 Senator Joseph Victor "JV" G. Ejercito: parang sa mga cue cards, asr-001333 01:40:20.420 --> 01:40:21.580 Senator Joseph Victor "JV" G. Ejercito: parang lang ready tayo asr-001334 01:40:21.580 --> 01:40:23.980 Senator Joseph Victor "JV" G. Ejercito: so that we won't have any delays. asr-001335 01:40:24.420 --> 01:40:25.780 Senator Joseph Victor "JV" G. Ejercito: So, anyway, asr-001336 01:40:25.860 --> 01:40:26.620 Senator Joseph Victor "JV" G. Ejercito: sana yun mga kayo dyan. asr-001337 01:40:27.420 --> 01:40:28.020 Senator Joseph Victor "JV" G. Ejercito: Most of, asr-001338 01:40:28.440 --> 01:40:29.620 Senator Joseph Victor "JV" G. Ejercito: I think, asr-001339 01:40:29.760 --> 01:40:30.820 Senator Joseph Victor "JV" G. Ejercito: I can identify asr-001340 01:40:30.820 --> 01:40:31.760 Senator Joseph Victor "JV" G. Ejercito: three USECs here asr-001341 01:40:31.760 --> 01:40:32.460 Senator Joseph Victor "JV" G. Ejercito: became my asr-001342 01:40:32.460 --> 01:40:33.820 Senator Joseph Victor "JV" G. Ejercito: backstops before. asr-001343 01:40:34.780 --> 01:40:35.440 Senator Joseph Victor "JV" G. Ejercito: As I mentioned, asr-001344 01:40:35.760 --> 01:40:36.660 Senator Joseph Victor "JV" G. Ejercito: si USEC Carlo, asr-001345 01:40:36.900 --> 01:40:37.380 Senator Joseph Victor "JV" G. Ejercito: USEC asr-001346 01:40:37.380 --> 01:40:38.680 Senator Joseph Victor "JV" G. Ejercito: Cathy, asr-001347 01:40:38.800 --> 01:40:39.900 Senator Joseph Victor "JV" G. Ejercito: di pala si USEC Crystal, asr-001348 01:40:40.020 --> 01:40:40.460 Senator Joseph Victor "JV" G. Ejercito: nandun din, asr-001349 01:40:40.580 --> 01:40:41.320 Senator Joseph Victor "JV" G. Ejercito: mara USEC na. asr-001350 01:40:41.900 --> 01:40:43.200 Senator Joseph Victor "JV" G. Ejercito: Ito yung mga nagpahirap sa akin asr-001351 01:40:43.200 --> 01:40:43.920 Senator Joseph Victor "JV" G. Ejercito: sa automatic asr-001352 01:40:43.920 --> 01:40:45.000 Senator Joseph Victor "JV" G. Ejercito: classification, asr-001353 01:40:46.280 --> 01:40:47.580 Senator Joseph Victor "JV" G. Ejercito: mining fiscal regime, asr-001354 01:40:48.400 --> 01:40:49.760 Senator Joseph Victor "JV" G. Ejercito: and PPP code. asr-001355 01:40:50.660 --> 01:40:51.800 Senator Joseph Victor "JV" G. Ejercito: Sek, hindi na ako, asr-001356 01:40:51.920 --> 01:40:52.540 Senator Joseph Victor "JV" G. Ejercito: gano'n. asr-001357 01:40:52.540 --> 01:40:53.220 Senator Joseph Victor "JV" G. Ejercito: All of these are asr-001358 01:40:53.220 --> 01:40:55.320 Senator Joseph Victor "JV" G. Ejercito: priority measures asr-001359 01:40:55.320 --> 01:40:57.200 Senator Joseph Victor "JV" G. Ejercito: by revenue generating measures asr-001360 01:40:57.200 --> 01:40:58.240 Senator Joseph Victor "JV" G. Ejercito: by the administration. asr-001361 01:40:59.140 --> 01:40:59.940 Senator Joseph Victor "JV" G. Ejercito: All of these are asr-001362 01:40:59.940 --> 01:41:00.620 Senator Joseph Victor "JV" G. Ejercito: take note, asr-001363 01:41:00.780 --> 01:41:02.020 Senator Joseph Victor "JV" G. Ejercito: hindi ko puli niya lahat ito. asr-001364 01:41:02.780 --> 01:41:02.960 Senator Joseph Victor "JV" G. Ejercito: But, asr-001365 01:41:03.020 --> 01:41:05.160 Senator Joseph Victor "JV" G. Ejercito: but thanks to the asr-001366 01:41:05.160 --> 01:41:06.900 Senator Joseph Victor "JV" G. Ejercito: capable USECs now asr-001367 01:41:06.900 --> 01:41:07.900 Senator Joseph Victor "JV" G. Ejercito: that they were, asr-001368 01:41:08.200 --> 01:41:09.560 Senator Joseph Victor "JV" G. Ejercito: they serve as my backstop before. asr-001369 01:41:10.000 --> 01:41:11.180 Senator Joseph Victor "JV" G. Ejercito: We're able to pass these asr-001370 01:41:11.180 --> 01:41:14.160 Senator Joseph Victor "JV" G. Ejercito: legislations. asr-001371 01:41:14.840 --> 01:41:15.360 Senator Joseph Victor "JV" G. Ejercito: Anyway, asr-001372 01:41:15.480 --> 01:41:16.460 Senator Joseph Victor "JV" G. Ejercito: my first question, asr-001373 01:41:16.960 --> 01:41:18.140 Senator Joseph Victor "JV" G. Ejercito: siguro with regards to na, asr-001374 01:41:19.060 --> 01:41:20.140 Senator Joseph Victor "JV" G. Ejercito: kasi baka tanungin din ito, asr-001375 01:41:20.260 --> 01:41:21.420 Senator Joseph Victor "JV" G. Ejercito: at least we have to be prepared. asr-001376 01:41:21.420 --> 01:41:22.760 Senator Joseph Victor "JV" G. Ejercito: Rising national debt, asr-001377 01:41:23.220 --> 01:41:24.600 Senator Joseph Victor "JV" G. Ejercito: as of July 2026, asr-001378 01:41:24.740 --> 01:41:26.620 Senator Joseph Victor "JV" G. Ejercito: the Philippines' total outstanding debt asr-001379 01:41:26.620 --> 01:41:29.320 Senator Joseph Victor "JV" G. Ejercito: climbed to 19.39 trillion, asr-001380 01:41:30.140 --> 01:41:32.400 Senator Joseph Victor "JV" G. Ejercito: with debt to GDP asr-001381 01:41:32.400 --> 01:41:34.240 Senator Joseph Victor "JV" G. Ejercito: sitting at 66%, asr-001382 01:41:34.240 --> 01:41:35.920 Senator Joseph Victor "JV" G. Ejercito: and is projected to breach asr-001383 01:41:35.920 --> 01:41:37.720 Senator Joseph Victor "JV" G. Ejercito: 21.48 trillion asr-001384 01:41:37.720 --> 01:41:39.280 Senator Joseph Victor "JV" G. Ejercito: by the end of 2027. asr-001385 01:41:40.320 --> 01:41:42.400 Senator Joseph Victor "JV" G. Ejercito: To fund the upcoming fiscal year, asr-001386 01:41:42.580 --> 01:41:44.680 Senator Joseph Victor "JV" G. Ejercito: the DOF expects to borrow asr-001387 01:41:44.680 --> 01:41:47.640 Senator Joseph Victor "JV" G. Ejercito: an additional 3.3 trillion. asr-001388 01:41:48.480 --> 01:41:49.800 Senator Joseph Victor "JV" G. Ejercito: This is very concerning asr-001389 01:41:49.800 --> 01:41:51.580 Senator Joseph Victor "JV" G. Ejercito: as debt servicing alone asr-001390 01:41:51.580 --> 01:41:53.100 Senator Joseph Victor "JV" G. Ejercito: under financial expenses, asr-001391 01:41:53.220 --> 01:41:56.260 Senator Joseph Victor "JV" G. Ejercito: will be at 1.114 trillion asr-001392 01:41:56.260 --> 01:41:58.120 Senator Joseph Victor "JV" G. Ejercito: of the national debt budget. asr-001393 01:41:58.920 --> 01:42:00.120 Senator Joseph Victor "JV" G. Ejercito: That's over a trillion pesos asr-001394 01:42:00.120 --> 01:42:01.480 Senator Joseph Victor "JV" G. Ejercito: going to interest asr-001395 01:42:01.480 --> 01:42:03.440 Senator Joseph Victor "JV" G. Ejercito: rather than building hospitals, asr-001396 01:42:03.600 --> 01:42:04.380 Senator Joseph Victor "JV" G. Ejercito: supporting farmers, asr-001397 01:42:04.560 --> 01:42:06.760 Senator Joseph Victor "JV" G. Ejercito: or improving our transport network. asr-001398 01:42:08.080 --> 01:42:09.300 Senator Joseph Victor "JV" G. Ejercito: My question is, asr-001399 01:42:09.400 --> 01:42:10.880 Senator Joseph Victor "JV" G. Ejercito: what concrete revenue measures asr-001400 01:42:10.880 --> 01:42:12.960 Senator Joseph Victor "JV" G. Ejercito: or strategies is the DOF implementing asr-001401 01:42:12.960 --> 01:42:16.280 Senator Joseph Victor "JV" G. Ejercito: to ensure that these massive interest payments asr-001402 01:42:16.280 --> 01:42:17.660 Senator Joseph Victor "JV" G. Ejercito: don't crowd out our spending asr-001403 01:42:17.660 --> 01:42:19.520 Senator Joseph Victor "JV" G. Ejercito: for other important purposes? asr-001404 01:42:23.220 --> 01:42:24.540 DOF Secretary Frederick D. Go: Mr. Chair, asr-001405 01:42:25.040 --> 01:42:26.960 DOF Secretary Frederick D. Go: first, the data that you provided asr-001406 01:42:26.960 --> 01:42:28.260 DOF Secretary Frederick D. Go: is accurate. asr-001407 01:42:30.000 --> 01:42:31.600 DOF Secretary Frederick D. Go: I'd just like to asr-001408 01:42:31.600 --> 01:42:35.220 DOF Secretary Frederick D. Go: reply in two ways, asr-001409 01:42:35.320 --> 01:42:37.420 DOF Secretary Frederick D. Go: then I'll ask Yusek Carlo Adriano asr-001410 01:42:37.420 --> 01:42:38.840 DOF Secretary Frederick D. Go: to pitch in, asr-001411 01:42:39.520 --> 01:42:40.960 DOF Secretary Frederick D. Go: or the National Treasurer, asr-001412 01:42:41.120 --> 01:42:41.940 DOF Secretary Frederick D. Go: Sharon Almanza. asr-001413 01:42:42.540 --> 01:42:42.900 DOF Secretary Frederick D. Go: First, asr-001414 01:42:44.600 --> 01:42:46.300 DOF Secretary Frederick D. Go: what we look at, asr-001415 01:42:46.800 --> 01:42:48.300 DOF Secretary Frederick D. Go: because it is what is comparable asr-001416 01:42:48.300 --> 01:42:49.480 DOF Secretary Frederick D. Go: to the rest of the world, asr-001417 01:42:49.480 --> 01:42:51.480 DOF Secretary Frederick D. Go: is general government debt asr-001418 01:42:53.220 --> 01:42:54.080 DOF Secretary Frederick D. Go: and GDP. asr-001419 01:42:54.440 --> 01:42:54.720 DOF Secretary Frederick D. Go: In short, asr-001420 01:42:54.880 --> 01:42:55.560 DOF Secretary Frederick D. Go: GG debt asr-001421 01:42:55.560 --> 01:42:57.560 DOF Secretary Frederick D. Go: and not national government debt, asr-001422 01:42:57.660 --> 01:42:58.720 DOF Secretary Frederick D. Go: which is NG debt. asr-001423 01:42:59.420 --> 01:42:59.800 DOF Secretary Frederick D. Go: So yes, asr-001424 01:42:59.920 --> 01:43:02.320 DOF Secretary Frederick D. Go: NG debt is roughly around 66%. asr-001425 01:43:02.320 --> 01:43:04.740 DOF Secretary Frederick D. Go: GG debt is roughly around 58%. asr-001426 01:43:04.740 --> 01:43:06.660 DOF Secretary Frederick D. Go: And the World Bank threshold asr-001427 01:43:06.660 --> 01:43:09.520 DOF Secretary Frederick D. Go: right now for a country asr-001428 01:43:09.520 --> 01:43:12.320 DOF Secretary Frederick D. Go: like where we are asr-001429 01:43:12.320 --> 01:43:15.100 DOF Secretary Frederick D. Go: is 70% is the threshold. asr-001430 01:43:15.260 --> 01:43:16.480 DOF Secretary Frederick D. Go: So at 58% asr-001431 01:43:16.480 --> 01:43:18.560 DOF Secretary Frederick D. Go: versus the 70% threshold, asr-001432 01:43:19.120 --> 01:43:20.160 DOF Secretary Frederick D. Go: we have space. asr-001433 01:43:21.000 --> 01:43:22.840 DOF Secretary Frederick D. Go: And I think more importantly, asr-001434 01:43:22.840 --> 01:43:24.200 DOF Secretary Frederick D. Go: by the year 2030, asr-001435 01:43:24.560 --> 01:43:26.160 DOF Secretary Frederick D. Go: our goal is to bring that down asr-001436 01:43:26.160 --> 01:43:30.340 DOF Secretary Frederick D. Go: to 56.1%. asr-001437 01:43:30.340 --> 01:43:31.560 DOF Secretary Frederick D. Go: So there's a path asr-001438 01:43:31.560 --> 01:43:34.720 DOF Secretary Frederick D. Go: to take that down. asr-001439 01:43:37.740 --> 01:43:40.300 DOF Secretary Frederick D. Go: Those are my two replies. asr-001440 01:43:40.500 --> 01:43:42.760 DOF Secretary Frederick D. Go: But I think the most critical reply asr-001441 01:43:42.760 --> 01:43:44.800 DOF Secretary Frederick D. Go: I have, Mr. Chair, asr-001442 01:43:45.200 --> 01:43:46.300 DOF Secretary Frederick D. Go: is that the DOF, asr-001443 01:43:46.460 --> 01:43:49.220 DOF Secretary Frederick D. Go: we generate the revenues. asr-001444 01:43:50.340 --> 01:43:52.740 DOF Secretary Frederick D. Go: And we have to borrow the gap. asr-001445 01:43:52.840 --> 01:43:55.380 DOF Secretary Frederick D. Go: The problem is, asr-001446 01:43:55.820 --> 01:43:56.680 DOF Secretary Frederick D. Go: all the other, asr-001447 01:43:57.080 --> 01:43:58.980 DOF Secretary Frederick D. Go: I'm the only cabinet secretary asr-001448 01:43:58.980 --> 01:44:00.820 DOF Secretary Frederick D. Go: that generates revenues. asr-001449 01:44:00.960 --> 01:44:02.160 DOF Secretary Frederick D. Go: We're the only department asr-001450 01:44:02.160 --> 01:44:03.000 DOF Secretary Frederick D. Go: in the cabinet asr-001451 01:44:03.000 --> 01:44:04.420 DOF Secretary Frederick D. Go: that generates revenue, asr-001452 01:44:04.560 --> 01:44:05.180 DOF Secretary Frederick D. Go: so to speak, asr-001453 01:44:05.680 --> 01:44:06.260 DOF Secretary Frederick D. Go: for the government. asr-001454 01:44:06.440 --> 01:44:08.080 DOF Secretary Frederick D. Go: All the other agencies asr-001455 01:44:08.080 --> 01:44:08.740 DOF Secretary Frederick D. Go: are spending. asr-001456 01:44:09.900 --> 01:44:11.440 DOF Secretary Frederick D. Go: So I think the equation asr-001457 01:44:11.440 --> 01:44:12.560 DOF Secretary Frederick D. Go: of the gap asr-001458 01:44:12.560 --> 01:44:14.160 DOF Secretary Frederick D. Go: cannot be answered asr-001459 01:44:14.160 --> 01:44:15.300 DOF Secretary Frederick D. Go: by DOF alone asr-001460 01:44:15.300 --> 01:44:18.180 DOF Secretary Frederick D. Go: because we generate the revenues asr-001461 01:44:18.180 --> 01:44:20.300 DOF Secretary Frederick D. Go: and we borrow the difference. asr-001462 01:44:21.520 --> 01:44:22.720 DOF Secretary Frederick D. Go: But the other part asr-001463 01:44:22.720 --> 01:44:23.320 DOF Secretary Frederick D. Go: of the equation asr-001464 01:44:23.320 --> 01:44:25.720 DOF Secretary Frederick D. Go: are all the other agencies asr-001465 01:44:25.720 --> 01:44:29.920 DOF Secretary Frederick D. Go: that require the NEP asr-001466 01:44:29.920 --> 01:44:30.740 DOF Secretary Frederick D. Go: or the GAA. asr-001467 01:44:32.100 --> 01:44:33.200 DOF Secretary Frederick D. Go: So, Nt, you want to add? asr-001468 01:44:33.200 --> 01:44:34.020 Senator Joseph Victor "JV" G. Ejercito: Yes, I use the cardio. asr-001469 01:44:35.520 --> 01:44:36.940 DOF Undersecretary Karlo Fermin S. Adriano: Good afternoon, Mr. Chair. asr-001470 01:44:37.480 --> 01:44:39.320 DOF Undersecretary Karlo Fermin S. Adriano: So to ensure that we will meet asr-001471 01:44:39.320 --> 01:44:40.720 DOF Undersecretary Karlo Fermin S. Adriano: our revenue targets, asr-001472 01:44:41.160 --> 01:44:42.060 DOF Undersecretary Karlo Fermin S. Adriano: as you mentioned, asr-001473 01:44:42.240 --> 01:44:43.140 DOF Undersecretary Karlo Fermin S. Adriano: we have implemented asr-001474 01:44:43.140 --> 01:44:44.840 DOF Undersecretary Karlo Fermin S. Adriano: several tax policies asr-001475 01:44:44.840 --> 01:44:46.140 DOF Undersecretary Karlo Fermin S. Adriano: which include the mining asr-001476 01:44:46.140 --> 01:44:47.420 DOF Undersecretary Karlo Fermin S. Adriano: fiscal regime. asr-001477 01:44:47.880 --> 01:44:48.620 DOF Undersecretary Karlo Fermin S. Adriano: And in total, asr-001478 01:44:48.720 --> 01:44:49.260 DOF Undersecretary Karlo Fermin S. Adriano: on average, asr-001479 01:44:49.400 --> 01:44:50.200 DOF Undersecretary Karlo Fermin S. Adriano: that would get us asr-001480 01:44:50.200 --> 01:44:50.980 DOF Undersecretary Karlo Fermin S. Adriano: additional revenue asr-001481 01:44:50.980 --> 01:44:52.500 DOF Undersecretary Karlo Fermin S. Adriano: around 30 billion pesos asr-001482 01:44:52.500 --> 01:44:53.040 DOF Undersecretary Karlo Fermin S. Adriano: total. asr-001483 01:44:53.700 --> 01:44:54.640 DOF Undersecretary Karlo Fermin S. Adriano: And at the same time, asr-001484 01:44:54.860 --> 01:44:56.280 DOF Undersecretary Karlo Fermin S. Adriano: the DOF is pushing asr-001485 01:44:56.280 --> 01:44:57.500 DOF Undersecretary Karlo Fermin S. Adriano: for the progress. asr-001486 01:44:57.600 --> 01:44:58.060 DOF Undersecretary Karlo Fermin S. Adriano: You're promoting asr-001487 01:44:58.060 --> 01:44:58.960 DOF Undersecretary Karlo Fermin S. Adriano: growth, revenue, asr-001488 01:44:59.700 --> 01:44:59.980 DOF Undersecretary Karlo Fermin S. Adriano: equity. asr-001489 01:45:00.000 --> 01:45:01.600 DOF Undersecretary Karlo Fermin S. Adriano: towards socio-economic sustainability asr-001490 01:45:01.600 --> 01:45:04.380 DOF Undersecretary Karlo Fermin S. Adriano: and if legislated into law asr-001491 01:45:04.380 --> 01:45:05.920 DOF Undersecretary Karlo Fermin S. Adriano: that will bring another asr-001492 01:45:05.920 --> 01:45:07.740 DOF Undersecretary Karlo Fermin S. Adriano: net impact of around asr-001493 01:45:07.740 --> 01:45:10.200 DOF Undersecretary Karlo Fermin S. Adriano: 43 billion pesos. asr-001494 01:45:11.700 --> 01:45:14.440 DOF Undersecretary Karlo Fermin S. Adriano: Maybe the top can further asr-001495 01:45:14.440 --> 01:45:16.380 DOF Undersecretary Karlo Fermin S. Adriano: discuss what we're doing asr-001496 01:45:16.380 --> 01:45:18.040 DOF Undersecretary Karlo Fermin S. Adriano: to ensure fiscal sustainability asr-001497 01:45:18.040 --> 01:45:19.200 DOF Undersecretary Karlo Fermin S. Adriano: on our debt. asr-001498 01:45:20.020 --> 01:45:20.760 DOF Undersecretary Karlo Fermin S. Adriano: Mga debt stat. asr-001499 01:45:22.540 --> 01:45:24.140 Senator Joseph Victor "JV" G. Ejercito: Yes, Treasurer asr-001500 01:45:24.140 --> 01:45:26.420 Senator Joseph Victor "JV" G. Ejercito: Sharon Almanza. asr-001501 01:45:27.100 --> 01:45:28.200 Treasurer of the Philippines Sharon P. Almanza: Thank you, Mr. Chair. asr-001502 01:45:28.200 --> 01:45:30.340 Treasurer of the Philippines Sharon P. Almanza: On the debt management asr-001503 01:45:30.340 --> 01:45:32.020 Treasurer of the Philippines Sharon P. Almanza: yes, we recognize asr-001504 01:45:32.020 --> 01:45:34.680 Treasurer of the Philippines Sharon P. Almanza: that our debt service asr-001505 01:45:34.680 --> 01:45:35.660 Treasurer of the Philippines Sharon P. Almanza: will be increasing asr-001506 01:45:35.660 --> 01:45:37.080 Treasurer of the Philippines Sharon P. Almanza: especially next year asr-001507 01:45:37.080 --> 01:45:40.100 Treasurer of the Philippines Sharon P. Almanza: but it's really a consequence asr-001508 01:45:40.100 --> 01:45:41.200 Treasurer of the Philippines Sharon P. Almanza: of our asr-001509 01:45:41.200 --> 01:45:44.100 Treasurer of the Philippines Sharon P. Almanza: supporting the deficit asr-001510 01:45:44.100 --> 01:45:46.240 Treasurer of the Philippines Sharon P. Almanza: ensuring that we will have asr-001511 01:45:46.240 --> 01:45:48.120 Treasurer of the Philippines Sharon P. Almanza: more budget for productive asr-001512 01:45:48.120 --> 01:45:49.800 Treasurer of the Philippines Sharon P. Almanza: spending and of course asr-001513 01:45:49.800 --> 01:45:51.480 Treasurer of the Philippines Sharon P. Almanza: support growth but asr-001514 01:45:51.480 --> 01:45:54.260 Treasurer of the Philippines Sharon P. Almanza: we are, as mentioned by the Secretary asr-001515 01:45:54.260 --> 01:45:56.160 Treasurer of the Philippines Sharon P. Almanza: we ensure that we manage asr-001516 01:45:56.160 --> 01:45:57.020 Treasurer of the Philippines Sharon P. Almanza: debt prudently asr-001517 01:45:57.020 --> 01:45:59.420 Treasurer of the Philippines Sharon P. Almanza: making sure that we're able asr-001518 01:45:59.420 --> 01:46:01.900 Treasurer of the Philippines Sharon P. Almanza: to manage the risk asr-001519 01:46:01.900 --> 01:46:03.380 Treasurer of the Philippines Sharon P. Almanza: of our debt portfolio asr-001520 01:46:03.380 --> 01:46:06.140 Treasurer of the Philippines Sharon P. Almanza: minimizing our FX asr-001521 01:46:06.140 --> 01:46:08.600 Treasurer of the Philippines Sharon P. Almanza: exposure in terms of our asr-001522 01:46:08.600 --> 01:46:10.360 Treasurer of the Philippines Sharon P. Almanza: foreign currency asr-001523 01:46:10.360 --> 01:46:11.260 Treasurer of the Philippines Sharon P. Almanza: denominated debt asr-001524 01:46:11.260 --> 01:46:13.700 Treasurer of the Philippines Sharon P. Almanza: but the asr-001525 01:46:13.700 --> 01:46:15.960 Treasurer of the Philippines Sharon P. Almanza: challenge, Mr. Chair, is asr-001526 01:46:15.960 --> 01:46:18.280 Treasurer of the Philippines Sharon P. Almanza: we are really facing asr-001527 01:46:18.280 --> 01:46:20.660 Treasurer of the Philippines Sharon P. Almanza: headwinds. The macroeconomic asr-001528 01:46:20.660 --> 01:46:22.380 Treasurer of the Philippines Sharon P. Almanza: environment is very asr-001529 01:46:22.380 --> 01:46:24.460 Treasurer of the Philippines Sharon P. Almanza: challenging. The rates asr-001530 01:46:24.460 --> 01:46:26.160 Treasurer of the Philippines Sharon P. Almanza: domestically and even abroad asr-001531 01:46:26.160 --> 01:46:26.640 Treasurer of the Philippines Sharon P. Almanza: has taken a lot of place. asr-001532 01:46:27.020 --> 01:46:29.400 Treasurer of the Philippines Sharon P. Almanza: Especially after the war asr-001533 01:46:29.400 --> 01:46:31.640 Treasurer of the Philippines Sharon P. Almanza: and we are actually repricing asr-001534 01:46:31.640 --> 01:46:34.420 Treasurer of the Philippines Sharon P. Almanza: debt that we've incurred asr-001535 01:46:34.420 --> 01:46:35.120 Treasurer of the Philippines Sharon P. Almanza: in the past which asr-001536 01:46:35.120 --> 01:46:37.740 Treasurer of the Philippines Sharon P. Almanza: have very low rates asr-001537 01:46:37.740 --> 01:46:39.660 Treasurer of the Philippines Sharon P. Almanza: and we are replacing them asr-001538 01:46:39.660 --> 01:46:41.160 Treasurer of the Philippines Sharon P. Almanza: with very high asr-001539 01:46:41.160 --> 01:46:43.720 Treasurer of the Philippines Sharon P. Almanza: debt, meaning to say asr-001540 01:46:43.720 --> 01:46:46.020 Treasurer of the Philippines Sharon P. Almanza: higher interest rates asr-001541 01:46:46.020 --> 01:46:47.540 Treasurer of the Philippines Sharon P. Almanza: debt. This is about asr-001542 01:46:47.540 --> 01:46:49.960 Treasurer of the Philippines Sharon P. Almanza: 200 to 300 basis points more expensive asr-001543 01:46:49.960 --> 01:46:52.140 Treasurer of the Philippines Sharon P. Almanza: that's why, Mr. Chair, we expect asr-001544 01:46:52.140 --> 01:46:53.740 Treasurer of the Philippines Sharon P. Almanza: that our interest payment will asr-001545 01:46:53.740 --> 01:46:55.940 Treasurer of the Philippines Sharon P. Almanza: increase not only next year asr-001546 01:46:55.940 --> 01:46:56.960 Treasurer of the Philippines Sharon P. Almanza: but in the succeeding asr-001547 01:46:56.960 --> 01:46:57.840 Treasurer of the Philippines Sharon P. Almanza: years. Thank you. asr-001548 01:46:58.840 --> 01:46:59.300 Senator Joseph Victor "JV" G. Ejercito: Thank you. asr-001549 01:46:59.400 --> 01:47:02.340 DOF Secretary Frederick D. Go: Mr. Chair, if I may, asr-001550 01:47:02.460 --> 01:47:03.520 DOF Secretary Frederick D. Go: one last point. asr-001551 01:47:04.180 --> 01:47:06.520 DOF Secretary Frederick D. Go: There is a page 7 in my presentation asr-001552 01:47:06.520 --> 01:47:08.660 DOF Secretary Frederick D. Go: earlier. I think that's a very asr-001553 01:47:08.660 --> 01:47:10.580 DOF Secretary Frederick D. Go: very important slide because it will really asr-001554 01:47:10.580 --> 01:47:12.500 DOF Secretary Frederick D. Go: explain how we try to keep our debt asr-001555 01:47:12.500 --> 01:47:13.740 DOF Secretary Frederick D. Go: levels sustainable asr-001556 01:47:13.740 --> 01:47:15.820 DOF Secretary Frederick D. Go: and manageable. asr-001557 01:47:16.360 --> 01:47:18.480 DOF Secretary Frederick D. Go: There are three ways, right? One is we want to asr-001558 01:47:18.480 --> 01:47:20.560 DOF Secretary Frederick D. Go: borrow as much as possible domestically asr-001559 01:47:20.560 --> 01:47:22.400 DOF Secretary Frederick D. Go: and not borrow in foreign exchange. asr-001560 01:47:22.920 --> 01:47:24.960 DOF Secretary Frederick D. Go: So right now it's about 6733. asr-001561 01:47:25.540 --> 01:47:26.740 DOF Secretary Frederick D. Go: Our goal is always to asr-001562 01:47:26.740 --> 01:47:28.760 DOF Secretary Frederick D. Go: borrow 70 to 75% asr-001563 01:47:28.760 --> 01:47:30.660 DOF Secretary Frederick D. Go: in peso and asr-001564 01:47:30.660 --> 01:47:32.760 DOF Secretary Frederick D. Go: 25 to 30% in asr-001565 01:47:32.760 --> 01:47:33.900 DOF Secretary Frederick D. Go: foreign currency. asr-001566 01:47:34.500 --> 01:47:36.660 DOF Secretary Frederick D. Go: Second, we try to borrow always asr-001567 01:47:36.660 --> 01:47:38.580 DOF Secretary Frederick D. Go: if possible in long term asr-001568 01:47:38.580 --> 01:47:40.960 DOF Secretary Frederick D. Go: meaning over five years. asr-001569 01:47:42.080 --> 01:47:42.640 DOF Secretary Frederick D. Go: But I think asr-001570 01:47:42.640 --> 01:47:44.540 DOF Secretary Frederick D. Go: what Treasurer Almanza was asr-001571 01:47:44.540 --> 01:47:46.520 DOF Secretary Frederick D. Go: trying to say is that with the interest rates asr-001572 01:47:46.520 --> 01:47:48.700 DOF Secretary Frederick D. Go: going up now, it's very expensive for us asr-001573 01:47:48.700 --> 01:47:50.420 DOF Secretary Frederick D. Go: to borrow long term. So asr-001574 01:47:50.420 --> 01:47:52.460 DOF Secretary Frederick D. Go: we may have to shift to shorter asr-001575 01:47:52.460 --> 01:47:54.260 DOF Secretary Frederick D. Go: term borrowings because it's cheaper. asr-001576 01:47:55.640 --> 01:47:56.660 DOF Secretary Frederick D. Go: And third is asr-001577 01:47:56.660 --> 01:47:58.260 DOF Secretary Frederick D. Go: the fixed rates. So we asr-001578 01:47:58.260 --> 01:48:00.300 DOF Secretary Frederick D. Go: whenever we borrow, we try to borrow asr-001579 01:48:00.300 --> 01:48:02.420 DOF Secretary Frederick D. Go: for today, up to asr-001580 01:48:02.420 --> 01:48:04.440 DOF Secretary Frederick D. Go: 90% of our debt is asr-001581 01:48:04.440 --> 01:48:06.280 DOF Secretary Frederick D. Go: fixed, not variable asr-001582 01:48:06.280 --> 01:48:08.400 DOF Secretary Frederick D. Go: interest rates. So at least there's asr-001583 01:48:08.400 --> 01:48:10.420 DOF Secretary Frederick D. Go: predictability in the asr-001584 01:48:10.420 --> 01:48:12.560 DOF Secretary Frederick D. Go: interest payments of the country. asr-001585 01:48:13.300 --> 01:48:14.560 DOF Secretary Frederick D. Go: Thank you, Mr. asr-001586 01:48:14.660 --> 01:48:15.200 DOF Secretary Frederick D. Go: Chair. asr-001586-split-2 01:48:15.200 --> 01:48:16.680 Senator Joseph Victor "JV" G. Ejercito: Okay, thank you. I agree asr-001587 01:48:16.680 --> 01:48:18.520 Senator Joseph Victor "JV" G. Ejercito: with the LOROS. You have so asr-001588 01:48:18.520 --> 01:48:20.660 Senator Joseph Victor "JV" G. Ejercito: many headwinds now asr-001589 01:48:20.660 --> 01:48:22.520 Senator Joseph Victor "JV" G. Ejercito: considering the Middle asr-001590 01:48:22.520 --> 01:48:24.780 Senator Joseph Victor "JV" G. Ejercito: East crisis internationally. asr-001591 01:48:25.100 --> 01:48:26.460 Senator Joseph Victor "JV" G. Ejercito: Yung headwinds natin. Problema, may asr-001592 01:48:26.460 --> 01:48:28.260 Senator Joseph Victor "JV" G. Ejercito: local din. Because of the flood control asr-001593 01:48:28.260 --> 01:48:30.280 Senator Joseph Victor "JV" G. Ejercito: really affected everything, no? asr-001594 01:48:30.300 --> 01:48:32.380 Senator Joseph Victor "JV" G. Ejercito: Until now. Revenue asr-001595 01:48:32.380 --> 01:48:34.100 Senator Joseph Victor "JV" G. Ejercito: was severely asr-001596 01:48:34.100 --> 01:48:36.660 Senator Joseph Victor "JV" G. Ejercito: affected because of our asr-001597 01:48:36.660 --> 01:48:38.520 Senator Joseph Victor "JV" G. Ejercito: low spending the past asr-001598 01:48:38.520 --> 01:48:40.500 Senator Joseph Victor "JV" G. Ejercito: year. And I think we're still reeling from it asr-001599 01:48:40.500 --> 01:48:41.020 Senator Joseph Victor "JV" G. Ejercito: until now. asr-001600 01:48:42.220 --> 01:48:44.260 Senator Joseph Victor "JV" G. Ejercito: May linyo pang darating. So asr-001601 01:48:44.260 --> 01:48:46.320 Senator Joseph Victor "JV" G. Ejercito: many factors. So triple asr-001602 01:48:46.320 --> 01:48:48.060 Senator Joseph Victor "JV" G. Ejercito: whammy na tayo. Kalao, dobo lang. asr-001603 01:48:48.900 --> 01:48:49.000 Senator Joseph Victor "JV" G. Ejercito: No? asr-001604 01:48:50.280 --> 01:48:52.140 Senator Joseph Victor "JV" G. Ejercito: Hopefully, we can really recover. asr-001605 01:48:54.140 --> 01:48:56.140 Senator Joseph Victor "JV" G. Ejercito: It was mentioned asr-001606 01:48:56.460 --> 01:48:58.260 Senator Joseph Victor "JV" G. Ejercito: by Yossi Carlo, you know, by asr-001607 01:48:58.260 --> 01:49:00.400 Senator Joseph Victor "JV" G. Ejercito: 2030, our asr-001608 01:49:00.400 --> 01:49:01.100 Senator Joseph Victor "JV" G. Ejercito: target asr-001609 01:49:01.100 --> 01:49:05.140 Senator Joseph Victor "JV" G. Ejercito: dapat mag-fall from 5.1% asr-001610 01:49:05.140 --> 01:49:05.860 Senator Joseph Victor "JV" G. Ejercito: yung GDP asr-001611 01:49:05.860 --> 01:49:08.700 Senator Joseph Victor "JV" G. Ejercito: in 2020 to 3.5% asr-001612 01:49:08.700 --> 01:49:10.400 Senator Joseph Victor "JV" G. Ejercito: in 2030. Correct? asr-001613 01:49:10.580 --> 01:49:11.610 Senator Joseph Victor "JV" G. Ejercito: Ito ba yung target natin? asr-001613-split-2 01:49:11.610 --> 01:49:12.460 DOF Undersecretary Karlo Fermin S. Adriano: Yes, Mr. Chair. asr-001614 01:49:12.540 --> 01:49:13.920 DOF Undersecretary Karlo Fermin S. Adriano: In terms of fiscal deficit, asr-001615 01:49:14.460 --> 01:49:16.500 DOF Undersecretary Karlo Fermin S. Adriano: from 5.1% in asr-001616 01:49:16.500 --> 01:49:18.460 DOF Undersecretary Karlo Fermin S. Adriano: 2027, the target is to go asr-001617 01:49:18.460 --> 01:49:20.620 DOF Undersecretary Karlo Fermin S. Adriano: down to 3.5% by 2030. asr-001618 01:49:21.700 --> 01:49:22.380 DOF Undersecretary Karlo Fermin S. Adriano: But the problem asr-001619 01:49:22.380 --> 01:49:24.300 Senator Joseph Victor "JV" G. Ejercito: is revenue asr-001620 01:49:24.300 --> 01:49:25.380 Senator Joseph Victor "JV" G. Ejercito: effort remains asr-001621 01:49:25.380 --> 01:49:27.180 Senator Joseph Victor "JV" G. Ejercito: nearly flat while asr-001622 01:49:27.180 --> 01:49:28.900 Senator Joseph Victor "JV" G. Ejercito: disbursements fall asr-001623 01:49:28.900 --> 01:49:30.920 Senator Joseph Victor "JV" G. Ejercito: from 20.8% to asr-001624 01:49:30.920 --> 01:49:32.780 Senator Joseph Victor "JV" G. Ejercito: 19.1% of GDP. asr-001625 01:49:33.800 --> 01:49:35.420 Senator Joseph Victor "JV" G. Ejercito: Question is, is fiscal asr-001626 01:49:35.420 --> 01:49:37.180 Senator Joseph Victor "JV" G. Ejercito: consolidation therefore primarily asr-001627 01:49:37.180 --> 01:49:38.060 Senator Joseph Victor "JV" G. Ejercito: an expenditure asr-001628 01:49:38.060 --> 01:49:41.160 Senator Joseph Victor "JV" G. Ejercito: compression strategy which services asr-001629 01:49:41.160 --> 01:49:42.660 Senator Joseph Victor "JV" G. Ejercito: investments bear the adjustment? asr-001630 01:49:43.820 --> 01:49:45.160 DOF Secretary Frederick D. Go: Mr. Chair, I'll answer you asr-001631 01:49:45.160 --> 01:49:47.400 DOF Secretary Frederick D. Go: two ways, if I may. The first asr-001632 01:49:47.400 --> 01:49:49.180 DOF Secretary Frederick D. Go: one is our revenues have been growing by asr-001633 01:49:49.180 --> 01:49:50.620 DOF Secretary Frederick D. Go: double digit annually. asr-001634 01:49:51.340 --> 01:49:53.320 DOF Secretary Frederick D. Go: As mentioned earlier, I think asr-001635 01:49:53.320 --> 01:49:55.360 DOF Secretary Frederick D. Go: our revenues have been growing by 10.5% asr-001636 01:49:55.380 --> 01:49:57.100 DOF Secretary Frederick D. Go: annually. So, revenues asr-001637 01:49:57.100 --> 01:49:59.200 DOF Secretary Frederick D. Go: are growing and are expected to asr-001638 01:49:59.200 --> 01:50:01.040 DOF Secretary Frederick D. Go: continue to grow. But asr-001639 01:50:01.040 --> 01:50:03.060 DOF Secretary Frederick D. Go: to answer your question asr-001640 01:50:03.060 --> 01:50:05.420 DOF Secretary Frederick D. Go: directly, yes, it is about expenditure asr-001641 01:50:05.420 --> 01:50:07.240 DOF Secretary Frederick D. Go: compression. The whole asr-001642 01:50:07.240 --> 01:50:09.240 DOF Secretary Frederick D. Go: theory was COVID asr-001643 01:50:09.240 --> 01:50:10.680 DOF Secretary Frederick D. Go: brought about asr-001644 01:50:10.680 --> 01:50:13.080 DOF Secretary Frederick D. Go: a scenario where the government asr-001645 01:50:13.080 --> 01:50:14.640 DOF Secretary Frederick D. Go: had to asr-001646 01:50:14.640 --> 01:50:17.260 DOF Secretary Frederick D. Go: spend asr-001647 01:50:17.260 --> 01:50:19.200 DOF Secretary Frederick D. Go: for the economy asr-001648 01:50:19.200 --> 01:50:21.180 DOF Secretary Frederick D. Go: to recover. But I think we're asr-001649 01:50:21.180 --> 01:50:22.260 DOF Secretary Frederick D. Go: already past COVID. asr-001650 01:50:23.580 --> 01:50:24.820 DOF Secretary Frederick D. Go: And also, the asr-001651 01:50:24.820 --> 01:50:26.020 DOF Secretary Frederick D. Go: equation of asr-001652 01:50:26.020 --> 01:50:29.080 DOF Secretary Frederick D. Go: build, build, build, for example, asr-001653 01:50:29.640 --> 01:50:31.160 DOF Secretary Frederick D. Go: came from a scenario where the asr-001654 01:50:31.160 --> 01:50:33.320 DOF Secretary Frederick D. Go: government's debt to GDP asr-001655 01:50:33.320 --> 01:50:34.840 DOF Secretary Frederick D. Go: when they started asr-001656 01:50:34.840 --> 01:50:37.320 DOF Secretary Frederick D. Go: was 39%. asr-001657 01:50:38.100 --> 01:50:39.280 DOF Secretary Frederick D. Go: The government asr-001658 01:50:39.280 --> 01:50:41.260 DOF Secretary Frederick D. Go: debt to GDP was 39%. asr-001659 01:50:41.260 --> 01:50:43.160 DOF Secretary Frederick D. Go: So, it had a very low base. asr-001660 01:50:43.540 --> 01:50:45.320 DOF Secretary Frederick D. Go: So, the government had a lot of asr-001661 01:50:45.320 --> 01:50:47.080 DOF Secretary Frederick D. Go: fiscal space to asr-001662 01:50:47.080 --> 01:50:49.060 DOF Secretary Frederick D. Go: expand its expenditure. asr-001663 01:50:49.280 --> 01:50:49.920 DOF Secretary Frederick D. Go: At this point, asr-001664 01:50:50.880 --> 01:50:51.120 DOF Secretary Frederick D. Go: with asr-001665 01:50:51.120 --> 01:50:54.640 DOF Secretary Frederick D. Go: our debt to GDP, asr-001666 01:50:54.820 --> 01:50:56.780 DOF Secretary Frederick D. Go: and interest payments, as you correctly asr-001667 01:50:56.780 --> 01:50:58.880 DOF Secretary Frederick D. Go: pointed, now hitting 1.1 trillion asr-001668 01:50:58.880 --> 01:50:59.380 DOF Secretary Frederick D. Go: a year, asr-001669 01:51:00.520 --> 01:51:02.400 DOF Secretary Frederick D. Go: we need to asr-001670 01:51:02.400 --> 01:51:04.260 DOF Secretary Frederick D. Go: exercise, I think, asr-001671 01:51:04.680 --> 01:51:06.440 DOF Secretary Frederick D. Go: more discipline in the asr-001672 01:51:06.440 --> 01:51:08.660 DOF Secretary Frederick D. Go: expenditure going asr-001673 01:51:08.660 --> 01:51:09.080 DOF Secretary Frederick D. Go: forward. asr-001674 01:51:10.920 --> 01:51:12.620 Senator Joseph Victor "JV" G. Ejercito: So, what are the asr-001675 01:51:12.620 --> 01:51:14.240 Senator Joseph Victor "JV" G. Ejercito: DOF's explicit fiscal asr-001676 01:51:14.240 --> 01:51:15.700 Senator Joseph Victor "JV" G. Ejercito: correction triggers? asr-001677 01:51:17.140 --> 01:51:18.440 Senator Joseph Victor "JV" G. Ejercito: Revenue, shortfall, asr-001678 01:51:18.560 --> 01:51:20.900 Senator Joseph Victor "JV" G. Ejercito: deficit, debt service ratio asr-001679 01:51:20.900 --> 01:51:23.060 Senator Joseph Victor "JV" G. Ejercito: of debt to GDP asr-001680 01:51:23.060 --> 01:51:24.580 Senator Joseph Victor "JV" G. Ejercito: level with the government-imposed asr-001681 01:51:24.580 --> 01:51:25.440 Senator Joseph Victor "JV" G. Ejercito: spending restraint, asr-001682 01:51:26.520 --> 01:51:28.300 Senator Joseph Victor "JV" G. Ejercito: proposed new revenue measures, or asr-001683 01:51:28.300 --> 01:51:29.900 Senator Joseph Victor "JV" G. Ejercito: revised the fiscal program? asr-001684 01:51:31.540 --> 01:51:32.320 Senator Joseph Victor "JV" G. Ejercito: Any correction asr-001685 01:51:32.320 --> 01:51:33.040 Senator Joseph Victor "JV" G. Ejercito: triggers? asr-001686 01:51:35.040 --> 01:51:44.580 DOF Secretary Frederick D. Go: Mr. Chair, I think what happens asr-001687 01:51:44.580 --> 01:51:46.020 DOF Secretary Frederick D. Go: is that the DBCC asr-001688 01:51:46.020 --> 01:51:48.480 DOF Secretary Frederick D. Go: meets every asr-001689 01:51:48.480 --> 01:51:50.440 DOF Secretary Frederick D. Go: six months. And when we asr-001690 01:51:50.440 --> 01:51:52.680 DOF Secretary Frederick D. Go: meet, the asr-001691 01:51:52.680 --> 01:51:54.380 DOF Secretary Frederick D. Go: DepDev will give us asr-001692 01:51:54.380 --> 01:51:56.640 DOF Secretary Frederick D. Go: GDP growth projections. asr-001693 01:51:57.260 --> 01:51:58.980 DOF Secretary Frederick D. Go: The central bank will give us asr-001694 01:51:58.980 --> 01:52:01.280 DOF Secretary Frederick D. Go: the inflation projections asr-001695 01:52:01.280 --> 01:52:03.140 DOF Secretary Frederick D. Go: and the foreign exchange projections. asr-001696 01:52:03.960 --> 01:52:05.100 DOF Secretary Frederick D. Go: And on that basis, asr-001697 01:52:06.080 --> 01:52:07.320 DOF Secretary Frederick D. Go: the DOF will compute asr-001698 01:52:07.320 --> 01:52:08.940 DOF Secretary Frederick D. Go: the revenue projections asr-001699 01:52:08.940 --> 01:52:11.120 DOF Secretary Frederick D. Go: based on the numbers that they asr-001700 01:52:11.120 --> 01:52:12.620 DOF Secretary Frederick D. Go: provide us. asr-001701 01:52:13.400 --> 01:52:15.120 DOF Secretary Frederick D. Go: So, I think that the asr-001702 01:52:15.120 --> 01:52:17.260 DOF Secretary Frederick D. Go: adjustments, asr-001703 01:52:18.000 --> 01:52:19.020 DOF Secretary Frederick D. Go: if any, asr-001704 01:52:19.240 --> 01:52:20.940 DOF Secretary Frederick D. Go: if at all, that need to be made, asr-001705 01:52:21.280 --> 01:52:23.460 DOF Secretary Frederick D. Go: happen at these DBCC meetings. asr-001706 01:52:23.460 --> 01:52:25.560 DOF Secretary Frederick D. Go: Sorry, we meet every quarter, right? asr-001707 01:52:25.560 --> 01:52:27.180 DOF Secretary Frederick D. Go: Sorry, we meet every quarter. asr-001708 01:52:27.700 --> 01:52:29.320 DOF Secretary Frederick D. Go: So, every time the DBCC meets, asr-001709 01:52:29.440 --> 01:52:31.460 DOF Secretary Frederick D. Go: if the revenue projections, the growth asr-001710 01:52:31.460 --> 01:52:33.240 DOF Secretary Frederick D. Go: projections, the inflation projections, asr-001711 01:52:33.780 --> 01:52:35.600 DOF Secretary Frederick D. Go: or oil price projections asr-001712 01:52:35.600 --> 01:52:36.300 DOF Secretary Frederick D. Go: change, asr-001713 01:52:36.620 --> 01:52:39.640 DOF Secretary Frederick D. Go: then we adjust accordingly. asr-001714 01:52:42.400 --> 01:52:43.320 Senator Joseph Victor "JV" G. Ejercito: Before I, asr-001715 01:52:43.440 --> 01:52:45.540 Senator Joseph Victor "JV" G. Ejercito: I would like to go to asr-001716 01:52:45.540 --> 01:52:47.560 Senator Joseph Victor "JV" G. Ejercito: the infrastructure spending asr-001717 01:52:47.560 --> 01:52:48.720 Senator Joseph Victor "JV" G. Ejercito: later because I have asr-001718 01:52:48.720 --> 01:52:51.520 Senator Joseph Victor "JV" G. Ejercito: filed Senate Bill No. 2, which asr-001719 01:52:51.520 --> 01:52:53.300 Senator Joseph Victor "JV" G. Ejercito: is the Master Plan for Infrastructure National. asr-001720 01:52:53.300 --> 01:52:55.500 Senator Joseph Victor "JV" G. Ejercito: Development because, as you know, asr-001721 01:52:55.620 --> 01:52:57.040 Senator Joseph Victor "JV" G. Ejercito: one of our weak points is asr-001722 01:52:57.040 --> 01:52:58.200 Senator Joseph Victor "JV" G. Ejercito: infrastructure development. asr-001723 01:52:59.240 --> 01:53:01.180 Senator Joseph Victor "JV" G. Ejercito: Through the years, more than asr-001724 01:53:01.180 --> 01:53:03.220 Senator Joseph Victor "JV" G. Ejercito: siguro, I think, we've been spending asr-001725 01:53:03.220 --> 01:53:05.460 Senator Joseph Victor "JV" G. Ejercito: about 2% only of our GDP asr-001726 01:53:05.460 --> 01:53:07.400 Senator Joseph Victor "JV" G. Ejercito: through the decades. asr-001727 01:53:07.560 --> 01:53:08.980 Senator Joseph Victor "JV" G. Ejercito: Now, it's 5%, but asr-001728 01:53:08.980 --> 01:53:11.180 Senator Joseph Victor "JV" G. Ejercito: through many years, many asr-001729 01:53:11.180 --> 01:53:13.340 Senator Joseph Victor "JV" G. Ejercito: decades, nasa 2% asr-001730 01:53:13.340 --> 01:53:15.040 Senator Joseph Victor "JV" G. Ejercito: na tayo, while the others are spending about asr-001731 01:53:15.040 --> 01:53:17.300 Senator Joseph Victor "JV" G. Ejercito: 5%. Last year, at least asr-001732 01:53:17.300 --> 01:53:18.860 Senator Joseph Victor "JV" G. Ejercito: we are now 5%. asr-001733 01:53:18.860 --> 01:53:21.440 Senator Joseph Victor "JV" G. Ejercito: So, because of that, we asr-001734 01:53:21.440 --> 01:53:23.200 Senator Joseph Victor "JV" G. Ejercito: fell behind. asr-001735 01:53:23.300 --> 01:53:25.160 Senator Joseph Victor "JV" G. Ejercito: Our Southeast Asian asr-001736 01:53:25.160 --> 01:53:26.940 Senator Joseph Victor "JV" G. Ejercito: neighbors in infrastructure development asr-001737 01:53:26.940 --> 01:53:29.020 Senator Joseph Victor "JV" G. Ejercito: and probably one of the reasons why asr-001738 01:53:29.020 --> 01:53:31.080 Senator Joseph Victor "JV" G. Ejercito: foreign investors are looking at the asr-001739 01:53:31.080 --> 01:53:32.740 Senator Joseph Victor "JV" G. Ejercito: other way because of our weak asr-001740 01:53:32.740 --> 01:53:34.640 Senator Joseph Victor "JV" G. Ejercito: high cost of asr-001741 01:53:34.640 --> 01:53:36.840 Senator Joseph Victor "JV" G. Ejercito: energy and unstable. asr-001742 01:53:37.780 --> 01:53:37.940 Senator Joseph Victor "JV" G. Ejercito: And, asr-001743 01:53:37.980 --> 01:53:41.040 Senator Joseph Victor "JV" G. Ejercito: nakakalungkot, no? I sent our geekers here asr-001744 01:53:41.040 --> 01:53:42.580 Senator Joseph Victor "JV" G. Ejercito: because we have been asr-001745 01:53:42.580 --> 01:53:44.440 Senator Joseph Victor "JV" G. Ejercito: pushing for local asr-001746 01:53:44.440 --> 01:53:45.700 Senator Joseph Victor "JV" G. Ejercito: strengthening asr-001747 01:53:45.700 --> 01:53:48.960 Senator Joseph Victor "JV" G. Ejercito: local agriculture industry, asr-001748 01:53:49.180 --> 01:53:51.400 Senator Joseph Victor "JV" G. Ejercito: pero para naging import dependent na tayo, asr-001749 01:53:52.020 --> 01:53:53.060 Senator Joseph Victor "JV" G. Ejercito: also, asr-001750 01:53:53.300 --> 01:53:54.280 Senator Joseph Victor "JV" G. Ejercito: we forgot to asr-001751 01:53:54.280 --> 01:53:57.340 Senator Joseph Victor "JV" G. Ejercito: is it because we forgot also to asr-001752 01:53:57.340 --> 01:53:59.640 Senator Joseph Victor "JV" G. Ejercito: to invest asr-001753 01:53:59.640 --> 01:54:01.540 Senator Joseph Victor "JV" G. Ejercito: in industries. Dati may mga industries asr-001754 01:54:01.540 --> 01:54:02.920 Senator Joseph Victor "JV" G. Ejercito: na tayo na, we are import asr-001755 01:54:02.920 --> 01:54:04.900 Senator Joseph Victor "JV" G. Ejercito: dependent. So, asr-001756 01:54:05.520 --> 01:54:07.880 Senator Joseph Victor "JV" G. Ejercito: dalawang problema natin, weak infra and also asr-001757 01:54:07.880 --> 01:54:08.860 Senator Joseph Victor "JV" G. Ejercito: yun nga, yung asr-001758 01:54:08.860 --> 01:54:12.480 Senator Joseph Victor "JV" G. Ejercito: industries, asr-001759 01:54:12.740 --> 01:54:14.940 Senator Joseph Victor "JV" G. Ejercito: we failed to develop. asr-001760 01:54:15.500 --> 01:54:16.280 Senator Joseph Victor "JV" G. Ejercito: So, yung ano ko lang, asr-001761 01:54:16.960 --> 01:54:18.160 Senator Joseph Victor "JV" G. Ejercito: did we asr-001762 01:54:18.160 --> 01:54:21.240 Senator Joseph Victor "JV" G. Ejercito: concentrate so much or we were concerned asr-001763 01:54:21.240 --> 01:54:23.260 Senator Joseph Victor "JV" G. Ejercito: so much with debt servicing that we asr-001764 01:54:23.260 --> 01:54:25.560 Senator Joseph Victor "JV" G. Ejercito: forgot to invest in infrastructure asr-001765 01:54:25.560 --> 01:54:26.680 Senator Joseph Victor "JV" G. Ejercito: and also asr-001766 01:54:26.680 --> 01:54:28.980 Senator Joseph Victor "JV" G. Ejercito: industries as a whole, no? asr-001767 01:54:29.080 --> 01:54:31.140 Senator Joseph Victor "JV" G. Ejercito: To develop. Kasi, while others, asr-001768 01:54:31.280 --> 01:54:33.260 Senator Joseph Victor "JV" G. Ejercito: our Asian neighbors, although they asr-001769 01:54:33.260 --> 01:54:35.340 Senator Joseph Victor "JV" G. Ejercito: have debts also, but they still asr-001770 01:54:35.340 --> 01:54:37.260 Senator Joseph Victor "JV" G. Ejercito: invested heavily in asr-001771 01:54:37.260 --> 01:54:39.200 Senator Joseph Victor "JV" G. Ejercito: infrastructure development and industries. asr-001772 01:54:39.560 --> 01:54:41.160 Senator Joseph Victor "JV" G. Ejercito: That's why they're reaping asr-001773 01:54:41.160 --> 01:54:42.880 Senator Joseph Victor "JV" G. Ejercito: their benefits right now. asr-001774 01:54:43.580 --> 01:54:45.160 Senator Joseph Victor "JV" G. Ejercito: Just general asr-001775 01:54:45.160 --> 01:54:47.180 Senator Joseph Victor "JV" G. Ejercito: because I'm pushing for the master plan for asr-001776 01:54:47.180 --> 01:54:48.560 Senator Joseph Victor "JV" G. Ejercito: infrastructure national development. asr-001777 01:54:49.980 --> 01:54:51.300 DOF Secretary Frederick D. Go: Mr. Chair, if I asr-001778 01:54:51.300 --> 01:54:53.080 DOF Secretary Frederick D. Go: may express, I guess at this point, asr-001779 01:54:53.260 --> 01:54:55.340 DOF Secretary Frederick D. Go: personal opinion, I definitely asr-001780 01:54:55.340 --> 01:54:57.020 DOF Secretary Frederick D. Go: support the asr-001781 01:54:57.020 --> 01:54:59.040 DOF Secretary Frederick D. Go: master plan in infrastructure asr-001782 01:54:59.040 --> 01:55:01.520 DOF Secretary Frederick D. Go: so that all the asr-001783 01:55:01.520 --> 01:55:03.400 DOF Secretary Frederick D. Go: efforts of infrastructure asr-001784 01:55:03.400 --> 01:55:05.800 DOF Secretary Frederick D. Go: development will be asr-001785 01:55:05.800 --> 01:55:07.300 DOF Secretary Frederick D. Go: aligned asr-001786 01:55:07.300 --> 01:55:08.980 DOF Secretary Frederick D. Go: and streamlined asr-001787 01:55:08.980 --> 01:55:11.520 DOF Secretary Frederick D. Go: towards one master plan rather asr-001788 01:55:11.520 --> 01:55:12.020 DOF Secretary Frederick D. Go: than asr-001789 01:55:12.020 --> 01:55:17.240 DOF Secretary Frederick D. Go: yes, in your words correctly, asr-001790 01:55:18.320 --> 01:55:19.380 DOF Secretary Frederick D. Go: Mr. Senator. So, asr-001791 01:55:20.040 --> 01:55:21.480 DOF Secretary Frederick D. Go: yeah, I believe so because asr-001792 01:55:21.480 --> 01:55:23.240 DOF Secretary Frederick D. Go: right now, there's probably too much asr-001793 01:55:23.240 --> 01:55:25.320 DOF Secretary Frederick D. Go: flexibility or discretion asr-001794 01:55:25.320 --> 01:55:26.820 DOF Secretary Frederick D. Go: in asr-001795 01:55:26.820 --> 01:55:29.460 DOF Secretary Frederick D. Go: the various programs. But if there's asr-001796 01:55:29.460 --> 01:55:31.180 DOF Secretary Frederick D. Go: a master plan that has to be followed, asr-001797 01:55:31.720 --> 01:55:33.540 DOF Secretary Frederick D. Go: there's a north star to be followed, asr-001798 01:55:33.540 --> 01:55:35.420 DOF Secretary Frederick D. Go: then all the infrastructure programs can be asr-001799 01:55:35.420 --> 01:55:36.120 DOF Secretary Frederick D. Go: aligned with that. asr-001800 01:55:37.060 --> 01:55:39.580 Senator Joseph Victor "JV" G. Ejercito: Maybe it's also because of our political asr-001801 01:55:39.580 --> 01:55:41.600 Senator Joseph Victor "JV" G. Ejercito: system, yung six years and three asr-001802 01:55:41.600 --> 01:55:43.640 Senator Joseph Victor "JV" G. Ejercito: years. Most presidents are asr-001803 01:55:43.640 --> 01:55:45.560 Senator Joseph Victor "JV" G. Ejercito: looking at the legacy that they will leave asr-001804 01:55:45.560 --> 01:55:47.480 Senator Joseph Victor "JV" G. Ejercito: in their asr-001805 01:55:47.480 --> 01:55:49.400 Senator Joseph Victor "JV" G. Ejercito: presidencies. Kaya six years lang at asr-001806 01:55:49.400 --> 01:55:50.780 Senator Joseph Victor "JV" G. Ejercito: three years. Bihira yung asr-001807 01:55:50.780 --> 01:55:53.220 Senator Joseph Victor "JV" G. Ejercito: nag-iisip ng long term. And when, asr-001808 01:55:53.240 --> 01:55:54.780 Senator Joseph Victor "JV" G. Ejercito: when you talk about big ticket items, asr-001809 01:55:54.780 --> 01:55:56.980 Senator Joseph Victor "JV" G. Ejercito: from planning to study, asr-001810 01:55:57.080 --> 01:55:58.760 Senator Joseph Victor "JV" G. Ejercito: study to planning to execution, asr-001811 01:55:58.940 --> 01:56:00.780 Senator Joseph Victor "JV" G. Ejercito: implementation, construction itself, asr-001812 01:56:01.560 --> 01:56:02.860 Senator Joseph Victor "JV" G. Ejercito: that takes about asr-001813 01:56:02.860 --> 01:56:04.560 Senator Joseph Victor "JV" G. Ejercito: 30, 40, 50 years. asr-001814 01:56:04.880 --> 01:56:06.940 Senator Joseph Victor "JV" G. Ejercito: And yan, dapat ganun ng planning. asr-001815 01:56:07.060 --> 01:56:08.800 Senator Joseph Victor "JV" G. Ejercito: That's why I'm pushing for this. asr-001816 01:56:08.900 --> 01:56:10.700 Senator Joseph Victor "JV" G. Ejercito: It's now Senate Bill No. 2 and it's asr-001817 01:56:10.700 --> 01:56:12.600 Senator Joseph Victor "JV" G. Ejercito: being prioritized as a asr-001818 01:56:12.600 --> 01:56:13.740 Senator Joseph Victor "JV" G. Ejercito: led-up priority measure. asr-001819 01:56:14.740 --> 01:56:16.780 Senator Joseph Victor "JV" G. Ejercito: I'm hoping, Sek, that this will become asr-001820 01:56:16.780 --> 01:56:18.520 Senator Joseph Victor "JV" G. Ejercito: the blueprint of our, that will be our asr-001821 01:56:18.520 --> 01:56:20.440 Senator Joseph Victor "JV" G. Ejercito: direction in the future. So, asr-001822 01:56:20.440 --> 01:56:21.540 Senator Joseph Victor "JV" G. Ejercito: thank you for asr-001823 01:56:21.540 --> 01:56:24.500 Senator Joseph Victor "JV" G. Ejercito: in advance for your support. So, yun asr-001824 01:56:24.500 --> 01:56:25.280 Senator Joseph Victor "JV" G. Ejercito: ang natin, no? asr-001825 01:56:26.180 --> 01:56:28.880 Senator Joseph Victor "JV" G. Ejercito: Parang we have been, we have under-invested asr-001826 01:56:28.880 --> 01:56:30.400 Senator Joseph Victor "JV" G. Ejercito: in infrastructure and asr-001827 01:56:30.400 --> 01:56:31.900 Senator Joseph Victor "JV" G. Ejercito: industries needed to asr-001828 01:56:31.900 --> 01:56:34.660 Senator Joseph Victor "JV" G. Ejercito: grow the economy, hopefully with this asr-001829 01:56:34.660 --> 01:56:36.780 Senator Joseph Victor "JV" G. Ejercito: infrastructure. Kasama rin nito, asr-001830 01:56:36.860 --> 01:56:38.720 Senator Joseph Victor "JV" G. Ejercito: it's not just infrastructure, transport, asr-001831 01:56:39.560 --> 01:56:40.480 Senator Joseph Victor "JV" G. Ejercito: energy, even asr-001832 01:56:40.480 --> 01:56:41.280 Senator Joseph Victor "JV" G. Ejercito: industries, no? asr-001833 01:56:42.380 --> 01:56:44.200 Senator Joseph Victor "JV" G. Ejercito: Will be part of this. So, asr-001834 01:56:45.200 --> 01:56:46.520 Senator Joseph Victor "JV" G. Ejercito: what are the policies to asr-001835 01:56:46.520 --> 01:56:48.580 Senator Joseph Victor "JV" G. Ejercito: maintain fiscal discipline without sacrificing asr-001836 01:56:48.580 --> 01:56:50.660 Senator Joseph Victor "JV" G. Ejercito: infrastructure and asr-001837 01:56:50.660 --> 01:56:51.420 Senator Joseph Victor "JV" G. Ejercito: other investments? asr-001838 01:56:51.540 --> 01:56:53.800 Senator Joseph Victor "JV" G. Ejercito: Will we have, will we asr-001839 01:56:53.800 --> 01:56:56.060 Senator Joseph Victor "JV" G. Ejercito: enforce policies to maintain asr-001840 01:56:56.060 --> 01:56:57.960 Senator Joseph Victor "JV" G. Ejercito: fiscal discipline without sacrificing asr-001841 01:56:57.960 --> 01:56:59.960 Senator Joseph Victor "JV" G. Ejercito: infrastructure and other investments? asr-001842 01:57:12.940 --> 01:57:15.600 Senator Joseph Victor "JV" G. Ejercito: You can couch your answer in asr-001843 01:57:15.600 --> 01:57:17.280 Senator Joseph Victor "JV" G. Ejercito: diplomatic asr-001844 01:57:17.280 --> 01:57:18.400 Senator Joseph Victor "JV" G. Ejercito: language. asr-001845 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 asr-001846 01:57:45.660 --> 01:57:47.860 DOF Secretary Frederick D. Go: pay asr-001847 01:57:47.860 --> 01:57:51.100 DOF Secretary Frederick D. Go: what we are contractually obligated to pay, asr-001848 01:57:51.540 --> 01:57:53.160 DOF Secretary Frederick D. Go: we'll destroy asr-001849 01:57:53.160 --> 01:57:55.540 DOF Secretary Frederick D. Go: our reputation asr-001850 01:57:55.540 --> 01:57:57.480 DOF Secretary Frederick D. Go: and credibility beyond asr-001851 01:57:57.480 --> 01:57:59.660 DOF Secretary Frederick D. Go: repair for asr-001852 01:57:59.660 --> 01:58:01.560 DOF Secretary Frederick D. Go: maybe the next few generations. asr-001853 01:58:02.580 --> 01:58:03.480 DOF Secretary Frederick D. Go: So, interest payments asr-001854 01:58:03.480 --> 01:58:05.280 DOF Secretary Frederick D. Go: is not something that we asr-001855 01:58:05.280 --> 01:58:07.580 DOF Secretary Frederick D. Go: have liberty to asr-001856 01:58:07.580 --> 01:58:09.840 DOF Secretary Frederick D. Go: adjust or to postpone. asr-001857 01:58:11.300 --> 01:58:13.580 DOF Secretary Frederick D. Go: So, if you look at the rest of the budget, asr-001858 01:58:14.580 --> 01:58:17.540 DOF Secretary Frederick D. Go: I will take your advice to couch it as asr-001859 01:58:17.540 --> 01:58:19.080 DOF Secretary Frederick D. Go: diplomatically as possible. asr-001860 01:58:19.080 --> 01:58:21.340 DOF Secretary Frederick D. Go: If you look at the rest of the asr-001861 01:58:21.340 --> 01:58:23.380 DOF Secretary Frederick D. Go: budget of 6.1 trillion asr-001862 01:58:23.380 --> 01:58:23.860 DOF Secretary Frederick D. Go: pesos, asr-001863 01:58:26.860 --> 01:58:29.020 DOF Secretary Frederick D. Go: I think the asr-001864 01:58:29.020 --> 01:58:31.380 DOF Secretary Frederick D. Go: flexibility of asr-001865 01:58:31.380 --> 01:58:33.400 DOF Secretary Frederick D. Go: the national government is getting asr-001866 01:58:33.400 --> 01:58:35.220 DOF Secretary Frederick D. Go: tighter and asr-001867 01:58:35.220 --> 01:58:35.720 DOF Secretary Frederick D. Go: tighter. asr-001868 01:58:36.340 --> 01:58:39.000 DOF Secretary Frederick D. Go: We almost have very asr-001869 01:58:39.000 --> 01:58:40.980 DOF Secretary Frederick D. Go: little room to actually asr-001870 01:58:40.980 --> 01:58:42.600 DOF Secretary Frederick D. Go: maneuver asr-001871 01:58:42.600 --> 01:58:45.120 DOF Secretary Frederick D. Go: within the asr-001872 01:58:45.120 --> 01:58:45.480 DOF Secretary Frederick D. Go: budget. asr-001873 01:58:46.460 --> 01:58:48.340 DOF Secretary Frederick D. Go: A lot of asr-001874 01:58:48.340 --> 01:58:50.880 DOF Secretary Frederick D. Go: budget line items are asr-001875 01:58:50.880 --> 01:58:51.380 DOF Secretary Frederick D. Go: actually asr-001876 01:58:51.380 --> 01:58:54.160 DOF Secretary Frederick D. Go: dictated by legislation asr-001877 01:58:54.160 --> 01:58:56.520 DOF Secretary Frederick D. Go: or earmarked asr-001878 01:58:56.520 --> 01:58:58.080 DOF Secretary Frederick D. Go: or are asr-001879 01:58:58.080 --> 01:59:01.920 DOF Secretary Frederick D. Go: obligated by asr-001880 01:59:01.920 --> 01:59:02.920 DOF Secretary Frederick D. Go: law. asr-001881 01:59:04.020 --> 01:59:06.160 DOF Secretary Frederick D. Go: And it's becoming more and more asr-001882 01:59:06.160 --> 01:59:06.720 DOF Secretary Frederick D. Go: difficult asr-001883 01:59:06.720 --> 01:59:10.160 DOF Secretary Frederick D. Go: for, and it will become asr-001884 01:59:10.160 --> 01:59:12.200 DOF Secretary Frederick D. Go: even more difficult for future asr-001885 01:59:12.200 --> 01:59:14.060 DOF Secretary Frederick D. Go: administrations asr-001886 01:59:14.060 --> 01:59:16.260 DOF Secretary Frederick D. Go: to move asr-001887 01:59:16.260 --> 01:59:17.780 DOF Secretary Frederick D. Go: around the fiscal space. asr-001888 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, asr-001889 01:59:29.920 --> 01:59:33.000 Senator Francis Kiko Pangilinan: better tax asr-001890 01:59:33.000 --> 01:59:34.600 Senator Francis Kiko Pangilinan: take, etc. asr-001891 01:59:34.840 --> 01:59:36.100 Senator Francis Kiko Pangilinan: will help create asr-001892 01:59:36.100 --> 01:59:38.740 Senator Francis Kiko Pangilinan: the environment asr-001893 01:59:38.740 --> 01:59:41.080 Senator Francis Kiko Pangilinan: that will give you more fiscal space. asr-001894 01:59:43.080 --> 01:59:44.420 Senator Francis Kiko Pangilinan: For example, asr-001895 01:59:45.540 --> 01:59:46.740 Senator Francis Kiko Pangilinan: the foreign direct asr-001896 01:59:46.740 --> 01:59:49.120 Senator Francis Kiko Pangilinan: investments during President Aquino's asr-001897 01:59:49.120 --> 01:59:49.920 Senator Francis Kiko Pangilinan: time was asr-001898 01:59:49.920 --> 01:59:51.840 Senator Francis Kiko Pangilinan: larger than asr-001899 01:59:51.840 --> 01:59:52.820 Senator Francis Kiko Pangilinan: all other asr-001900 01:59:52.820 --> 01:59:55.220 Senator Francis Kiko Pangilinan: administrations prior to him. asr-001901 01:59:56.560 --> 01:59:57.700 Senator Francis Kiko Pangilinan: The data asr-001902 01:59:57.700 --> 01:59:59.100 Senator Francis Kiko Pangilinan: will show that. asr-001903 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. asr-001904 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. asr-001905 02:00:30.000 --> 02:00:33.220 Senator Francis Kiko Pangilinan: So I agree with you, the fiscal space is so tight. asr-001906 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. asr-001907 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. asr-001908 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. asr-001909 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. asr-001910 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. asr-001911 02:01:30.000 --> 02:01:36.120 Senator Francis Kiko Pangilinan: The factors that led to the loss of investors' confidence, among others. asr-001912 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. asr-001913 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? asr-001914 02:02:00.000 --> 02:02:05.240 Senator Francis Kiko Pangilinan: What is it? GDP contribution? 22. asr-001915 02:02:06.880 --> 02:02:11.920 Senator Francis Kiko Pangilinan: And so, 78 percent of GDP is private sector. asr-001916 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. asr-001917 02:02:27.460 --> 02:02:29.460 Senator Francis Kiko Pangilinan: That's why good governance predictability. asr-001918 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. asr-001919 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. asr-001920 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. asr-001921 02:02:56.580 --> 02:02:59.040 Senator Francis Kiko Pangilinan: I'm not, I'm not endorsing. asr-001922 02:03:00.000 --> 02:03:01.660 Senator Francis Kiko Pangilinan: Dictatorship or whatever. asr-001923 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. asr-001924 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. asr-001925 02:03:20.820 --> 02:03:24.860 Senator Francis Kiko Pangilinan: UMNO, I've been around for the last 30 years. asr-001926 02:03:24.860 --> 02:03:26.840 Senator Francis Kiko Pangilinan: South Korea, the same. asr-001927 02:03:26.960 --> 02:03:29.860 Senator Francis Kiko Pangilinan: They had 20 years of consistency in policy, predictability. asr-001928 02:03:30.000 --> 02:03:33.840 Senator Francis Kiko Pangilinan: Thailand, the same, because of the king and continuity. asr-001929 02:03:34.740 --> 02:03:36.700 Senator Francis Kiko Pangilinan: Vietnam, continuity. asr-001930 02:03:39.260 --> 02:03:40.860 Senator Francis Kiko Pangilinan: Taiwan, continuity. asr-001931 02:03:41.980 --> 02:03:47.720 Senator Francis Kiko Pangilinan: Tayo lang yung pagbagong presidente, bagong patakaran, di naman. asr-001932 02:03:48.160 --> 02:03:49.620 Senator Francis Kiko Pangilinan: So, so forth and so on. asr-001933 02:03:49.640 --> 02:03:50.480 Senator Francis Kiko Pangilinan: So, that's a challenge. asr-001934 02:03:51.060 --> 02:03:51.860 Senator Francis Kiko Pangilinan: You know, that's a challenge. asr-001935 02:03:51.980 --> 02:03:58.560 Senator Francis Kiko Pangilinan: But I think these basic interventions of good governance, confidence building, asr-001936 02:03:58.560 --> 02:03:59.560 Senator Francis Kiko Pangilinan: will, will bring. asr-001937 02:04:00.000 --> 02:04:01.100 Senator Francis Kiko Pangilinan: us to a asr-001938 02:04:01.100 --> 02:04:03.180 Senator Francis Kiko Pangilinan: sweet spot. asr-001939 02:04:03.540 --> 02:04:05.560 Senator Francis Kiko Pangilinan: We used to be the sweet spot of asr-001940 02:04:05.560 --> 02:04:06.880 Senator Francis Kiko Pangilinan: Asia for a time. asr-001941 02:04:07.500 --> 02:04:10.300 Senator Francis Kiko Pangilinan: 6% growth consistently asr-001942 02:04:10.300 --> 02:04:11.380 Senator Francis Kiko Pangilinan: for 6 years. asr-001943 02:04:11.840 --> 02:04:13.780 Senator Francis Kiko Pangilinan: We even hit 7.2% growth. asr-001944 02:04:14.840 --> 02:04:15.960 Senator Francis Kiko Pangilinan: You don't have to reinvent asr-001945 02:04:15.960 --> 02:04:18.000 Senator Francis Kiko Pangilinan: the wheel. Sorry, that's my... asr-001946 02:04:18.720 --> 02:04:20.020 Senator Francis Kiko Pangilinan: So we look forward asr-001947 02:04:20.020 --> 02:04:21.740 Senator Francis Kiko Pangilinan: to the next 2 years. asr-001948 02:04:22.220 --> 02:04:24.080 Senator Francis Kiko Pangilinan: The election cycle is coming up. asr-001949 02:04:24.780 --> 02:04:25.960 Senator Francis Kiko Pangilinan: Let's prepare for that asr-001950 02:04:25.960 --> 02:04:28.400 Senator Francis Kiko Pangilinan: and bring good governance asr-001951 02:04:28.400 --> 02:04:30.080 Senator Francis Kiko Pangilinan: front and center asr-001952 02:04:30.080 --> 02:04:31.000 Senator Francis Kiko Pangilinan: in our governance asr-001953 02:04:31.000 --> 02:04:33.580 Senator Francis Kiko Pangilinan: mantra. asr-001954 02:04:34.960 --> 02:04:35.740 Senator Francis Kiko Pangilinan: And we asr-001955 02:04:35.740 --> 02:04:37.740 Senator Francis Kiko Pangilinan: will achieve asr-001956 02:04:37.740 --> 02:04:40.180 Senator Francis Kiko Pangilinan: so much in terms of asr-001957 02:04:40.180 --> 02:04:42.100 Senator Francis Kiko Pangilinan: addressing the lack asr-001958 02:04:42.100 --> 02:04:44.080 Senator Francis Kiko Pangilinan: of fiscal space that asr-001959 02:04:44.080 --> 02:04:44.700 Senator Francis Kiko Pangilinan: we have now. asr-001960 02:04:45.740 --> 02:04:47.780 DOF Secretary Frederick D. Go: Sir Chair, asr-001961 02:04:48.060 --> 02:04:49.340 DOF Secretary Frederick D. Go: 30-second response. asr-001962 02:04:49.980 --> 02:04:52.000 DOF Secretary Frederick D. Go: I agree with you, Mr. Senator, which is asr-001963 02:04:52.000 --> 02:04:54.000 DOF Secretary Frederick D. Go: exactly why I spent the better part asr-001964 02:04:54.000 --> 02:04:55.640 DOF Secretary Frederick D. Go: of my first 3 years in government asr-001965 02:04:55.640 --> 02:04:58.120 DOF Secretary Frederick D. Go: trying to attract investments asr-001966 02:04:58.120 --> 02:04:59.620 DOF Secretary Frederick D. Go: and creating an environment asr-001967 02:04:59.620 --> 02:05:02.040 DOF Secretary Frederick D. Go: conducive for doing business. asr-001968 02:05:02.160 --> 02:05:03.360 DOF Secretary Frederick D. Go: So I totally agree with you. asr-001969 02:05:03.920 --> 02:05:05.760 DOF Secretary Frederick D. Go: I would just like to say that I was asr-001970 02:05:05.760 --> 02:05:07.420 DOF Secretary Frederick D. Go: responding directly asr-001971 02:05:07.420 --> 02:05:09.540 DOF Secretary Frederick D. Go: to the Chair's comment of asr-001972 02:05:09.540 --> 02:05:11.520 DOF Secretary Frederick D. Go: why can't we spend 5% asr-001973 02:05:11.520 --> 02:05:14.220 DOF Secretary Frederick D. Go: of GDP for infrastructure. asr-001974 02:05:14.220 --> 02:05:16.360 DOF Secretary Frederick D. Go: I was just explaining the tight asr-001975 02:05:16.360 --> 02:05:18.220 DOF Secretary Frederick D. Go: space asr-001976 02:05:18.780 --> 02:05:20.180 DOF Secretary Frederick D. Go: in the expenditure side asr-001977 02:05:20.180 --> 02:05:22.220 DOF Secretary Frederick D. Go: which limits the asr-001978 02:05:22.220 --> 02:05:24.480 DOF Secretary Frederick D. Go: percentage of the budget asr-001979 02:05:24.480 --> 02:05:25.980 DOF Secretary Frederick D. Go: that can be allocated asr-001980 02:05:25.980 --> 02:05:27.800 DOF Secretary Frederick D. Go: to infrastructure. asr-001981 02:05:28.120 --> 02:05:29.520 Senator Francis Kiko Pangilinan: In fact, if I may just asr-001982 02:05:29.520 --> 02:05:31.700 Senator Francis Kiko Pangilinan: I remember in my first term asr-001983 02:05:31.700 --> 02:05:33.800 Senator Francis Kiko Pangilinan: the budget of the Department asr-001984 02:05:33.800 --> 02:05:35.560 Senator Francis Kiko Pangilinan: of Public Works was about asr-001985 02:05:35.560 --> 02:05:38.040 Senator Francis Kiko Pangilinan: 160 billion. asr-001986 02:05:40.240 --> 02:05:42.060 Senator Francis Kiko Pangilinan: And that's why asr-001987 02:05:42.060 --> 02:05:44.040 Senator Francis Kiko Pangilinan: we had to have EVAT and all that asr-001988 02:05:44.040 --> 02:05:46.200 Senator Francis Kiko Pangilinan: because we didn't have asr-001989 02:05:46.200 --> 02:05:49.560 Senator Francis Kiko Pangilinan: the space asr-001990 02:05:49.560 --> 02:05:51.480 Senator Francis Kiko Pangilinan: to spend on infrastructure. asr-001991 02:05:51.680 --> 02:05:53.720 Senator Francis Kiko Pangilinan: Today, ano na ba ang budget ng asr-001992 02:05:53.720 --> 02:05:55.880 Senator Francis Kiko Pangilinan: Public Works today? It's about over asr-001993 02:05:55.880 --> 02:05:57.840 Senator Francis Kiko Pangilinan: a trillion or asr-001994 02:05:57.840 --> 02:05:59.380 Senator Francis Kiko Pangilinan: hitting a trillion. So that's asr-001995 02:05:59.380 --> 02:06:02.000 Senator Francis Kiko Pangilinan: 7 to 10 times asr-001996 02:06:02.000 --> 02:06:03.040 Senator Francis Kiko Pangilinan: more than it was asr-001997 02:06:03.040 --> 02:06:05.560 Senator Francis Kiko Pangilinan: 20 years ago. asr-001998 02:06:06.440 --> 02:06:07.800 Senator Francis Kiko Pangilinan: So, you know, asr-001999 02:06:08.060 --> 02:06:09.280 Senator Francis Kiko Pangilinan: we should be able to do asr-002000 02:06:09.280 --> 02:06:11.940 Senator Francis Kiko Pangilinan: for me, of course, my bias is agriculture. asr-002001 02:06:12.460 --> 02:06:14.120 Senator Francis Kiko Pangilinan: If we were able to bring asr-002002 02:06:14.120 --> 02:06:15.920 Senator Francis Kiko Pangilinan: 7-fold increase asr-002003 02:06:15.920 --> 02:06:17.460 Senator Francis Kiko Pangilinan: in the infrastructure budget asr-002004 02:06:17.460 --> 02:06:20.120 Senator Francis Kiko Pangilinan: in 20 years, asr-002005 02:06:20.200 --> 02:06:21.560 Senator Francis Kiko Pangilinan: we should be able to do the same. asr-002006 02:06:21.720 --> 02:06:23.680 Senator Francis Kiko Pangilinan: 7-fold increase in the agribudget asr-002007 02:06:23.680 --> 02:06:26.360 Senator Francis Kiko Pangilinan: in the next 10-15 years. asr-002008 02:06:27.100 --> 02:06:27.820 Senator Francis Kiko Pangilinan: But you're right. asr-002009 02:06:27.840 --> 02:06:29.600 Senator Francis Kiko Pangilinan: You know, that will require asr-002010 02:06:29.600 --> 02:06:31.700 Senator Francis Kiko Pangilinan: confidence asr-002011 02:06:31.700 --> 02:06:34.000 Senator Francis Kiko Pangilinan: in the asr-002012 02:06:34.000 --> 02:06:35.360 Senator Francis Kiko Pangilinan: economy and asr-002013 02:06:35.360 --> 02:06:36.960 Senator Francis Kiko Pangilinan: investor confidence asr-002014 02:06:36.960 --> 02:06:39.680 Senator Francis Kiko Pangilinan: and creating more jobs. asr-002015 02:06:43.120 --> 02:06:43.880 Senator Joseph Victor "JV" G. Ejercito: Yes. asr-002016 02:06:44.920 --> 02:06:45.680 Senator Joseph Victor "JV" G. Ejercito: Anyway, asr-002017 02:06:45.860 --> 02:06:47.720 Senator Joseph Victor "JV" G. Ejercito: that's the reason why I'm really pushing for asr-002018 02:06:47.720 --> 02:06:50.220 Senator Joseph Victor "JV" G. Ejercito: the Master Plan asr-002019 02:06:50.220 --> 02:06:51.400 Senator Joseph Victor "JV" G. Ejercito: for Infrastructure and National Development. asr-002020 02:06:51.560 --> 02:06:53.120 Senator Joseph Victor "JV" G. Ejercito: Aside from the asr-002021 02:06:53.120 --> 02:06:55.840 Senator Joseph Victor "JV" G. Ejercito: things that the Center asr-002022 02:06:55.840 --> 02:06:57.440 Senator Joseph Victor "JV" G. Ejercito: Pangilin measured or what asr-002023 02:06:57.440 --> 02:06:57.840 Senator Joseph Victor "JV" G. Ejercito: should be asr-002024 02:06:57.840 --> 02:06:59.420 Senator Joseph Victor "JV" G. Ejercito: done, is that asr-002025 02:06:59.420 --> 02:07:02.020 Senator Joseph Victor "JV" G. Ejercito: we have to aim for asr-002026 02:07:02.020 --> 02:07:04.440 Senator Joseph Victor "JV" G. Ejercito: we have to aim for asr-002027 02:07:04.440 --> 02:07:05.380 Senator Joseph Victor "JV" G. Ejercito: job generation. asr-002028 02:07:05.900 --> 02:07:07.820 Senator Joseph Victor "JV" G. Ejercito: We have to stimulate economic growth asr-002029 02:07:07.820 --> 02:07:08.340 Senator Joseph Victor "JV" G. Ejercito: through asr-002030 02:07:08.340 --> 02:07:11.480 Senator Joseph Victor "JV" G. Ejercito: infrastructure spending asr-002031 02:07:11.480 --> 02:07:14.060 Senator Joseph Victor "JV" G. Ejercito: and massive asr-002032 02:07:14.060 --> 02:07:14.760 Senator Joseph Victor "JV" G. Ejercito: infrastructure. asr-002033 02:07:15.260 --> 02:07:17.900 Senator Joseph Victor "JV" G. Ejercito: The idea is really to spread out the development asr-002034 02:07:17.900 --> 02:07:19.480 Senator Joseph Victor "JV" G. Ejercito: especially to the countrysides asr-002035 02:07:19.480 --> 02:07:22.140 Senator Joseph Victor "JV" G. Ejercito: and stimulate asr-002036 02:07:22.140 --> 02:07:23.180 Senator Joseph Victor "JV" G. Ejercito: economic growth. asr-002037 02:07:23.660 --> 02:07:24.700 Senator Joseph Victor "JV" G. Ejercito: In a nutshell, asr-002038 02:07:24.940 --> 02:07:27.700 Senator Joseph Victor "JV" G. Ejercito: we create growth nodes, asr-002039 02:07:27.840 --> 02:07:29.820 Senator Joseph Victor "JV" G. Ejercito: growth areas in different parts of the country, asr-002040 02:07:30.360 --> 02:07:32.080 Senator Joseph Victor "JV" G. Ejercito: especially with Mindanao Railway System. asr-002041 02:07:32.260 --> 02:07:32.580 Senator Joseph Victor "JV" G. Ejercito: I will go, asr-002042 02:07:33.140 --> 02:07:34.600 Senator Joseph Victor "JV" G. Ejercito: I ask that with DepDev, asr-002043 02:07:34.680 --> 02:07:37.020 Senator Joseph Victor "JV" G. Ejercito: I'm hoping that it will still be pursued because asr-002044 02:07:37.020 --> 02:07:38.780 Senator Joseph Victor "JV" G. Ejercito: Mindanao is the most, asr-002045 02:07:38.900 --> 02:07:40.480 Senator Joseph Victor "JV" G. Ejercito: is the most, asr-002046 02:07:41.100 --> 02:07:42.700 Senator Joseph Victor "JV" G. Ejercito: is the richest among the islands asr-002047 02:07:42.700 --> 02:07:44.980 Senator Joseph Victor "JV" G. Ejercito: and the potential has not been reached. asr-002048 02:07:45.580 --> 02:07:47.020 Senator Joseph Victor "JV" G. Ejercito: Hindi natin na abot yung potential asr-002049 02:07:47.020 --> 02:07:49.340 Senator Joseph Victor "JV" G. Ejercito: ng Mindanao because of the decades of strife. asr-002050 02:07:50.360 --> 02:07:51.580 Senator Joseph Victor "JV" G. Ejercito: Now that we have asr-002051 02:07:51.580 --> 02:07:53.200 Senator Joseph Victor "JV" G. Ejercito: the bangsa more organic law now, asr-002052 02:07:53.660 --> 02:07:54.760 Senator Joseph Victor "JV" G. Ejercito: we have a chance for peace, asr-002053 02:07:54.760 --> 02:07:56.460 Senator Joseph Victor "JV" G. Ejercito: but it has to be followed up asr-002054 02:07:56.460 --> 02:07:57.380 Senator Joseph Victor "JV" G. Ejercito: with, asr-002055 02:07:57.840 --> 02:07:59.020 Senator Joseph Victor "JV" G. Ejercito: economic development. asr-002056 02:08:00.360 --> 02:08:01.700 Senator Joseph Victor "JV" G. Ejercito: But we need investments. asr-002057 02:08:01.880 --> 02:08:03.580 Senator Joseph Victor "JV" G. Ejercito: We need to pursue the Mindanao Railway asr-002058 02:08:03.580 --> 02:08:04.760 Senator Joseph Victor "JV" G. Ejercito: because I believe that asr-002059 02:08:04.760 --> 02:08:06.900 Senator Joseph Victor "JV" G. Ejercito: yung po-secessionist movement asr-002060 02:08:06.900 --> 02:08:09.080 Senator Joseph Victor "JV" G. Ejercito: in the central and the western asr-002061 02:08:09.080 --> 02:08:10.080 Senator Joseph Victor "JV" G. Ejercito: and then the asr-002062 02:08:10.080 --> 02:08:12.920 Senator Joseph Victor "JV" G. Ejercito: insurgency in the eastern side. asr-002063 02:08:13.700 --> 02:08:14.640 Senator Joseph Victor "JV" G. Ejercito: But if you have the railway asr-002064 02:08:14.640 --> 02:08:15.540 Senator Joseph Victor "JV" G. Ejercito: and the infrastructure, asr-002065 02:08:16.080 --> 02:08:17.800 Senator Joseph Victor "JV" G. Ejercito: we develop these areas, asr-002066 02:08:17.940 --> 02:08:18.880 Senator Joseph Victor "JV" G. Ejercito: create growth nodes asr-002067 02:08:18.880 --> 02:08:21.580 Senator Joseph Victor "JV" G. Ejercito: and create jobs and opportunities. asr-002068 02:08:21.920 --> 02:08:22.300 Senator Joseph Victor "JV" G. Ejercito: Parang, you know, asr-002069 02:08:22.860 --> 02:08:23.600 Senator Joseph Victor "JV" G. Ejercito: I think in the end, asr-002070 02:08:23.700 --> 02:08:25.000 Senator Joseph Victor "JV" G. Ejercito: we have to strive asr-002071 02:08:25.000 --> 02:08:26.620 Senator Joseph Victor "JV" G. Ejercito: to create jobs asr-002072 02:08:26.620 --> 02:08:27.360 Senator Joseph Victor "JV" G. Ejercito: in the, asr-002073 02:08:27.840 --> 02:08:30.040 Senator Joseph Victor "JV" G. Ejercito: investments that would generate jobs asr-002074 02:08:30.040 --> 02:08:30.720 Senator Joseph Victor "JV" G. Ejercito: and opportunities asr-002075 02:08:30.720 --> 02:08:33.860 Senator Joseph Victor "JV" G. Ejercito: because we cannot go on, asr-002076 02:08:35.280 --> 02:08:37.440 Senator Joseph Victor "JV" G. Ejercito: hindi naman tayo pwedeng magdepende asr-002077 02:08:37.440 --> 02:08:37.860 Senator Joseph Victor "JV" G. Ejercito: sa ayuda, asr-002078 02:08:37.980 --> 02:08:38.620 Senator Joseph Victor "JV" G. Ejercito: bumuhay natin. asr-002079 02:08:38.700 --> 02:08:39.540 Senator Joseph Victor "JV" G. Ejercito: This is not sustainable. asr-002080 02:08:40.320 --> 02:08:40.840 Senator Joseph Victor "JV" G. Ejercito: So, asr-002081 02:08:41.620 --> 02:08:41.880 Senator Joseph Victor "JV" G. Ejercito: ayun. asr-002082 02:08:42.440 --> 02:08:43.560 Senator Joseph Victor "JV" G. Ejercito: Anyway, thank you very much asr-002083 02:08:43.560 --> 02:08:44.160 Senator Joseph Victor "JV" G. Ejercito: for the support asr-002084 02:08:44.160 --> 02:08:45.220 Senator Joseph Victor "JV" G. Ejercito: for the master plan asr-002085 02:08:45.220 --> 02:08:46.800 Senator Joseph Victor "JV" G. Ejercito: because that's our target. asr-002086 02:08:47.020 --> 02:08:48.020 Senator Joseph Victor "JV" G. Ejercito: That's our aim really asr-002087 02:08:48.020 --> 02:08:49.760 Senator Joseph Victor "JV" G. Ejercito: is to spread out development asr-002088 02:08:49.760 --> 02:08:51.140 Senator Joseph Victor "JV" G. Ejercito: and create jobs asr-002089 02:08:51.140 --> 02:08:51.840 Senator Joseph Victor "JV" G. Ejercito: and opportunities asr-002090 02:08:51.840 --> 02:08:52.660 Senator Joseph Victor "JV" G. Ejercito: in the long run. asr-002091 02:08:54.040 --> 02:08:54.240 Senator Joseph Victor "JV" G. Ejercito: So, asr-002092 02:08:55.200 --> 02:08:55.500 Senator Joseph Victor "JV" G. Ejercito: yung po, asr-002093 02:08:55.600 --> 02:08:57.120 Senator Joseph Victor "JV" G. Ejercito: siguro sa tech ko, asr-002094 02:08:57.280 --> 02:08:57.400 Senator Joseph Victor "JV" G. Ejercito: I, asr-002095 02:08:57.400 --> 02:08:58.700 Senator Joseph Victor "JV" G. Ejercito: I'd just like to ask, asr-002096 02:08:58.900 --> 02:08:59.780 Senator Joseph Victor "JV" G. Ejercito: we had a problem, asr-002097 02:08:59.960 --> 02:09:01.620 Senator Joseph Victor "JV" G. Ejercito: I know for a fact that Japan asr-002098 02:09:01.620 --> 02:09:03.140 Senator Joseph Victor "JV" G. Ejercito: and JICA brought this asr-002099 02:09:03.140 --> 02:09:04.420 Senator Joseph Victor "JV" G. Ejercito: to the attention of the president asr-002100 02:09:04.420 --> 02:09:05.780 Senator Joseph Victor "JV" G. Ejercito: in his last working visit, asr-002101 02:09:05.940 --> 02:09:06.100 Senator Joseph Victor "JV" G. Ejercito: yung asr-002102 02:09:06.100 --> 02:09:08.100 Senator Joseph Victor "JV" G. Ejercito: our delay in the payments, asr-002103 02:09:08.300 --> 02:09:08.960 Senator Joseph Victor "JV" G. Ejercito: dun sa, asr-002104 02:09:09.080 --> 02:09:09.860 Senator Joseph Victor "JV" G. Ejercito: nagkantay ng delay, asr-002105 02:09:10.000 --> 02:09:12.360 Senator Joseph Victor "JV" G. Ejercito: sa ating foreign assisted, asr-002106 02:09:12.520 --> 02:09:12.740 Senator Joseph Victor "JV" G. Ejercito: sa, asr-002107 02:09:13.560 --> 02:09:14.000 Senator Joseph Victor "JV" G. Ejercito: in particular, asr-002108 02:09:14.120 --> 02:09:14.880 Senator Joseph Victor "JV" G. Ejercito: the NSCR, asr-002109 02:09:15.080 --> 02:09:16.380 Senator Joseph Victor "JV" G. Ejercito: the North-South Commuter Railway asr-002110 02:09:16.380 --> 02:09:17.800 Senator Joseph Victor "JV" G. Ejercito: and the Metro-Manila Subway. asr-002111 02:09:18.640 --> 02:09:19.400 Senator Joseph Victor "JV" G. Ejercito: I think one of the, asr-002112 02:09:19.400 --> 02:09:20.200 Senator Joseph Victor "JV" G. Ejercito: one of the reasons, asr-002113 02:09:20.320 --> 02:09:20.920 Senator Joseph Victor "JV" G. Ejercito: one of the factor, asr-002114 02:09:21.100 --> 02:09:22.240 Senator Joseph Victor "JV" G. Ejercito: one of the reasons asr-002115 02:09:22.240 --> 02:09:23.020 Senator Joseph Victor "JV" G. Ejercito: is the, asr-002116 02:09:23.920 --> 02:09:25.400 Senator Joseph Victor "JV" G. Ejercito: yung GOP portion asr-002117 02:09:25.400 --> 02:09:26.300 Senator Joseph Victor "JV" G. Ejercito: yung payment asr-002118 02:09:26.300 --> 02:09:27.260 Senator Joseph Victor "JV" G. Ejercito: for the foreign assisted, asr-002119 02:09:27.400 --> 02:09:29.000 Senator Joseph Victor "JV" G. Ejercito: was lodged asr-002120 02:09:29.000 --> 02:09:30.420 Senator Joseph Victor "JV" G. Ejercito: under the unprogrammed funds asr-002121 02:09:30.420 --> 02:09:31.680 Senator Joseph Victor "JV" G. Ejercito: for two years. asr-002122 02:09:32.440 --> 02:09:32.580 Senator Joseph Victor "JV" G. Ejercito: And, asr-002123 02:09:32.660 --> 02:09:33.520 Senator Joseph Victor "JV" G. Ejercito: ang nangyari dito, asr-002124 02:09:34.080 --> 02:09:34.960 Senator Joseph Victor "JV" G. Ejercito: we were delayed asr-002125 02:09:34.960 --> 02:09:36.020 Senator Joseph Victor "JV" G. Ejercito: for almost, asr-002126 02:09:36.740 --> 02:09:37.400 Senator Joseph Victor "JV" G. Ejercito: dapat 2020, asr-002127 02:09:37.800 --> 02:09:38.180 Senator Joseph Victor "JV" G. Ejercito: partially, asr-002128 02:09:38.360 --> 02:09:39.320 Senator Joseph Victor "JV" G. Ejercito: as running already asr-002129 02:09:39.320 --> 02:09:40.060 Senator Joseph Victor "JV" G. Ejercito: ang NSCR asr-002130 02:09:40.060 --> 02:09:41.920 Senator Joseph Victor "JV" G. Ejercito: and Metro-Manila Subway. asr-002131 02:09:42.540 --> 02:09:42.760 Senator Joseph Victor "JV" G. Ejercito: Now, asr-002132 02:09:42.880 --> 02:09:43.860 Senator Joseph Victor "JV" G. Ejercito: it's 2032. asr-002133 02:09:44.100 --> 02:09:44.740 Senator Joseph Victor "JV" G. Ejercito: 2032. asr-002134 02:09:44.960 --> 02:09:46.080 Senator Joseph Victor "JV" G. Ejercito: Lahat po kasi na pushback. asr-002135 02:09:46.800 --> 02:09:47.040 Senator Joseph Victor "JV" G. Ejercito: So, asr-002136 02:09:48.160 --> 02:09:49.860 Senator Joseph Victor "JV" G. Ejercito: my question is, asr-002137 02:09:50.220 --> 02:09:51.800 Senator Joseph Victor "JV" G. Ejercito: can you think of any mechanism asr-002138 02:09:51.800 --> 02:09:52.400 Senator Joseph Victor "JV" G. Ejercito: that we can institutionalize asr-002139 02:09:53.160 --> 02:09:53.700 Senator Joseph Victor "JV" G. Ejercito: to protect asr-002140 02:09:53.700 --> 02:09:56.160 Senator Joseph Victor "JV" G. Ejercito: funding for foreign assisted projects? asr-002141 02:09:56.260 --> 02:09:56.860 Senator Joseph Victor "JV" G. Ejercito: Because the more asr-002142 02:09:56.860 --> 02:09:57.640 Senator Joseph Victor "JV" G. Ejercito: we get delayed, asr-002143 02:09:58.320 --> 02:09:59.700 Senator Joseph Victor "JV" G. Ejercito: the higher cost it will be. asr-002144 02:10:00.040 --> 02:10:00.880 Senator Joseph Victor "JV" G. Ejercito: And, it will be, asr-002145 02:10:01.220 --> 02:10:02.260 Senator Joseph Victor "JV" G. Ejercito: madi-delay din yung, asr-002146 02:10:02.260 --> 02:10:04.260 Senator Joseph Victor "JV" G. Ejercito: madi-delay din yung asr-002147 02:10:04.260 --> 02:10:05.440 Senator Joseph Victor "JV" G. Ejercito: operation. asr-002148 02:10:05.860 --> 02:10:07.020 Senator Joseph Victor "JV" G. Ejercito: Especially now that asr-002149 02:10:07.020 --> 02:10:08.460 Senator Joseph Victor "JV" G. Ejercito: nagkaroon pa ng ano, asr-002150 02:10:09.100 --> 02:10:10.180 Senator Joseph Victor "JV" G. Ejercito: ng devaluation. asr-002151 02:10:10.560 --> 02:10:11.000 Senator Joseph Victor "JV" G. Ejercito: Before, asr-002152 02:10:11.140 --> 02:10:12.140 Senator Joseph Victor "JV" G. Ejercito: if I'm not mistaken, asr-002153 02:10:12.300 --> 02:10:13.920 Senator Joseph Victor "JV" G. Ejercito: nasa 40 plus yata yung asr-002154 02:10:13.920 --> 02:10:15.280 Senator Joseph Victor "JV" G. Ejercito: yung peso to dollar. asr-002155 02:10:15.400 --> 02:10:16.240 Senator Joseph Victor "JV" G. Ejercito: Now, it's now 60. asr-002156 02:10:16.720 --> 02:10:17.220 Senator Joseph Victor "JV" G. Ejercito: So, all, asr-002157 02:10:17.380 --> 02:10:18.120 Senator Joseph Victor "JV" G. Ejercito: the more the delay, asr-002158 02:10:18.220 --> 02:10:19.880 Senator Joseph Victor "JV" G. Ejercito: the more it will be costly for us. asr-002159 02:10:20.160 --> 02:10:20.580 Senator Joseph Victor "JV" G. Ejercito: So, any asr-002160 02:10:20.580 --> 02:10:22.580 Senator Joseph Victor "JV" G. Ejercito: mechanism that asr-002161 02:10:22.580 --> 02:10:23.560 Senator Joseph Victor "JV" G. Ejercito: we can institutionalize asr-002162 02:10:23.560 --> 02:10:24.420 Senator Joseph Victor "JV" G. Ejercito: to protect funding asr-002163 02:10:24.420 --> 02:10:25.460 Senator Joseph Victor "JV" G. Ejercito: for the foreign assisted projects? asr-002164 02:10:26.860 --> 02:10:28.040 DOF Secretary Frederick D. Go: Yeah, Mr. Chair. asr-002165 02:10:28.360 --> 02:10:30.080 DOF Secretary Frederick D. Go: I fully agree with you. asr-002166 02:10:30.360 --> 02:10:31.640 DOF Secretary Frederick D. Go: But, I'm now stepping asr-002167 02:10:31.640 --> 02:10:33.080 DOF Secretary Frederick D. Go: into the space of the asr-002168 02:10:33.080 --> 02:10:33.780 DOF Secretary Frederick D. Go: DBM. asr-002169 02:10:34.960 --> 02:10:37.100 DOF Secretary Frederick D. Go: But, I do believe that asr-002170 02:10:37.100 --> 02:10:39.280 DOF Secretary Frederick D. Go: these kinds of projects, asr-002171 02:10:39.400 --> 02:10:40.220 DOF Secretary Frederick D. Go: again, because there's asr-002172 02:10:40.220 --> 02:10:41.560 DOF Secretary Frederick D. Go: our contractual obligations asr-002173 02:10:41.560 --> 02:10:43.180 DOF Secretary Frederick D. Go: entered into by the state, asr-002174 02:10:43.720 --> 02:10:44.780 DOF Secretary Frederick D. Go: they should be in the asr-002175 02:10:44.780 --> 02:10:46.000 DOF Secretary Frederick D. Go: programmed appropriations. asr-002176 02:10:46.140 --> 02:10:47.320 DOF Secretary Frederick D. Go: They should never be allowed asr-002177 02:10:47.320 --> 02:10:48.300 DOF Secretary Frederick D. Go: to be in the asr-002178 02:10:48.300 --> 02:10:49.680 DOF Secretary Frederick D. Go: unprogrammed appropriations. asr-002179 02:10:51.360 --> 02:10:52.300 Senator Joseph Victor "JV" G. Ejercito: That is correct. asr-002180 02:10:53.460 --> 02:10:54.940 Senator Joseph Victor "JV" G. Ejercito: Actually, we are thinking asr-002181 02:10:54.940 --> 02:10:56.220 Senator Joseph Victor "JV" G. Ejercito: if we can do that, asr-002182 02:10:56.860 --> 02:11:01.080 Senator Joseph Victor "JV" G. Ejercito: including the GAA asr-002183 02:11:01.080 --> 02:11:03.340 Senator Joseph Victor "JV" G. Ejercito: that we're studying asr-002184 02:11:03.340 --> 02:11:04.860 Senator Joseph Victor "JV" G. Ejercito: if this can, asr-002185 02:11:05.740 --> 02:11:07.600 Senator Joseph Victor "JV" G. Ejercito: our obligations can be asr-002186 02:11:07.600 --> 02:11:10.100 Senator Joseph Victor "JV" G. Ejercito: already automatic appropriations. asr-002187 02:11:10.320 --> 02:11:10.620 Senator Joseph Victor "JV" G. Ejercito: So, you know, asr-002188 02:11:10.780 --> 02:11:12.040 Senator Joseph Victor "JV" G. Ejercito: we don't, asr-002189 02:11:12.040 --> 02:11:15.260 Senator Joseph Victor "JV" G. Ejercito: that we have to honor asr-002190 02:11:15.260 --> 02:11:16.080 Senator Joseph Victor "JV" G. Ejercito: our obligations asr-002191 02:11:16.080 --> 02:11:17.380 Senator Joseph Victor "JV" G. Ejercito: all the time. asr-002192 02:11:17.860 --> 02:11:19.240 Senator Joseph Victor "JV" G. Ejercito: And I will ask this also asr-002193 02:11:19.240 --> 02:11:20.080 Senator Joseph Victor "JV" G. Ejercito: first, asr-002194 02:11:22.200 --> 02:11:25.360 Senator Joseph Victor "JV" G. Ejercito: during the DBM sub-budget. asr-002195 02:11:26.200 --> 02:11:26.840 Senator Joseph Victor "JV" G. Ejercito: With regards, asr-002196 02:11:26.860 --> 02:11:29.080 Senator Joseph Victor "JV" G. Ejercito: I'll take advantage asr-002197 02:11:29.080 --> 02:11:30.100 Senator Joseph Victor "JV" G. Ejercito: while we're still waiting asr-002198 02:11:30.100 --> 02:11:30.780 Senator Joseph Victor "JV" G. Ejercito: for the colleagues asr-002199 02:11:30.780 --> 02:11:31.620 Senator Joseph Victor "JV" G. Ejercito: kasi I would want, asr-002200 02:11:32.200 --> 02:11:33.860 Senator Joseph Victor "JV" G. Ejercito: although we want to finish early asr-002201 02:11:33.860 --> 02:11:35.260 Senator Joseph Victor "JV" G. Ejercito: as much as possible, asr-002202 02:11:35.480 --> 02:11:36.140 Senator Joseph Victor "JV" G. Ejercito: if they don't ask, asr-002203 02:11:36.300 --> 02:11:37.440 Senator Joseph Victor "JV" G. Ejercito: problema niyo ito sa plenary. asr-002204 02:11:37.920 --> 02:11:38.940 Senator Joseph Victor "JV" G. Ejercito: We might take longer. asr-002205 02:11:39.400 --> 02:11:40.940 Senator Joseph Victor "JV" G. Ejercito: It's better that they come already asr-002206 02:11:40.940 --> 02:11:43.280 Senator Joseph Victor "JV" G. Ejercito: and raise their concerns asr-002207 02:11:43.280 --> 02:11:45.860 Senator Joseph Victor "JV" G. Ejercito: rather than raise it in plenary. asr-002208 02:11:46.160 --> 02:11:47.340 Senator Joseph Victor "JV" G. Ejercito: Baka umagahin pa tayo dito. asr-002209 02:11:48.240 --> 02:11:49.640 Senator Joseph Victor "JV" G. Ejercito: Anyway, I'd just like to ask asr-002210 02:11:49.640 --> 02:11:51.800 Senator Joseph Victor "JV" G. Ejercito: a few more questions asr-002211 02:11:51.800 --> 02:11:54.320 Senator Joseph Victor "JV" G. Ejercito: with regard to UHC law asr-002212 02:11:54.320 --> 02:11:55.560 Senator Joseph Victor "JV" G. Ejercito: as the principal sponsor asr-002213 02:11:55.560 --> 02:11:56.200 Senator Joseph Victor "JV" G. Ejercito: and author of the asr-002214 02:11:56.200 --> 02:11:56.840 Senator Joseph Victor "JV" G. Ejercito: Universal Health Act. asr-002215 02:11:56.860 --> 02:11:58.460 Senator Joseph Victor "JV" G. Ejercito: Though my priority is asr-002216 02:11:58.460 --> 02:12:00.960 Senator Joseph Victor "JV" G. Ejercito: ensuring every peso asr-002217 02:12:00.960 --> 02:12:02.020 Senator Joseph Victor "JV" G. Ejercito: allocated to healthcare asr-002218 02:12:02.020 --> 02:12:02.940 Senator Joseph Victor "JV" G. Ejercito: directly reduces asr-002219 02:12:02.940 --> 02:12:04.480 Senator Joseph Victor "JV" G. Ejercito: out-of-pocket expenses asr-002220 02:12:04.480 --> 02:12:07.500 Senator Joseph Victor "JV" G. Ejercito: and spending of those in need. asr-002221 02:12:08.440 --> 02:12:09.560 Senator Joseph Victor "JV" G. Ejercito: Based on our asr-002222 02:12:09.560 --> 02:12:11.860 Senator Joseph Victor "JV" G. Ejercito: internal computations asr-002223 02:12:11.860 --> 02:12:12.660 Senator Joseph Victor "JV" G. Ejercito: with the assistance asr-002224 02:12:12.660 --> 02:12:14.580 Senator Joseph Victor "JV" G. Ejercito: of Center P. Cayetano, asr-002225 02:12:15.380 --> 02:12:16.540 Senator Joseph Victor "JV" G. Ejercito: around 300 billion asr-002226 02:12:16.540 --> 02:12:18.060 Senator Joseph Victor "JV" G. Ejercito: in earmarked funds asr-002227 02:12:18.060 --> 02:12:18.900 Senator Joseph Victor "JV" G. Ejercito: intended for asr-002228 02:12:18.900 --> 02:12:19.860 Senator Joseph Victor "JV" G. Ejercito: field health remains asr-002229 02:12:19.860 --> 02:12:20.540 Senator Joseph Victor "JV" G. Ejercito: unreleased. asr-002230 02:12:21.580 --> 02:12:22.960 Senator Joseph Victor "JV" G. Ejercito: Ito po, nasa slide. asr-002231 02:12:24.880 --> 02:12:25.860 Senator Joseph Victor "JV" G. Ejercito: May we first confirm asr-002232 02:12:25.860 --> 02:12:25.900 Senator Joseph Victor "JV" G. Ejercito: may we first confirm asr-002233 02:12:25.900 --> 02:12:26.640 Senator Joseph Victor "JV" G. Ejercito: may we first confirm asr-002234 02:12:26.640 --> 02:12:28.460 Senator Joseph Victor "JV" G. Ejercito: whether that computation asr-002235 02:12:28.460 --> 02:12:29.060 Senator Joseph Victor "JV" G. Ejercito: is correct. asr-002236 02:12:29.180 --> 02:12:29.680 Senator Joseph Victor "JV" G. Ejercito: Galing po tayo asr-002237 02:12:29.680 --> 02:12:30.740 Senator Joseph Victor "JV" G. Ejercito: sa Center P. Cayetano ito. asr-002238 02:12:31.280 --> 02:12:32.840 Senator Joseph Victor "JV" G. Ejercito: Particularly with respect asr-002239 02:12:32.840 --> 02:12:34.180 Senator Joseph Victor "JV" G. Ejercito: to the unreleased share asr-002240 02:12:34.180 --> 02:12:35.560 Senator Joseph Victor "JV" G. Ejercito: of syntax collections, asr-002241 02:12:36.320 --> 02:12:37.400 Senator Joseph Victor "JV" G. Ejercito: earmarked for field health. asr-002242 02:12:38.160 --> 02:12:39.260 Senator Joseph Victor "JV" G. Ejercito: May we also confirm asr-002243 02:12:39.260 --> 02:12:40.020 Senator Joseph Victor "JV" G. Ejercito: the corresponding asr-002244 02:12:40.020 --> 02:12:41.180 Senator Joseph Victor "JV" G. Ejercito: unreleased earmarked asr-002245 02:12:41.180 --> 02:12:42.320 Senator Joseph Victor "JV" G. Ejercito: revenues from PCSO asr-002246 02:12:42.320 --> 02:12:42.960 Senator Joseph Victor "JV" G. Ejercito: and PagCorp. asr-002247 02:12:44.100 --> 02:12:45.020 Senator Joseph Victor "JV" G. Ejercito: So yours is the treasurer asr-002248 02:12:45.020 --> 02:12:46.720 Senator Joseph Victor "JV" G. Ejercito: Sharon Almanza? asr-002249 02:12:48.400 --> 02:12:49.780 Senator Joseph Victor "JV" G. Ejercito: Or si Yusef Carl Adriana? asr-002250 02:12:50.220 --> 02:12:51.640 Senator Joseph Victor "JV" G. Ejercito: Kasi tatanungin din ito. asr-002251 02:12:51.760 --> 02:12:53.920 Senator Joseph Victor "JV" G. Ejercito: I received some questions asr-002252 02:12:53.920 --> 02:12:55.520 Senator Joseph Victor "JV" G. Ejercito: so I'd rather ask you now asr-002253 02:12:55.520 --> 02:12:56.500 Senator Joseph Victor "JV" G. Ejercito: so that you can prepare. asr-002254 02:12:56.640 --> 02:12:57.780 DOF Undersecretary Karlo Fermin S. Adriano: Mr. Chair, asr-002255 02:12:58.600 --> 02:12:59.240 DOF Undersecretary Karlo Fermin S. Adriano: yung kumbaga asr-002256 02:12:59.240 --> 02:13:01.140 DOF Undersecretary Karlo Fermin S. Adriano: ang role po ng DOF asr-002257 02:13:01.140 --> 02:13:02.840 DOF Undersecretary Karlo Fermin S. Adriano: with regards to the earmarking asr-002258 02:13:02.840 --> 02:13:04.480 DOF Undersecretary Karlo Fermin S. Adriano: particularly with the syntax asr-002259 02:13:04.480 --> 02:13:06.100 DOF Undersecretary Karlo Fermin S. Adriano: is to certify asr-002260 02:13:06.100 --> 02:13:07.180 DOF Undersecretary Karlo Fermin S. Adriano: the collection asr-002261 02:13:07.180 --> 02:13:09.600 DOF Undersecretary Karlo Fermin S. Adriano: per SYN product. asr-002262 02:13:10.200 --> 02:13:11.400 DOF Undersecretary Karlo Fermin S. Adriano: And then we provide asr-002263 02:13:11.400 --> 02:13:12.380 DOF Undersecretary Karlo Fermin S. Adriano: that certification asr-002264 02:13:12.380 --> 02:13:13.800 DOF Undersecretary Karlo Fermin S. Adriano: to DBM asr-002265 02:13:13.800 --> 02:13:14.800 DOF Undersecretary Karlo Fermin S. Adriano: which will serve asr-002266 02:13:14.800 --> 02:13:15.680 DOF Undersecretary Karlo Fermin S. Adriano: as an input asr-002267 02:13:15.680 --> 02:13:16.720 DOF Undersecretary Karlo Fermin S. Adriano: kung magkano yung asr-002268 02:13:16.720 --> 02:13:17.720 DOF Undersecretary Karlo Fermin S. Adriano: kanilang magiging asr-002269 02:13:17.720 --> 02:13:18.600 DOF Undersecretary Karlo Fermin S. Adriano: proposal asr-002270 02:13:18.600 --> 02:13:20.400 DOF Undersecretary Karlo Fermin S. Adriano: to the field health asr-002271 02:13:20.400 --> 02:13:21.320 DOF Undersecretary Karlo Fermin S. Adriano: among others. asr-002272 02:13:21.840 --> 02:13:22.960 DOF Undersecretary Karlo Fermin S. Adriano: And then ultimately po, asr-002273 02:13:23.220 --> 02:13:24.340 DOF Undersecretary Karlo Fermin S. Adriano: according po kasi doon asr-002274 02:13:24.340 --> 02:13:25.820 DOF Undersecretary Karlo Fermin S. Adriano: sa Universal Healthcare Law, asr-002275 02:13:26.640 --> 02:13:28.320 DOF Undersecretary Karlo Fermin S. Adriano: subject for appropriation asr-002276 02:13:28.320 --> 02:13:29.060 DOF Undersecretary Karlo Fermin S. Adriano: po pa rin asr-002277 02:13:29.060 --> 02:13:30.420 DOF Undersecretary Karlo Fermin S. Adriano: itong mapupunta asr-002278 02:13:30.420 --> 02:13:31.340 DOF Undersecretary Karlo Fermin S. Adriano: sa field health asr-002279 02:13:31.340 --> 02:13:32.380 DOF Undersecretary Karlo Fermin S. Adriano: and others. asr-002280 02:13:32.960 --> 02:13:33.700 DOF Undersecretary Karlo Fermin S. Adriano: So ultimately, asr-002281 02:13:34.160 --> 02:13:35.220 DOF Undersecretary Karlo Fermin S. Adriano: if there is asr-002282 02:13:35.220 --> 02:13:36.340 DOF Undersecretary Karlo Fermin S. Adriano: a difference asr-002283 02:13:36.340 --> 02:13:37.560 DOF Undersecretary Karlo Fermin S. Adriano: between the estimated asr-002284 02:13:37.560 --> 02:13:38.500 DOF Undersecretary Karlo Fermin S. Adriano: earmark asr-002285 02:13:38.500 --> 02:13:40.100 DOF Undersecretary Karlo Fermin S. Adriano: versus what was asr-002286 02:13:40.100 --> 02:13:41.180 DOF Undersecretary Karlo Fermin S. Adriano: appropriated, asr-002287 02:13:42.040 --> 02:13:42.840 DOF Undersecretary Karlo Fermin S. Adriano: technically, asr-002288 02:13:43.260 --> 02:13:43.940 DOF Undersecretary Karlo Fermin S. Adriano: yun po yung ano, asr-002289 02:13:44.660 --> 02:13:45.900 DOF Undersecretary Karlo Fermin S. Adriano: it will be the call asr-002290 02:13:45.900 --> 02:13:47.900 DOF Undersecretary Karlo Fermin S. Adriano: of the legislators asr-002291 02:13:47.900 --> 02:13:49.000 DOF Undersecretary Karlo Fermin S. Adriano: kung magkano po yung asr-002292 02:13:49.000 --> 02:13:50.160 DOF Undersecretary Karlo Fermin S. Adriano: appropriated amounts. asr-002293 02:13:51.560 --> 02:13:52.560 Senator Joseph Victor "JV" G. Ejercito: Kasi medyo ano na eh, asr-002294 02:13:53.180 --> 02:13:54.680 Senator Joseph Victor "JV" G. Ejercito: ito yung earmark asr-002295 02:13:54.680 --> 02:13:55.480 Senator Joseph Victor "JV" G. Ejercito: and supposedly asr-002296 02:13:55.480 --> 02:13:56.600 Senator Joseph Victor "JV" G. Ejercito: these are, asr-002297 02:13:56.640 --> 02:13:57.460 Senator Joseph Victor "JV" G. Ejercito: actually, asr-002298 02:13:57.640 --> 02:13:58.700 Senator Joseph Victor "JV" G. Ejercito: this was already raised asr-002299 02:13:58.700 --> 02:14:00.120 Senator Joseph Victor "JV" G. Ejercito: several times before. asr-002300 02:14:01.160 --> 02:14:03.260 Senator Joseph Victor "JV" G. Ejercito: And that's why I asked asr-002301 02:14:03.260 --> 02:14:04.360 Senator Joseph Victor "JV" G. Ejercito: para at least we can, asr-002302 02:14:05.060 --> 02:14:06.440 Senator Joseph Victor "JV" G. Ejercito: we will be able to asr-002303 02:14:06.440 --> 02:14:07.400 Senator Joseph Victor "JV" G. Ejercito: prepare asr-002304 02:14:07.400 --> 02:14:08.840 Senator Joseph Victor "JV" G. Ejercito: for questions asr-002305 02:14:08.840 --> 02:14:09.700 Senator Joseph Victor "JV" G. Ejercito: from the others, asr-002306 02:14:09.940 --> 02:14:11.040 Senator Joseph Victor "JV" G. Ejercito: from the other centers. asr-002307 02:14:11.200 --> 02:14:11.520 DOF Undersecretary Karlo Fermin S. Adriano: Mr. Chair, asr-002308 02:14:11.560 --> 02:14:12.940 DOF Undersecretary Karlo Fermin S. Adriano: we can provide yun na lang asr-002309 02:14:12.940 --> 02:14:14.440 DOF Undersecretary Karlo Fermin S. Adriano: yung estimated earmark asr-002310 02:14:14.440 --> 02:14:15.380 DOF Undersecretary Karlo Fermin S. Adriano: for field health asr-002311 02:14:15.380 --> 02:14:16.700 DOF Undersecretary Karlo Fermin S. Adriano: and the universal healthcare asr-002312 02:14:16.700 --> 02:14:18.940 DOF Undersecretary Karlo Fermin S. Adriano: by SYN products, sir. asr-002313 02:14:19.520 --> 02:14:20.740 Senator Joseph Victor "JV" G. Ejercito: Yes, please submit asr-002314 02:14:20.740 --> 02:14:21.300 Senator Joseph Victor "JV" G. Ejercito: to the committee. asr-002315 02:14:24.860 --> 02:14:25.460 Senator Joseph Victor "JV" G. Ejercito: Yes, asr-002316 02:14:25.460 --> 02:14:26.600 Senator Joseph Victor "JV" G. Ejercito: sa katay, asr-002317 02:14:26.640 --> 02:14:27.920 DOF Secretary Frederick D. Go: Mr. Chair, asr-002318 02:14:28.080 --> 02:14:28.980 DOF Secretary Frederick D. Go: this is an example asr-002319 02:14:28.980 --> 02:14:29.740 DOF Secretary Frederick D. Go: of an earmark. asr-002320 02:14:30.740 --> 02:14:31.160 DOF Secretary Frederick D. Go: Hence, asr-002321 02:14:32.180 --> 02:14:32.840 DOF Secretary Frederick D. Go: it squeezes asr-002322 02:14:32.840 --> 02:14:34.020 DOF Secretary Frederick D. Go: the fiscal space asr-002323 02:14:34.020 --> 02:14:34.860 DOF Secretary Frederick D. Go: out of everybody. asr-002324 02:14:36.200 --> 02:14:37.140 DOF Secretary Frederick D. Go: I have nothing against it asr-002325 02:14:37.140 --> 02:14:37.700 DOF Secretary Frederick D. Go: for the record. asr-002326 02:14:37.820 --> 02:14:38.420 DOF Secretary Frederick D. Go: I'm just giving it asr-002327 02:14:38.420 --> 02:14:39.400 DOF Secretary Frederick D. Go: that this is an example asr-002328 02:14:39.400 --> 02:14:40.660 DOF Secretary Frederick D. Go: of what I mentioned earlier, asr-002329 02:14:41.480 --> 02:14:42.040 DOF Secretary Frederick D. Go: an earmark. asr-002330 02:14:43.060 --> 02:14:43.080 DOF Secretary Frederick D. Go: So, asr-002331 02:14:43.300 --> 02:14:44.080 Senator Joseph Victor "JV" G. Ejercito: it decreases asr-002332 02:14:44.080 --> 02:14:44.920 Senator Joseph Victor "JV" G. Ejercito: the elbow room asr-002333 02:14:44.920 --> 02:14:46.440 Senator Joseph Victor "JV" G. Ejercito: of everybody. asr-002334 02:14:46.640 --> 02:14:46.980 Senator Joseph Victor "JV" G. Ejercito: Of everybody. asr-002335 02:14:49.880 --> 02:14:50.920 Senator Joseph Victor "JV" G. Ejercito: I'd just like to ask asr-002336 02:14:50.920 --> 02:14:52.600 Senator Joseph Victor "JV" G. Ejercito: with regards to asr-002337 02:14:52.600 --> 02:14:53.200 Senator Joseph Victor "JV" G. Ejercito: Create More, asr-002338 02:14:53.300 --> 02:14:54.300 Senator Joseph Victor "JV" G. Ejercito: under the Create More Act, asr-002339 02:14:54.380 --> 02:14:55.120 Senator Joseph Victor "JV" G. Ejercito: we streamline asr-002340 02:14:55.120 --> 02:14:56.120 Senator Joseph Victor "JV" G. Ejercito: tax incentives asr-002341 02:14:56.120 --> 02:14:56.620 Senator Joseph Victor "JV" G. Ejercito: to attract asr-002342 02:14:56.620 --> 02:14:58.280 Senator Joseph Victor "JV" G. Ejercito: foreign direct investment. asr-002343 02:14:58.500 --> 02:14:58.820 Senator Joseph Victor "JV" G. Ejercito: However, asr-002344 02:14:58.980 --> 02:14:59.980 Senator Joseph Victor "JV" G. Ejercito: concerns remain. asr-002345 02:15:00.000 --> 02:15:02.660 Senator Joseph Victor "JV" G. Ejercito: regarding leakage of VAT zero asr-002346 02:15:02.660 --> 02:15:04.880 Senator Joseph Victor "JV" G. Ejercito: rated raw materials into the asr-002347 02:15:04.880 --> 02:15:05.580 Senator Joseph Victor "JV" G. Ejercito: local market. asr-002348 02:15:06.420 --> 02:15:08.860 Senator Joseph Victor "JV" G. Ejercito: My question is, is there a joint monitoring asr-002349 02:15:08.860 --> 02:15:10.720 Senator Joseph Victor "JV" G. Ejercito: entity between the DOF, BIR asr-002350 02:15:10.720 --> 02:15:12.680 Senator Joseph Victor "JV" G. Ejercito: and other investment promotion asr-002351 02:15:12.680 --> 02:15:14.620 Senator Joseph Victor "JV" G. Ejercito: agencies that keeps asr-002352 02:15:14.620 --> 02:15:17.060 Senator Joseph Victor "JV" G. Ejercito: tabs in ensuring asr-002353 02:15:17.060 --> 02:15:18.940 Senator Joseph Victor "JV" G. Ejercito: that this incentive won't be asr-002354 02:15:18.940 --> 02:15:19.380 Senator Joseph Victor "JV" G. Ejercito: abused? asr-002355 02:15:25.500 --> 02:15:26.980 DOF Secretary Frederick D. Go: Maybe somebody asr-002356 02:15:26.980 --> 02:15:29.120 DOF Secretary Frederick D. Go: from the revenue collecting agencies can asr-002357 02:15:29.120 --> 02:15:30.920 DOF Secretary Frederick D. Go: shed some light on that. asr-002358 02:15:31.000 --> 02:15:32.760 DOF Secretary Frederick D. Go: But Mr. Chair, I'd like to share something. asr-002359 02:15:34.200 --> 02:15:34.880 DOF Secretary Frederick D. Go: We asr-002360 02:15:34.880 --> 02:15:35.840 DOF Secretary Frederick D. Go: noticed that asr-002361 02:15:35.840 --> 02:15:42.940 DOF Secretary Frederick D. Go: amongst the asr-002362 02:15:42.940 --> 02:15:44.940 DOF Secretary Frederick D. Go: investment promotion agencies, there's asr-002363 02:15:44.940 --> 02:15:46.160 DOF Secretary Frederick D. Go: been a lot of overlap. asr-002364 02:15:47.580 --> 02:15:48.780 DOF Secretary Frederick D. Go: We're trying to asr-002365 02:15:48.780 --> 02:15:50.760 DOF Secretary Frederick D. Go: fix that and we've come to an agreement asr-002366 02:15:50.760 --> 02:15:52.600 DOF Secretary Frederick D. Go: with PESA asr-002367 02:15:52.600 --> 02:15:54.840 DOF Secretary Frederick D. Go: that PESA should only focus asr-002368 02:15:54.840 --> 02:15:56.860 DOF Secretary Frederick D. Go: on export-oriented businesses. asr-002369 02:15:57.860 --> 02:15:58.880 DOF Secretary Frederick D. Go: And the Board asr-002370 02:15:58.880 --> 02:16:00.400 DOF Secretary Frederick D. Go: of Investments should asr-002371 02:16:00.400 --> 02:16:02.740 DOF Secretary Frederick D. Go: only focus on domestic asr-002372 02:16:02.740 --> 02:16:04.820 DOF Secretary Frederick D. Go: enterprises. asr-002373 02:16:05.140 --> 02:16:06.680 DOF Secretary Frederick D. Go: I think that will make or allow asr-002374 02:16:06.680 --> 02:16:08.800 DOF Secretary Frederick D. Go: the investment promotion agencies to be asr-002375 02:16:08.800 --> 02:16:09.600 DOF Secretary Frederick D. Go: able to asr-002376 02:16:09.600 --> 02:16:13.060 DOF Secretary Frederick D. Go: police their registered asr-002377 02:16:13.060 --> 02:16:14.820 DOF Secretary Frederick D. Go: business enterprises better. asr-002378 02:16:14.820 --> 02:16:16.880 DOF Secretary Frederick D. Go: And it will also help the Bureau of asr-002379 02:16:16.880 --> 02:16:18.820 DOF Secretary Frederick D. Go: Internal Revenue and the Bureau of Customs asr-002380 02:16:19.760 --> 02:16:21.040 DOF Secretary Frederick D. Go: in also monitoring asr-002381 02:16:21.040 --> 02:16:22.360 DOF Secretary Frederick D. Go: the activities of these asr-002382 02:16:22.360 --> 02:16:25.180 DOF Secretary Frederick D. Go: investment promotion agencies asr-002383 02:16:25.180 --> 02:16:27.040 DOF Secretary Frederick D. Go: to avoid VAT asr-002384 02:16:27.040 --> 02:16:28.680 DOF Secretary Frederick D. Go: leakages and other tax asr-002385 02:16:28.680 --> 02:16:30.640 DOF Secretary Frederick D. Go: leakages. Because when sometimes asr-002386 02:16:30.640 --> 02:16:32.820 DOF Secretary Frederick D. Go: you're inside an exclusive asr-002387 02:16:32.820 --> 02:16:35.420 DOF Secretary Frederick D. Go: territory or an asr-002388 02:16:35.420 --> 02:16:36.520 DOF Secretary Frederick D. Go: exclusive ecozone, asr-002389 02:16:36.920 --> 02:16:39.300 DOF Secretary Frederick D. Go: the idea there is you're generally asr-002390 02:16:39.300 --> 02:16:41.120 DOF Secretary Frederick D. Go: supposed to be an export-oriented asr-002391 02:16:41.120 --> 02:16:43.620 DOF Secretary Frederick D. Go: ecozone, which is why you enjoy asr-002392 02:16:43.620 --> 02:16:45.800 DOF Secretary Frederick D. Go: that separate customs asr-002393 02:16:45.800 --> 02:16:46.420 DOF Secretary Frederick D. Go: border asr-002394 02:16:46.420 --> 02:16:49.100 DOF Secretary Frederick D. Go: privilege. But when asr-002395 02:16:49.100 --> 02:16:51.660 DOF Secretary Frederick D. Go: the ecozone starts allowing domestic asr-002396 02:16:51.660 --> 02:16:53.200 DOF Secretary Frederick D. Go: enterprises to operate asr-002397 02:16:53.200 --> 02:16:55.420 DOF Secretary Frederick D. Go: inside the ecozone, asr-002398 02:16:55.840 --> 02:16:56.880 DOF Secretary Frederick D. Go: it can start asr-002399 02:16:56.880 --> 02:16:58.640 DOF Secretary Frederick D. Go: creating asr-002400 02:16:58.680 --> 02:16:59.440 DOF Secretary Frederick D. Go: leakages. asr-002401 02:17:00.680 --> 02:17:01.520 DOF Secretary Frederick D. Go: But maybe asr-002402 02:17:01.520 --> 02:17:03.140 DOF Secretary Frederick D. Go: either Commissioner? asr-002403 02:17:03.140 --> 02:17:03.880 Senator Joseph Victor "JV" G. Ejercito: Yes, probably asr-002404 02:17:03.880 --> 02:17:06.100 Senator Joseph Victor "JV" G. Ejercito: revenue-generating agencies asr-002405 02:17:06.100 --> 02:17:07.720 Senator Joseph Victor "JV" G. Ejercito: like BIR or asr-002406 02:17:07.720 --> 02:17:08.900 Senator Joseph Victor "JV" G. Ejercito: Commissioner asr-002407 02:17:08.900 --> 02:17:10.960 Senator Joseph Victor "JV" G. Ejercito: Charlito Mendoza. asr-002408 02:17:14.820 --> 02:17:16.020 BIR Commissioner Charlito Martin R. Mendoza: Good afternoon, asr-002409 02:17:16.140 --> 02:17:16.580 BIR Commissioner Charlito Martin R. Mendoza: Mr. Chair. asr-002410 02:17:17.120 --> 02:17:19.740 BIR Commissioner Charlito Martin R. Mendoza: The concern has always been asr-002411 02:17:19.740 --> 02:17:21.120 BIR Commissioner Charlito Martin R. Mendoza: with respect to the BIR asr-002412 02:17:21.120 --> 02:17:23.240 BIR Commissioner Charlito Martin R. Mendoza: when it comes to asr-002413 02:17:23.240 --> 02:17:25.520 BIR Commissioner Charlito Martin R. Mendoza: zero-rated transactions asr-002414 02:17:25.520 --> 02:17:27.140 BIR Commissioner Charlito Martin R. Mendoza: from RBEs asr-002415 02:17:27.140 --> 02:17:28.140 BIR Commissioner Charlito Martin R. Mendoza: is that asr-002416 02:17:28.140 --> 02:17:29.860 BIR Commissioner Charlito Martin R. Mendoza: refund takes time. asr-002417 02:17:30.540 --> 02:17:32.320 BIR Commissioner Charlito Martin R. Mendoza: And we have addressed this asr-002418 02:17:32.320 --> 02:17:34.680 BIR Commissioner Charlito Martin R. Mendoza: substantially over asr-002419 02:17:34.680 --> 02:17:36.780 BIR Commissioner Charlito Martin R. Mendoza: the past several months. asr-002420 02:17:39.680 --> 02:17:40.780 BIR Commissioner Charlito Martin R. Mendoza: Refund now asr-002421 02:17:40.780 --> 02:17:42.600 BIR Commissioner Charlito Martin R. Mendoza: takes only a maximum asr-002422 02:17:42.600 --> 02:17:44.720 BIR Commissioner Charlito Martin R. Mendoza: of 90 days for VAT refund. asr-002423 02:17:45.580 --> 02:17:46.720 BIR Commissioner Charlito Martin R. Mendoza: We are dependent asr-002424 02:17:46.720 --> 02:17:48.760 BIR Commissioner Charlito Martin R. Mendoza: on the certification that is being given asr-002425 02:17:48.760 --> 02:17:51.060 BIR Commissioner Charlito Martin R. Mendoza: to us by the investment promotion agencies. asr-002426 02:17:51.060 --> 02:17:53.340 BIR Commissioner Charlito Martin R. Mendoza: But with respect to the issue asr-002427 02:17:53.340 --> 02:17:55.240 BIR Commissioner Charlito Martin R. Mendoza: on refunds of VAT asr-002428 02:17:55.240 --> 02:17:56.940 BIR Commissioner Charlito Martin R. Mendoza: on zero-rated transactions, asr-002429 02:17:56.940 --> 02:18:00.080 BIR Commissioner Charlito Martin R. Mendoza: the process of the BIR is fast. asr-002430 02:18:00.080 --> 02:18:02.280 BIR Commissioner Charlito Martin R. Mendoza: The timelines that we are following asr-002431 02:18:02.280 --> 02:18:03.020 BIR Commissioner Charlito Martin R. Mendoza: are limited. asr-002432 02:18:03.580 --> 02:18:05.160 BIR Commissioner Charlito Martin R. Mendoza: And when it comes to the documents asr-002433 02:18:05.160 --> 02:18:06.180 BIR Commissioner Charlito Martin R. Mendoza: that need to be submitted, asr-002434 02:18:06.560 --> 02:18:08.380 BIR Commissioner Charlito Martin R. Mendoza: we have substantially reduced that asr-002435 02:18:08.380 --> 02:18:10.540 BIR Commissioner Charlito Martin R. Mendoza: from 30 documents asr-002436 02:18:10.540 --> 02:18:13.080 BIR Commissioner Charlito Martin R. Mendoza: to 9 to 17 documents only. asr-002437 02:18:13.780 --> 02:18:14.500 BIR Commissioner Charlito Martin R. Mendoza: Thank you, Mr. Chair. asr-002438 02:18:19.940 --> 02:18:21.280 Senator Joseph Victor "JV" G. Ejercito: Sikong Ariel, asr-002439 02:18:22.420 --> 02:18:23.620 Senator Joseph Victor "JV" G. Ejercito: before you asr-002440 02:18:23.620 --> 02:18:25.820 Senator Joseph Victor "JV" G. Ejercito: answer, I'd just like to asr-002441 02:18:25.820 --> 02:18:26.920 Senator Joseph Victor "JV" G. Ejercito: acknowledge the presence of asr-002442 02:18:26.920 --> 02:18:27.920 Senator Joseph Victor "JV" G. Ejercito: Senator Joel Villanueva. asr-002443 02:18:27.920 --> 02:18:29.480 Senator Joseph Victor "JV" G. Ejercito: Thank you, sir, for joining us. asr-002444 02:18:29.900 --> 02:18:31.460 Senator Joel Villanueva: Thank you, Mr. Chairman, asr-002445 02:18:31.560 --> 02:18:33.860 Senator Joel Villanueva: just to put on record that I've been here asr-002446 02:18:33.860 --> 02:18:37.460 Senator Joel Villanueva: for quite a long time asr-002447 02:18:37.460 --> 02:18:39.640 Senator Joel Villanueva: as a supporter of the asr-002448 02:18:39.640 --> 02:18:40.960 Senator Joel Villanueva: department, especially asr-002449 02:18:40.960 --> 02:18:42.960 Senator Joel Villanueva: in these times that asr-002450 02:18:42.960 --> 02:18:45.620 Senator Joel Villanueva: we need to asr-002451 02:18:45.620 --> 02:18:47.040 Senator Joel Villanueva: help each other asr-002452 02:18:47.040 --> 02:18:49.020 Senator Joel Villanueva: in this trying time. asr-002453 02:18:49.180 --> 02:18:50.900 Senator Joel Villanueva: So, thank you, Mr. President, asr-002454 02:18:51.100 --> 02:18:53.040 Senator Joel Villanueva: for having me. And, of course, asr-002455 02:18:53.100 --> 02:18:54.260 Senator Joel Villanueva: we welcome and asr-002456 02:18:54.260 --> 02:18:56.600 Senator Joel Villanueva: extend our gratitude asr-002457 02:18:56.600 --> 02:18:58.340 Senator Joel Villanueva: to the men and women asr-002458 02:18:58.340 --> 02:19:00.360 Senator Joel Villanueva: working for asr-002459 02:19:00.360 --> 02:19:02.720 Senator Joel Villanueva: the Department of Finance and its attached agencies, asr-002460 02:19:03.220 --> 02:19:04.320 Senator Joel Villanueva: the Bureau of Customs, asr-002461 02:19:04.380 --> 02:19:06.220 Senator Joel Villanueva: BIR, etc., headed by asr-002462 02:19:06.220 --> 02:19:08.180 Senator Joel Villanueva: Secretary Goh. Thank you, Mr. President. asr-002463 02:19:10.540 --> 02:19:12.080 Senator Joseph Victor "JV" G. Ejercito: Thank you, Senator Villanueva. asr-002464 02:19:13.020 --> 02:19:13.760 Senator Joseph Victor "JV" G. Ejercito: Come again. asr-002465 02:19:15.080 --> 02:19:16.160 BOC Commissioner Ariel F. Nepomuceno: Aligned with what asr-002466 02:19:16.160 --> 02:19:17.900 BOC Commissioner Ariel F. Nepomuceno: Secretary Frederick has mentioned, asr-002467 02:19:18.380 --> 02:19:20.000 BOC Commissioner Ariel F. Nepomuceno: Mr. Chair, while asr-002468 02:19:20.000 --> 02:19:22.040 BOC Commissioner Ariel F. Nepomuceno: BOC is doing asr-002469 02:19:22.040 --> 02:19:23.640 BOC Commissioner Ariel F. Nepomuceno: what it can asr-002470 02:19:23.640 --> 02:19:25.640 BOC Commissioner Ariel F. Nepomuceno: and what we can do asr-002471 02:19:26.600 --> 02:19:28.480 BOC Commissioner Ariel F. Nepomuceno: for us, ensuring that there will be asr-002472 02:19:28.480 --> 02:19:29.920 BOC Commissioner Ariel F. Nepomuceno: no leakages with the asr-002473 02:19:29.920 --> 02:19:31.760 BOC Commissioner Ariel F. Nepomuceno: enterprises or business groups asr-002474 02:19:31.760 --> 02:19:33.360 BOC Commissioner Ariel F. Nepomuceno: inside the economic zones. asr-002475 02:19:33.740 --> 02:19:36.040 BOC Commissioner Ariel F. Nepomuceno: But we recognize that we have asr-002476 02:19:36.040 --> 02:19:38.080 BOC Commissioner Ariel F. Nepomuceno: received reports of possible asr-002477 02:19:38.080 --> 02:19:40.440 BOC Commissioner Ariel F. Nepomuceno: infractions or abuse asr-002478 02:19:40.440 --> 02:19:42.480 BOC Commissioner Ariel F. Nepomuceno: of their privilege inside the economic asr-002479 02:19:42.480 --> 02:19:43.740 BOC Commissioner Ariel F. Nepomuceno: zones. So, in fact, asr-002480 02:19:44.220 --> 02:19:45.940 BOC Commissioner Ariel F. Nepomuceno: we have a list of some companies asr-002481 02:19:45.940 --> 02:19:47.760 BOC Commissioner Ariel F. Nepomuceno: that we are monitoring asr-002482 02:19:47.760 --> 02:19:49.820 BOC Commissioner Ariel F. Nepomuceno: for probable asr-002483 02:19:49.820 --> 02:19:52.000 BOC Commissioner Ariel F. Nepomuceno: violations of their privileges. asr-002484 02:19:52.780 --> 02:19:54.220 BOC Commissioner Ariel F. Nepomuceno: So, I asr-002485 02:19:54.220 --> 02:19:56.220 BOC Commissioner Ariel F. Nepomuceno: fully agree with what Secretary Frederick asr-002486 02:19:56.220 --> 02:19:57.400 BOC Commissioner Ariel F. Nepomuceno: has mentioned, that asr-002487 02:19:57.400 --> 02:19:58.960 BOC Commissioner Ariel F. Nepomuceno: there is some asr-002488 02:19:58.960 --> 02:20:01.720 BOC Commissioner Ariel F. Nepomuceno: possible or potential issues asr-002489 02:20:01.720 --> 02:20:03.860 BOC Commissioner Ariel F. Nepomuceno: with the existence of both domestic asr-002490 02:20:03.860 --> 02:20:06.000 BOC Commissioner Ariel F. Nepomuceno: and foreign enterprises asr-002491 02:20:06.000 --> 02:20:08.020 BOC Commissioner Ariel F. Nepomuceno: doing their operations asr-002492 02:20:08.020 --> 02:20:09.340 BOC Commissioner Ariel F. Nepomuceno: inside the economic zones. asr-002493 02:20:11.300 --> 02:20:13.280 Senator Joseph Victor "JV" G. Ejercito: Yes, Senator Villanueva. asr-002494 02:20:14.260 --> 02:20:15.960 Senator Joel Villanueva: Recently, perhaps, I think asr-002495 02:20:15.960 --> 02:20:17.980 Senator Joel Villanueva: yesterday or two days ago, when I heard asr-002496 02:20:17.980 --> 02:20:20.100 Senator Joel Villanueva: about this news item asr-002497 02:20:20.100 --> 02:20:21.860 Senator Joel Villanueva: that happened in my beloved province asr-002498 02:20:21.860 --> 02:20:22.780 Senator Joel Villanueva: in Bulacan, asr-002499 02:20:23.320 --> 02:20:25.860 Senator Joel Villanueva: may nasabat po na ilalim, asr-002500 02:20:26.220 --> 02:20:27.280 Senator Joel Villanueva: na toneto nila adang asr-002501 02:20:27.280 --> 02:20:30.460 Senator Joel Villanueva: meat, I think chicken, asr-002502 02:20:30.780 --> 02:20:33.040 Senator Joel Villanueva: na inilabas po. asr-002503 02:20:33.440 --> 02:20:34.560 Senator Joel Villanueva: And unfortunately, asr-002504 02:20:34.920 --> 02:20:36.980 Senator Joel Villanueva: ito daw po ay nahuli na asr-002505 02:20:36.980 --> 02:20:38.840 Senator Joel Villanueva: ng Bureau of Customs. asr-002506 02:20:39.280 --> 02:20:40.860 Senator Joel Villanueva: And then from your own asr-002507 02:20:40.860 --> 02:20:42.200 Senator Joel Villanueva: warehouse, asr-002508 02:20:42.940 --> 02:20:44.540 Senator Joel Villanueva: o kung saan man tinatago asr-002509 02:20:44.540 --> 02:20:46.940 Senator Joel Villanueva: storage ito, nailabas pa asr-002510 02:20:46.940 --> 02:20:49.420 Senator Joel Villanueva: at munti ka na pong asr-002511 02:20:49.420 --> 02:20:51.040 Senator Joel Villanueva: maibenta. Buti na lang din na asr-002512 02:20:51.040 --> 02:20:52.600 Senator Joel Villanueva: nasabat, Mr. Chairman, dun po sa asr-002513 02:20:52.600 --> 02:20:53.700 Senator Joel Villanueva: Santa Maria, Bulacan. asr-002514 02:20:54.400 --> 02:20:55.860 Senator Joel Villanueva: And, syempre, naging asr-002515 02:20:56.220 --> 02:20:57.900 Senator Joel Villanueva: nag-worry po tayo, puro asr-002516 02:20:57.900 --> 02:21:00.360 Senator Joel Villanueva: yung buong lahi po natin, taga Bulacan. asr-002517 02:21:00.760 --> 02:21:02.480 Senator Joel Villanueva: Can you imagine kung ang nabentahan asr-002518 02:21:02.480 --> 02:21:03.820 Senator Joel Villanueva: ay mga kamag-anak mo. asr-002519 02:21:04.680 --> 02:21:06.320 Senator Joel Villanueva: But, of course, we are asr-002520 02:21:06.320 --> 02:21:07.340 Senator Joel Villanueva: not here to asr-002521 02:21:07.340 --> 02:21:10.640 Senator Joel Villanueva: you know, we wanted asr-002522 02:21:10.640 --> 02:21:12.600 Senator Joel Villanueva: to make sure that our system works. asr-002523 02:21:12.860 --> 02:21:14.400 Senator Joel Villanueva: I mean, if that is really asr-002524 02:21:14.400 --> 02:21:16.380 Senator Joel Villanueva: the case, I mean, asr-002525 02:21:17.160 --> 02:21:18.820 Senator Joel Villanueva: it's alarming, Mr. President, asr-002526 02:21:19.020 --> 02:21:20.400 Senator Joel Villanueva: na nandun na po sa storage, asr-002527 02:21:20.960 --> 02:21:22.780 Senator Joel Villanueva: may kakontsaba, nailabas pa rin. asr-002528 02:21:23.660 --> 02:21:24.640 Senator Joel Villanueva: And then, gusto pong asr-002529 02:21:24.640 --> 02:21:26.200 Senator Joel Villanueva: maibenta. So, kung hindi po nasa asr-002530 02:21:26.220 --> 02:21:27.180 Senator Joel Villanueva: batun, Mr. President, asr-002531 02:21:28.000 --> 02:21:29.400 Senator Joel Villanueva: mabibenta pa, Mr. President. asr-002532 02:21:29.600 --> 02:21:32.120 Senator Joel Villanueva: And, of course, yung next question asr-002533 02:21:32.120 --> 02:21:32.660 Senator Joel Villanueva: dyan is, asr-002534 02:21:34.660 --> 02:21:36.480 Senator Joel Villanueva: pwede palang mangyari ito, asr-002535 02:21:36.540 --> 02:21:38.860 Senator Joel Villanueva: Mr. Chairman, nakaka-alarma asr-002536 02:21:38.860 --> 02:21:40.500 Senator Joel Villanueva: din. So, I hope na asr-002537 02:21:40.500 --> 02:21:42.700 Senator Joel Villanueva: we're really looking into this. asr-002538 02:21:42.900 --> 02:21:44.200 Senator Joel Villanueva: And, I heard asr-002539 02:21:44.200 --> 02:21:45.740 Senator Joel Villanueva: from some asr-002540 02:21:45.740 --> 02:21:48.160 Senator Joel Villanueva: news reports also that I think asr-002541 02:21:48.160 --> 02:21:50.340 Senator Joel Villanueva: the Commissioner already stated that asr-002542 02:21:50.340 --> 02:21:52.480 Senator Joel Villanueva: heads will roll and they are asr-002543 02:21:52.480 --> 02:21:54.620 Senator Joel Villanueva: into this. At parang may idea asr-002544 02:21:54.620 --> 02:21:55.780 Senator Joel Villanueva: na po kayo. Can you just, asr-002545 02:21:56.220 --> 02:21:58.100 Senator Joel Villanueva: brief us, sir, of what happened? asr-002546 02:21:58.160 --> 02:22:00.180 Senator Joel Villanueva: But, of course, I commend also asr-002547 02:22:00.180 --> 02:22:01.760 Senator Joel Villanueva: the men and women behind this asr-002548 02:22:01.760 --> 02:22:04.840 Senator Joel Villanueva: operation na mahuli po sila. asr-002549 02:22:05.080 --> 02:22:05.540 Senator Joel Villanueva: Salamat po. asr-002550 02:22:06.980 --> 02:22:08.520 BOC Commissioner Ariel F. Nepomuceno: Mr. Chair, Your Honor, asr-002551 02:22:08.720 --> 02:22:10.120 BOC Commissioner Ariel F. Nepomuceno: tagaanggat din po ako, asr-002552 02:22:11.420 --> 02:22:13.060 BOC Commissioner Ariel F. Nepomuceno: Mr. Senator. asr-002553 02:22:14.840 --> 02:22:16.500 BOC Commissioner Ariel F. Nepomuceno: Hindi po dapat mangyari po yun. asr-002554 02:22:16.600 --> 02:22:17.480 BOC Commissioner Ariel F. Nepomuceno: That's the big answer. asr-002555 02:22:18.160 --> 02:22:20.040 BOC Commissioner Ariel F. Nepomuceno: So, but we have already explained asr-002556 02:22:20.040 --> 02:22:22.200 BOC Commissioner Ariel F. Nepomuceno: earlier that one of asr-002557 02:22:22.200 --> 02:22:24.380 BOC Commissioner Ariel F. Nepomuceno: the many asr-002558 02:22:24.380 --> 02:22:26.100 BOC Commissioner Ariel F. Nepomuceno: problems that we have inherited, asr-002559 02:22:26.220 --> 02:22:28.200 BOC Commissioner Ariel F. Nepomuceno: is inherited, is the asr-002560 02:22:28.200 --> 02:22:29.280 BOC Commissioner Ariel F. Nepomuceno: weakness of this asr-002561 02:22:29.280 --> 02:22:32.080 BOC Commissioner Ariel F. Nepomuceno: condemnation option of the asr-002562 02:22:32.080 --> 02:22:33.980 BOC Commissioner Ariel F. Nepomuceno: Bureau of Customs to be done really properly. asr-002563 02:22:34.200 --> 02:22:36.120 BOC Commissioner Ariel F. Nepomuceno: Ganto po yun eh. Yung mga nasabat asr-002564 02:22:36.120 --> 02:22:38.120 BOC Commissioner Ariel F. Nepomuceno: po natin ng mga smuggled goods na asr-002565 02:22:38.120 --> 02:22:40.440 BOC Commissioner Ariel F. Nepomuceno: dapat sisirain, for example, cigarettes, asr-002566 02:22:41.560 --> 02:22:44.060 BOC Commissioner Ariel F. Nepomuceno: agricultural products na asr-002567 02:22:44.060 --> 02:22:45.940 BOC Commissioner Ariel F. Nepomuceno: hindi na fit for human consumption, asr-002568 02:22:46.400 --> 02:22:48.080 BOC Commissioner Ariel F. Nepomuceno: dapat sirain yan doon sa mga asr-002569 02:22:48.080 --> 02:22:49.240 BOC Commissioner Ariel F. Nepomuceno: condemnation facilities. asr-002570 02:22:49.920 --> 02:22:52.260 BOC Commissioner Ariel F. Nepomuceno: The weaknesses that asr-002571 02:22:52.260 --> 02:22:53.800 BOC Commissioner Ariel F. Nepomuceno: we have identified are two. asr-002572 02:22:53.800 --> 02:22:54.880 BOC Commissioner Ariel F. Nepomuceno: Mainly one, asr-002573 02:22:54.880 --> 02:22:56.580 BOC Commissioner Ariel F. Nepomuceno: we don't have, asr-002574 02:22:56.780 --> 02:22:58.660 BOC Commissioner Ariel F. Nepomuceno: unlike in other countries, we don't have asr-002575 02:22:58.660 --> 02:23:00.560 BOC Commissioner Ariel F. Nepomuceno: our own condemnation asr-002576 02:23:00.560 --> 02:23:02.740 BOC Commissioner Ariel F. Nepomuceno: facility. Therefore, we are dependent asr-002577 02:23:02.740 --> 02:23:04.380 BOC Commissioner Ariel F. Nepomuceno: on the asr-002578 02:23:04.380 --> 02:23:07.180 BOC Commissioner Ariel F. Nepomuceno: private condemnators. asr-002579 02:23:07.440 --> 02:23:08.940 BOC Commissioner Ariel F. Nepomuceno: But the second weakness with this asr-002580 02:23:08.940 --> 02:23:10.700 BOC Commissioner Ariel F. Nepomuceno: is, we don't have, asr-002581 02:23:10.920 --> 02:23:12.580 BOC Commissioner Ariel F. Nepomuceno: ironically, we don't have the budget asr-002582 02:23:12.580 --> 02:23:14.600 BOC Commissioner Ariel F. Nepomuceno: to fund asr-002583 02:23:14.600 --> 02:23:16.580 BOC Commissioner Ariel F. Nepomuceno: such condemnation activities. asr-002584 02:23:17.020 --> 02:23:18.740 BOC Commissioner Ariel F. Nepomuceno: For the longest time, wala pong budget asr-002585 02:23:18.740 --> 02:23:20.160 BOC Commissioner Ariel F. Nepomuceno: ang customs. Therefore, asr-002586 02:23:20.820 --> 02:23:22.120 BOC Commissioner Ariel F. Nepomuceno: it will be a big puzzle. asr-002587 02:23:22.120 --> 02:23:23.920 BOC Commissioner Ariel F. Nepomuceno: What is the motivation asr-002588 02:23:23.920 --> 02:23:24.820 BOC Commissioner Ariel F. Nepomuceno: of asr-002589 02:23:24.880 --> 02:23:25.700 BOC Commissioner Ariel F. Nepomuceno: these condemnators? asr-002590 02:23:26.000 --> 02:23:27.320 BOC Commissioner Ariel F. Nepomuceno: Of course, mayroon naman matitin asr-002591 02:23:27.320 --> 02:23:29.620 BOC Commissioner Ariel F. Nepomuceno: ng condemnators, but that's still a big asr-002592 02:23:29.620 --> 02:23:31.420 BOC Commissioner Ariel F. Nepomuceno: puzzle. But nila gagawin yung asr-002593 02:23:31.420 --> 02:23:34.120 BOC Commissioner Ariel F. Nepomuceno: trabaho na logistic siya, asr-002594 02:23:34.220 --> 02:23:35.420 BOC Commissioner Ariel F. Nepomuceno: nakahakuti nila from asr-002595 02:23:35.420 --> 02:23:37.860 BOC Commissioner Ariel F. Nepomuceno: the warehouses of the Bureau of Customs, asr-002596 02:23:37.940 --> 02:23:39.840 BOC Commissioner Ariel F. Nepomuceno: dadalit sa kanilang condemnation facility, asr-002597 02:23:40.320 --> 02:23:41.280 BOC Commissioner Ariel F. Nepomuceno: may operations po yun. asr-002598 02:23:41.840 --> 02:23:43.940 BOC Commissioner Ariel F. Nepomuceno: So, the logic supposed to be is asr-002599 02:23:43.940 --> 02:23:45.880 BOC Commissioner Ariel F. Nepomuceno: the logic supposed to be asr-002600 02:23:45.880 --> 02:23:47.820 BOC Commissioner Ariel F. Nepomuceno: is for them to be able to salvage asr-002601 02:23:47.820 --> 02:23:49.580 BOC Commissioner Ariel F. Nepomuceno: some value from the asr-002602 02:23:50.340 --> 02:23:52.240 BOC Commissioner Ariel F. Nepomuceno: smuggled products asr-002603 02:23:52.240 --> 02:23:54.160 BOC Commissioner Ariel F. Nepomuceno: that are supposed to be going to be destroyed. asr-002604 02:23:54.880 --> 02:23:56.660 BOC Commissioner Ariel F. Nepomuceno: Nandun po yung temptation asr-002605 02:23:56.660 --> 02:23:59.240 BOC Commissioner Ariel F. Nepomuceno: na we have received asr-002606 02:23:59.240 --> 02:24:00.220 BOC Commissioner Ariel F. Nepomuceno: reports that asr-002607 02:24:00.220 --> 02:24:02.640 BOC Commissioner Ariel F. Nepomuceno: in the past, of course, with your respect asr-002608 02:24:02.640 --> 02:24:05.020 BOC Commissioner Ariel F. Nepomuceno: for the leaders of the BOC asr-002609 02:24:05.020 --> 02:24:07.520 BOC Commissioner Ariel F. Nepomuceno: in the past, nangyayari daw po yung asr-002610 02:24:07.520 --> 02:24:09.080 BOC Commissioner Ariel F. Nepomuceno: sa halit na sirain asr-002611 02:24:09.080 --> 02:24:10.880 BOC Commissioner Ariel F. Nepomuceno: ay mapupunta po ulit sa merkado. asr-002612 02:24:11.340 --> 02:24:13.420 BOC Commissioner Ariel F. Nepomuceno: This is why we became very strict on this. asr-002613 02:24:13.980 --> 02:24:15.560 BOC Commissioner Ariel F. Nepomuceno: We have, for example, asr-002614 02:24:15.880 --> 02:24:16.720 BOC Commissioner Ariel F. Nepomuceno: instructed that asr-002615 02:24:16.720 --> 02:24:18.780 BOC Commissioner Ariel F. Nepomuceno: once these activities will be done, asr-002616 02:24:18.780 --> 02:24:20.440 BOC Commissioner Ariel F. Nepomuceno: dapat meron pong body cameras asr-002617 02:24:20.440 --> 02:24:23.000 BOC Commissioner Ariel F. Nepomuceno: and then in the area where this will be asr-002618 02:24:23.000 --> 02:24:24.720 BOC Commissioner Ariel F. Nepomuceno: destroyed, meron pong asr-002619 02:24:24.720 --> 02:24:26.640 BOC Commissioner Ariel F. Nepomuceno: mga mobile CCTVs asr-002620 02:24:26.640 --> 02:24:28.640 BOC Commissioner Ariel F. Nepomuceno: ensuring that there will be asr-002621 02:24:28.640 --> 02:24:29.860 BOC Commissioner Ariel F. Nepomuceno: no leakages or asr-002622 02:24:29.860 --> 02:24:32.620 BOC Commissioner Ariel F. Nepomuceno: those that will be supposed to be asr-002623 02:24:32.620 --> 02:24:34.340 BOC Commissioner Ariel F. Nepomuceno: destroyed will not end up in the market. asr-002624 02:24:35.080 --> 02:24:36.220 BOC Commissioner Ariel F. Nepomuceno: This is the reason why asr-002625 02:24:36.220 --> 02:24:38.280 BOC Commissioner Ariel F. Nepomuceno: immediately I ordered yesterday asr-002626 02:24:38.280 --> 02:24:39.280 BOC Commissioner Ariel F. Nepomuceno: to asr-002627 02:24:39.280 --> 02:24:42.820 BOC Commissioner Ariel F. Nepomuceno: let those who are supposed to be asr-002628 02:24:42.820 --> 02:24:44.540 BOC Commissioner Ariel F. Nepomuceno: responsible in ensuring asr-002629 02:24:44.540 --> 02:24:46.560 BOC Commissioner Ariel F. Nepomuceno: that there will be no infraction asr-002630 02:24:46.560 --> 02:24:48.680 BOC Commissioner Ariel F. Nepomuceno: or a mistake asr-002631 02:24:48.680 --> 02:24:50.760 BOC Commissioner Ariel F. Nepomuceno: in the operations asr-002632 02:24:50.760 --> 02:24:52.180 BOC Commissioner Ariel F. Nepomuceno: magpapaliwanag sila. asr-002633 02:24:52.480 --> 02:24:54.700 BOC Commissioner Ariel F. Nepomuceno: And we have already relieved some officers' asr-002634 02:24:54.720 --> 02:24:56.300 BOC Commissioner Ariel F. Nepomuceno: in the area and asr-002635 02:24:56.300 --> 02:24:58.640 BOC Commissioner Ariel F. Nepomuceno: hindi lang po asr-002636 02:24:58.640 --> 02:24:59.960 BOC Commissioner Ariel F. Nepomuceno: heads with us. We will really asr-002637 02:24:59.960 --> 02:25:02.400 BOC Commissioner Ariel F. Nepomuceno: sue them in court kung sakasakali asr-002638 02:25:02.400 --> 02:25:04.800 BOC Commissioner Ariel F. Nepomuceno: because may continuing smuggling asr-002639 02:25:04.800 --> 02:25:06.940 BOC Commissioner Ariel F. Nepomuceno: aspect po yan. Once we are able to prove asr-002640 02:25:06.940 --> 02:25:08.660 BOC Commissioner Ariel F. Nepomuceno: that indeed there are asr-002641 02:25:08.660 --> 02:25:10.500 BOC Commissioner Ariel F. Nepomuceno: infractions, not only by the asr-002642 02:25:10.500 --> 02:25:12.700 BOC Commissioner Ariel F. Nepomuceno: personnel of BOC, but including asr-002643 02:25:12.700 --> 02:25:14.520 BOC Commissioner Ariel F. Nepomuceno: yung may-ari at operator asr-002644 02:25:14.520 --> 02:25:16.560 BOC Commissioner Ariel F. Nepomuceno: ng condemnation facility, we will charge asr-002645 02:25:16.560 --> 02:25:18.460 BOC Commissioner Ariel F. Nepomuceno: them with our existing asr-002646 02:25:18.460 --> 02:25:20.260 BOC Commissioner Ariel F. Nepomuceno: CMTA for possible asr-002647 02:25:20.260 --> 02:25:22.360 BOC Commissioner Ariel F. Nepomuceno: smuggling violation. Kasama po yan. asr-002648 02:25:22.360 --> 02:25:24.460 BOC Commissioner Ariel F. Nepomuceno: Ang smuggling di po literal lang po yan asr-002649 02:25:24.460 --> 02:25:26.460 BOC Commissioner Ariel F. Nepomuceno: na pagpasok sa pier. Hanggang sa asr-002650 02:25:26.460 --> 02:25:27.860 BOC Commissioner Ariel F. Nepomuceno: rendering, pwede po yan asr-002651 02:25:27.860 --> 02:25:30.000 BOC Commissioner Ariel F. Nepomuceno: isama sa anti-smuggling asr-002652 02:25:30.000 --> 02:25:30.880 BOC Commissioner Ariel F. Nepomuceno: violation po. asr-002653 02:25:31.880 --> 02:25:34.140 Senator Joel Villanueva: Will it fall also under economic asr-002654 02:25:34.140 --> 02:25:35.120 Senator Joel Villanueva: sabotage? asr-002654-split-2 02:25:35.120 --> 02:25:36.380 BOC Commissioner Ariel F. Nepomuceno: In this case po, hindi asr-002655 02:25:36.380 --> 02:25:38.100 BOC Commissioner Ariel F. Nepomuceno: ho kasi 7 million lang po yung asr-002656 02:25:38.100 --> 02:25:40.300 BOC Commissioner Ariel F. Nepomuceno: value. It's less than the threshold asr-002657 02:25:40.300 --> 02:25:40.940 BOC Commissioner Ariel F. Nepomuceno: of 10 million. asr-002658 02:25:41.940 --> 02:25:44.380 Senator Joel Villanueva: This particular asr-002659 02:25:44.380 --> 02:25:46.620 Senator Joel Villanueva: matter, right now asr-002660 02:25:46.620 --> 02:25:47.920 Senator Joel Villanueva: you have asr-002661 02:25:47.920 --> 02:25:50.300 Senator Joel Villanueva: do you asr-002662 02:25:50.300 --> 02:25:52.780 Senator Joel Villanueva: have condemnation facilities? asr-002663 02:25:53.980 --> 02:25:54.380 Senator Joel Villanueva: Gaano ka asr-002664 02:25:54.460 --> 02:25:56.500 Senator Joel Villanueva: baki? Gaano kadami asr-002665 02:25:56.500 --> 02:25:57.300 Senator Joel Villanueva: yung kailangan? asr-002666 02:25:58.220 --> 02:26:00.000 Senator Joel Villanueva: I mean, I'm just trying to asr-002667 02:26:00.000 --> 02:26:02.320 Senator Joel Villanueva: think of how I could asr-002668 02:26:02.320 --> 02:26:04.600 Senator Joel Villanueva: be of help in any way. I remember the late asr-002669 02:26:04.600 --> 02:26:06.800 Senator Joel Villanueva: Bayani Fernando asr-002670 02:26:06.800 --> 02:26:08.560 Senator Joel Villanueva: nung MMDA siya asr-002671 02:26:08.560 --> 02:26:10.180 Senator Joel Villanueva: brother. Sabi niya, asr-002672 02:26:10.520 --> 02:26:12.220 Senator Joel Villanueva: tinanong ko siya nung one time, sabi ko asr-002673 02:26:12.220 --> 02:26:13.820 Senator Joel Villanueva: bakit pagka yung hinuli mo, asr-002674 02:26:14.460 --> 02:26:16.440 Senator Joel Villanueva: nilalagyan mo ng gasolina, tapos sinisigaan mo asr-002675 02:26:16.440 --> 02:26:18.180 Senator Joel Villanueva: na agad. Ang sabi niya sa akin, asr-002676 02:26:18.280 --> 02:26:20.100 Senator Joel Villanueva: kasi yung mismong mga tauhan ko, asr-002677 02:26:20.100 --> 02:26:22.000 Senator Joel Villanueva: pag hinuli yan, kinuha asr-002678 02:26:22.000 --> 02:26:24.300 Senator Joel Villanueva: yung gamit, bebenta pa asr-002679 02:26:24.300 --> 02:26:25.900 Senator Joel Villanueva: or magkakaroon pa ng pag-iisip. asr-002680 02:26:26.060 --> 02:26:27.820 Senator Joel Villanueva: Kaya, di ba hali ng masayang, asr-002681 02:26:27.920 --> 02:26:30.380 Senator Joel Villanueva: nilalagyan ko na ng gasolina, sinusindihan asr-002682 02:26:30.380 --> 02:26:31.220 Senator Joel Villanueva: ko na agad. So, asr-002683 02:26:31.780 --> 02:26:33.980 Senator Joel Villanueva: importante po yung asr-002684 02:26:33.980 --> 02:26:35.680 Senator Joel Villanueva: condemnation facilities and asr-002685 02:26:35.680 --> 02:26:37.960 Senator Joel Villanueva: yun nga, yung question ko, asr-002686 02:26:38.220 --> 02:26:40.140 Senator Joel Villanueva: ilan, meron, gaano kalaki? asr-002687 02:26:40.620 --> 02:26:42.100 Senator Joel Villanueva: And then, yung percentage asr-002688 02:26:42.100 --> 02:26:43.580 Senator Joel Villanueva: wise, ilan yung asr-002689 02:26:43.580 --> 02:26:46.060 Senator Joel Villanueva: private condemnation asr-002690 02:26:46.660 --> 02:26:48.060 Senator Joel Villanueva: entity asr-002691 02:26:48.060 --> 02:26:50.000 Senator Joel Villanueva: na kapartner asr-002692 02:26:50.000 --> 02:26:50.580 Senator Joel Villanueva: po ninyo? asr-002693 02:26:50.580 --> 02:26:53.020 Senator Joel Villanueva: And what? asr-002694 02:26:54.300 --> 02:26:56.400 Senator Joel Villanueva: What's their interest na asr-002695 02:26:56.400 --> 02:26:58.860 Senator Joel Villanueva: may makukuha ba sila doon sa asr-002696 02:26:58.860 --> 02:27:00.520 Senator Joel Villanueva: I don't understand really, asr-002697 02:27:00.680 --> 02:27:02.620 Senator Joel Villanueva: I'm being very honest here. asr-002698 02:27:03.380 --> 02:27:04.640 DOF Secretary Frederick D. Go: Mr. Chair, if I may, asr-002699 02:27:04.980 --> 02:27:06.560 DOF Secretary Frederick D. Go: before I pass the asr-002700 02:27:06.560 --> 02:27:08.500 DOF Secretary Frederick D. Go: floor back to asr-002701 02:27:08.500 --> 02:27:09.940 DOF Secretary Frederick D. Go: Commissioner Ariel Napumuseno, asr-002702 02:27:10.840 --> 02:27:12.800 DOF Secretary Frederick D. Go: Mr. Senator, you're the second senator asr-002703 02:27:12.800 --> 02:27:13.700 DOF Secretary Frederick D. Go: this afternoon asr-002704 02:27:13.700 --> 02:27:16.480 DOF Secretary Frederick D. Go: who brought up this issue. asr-002705 02:27:16.620 --> 02:27:18.640 DOF Secretary Frederick D. Go: So, I will repeat our ask. asr-002706 02:27:18.640 --> 02:27:20.760 DOF Secretary Frederick D. Go: That was in the original budget asr-002707 02:27:20.760 --> 02:27:22.640 DOF Secretary Frederick D. Go: request of the Bureau of Customs. asr-002708 02:27:23.380 --> 02:27:24.220 DOF Secretary Frederick D. Go: A small budget, asr-002709 02:27:24.300 --> 02:27:26.240 DOF Secretary Frederick D. Go: to build our own condemnation asr-002710 02:27:26.240 --> 02:27:28.500 DOF Secretary Frederick D. Go: facilities. But it was removed asr-002711 02:27:28.500 --> 02:27:30.480 DOF Secretary Frederick D. Go: from the NEP. So, it's part of asr-002712 02:27:30.480 --> 02:27:31.900 DOF Secretary Frederick D. Go: our ask that the Senate asr-002713 02:27:31.900 --> 02:27:34.380 DOF Secretary Frederick D. Go: consider restoring that line item. asr-002714 02:27:34.400 --> 02:27:36.600 Senator Joseph Victor "JV" G. Ejercito: For the record, how much will it cost? asr-002715 02:27:38.440 --> 02:27:40.640 DOF Secretary Frederick D. Go: So, it was there from the very beginning. asr-002716 02:27:40.640 --> 02:27:42.260 DOF Secretary Frederick D. Go: Two hundred, just two hundred asr-002717 02:27:42.260 --> 02:27:43.260 DOF Secretary Frederick D. Go: forty-one million. asr-002718 02:27:44.020 --> 02:27:46.080 DOF Secretary Frederick D. Go: Just two hundred forty-one point eight million. asr-002719 02:27:46.940 --> 02:27:48.660 DOF Secretary Frederick D. Go: And then, a provision for asr-002720 02:27:48.660 --> 02:27:50.500 DOF Secretary Frederick D. Go: condemning of three hundred asr-002721 02:27:50.500 --> 02:27:52.700 DOF Secretary Frederick D. Go: eighty million. So, two forty asr-002722 02:27:52.700 --> 02:27:54.100 DOF Secretary Frederick D. Go: plus three eighty. So, asr-002723 02:27:54.300 --> 02:27:56.440 DOF Secretary Frederick D. Go: six hundred thirty. Twenty million. asr-002724 02:27:56.460 --> 02:27:58.640 Senator Joel Villanueva: And this will be in Metro Manila. asr-002725 02:27:59.860 --> 02:28:00.640 Senator Joel Villanueva: May lugar na po. asr-002726 02:28:01.160 --> 02:28:03.000 BOC Commissioner Ariel F. Nepomuceno: Opo. Again, the quick answer asr-002727 02:28:03.000 --> 02:28:04.120 BOC Commissioner Ariel F. Nepomuceno: is nasagod na po ni asr-002728 02:28:04.120 --> 02:28:06.320 BOC Commissioner Ariel F. Nepomuceno: Secretary Fredrick. Wala pong asr-002729 02:28:06.320 --> 02:28:08.220 BOC Commissioner Ariel F. Nepomuceno: sariling condemnation facility ang BOC asr-002730 02:28:08.220 --> 02:28:10.340 BOC Commissioner Ariel F. Nepomuceno: for the longest time. At wala rin ho kaming asr-002731 02:28:10.340 --> 02:28:12.480 BOC Commissioner Ariel F. Nepomuceno: budget to finance the condemnation asr-002732 02:28:12.480 --> 02:28:14.660 BOC Commissioner Ariel F. Nepomuceno: to be done by the private sector. asr-002733 02:28:14.880 --> 02:28:16.820 BOC Commissioner Ariel F. Nepomuceno: More than twenty po yung mga accredited. asr-002734 02:28:17.680 --> 02:28:18.700 BOC Commissioner Ariel F. Nepomuceno: But I might, asr-002735 02:28:18.840 --> 02:28:20.360 BOC Commissioner Ariel F. Nepomuceno: I will have the exact, ano. asr-002736 02:28:20.840 --> 02:28:22.480 BOC Commissioner Ariel F. Nepomuceno: Wala pong condemnation asr-002737 02:28:22.480 --> 02:28:23.580 BOC Commissioner Ariel F. Nepomuceno: facility ang BOC. asr-002738 02:28:24.300 --> 02:28:25.560 BOC Commissioner Ariel F. Nepomuceno: And this has been, again, asr-002739 02:28:26.160 --> 02:28:28.040 BOC Commissioner Ariel F. Nepomuceno: originally requested in our asr-002740 02:28:28.040 --> 02:28:29.860 BOC Commissioner Ariel F. Nepomuceno: budget, pero na-strike out. asr-002741 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 asr-002742 02:28:32.440 --> 02:28:34.580 Senator Joel Villanueva: region. Nawala pong asr-002743 02:28:34.580 --> 02:28:36.540 Senator Joel Villanueva: condemnation facility. It's the first time asr-002744 02:28:36.540 --> 02:28:38.200 Senator Joel Villanueva: I'm hearing this. That's why I'm surprised. asr-002745 02:28:38.540 --> 02:28:39.660 BOC Commissioner Ariel F. Nepomuceno: At least po dun sa asr-002746 02:28:39.660 --> 02:28:41.620 BOC Commissioner Ariel F. Nepomuceno: ASEAN countries po. asr-002747 02:28:42.140 --> 02:28:44.300 BOC Commissioner Ariel F. Nepomuceno: Kasi we did our benchmarking. asr-002748 02:28:44.440 --> 02:28:46.300 BOC Commissioner Ariel F. Nepomuceno: So, we really found out that asr-002749 02:28:46.300 --> 02:28:48.440 BOC Commissioner Ariel F. Nepomuceno: this is one handicap that we have to address. asr-002750 02:28:48.440 --> 02:28:49.960 Senator Joel Villanueva: Anyway, I will not belabor the issue. asr-002751 02:28:49.960 --> 02:28:51.720 Senator Joel Villanueva: Thank you, Kababayan asr-002752 02:28:51.720 --> 02:28:54.100 Senator Joel Villanueva: Commissioner. And I asr-002753 02:28:54.100 --> 02:28:55.960 Senator Joel Villanueva: will support, Mr. Chairman, put it asr-002754 02:28:55.960 --> 02:28:57.940 Senator Joel Villanueva: in the record that I will support the asr-002755 02:28:57.940 --> 02:28:59.940 Senator Joel Villanueva: establishment of asr-002756 02:28:59.940 --> 02:29:01.340 Senator Joel Villanueva: our very own asr-002757 02:29:01.340 --> 02:29:03.780 Senator Joel Villanueva: condemnation facility, Mr. Chairman. asr-002758 02:29:03.900 --> 02:29:05.360 Senator Joel Villanueva: I think it's about time. And asr-002759 02:29:05.360 --> 02:29:07.960 Senator Joel Villanueva: ang chairman natin, mahilig sa mga legacy asr-002760 02:29:07.960 --> 02:29:10.020 Senator Joel Villanueva: projects. I think this is one of them. Thank you, asr-002761 02:29:10.080 --> 02:29:10.730 Senator Joel Villanueva: Mr. Chairman. asr-002761-split-2 02:29:10.730 --> 02:29:12.120 Senator Joseph Victor "JV" G. Ejercito: Thank you, Senator Villanueva. asr-002762 02:29:13.160 --> 02:29:14.040 Senator Joseph Victor "JV" G. Ejercito: In connection with, asr-002763 02:29:14.140 --> 02:29:15.820 Senator Joseph Victor "JV" G. Ejercito: ano, doon na rin sa Bulacan. Kasi asr-002764 02:29:15.820 --> 02:29:17.920 Senator Joseph Victor "JV" G. Ejercito: nagkaroon tayo, ano, before we go asr-002765 02:29:17.920 --> 02:29:18.900 Senator Joseph Victor "JV" G. Ejercito: back to create more. asr-002766 02:29:19.600 --> 02:29:21.280 Senator Joseph Victor "JV" G. Ejercito: Dito sa NJWEL, tungkol dun sa asr-002767 02:29:21.280 --> 02:29:23.740 Senator Joseph Victor "JV" G. Ejercito: nagkaroon ng, ito, asr-002768 02:29:24.100 --> 02:29:26.280 Senator Joseph Victor "JV" G. Ejercito: incident. asr-002769 02:29:26.880 --> 02:29:28.140 Senator Joseph Victor "JV" G. Ejercito: Yung dalawang, where two asr-002770 02:29:28.140 --> 02:29:29.920 Senator Joseph Victor "JV" G. Ejercito: custom staff were caught in the entrapment asr-002771 02:29:29.920 --> 02:29:31.860 Senator Joseph Victor "JV" G. Ejercito: operation allegedly trying to resell asr-002772 02:29:31.860 --> 02:29:34.020 Senator Joseph Victor "JV" G. Ejercito: 225 boxes of asr-002773 02:29:34.020 --> 02:29:36.160 Senator Joseph Victor "JV" G. Ejercito: sea-smuggled cigarettes. For destruction asr-002774 02:29:36.160 --> 02:29:38.160 Senator Joseph Victor "JV" G. Ejercito: din, no? Is this, was this asr-002775 02:29:38.160 --> 02:29:39.440 Senator Joseph Victor "JV" G. Ejercito: also for your destruction? asr-002776 02:29:40.040 --> 02:29:41.880 Senator Joseph Victor "JV" G. Ejercito: Alam ko, ito yung, ano eh, nagkaroon ng, ano, asr-002777 02:29:41.920 --> 02:29:44.160 Senator Joseph Victor "JV" G. Ejercito: with HPG. Ayaw naman natin asr-002778 02:29:44.160 --> 02:29:45.200 Senator Joseph Victor "JV" G. Ejercito: palaki ng away nyo. asr-002779 02:29:45.820 --> 02:29:48.100 Senator Joseph Victor "JV" G. Ejercito: I know that you will just deal with it, no? asr-002780 02:29:48.360 --> 02:29:49.420 Senator Joseph Victor "JV" G. Ejercito: Among yourselves. And I asr-002781 02:29:49.420 --> 02:29:51.860 Senator Joseph Victor "JV" G. Ejercito: know that Commissioner Ariel already asr-002782 02:29:51.860 --> 02:29:53.980 Senator Joseph Victor "JV" G. Ejercito: ano, I think, asr-002783 02:29:54.100 --> 02:29:56.260 Senator Joseph Victor "JV" G. Ejercito: fired or disciplined already asr-002784 02:29:56.260 --> 02:29:58.020 Senator Joseph Victor "JV" G. Ejercito: these two custom staff. Any asr-002785 02:29:58.020 --> 02:29:59.980 Senator Joseph Victor "JV" G. Ejercito: update po rito? These were smuggled asr-002786 02:30:00.000 --> 02:30:01.220 Senator Joseph Victor "JV" G. Ejercito: cigarettes supposedly for asr-002787 02:30:01.220 --> 02:30:03.720 Senator Joseph Victor "JV" G. Ejercito: distraction and they wanted to resell. asr-002788 02:30:03.800 --> 02:30:04.600 Senator Joseph Victor "JV" G. Ejercito: Ano ba nangyari dito? asr-002789 02:30:06.080 --> 02:30:07.220 BOC Commissioner Ariel F. Nepomuceno: Meron pong mga asr-002790 02:30:07.220 --> 02:30:09.900 BOC Commissioner Ariel F. Nepomuceno: subik na naman po ulit. That's why we are asr-002791 02:30:09.900 --> 02:30:11.380 BOC Commissioner Ariel F. Nepomuceno: overhauling our asr-002792 02:30:11.380 --> 02:30:14.040 BOC Commissioner Ariel F. Nepomuceno: organization in asr-002793 02:30:14.040 --> 02:30:16.140 BOC Commissioner Ariel F. Nepomuceno: subik. So there were cigarettes asr-002794 02:30:16.140 --> 02:30:17.980 BOC Commissioner Ariel F. Nepomuceno: that were apprehended in subik asr-002795 02:30:17.980 --> 02:30:19.960 BOC Commissioner Ariel F. Nepomuceno: and then ganoon din po kagaya doon sa asr-002796 02:30:19.960 --> 02:30:21.900 BOC Commissioner Ariel F. Nepomuceno: unang kaso. Dapat sisirain asr-002797 02:30:21.900 --> 02:30:23.920 BOC Commissioner Ariel F. Nepomuceno: ito sa condemnation facility sa asr-002798 02:30:23.920 --> 02:30:25.620 BOC Commissioner Ariel F. Nepomuceno: Bulacan. It's a Legox asr-002799 02:30:25.620 --> 02:30:27.400 BOC Commissioner Ariel F. Nepomuceno: C88 condemnation. asr-002800 02:30:28.020 --> 02:30:29.400 BOC Commissioner Ariel F. Nepomuceno: Kaya lang nagkaroon po ng asr-002801 02:30:29.400 --> 02:30:32.220 BOC Commissioner Ariel F. Nepomuceno: issue, ang unahong asr-002802 02:30:32.220 --> 02:30:34.140 BOC Commissioner Ariel F. Nepomuceno: issue na nirace po namin asr-002803 02:30:34.140 --> 02:30:35.960 BOC Commissioner Ariel F. Nepomuceno: in the condemnation asr-002804 02:30:35.960 --> 02:30:38.060 BOC Commissioner Ariel F. Nepomuceno: area wherein our people asr-002805 02:30:38.060 --> 02:30:39.780 BOC Commissioner Ariel F. Nepomuceno: were doing their job. May mga asr-002806 02:30:39.780 --> 02:30:41.960 BOC Commissioner Ariel F. Nepomuceno: body cameras naman po yan, Mr. Chair. asr-002807 02:30:42.680 --> 02:30:43.940 BOC Commissioner Ariel F. Nepomuceno: Dumating po yung HPG asr-002808 02:30:43.940 --> 02:30:45.200 BOC Commissioner Ariel F. Nepomuceno: doon and then ang asr-002809 02:30:45.200 --> 02:30:47.520 BOC Commissioner Ariel F. Nepomuceno: inareklamo ko lang naman po was asr-002810 02:30:47.520 --> 02:30:51.900 BOC Commissioner Ariel F. Nepomuceno: yung respeto supposed to be asr-002811 02:30:51.900 --> 02:30:53.580 BOC Commissioner Ariel F. Nepomuceno: accorded to a fellow agency asr-002812 02:30:53.580 --> 02:30:55.960 BOC Commissioner Ariel F. Nepomuceno: kasi pinataas yung kamay ng mga taga BOC asr-002813 02:30:55.960 --> 02:30:57.780 BOC Commissioner Ariel F. Nepomuceno: naka-ID naman yung aking mga asr-002814 02:30:57.780 --> 02:30:59.300 BOC Commissioner Ariel F. Nepomuceno: tauan, may uniforme, may asr-002815 02:30:59.300 --> 02:31:01.280 BOC Commissioner Ariel F. Nepomuceno: mission order that I signed. At asr-002816 02:31:01.280 --> 02:31:03.340 BOC Commissioner Ariel F. Nepomuceno: nandun din ang mga taga Department of Agriculture. asr-002817 02:31:04.060 --> 02:31:05.260 BOC Commissioner Ariel F. Nepomuceno: So yun lang naman yung asr-002818 02:31:05.260 --> 02:31:07.240 BOC Commissioner Ariel F. Nepomuceno: aking puna sa simula. Kung asr-002819 02:31:07.240 --> 02:31:09.380 BOC Commissioner Ariel F. Nepomuceno: bakit naman kailangan pang kapkapan, asr-002820 02:31:09.640 --> 02:31:11.420 BOC Commissioner Ariel F. Nepomuceno: kunin yung cellphone. Hindi po asr-002821 02:31:11.420 --> 02:31:13.040 BOC Commissioner Ariel F. Nepomuceno: tama yan sa KAPA agency. But asr-002822 02:31:13.040 --> 02:31:15.200 BOC Commissioner Ariel F. Nepomuceno: what I've done so far, para asr-002823 02:31:15.200 --> 02:31:16.640 BOC Commissioner Ariel F. Nepomuceno: wag hun lumala yung asr-002824 02:31:16.640 --> 02:31:19.400 BOC Commissioner Ariel F. Nepomuceno: posibleng parang pag-aaway asr-002825 02:31:19.400 --> 02:31:21.560 BOC Commissioner Ariel F. Nepomuceno: ng HPG at ng Bureau of Customs, asr-002826 02:31:21.880 --> 02:31:23.380 BOC Commissioner Ariel F. Nepomuceno: itinagkatiwala ko na po to asr-002827 02:31:23.380 --> 02:31:25.320 BOC Commissioner Ariel F. Nepomuceno: officially sa pamunuan ng asr-002828 02:31:25.320 --> 02:31:27.460 BOC Commissioner Ariel F. Nepomuceno: Philippine National Police dahil kaibigan ko naman po asr-002829 02:31:27.460 --> 02:31:29.140 BOC Commissioner Ariel F. Nepomuceno: si General Nartates at si asr-002830 02:31:29.140 --> 02:31:31.260 BOC Commissioner Ariel F. Nepomuceno: Secretary John D. Cremulia ang usapan namin, asr-002831 02:31:31.820 --> 02:31:33.540 BOC Commissioner Ariel F. Nepomuceno: we will just have to trust them asr-002832 02:31:33.540 --> 02:31:35.500 BOC Commissioner Ariel F. Nepomuceno: on their ongoing, with their own asr-002833 02:31:35.500 --> 02:31:37.600 BOC Commissioner Ariel F. Nepomuceno: investigation. So we will wait. asr-002834 02:31:38.100 --> 02:31:39.080 BOC Commissioner Ariel F. Nepomuceno: But I assure... asr-002835 02:31:39.080 --> 02:31:41.120 Senator Joseph Victor "JV" G. Ejercito: They're already investigating the matter already. asr-002836 02:31:41.160 --> 02:31:41.860 BOC Commissioner Ariel F. Nepomuceno: Ongoing po. asr-002837 02:31:42.620 --> 02:31:45.100 Senator Joseph Victor "JV" G. Ejercito: Saka kapag takalang, what is HPG asr-002838 02:31:45.100 --> 02:31:47.240 Senator Joseph Victor "JV" G. Ejercito: doing? What do they have to do? asr-002839 02:31:47.340 --> 02:31:48.420 Senator Joseph Victor "JV" G. Ejercito: Something with the smuggling, asr-002840 02:31:49.080 --> 02:31:50.560 Senator Joseph Victor "JV" G. Ejercito: diba? Or destruction. asr-002841 02:31:51.800 --> 02:31:52.880 Senator Joseph Victor "JV" G. Ejercito: I should have asked this asr-002842 02:31:52.880 --> 02:31:54.860 Senator Joseph Victor "JV" G. Ejercito: during the DALG hearing, but asr-002843 02:31:54.860 --> 02:31:57.180 Senator Joseph Victor "JV" G. Ejercito: we'll do again probably during the plenary. asr-002844 02:31:58.020 --> 02:31:59.100 BOC Commissioner Ariel F. Nepomuceno: Nire-relieve na rin po. asr-002845 02:31:59.140 --> 02:32:00.480 BOC Commissioner Ariel F. Nepomuceno: Ito rin po ng PNP asr-002846 02:32:00.480 --> 02:32:01.800 BOC Commissioner Ariel F. Nepomuceno: ang pamunuan po ng HPG. asr-002847 02:32:01.800 --> 02:32:03.540 Senator Joseph Victor "JV" G. Ejercito: Those concerned, ilan yung? Walo yata yun? asr-002848 02:32:04.600 --> 02:32:07.180 BOC Commissioner Ariel F. Nepomuceno: Hindi ako po sure. Ilan po yung tinanggal po na? asr-002849 02:32:07.260 --> 02:32:08.920 BOC Commissioner Ariel F. Nepomuceno: Including the top brass po ng asr-002850 02:32:08.920 --> 02:32:10.680 BOC Commissioner Ariel F. Nepomuceno: HPG. And we appreciate. asr-002851 02:32:11.220 --> 02:32:12.820 BOC Commissioner Ariel F. Nepomuceno: In fact, last Monday po, asr-002852 02:32:13.080 --> 02:32:15.040 BOC Commissioner Ariel F. Nepomuceno: the new chief of the asr-002853 02:32:15.040 --> 02:32:17.000 BOC Commissioner Ariel F. Nepomuceno: Highway Patrol Group visited asr-002854 02:32:17.000 --> 02:32:18.940 BOC Commissioner Ariel F. Nepomuceno: us and joined us in our flag ceremony asr-002855 02:32:18.940 --> 02:32:21.100 BOC Commissioner Ariel F. Nepomuceno: to show that we have no problem with each asr-002856 02:32:21.100 --> 02:32:22.600 BOC Commissioner Ariel F. Nepomuceno: other and that we are committed. asr-002857 02:32:22.700 --> 02:32:24.280 BOC Commissioner Ariel F. Nepomuceno: About the concerned BOC personnel? asr-002858 02:32:24.860 --> 02:32:26.600 BOC Commissioner Ariel F. Nepomuceno: Under investigation na rin po namin yun. asr-002859 02:32:27.320 --> 02:32:29.020 BOC Commissioner Ariel F. Nepomuceno: Again, we're doing parallel asr-002860 02:32:29.020 --> 02:32:31.340 BOC Commissioner Ariel F. Nepomuceno: investigation, but insofar as the asr-002861 02:32:31.340 --> 02:32:33.120 BOC Commissioner Ariel F. Nepomuceno: commotion asr-002862 02:32:33.120 --> 02:32:34.760 BOC Commissioner Ariel F. Nepomuceno: dun po sa pagpapatas ng kamay, asr-002863 02:32:34.860 --> 02:32:36.360 BOC Commissioner Ariel F. Nepomuceno: et cetera, I trust the PNP asr-002864 02:32:36.360 --> 02:32:38.720 BOC Commissioner Ariel F. Nepomuceno: that they're also doing their investigation asr-002865 02:32:38.720 --> 02:32:39.300 BOC Commissioner Ariel F. Nepomuceno: properly. asr-002866 02:32:42.320 --> 02:32:44.060 Senator Joseph Victor "JV" G. Ejercito: Well, I know that asr-002867 02:32:44.060 --> 02:32:45.900 Senator Joseph Victor "JV" G. Ejercito: Com. Ariel, you would not asr-002868 02:32:45.900 --> 02:32:48.160 Senator Joseph Victor "JV" G. Ejercito: tolerate this. I'd like to asr-002869 02:32:48.160 --> 02:32:50.160 Senator Joseph Victor "JV" G. Ejercito: thank you also for acting very asr-002870 02:32:50.160 --> 02:32:51.700 Senator Joseph Victor "JV" G. Ejercito: fast. Yun pong asr-002871 02:32:51.700 --> 02:32:54.280 Senator Joseph Victor "JV" G. Ejercito: I brought out this asr-002872 02:32:54.280 --> 02:32:56.480 Senator Joseph Victor "JV" G. Ejercito: issue in our radio program asr-002873 02:32:56.480 --> 02:32:57.980 Senator Joseph Victor "JV" G. Ejercito: with Ombudsman, yun toko sa asr-002874 02:32:57.980 --> 02:32:58.380 Senator Joseph Victor "JV" G. Ejercito: CIS. asr-002875 02:32:59.020 --> 02:33:00.460 Senator Joseph Victor "JV" G. Ejercito: Na nag-aabuso. asr-002876 02:33:01.240 --> 02:33:03.280 Senator Joseph Victor "JV" G. Ejercito: And umaksyon kagad kayo. asr-002877 02:33:03.400 --> 02:33:05.140 Senator Joseph Victor "JV" G. Ejercito: And I think he was already relieved asr-002878 02:33:05.140 --> 02:33:07.200 Senator Joseph Victor "JV" G. Ejercito: already, yung head ng CIS asr-002879 02:33:07.200 --> 02:33:09.520 Senator Joseph Victor "JV" G. Ejercito: and as well the other asr-002880 02:33:09.520 --> 02:33:10.540 Senator Joseph Victor "JV" G. Ejercito: personnel who were involved. asr-002881 02:33:11.320 --> 02:33:12.740 Senator Joseph Victor "JV" G. Ejercito: Medyo marami na rin kasi siyang asr-002882 02:33:12.740 --> 02:33:13.640 Senator Joseph Victor "JV" G. Ejercito: controversy eh. asr-002882-split-2 02:33:13.640 --> 02:33:14.920 BOC Commissioner Ariel F. Nepomuceno: Agad naman po na asr-002883 02:33:14.920 --> 02:33:16.740 BOC Commissioner Ariel F. Nepomuceno: pirmam po with the support of Secretary asr-002884 02:33:16.740 --> 02:33:18.520 BOC Commissioner Ariel F. Nepomuceno: Frederick, napalitan na po namin yung asr-002885 02:33:18.520 --> 02:33:19.100 BOC Commissioner Ariel F. Nepomuceno: pinuno po. asr-002886 02:33:20.400 --> 02:33:21.340 Senator Joseph Victor "JV" G. Ejercito: Sabi ko nga kasi, asr-002887 02:33:21.540 --> 02:33:23.660 Senator Joseph Victor "JV" G. Ejercito: Commissioner Arnel, asr-002888 02:33:24.560 --> 02:33:26.520 Senator Joseph Victor "JV" G. Ejercito: we trust him, even during the radio asr-002889 02:33:26.520 --> 02:33:28.340 Senator Joseph Victor "JV" G. Ejercito: program. I think he's a man of integrity. asr-002890 02:33:28.500 --> 02:33:29.000 Senator Joseph Victor "JV" G. Ejercito: Problema, asr-002891 02:33:29.020 --> 02:33:30.480 Senator Joseph Victor "JV" G. Ejercito: some depcoms, asr-002892 02:33:31.040 --> 02:33:32.980 Senator Joseph Victor "JV" G. Ejercito: some directors and collectors, probably asr-002893 02:33:32.980 --> 02:33:34.300 Senator Joseph Victor "JV" G. Ejercito: are abusing his asr-002894 02:33:34.300 --> 02:33:36.960 Senator Joseph Victor "JV" G. Ejercito: being a nice person, a good asr-002895 02:33:36.960 --> 02:33:38.680 Senator Joseph Victor "JV" G. Ejercito: person. Baka may nag-aano. Minsan, asr-002896 02:33:38.740 --> 02:33:40.160 Senator Joseph Victor "JV" G. Ejercito: pag masyado ka mabait, ano eh, asr-002897 02:33:40.900 --> 02:33:42.680 Senator Joseph Victor "JV" G. Ejercito: inaabuso ka, di ba? asr-002898 02:33:43.760 --> 02:33:45.020 Senator Joseph Victor "JV" G. Ejercito: Hindi lang kinukuha kagad, asr-002899 02:33:45.100 --> 02:33:47.100 Senator Joseph Victor "JV" G. Ejercito: pero minsan inaabuso ka rin. asr-002900 02:33:47.200 --> 02:33:48.760 Senator Joseph Victor "JV" G. Ejercito: So yun lang yung sinabi ko kay asr-002901 02:33:48.760 --> 02:33:51.060 Senator Joseph Victor "JV" G. Ejercito: Com. Ariel during that time. But he acted already asr-002902 02:33:51.060 --> 02:33:53.040 Senator Joseph Victor "JV" G. Ejercito: on this issue. asr-002903 02:33:53.240 --> 02:33:55.220 Senator Joseph Victor "JV" G. Ejercito: Maraming salamat sa pag-action asr-002904 02:33:55.220 --> 02:33:56.600 Senator Joseph Victor "JV" G. Ejercito: kagad. Because you do not want asr-002905 02:33:57.100 --> 02:33:58.820 Senator Joseph Victor "JV" G. Ejercito: these people, these rogues, asr-002906 02:33:59.020 --> 02:34:00.920 Senator Joseph Victor "JV" G. Ejercito: these misfits asr-002907 02:34:00.920 --> 02:34:02.840 Senator Joseph Victor "JV" G. Ejercito: to bring you down. Kasi maayos asr-002908 02:34:02.840 --> 02:34:04.960 Senator Joseph Victor "JV" G. Ejercito: ka tao, bihira ang ganito. Especially with asr-002909 02:34:04.960 --> 02:34:06.940 Senator Joseph Victor "JV" G. Ejercito: BOC, BIR, and all. asr-002910 02:34:07.200 --> 02:34:09.140 Senator Joseph Victor "JV" G. Ejercito: Lahat kayo maayos. We don't want asr-002911 02:34:09.140 --> 02:34:10.880 Senator Joseph Victor "JV" G. Ejercito: some bad eggs asr-002912 02:34:10.880 --> 02:34:11.680 Senator Joseph Victor "JV" G. Ejercito: to pull you down. asr-002913 02:34:13.880 --> 02:34:15.180 Senator Joseph Victor "JV" G. Ejercito: Before we continue, asr-002914 02:34:15.440 --> 02:34:16.380 Senator Joseph Victor "JV" G. Ejercito: the Chair would like to asr-002915 02:34:16.380 --> 02:34:18.840 Senator Joseph Victor "JV" G. Ejercito: recognize the presence of Senator Bongo asr-002916 02:34:18.840 --> 02:34:20.700 Senator Joseph Victor "JV" G. Ejercito: and Senator Robin Padilla. asr-002917 02:34:20.820 --> 02:34:22.700 Senator Joseph Victor "JV" G. Ejercito: Thank you, Sir, for joining. I would asr-002918 02:34:22.700 --> 02:34:24.720 Senator Joseph Victor "JV" G. Ejercito: give you the chance to ask, but I asr-002919 02:34:24.720 --> 02:34:26.660 Senator Joseph Victor "JV" G. Ejercito: will just finish this para hindi tayo asr-002920 02:34:26.660 --> 02:34:28.260 Senator Joseph Victor "JV" G. Ejercito: mawala dun sa asr-002921 02:34:28.260 --> 02:34:29.000 Senator Joseph Victor "JV" G. Ejercito: floor. asr-002922 02:34:29.020 --> 02:34:32.880 Senator Joseph Victor "JV" G. Ejercito: Yung second sa CreateMore, asr-002923 02:34:33.040 --> 02:34:34.720 Senator Joseph Victor "JV" G. Ejercito: does the revenue estimate include asr-002924 02:34:34.720 --> 02:34:36.780 Senator Joseph Victor "JV" G. Ejercito: behavioral responses and asr-002925 02:34:36.780 --> 02:34:38.940 Senator Joseph Victor "JV" G. Ejercito: the cost of longer or more generous asr-002926 02:34:38.940 --> 02:34:39.600 Senator Joseph Victor "JV" G. Ejercito: incentives? asr-002927 02:34:43.500 --> 02:34:44.220 Senator Joseph Victor "JV" G. Ejercito: Yusek, asr-002928 02:34:44.280 --> 02:34:44.780 Senator Joseph Victor "JV" G. Ejercito: Carlo? asr-002929 02:34:45.100 --> 02:34:47.220 DOF Undersecretary Karlo Fermin S. Adriano: Mr. Chair, on the revenue program asr-002930 02:34:47.220 --> 02:34:48.800 DOF Undersecretary Karlo Fermin S. Adriano: which include CreateMore, asr-002931 02:34:48.980 --> 02:34:51.100 DOF Undersecretary Karlo Fermin S. Adriano: wala po tayong revenue projection asr-002932 02:34:51.100 --> 02:34:53.260 DOF Undersecretary Karlo Fermin S. Adriano: on the potential tax expenditure asr-002933 02:34:53.260 --> 02:34:54.580 DOF Undersecretary Karlo Fermin S. Adriano: for new investments. asr-002934 02:34:54.940 --> 02:34:56.840 DOF Undersecretary Karlo Fermin S. Adriano: Because we cannot project ilan ba yung asr-002935 02:34:56.840 --> 02:34:58.600 DOF Undersecretary Karlo Fermin S. Adriano: investment that will be attractive asr-002936 02:34:59.020 --> 02:35:00.860 DOF Undersecretary Karlo Fermin S. Adriano: by CreateMore. So yung nandun po asr-002937 02:35:00.860 --> 02:35:02.720 DOF Undersecretary Karlo Fermin S. Adriano: na negative are those asr-002938 02:35:02.720 --> 02:35:04.820 DOF Undersecretary Karlo Fermin S. Adriano: related to RBEs under asr-002939 02:35:04.820 --> 02:35:07.300 DOF Undersecretary Karlo Fermin S. Adriano: enhanced deduction na lalo po asr-002940 02:35:07.300 --> 02:35:08.820 DOF Undersecretary Karlo Fermin S. Adriano: natin pinaganda po kasi yung enhanced asr-002941 02:35:08.820 --> 02:35:10.800 DOF Undersecretary Karlo Fermin S. Adriano: deduction. Yun lang po yung kasama doon na asr-002942 02:35:10.800 --> 02:35:11.680 DOF Undersecretary Karlo Fermin S. Adriano: revenue estimate. asr-002943 02:35:12.500 --> 02:35:14.840 Senator Joseph Victor "JV" G. Ejercito: Thank you. Senator Bongo, asr-002944 02:35:16.280 --> 02:35:16.900 Senator Joseph Victor "JV" G. Ejercito: you may want asr-002945 02:35:16.900 --> 02:35:18.920 Senator Joseph Victor "JV" G. Ejercito: to ask some questions? asr-002946 02:35:23.040 --> 02:35:24.820 Senator Christopher Lawrence T. Go: Magandang hapon po sa inyong asr-002947 02:35:24.820 --> 02:35:27.200 Senator Christopher Lawrence T. Go: lahat. Maybe later na lang po asr-002948 02:35:27.200 --> 02:35:28.840 Senator Christopher Lawrence T. Go: pasahin ko muna, Mr. Chair. asr-002949 02:35:29.020 --> 02:35:33.460 Senator Joseph Victor "JV" G. Ejercito: Just let me know, asr-002950 02:35:33.580 --> 02:35:34.840 Senator Joseph Victor "JV" G. Ejercito: Senator Padilla, Senator Bongo, asr-002951 02:35:35.120 --> 02:35:37.400 Senator Joseph Victor "JV" G. Ejercito: just in case you may interject asr-002952 02:35:37.400 --> 02:35:38.840 Senator Joseph Victor "JV" G. Ejercito: anytime. asr-002953 02:35:43.260 --> 02:35:44.760 Senator Joseph Victor "JV" G. Ejercito: We touched earlier asr-002954 02:35:44.760 --> 02:35:47.180 Senator Joseph Victor "JV" G. Ejercito: sa mga foreign asr-002955 02:35:47.180 --> 02:35:47.740 Senator Joseph Victor "JV" G. Ejercito: assisted. asr-002956 02:35:49.100 --> 02:35:50.660 Senator Joseph Victor "JV" G. Ejercito: Now that the North-South asr-002957 02:35:50.660 --> 02:35:52.880 Senator Joseph Victor "JV" G. Ejercito: Commuter Railway and Metro Manila Subway asr-002958 02:35:52.880 --> 02:35:54.720 Senator Joseph Victor "JV" G. Ejercito: system are now in full blast, asr-002959 02:35:55.040 --> 02:35:56.440 Senator Joseph Victor "JV" G. Ejercito: kasi ang DOF may kinalaman dyan, asr-002960 02:35:56.440 --> 02:35:58.500 Senator Joseph Victor "JV" G. Ejercito: kasi consider revenue naman, asr-002961 02:35:59.020 --> 02:35:59.700 Senator Joseph Victor "JV" G. Ejercito: anything with asr-002962 02:35:59.700 --> 02:36:01.940 Senator Joseph Victor "JV" G. Ejercito: loans? asr-002963 02:36:04.660 --> 02:36:05.260 Senator Joseph Victor "JV" G. Ejercito: Financing? asr-002964 02:36:05.380 --> 02:36:06.140 Senator Joseph Victor "JV" G. Ejercito: And then financing, asr-002965 02:36:06.360 --> 02:36:07.640 Senator Joseph Victor "JV" G. Ejercito: we are also asr-002966 02:36:07.640 --> 02:36:09.760 Senator Joseph Victor "JV" G. Ejercito: involved. asr-002967 02:36:10.760 --> 02:36:12.900 Senator Joseph Victor "JV" G. Ejercito: Just a question, kasi yung asr-002968 02:36:12.900 --> 02:36:15.080 Senator Joseph Victor "JV" G. Ejercito: Mindanao Railway Project asr-002969 02:36:15.080 --> 02:36:16.380 Senator Joseph Victor "JV" G. Ejercito: and the South Long Haul asr-002970 02:36:16.380 --> 02:36:19.320 Senator Joseph Victor "JV" G. Ejercito: did not asr-002971 02:36:19.320 --> 02:36:20.680 Senator Joseph Victor "JV" G. Ejercito: materialize, no? asr-002972 02:36:21.180 --> 02:36:23.020 Senator Joseph Victor "JV" G. Ejercito: I think it's the Exim Bank. China kasi asr-002973 02:36:23.020 --> 02:36:25.020 Senator Joseph Victor "JV" G. Ejercito: ito dapat eh. And it asr-002974 02:36:25.020 --> 02:36:25.720 Senator Joseph Victor "JV" G. Ejercito: was suspended. asr-002975 02:36:29.020 --> 02:36:31.460 Senator Joseph Victor "JV" G. Ejercito: It remained unfunded under the asr-002976 02:36:31.460 --> 02:36:33.180 Senator Joseph Victor "JV" G. Ejercito: proposed fiscal year 2027 asr-002977 02:36:33.180 --> 02:36:35.360 Senator Joseph Victor "JV" G. Ejercito: budget of the DOTR, dahil nga asr-002978 02:36:35.360 --> 02:36:36.860 Senator Joseph Victor "JV" G. Ejercito: meron loan deadlock. But ang asr-002979 02:36:36.860 --> 02:36:39.260 Senator Joseph Victor "JV" G. Ejercito: ano ko lang dito, kasi sayang asr-002980 02:36:39.260 --> 02:36:41.560 Senator Joseph Victor "JV" G. Ejercito: naman yung studies, all the studies, asr-002981 02:36:41.740 --> 02:36:42.840 Senator Joseph Victor "JV" G. Ejercito: right-of-way monitoring, asr-002982 02:36:43.440 --> 02:36:44.560 Senator Joseph Victor "JV" G. Ejercito: if we do not fund asr-002983 02:36:44.560 --> 02:36:47.560 Senator Joseph Victor "JV" G. Ejercito: the project management asr-002984 02:36:47.560 --> 02:36:49.520 Senator Joseph Victor "JV" G. Ejercito: offices at least, kasi nasimulan asr-002985 02:36:49.520 --> 02:36:50.340 Senator Joseph Victor "JV" G. Ejercito: na ito eh. So, asr-002986 02:36:51.040 --> 02:36:53.120 Senator Joseph Victor "JV" G. Ejercito: ang question ko na currently, are there any asr-002987 02:36:53.120 --> 02:36:54.920 Senator Joseph Victor "JV" G. Ejercito: ongoing discussions with potential asr-002988 02:36:54.920 --> 02:36:57.500 Senator Joseph Victor "JV" G. Ejercito: investors and creditors asr-002989 02:36:57.500 --> 02:36:58.980 Senator Joseph Victor "JV" G. Ejercito: or is it asr-002990 02:36:58.980 --> 02:37:00.420 Senator Joseph Victor "JV" G. Ejercito: possible to secure full funding asr-002991 02:37:00.420 --> 02:37:01.580 Senator Joseph Victor "JV" G. Ejercito: anytime soon? asr-002992 02:37:05.080 --> 02:37:06.480 DOF Secretary Frederick D. Go: We, Mr. Chair, asr-002993 02:37:06.680 --> 02:37:08.560 DOF Secretary Frederick D. Go: we have a representative from the asr-002994 02:37:08.560 --> 02:37:10.500 DOF Secretary Frederick D. Go: finance group of DOF asr-002995 02:37:10.500 --> 02:37:13.000 DOF Secretary Frederick D. Go: but I think he stepped out asr-002996 02:37:13.000 --> 02:37:15.120 DOF Secretary Frederick D. Go: but we can ask asr-002997 02:37:15.120 --> 02:37:17.020 Senator Joseph Victor "JV" G. Ejercito: him to... Yusek Balbosa? asr-002998 02:37:17.300 --> 02:37:17.920 DOF Secretary Frederick D. Go: Yes, correct. asr-002999 02:37:19.060 --> 02:37:20.200 Senator Joseph Victor "JV" G. Ejercito: Okay, we just ask him asr-003000 02:37:20.200 --> 02:37:23.000 Senator Joseph Victor "JV" G. Ejercito: when he returns. asr-003001 02:37:25.540 --> 02:37:26.500 Senator Joseph Victor "JV" G. Ejercito: Ah, Yusek Balbosa, asr-003002 02:37:26.500 --> 02:37:28.500 Senator Joseph Victor "JV" G. Ejercito: with regards asr-003003 02:37:28.980 --> 02:37:31.120 Senator Joseph Victor "JV" G. Ejercito: to major railway asr-003004 02:37:31.120 --> 02:37:33.060 Senator Joseph Victor "JV" G. Ejercito: projects, the Mindanao Railway asr-003005 02:37:33.060 --> 02:37:34.980 Senator Joseph Victor "JV" G. Ejercito: Project and the South Long asr-003006 02:37:34.980 --> 02:37:37.080 Senator Joseph Victor "JV" G. Ejercito: Hole, though it was suspended, asr-003007 02:37:38.080 --> 02:37:38.840 Senator Joseph Victor "JV" G. Ejercito: it remained asr-003008 02:37:38.840 --> 02:37:40.660 Senator Joseph Victor "JV" G. Ejercito: unfunded asr-003009 02:37:40.660 --> 02:37:42.860 Senator Joseph Victor "JV" G. Ejercito: because of asr-003010 02:37:42.860 --> 02:37:44.420 Senator Joseph Victor "JV" G. Ejercito: loan deadlocks. asr-003011 02:37:44.700 --> 02:37:47.100 Senator Joseph Victor "JV" G. Ejercito: Are there any ongoing discussions with potential asr-003012 02:37:47.100 --> 02:37:48.480 Senator Joseph Victor "JV" G. Ejercito: investors or creditors asr-003013 02:37:48.480 --> 02:37:51.000 Senator Joseph Victor "JV" G. Ejercito: that would possibly asr-003014 02:37:51.000 --> 02:37:52.340 Senator Joseph Victor "JV" G. Ejercito: take over? asr-003015 02:37:53.780 --> 02:37:54.820 DOF Undersecretary Joven Z. Balbosa: Yeah, Mr. Chair, asr-003016 02:37:54.900 --> 02:37:57.020 DOF Undersecretary Joven Z. Balbosa: yes. And asr-003017 02:37:57.020 --> 02:37:58.920 DOF Undersecretary Joven Z. Balbosa: we are looking at, asr-003018 02:37:58.980 --> 02:38:01.080 DOF Undersecretary Joven Z. Balbosa: India, for example, interested in the rail asr-003019 02:38:01.080 --> 02:38:02.820 DOF Undersecretary Joven Z. Balbosa: and others asr-003020 02:38:02.820 --> 02:38:05.080 DOF Undersecretary Joven Z. Balbosa: supporting. We have also bilaterals asr-003021 02:38:05.080 --> 02:38:06.700 DOF Undersecretary Joven Z. Balbosa: interested to support asr-003022 02:38:06.700 --> 02:38:09.020 DOF Undersecretary Joven Z. Balbosa: the preparation or the updating asr-003023 02:38:09.020 --> 02:38:09.940 DOF Undersecretary Joven Z. Balbosa: of the asr-003024 02:38:09.940 --> 02:38:12.580 DOF Undersecretary Joven Z. Balbosa: project preparation for asr-003025 02:38:12.580 --> 02:38:14.400 DOF Undersecretary Joven Z. Balbosa: the railway for Mindanao. asr-003026 02:38:14.800 --> 02:38:16.800 DOF Undersecretary Joven Z. Balbosa: We are also working with the OTR asr-003027 02:38:16.800 --> 02:38:19.080 DOF Undersecretary Joven Z. Balbosa: po on asr-003028 02:38:19.080 --> 02:38:20.780 DOF Undersecretary Joven Z. Balbosa: other lines, improving... asr-003029 02:38:20.780 --> 02:38:22.420 Senator Joseph Victor "JV" G. Ejercito: Am I correct that during the asr-003030 02:38:22.420 --> 02:38:24.660 Senator Joseph Victor "JV" G. Ejercito: president's last visit in India, this was asr-003031 02:38:24.660 --> 02:38:26.580 Senator Joseph Victor "JV" G. Ejercito: also, you were... asr-003032 02:38:26.580 --> 02:38:28.860 Senator Joseph Victor "JV" G. Ejercito: The OTR said, the secretary said asr-003033 02:38:28.860 --> 02:38:30.840 Senator Joseph Victor "JV" G. Ejercito: that you were trying to asr-003034 02:38:30.840 --> 02:38:31.740 Senator Joseph Victor "JV" G. Ejercito: look for, asr-003035 02:38:32.520 --> 02:38:34.800 Senator Joseph Victor "JV" G. Ejercito: explore the possibility of them taking asr-003036 02:38:34.800 --> 02:38:37.000 Senator Joseph Victor "JV" G. Ejercito: over South Long Hole or the Mindanao Railway. asr-003037 02:38:37.260 --> 02:38:37.420 Senator Joseph Victor "JV" G. Ejercito: Yes. asr-003038 02:38:37.420 --> 02:38:37.560 Senator Joseph Victor "JV" G. Ejercito: Yes. asr-003039 02:38:39.240 --> 02:38:40.260 DOF Undersecretary Joven Z. Balbosa: It's part of the discussion. asr-003040 02:38:41.020 --> 02:38:43.040 Senator Joseph Victor "JV" G. Ejercito: Also, just to take note, asr-003041 02:38:43.240 --> 02:38:44.900 Senator Joseph Victor "JV" G. Ejercito: we had the chance to visit the asr-003042 02:38:44.900 --> 02:38:47.240 Senator Joseph Victor "JV" G. Ejercito: EU. I think what will be asr-003043 02:38:47.240 --> 02:38:48.640 Senator Joseph Victor "JV" G. Ejercito: easy to look for are asr-003044 02:38:48.640 --> 02:38:50.580 Senator Joseph Victor "JV" G. Ejercito: for the ones to asr-003045 02:38:50.580 --> 02:38:52.160 Senator Joseph Victor "JV" G. Ejercito: take over are asr-003046 02:38:52.160 --> 02:38:54.400 Senator Joseph Victor "JV" G. Ejercito: those that have asr-003047 02:38:54.400 --> 02:38:56.440 Senator Joseph Victor "JV" G. Ejercito: experience and yung mga asr-003048 02:38:56.440 --> 02:38:57.700 Senator Joseph Victor "JV" G. Ejercito: manufacturers. asr-003049 02:38:58.860 --> 02:39:00.840 Senator Joseph Victor "JV" G. Ejercito: Spain for one or asr-003050 02:39:00.840 --> 02:39:02.900 Senator Joseph Victor "JV" G. Ejercito: EU. We had the chance asr-003051 02:39:02.900 --> 02:39:03.980 Senator Joseph Victor "JV" G. Ejercito: to go to asr-003052 02:39:03.980 --> 02:39:06.640 Senator Joseph Victor "JV" G. Ejercito: Spain a few years ago with then asr-003053 02:39:06.640 --> 02:39:08.380 Senator Joseph Victor "JV" G. Ejercito: Senate President Big Sobiri and we had asr-003054 02:39:08.380 --> 02:39:09.760 Senator Joseph Victor "JV" G. Ejercito: we had asr-003055 02:39:09.760 --> 02:39:12.400 Senator Joseph Victor "JV" G. Ejercito: an audience asr-003056 02:39:12.400 --> 02:39:13.580 Senator Joseph Victor "JV" G. Ejercito: with the king. asr-003057 02:39:15.160 --> 02:39:16.100 Senator Joseph Victor "JV" G. Ejercito: King Philip asr-003058 02:39:16.100 --> 02:39:18.820 Senator Joseph Victor "JV" G. Ejercito: kausap namin and asr-003059 02:39:18.820 --> 02:39:20.500 Senator Joseph Victor "JV" G. Ejercito: they were interested really to asr-003060 02:39:20.500 --> 02:39:22.120 Senator Joseph Victor "JV" G. Ejercito: they're looking at the Philippines asr-003061 02:39:22.120 --> 02:39:24.540 Senator Joseph Victor "JV" G. Ejercito: for sentimental value kasi asr-003062 02:39:24.540 --> 02:39:26.860 Senator Joseph Victor "JV" G. Ejercito: dati tayong colony and at the same time asr-003063 02:39:26.860 --> 02:39:28.780 Senator Joseph Victor "JV" G. Ejercito: meron silang, of course, for their asr-003064 02:39:28.780 --> 02:39:31.140 Senator Joseph Victor "JV" G. Ejercito: business interest, meron silang asr-003065 02:39:31.140 --> 02:39:32.760 Senator Joseph Victor "JV" G. Ejercito: kafe. I think that's a manufacturer. asr-003066 02:39:33.620 --> 02:39:34.900 Senator Joseph Victor "JV" G. Ejercito: Locomotive manufacturer, train asr-003067 02:39:34.900 --> 02:39:36.820 Senator Joseph Victor "JV" G. Ejercito: manufacturer. So, ito yung mga asr-003068 02:39:36.820 --> 02:39:38.880 Senator Joseph Victor "JV" G. Ejercito: potential. So, Yusek Coven, asr-003069 02:39:39.160 --> 02:39:40.800 Senator Joseph Victor "JV" G. Ejercito: just for your info, asr-003070 02:39:41.500 --> 02:39:42.980 Senator Joseph Victor "JV" G. Ejercito: yung Spain might be or Korea asr-003071 02:39:42.980 --> 02:39:44.120 Senator Joseph Victor "JV" G. Ejercito: or ito sana. Kasi, asr-003072 02:39:44.760 --> 02:39:46.500 Senator Joseph Victor "JV" G. Ejercito: the more we delay, the more it's more asr-003073 02:39:46.500 --> 02:39:48.680 Senator Joseph Victor "JV" G. Ejercito: it gets expensive. asr-003074 02:39:49.060 --> 02:39:50.840 Senator Joseph Victor "JV" G. Ejercito: Diba? Dahil sa depreciation asr-003075 02:39:50.840 --> 02:39:52.720 Senator Joseph Victor "JV" G. Ejercito: and yung cost ng asr-003076 02:39:52.720 --> 02:39:54.760 Senator Joseph Victor "JV" G. Ejercito: land and all for the right of way. asr-003077 02:39:58.080 --> 02:39:58.760 Senator Joseph Victor "JV" G. Ejercito: I feel asr-003078 02:39:58.780 --> 02:39:59.420 Senator Joseph Victor "JV" G. Ejercito: yung mga questions. asr-003079 02:40:10.820 --> 02:40:24.820 Senator Joseph Victor "JV" G. Ejercito: Thank you. asr-003080 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? asr-003081 02:40:47.540 --> 02:40:54.540 DOF Secretary Frederick D. Go: On PDIC, the DBM has included a 57. asr-003082 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. asr-003083 02:41:01.720 --> 02:41:05.100 DOF Secretary Frederick D. Go: That's right. It is in the unprogrammed appropriations, 57 billion. asr-003084 02:41:09.640 --> 02:41:11.420 Senator Joseph Victor "JV" G. Ejercito: Total is 107? asr-003085 02:41:11.780 --> 02:41:12.200 DOF Secretary Frederick D. Go: 110. asr-003086 02:41:14.200 --> 02:41:16.200 DOF Secretary Frederick D. Go: 107? Sorry, 107. asr-003087 02:41:16.340 --> 02:41:16.860 Senator Joseph Victor "JV" G. Ejercito: 107. asr-003088 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. asr-003089 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. asr-003090 02:41:51.140 --> 02:41:54.460 Senator Joseph Victor "JV" G. Ejercito: So for 2025-2026, how many shipments? asr-003091 02:41:54.540 --> 02:41:55.220 Senator Joseph Victor "JV" G. Ejercito: How many shipments were selected? asr-003092 02:42:00.280 --> 02:42:03.300 Senator Joseph Victor "JV" G. Ejercito: B.O.C.'s capital outlay is down by 25%. asr-003093 02:42:03.300 --> 02:42:06.880 Senator Joseph Victor "JV" G. Ejercito: What items are actually affected by this reduction? asr-003094 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? asr-003095 02:42:14.520 --> 02:42:15.960 Senator Joseph Victor "JV" G. Ejercito: At high-volume ports in Manila. asr-003096 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? asr-003097 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. asr-003098 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. asr-003099 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. asr-003100 02:42:49.600 --> 02:42:54.520 BOC Commissioner Ariel F. Nepomuceno: But we have already included that in our list of priorities. asr-003101 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. asr-003102 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. asr-003103 02:43:11.080 --> 02:43:13.200 Senator Joseph Victor "JV" G. Ejercito: What else from the scanners, let us know. asr-003104 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? asr-003105 02:43:21.420 --> 02:43:22.280 Senator Joseph Victor "JV" G. Ejercito: Kung baga, ayas. asr-003106 02:43:22.800 --> 02:43:24.520 BOC Commissioner Ariel F. Nepomuceno: Nag-lista po kami, Mr. Chair. asr-003107 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. asr-003108 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. asr-003109 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 asr-003110 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. asr-003111 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. asr-003112 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. asr-003113 02:44:21.640 --> 02:44:23.560 BOC Commissioner Ariel F. Nepomuceno: Tinutulungan naman po kami ng Philippine Navy. asr-003114 02:44:24.520 --> 02:44:25.780 BOC Commissioner Ariel F. Nepomuceno: At ang Philippine Coast Guard. asr-003115 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. asr-003116 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. asr-003117 02:44:39.120 --> 02:44:43.380 BOC Commissioner Ariel F. Nepomuceno: At pang lima, ganun po yung repair po ng amici vessels. asr-003118 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. asr-003119 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. asr-003120 02:44:54.520 --> 02:44:54.920 BOC Commissioner Ariel F. Nepomuceno: Sana. asr-003121 02:44:55.460 --> 02:45:00.000 BOC Commissioner Ariel F. Nepomuceno: At pang huli, yung mga ibang MOOE expenses para dito. asr-003122 02:45:00.000 --> 02:45:01.840 BOC Commissioner Ariel F. Nepomuceno: po sa condemnation activities. asr-003123 02:45:02.300 --> 02:45:03.480 BOC Commissioner Ariel F. Nepomuceno: Mahaba po yung lista po namin. asr-003124 02:45:03.740 --> 02:45:05.320 BOC Commissioner Ariel F. Nepomuceno: So, balit ito po sana yung asr-003125 02:45:05.320 --> 02:45:06.820 BOC Commissioner Ariel F. Nepomuceno: prioridad. Dahil from asr-003126 02:45:06.820 --> 02:45:08.700 BOC Commissioner Ariel F. Nepomuceno: 20, from an asr-003127 02:45:08.700 --> 02:45:10.620 BOC Commissioner Ariel F. Nepomuceno: original request of 29 asr-003128 02:45:10.620 --> 02:45:12.900 BOC Commissioner Ariel F. Nepomuceno: billion, naging 5.9 asr-003129 02:45:12.900 --> 02:45:14.980 BOC Commissioner Ariel F. Nepomuceno: billion po yung aming approved NEP. asr-003130 02:45:16.660 --> 02:45:17.260 BOC Commissioner Ariel F. Nepomuceno: Medyo asr-003131 02:45:17.260 --> 02:45:18.740 Senator Joseph Victor "JV" G. Ejercito: malayo po. 24 billion asr-003132 02:45:18.740 --> 02:45:19.280 Senator Joseph Victor "JV" G. Ejercito: ang variance. asr-003133 02:45:21.040 --> 02:45:22.680 Senator Joseph Victor "JV" G. Ejercito: Tanong ko lang ulit, any asr-003134 02:45:22.680 --> 02:45:24.720 Senator Joseph Victor "JV" G. Ejercito: update no? Kumari, I had the chance asr-003135 02:45:24.720 --> 02:45:26.400 Senator Joseph Victor "JV" G. Ejercito: to visit yung Port of Manila asr-003136 02:45:26.400 --> 02:45:27.360 Senator Joseph Victor "JV" G. Ejercito: few years ago. asr-003137 02:45:27.360 --> 02:45:30.460 Senator Joseph Victor "JV" G. Ejercito: Yung pala, yung nasunog yun, ano? asr-003138 02:45:30.780 --> 02:45:31.920 Senator Joseph Victor "JV" G. Ejercito: Yung main headquarters. asr-003139 02:45:32.360 --> 02:45:34.400 Senator Joseph Victor "JV" G. Ejercito: And you are, Port of Manila asr-003140 02:45:34.400 --> 02:45:35.840 Senator Joseph Victor "JV" G. Ejercito: is holding office in asr-003141 02:45:35.840 --> 02:45:37.500 Senator Joseph Victor "JV" G. Ejercito: temporary office. asr-003142 02:45:38.800 --> 02:45:40.380 Senator Joseph Victor "JV" G. Ejercito: Basketball court. Hanggang ngayon. asr-003143 02:45:41.060 --> 02:45:42.740 BOC Commissioner Ariel F. Nepomuceno: Oo. Galing po ako asr-003144 02:45:42.740 --> 02:45:44.720 BOC Commissioner Ariel F. Nepomuceno: ng Office of Civil Defense. Akala ko po asr-003145 02:45:44.720 --> 02:45:46.860 BOC Commissioner Ariel F. Nepomuceno: yung Port of Manila, evacuation center asr-003146 02:45:46.860 --> 02:45:48.700 BOC Commissioner Ariel F. Nepomuceno: din. Yung mga asr-003147 02:45:48.700 --> 02:45:50.580 BOC Commissioner Ariel F. Nepomuceno: kabli po, tuwing, hindi po asr-003148 02:45:50.580 --> 02:45:52.640 BOC Commissioner Ariel F. Nepomuceno: kailangan bumagyo. Tuwing nag-high asr-003149 02:45:52.640 --> 02:45:54.340 BOC Commissioner Ariel F. Nepomuceno: tide, delikado rin po yun. asr-003150 02:45:54.500 --> 02:45:56.720 BOC Commissioner Ariel F. Nepomuceno: We have to collect billions every day. asr-003151 02:45:56.720 --> 02:45:58.420 BOC Commissioner Ariel F. Nepomuceno: So once our operations asr-003152 02:45:58.420 --> 02:46:00.080 BOC Commissioner Ariel F. Nepomuceno: are affected by this asr-003153 02:46:00.080 --> 02:46:01.620 BOC Commissioner Ariel F. Nepomuceno: flooding. asr-003154 02:46:02.640 --> 02:46:03.520 Senator Joseph Victor "JV" G. Ejercito: That's near asr-003155 02:46:03.520 --> 02:46:06.260 Senator Joseph Victor "JV" G. Ejercito: malapit sa Manila, of course. asr-003156 02:46:06.380 --> 02:46:06.860 Senator Joseph Victor "JV" G. Ejercito: Nando kayo sa asr-003157 02:46:06.860 --> 02:46:09.240 Senator Joseph Victor "JV" G. Ejercito: Bay Area, no? asr-003158 02:46:10.140 --> 02:46:11.940 Senator Joseph Victor "JV" G. Ejercito: So pag nag-high tide, pumapasok sa loob. asr-003159 02:46:11.940 --> 02:46:12.400 BOC Commissioner Ariel F. Nepomuceno: Opo. asr-003160 02:46:13.980 --> 02:46:14.540 Senator Joseph Victor "JV" G. Ejercito: Danger. asr-003161 02:46:14.900 --> 02:46:18.740 Senator Joseph Victor "JV" G. Ejercito: That puts the equipment in danger. asr-003162 02:46:18.920 --> 02:46:19.680 Senator Joseph Victor "JV" G. Ejercito: Lalo na yung ating mga asr-003163 02:46:19.680 --> 02:46:22.060 Senator Joseph Victor "JV" G. Ejercito: records and all, di ba? asr-003164 02:46:22.300 --> 02:46:24.620 BOC Commissioner Ariel F. Nepomuceno: Tama po. Yung pong binabanggin nyo po asr-003165 02:46:24.620 --> 02:46:26.420 BOC Commissioner Ariel F. Nepomuceno: yung Port of Manila building na sunog na po. asr-003166 02:46:26.720 --> 02:46:29.480 BOC Commissioner Ariel F. Nepomuceno: So what we intend to do asr-003167 02:46:29.480 --> 02:46:31.240 BOC Commissioner Ariel F. Nepomuceno: is to, of course, asr-003168 02:46:31.500 --> 02:46:33.140 BOC Commissioner Ariel F. Nepomuceno: meron pong budget naman po doon asr-003169 02:46:33.140 --> 02:46:34.760 BOC Commissioner Ariel F. Nepomuceno: for this year, for the design asr-003170 02:46:34.760 --> 02:46:36.820 BOC Commissioner Ariel F. Nepomuceno: of the Port of Manila. Kaya lang po yung asr-003171 02:46:36.820 --> 02:46:39.120 BOC Commissioner Ariel F. Nepomuceno: kabuuan po yun, the entire complex of the asr-003172 02:46:39.120 --> 02:46:40.760 BOC Commissioner Ariel F. Nepomuceno: BOC, hindi po kasama. asr-003173 02:46:41.360 --> 02:46:41.600 BOC Commissioner Ariel F. Nepomuceno: So, asr-003174 02:46:41.900 --> 02:46:45.080 BOC Commissioner Ariel F. Nepomuceno: we are actually transferring asr-003175 02:46:45.080 --> 02:46:47.260 BOC Commissioner Ariel F. Nepomuceno: by leasing to another asr-003176 02:46:47.260 --> 02:46:49.240 BOC Commissioner Ariel F. Nepomuceno: area for the meantime, upang asr-003177 02:46:49.240 --> 02:46:51.260 BOC Commissioner Ariel F. Nepomuceno: magawa po yung disenyo at masimulan po asr-003178 02:46:51.260 --> 02:46:52.820 BOC Commissioner Ariel F. Nepomuceno: yung construction ito. Pero asr-003179 02:46:52.820 --> 02:46:54.740 BOC Commissioner Ariel F. Nepomuceno: 2028 na po probably yung asr-003180 02:46:54.740 --> 02:46:56.560 BOC Commissioner Ariel F. Nepomuceno: construction. So what we can asr-003181 02:46:56.560 --> 02:46:58.560 BOC Commissioner Ariel F. Nepomuceno: do with our budget, asr-003182 02:46:58.800 --> 02:47:00.880 BOC Commissioner Ariel F. Nepomuceno: meron pong budget for 2026 asr-003183 02:47:00.880 --> 02:47:02.640 BOC Commissioner Ariel F. Nepomuceno: which we can use to design asr-003184 02:47:02.640 --> 02:47:04.420 BOC Commissioner Ariel F. Nepomuceno: po yung Port of Manila offices. asr-003185 02:47:08.040 --> 02:47:09.060 Senator Joseph Victor "JV" G. Ejercito: Ito lang, meron asr-003186 02:47:09.060 --> 02:47:09.580 Senator Joseph Victor "JV" G. Ejercito: ng tanong. asr-003187 02:47:11.480 --> 02:47:12.960 Senator Joseph Victor "JV" G. Ejercito: Ito, on failed fuel asr-003188 02:47:12.960 --> 02:47:15.140 Senator Joseph Victor "JV" G. Ejercito: marking confirmatory test asr-003189 02:47:15.140 --> 02:47:17.020 Senator Joseph Victor "JV" G. Ejercito: under the BIR and BOC Joint Operations asr-003190 02:47:17.020 --> 02:47:18.560 Senator Joseph Victor "JV" G. Ejercito: Report this September 26, asr-003191 02:47:19.500 --> 02:47:21.040 Senator Joseph Victor "JV" G. Ejercito: it revealed that out asr-003192 02:47:21.040 --> 02:47:23.320 Senator Joseph Victor "JV" G. Ejercito: of the 421 fuel stations asr-003193 02:47:23.320 --> 02:47:25.100 Senator Joseph Victor "JV" G. Ejercito: inspected nationwide, 164 asr-003194 02:47:25.100 --> 02:47:27.660 Senator Joseph Victor "JV" G. Ejercito: stations nearly, 39% asr-003195 02:47:27.660 --> 02:47:29.300 Senator Joseph Victor "JV" G. Ejercito: failed confirmatory asr-003196 02:47:29.300 --> 02:47:31.320 Senator Joseph Victor "JV" G. Ejercito: testing for unmarked asr-003197 02:47:31.320 --> 02:47:32.480 Senator Joseph Victor "JV" G. Ejercito: or illicit fuel. asr-003198 02:47:33.320 --> 02:47:35.200 Senator Joseph Victor "JV" G. Ejercito: So, how are asr-003199 02:47:35.200 --> 02:47:37.020 Senator Joseph Victor "JV" G. Ejercito: these, question, how asr-003200 02:47:37.020 --> 02:47:38.940 Senator Joseph Victor "JV" G. Ejercito: are these millions of liters of asr-003201 02:47:38.940 --> 02:47:40.560 Senator Joseph Victor "JV" G. Ejercito: tax-evaded fuel bypassing asr-003202 02:47:40.560 --> 02:47:42.740 Senator Joseph Victor "JV" G. Ejercito: our port of entry without asr-003203 02:47:42.740 --> 02:47:45.020 Senator Joseph Victor "JV" G. Ejercito: detection? So, ito ang isa sa mga ano ngayon, asr-003204 02:47:45.120 --> 02:47:46.620 Senator Joseph Victor "JV" G. Ejercito: yung fuel smuggling. asr-003205 02:47:47.580 --> 02:47:49.120 Senator Joseph Victor "JV" G. Ejercito: Yan, ang tanong asr-003206 02:47:49.120 --> 02:47:51.040 Senator Joseph Victor "JV" G. Ejercito: lang, how are these millions asr-003207 02:47:51.040 --> 02:47:53.280 Senator Joseph Victor "JV" G. Ejercito: of liters tax-evaded fuel bypassing asr-003208 02:47:53.280 --> 02:47:54.880 Senator Joseph Victor "JV" G. Ejercito: our port without detection? asr-003209 02:47:55.100 --> 02:47:56.600 Senator Joseph Victor "JV" G. Ejercito: Ano bang challenges? asr-003210 02:47:56.860 --> 02:47:58.980 Senator Joseph Victor "JV" G. Ejercito: Kulang ba sa kagamitan? Vessels? asr-003211 02:47:59.700 --> 02:48:01.340 BOC Commissioner Ariel F. Nepomuceno: Ganun na po, Mr. Chair. asr-003212 02:48:01.500 --> 02:48:02.540 BOC Commissioner Ariel F. Nepomuceno: Thank you po sa tanong. asr-003213 02:48:02.980 --> 02:48:04.600 BOC Commissioner Ariel F. Nepomuceno: Pag po pumasok ang mga asr-003214 02:48:04.600 --> 02:48:07.400 BOC Commissioner Ariel F. Nepomuceno: imported petroleum products asr-003215 02:48:07.400 --> 02:48:08.700 BOC Commissioner Ariel F. Nepomuceno: sa ating international ports, asr-003216 02:48:09.220 --> 02:48:10.780 BOC Commissioner Ariel F. Nepomuceno: yan po kaya po nating bantayan asr-003217 02:48:10.780 --> 02:48:13.380 BOC Commissioner Ariel F. Nepomuceno: dahil may mga tauhan naman po asr-003218 02:48:13.380 --> 02:48:14.800 BOC Commissioner Ariel F. Nepomuceno: tayo doon. Ang malaking asr-003219 02:48:14.800 --> 02:48:16.980 BOC Commissioner Ariel F. Nepomuceno: suliranin po natin ay yun pong asr-003220 02:48:16.980 --> 02:48:18.960 BOC Commissioner Ariel F. Nepomuceno: tinatawag po na paihi sa asr-003221 02:48:18.960 --> 02:48:21.200 BOC Commissioner Ariel F. Nepomuceno: Karagatanan. Of course, asr-003222 02:48:21.920 --> 02:48:23.160 BOC Commissioner Ariel F. Nepomuceno: we have to admit asr-003223 02:48:23.160 --> 02:48:24.580 BOC Commissioner Ariel F. Nepomuceno: that the BOC right now, asr-003224 02:48:25.100 --> 02:48:27.140 BOC Commissioner Ariel F. Nepomuceno: we don't have the capability to do that. asr-003225 02:48:27.260 --> 02:48:28.940 BOC Commissioner Ariel F. Nepomuceno: Exactly, this is the reason why we are asr-003226 02:48:28.940 --> 02:48:30.880 BOC Commissioner Ariel F. Nepomuceno: requesting to build our own asr-003227 02:48:30.880 --> 02:48:32.920 BOC Commissioner Ariel F. Nepomuceno: maritime capability and build asr-003228 02:48:32.920 --> 02:48:33.860 BOC Commissioner Ariel F. Nepomuceno: our asr-003229 02:48:33.860 --> 02:48:36.860 BOC Commissioner Ariel F. Nepomuceno: again, capability asr-003230 02:48:36.860 --> 02:48:38.200 BOC Commissioner Ariel F. Nepomuceno: to apprehend asr-003231 02:48:38.200 --> 02:48:40.760 BOC Commissioner Ariel F. Nepomuceno: smuggling being done in the asr-003232 02:48:40.760 --> 02:48:43.460 BOC Commissioner Ariel F. Nepomuceno: high seas. Hindi lang po asr-003233 02:48:43.460 --> 02:48:45.100 BOC Commissioner Ariel F. Nepomuceno: gasolina ang nangyari asr-003234 02:48:45.100 --> 02:48:46.860 BOC Commissioner Ariel F. Nepomuceno: sa high seas, kasama po asr-003235 02:48:46.860 --> 02:48:48.660 BOC Commissioner Ariel F. Nepomuceno: dyan ang sigarilyo at actually asr-003236 02:48:48.660 --> 02:48:50.120 BOC Commissioner Ariel F. Nepomuceno: even illegal drugs. asr-003237 02:48:50.840 --> 02:48:52.760 Senator Joseph Victor "JV" G. Ejercito: So, that's the reason why you're asr-003238 02:48:52.760 --> 02:48:55.060 Senator Joseph Victor "JV" G. Ejercito: sa capital outlay kasama yung acquisition? asr-003239 02:48:55.100 --> 02:48:55.920 Senator Joseph Victor "JV" G. Ejercito: Or you're aware of asr-003240 02:48:55.920 --> 02:48:59.400 Senator Joseph Victor "JV" G. Ejercito: vessels? Ilang vessels po ba asr-003241 02:48:59.400 --> 02:49:00.520 Senator Joseph Victor "JV" G. Ejercito: pinag-uusapan natin? asr-003242 02:49:00.840 --> 02:49:03.100 BOC Commissioner Ariel F. Nepomuceno: Sa unang request po namin, tatlo po asr-003243 02:49:03.100 --> 02:49:04.980 BOC Commissioner Ariel F. Nepomuceno: muna dahil meron naman pong labing asr-003244 02:49:04.980 --> 02:49:06.580 BOC Commissioner Ariel F. Nepomuceno: siyam na pwede po nating i-repair. asr-003245 02:49:07.000 --> 02:49:09.000 BOC Commissioner Ariel F. Nepomuceno: And the repair cost is included with the asr-003246 02:49:09.000 --> 02:49:10.760 BOC Commissioner Ariel F. Nepomuceno: amount already mentioned by asr-003247 02:49:10.760 --> 02:49:12.760 BOC Commissioner Ariel F. Nepomuceno: Secretary Fredrick Goh earlier, doon po sa asr-003248 02:49:12.760 --> 02:49:15.100 BOC Commissioner Ariel F. Nepomuceno: 10 billion. Kasama na po asr-003249 02:49:15.100 --> 02:49:16.560 BOC Commissioner Ariel F. Nepomuceno: yung repair. But of course, asr-003250 02:49:18.220 --> 02:49:19.000 BOC Commissioner Ariel F. Nepomuceno: ano lang po, asr-003251 02:49:19.100 --> 02:49:21.140 BOC Commissioner Ariel F. Nepomuceno: initial capability build-up asr-003252 02:49:21.140 --> 02:49:23.220 BOC Commissioner Ariel F. Nepomuceno: lang to. We are now asr-003253 02:49:23.220 --> 02:49:25.060 BOC Commissioner Ariel F. Nepomuceno: being, asr-003254 02:49:25.100 --> 02:49:26.920 BOC Commissioner Ariel F. Nepomuceno: being assisted by the Philippine Coast Guard asr-003255 02:49:26.920 --> 02:49:29.320 BOC Commissioner Ariel F. Nepomuceno: on how to design the entire asr-003256 02:49:29.320 --> 02:49:30.960 BOC Commissioner Ariel F. Nepomuceno: system. Hindi lang po kasi to see asr-003257 02:49:30.960 --> 02:49:33.220 BOC Commissioner Ariel F. Nepomuceno: vessels. We have to have our own asr-003258 02:49:33.220 --> 02:49:34.660 BOC Commissioner Ariel F. Nepomuceno: repair capability asr-003259 02:49:34.660 --> 02:49:37.060 BOC Commissioner Ariel F. Nepomuceno: and even the staffing pattern po asr-003260 02:49:37.060 --> 02:49:38.400 BOC Commissioner Ariel F. Nepomuceno: yung organization to man asr-003261 02:49:38.400 --> 02:49:40.940 BOC Commissioner Ariel F. Nepomuceno: and manage this organization asr-003262 02:49:40.940 --> 02:49:42.920 BOC Commissioner Ariel F. Nepomuceno: should be really asr-003263 02:49:42.920 --> 02:49:45.060 Senator Joseph Victor "JV" G. Ejercito: effective. Meron pa kayong unit na asr-003264 02:49:45.060 --> 02:49:45.920 Senator Joseph Victor "JV" G. Ejercito: ganun para sa asr-003265 02:49:45.920 --> 02:49:49.240 Senator Joseph Victor "JV" G. Ejercito: pag-maintain and operate asr-003266 02:49:49.240 --> 02:49:50.200 Senator Joseph Victor "JV" G. Ejercito: na vessels? asr-003266-split-2 02:49:50.200 --> 02:49:50.740 BOC Commissioner Ariel F. Nepomuceno: Meron po. asr-003267 02:49:51.800 --> 02:49:53.020 BOC Commissioner Ariel F. Nepomuceno: The big picture po, asr-003268 02:49:53.020 --> 02:49:54.460 BOC Commissioner Ariel F. Nepomuceno: Mr. Chair, the answer is yes. asr-003269 02:49:55.100 --> 02:49:57.160 BOC Commissioner Ariel F. Nepomuceno: Meron po kaming Water Patrol asr-003270 02:49:57.160 --> 02:49:59.360 BOC Commissioner Ariel F. Nepomuceno: Division. Sa pangalan asr-003271 02:49:59.360 --> 02:50:01.200 BOC Commissioner Ariel F. Nepomuceno: pa lang po, alam nyo mong maliit na, asr-003272 02:50:01.380 --> 02:50:03.020 BOC Commissioner Ariel F. Nepomuceno: di ba? But the asr-003273 02:50:03.020 --> 02:50:05.420 BOC Commissioner Ariel F. Nepomuceno: mission is bigger asr-003274 02:50:05.420 --> 02:50:06.960 BOC Commissioner Ariel F. Nepomuceno: than our existing organization. asr-003275 02:50:07.100 --> 02:50:08.460 Senator Joseph Victor "JV" G. Ejercito: Probably, we're losing, ano, asr-003276 02:50:08.740 --> 02:50:10.700 Senator Joseph Victor "JV" G. Ejercito: probably millions here doon sa asr-003277 02:50:10.700 --> 02:50:12.180 Senator Joseph Victor "JV" G. Ejercito: paihi na sinasabi nyo. asr-003278 02:50:12.260 --> 02:50:15.060 Senator Joseph Victor "JV" G. Ejercito: Pag may tanker, didikit asr-003279 02:50:15.060 --> 02:50:16.620 Senator Joseph Victor "JV" G. Ejercito: isa pang mas maliit na tanker, no? asr-003280 02:50:17.400 --> 02:50:19.200 Senator Joseph Victor "JV" G. Ejercito: From our information, medyo asr-003281 02:50:19.200 --> 02:50:21.420 Senator Joseph Victor "JV" G. Ejercito: malaking negosyo ito. asr-003282 02:50:21.500 --> 02:50:23.380 Senator Joseph Victor "JV" G. Ejercito: Malaking itong paihi na ito. asr-003283 02:50:23.700 --> 02:50:25.060 BOC Commissioner Ariel F. Nepomuceno: Actually, Mr. asr-003284 02:50:25.100 --> 02:50:26.560 BOC Commissioner Ariel F. Nepomuceno: Chair, to appreciate, asr-003285 02:50:27.380 --> 02:50:28.900 BOC Commissioner Ariel F. Nepomuceno: sometimes nakikita po namin asr-003286 02:50:28.900 --> 02:50:30.400 BOC Commissioner Ariel F. Nepomuceno: because we have subscribed asr-003287 02:50:30.400 --> 02:50:31.560 BOC Commissioner Ariel F. Nepomuceno: to asr-003288 02:50:31.560 --> 02:50:35.040 BOC Commissioner Ariel F. Nepomuceno: monitoring systems wherein we can asr-003289 02:50:35.040 --> 02:50:37.080 BOC Commissioner Ariel F. Nepomuceno: see the hundreds asr-003290 02:50:37.080 --> 02:50:38.540 BOC Commissioner Ariel F. Nepomuceno: of ships within our asr-003291 02:50:38.540 --> 02:50:40.680 BOC Commissioner Ariel F. Nepomuceno: Philippine area of responsibility. asr-003292 02:50:42.260 --> 02:50:43.400 BOC Commissioner Ariel F. Nepomuceno: Makikita nyo po yan, asr-003293 02:50:43.520 --> 02:50:44.840 BOC Commissioner Ariel F. Nepomuceno: konting detaly po. asr-003294 02:50:44.940 --> 02:50:47.200 BOC Commissioner Ariel F. Nepomuceno: Pag bumagal yung barko ng 3 knots, asr-003295 02:50:47.980 --> 02:50:49.040 BOC Commissioner Ariel F. Nepomuceno: ang takbo lang po niyan asr-003296 02:50:49.040 --> 02:50:50.960 BOC Commissioner Ariel F. Nepomuceno: sa high seas, alam na po namin asr-003297 02:50:50.960 --> 02:50:51.900 BOC Commissioner Ariel F. Nepomuceno: may didikit doon. asr-003298 02:50:52.420 --> 02:50:54.620 BOC Commissioner Ariel F. Nepomuceno: But bigla pong mawawal. asr-003299 02:50:55.100 --> 02:50:56.900 Senator Joseph Victor "JV" G. Ejercito: Wala silang asr-003300 02:50:56.900 --> 02:50:57.960 BOC Commissioner Ariel F. Nepomuceno: transponder. asr-003301 02:50:58.100 --> 02:50:59.980 BOC Commissioner Ariel F. Nepomuceno: Madidikit po, pinapatay po nilang asr-003302 02:50:59.980 --> 02:51:00.720 BOC Commissioner Ariel F. Nepomuceno: transponder. asr-003303 02:51:01.520 --> 02:51:04.400 BOC Commissioner Ariel F. Nepomuceno: Hindi naman po pwedeng lumangoy po asr-003304 02:51:04.400 --> 02:51:05.500 BOC Commissioner Ariel F. Nepomuceno: ang ating mga tauan lang. asr-003305 02:51:06.180 --> 02:51:07.780 BOC Commissioner Ariel F. Nepomuceno: We have to have that capability asr-003306 02:51:07.780 --> 02:51:08.740 BOC Commissioner Ariel F. Nepomuceno: for the long term. asr-003307 02:51:11.000 --> 02:51:12.480 Senator Joseph Victor "JV" G. Ejercito: Receive information, talaga asr-003308 02:51:12.480 --> 02:51:13.580 Senator Joseph Victor "JV" G. Ejercito: malaking negosyo itong asr-003309 02:51:13.580 --> 02:51:15.160 Senator Joseph Victor "JV" G. Ejercito: paihi. asr-003310 02:51:15.860 --> 02:51:18.600 Senator Joseph Victor "JV" G. Ejercito: Pero I think it's just the lack of asr-003311 02:51:18.600 --> 02:51:20.100 Senator Joseph Victor "JV" G. Ejercito: equipment or vessels. asr-003312 02:51:22.220 --> 02:51:23.480 Senator Joseph Victor "JV" G. Ejercito: So wala tayo. asr-003313 02:51:23.480 --> 02:51:24.980 Senator Joseph Victor "JV" G. Ejercito: You don't think there's asr-003314 02:51:24.980 --> 02:51:26.240 Senator Joseph Victor "JV" G. Ejercito: any custom officials asr-003315 02:51:26.240 --> 02:51:27.480 Senator Joseph Victor "JV" G. Ejercito: that are involved here? asr-003316 02:51:27.820 --> 02:51:28.380 Senator Joseph Victor "JV" G. Ejercito: O meron din? asr-003317 02:51:28.440 --> 02:51:29.480 Senator Joseph Victor "JV" G. Ejercito: Kung meron man, meron bang asr-003318 02:51:29.480 --> 02:51:32.700 Senator Joseph Victor "JV" G. Ejercito: naparosahan na dito sa fuel smuggling? asr-003319 02:51:33.600 --> 02:51:34.480 BOC Commissioner Ariel F. Nepomuceno: Wala pa po. asr-003320 02:51:34.840 --> 02:51:36.620 BOC Commissioner Ariel F. Nepomuceno: So ako po bilang pinuno po ng asr-003321 02:51:36.620 --> 02:51:39.260 BOC Commissioner Ariel F. Nepomuceno: BOC, asr-003322 02:51:39.600 --> 02:51:41.020 BOC Commissioner Ariel F. Nepomuceno: while I fully trust asr-003323 02:51:41.020 --> 02:51:42.720 BOC Commissioner Ariel F. Nepomuceno: our own people, of course, asr-003324 02:51:43.180 --> 02:51:44.940 BOC Commissioner Ariel F. Nepomuceno: my presumption always is asr-003325 02:51:44.940 --> 02:51:46.660 BOC Commissioner Ariel F. Nepomuceno: maaring merong involved. asr-003326 02:51:47.280 --> 02:51:48.900 BOC Commissioner Ariel F. Nepomuceno: I cannot just sit down asr-003327 02:51:48.900 --> 02:51:50.100 BOC Commissioner Ariel F. Nepomuceno: and just trust and then asr-003328 02:51:50.100 --> 02:51:53.080 BOC Commissioner Ariel F. Nepomuceno: laging po kaming nagbabantay asr-003329 02:51:53.080 --> 02:51:54.440 BOC Commissioner Ariel F. Nepomuceno: sa aming mga kasamahan. asr-003330 02:51:54.980 --> 02:51:55.960 BOC Commissioner Ariel F. Nepomuceno: Along with the other agencies. asr-003331 02:51:56.140 --> 02:51:58.240 BOC Commissioner Ariel F. Nepomuceno: We welcome the other agencies asr-003332 02:51:58.240 --> 02:52:01.100 BOC Commissioner Ariel F. Nepomuceno: being involved in apprehending asr-003333 02:52:01.100 --> 02:52:03.320 BOC Commissioner Ariel F. Nepomuceno: smuggled importations. asr-003334 02:52:05.900 --> 02:52:08.060 Senator Joseph Victor "JV" G. Ejercito: Senator Bong Go would like to ask questions. asr-003335 02:52:08.140 --> 02:52:08.860 Senator Christopher Lawrence T. Go: Singit lang po ako. asr-003336 02:52:09.800 --> 02:52:11.560 Senator Christopher Lawrence T. Go: Tanong ko lang po, Commissioner, asr-003337 02:52:11.740 --> 02:52:14.620 Senator Christopher Lawrence T. Go: yung mga vehicles na nahuhuli ninyo, asr-003338 02:52:14.740 --> 02:52:15.820 Senator Christopher Lawrence T. Go: yung mga imported vehicles, asr-003339 02:52:16.600 --> 02:52:17.540 Senator Christopher Lawrence T. Go: anong ginagawa nyo ngayon asr-003340 02:52:17.540 --> 02:52:18.600 Senator Christopher Lawrence T. Go: in auction ninyo? asr-003341 02:52:19.780 --> 02:52:21.600 Senator Christopher Lawrence T. Go: Maalala ko nung time ni asr-003342 02:52:21.600 --> 02:52:22.780 Senator Christopher Lawrence T. Go: former President Duterte, asr-003343 02:52:22.940 --> 02:52:24.440 Senator Christopher Lawrence T. Go: meron mga winasak po. asr-003344 02:52:24.980 --> 02:52:25.860 Senator Christopher Lawrence T. Go: Bak, sinagasaan. asr-003345 02:52:26.560 --> 02:52:28.280 Senator Christopher Lawrence T. Go: Anong ginagawa nyo po ngayon asr-003346 02:52:28.280 --> 02:52:29.080 Senator Christopher Lawrence T. Go: sa mga nahuli? asr-003347 02:52:29.340 --> 02:52:31.940 Senator Christopher Lawrence T. Go: Anong period na binibigay nyo sa kanila? asr-003348 02:52:32.800 --> 02:52:34.640 Senator Christopher Lawrence T. Go: Or for auction na ho ba ito? asr-003349 02:52:35.080 --> 02:52:37.260 Senator Christopher Lawrence T. Go: Additional revenues sa gobyerno? asr-003350 02:52:37.500 --> 02:52:39.800 Senator Christopher Lawrence T. Go: Anong pinagkaiba noon at sa ngayon po? asr-003351 02:52:40.100 --> 02:52:42.780 BOC Commissioner Ariel F. Nepomuceno: Ang pulisiya ko po asr-003352 02:52:42.780 --> 02:52:43.680 BOC Commissioner Ariel F. Nepomuceno: bilang Commissioner, asr-003353 02:52:44.420 --> 02:52:46.380 BOC Commissioner Ariel F. Nepomuceno: ay i-auction po ito. asr-003354 02:52:46.440 --> 02:52:47.660 BOC Commissioner Ariel F. Nepomuceno: Dahil sayang naman po yung asr-003355 02:52:47.660 --> 02:52:49.340 BOC Commissioner Ariel F. Nepomuceno: pwede nating malikom na pondo, asr-003356 02:52:49.460 --> 02:52:51.900 BOC Commissioner Ariel F. Nepomuceno: pwede magamit po sa mga programa ng pamahalaan. asr-003357 02:52:52.560 --> 02:52:54.820 BOC Commissioner Ariel F. Nepomuceno: There are three valid options po. asr-003358 02:52:54.980 --> 02:52:55.920 BOC Commissioner Ariel F. Nepomuceno: Number one, asr-003359 02:52:56.100 --> 02:52:56.520 BOC Commissioner Ariel F. Nepomuceno: masakin. asr-003360 02:52:57.220 --> 02:52:58.260 BOC Commissioner Ariel F. Nepomuceno: Bilang Commissioner po, asr-003361 02:52:58.380 --> 02:53:00.260 BOC Commissioner Ariel F. Nepomuceno: hindi ko po ito gagawin. asr-003362 02:53:00.700 --> 02:53:02.260 BOC Commissioner Ariel F. Nepomuceno: Unless utusan po ako ng asr-003363 02:53:02.260 --> 02:53:03.360 BOC Commissioner Ariel F. Nepomuceno: mas mataas po sa akin. asr-003364 02:53:03.740 --> 02:53:05.500 BOC Commissioner Ariel F. Nepomuceno: But I prefer not to do that. asr-003365 02:53:05.600 --> 02:53:06.100 BOC Commissioner Ariel F. Nepomuceno: Pangalawa po, asr-003366 02:53:06.240 --> 02:53:07.400 BOC Commissioner Ariel F. Nepomuceno: pwede po namin by law asr-003367 02:53:07.400 --> 02:53:10.180 BOC Commissioner Ariel F. Nepomuceno: to donate this to other government agencies. asr-003368 02:53:10.360 --> 02:53:10.880 BOC Commissioner Ariel F. Nepomuceno: Kaya lang po, asr-003369 02:53:11.300 --> 02:53:13.300 BOC Commissioner Ariel F. Nepomuceno: kapag mga luxury or high-end vehicles, asr-003370 02:53:13.460 --> 02:53:14.560 BOC Commissioner Ariel F. Nepomuceno: hindi po naman magandang asr-003371 02:53:14.560 --> 02:53:16.400 BOC Commissioner Ariel F. Nepomuceno: gamitin po ito ng mga asr-003372 02:53:16.400 --> 02:53:17.780 BOC Commissioner Ariel F. Nepomuceno: opisyal po ng pamahalaan. asr-003373 02:53:18.120 --> 02:53:19.620 BOC Commissioner Ariel F. Nepomuceno: Kaya nandun lang po ako sa pangatlo. asr-003374 02:53:20.060 --> 02:53:21.220 BOC Commissioner Ariel F. Nepomuceno: Na ito po ay i-auction asr-003375 02:53:21.220 --> 02:53:24.460 BOC Commissioner Ariel F. Nepomuceno: and I assure the committee that asr-003376 02:53:24.460 --> 02:53:26.960 BOC Commissioner Ariel F. Nepomuceno: our auction will definitely be asr-003377 02:53:26.960 --> 02:53:28.920 BOC Commissioner Ariel F. Nepomuceno: competitive and transparent po. asr-003378 02:53:29.320 --> 02:53:31.220 BOC Commissioner Ariel F. Nepomuceno: Tuwing po meron kaming auction yung bidding, asr-003379 02:53:31.760 --> 02:53:33.560 BOC Commissioner Ariel F. Nepomuceno: yan po ay napapanood live po sa asr-003380 02:53:33.560 --> 02:53:35.500 BOC Commissioner Ariel F. Nepomuceno: YouTube or Facebook. asr-003381 02:53:35.940 --> 02:53:37.180 BOC Commissioner Ariel F. Nepomuceno: At talagang competitive po yan. asr-003382 02:53:37.240 --> 02:53:39.380 BOC Commissioner Ariel F. Nepomuceno: This is the reason why we were able to generate asr-003383 02:53:39.380 --> 02:53:41.440 BOC Commissioner Ariel F. Nepomuceno: funds. Right now, nasa asr-003384 02:53:41.440 --> 02:53:43.260 BOC Commissioner Ariel F. Nepomuceno: almost half billion na po yung asr-003385 02:53:43.260 --> 02:53:45.160 BOC Commissioner Ariel F. Nepomuceno: kinita po ng bansa asr-003386 02:53:45.160 --> 02:53:46.820 BOC Commissioner Ariel F. Nepomuceno: with our auctions. Yung mga asr-003387 02:53:46.820 --> 02:53:48.680 BOC Commissioner Ariel F. Nepomuceno: high-profile asr-003388 02:53:48.680 --> 02:53:51.560 BOC Commissioner Ariel F. Nepomuceno: luxury vehicles that we were asr-003389 02:53:51.560 --> 02:53:53.560 BOC Commissioner Ariel F. Nepomuceno: able to seize. Those vehicles asr-003390 02:53:53.560 --> 02:53:54.420 BOC Commissioner Ariel F. Nepomuceno: that were asr-003391 02:53:54.460 --> 02:53:56.000 BOC Commissioner Ariel F. Nepomuceno: procured illegally asr-003392 02:53:56.000 --> 02:53:58.160 BOC Commissioner Ariel F. Nepomuceno: dun po sa construction issues asr-003393 02:53:58.160 --> 02:53:59.520 BOC Commissioner Ariel F. Nepomuceno: na ongoing po. asr-003394 02:54:00.120 --> 02:54:01.600 Senator Christopher Lawrence T. Go: Maring nung panahon, asr-003395 02:54:01.960 --> 02:54:03.900 Senator Christopher Lawrence T. Go: former President Duterte, nagawa rin po asr-003396 02:54:03.900 --> 02:54:06.000 Senator Christopher Lawrence T. Go: niya yun, no? Dahil asr-003397 02:54:06.000 --> 02:54:08.140 Senator Christopher Lawrence T. Go: siguro warning yun sa mga asr-003398 02:54:08.140 --> 02:54:10.020 Senator Christopher Lawrence T. Go: sa mga asr-003399 02:54:10.020 --> 02:54:12.060 Senator Christopher Lawrence T. Go: nag-smuggle, sa mga asr-003400 02:54:12.060 --> 02:54:13.300 Senator Christopher Lawrence T. Go: illegal smugglers. asr-003401 02:54:15.040 --> 02:54:15.920 Senator Christopher Lawrence T. Go: Magkano na pong asr-003402 02:54:15.920 --> 02:54:17.700 Senator Christopher Lawrence T. Go: na-generate nyo rito sa mga auctions? asr-003403 02:54:21.080 --> 02:54:22.100 BOC Commissioner Ariel F. Nepomuceno: Ibibigay ko po yung asr-003404 02:54:22.100 --> 02:54:24.020 BOC Commissioner Ariel F. Nepomuceno: exacto, but almost 500 million asr-003405 02:54:24.020 --> 02:54:24.420 BOC Commissioner Ariel F. Nepomuceno: na po yun. asr-003406 02:54:24.460 --> 02:54:25.960 BOC Commissioner Ariel F. Nepomuceno: At meron pa po kami nakapila asr-003407 02:54:25.960 --> 02:54:27.660 BOC Commissioner Ariel F. Nepomuceno: na another asr-003408 02:54:27.660 --> 02:54:30.300 BOC Commissioner Ariel F. Nepomuceno: potential 500 million po. asr-003409 02:54:30.800 --> 02:54:32.680 BOC Commissioner Ariel F. Nepomuceno: Dun po sa luxury vehicles. asr-003410 02:54:33.200 --> 02:54:34.200 BOC Commissioner Ariel F. Nepomuceno: Pero marami pa po asr-003411 02:54:34.200 --> 02:54:36.100 BOC Commissioner Ariel F. Nepomuceno: na hindi naman po high-end vehicles asr-003412 02:54:36.100 --> 02:54:37.340 BOC Commissioner Ariel F. Nepomuceno: na i-auction din po namin. asr-003413 02:54:38.540 --> 02:54:40.340 Senator Christopher Lawrence T. Go: Lately po, marami po akong asr-003414 02:54:40.340 --> 02:54:42.180 Senator Christopher Lawrence T. Go: narinig na sa inyong asr-003415 02:54:42.180 --> 02:54:43.580 Senator Christopher Lawrence T. Go: magandang performance asr-003416 02:54:43.580 --> 02:54:45.840 Senator Christopher Lawrence T. Go: sa BOC, marami. asr-003417 02:54:46.740 --> 02:54:48.360 Senator Christopher Lawrence T. Go: Nababasa po natin ito. asr-003418 02:54:48.520 --> 02:54:49.160 Senator Christopher Lawrence T. Go: Thank you po. asr-003419 02:54:49.380 --> 02:54:51.240 Senator Christopher Lawrence T. Go: Congratulations for that. asr-003420 02:54:51.240 --> 02:54:52.920 Senator Christopher Lawrence T. Go: May tanong lang po ako sa inyo. asr-003421 02:54:52.980 --> 02:54:53.980 Senator Christopher Lawrence T. Go: Honest answer lang po. asr-003422 02:54:54.460 --> 02:54:55.880 Senator Christopher Lawrence T. Go: Ano sa tingin ninyo asr-003423 02:54:55.880 --> 02:54:57.160 Senator Christopher Lawrence T. Go: ang asr-003424 02:54:57.160 --> 02:55:00.360 Senator Christopher Lawrence T. Go: when it comes to asr-003425 02:55:00.360 --> 02:55:02.700 Senator Christopher Lawrence T. Go: corruption, meron pa rin asr-003426 02:55:02.700 --> 02:55:03.860 Senator Christopher Lawrence T. Go: o ba corruption ng asr-003427 02:55:03.860 --> 02:55:04.500 Senator Christopher Lawrence T. Go: BOC? asr-003428 02:55:04.720 --> 02:55:06.160 BOC Commissioner Ariel F. Nepomuceno: Meron pa rin po yan talaga. asr-003429 02:55:06.700 --> 02:55:08.960 BOC Commissioner Ariel F. Nepomuceno: Again po, hanggat hindi po asr-003430 02:55:08.960 --> 02:55:11.040 BOC Commissioner Ariel F. Nepomuceno: natin na fully asr-003431 02:55:11.040 --> 02:55:12.520 BOC Commissioner Ariel F. Nepomuceno: digitalized ang ating mga asr-003432 02:55:12.520 --> 02:55:14.940 BOC Commissioner Ariel F. Nepomuceno: proseso, we are vulnerable to asr-003433 02:55:14.940 --> 02:55:17.160 Senator Christopher Lawrence T. Go: Ano pong pinagkaiba kung sakaling asr-003434 02:55:17.160 --> 02:55:18.200 Senator Christopher Lawrence T. Go: maging fully asr-003435 02:55:18.200 --> 02:55:20.520 Senator Christopher Lawrence T. Go: digitalized? asr-003436 02:55:20.520 --> 02:55:22.200 BOC Commissioner Ariel F. Nepomuceno: Yun po, pinaluanan ko po kanyan. asr-003437 02:55:22.580 --> 02:55:24.000 BOC Commissioner Ariel F. Nepomuceno: Ongoing na po yung ating asr-003438 02:55:24.000 --> 02:55:24.660 BOC Commissioner Ariel F. Nepomuceno: proyekto. asr-003439 02:55:25.100 --> 02:55:26.240 BOC Commissioner Ariel F. Nepomuceno: Labing lima po yung mga asr-003440 02:55:26.240 --> 02:55:28.360 BOC Commissioner Ariel F. Nepomuceno: proyekto natin sa IT projects. asr-003441 02:55:28.660 --> 02:55:30.000 BOC Commissioner Ariel F. Nepomuceno: Ang sentro po nito, asr-003442 02:55:30.100 --> 02:55:31.700 BOC Commissioner Ariel F. Nepomuceno: pinakamahalaga yung tinatawag na asr-003443 02:55:31.700 --> 02:55:33.680 BOC Commissioner Ariel F. Nepomuceno: customs processing system. asr-003444 02:55:33.840 --> 02:55:34.640 BOC Commissioner Ariel F. Nepomuceno: Ito po yung asr-003445 02:55:34.640 --> 02:55:36.080 BOC Commissioner Ariel F. Nepomuceno: pag dumating yung asr-003446 02:55:36.080 --> 02:55:37.360 BOC Commissioner Ariel F. Nepomuceno: importasyon, asr-003447 02:55:37.620 --> 02:55:38.600 BOC Commissioner Ariel F. Nepomuceno: yung pagsasubmit po asr-003448 02:55:38.600 --> 02:55:39.620 BOC Commissioner Ariel F. Nepomuceno: ng mga importers asr-003449 02:55:39.620 --> 02:55:40.980 BOC Commissioner Ariel F. Nepomuceno: or their representatives asr-003450 02:55:40.980 --> 02:55:42.200 BOC Commissioner Ariel F. Nepomuceno: digital na. asr-003451 02:55:42.620 --> 02:55:44.200 BOC Commissioner Ariel F. Nepomuceno: Dapat wala na human intervention. asr-003452 02:55:44.460 --> 02:55:45.800 BOC Commissioner Ariel F. Nepomuceno: Para po kayong pumasok sa asr-003453 02:55:45.800 --> 02:55:49.160 BOC Commissioner Ariel F. Nepomuceno: dun po sa ATM booth asr-003454 02:55:49.160 --> 02:55:50.120 BOC Commissioner Ariel F. Nepomuceno: ng mga bangko asr-003455 02:55:50.120 --> 02:55:51.800 BOC Commissioner Ariel F. Nepomuceno: na pipili lang po kayo asr-003456 02:55:51.800 --> 02:55:52.760 BOC Commissioner Ariel F. Nepomuceno: ng inyong transaksyon. asr-003457 02:55:52.880 --> 02:55:53.120 BOC Commissioner Ariel F. Nepomuceno: Withdrawal, asr-003458 02:55:54.000 --> 02:55:54.500 BOC Commissioner Ariel F. Nepomuceno: balance, asr-003459 02:55:54.880 --> 02:55:55.540 BOC Commissioner Ariel F. Nepomuceno: or deposit, asr-003460 02:55:56.160 --> 02:55:57.560 BOC Commissioner Ariel F. Nepomuceno: wala naman po kayong kakausapin asr-003461 02:55:57.560 --> 02:55:58.240 BOC Commissioner Ariel F. Nepomuceno: na taga-bangko asr-003462 02:55:58.240 --> 02:55:59.180 BOC Commissioner Ariel F. Nepomuceno: unless yung pong asr-003463 02:55:59.180 --> 02:55:59.980 BOC Commissioner Ariel F. Nepomuceno: ATM card nyo asr-003464 02:55:59.980 --> 02:56:01.280 BOC Commissioner Ariel F. Nepomuceno: kinain po nung machine. asr-003465 02:56:02.080 --> 02:56:03.380 BOC Commissioner Ariel F. Nepomuceno: Ganito din po dapat asr-003466 02:56:03.380 --> 02:56:04.540 BOC Commissioner Ariel F. Nepomuceno: sa Bureau of Customs. asr-003467 02:56:04.860 --> 02:56:05.300 BOC Commissioner Ariel F. Nepomuceno: At yung pong asr-003468 02:56:05.300 --> 02:56:06.660 BOC Commissioner Ariel F. Nepomuceno: teknolohiya naman po asr-003469 02:56:06.660 --> 02:56:07.280 BOC Commissioner Ariel F. Nepomuceno: para dyan, asr-003470 02:56:07.780 --> 02:56:08.760 BOC Commissioner Ariel F. Nepomuceno: available naman po yun. asr-003471 02:56:08.880 --> 02:56:09.440 BOC Commissioner Ariel F. Nepomuceno: Hindi po natin asr-003472 02:56:09.440 --> 02:56:11.000 BOC Commissioner Ariel F. Nepomuceno: i-inventuin yan. asr-003473 02:56:11.420 --> 02:56:12.480 BOC Commissioner Ariel F. Nepomuceno: We just have to adapt asr-003474 02:56:12.480 --> 02:56:13.800 BOC Commissioner Ariel F. Nepomuceno: what's already existing asr-003475 02:56:13.800 --> 02:56:15.140 BOC Commissioner Ariel F. Nepomuceno: in other countries. asr-003476 02:56:15.260 --> 02:56:15.880 BOC Commissioner Ariel F. Nepomuceno: In our case, asr-003477 02:56:16.340 --> 02:56:17.140 BOC Commissioner Ariel F. Nepomuceno: yung pong ongoing asr-003478 02:56:17.140 --> 02:56:18.580 BOC Commissioner Ariel F. Nepomuceno: PPP proposal asr-003479 02:56:18.580 --> 02:56:20.140 BOC Commissioner Ariel F. Nepomuceno: na nasa gitna na po kami ngayon asr-003480 02:56:20.140 --> 02:56:21.580 BOC Commissioner Ariel F. Nepomuceno: ng technical discussions. asr-003481 02:56:22.360 --> 02:56:22.740 BOC Commissioner Ariel F. Nepomuceno: Yung legal, asr-003482 02:56:22.860 --> 02:56:23.400 BOC Commissioner Ariel F. Nepomuceno: tapos na po. asr-003483 02:56:24.000 --> 02:56:25.240 BOC Commissioner Ariel F. Nepomuceno: This technology asr-003484 02:56:25.240 --> 02:56:26.860 BOC Commissioner Ariel F. Nepomuceno: is available asr-003485 02:56:26.860 --> 02:56:28.500 BOC Commissioner Ariel F. Nepomuceno: and already being used asr-003486 02:56:28.500 --> 02:56:29.080 BOC Commissioner Ariel F. Nepomuceno: in Singapore. asr-003487 02:56:29.840 --> 02:56:30.120 BOC Commissioner Ariel F. Nepomuceno: So, asr-003488 02:56:30.380 --> 02:56:31.200 BOC Commissioner Ariel F. Nepomuceno: alam naman po natin asr-003489 02:56:31.200 --> 02:56:32.880 BOC Commissioner Ariel F. Nepomuceno: sa bansang Singapore asr-003490 02:56:32.880 --> 02:56:33.620 BOC Commissioner Ariel F. Nepomuceno: napakahigpit. asr-003491 02:56:34.060 --> 02:56:35.040 BOC Commissioner Ariel F. Nepomuceno: Bubble gum nga lang po asr-003492 02:56:35.040 --> 02:56:35.860 BOC Commissioner Ariel F. Nepomuceno: bawal sa kanila. asr-003493 02:56:36.180 --> 02:56:36.700 BOC Commissioner Ariel F. Nepomuceno: So, asr-003494 02:56:37.680 --> 02:56:38.780 BOC Commissioner Ariel F. Nepomuceno: ina-adapt po natin asr-003495 02:56:38.780 --> 02:56:39.480 BOC Commissioner Ariel F. Nepomuceno: yung sistema nila asr-003496 02:56:39.480 --> 02:56:41.280 BOC Commissioner Ariel F. Nepomuceno: wherein wala kang kakausapin asr-003497 02:56:41.280 --> 02:56:42.440 BOC Commissioner Ariel F. Nepomuceno: na taga-Bureau of Customs asr-003498 02:56:42.440 --> 02:56:43.520 BOC Commissioner Ariel F. Nepomuceno: from end to end po. asr-003499 02:56:44.280 --> 02:56:45.280 BOC Commissioner Ariel F. Nepomuceno: Mula sa pagsasabihin asr-003500 02:56:45.280 --> 02:56:45.920 BOC Commissioner Ariel F. Nepomuceno: ang dokumento asr-003501 02:56:45.920 --> 02:56:47.520 BOC Commissioner Ariel F. Nepomuceno: including bank documents. asr-003502 02:56:47.920 --> 02:56:48.740 BOC Commissioner Ariel F. Nepomuceno: Importante po yung asr-003503 02:56:48.740 --> 02:56:49.500 BOC Commissioner Ariel F. Nepomuceno: bank documents asr-003504 02:56:49.500 --> 02:56:50.720 BOC Commissioner Ariel F. Nepomuceno: at insurance documents. asr-003505 02:56:51.220 --> 02:56:51.740 BOC Commissioner Ariel F. Nepomuceno: Dahil po, asr-003506 02:56:51.820 --> 02:56:52.420 BOC Commissioner Ariel F. Nepomuceno: ang mga bangko asr-003507 02:56:52.420 --> 02:56:53.800 BOC Commissioner Ariel F. Nepomuceno: hindi po yan makikiisa. asr-003508 02:56:54.000 --> 02:56:54.980 BOC Commissioner Ariel F. Nepomuceno: Sa kalukuhan po asr-003509 02:56:54.980 --> 02:56:55.540 BOC Commissioner Ariel F. Nepomuceno: ng smugglers, asr-003510 02:56:55.680 --> 02:56:56.380 BOC Commissioner Ariel F. Nepomuceno: napakalaki po asr-003511 02:56:56.380 --> 02:56:57.420 BOC Commissioner Ariel F. Nepomuceno: nung kanilang iniingat asr-003512 02:56:57.420 --> 02:56:58.040 BOC Commissioner Ariel F. Nepomuceno: ang pangalan asr-003513 02:56:58.040 --> 02:56:59.080 BOC Commissioner Ariel F. Nepomuceno: at negosyo. asr-003514 02:56:59.500 --> 02:57:00.360 BOC Commissioner Ariel F. Nepomuceno: That will be included asr-003515 02:57:00.360 --> 02:57:01.760 BOC Commissioner Ariel F. Nepomuceno: in the digital submission asr-003516 02:57:01.760 --> 02:57:02.420 BOC Commissioner Ariel F. Nepomuceno: ng gampong asr-003517 02:57:02.420 --> 02:57:03.420 BOC Commissioner Ariel F. Nepomuceno: valuation. asr-003518 02:57:03.900 --> 02:57:05.420 BOC Commissioner Ariel F. Nepomuceno: May AI capability po yan asr-003519 02:57:05.420 --> 02:57:06.720 BOC Commissioner Ariel F. Nepomuceno: upang yung laman talaga asr-003520 02:57:06.720 --> 02:57:07.400 BOC Commissioner Ariel F. Nepomuceno: ng container asr-003521 02:57:07.400 --> 02:57:08.500 BOC Commissioner Ariel F. Nepomuceno: at yung mga asr-003522 02:57:08.500 --> 02:57:09.820 BOC Commissioner Ariel F. Nepomuceno: dineklara sa banko asr-003523 02:57:09.820 --> 02:57:11.940 BOC Commissioner Ariel F. Nepomuceno: na binayaran po nila asr-003524 02:57:11.940 --> 02:57:14.060 BOC Commissioner Ariel F. Nepomuceno: from their port of origin asr-003525 02:57:14.060 --> 02:57:15.160 BOC Commissioner Ariel F. Nepomuceno: hanggang dito po sa atin. asr-003526 02:57:15.560 --> 02:57:17.120 BOC Commissioner Ariel F. Nepomuceno: Yung po yung dapat nilang bayaran. asr-003527 02:57:17.220 --> 02:57:18.260 BOC Commissioner Ariel F. Nepomuceno: So, the leakage will be asr-003528 02:57:18.260 --> 02:57:19.720 BOC Commissioner Ariel F. Nepomuceno: almost zeroed out. asr-003529 02:57:19.800 --> 02:57:20.440 BOC Commissioner Ariel F. Nepomuceno: But then again, asr-003530 02:57:20.960 --> 02:57:21.800 BOC Commissioner Ariel F. Nepomuceno: this has to be asr-003531 02:57:21.800 --> 02:57:22.840 BOC Commissioner Ariel F. Nepomuceno: a 100% asr-003532 02:57:22.840 --> 02:57:23.240 BOC Commissioner Ariel F. Nepomuceno: fully automated asr-003533 02:57:23.240 --> 02:57:24.240 BOC Commissioner Ariel F. Nepomuceno: CPS. asr-003534 02:57:24.940 --> 02:57:25.760 BOC Commissioner Ariel F. Nepomuceno: Hindi po po pwedeng asr-003535 02:57:25.760 --> 02:57:26.560 BOC Commissioner Ariel F. Nepomuceno: 90% asr-003536 02:57:26.560 --> 02:57:27.780 BOC Commissioner Ariel F. Nepomuceno: at iwanan po yung asr-003537 02:57:27.780 --> 02:57:28.340 BOC Commissioner Ariel F. Nepomuceno: 10%. asr-003538 02:57:28.340 --> 02:57:30.080 BOC Commissioner Ariel F. Nepomuceno: Magkakaproblema na naman po tayo. asr-003539 02:57:30.620 --> 02:57:31.440 Senator Christopher Lawrence T. Go: Salamat po. asr-003540 02:57:31.580 --> 02:57:32.780 Senator Christopher Lawrence T. Go: Sana po yung magawa niya asr-003541 02:57:32.780 --> 02:57:33.540 Senator Christopher Lawrence T. Go: ng parahan yan. asr-003542 02:57:35.660 --> 02:57:36.680 Senator Christopher Lawrence T. Go: Sumusuporta po kami asr-003543 02:57:36.680 --> 02:57:37.520 Senator Christopher Lawrence T. Go: sa inyo rito. asr-003544 02:57:37.800 --> 02:57:39.320 Senator Christopher Lawrence T. Go: Sa inyong layunin. asr-003545 02:57:39.520 --> 02:57:41.240 Senator Christopher Lawrence T. Go: Sana mawala na yung asr-003546 02:57:42.420 --> 02:57:45.000 Senator Christopher Lawrence T. Go: word na lagay. asr-003547 02:57:46.940 --> 02:57:47.620 Senator Christopher Lawrence T. Go: Not asr-003548 02:57:47.620 --> 02:57:51.080 Senator Christopher Lawrence T. Go: completely eradicate asr-003549 02:57:51.080 --> 02:57:52.240 Senator Christopher Lawrence T. Go: corruption. asr-003550 02:57:53.240 --> 02:57:53.880 BOC Commissioner Ariel F. Nepomuceno: If I may, asr-003551 02:57:54.380 --> 02:57:55.760 BOC Commissioner Ariel F. Nepomuceno: Mr. Senator, asr-003552 02:57:56.340 --> 02:57:57.080 BOC Commissioner Ariel F. Nepomuceno: ganito po yun eh. asr-003553 02:57:57.320 --> 02:57:58.240 BOC Commissioner Ariel F. Nepomuceno: Pag pumasok po kayo asr-003554 02:57:58.240 --> 02:57:59.040 BOC Commissioner Ariel F. Nepomuceno: sa system na yun asr-003555 02:57:59.040 --> 02:58:00.120 BOC Commissioner Ariel F. Nepomuceno: at maglalodge po kayo asr-003556 02:58:00.120 --> 02:58:00.960 BOC Commissioner Ariel F. Nepomuceno: ng importation, asr-003557 02:58:01.560 --> 02:58:02.680 BOC Commissioner Ariel F. Nepomuceno: wala po kayong kausap eh. asr-003558 02:58:03.340 --> 02:58:04.000 BOC Commissioner Ariel F. Nepomuceno: Unlike po ngayon, asr-003559 02:58:04.100 --> 02:58:05.360 BOC Commissioner Ariel F. Nepomuceno: meron po kayong suki asr-003560 02:58:05.360 --> 02:58:06.300 BOC Commissioner Ariel F. Nepomuceno: or kakilala asr-003561 02:58:06.300 --> 02:58:07.160 BOC Commissioner Ariel F. Nepomuceno: na laging kausap. asr-003562 02:58:07.460 --> 02:58:08.260 BOC Commissioner Ariel F. Nepomuceno: In this system, asr-003563 02:58:08.520 --> 02:58:09.800 BOC Commissioner Ariel F. Nepomuceno: numero lang po lahat yun. asr-003564 02:58:10.320 --> 02:58:11.020 BOC Commissioner Ariel F. Nepomuceno: At wala po kayong, asr-003565 02:58:11.120 --> 02:58:11.600 BOC Commissioner Ariel F. Nepomuceno: hindi nyo alam asr-003566 02:58:11.600 --> 02:58:12.360 BOC Commissioner Ariel F. Nepomuceno: kung sino yung gusto asr-003567 02:58:12.360 --> 02:58:13.140 BOC Commissioner Ariel F. Nepomuceno: nyo kausapin. asr-003568 02:58:13.840 --> 02:58:14.520 BOC Commissioner Ariel F. Nepomuceno: This has to be asr-003569 02:58:14.520 --> 02:58:15.360 BOC Commissioner Ariel F. Nepomuceno: the kind of system asr-003570 02:58:15.360 --> 02:58:16.380 BOC Commissioner Ariel F. Nepomuceno: that will really asr-003571 02:58:16.380 --> 02:58:18.460 BOC Commissioner Ariel F. Nepomuceno: prevent abuses asr-003572 02:58:18.460 --> 02:58:19.660 BOC Commissioner Ariel F. Nepomuceno: or discretions asr-003573 02:58:19.660 --> 02:58:20.820 BOC Commissioner Ariel F. Nepomuceno: na madedehado po asr-003574 02:58:20.820 --> 02:58:21.700 BOC Commissioner Ariel F. Nepomuceno: ang bansa. asr-003575 02:58:21.860 --> 02:58:22.880 BOC Commissioner Ariel F. Nepomuceno: At makakasa po tayo asr-003576 02:58:22.880 --> 02:58:23.220 BOC Commissioner Ariel F. Nepomuceno: based on the fact that asr-003577 02:58:23.240 --> 02:58:24.000 BOC Commissioner Ariel F. Nepomuceno: on our timeline, asr-003578 02:58:24.780 --> 02:58:25.760 BOC Commissioner Ariel F. Nepomuceno: mga bandang June asr-003579 02:58:25.760 --> 02:58:27.280 BOC Commissioner Ariel F. Nepomuceno: or July next year, asr-003580 02:58:27.680 --> 02:58:28.700 BOC Commissioner Ariel F. Nepomuceno: pwede na pong i-roll out asr-003581 02:58:28.700 --> 02:58:29.340 BOC Commissioner Ariel F. Nepomuceno: yung pilot asr-003582 02:58:29.340 --> 02:58:31.540 BOC Commissioner Ariel F. Nepomuceno: areas po nito. asr-003583 02:58:31.660 --> 02:58:32.280 BOC Commissioner Ariel F. Nepomuceno: We will pick asr-003584 02:58:32.280 --> 02:58:33.020 BOC Commissioner Ariel F. Nepomuceno: three asr-003585 02:58:33.020 --> 02:58:35.000 BOC Commissioner Ariel F. Nepomuceno: ports out of our asr-003586 02:58:35.000 --> 02:58:36.280 BOC Commissioner Ariel F. Nepomuceno: 17 major ports asr-003587 02:58:36.280 --> 02:58:37.840 BOC Commissioner Ariel F. Nepomuceno: and 36 sub-ports. asr-003588 02:58:38.400 --> 02:58:39.800 BOC Commissioner Ariel F. Nepomuceno: Pag na-install na po natin yan, asr-003589 02:58:39.900 --> 02:58:41.040 BOC Commissioner Ariel F. Nepomuceno: huwag lang pong magkaroon po asr-003590 02:58:41.040 --> 02:58:42.240 BOC Commissioner Ariel F. Nepomuceno: ng injunction asr-003591 02:58:42.800 --> 02:58:43.500 BOC Commissioner Ariel F. Nepomuceno: or TRO asr-003592 02:58:43.500 --> 02:58:44.240 BOC Commissioner Ariel F. Nepomuceno: sa korte. asr-003593 02:58:45.560 --> 02:58:46.700 BOC Commissioner Ariel F. Nepomuceno: Tuloy-tuloy naman po ito. asr-003594 02:58:47.720 --> 02:58:48.440 Senator Christopher Lawrence T. Go: Salamat po. asr-003595 02:58:48.700 --> 02:58:49.980 Senator Christopher Lawrence T. Go: Malaking bagay po yan asr-003596 02:58:49.980 --> 02:58:51.360 Senator Christopher Lawrence T. Go: kung mawawala asr-003597 02:58:51.360 --> 02:58:52.180 Senator Christopher Lawrence T. Go: yung corruption. asr-003598 02:58:52.180 --> 02:58:53.220 Senator Christopher Lawrence T. Go: Malaking income po. asr-003599 02:58:53.240 --> 02:58:53.840 Senator Christopher Lawrence T. Go: Yan sa ating asr-003600 02:58:53.840 --> 02:58:55.160 Senator Christopher Lawrence T. Go: gobyerno. asr-003601 02:58:55.540 --> 02:58:55.840 Senator Christopher Lawrence T. Go: Anyway, asr-003602 02:58:56.440 --> 02:58:57.580 Senator Christopher Lawrence T. Go: balikan ko lang po asr-003603 02:58:57.580 --> 02:58:58.560 Senator Christopher Lawrence T. Go: dito si asr-003604 02:58:58.560 --> 02:59:00.380 Senator Christopher Lawrence T. Go: Secretary of Finance. asr-003605 02:59:00.480 --> 02:59:01.200 Senator Christopher Lawrence T. Go: Allow me to asr-003606 02:59:01.200 --> 02:59:02.760 Senator Christopher Lawrence T. Go: express my support asr-003607 02:59:02.760 --> 02:59:03.380 Senator Christopher Lawrence T. Go: for the budget asr-003608 02:59:03.380 --> 02:59:04.880 Senator Christopher Lawrence T. Go: of the Department of Finance asr-003609 02:59:04.880 --> 02:59:05.960 Senator Christopher Lawrence T. Go: including its asr-003610 02:59:05.960 --> 02:59:06.920 Senator Christopher Lawrence T. Go: attached agencies asr-003611 02:59:06.920 --> 02:59:08.080 Senator Christopher Lawrence T. Go: and corporation. asr-003612 02:59:08.960 --> 02:59:09.760 Senator Christopher Lawrence T. Go: Malaki po ang papel asr-003613 02:59:09.760 --> 02:59:10.460 Senator Christopher Lawrence T. Go: ng DFA asr-003614 02:59:10.460 --> 02:59:11.220 Senator Christopher Lawrence T. Go: para masiguro asr-003615 02:59:11.220 --> 02:59:12.020 Senator Christopher Lawrence T. Go: na mayroon tayong asr-003616 02:59:12.020 --> 02:59:13.260 Senator Christopher Lawrence T. Go: sapat na resources asr-003617 02:59:13.260 --> 02:59:14.820 Senator Christopher Lawrence T. Go: para pondohan asr-003618 02:59:14.820 --> 02:59:15.480 Senator Christopher Lawrence T. Go: at suportahan asr-003619 02:59:15.480 --> 02:59:16.200 Senator Christopher Lawrence T. Go: ang mga programa asr-003620 02:59:16.200 --> 02:59:17.400 Senator Christopher Lawrence T. Go: ng gobyerno asr-003621 02:59:17.400 --> 02:59:18.220 Senator Christopher Lawrence T. Go: para sa iba't-ibang asr-003622 02:59:18.220 --> 02:59:18.740 Senator Christopher Lawrence T. Go: sektor asr-003623 02:59:18.740 --> 02:59:19.700 Senator Christopher Lawrence T. Go: gaya ng health, asr-003624 02:59:20.520 --> 02:59:21.020 Senator Christopher Lawrence T. Go: education, asr-003625 02:59:21.360 --> 02:59:22.080 Senator Christopher Lawrence T. Go: social protection, asr-003626 02:59:22.300 --> 02:59:22.880 Senator Christopher Lawrence T. Go: infrastructure, asr-003627 02:59:22.880 --> 02:59:23.900 Senator Christopher Lawrence T. Go: national defense asr-003628 02:59:23.900 --> 02:59:24.640 Senator Christopher Lawrence T. Go: at iba pa. asr-003629 02:59:25.360 --> 02:59:26.620 Senator Christopher Lawrence T. Go: Importante po itong asr-003630 02:59:26.620 --> 02:59:27.840 Senator Christopher Lawrence T. Go: finance. asr-003631 02:59:28.280 --> 02:59:28.780 Senator Christopher Lawrence T. Go: Kayo ito yung asr-003632 02:59:28.780 --> 02:59:29.880 Senator Christopher Lawrence T. Go: pinaka-centro asr-003633 02:59:30.660 --> 02:59:31.520 Senator Christopher Lawrence T. Go: with the able asr-003634 02:59:31.520 --> 02:59:32.560 Senator Christopher Lawrence T. Go: and competent asr-003635 02:59:32.560 --> 02:59:32.880 Senator Christopher Lawrence T. Go: leadership asr-003636 02:59:33.440 --> 02:59:33.880 Senator Christopher Lawrence T. Go: ng ating asr-003637 02:59:34.740 --> 02:59:35.300 Senator Christopher Lawrence T. Go: sekretary, asr-003638 02:59:35.380 --> 02:59:36.240 Senator Christopher Lawrence T. Go: sekretary asr-003639 02:59:36.240 --> 02:59:37.400 Senator Christopher Lawrence T. Go: Frederick Goh. asr-003640 02:59:37.480 --> 02:59:38.000 Senator Christopher Lawrence T. Go: Not because asr-003641 02:59:38.000 --> 02:59:38.660 Senator Christopher Lawrence T. Go: Goh ka rin, asr-003642 02:59:39.040 --> 02:59:39.240 Senator Christopher Lawrence T. Go: but asr-003643 02:59:39.240 --> 02:59:43.700 Senator Christopher Lawrence T. Go: alam kong experience asr-003644 02:59:43.700 --> 02:59:44.460 Senator Christopher Lawrence T. Go: ka na sa asr-003645 02:59:44.460 --> 02:59:45.520 Senator Christopher Lawrence T. Go: dito, asr-003646 02:59:45.860 --> 02:59:47.020 Senator Christopher Lawrence T. Go: sa finance. asr-003647 02:59:48.260 --> 02:59:49.420 Senator Christopher Lawrence T. Go: Ito yung asr-003648 02:59:49.420 --> 02:59:50.640 Senator Christopher Lawrence T. Go: Goh na asr-003649 02:59:50.640 --> 02:59:52.120 Senator Christopher Lawrence T. Go: ano siya, asr-003650 02:59:52.880 --> 02:59:54.080 Senator Christopher Lawrence T. Go: ito yung rich na asr-003651 02:59:54.080 --> 02:59:56.040 Senator Christopher Lawrence T. Go: rich version asr-003652 02:59:56.040 --> 02:59:57.680 Senator Christopher Lawrence T. Go: ng Goh. asr-003653 02:59:57.760 --> 02:59:58.380 Senator Christopher Lawrence T. Go: Tagal ko po itong asr-003654 02:59:58.380 --> 03:00:00.000 Senator Christopher Lawrence T. Go: gusto na rin po talaga itong asr-003655 03:00:00.000 --> 03:00:01.420 Senator Christopher Lawrence T. Go: tumulong para sa ating asr-003656 03:00:01.420 --> 03:00:04.060 Senator Christopher Lawrence T. Go: bayan. Sabi ko nga, asr-003657 03:00:04.620 --> 03:00:05.820 Senator Christopher Lawrence T. Go: minsan lang tayo asr-003658 03:00:05.820 --> 03:00:08.140 Senator Christopher Lawrence T. Go: mabubuhay sa mundong ito. asr-003659 03:00:08.280 --> 03:00:10.140 Senator Christopher Lawrence T. Go: Gawin mo na yung pwede mong gawin para sa asr-003660 03:00:10.140 --> 03:00:11.840 Senator Christopher Lawrence T. Go: bayan. Kung anong ma-contribute mo asr-003661 03:00:11.840 --> 03:00:13.260 Senator Christopher Lawrence T. Go: para sa bayan, asr-003662 03:00:13.860 --> 03:00:14.620 Senator Christopher Lawrence T. Go: gawin mo na. asr-003663 03:00:16.360 --> 03:00:18.120 Senator Christopher Lawrence T. Go: Supportado ka namin dito. Basta gawin mo asr-003664 03:00:18.120 --> 03:00:20.000 Senator Christopher Lawrence T. Go: lang yung tama para sa asr-003665 03:00:20.000 --> 03:00:21.920 Senator Christopher Lawrence T. Go: interest ng mga kababayan natin. asr-003666 03:00:22.020 --> 03:00:23.600 Senator Christopher Lawrence T. Go: Lalong-lalo na po yung mga mahirap. asr-003667 03:00:24.000 --> 03:00:24.560 Senator Christopher Lawrence T. Go: Ngayon, sir, asr-003668 03:00:25.560 --> 03:00:27.880 Senator Christopher Lawrence T. Go: balikan ko lang po konti yung asr-003669 03:00:27.880 --> 03:00:29.140 Senator Christopher Lawrence T. Go: backtrack po tayo. asr-003670 03:00:29.140 --> 03:00:31.240 Senator Christopher Lawrence T. Go: Si Treasurer asr-003671 03:00:31.240 --> 03:00:33.140 Senator Christopher Lawrence T. Go: Sharon Almanza, asr-003672 03:00:33.840 --> 03:00:35.020 Senator Christopher Lawrence T. Go: kailan po kayo nag-umpisa asr-003673 03:00:35.020 --> 03:00:36.520 Senator Christopher Lawrence T. Go: bilang Treasurer, ma'am? asr-003674 03:00:40.280 --> 03:00:41.140 Treasurer of the Philippines Sharon P. Almanza: 2024 po. asr-003675 03:00:42.160 --> 03:00:43.080 Senator Christopher Lawrence T. Go: Anong month po? asr-003676 03:00:43.920 --> 03:00:45.180 Treasurer of the Philippines Sharon P. Almanza: March. Around asr-003677 03:00:45.180 --> 03:00:45.820 Treasurer of the Philippines Sharon P. Almanza: March po. asr-003678 03:00:46.680 --> 03:00:48.840 Senator Christopher Lawrence T. Go: So, are you familiar with asr-003679 03:00:48.840 --> 03:00:51.140 Senator Christopher Lawrence T. Go: ito pong asr-003680 03:00:51.140 --> 03:00:54.980 Senator Christopher Lawrence T. Go: yung mga asr-003681 03:00:54.980 --> 03:00:57.200 Senator Christopher Lawrence T. Go: pinupul na fans asr-003682 03:00:57.980 --> 03:00:58.920 Senator Christopher Lawrence T. Go: kinukuha ng asr-003683 03:00:58.920 --> 03:00:59.940 Senator Christopher Lawrence T. Go: National Treasury? asr-003684 03:01:00.300 --> 03:01:01.380 Senator Christopher Lawrence T. Go: Di ba dinadala sa inyo? asr-003685 03:01:02.380 --> 03:01:04.620 Senator Christopher Lawrence T. Go: And then, do you still remember asr-003686 03:01:04.620 --> 03:01:06.560 Senator Christopher Lawrence T. Go: Phil Health, fans? asr-003687 03:01:06.800 --> 03:01:07.280 Treasurer of the Philippines Sharon P. Almanza: Yes, sir. asr-003688 03:01:07.540 --> 03:01:09.100 Senator Christopher Lawrence T. Go: Ito po yung diniclare ng asr-003689 03:01:09.100 --> 03:01:12.600 Senator Christopher Lawrence T. Go: Supreme Court na asr-003690 03:01:12.600 --> 03:01:14.380 Senator Christopher Lawrence T. Go: illegal. asr-003691 03:01:14.960 --> 03:01:15.400 Senator Christopher Lawrence T. Go: Noong una, asr-003692 03:01:16.600 --> 03:01:17.480 Senator Christopher Lawrence T. Go: sabi ko nga, asr-003693 03:01:18.660 --> 03:01:20.120 Senator Christopher Lawrence T. Go: it might be asr-003694 03:01:20.120 --> 03:01:22.520 Senator Christopher Lawrence T. Go: legally asr-003695 03:01:22.520 --> 03:01:24.360 Senator Christopher Lawrence T. Go: possible, asr-003696 03:01:24.940 --> 03:01:26.880 Senator Christopher Lawrence T. Go: but morally unacceptable asr-003697 03:01:26.880 --> 03:01:28.600 Senator Christopher Lawrence T. Go: po sa akin yung nangyari nung asr-003698 03:01:28.600 --> 03:01:29.900 Senator Christopher Lawrence T. Go: 2024. asr-003699 03:01:30.860 --> 03:01:32.960 Senator Christopher Lawrence T. Go: Dahil marami pa pong mga kababayan natin asr-003700 03:01:32.960 --> 03:01:34.100 Senator Christopher Lawrence T. Go: na mga mahirap, asr-003701 03:01:34.820 --> 03:01:36.160 Senator Christopher Lawrence T. Go: na takot magpa-hospital, asr-003702 03:01:37.180 --> 03:01:38.200 Senator Christopher Lawrence T. Go: ayaw magpa-hospital, asr-003703 03:01:38.340 --> 03:01:39.540 Senator Christopher Lawrence T. Go: meron nga pong namatay asr-003704 03:01:39.540 --> 03:01:41.960 Senator Christopher Lawrence T. Go: from Cebu, mag-ina, asr-003705 03:01:43.720 --> 03:01:44.600 Senator Christopher Lawrence T. Go: yung buntis, asr-003706 03:01:45.740 --> 03:01:46.940 Senator Christopher Lawrence T. Go: ayaw nang pumunta sa hospital asr-003707 03:01:46.940 --> 03:01:48.480 Senator Christopher Lawrence T. Go: dahil takot po sa babayarin asr-003708 03:01:48.480 --> 03:01:50.920 Senator Christopher Lawrence T. Go: sa kanilang pagpa-hospital. asr-003709 03:01:51.220 --> 03:01:52.500 Senator Christopher Lawrence T. Go: At marami pong Pilipino asr-003710 03:01:52.500 --> 03:01:54.260 Senator Christopher Lawrence T. Go: ang takot magpa-hospital ngayon asr-003711 03:01:54.260 --> 03:01:56.320 Senator Christopher Lawrence T. Go: dahil sa babayarin sa hospital. asr-003712 03:01:57.320 --> 03:01:58.440 Senator Christopher Lawrence T. Go: So, babalikan ko lang po asr-003713 03:01:58.440 --> 03:01:59.160 Senator Christopher Lawrence T. Go: ito since asr-003714 03:01:59.160 --> 03:02:02.020 Senator Christopher Lawrence T. Go: trabaho rin po ito ng asr-003715 03:02:02.020 --> 03:02:03.880 Senator Christopher Lawrence T. Go: finance. Alam naman natin asr-003716 03:02:03.880 --> 03:02:05.600 Senator Christopher Lawrence T. Go: ang trabaho ng finance, asr-003717 03:02:06.640 --> 03:02:07.520 Senator Christopher Lawrence T. Go: sila yung asr-003718 03:02:07.520 --> 03:02:10.260 Senator Christopher Lawrence T. Go: though allowed by Congress asr-003719 03:02:10.260 --> 03:02:12.400 Senator Christopher Lawrence T. Go: kung merong mga excess funds asr-003720 03:02:12.400 --> 03:02:13.300 Senator Christopher Lawrence T. Go: pinupool, asr-003721 03:02:14.400 --> 03:02:16.200 Senator Christopher Lawrence T. Go: yun po yung pinuprogram. asr-003722 03:02:17.000 --> 03:02:18.220 Senator Christopher Lawrence T. Go: Nilalagay doon sa mga asr-003723 03:02:18.220 --> 03:02:20.160 Senator Christopher Lawrence T. Go: unprogrammed funds, ito yung asr-003724 03:02:20.160 --> 03:02:22.240 Senator Christopher Lawrence T. Go: excess collection. Ang excess asr-003725 03:02:22.240 --> 03:02:24.000 Senator Christopher Lawrence T. Go: collections, manggagaling po sa inyo. asr-003726 03:02:24.300 --> 03:02:26.580 Senator Christopher Lawrence T. Go: Sa customs, asr-003727 03:02:26.580 --> 03:02:28.120 Senator Christopher Lawrence T. Go: sa BIR. asr-003728 03:02:28.440 --> 03:02:30.160 Senator Christopher Lawrence T. Go: So, balikan ko lang po itong asr-003729 03:02:30.160 --> 03:02:33.860 Senator Christopher Lawrence T. Go: 2024. Kasi sumama talaga asr-003730 03:02:33.860 --> 03:02:34.940 Senator Christopher Lawrence T. Go: yung loob ko dito. asr-003731 03:02:35.940 --> 03:02:37.940 Senator Christopher Lawrence T. Go: Lalong-lalo na po yung nangyari sa PhilHealth. asr-003732 03:02:38.540 --> 03:02:40.280 Senator Christopher Lawrence T. Go: Dahil nung kalagitnaan asr-003733 03:02:40.280 --> 03:02:42.020 Senator Christopher Lawrence T. Go: ng taon ng July asr-003734 03:02:42.020 --> 03:02:43.600 Senator Christopher Lawrence T. Go: or June asr-003735 03:02:43.600 --> 03:02:45.720 Senator Christopher Lawrence T. Go: ng 2024, asr-003736 03:02:46.240 --> 03:02:47.560 Senator Christopher Lawrence T. Go: and I'm sure kayo na po ang asr-003737 03:02:47.560 --> 03:02:48.960 Senator Christopher Lawrence T. Go: treasurer nun, asr-003738 03:02:50.080 --> 03:02:51.900 Senator Christopher Lawrence T. Go: meron pong tinatawag na so-called asr-003739 03:02:51.900 --> 03:02:53.520 Senator Christopher Lawrence T. Go: excess funds asr-003740 03:02:53.520 --> 03:02:56.120 Senator Christopher Lawrence T. Go: ang PhilHealth asr-003741 03:02:56.120 --> 03:02:57.300 Senator Christopher Lawrence T. Go: na about asr-003742 03:02:57.300 --> 03:02:59.320 Senator Christopher Lawrence T. Go: 91 billion nga po daw yun. asr-003743 03:02:59.440 --> 03:03:00.240 Senator Christopher Lawrence T. Go: Unang-una na asr-003744 03:03:00.240 --> 03:03:04.880 Senator Christopher Lawrence T. Go: balik po sa National Treasury asr-003745 03:03:04.880 --> 03:03:06.340 Senator Christopher Lawrence T. Go: yung 31 billion. asr-003746 03:03:06.880 --> 03:03:08.900 Senator Christopher Lawrence T. Go: Kaya nagkaroon po tayo ng hearing dito asr-003747 03:03:08.900 --> 03:03:10.540 Senator Christopher Lawrence T. Go: sa Committee on Health. Sabi ko, asr-003748 03:03:11.980 --> 03:03:13.160 Senator Christopher Lawrence T. Go: bakit kinuha asr-003749 03:03:13.160 --> 03:03:14.420 Senator Christopher Lawrence T. Go: yung asr-003750 03:03:14.420 --> 03:03:17.380 Senator Christopher Lawrence T. Go: 60 billion? asr-003751 03:03:17.960 --> 03:03:18.540 Senator Christopher Lawrence T. Go: 60 billion. asr-003752 03:03:19.260 --> 03:03:20.680 Senator Christopher Lawrence T. Go: 60 muna una, diba? asr-003753 03:03:20.860 --> 03:03:23.240 Senator Christopher Lawrence T. Go: Out of supposed 91 billion. asr-003754 03:03:23.240 --> 03:03:23.360 Senator Christopher Lawrence T. Go: Hindi. asr-003755 03:03:24.980 --> 03:03:26.520 Senator Christopher Lawrence T. Go: Pero yung in-approve yata, asr-003756 03:03:27.300 --> 03:03:28.800 Senator Christopher Lawrence T. Go: 90 po supposed. asr-003757 03:03:28.860 --> 03:03:29.220 Senator Christopher Lawrence T. Go: 90. asr-003758 03:03:30.120 --> 03:03:31.040 Senator Christopher Lawrence T. Go: 90 dapat. asr-003759 03:03:31.520 --> 03:03:32.700 Senator Christopher Lawrence T. Go: So 30 yung na asr-003760 03:03:32.700 --> 03:03:35.420 Senator Christopher Lawrence T. Go: na-remit sa National Treasury. asr-003761 03:03:35.840 --> 03:03:37.360 Senator Christopher Lawrence T. Go: Kasi yung mga excess funds. asr-003762 03:03:37.480 --> 03:03:39.040 Senator Christopher Lawrence T. Go: Pero wala po talagang excess funds asr-003763 03:03:39.040 --> 03:03:41.420 Senator Christopher Lawrence T. Go: ang PhilHealth sa totoo lamang po. asr-003764 03:03:42.140 --> 03:03:43.940 Senator Christopher Lawrence T. Go: Kaya sobrang sama ng loob ko nun. asr-003765 03:03:44.740 --> 03:03:45.560 Senator Christopher Lawrence T. Go: Tingnan niyo po ah. asr-003766 03:03:48.060 --> 03:03:51.280 Senator Christopher Lawrence T. Go: Nung 2024, asr-003767 03:03:52.220 --> 03:03:53.800 Senator Christopher Lawrence T. Go: ang earmark po dapat asr-003768 03:03:53.800 --> 03:03:56.300 Senator Christopher Lawrence T. Go: sa batas natin, asr-003769 03:03:56.400 --> 03:03:57.120 Senator Christopher Lawrence T. Go: sa syntax, asr-003770 03:03:57.300 --> 03:03:57.820 Senator Christopher Lawrence T. Go: law. asr-003771 03:03:58.840 --> 03:04:00.680 Senator Christopher Lawrence T. Go: Earmark for PhilHealth is 79 asr-003772 03:04:00.680 --> 03:04:02.000 Senator Christopher Lawrence T. Go: billion. asr-003773 03:04:03.340 --> 03:04:05.000 Senator Christopher Lawrence T. Go: Ngunit ang GAAS subsidy asr-003774 03:04:05.000 --> 03:04:06.720 Senator Christopher Lawrence T. Go: na in-aprobahan sa Kongreso is asr-003775 03:04:06.720 --> 03:04:09.940 Senator Christopher Lawrence T. Go: 40.283 asr-003776 03:04:09.940 --> 03:04:10.820 Senator Christopher Lawrence T. Go: billion. asr-003777 03:04:11.860 --> 03:04:13.300 Senator Christopher Lawrence T. Go: So makikita nyo lang po asr-003778 03:04:13.300 --> 03:04:14.300 Senator Christopher Lawrence T. Go: sa screen. asr-003779 03:04:19.120 --> 03:04:21.200 Senator Christopher Lawrence T. Go: Then, sa kalagitnaan ng taon, asr-003780 03:04:21.320 --> 03:04:23.120 Senator Christopher Lawrence T. Go: 60 billion was transferred to asr-003781 03:04:23.120 --> 03:04:24.000 Senator Christopher Lawrence T. Go: National Treasury. asr-003782 03:04:25.720 --> 03:04:27.260 Senator Christopher Lawrence T. Go: Pagdating ng 2025, asr-003783 03:04:27.820 --> 03:04:29.900 Senator Christopher Lawrence T. Go: dapat yung earmark asr-003784 03:04:29.900 --> 03:04:32.860 Senator Christopher Lawrence T. Go: for PhilHealth is 69.8 billion. asr-003785 03:04:34.440 --> 03:04:36.120 Senator Christopher Lawrence T. Go: Eh, na-aprobahan sa Congress asr-003786 03:04:36.120 --> 03:04:37.820 Senator Christopher Lawrence T. Go: is zero. Hindi po ako pumirma sa asr-003787 03:04:37.820 --> 03:04:38.960 Senator Christopher Lawrence T. Go: BICAM report nun. asr-003788 03:04:39.580 --> 03:04:41.920 Senator Christopher Lawrence T. Go: Nung budget asr-003789 03:04:41.920 --> 03:04:43.680 Senator Christopher Lawrence T. Go: deliberation dito sa asr-003790 03:04:43.680 --> 03:04:44.980 Senator Christopher Lawrence T. Go: Senado. asr-003791 03:04:46.320 --> 03:04:48.100 Senator Christopher Lawrence T. Go: Dahil nakita ko zero po yung asr-003792 03:04:48.100 --> 03:04:50.160 Senator Christopher Lawrence T. Go: inilaan for PhilHealth. asr-003793 03:04:50.540 --> 03:04:52.000 Senator Christopher Lawrence T. Go: So, sobrang sakit na asr-003794 03:04:52.000 --> 03:04:53.880 Senator Christopher Lawrence T. Go: makita mo, bakit zero? asr-003795 03:04:53.880 --> 03:04:55.940 Senator Christopher Lawrence T. Go: Eh, nasa batas po asr-003796 03:04:55.940 --> 03:04:56.960 Senator Christopher Lawrence T. Go: na mag-earmark po. asr-003797 03:04:57.300 --> 03:04:58.220 Senator Christopher Lawrence T. Go: Not every year. asr-003798 03:04:58.760 --> 03:04:59.660 Senator Christopher Lawrence T. Go: Sinasabi ko lang po ito, asr-003799 03:04:59.740 --> 03:05:01.040 Senator Christopher Lawrence T. Go: Sekretary Frederick Gona, asr-003800 03:05:01.240 --> 03:05:03.080 Senator Christopher Lawrence T. Go: tingnan nyo pong mabuti asr-003801 03:05:03.080 --> 03:05:05.620 Senator Christopher Lawrence T. Go: kung ano po yung nandun sa batasana asr-003802 03:05:05.620 --> 03:05:07.160 Senator Christopher Lawrence T. Go: po yun po ang inilaan. asr-003803 03:05:08.000 --> 03:05:08.600 Senator Christopher Lawrence T. Go: So, nangyari, asr-003804 03:05:09.100 --> 03:05:11.040 Senator Christopher Lawrence T. Go: in-aprobahan sa GAAS, asr-003805 03:05:12.560 --> 03:05:14.080 Senator Christopher Lawrence T. Go: 61.1 asr-003806 03:05:16.160 --> 03:05:17.900 Senator Christopher Lawrence T. Go: 61 billion asr-003807 03:05:17.900 --> 03:05:19.380 Senator Christopher Lawrence T. Go: 514 asr-003808 03:05:19.380 --> 03:05:21.920 Senator Christopher Lawrence T. Go: 61.514 asr-003809 03:05:21.920 --> 03:05:23.340 Senator Christopher Lawrence T. Go: billion. Pero ang binalik, asr-003810 03:05:23.340 --> 03:05:25.240 Senator Christopher Lawrence T. Go: 60 billion. Halos wala nang asr-003811 03:05:25.240 --> 03:05:27.260 Senator Christopher Lawrence T. Go: naging budget ang PhilHealth. asr-003812 03:05:27.300 --> 03:05:28.480 Senator Christopher Lawrence T. Go: PhilHealth for asr-003813 03:05:28.480 --> 03:05:31.580 Senator Christopher Lawrence T. Go: 2,224. asr-003814 03:05:32.480 --> 03:05:34.460 Senator Christopher Lawrence T. Go: Habang marami pong mga kababayan natin asr-003815 03:05:34.460 --> 03:05:35.140 Senator Christopher Lawrence T. Go: na hirap, asr-003816 03:05:36.000 --> 03:05:37.140 Senator Christopher Lawrence T. Go: ayaw magpo-hospital, asr-003817 03:05:37.880 --> 03:05:39.060 Senator Christopher Lawrence T. Go: takot magpo-hospital. asr-003818 03:05:39.700 --> 03:05:41.600 Senator Christopher Lawrence T. Go: Pero tingnan nyo po sa inyong mga asr-003819 03:05:41.600 --> 03:05:43.280 Senator Christopher Lawrence T. Go: hospital billing, magkano lang po ang asr-003820 03:05:43.280 --> 03:05:45.560 Senator Christopher Lawrence T. Go: kinocover ng PhilHealth sa ngayon. asr-003821 03:05:45.840 --> 03:05:47.340 Senator Christopher Lawrence T. Go: Minsan wala pang 1%. asr-003822 03:05:47.340 --> 03:05:49.680 Senator Christopher Lawrence T. Go: Kayo po, ma'am, na-admit na ho ba asr-003823 03:05:49.680 --> 03:05:49.980 Senator Christopher Lawrence T. Go: kayo? asr-003824 03:05:51.480 --> 03:05:53.860 Senator Christopher Lawrence T. Go: Huwag naman po sana, pero na-avail asr-003825 03:05:53.860 --> 03:05:54.620 Senator Christopher Lawrence T. Go: nyo ho ba ang... asr-003826 03:05:54.620 --> 03:05:56.900 Treasurer of the Philippines Sharon P. Almanza: Recently po na-avail ko and asr-003827 03:05:57.300 --> 03:05:58.660 Treasurer of the Philippines Sharon P. Almanza: naramdaman ko po yung PhilHealth. asr-003828 03:05:58.780 --> 03:06:01.680 Senator Christopher Lawrence T. Go: Yung recently? What year was that, ma'am? asr-003829 03:06:05.680 --> 03:06:07.180 Treasurer of the Philippines Sharon P. Almanza: Very recent po na asr-003830 03:06:07.180 --> 03:06:09.560 Treasurer of the Philippines Sharon P. Almanza: na-admit po ako sa ER and naramdaman asr-003831 03:06:09.560 --> 03:06:11.040 Treasurer of the Philippines Sharon P. Almanza: ko po talaga. Natuwa po ako. asr-003832 03:06:11.120 --> 03:06:13.720 Treasurer of the Philippines Sharon P. Almanza: Natuwa po ako bilang member ng PhilHealth. asr-003833 03:06:13.840 --> 03:06:15.540 Senator Christopher Lawrence T. Go: Ikaw, Sekretary Goh, asr-003834 03:06:16.360 --> 03:06:17.540 Senator Christopher Lawrence T. Go: hindi mo pa na... asr-003835 03:06:18.180 --> 03:06:19.300 Senator Christopher Lawrence T. Go: Baka ayaw mo lang i-avail asr-003836 03:06:19.300 --> 03:06:21.660 Senator Christopher Lawrence T. Go: kasi meron kang asr-003837 03:06:21.660 --> 03:06:23.620 Senator Christopher Lawrence T. Go: private na mga medical cards asr-003838 03:06:23.620 --> 03:06:24.840 Senator Christopher Lawrence T. Go: siguro, healthcare. asr-003839 03:06:25.520 --> 03:06:26.580 Senator Christopher Lawrence T. Go: Hindi mo na kailangan. asr-003840 03:06:27.300 --> 03:06:28.960 Senator Christopher Lawrence T. Go: Baka hindi mo na siguro ina-avail yung asr-003841 03:06:28.960 --> 03:06:31.380 Senator Christopher Lawrence T. Go: PhilHealth dahil may pambayad ka. asr-003842 03:06:32.000 --> 03:06:34.060 Senator Christopher Lawrence T. Go: Anyway, seriously speaking. asr-003843 03:06:36.020 --> 03:06:37.840 Senator Christopher Lawrence T. Go: Noong 2024, asr-003844 03:06:38.800 --> 03:06:39.440 Senator Christopher Lawrence T. Go: pagdating noong asr-003845 03:06:39.440 --> 03:06:40.140 Senator Christopher Lawrence T. Go: Disyembre, asr-003846 03:06:41.420 --> 03:06:43.160 Senator Christopher Lawrence T. Go: nagkaroon po ng board meeting asr-003847 03:06:43.160 --> 03:06:44.080 Senator Christopher Lawrence T. Go: ang PhilHealth. asr-003848 03:06:45.440 --> 03:06:46.700 Senator Christopher Lawrence T. Go: Dahil nagpanik na sila. asr-003849 03:06:47.500 --> 03:06:49.760 Senator Christopher Lawrence T. Go: Dahil, galit na yung tao eh. asr-003850 03:06:50.480 --> 03:06:51.380 Senator Christopher Lawrence T. Go: Kasi binalik nga yung asr-003851 03:06:51.380 --> 03:06:53.400 Senator Christopher Lawrence T. Go: 60 billion. Hindi lang po kasalanan ng asr-003852 03:06:53.400 --> 03:06:55.140 Senator Christopher Lawrence T. Go: Secretary of Finance dahil asr-003853 03:06:55.140 --> 03:06:57.180 Senator Christopher Lawrence T. Go: nagpresentaan, asr-003854 03:06:57.300 --> 03:06:58.780 Senator Christopher Lawrence T. Go: wala po yung PhilHealth na sabi nila. asr-003855 03:06:58.880 --> 03:07:00.360 Senator Christopher Lawrence T. Go: Meron silang excess funds. asr-003856 03:07:00.640 --> 03:07:01.660 Senator Christopher Lawrence T. Go: Nilagay po sa asr-003857 03:07:01.660 --> 03:07:04.600 Senator Christopher Lawrence T. Go: pinul po yung funds. asr-003858 03:07:04.840 --> 03:07:06.940 Senator Christopher Lawrence T. Go: Ganun lang po ang trabaho ng Secretary of Finance. asr-003859 03:07:07.100 --> 03:07:08.600 Senator Christopher Lawrence T. Go: Panahon ni Secretary Dominguez asr-003860 03:07:08.600 --> 03:07:11.080 Senator Christopher Lawrence T. Go: noong panahon ng pandemia, siya rin po yung asr-003861 03:07:11.080 --> 03:07:13.020 Senator Christopher Lawrence T. Go: nag... kumbaga nagtatawag nito asr-003862 03:07:13.020 --> 03:07:14.300 Senator Christopher Lawrence T. Go: is nagwawalis ng mga asr-003863 03:07:14.300 --> 03:07:16.840 Senator Christopher Lawrence T. Go: pondo po. So, ginawa... asr-003864 03:07:16.840 --> 03:07:19.200 Senator Christopher Lawrence T. Go: Iyan rin po ang ginawa ng Secretary of Finance. asr-003865 03:07:19.580 --> 03:07:20.640 Senator Christopher Lawrence T. Go: Ang masakit lang po, sana asr-003866 03:07:20.640 --> 03:07:22.980 Senator Christopher Lawrence T. Go: huwag gamitin yung sa health. Kasi ako po asr-003867 03:07:22.980 --> 03:07:24.940 Senator Christopher Lawrence T. Go: ay naniniwala na ang PhilHealth asr-003868 03:07:24.940 --> 03:07:26.960 Senator Christopher Lawrence T. Go: funds po ay para sa health asr-003869 03:07:26.960 --> 03:07:28.420 Senator Christopher Lawrence T. Go: ng Pilipino. asr-003870 03:07:29.040 --> 03:07:30.460 Senator Christopher Lawrence T. Go: So, ang ginawa ng PhilHealth noong asr-003871 03:07:30.460 --> 03:07:33.140 Senator Christopher Lawrence T. Go: December of 2024, nagmadali sila, asr-003872 03:07:33.240 --> 03:07:34.700 Senator Christopher Lawrence T. Go: nag-board meeting sila. asr-003873 03:07:35.460 --> 03:07:36.160 Senator Christopher Lawrence T. Go: Doon po nila asr-003874 03:07:36.160 --> 03:07:39.240 Senator Christopher Lawrence T. Go: ginawa yung mga increasing of asr-003875 03:07:39.240 --> 03:07:40.740 Senator Christopher Lawrence T. Go: case rates. asr-003876 03:07:41.080 --> 03:07:42.520 Senator Christopher Lawrence T. Go: Kaya naramdaman nyo na po siguro. asr-003877 03:07:43.140 --> 03:07:45.140 Senator Christopher Lawrence T. Go: Yung pagpapaopera sa puso, asr-003878 03:07:46.200 --> 03:07:46.700 Senator Christopher Lawrence T. Go: doon na nila asr-003879 03:07:46.700 --> 03:07:49.180 Senator Christopher Lawrence T. Go: kinocover na pag nagkaroon asr-003880 03:07:49.180 --> 03:07:50.080 Senator Christopher Lawrence T. Go: ka ng bypass, asr-003881 03:07:50.800 --> 03:07:52.420 Senator Christopher Lawrence T. Go: ay 500,000 na yata yung asr-003882 03:07:52.420 --> 03:07:54.300 Senator Christopher Lawrence T. Go: ikocover nila. But, asr-003883 03:07:54.300 --> 03:07:56.480 Senator Christopher Lawrence T. Go: that was decided December asr-003884 03:07:56.480 --> 03:07:56.840 Senator Christopher Lawrence T. Go: of asr-003885 03:07:56.960 --> 03:07:59.040 Senator Christopher Lawrence T. Go: 2024. Tapos na pong asr-003886 03:07:59.040 --> 03:08:00.540 Senator Christopher Lawrence T. Go: kinuha yung pondo na asr-003887 03:08:00.540 --> 03:08:03.200 Senator Christopher Lawrence T. Go: 60 billion noong July asr-003888 03:08:03.200 --> 03:08:05.180 Senator Christopher Lawrence T. Go: or June of 2024. asr-003889 03:08:05.360 --> 03:08:06.860 Senator Christopher Lawrence T. Go: Dahil nagpanik na po yung PhilHealth asr-003890 03:08:06.860 --> 03:08:08.940 Senator Christopher Lawrence T. Go: board. Nagmadali sila, tinaasan nila asr-003891 03:08:08.940 --> 03:08:11.120 Senator Christopher Lawrence T. Go: yung case rates, sinama nila yung asr-003892 03:08:11.120 --> 03:08:13.180 Senator Christopher Lawrence T. Go: check-up sa asr-003893 03:08:13.180 --> 03:08:14.820 Senator Christopher Lawrence T. Go: mata, asr-003894 03:08:16.000 --> 03:08:17.120 Senator Christopher Lawrence T. Go: at marami asr-003895 03:08:17.120 --> 03:08:18.900 Senator Christopher Lawrence T. Go: silang mga pulisiya po. asr-003896 03:08:19.460 --> 03:08:20.040 Senator Christopher Lawrence T. Go: Halimbawa, asr-003897 03:08:20.920 --> 03:08:22.220 Senator Christopher Lawrence T. Go: yung 45 days asr-003898 03:08:22.220 --> 03:08:24.100 Senator Christopher Lawrence T. Go: confinement policy nila. asr-003899 03:08:24.100 --> 03:08:26.400 Senator Christopher Lawrence T. Go: Na pag hanggang asr-003900 03:08:26.400 --> 03:08:28.640 Senator Christopher Lawrence T. Go: 45 days ka lang po ikocover ng PhilHealth. asr-003901 03:08:28.980 --> 03:08:30.320 Senator Christopher Lawrence T. Go: Ngayon, tinanggal na po nila yun. asr-003902 03:08:30.740 --> 03:08:31.840 Senator Christopher Lawrence T. Go: Tayo pong nakapansin nun. asr-003903 03:08:32.800 --> 03:08:34.300 Senator Christopher Lawrence T. Go: Yung single period of confinement asr-003904 03:08:34.300 --> 03:08:35.280 Senator Christopher Lawrence T. Go: policy nila na asr-003905 03:08:35.280 --> 03:08:38.120 Senator Christopher Lawrence T. Go: within 90 days, hindi ka pwedeng asr-003906 03:08:38.120 --> 03:08:40.500 Senator Christopher Lawrence T. Go: i-cover muli ng PhilHealth. So, tinanggal asr-003907 03:08:40.500 --> 03:08:42.080 Senator Christopher Lawrence T. Go: po nila yun noong December asr-003908 03:08:42.080 --> 03:08:44.660 Senator Christopher Lawrence T. Go: of 2024. asr-003909 03:08:45.500 --> 03:08:46.660 Senator Christopher Lawrence T. Go: Dahil nagpanik na po sila asr-003910 03:08:46.660 --> 03:08:48.120 Senator Christopher Lawrence T. Go: at galit na po yung tao. asr-003911 03:08:48.580 --> 03:08:50.280 Senator Christopher Lawrence T. Go: Sabi ko, sana ginawa nila yung mga asr-003912 03:08:50.280 --> 03:08:52.180 Senator Christopher Lawrence T. Go: changes nila, yung mga reforms nila. asr-003913 03:08:52.600 --> 03:08:53.860 Senator Christopher Lawrence T. Go: Tinanggal yung mga old asr-003914 03:08:53.860 --> 03:08:56.240 Senator Christopher Lawrence T. Go: policies nila na single period of asr-003915 03:08:56.240 --> 03:08:57.200 Senator Christopher Lawrence T. Go: confinement policy, asr-003916 03:08:58.000 --> 03:09:00.120 Senator Christopher Lawrence T. Go: ginawa nila noong January of asr-003917 03:09:00.120 --> 03:09:02.280 Senator Christopher Lawrence T. Go: 2024, wala sanang asr-003918 03:09:02.280 --> 03:09:03.680 Senator Christopher Lawrence T. Go: excess funds ang PhilHealth. asr-003919 03:09:04.120 --> 03:09:05.940 Senator Christopher Lawrence T. Go: Walang kukunin ang asr-003920 03:09:05.940 --> 03:09:08.440 Senator Christopher Lawrence T. Go: National Treasury. Walang kukunin asr-003921 03:09:08.440 --> 03:09:10.260 Senator Christopher Lawrence T. Go: po ang Department of asr-003922 03:09:10.260 --> 03:09:12.220 Senator Christopher Lawrence T. Go: Finance. Ang punto ko lang po asr-003923 03:09:12.220 --> 03:09:12.620 Senator Christopher Lawrence T. Go: dito, asr-003924 03:09:13.420 --> 03:09:16.260 Senator Christopher Lawrence T. Go: sir, kung ano po yung naayon sa batas asr-003925 03:09:16.260 --> 03:09:18.240 Senator Christopher Lawrence T. Go: na ilagay po natin asr-003926 03:09:18.240 --> 03:09:19.600 Senator Christopher Lawrence T. Go: na pondo para sa health. asr-003927 03:09:19.980 --> 03:09:21.360 Senator Christopher Lawrence T. Go: Kasi ako po yung naniniwala na asr-003928 03:09:21.360 --> 03:09:24.200 Senator Christopher Lawrence T. Go: ang PhilHealth po ay para sa health asr-003929 03:09:24.200 --> 03:09:25.680 Senator Christopher Lawrence T. Go: ng bawat asr-003930 03:09:26.240 --> 03:09:27.400 Senator Christopher Lawrence T. Go: Pilipino. asr-003931 03:09:28.200 --> 03:09:30.220 Senator Christopher Lawrence T. Go: At salamat rin po sa Supreme Court asr-003932 03:09:30.220 --> 03:09:31.900 Senator Christopher Lawrence T. Go: finally nakapag-decide sila. asr-003933 03:09:32.320 --> 03:09:33.420 Senator Christopher Lawrence T. Go: Ipinabalik po noong asr-003934 03:09:33.420 --> 03:09:35.300 Senator Christopher Lawrence T. Go: 2026 yung 60 asr-003935 03:09:35.300 --> 03:09:37.300 Senator Christopher Lawrence T. Go: billion. Pero asr-003936 03:09:37.300 --> 03:09:38.920 Senator Christopher Lawrence T. Go: tingnan nyo po, asr-003937 03:09:40.600 --> 03:09:41.580 Senator Christopher Lawrence T. Go: dalawang taon po asr-003938 03:09:41.580 --> 03:09:42.960 Senator Christopher Lawrence T. Go: ang PhilHealth. asr-003939 03:09:43.940 --> 03:09:45.680 Senator Christopher Lawrence T. Go: Nabawasan sila ng 60 billion noong asr-003940 03:09:45.680 --> 03:09:47.960 Senator Christopher Lawrence T. Go: 2024, naging asr-003941 03:09:47.960 --> 03:09:50.040 Senator Christopher Lawrence T. Go: zero sila asr-003942 03:09:50.040 --> 03:09:51.380 Senator Christopher Lawrence T. Go: noong 2025. asr-003943 03:09:52.040 --> 03:09:54.000 Senator Christopher Lawrence T. Go: It was double whammy po ang nangyari asr-003944 03:09:54.000 --> 03:09:56.040 Senator Christopher Lawrence T. Go: sa PhilHealth. Sana asr-003945 03:09:56.040 --> 03:09:57.100 Senator Christopher Lawrence T. Go: po, Sekretary asr-003946 03:09:57.100 --> 03:10:00.000 Senator Christopher Lawrence T. Go: Frederick Goh, asr-003947 03:10:01.060 --> 03:10:02.360 Senator Christopher Lawrence T. Go: uncle. asr-003948 03:10:05.480 --> 03:10:06.000 Senator Christopher Lawrence T. Go: Hindi, asr-003949 03:10:06.220 --> 03:10:08.120 Senator Christopher Lawrence T. Go: gaw po ang, minsan biro ko asr-003950 03:10:08.120 --> 03:10:09.880 Senator Christopher Lawrence T. Go: sa kanya eh. Gaw, asr-003951 03:10:10.020 --> 03:10:11.120 Senator Christopher Lawrence T. Go: uncle na kita ngayon. asr-003952 03:10:12.020 --> 03:10:13.640 Senator Christopher Lawrence T. Go: Kasi tumanda ka na sa trabaho mo. asr-003953 03:10:14.440 --> 03:10:15.980 Senator Christopher Lawrence T. Go: Pero, masarap asr-003954 03:10:15.980 --> 03:10:17.960 Senator Christopher Lawrence T. Go: ang pakiramdam pag nakatulong ka asr-003955 03:10:17.960 --> 03:10:19.740 Senator Christopher Lawrence T. Go: para sa bayan mo, Sekretary asr-003956 03:10:19.740 --> 03:10:22.020 Senator Christopher Lawrence T. Go: Frederick. Sana po yung huwag maulit asr-003957 03:10:22.020 --> 03:10:23.920 Senator Christopher Lawrence T. Go: ito na kung ano po yung pondo para asr-003958 03:10:23.920 --> 03:10:25.920 Senator Christopher Lawrence T. Go: sa PhilHealth. Dahil marami pa po ang Pilipino. asr-003959 03:10:26.040 --> 03:10:28.060 Senator Christopher Lawrence T. Go: Mga kailangan. Tama yung sinabi nyo asr-003960 03:10:28.060 --> 03:10:29.980 Senator Christopher Lawrence T. Go: ngayon, ma'am. Ramdam na po natin. asr-003961 03:10:30.360 --> 03:10:31.780 Senator Christopher Lawrence T. Go: Marami na pong mga reforma asr-003962 03:10:31.780 --> 03:10:33.260 Senator Christopher Lawrence T. Go: na pinatanggal natin asr-003963 03:10:33.260 --> 03:10:36.040 Senator Christopher Lawrence T. Go: na tayo po nakapansin. asr-003964 03:10:37.920 --> 03:10:38.160 Senator Christopher Lawrence T. Go: At asr-003965 03:10:38.160 --> 03:10:40.020 Senator Christopher Lawrence T. Go: sulit po yung pangungulit natin asr-003966 03:10:40.020 --> 03:10:40.660 Senator Christopher Lawrence T. Go: sa PhilHealth. asr-003967 03:10:41.900 --> 03:10:43.920 Senator Christopher Lawrence T. Go: Yung 24-hour confinement asr-003968 03:10:43.920 --> 03:10:45.620 Senator Christopher Lawrence T. Go: policy, alam nyo po yun. asr-003969 03:10:46.360 --> 03:10:47.860 Senator Christopher Lawrence T. Go: Na kailangan mong ma-admit muna asr-003970 03:10:47.860 --> 03:10:49.040 Senator Christopher Lawrence T. Go: ng 24 hours asr-003971 03:10:49.040 --> 03:10:52.060 Senator Christopher Lawrence T. Go: bago ka-cover ng PhilHealth. Kalukuhan naman yun. asr-003972 03:10:52.820 --> 03:10:54.300 Senator Christopher Lawrence T. Go: Di ba? Sana gamitin mo asr-003973 03:10:54.300 --> 03:10:55.840 Senator Christopher Lawrence T. Go: na lang yung pera sa asr-003974 03:10:56.040 --> 03:10:58.120 Senator Christopher Lawrence T. Go: bili ng medisina kaysa ibayad mo sa kwarto. asr-003975 03:10:58.720 --> 03:11:00.120 Senator Christopher Lawrence T. Go: So marami silang nadiscovering asr-003976 03:11:00.120 --> 03:11:02.200 Senator Christopher Lawrence T. Go: mga pulisiyan na old policies asr-003977 03:11:02.200 --> 03:11:03.000 Senator Christopher Lawrence T. Go: ng PhilHealth asr-003978 03:11:03.000 --> 03:11:05.420 Senator Christopher Lawrence T. Go: na tinanggal nila asr-003979 03:11:05.420 --> 03:11:06.620 Senator Christopher Lawrence T. Go: ng December asr-003980 03:11:06.620 --> 03:11:10.380 Senator Christopher Lawrence T. Go: 2024 sa board meeting nila. asr-003981 03:11:10.600 --> 03:11:11.380 Senator Christopher Lawrence T. Go: Pero tapos na po. asr-003982 03:11:12.100 --> 03:11:12.920 Senator Christopher Lawrence T. Go: Kinuha na yung asr-003983 03:11:12.920 --> 03:11:15.880 Senator Christopher Lawrence T. Go: 60 billion. Salamat naman po asr-003984 03:11:15.880 --> 03:11:18.120 Senator Christopher Lawrence T. Go: at naibalik na yung 2026 asr-003985 03:11:18.120 --> 03:11:19.060 Senator Christopher Lawrence T. Go: inutos po ng asr-003986 03:11:19.060 --> 03:11:22.040 Senator Christopher Lawrence T. Go: Pangulong Marcos na ibalik po siya. asr-003987 03:11:22.700 --> 03:11:24.220 Senator Christopher Lawrence T. Go: Kaya lang, kung titignan mong asr-003988 03:11:24.220 --> 03:11:26.020 Senator Christopher Lawrence T. Go: mabuti, I'm sure asr-003989 03:11:26.040 --> 03:11:27.520 Senator Christopher Lawrence T. Go: talino ka naman po sa asr-003990 03:11:27.520 --> 03:11:29.260 Senator Christopher Lawrence T. Go: Matt, Secretary asr-003991 03:11:29.260 --> 03:11:31.900 Senator Christopher Lawrence T. Go: Frederico. Mat-talino ang mga go eh asr-003992 03:11:31.900 --> 03:11:32.720 Senator Christopher Lawrence T. Go: sa Matt. asr-003993 03:11:33.720 --> 03:11:35.100 Senator Christopher Lawrence T. Go: Makikita nyo naman po na asr-003994 03:11:35.100 --> 03:11:37.840 Senator Christopher Lawrence T. Go: halos zero po yung asr-003995 03:11:37.840 --> 03:11:38.900 Senator Christopher Lawrence T. Go: 2024. asr-003996 03:11:40.000 --> 03:11:41.380 Senator Christopher Lawrence T. Go: Sipin nyo, 60 billion. asr-003997 03:11:42.540 --> 03:11:44.160 Senator Christopher Lawrence T. Go: 61 billion yung budget nila. asr-003998 03:11:47.520 --> 03:11:50.460 Senator Christopher Lawrence T. Go: 61.514 billion asr-003999 03:11:50.460 --> 03:11:52.020 Senator Christopher Lawrence T. Go: ang budget for 2024. asr-004000 03:11:53.020 --> 03:11:54.040 Senator Christopher Lawrence T. Go: Ang kinuha asr-004001 03:11:54.040 --> 03:11:55.120 Senator Christopher Lawrence T. Go: ng National Treasury asr-004002 03:11:55.120 --> 03:11:55.660 Senator Christopher Lawrence T. Go: ng asr-004003 03:11:56.040 --> 03:11:58.280 Senator Christopher Lawrence T. Go: 60 billion. Halos asr-004004 03:11:58.280 --> 03:12:00.640 Senator Christopher Lawrence T. Go: wala nang budget for 2024. asr-004005 03:12:01.880 --> 03:12:03.460 Senator Christopher Lawrence T. Go: 2025, zero asr-004006 03:12:03.460 --> 03:12:06.600 Senator Christopher Lawrence T. Go: ang inapurbahan ng Congress. asr-004007 03:12:07.600 --> 03:12:09.060 Senator Christopher Lawrence T. Go: So, double whammy po ito. asr-004008 03:12:09.680 --> 03:12:10.480 Senator Christopher Lawrence T. Go: Ilan po asr-004009 03:12:10.480 --> 03:12:12.920 Senator Christopher Lawrence T. Go: kayang pasyente ang makikinabang asr-004010 03:12:12.920 --> 03:12:14.460 Senator Christopher Lawrence T. Go: dito? Ilang buhay po kaya asr-004011 03:12:14.460 --> 03:12:16.780 Senator Christopher Lawrence T. Go: ang maisasalbar kung nagamit asr-004012 03:12:16.780 --> 03:12:17.860 Senator Christopher Lawrence T. Go: po yung pondo ng asr-004013 03:12:17.860 --> 03:12:19.260 Senator Christopher Lawrence T. Go: PhilHealth? asr-004014 03:12:20.720 --> 03:12:22.280 Senator Christopher Lawrence T. Go: Kawawa po yung mga Pilipino. asr-004015 03:12:22.280 --> 03:12:24.180 Senator Christopher Lawrence T. Go: Yung mga mahihirap nating kababayang asr-004016 03:12:24.180 --> 03:12:25.780 Senator Christopher Lawrence T. Go: Pilipino. So, asr-004017 03:12:26.040 --> 03:12:28.300 Senator Christopher Lawrence T. Go: salamat po sa PhilHealth. Salamat rin po asr-004018 03:12:28.300 --> 03:12:30.280 Senator Christopher Lawrence T. Go: sa inyong lahat na naibalik ito ngayong asr-004019 03:12:30.280 --> 03:12:32.480 Senator Christopher Lawrence T. Go: 2026 asr-004020 03:12:32.480 --> 03:12:34.440 Senator Christopher Lawrence T. Go: sa utos po ng Pangulong asr-004021 03:12:34.440 --> 03:12:36.140 Senator Christopher Lawrence T. Go: Marcos. And hopefully sa asr-004022 03:12:36.140 --> 03:12:38.480 Senator Christopher Lawrence T. Go: 2027, pakibantayan nyo lang po asr-004023 03:12:38.480 --> 03:12:40.060 Senator Christopher Lawrence T. Go: ito na sana po asr-004024 03:12:40.060 --> 03:12:41.880 Senator Christopher Lawrence T. Go: according to asr-004025 03:12:41.880 --> 03:12:44.560 Senator Christopher Lawrence T. Go: itong syntax asr-004026 03:12:44.560 --> 03:12:46.420 Senator Christopher Lawrence T. Go: law na inapurbahan po natin dito asr-004027 03:12:46.420 --> 03:12:48.320 Senator Christopher Lawrence T. Go: sa Congress, kung ano yung nasa batas asr-004028 03:12:48.320 --> 03:12:50.220 Senator Christopher Lawrence T. Go: na 75.2 billion, asr-004029 03:12:51.060 --> 03:12:52.340 Senator Christopher Lawrence T. Go: yun rin po ang may bibigay asr-004030 03:12:52.340 --> 03:12:54.400 Senator Christopher Lawrence T. Go: sa PhilHealth. Of course, asr-004031 03:12:54.520 --> 03:12:55.480 Senator Christopher Lawrence T. Go: ang magbabantayan yan, asr-004032 03:12:56.040 --> 03:12:57.780 Senator Christopher Lawrence T. Go: ang champion po ng Universal asr-004033 03:12:57.780 --> 03:13:00.060 Senator Christopher Lawrence T. Go: Healthcare Law natin dito. Ito po asr-004034 03:13:00.060 --> 03:13:02.300 Senator Christopher Lawrence T. Go: yung ating chairperson. asr-004035 03:13:02.580 --> 03:13:03.680 Senator Christopher Lawrence T. Go: Timing po ito dahil asr-004036 03:13:03.680 --> 03:13:05.800 Senator Christopher Lawrence T. Go: yung UHC Law, asr-004037 03:13:06.200 --> 03:13:07.880 Senator Christopher Lawrence T. Go: siya po ang principal sponsor asr-004038 03:13:07.880 --> 03:13:09.620 Senator Christopher Lawrence T. Go: ng batas na yan. At asr-004039 03:13:09.620 --> 03:13:12.060 Senator Christopher Lawrence T. Go: kaya nga tayo inaprubahan asr-004040 03:13:12.060 --> 03:13:13.920 Senator Christopher Lawrence T. Go: dito sa syntax law, para asr-004041 03:13:13.920 --> 03:13:15.960 Senator Christopher Lawrence T. Go: kung ano yung intended na pondo po para asr-004042 03:13:15.960 --> 03:13:17.820 Senator Christopher Lawrence T. Go: sa PhilHealth, ay dapat po nasa PhilHealth. asr-004043 03:13:18.040 --> 03:13:20.060 Senator Christopher Lawrence T. Go: Gusto ko lang po i-share sa inyo kasi maring asr-004044 03:13:20.060 --> 03:13:22.400 Senator Christopher Lawrence T. Go: hindi nyo po ito napansin asr-004045 03:13:22.400 --> 03:13:24.160 Senator Christopher Lawrence T. Go: po, sir. Marami asr-004046 03:13:24.160 --> 03:13:25.440 Senator Christopher Lawrence T. Go: pong mapapakinabangan. asr-004047 03:13:26.040 --> 03:13:28.000 Senator Christopher Lawrence T. Go: Ang ating mga kababayan, lalong-lalo na po asr-004048 03:13:28.000 --> 03:13:30.400 Senator Christopher Lawrence T. Go: yung mga mahirap na wala pong ibang matakbuhan asr-004049 03:13:30.400 --> 03:13:31.480 Senator Christopher Lawrence T. Go: kung hindi tayo pong asr-004050 03:13:31.480 --> 03:13:33.940 Senator Christopher Lawrence T. Go: nasa gobyerno po. asr-004051 03:13:34.100 --> 03:13:35.980 Senator Christopher Lawrence T. Go: Importante rito yung proper asr-004052 03:13:35.980 --> 03:13:38.720 Senator Christopher Lawrence T. Go: earmarking po asr-004053 03:13:38.720 --> 03:13:40.220 Senator Christopher Lawrence T. Go: para sa PhilHealth asr-004054 03:13:40.220 --> 03:13:40.820 Senator Christopher Lawrence T. Go: dahil asr-004055 03:13:40.820 --> 03:13:43.700 Senator Christopher Lawrence T. Go: ang kalusugan po asr-004056 03:13:43.700 --> 03:13:45.920 Senator Christopher Lawrence T. Go: ng Pilipino ay katumbas yan ang buhay asr-004057 03:13:45.920 --> 03:13:47.120 Senator Christopher Lawrence T. Go: ng bawat Pilipino. asr-004058 03:13:48.440 --> 03:13:49.760 Senator Christopher Lawrence T. Go: For next year po itong asr-004059 03:13:49.760 --> 03:13:50.480 Senator Christopher Lawrence T. Go: 74 asr-004060 03:13:50.480 --> 03:13:55.780 Senator Christopher Lawrence T. Go: 2027, asr-004061 03:13:56.040 --> 03:13:58.460 Senator Christopher Lawrence T. Go: 74 billion po. asr-004062 03:13:58.760 --> 03:14:00.720 Senator Christopher Lawrence T. Go: So medyo nag-match na po siya. asr-004063 03:14:02.420 --> 03:14:04.340 Senator Christopher Lawrence T. Go: Next question lang po. asr-004064 03:14:04.960 --> 03:14:06.200 Senator Christopher Lawrence T. Go: I also filed a bill, asr-004065 03:14:06.340 --> 03:14:08.280 Senator Christopher Lawrence T. Go: Senate Bill 1849. asr-004066 03:14:08.960 --> 03:14:10.260 Senator Christopher Lawrence T. Go: Ito pong abolishing the asr-004067 03:14:10.260 --> 03:14:11.120 Senator Christopher Lawrence T. Go: travel tax. asr-004068 03:14:12.420 --> 03:14:14.320 Senator Christopher Lawrence T. Go: The government currently collects asr-004069 03:14:14.320 --> 03:14:16.320 Senator Christopher Lawrence T. Go: a 1,620 asr-004070 03:14:17.220 --> 03:14:18.340 Senator Christopher Lawrence T. Go: travel tax from asr-004071 03:14:18.340 --> 03:14:20.340 Senator Christopher Lawrence T. Go: economy plus passengers asr-004072 03:14:20.340 --> 03:14:22.360 Senator Christopher Lawrence T. Go: departing the Philippines asr-004073 03:14:22.360 --> 03:14:23.740 Senator Christopher Lawrence T. Go: on international flights. asr-004074 03:14:23.880 --> 03:14:26.020 Senator Christopher Lawrence T. Go: Importante po pagkaanin, asr-004075 03:14:26.040 --> 03:14:28.360 Senator Christopher Lawrence T. Go: natin ang pasanin ng ating mga kababayan asr-004076 03:14:28.360 --> 03:14:30.320 Senator Christopher Lawrence T. Go: lalo na po yung mga Pilipinong asr-004077 03:14:30.320 --> 03:14:31.400 Senator Christopher Lawrence T. Go: gustong maglakbay. asr-004078 03:14:32.420 --> 03:14:33.880 Senator Christopher Lawrence T. Go: Travel tax has been asr-004079 03:14:33.880 --> 03:14:36.020 Senator Christopher Lawrence T. Go: an additional burden for travelers. asr-004080 03:14:36.840 --> 03:14:38.240 Senator Christopher Lawrence T. Go: Pero sa OFWs natin asr-004081 03:14:38.240 --> 03:14:39.640 Senator Christopher Lawrence T. Go: ang exempted naman po sila. asr-004082 03:14:40.420 --> 03:14:42.060 Senator Christopher Lawrence T. Go: For example, a family of four asr-004083 03:14:42.060 --> 03:14:43.800 Senator Christopher Lawrence T. Go: would pay a total of asr-004084 03:14:43.800 --> 03:14:46.420 Senator Christopher Lawrence T. Go: 6,480 in travel tax. asr-004085 03:14:46.940 --> 03:14:48.040 Senator Christopher Lawrence T. Go: This amount could have been asr-004086 03:14:48.040 --> 03:14:50.220 Senator Christopher Lawrence T. Go: used instead for travel insurance, asr-004087 03:14:50.840 --> 03:14:52.060 Senator Christopher Lawrence T. Go: accommodations, or other asr-004088 03:14:52.060 --> 03:14:53.960 Senator Christopher Lawrence T. Go: family needs. This could make asr-004089 03:14:53.960 --> 03:14:55.960 Senator Christopher Lawrence T. Go: a difference in the quality of asr-004090 03:14:55.960 --> 03:14:59.260 Senator Christopher Lawrence T. Go: a Filipino family's asr-004091 03:14:59.260 --> 03:15:00.000 Senator Christopher Lawrence T. Go: travel experience. asr-004092 03:15:00.000 --> 03:15:03.520 Senator Christopher Lawrence T. Go: ano bang position ninyo dito asr-004093 03:15:03.520 --> 03:15:07.520 Senator Christopher Lawrence T. Go: Secretary Goh asr-004094 03:15:07.520 --> 03:15:09.480 Senator Christopher Lawrence T. Go: at before you answer that asr-004095 03:15:09.480 --> 03:15:11.280 Senator Christopher Lawrence T. Go: tulungan mo rin sana asr-004096 03:15:11.280 --> 03:15:13.740 Senator Christopher Lawrence T. Go: aside from this travel tax asr-004097 03:15:13.740 --> 03:15:15.100 Senator Christopher Lawrence T. Go: kung sakaling may isa batas ito asr-004098 03:15:15.100 --> 03:15:17.380 Senator Christopher Lawrence T. Go: kailangan mo nang sundin asr-004099 03:15:17.380 --> 03:15:19.900 Senator Christopher Lawrence T. Go: pero ano bang position ninyo dito asr-004100 03:15:19.900 --> 03:15:21.840 Senator Christopher Lawrence T. Go: at meron pong isa pa asr-004101 03:15:21.840 --> 03:15:24.980 Senator Christopher Lawrence T. Go: kahapon lang namin ito na-discuss asr-004102 03:15:24.980 --> 03:15:26.980 Senator Christopher Lawrence T. Go: na plano po ng asr-004103 03:15:26.980 --> 03:15:30.120 Senator Christopher Lawrence T. Go: itong Department of asr-004104 03:15:30.120 --> 03:15:32.420 Senator Christopher Lawrence T. Go: Foreign Affairs asr-004105 03:15:32.420 --> 03:15:33.520 Senator Christopher Lawrence T. Go: or through APO asr-004106 03:15:33.520 --> 03:15:36.360 Senator Christopher Lawrence T. Go: itong APO Production Unit asr-004107 03:15:36.360 --> 03:15:37.700 Senator Christopher Lawrence T. Go: na taasan po ang asr-004108 03:15:37.700 --> 03:15:42.680 Senator Christopher Lawrence T. Go: passport processing fee asr-004109 03:15:42.680 --> 03:15:46.100 Senator Christopher Lawrence T. Go: from 950 to 1,500 asr-004110 03:15:46.100 --> 03:15:49.380 Senator Christopher Lawrence T. Go: mas lalo pong pabigat ito asr-004111 03:15:49.380 --> 03:15:51.800 Senator Christopher Lawrence T. Go: Secretary Goh asr-004112 03:15:51.800 --> 03:15:54.500 Senator Christopher Lawrence T. Go: dahil bawat piso, bawat sentimo asr-004113 03:15:54.500 --> 03:15:55.960 Senator Christopher Lawrence T. Go: ay napakahalaga po sa mga asr-004114 03:15:55.960 --> 03:15:56.680 Senator Christopher Lawrence T. Go: ordinaryong Pilipinas asr-004115 03:15:56.980 --> 03:15:58.360 Senator Christopher Lawrence T. Go: na nagta-travel po asr-004116 03:15:58.360 --> 03:15:59.400 Senator Christopher Lawrence T. Go: sa totoo lamang po asr-004117 03:15:59.400 --> 03:16:00.920 Senator Christopher Lawrence T. Go: mabigat po yung additional asr-004118 03:16:00.920 --> 03:16:05.600 Senator Christopher Lawrence T. Go: na passport processing fee asr-004119 03:16:05.600 --> 03:16:07.880 Senator Christopher Lawrence T. Go: kung sakaling i-increase nila ito asr-004120 03:16:07.880 --> 03:16:10.340 Senator Christopher Lawrence T. Go: kaya po, nakiusap nga po ako asr-004121 03:16:10.340 --> 03:16:12.660 Senator Christopher Lawrence T. Go: kahapon kay Secretary Kakdak asr-004122 03:16:12.660 --> 03:16:14.920 Senator Christopher Lawrence T. Go: at papakiusapan raw niya asr-004123 03:16:14.920 --> 03:16:16.100 Senator Christopher Lawrence T. Go: si Secretary asr-004124 03:16:16.100 --> 03:16:17.840 Senator Christopher Lawrence T. Go: Lazaro asr-004125 03:16:17.840 --> 03:16:20.360 Senator Christopher Lawrence T. Go: or ang Office of the President asr-004126 03:16:20.360 --> 03:16:22.320 Senator Christopher Lawrence T. Go: dahil itong GOCC na APO asr-004127 03:16:22.320 --> 03:16:22.960 Senator Christopher Lawrence T. Go: is under asr-004128 03:16:22.960 --> 03:16:23.960 Senator Christopher Lawrence T. Go: the asr-004129 03:16:23.960 --> 03:16:24.120 Senator Christopher Lawrence T. Go: GOCC asr-004130 03:16:24.120 --> 03:16:26.120 Senator Christopher Lawrence T. Go: or the asr-004131 03:16:26.980 --> 03:16:27.820 Senator Christopher Lawrence T. Go: OCC po ito asr-004132 03:16:27.820 --> 03:16:29.820 Senator Christopher Lawrence T. Go: under the Office of the President asr-004133 03:16:29.820 --> 03:16:31.820 Senator Christopher Lawrence T. Go: baka pwede niyo pong pagtulungan asr-004134 03:16:31.820 --> 03:16:33.820 Senator Christopher Lawrence T. Go: ni Secretary Kakdak asr-004135 03:16:33.820 --> 03:16:35.820 Senator Christopher Lawrence T. Go: Secretary Goh na asr-004136 03:16:35.820 --> 03:16:37.820 Senator Christopher Lawrence T. Go: huwag muna sanang mag-increase asr-004137 03:16:37.820 --> 03:16:39.820 Senator Christopher Lawrence T. Go: itong asr-004138 03:16:39.820 --> 03:16:41.820 Senator Christopher Lawrence T. Go: passport fee asr-004139 03:16:41.820 --> 03:16:43.820 Senator Christopher Lawrence T. Go: or passport processing fee asr-004140 03:16:43.820 --> 03:16:45.820 Senator Christopher Lawrence T. Go: yun lang, pakiuna asr-004141 03:16:45.820 --> 03:16:47.820 Senator Christopher Lawrence T. Go: pakisagot muna itong asr-004142 03:16:47.820 --> 03:16:49.820 Senator Christopher Lawrence T. Go: matulungan niyo ba kami and then asr-004143 03:16:49.820 --> 03:16:51.820 Senator Christopher Lawrence T. Go: puntahan po natin itong travel tax asr-004144 03:16:51.820 --> 03:16:53.820 DOF Secretary Frederick D. Go: Mr. Chair asr-004145 03:16:53.820 --> 03:16:56.820 DOF Secretary Frederick D. Go: una sa lahat gusto kong mag- asr-004146 03:16:56.980 --> 03:16:58.580 DOF Secretary Frederick D. Go: express ng aking lubos na asr-004147 03:16:58.580 --> 03:17:01.460 DOF Secretary Frederick D. Go: pagsasalamat kay Senator Bong Go asr-004148 03:17:01.460 --> 03:17:02.820 DOF Secretary Frederick D. Go: sa lahat ng asr-004149 03:17:02.820 --> 03:17:04.060 DOF Secretary Frederick D. Go: introduction nya asr-004150 03:17:04.060 --> 03:17:05.680 DOF Secretary Frederick D. Go: kanina nang sinabi nyong asr-004151 03:17:05.680 --> 03:17:07.860 DOF Secretary Frederick D. Go: support ninyo sa Department of Finance asr-004152 03:17:07.860 --> 03:17:09.580 DOF Secretary Frederick D. Go: maraming maraming salamat po asr-004153 03:17:09.580 --> 03:17:11.660 DOF Secretary Frederick D. Go: dun Senator Bong Go asr-004154 03:17:11.660 --> 03:17:12.980 DOF Secretary Frederick D. Go: at asr-004155 03:17:12.980 --> 03:17:14.280 DOF Secretary Frederick D. Go: second po asr-004156 03:17:14.280 --> 03:17:17.980 DOF Secretary Frederick D. Go: I completely recognized that you are the most asr-004157 03:17:17.980 --> 03:17:19.740 DOF Secretary Frederick D. Go: popular advocate of health asr-004158 03:17:19.740 --> 03:17:21.740 DOF Secretary Frederick D. Go: in the entire legislature asr-004159 03:17:21.740 --> 03:17:23.740 DOF Secretary Frederick D. Go: so I completely asr-004160 03:17:23.740 --> 03:17:26.820 DOF Secretary Frederick D. Go: sympathize and understand the concerns that you raised asr-004161 03:17:26.820 --> 03:17:28.240 DOF Secretary Frederick D. Go: regarding PhilHealth. asr-004162 03:17:30.040 --> 03:17:30.980 DOF Secretary Frederick D. Go: Third po, asr-004163 03:17:31.360 --> 03:17:34.620 DOF Secretary Frederick D. Go: since na-decision na po yan asr-004164 03:17:34.620 --> 03:17:35.400 DOF Secretary Frederick D. Go: ng Supreme Court, asr-004165 03:17:35.880 --> 03:17:38.660 DOF Secretary Frederick D. Go: I believe it will never happen again. asr-004166 03:17:39.520 --> 03:17:41.080 DOF Secretary Frederick D. Go: And if I may just say, asr-004167 03:17:41.720 --> 03:17:43.060 DOF Secretary Frederick D. Go: at least, asr-004168 03:17:43.340 --> 03:17:44.900 DOF Secretary Frederick D. Go: ang pagbalik ng 60 billion po asr-004169 03:17:44.900 --> 03:17:46.380 DOF Secretary Frederick D. Go: sa PhilHealth ay nangyari po asr-004170 03:17:46.380 --> 03:17:47.740 DOF Secretary Frederick D. Go: nung panahon ko na dito sa asr-004171 03:17:47.740 --> 03:17:49.560 DOF Secretary Frederick D. Go: Department of Finance. asr-004172 03:17:51.160 --> 03:17:52.080 DOF Secretary Frederick D. Go: Pangapat po, asr-004173 03:17:52.800 --> 03:17:55.180 DOF Secretary Frederick D. Go: ang may tutulong po nang namin sa inyo asr-004174 03:17:55.180 --> 03:17:57.360 DOF Secretary Frederick D. Go: dito sa earmarking asr-004175 03:17:57.360 --> 03:17:59.400 DOF Secretary Frederick D. Go: ay ang Department of Finance asr-004176 03:17:59.400 --> 03:18:00.420 DOF Secretary Frederick D. Go: can certify asr-004177 03:18:00.420 --> 03:18:03.640 DOF Secretary Frederick D. Go: the revenues generated asr-004178 03:18:03.640 --> 03:18:06.780 DOF Secretary Frederick D. Go: that are being earmarked for asr-004179 03:18:06.780 --> 03:18:08.400 DOF Secretary Frederick D. Go: PhilHealth. asr-004180 03:18:10.020 --> 03:18:13.180 DOF Secretary Frederick D. Go: Sa DBM na po yung ang pag- asr-004181 03:18:13.180 --> 03:18:14.840 DOF Secretary Frederick D. Go: finalize ng asr-004182 03:18:14.840 --> 03:18:17.020 DOF Secretary Frederick D. Go: National Expenditure Program. asr-004183 03:18:17.560 --> 03:18:19.280 DOF Secretary Frederick D. Go: Pero pwede po namin ibigay sa inyo asr-004184 03:18:19.280 --> 03:18:21.120 DOF Secretary Frederick D. Go: yung impormasyon kung ano talaga asr-004185 03:18:21.120 --> 03:18:23.580 DOF Secretary Frederick D. Go: ang revenues ng gobyerno asr-004186 03:18:23.580 --> 03:18:24.580 DOF Secretary Frederick D. Go: regarding SYNTAX. asr-004187 03:18:25.180 --> 03:18:27.360 DOF Secretary Frederick D. Go: For example, asr-004188 03:18:28.360 --> 03:18:32.320 DOF Secretary Frederick D. Go: Number five po, asr-004189 03:18:32.560 --> 03:18:34.800 DOF Secretary Frederick D. Go: supporta po kami sa pagtanggal asr-004190 03:18:34.800 --> 03:18:36.140 DOF Secretary Frederick D. Go: ng travel tax. asr-004191 03:18:36.720 --> 03:18:38.920 DOF Secretary Frederick D. Go: The Department of Finance has officially asr-004192 03:18:38.920 --> 03:18:40.560 DOF Secretary Frederick D. Go: transmitted our position asr-004193 03:18:40.560 --> 03:18:42.180 DOF Secretary Frederick D. Go: to the legislature, asr-004194 03:18:42.660 --> 03:18:43.500 DOF Secretary Frederick D. Go: including the Senate, asr-004195 03:18:43.980 --> 03:18:45.860 DOF Secretary Frederick D. Go: in the Senate hearing, asr-004196 03:18:46.040 --> 03:18:48.300 DOF Secretary Frederick D. Go: that we support the abolishment asr-004197 03:18:48.300 --> 03:18:50.920 DOF Secretary Frederick D. Go: of travel tax asr-004198 03:18:50.920 --> 03:18:52.440 DOF Secretary Frederick D. Go: for all the reasons asr-004199 03:18:52.440 --> 03:18:54.600 DOF Secretary Frederick D. Go: you mentioned earlier po. asr-004200 03:18:54.600 --> 03:18:55.460 Senator Christopher Lawrence T. Go: Promise, ha? asr-004201 03:18:55.800 --> 03:18:56.660 DOF Secretary Frederick D. Go: Yes, we support. asr-004202 03:18:57.540 --> 03:18:58.340 DOF Secretary Frederick D. Go: For the record, asr-004203 03:18:58.620 --> 03:19:00.380 DOF Secretary Frederick D. Go: the Department of Finance supports asr-004204 03:19:00.380 --> 03:19:03.440 DOF Secretary Frederick D. Go: the removal or asr-004205 03:19:03.440 --> 03:19:05.980 DOF Secretary Frederick D. Go: abolishing the travel tax. asr-004206 03:19:06.840 --> 03:19:08.280 Senator Christopher Lawrence T. Go: Salamat. Malaking bagay po yun asr-004207 03:19:08.280 --> 03:19:09.140 Senator Christopher Lawrence T. Go: dahil sabi ko nga, asr-004208 03:19:09.220 --> 03:19:10.980 Senator Christopher Lawrence T. Go: bawat piso, bawat sentimo po asr-004209 03:19:10.980 --> 03:19:13.320 Senator Christopher Lawrence T. Go: ay napakalaga sa ordinaryong asr-004210 03:19:13.320 --> 03:19:14.500 Senator Christopher Lawrence T. Go: Pilipino na asr-004211 03:19:14.500 --> 03:19:16.460 Senator Christopher Lawrence T. Go: nais rin pong makapag-travel. asr-004212 03:19:16.880 --> 03:19:17.820 Senator Christopher Lawrence T. Go: Going back to my, asr-004213 03:19:18.340 --> 03:19:20.280 Senator Christopher Lawrence T. Go: yung nabanggit ko kanina about the asr-004214 03:19:20.280 --> 03:19:22.300 Senator Christopher Lawrence T. Go: passport processing fee, asr-004215 03:19:22.300 --> 03:19:24.420 Senator Christopher Lawrence T. Go: baka matulungan nyo rin po na asr-004216 03:19:24.420 --> 03:19:26.140 Senator Christopher Lawrence T. Go: ipagpaliban muna at huwag mo nang asr-004217 03:19:26.140 --> 03:19:27.160 Senator Christopher Lawrence T. Go: i-increase ang asr-004218 03:19:27.160 --> 03:19:30.680 Senator Christopher Lawrence T. Go: itong passport processing fee. asr-004219 03:19:30.760 --> 03:19:31.640 Senator Christopher Lawrence T. Go: Mabigat po ito, asr-004220 03:19:31.880 --> 03:19:33.100 Senator Christopher Lawrence T. Go: Secretary Frederico. asr-004221 03:19:34.500 --> 03:19:35.980 DOF Secretary Frederick D. Go: Mr. Chair, Mr. Senator, asr-004222 03:19:36.640 --> 03:19:38.560 DOF Secretary Frederick D. Go: I'm a big believer that asr-004223 03:19:38.560 --> 03:19:41.540 DOF Secretary Frederick D. Go: that there are many asr-004224 03:19:41.540 --> 03:19:43.960 DOF Secretary Frederick D. Go: ways to become more efficient asr-004225 03:19:43.960 --> 03:19:46.220 DOF Secretary Frederick D. Go: in government, which is why po, asr-004226 03:19:46.260 --> 03:19:48.400 DOF Secretary Frederick D. Go: if you will allow me, I'm very proud of asr-004227 03:19:48.400 --> 03:19:50.640 DOF Secretary Frederick D. Go: some members here of my team, asr-004228 03:19:50.640 --> 03:19:52.800 DOF Secretary Frederick D. Go: like I want to mention, say the SEC. asr-004229 03:19:53.700 --> 03:19:54.400 DOF Secretary Frederick D. Go: Nung nababagay, asr-004230 03:19:54.420 --> 03:19:56.780 DOF Secretary Frederick D. Go: umupo po si Chairman Francis Lim. asr-004231 03:19:56.920 --> 03:19:57.740 DOF Secretary Frederick D. Go: We worked together asr-004232 03:19:57.740 --> 03:20:00.380 DOF Secretary Frederick D. Go: and we determined how we can actually asr-004233 03:20:00.380 --> 03:20:02.340 DOF Secretary Frederick D. Go: reduce fees. asr-004234 03:20:03.140 --> 03:20:04.480 DOF Secretary Frederick D. Go: So the registration of asr-004235 03:20:04.480 --> 03:20:06.940 DOF Secretary Frederick D. Go: MSMEs at the SEC, asr-004236 03:20:07.180 --> 03:20:08.120 DOF Secretary Frederick D. Go: we reduced the fees. asr-004237 03:20:08.240 --> 03:20:09.660 DOF Secretary Frederick D. Go: Binaba po natin yung fees. asr-004238 03:20:10.380 --> 03:20:12.700 DOF Secretary Frederick D. Go: Kaya siguro yung mga tao, sanay na sanay na asr-004239 03:20:12.700 --> 03:20:14.660 DOF Secretary Frederick D. Go: nasa gobyerno, every year asr-004240 03:20:14.660 --> 03:20:16.060 DOF Secretary Frederick D. Go: or every two years, every three years, asr-004241 03:20:16.240 --> 03:20:18.520 DOF Secretary Frederick D. Go: nagtataas tayo ng fees. asr-004242 03:20:19.240 --> 03:20:20.860 DOF Secretary Frederick D. Go: Kung hindi naman kailangan, asr-004243 03:20:21.060 --> 03:20:22.720 DOF Secretary Frederick D. Go: bakit pa tayo mag-i-increase asr-004244 03:20:22.720 --> 03:20:23.300 DOF Secretary Frederick D. Go: ng fees? asr-004245 03:20:24.420 --> 03:20:26.760 DOF Secretary Frederick D. Go: Dito rin po sa Bureau of Customs, asr-004246 03:20:26.860 --> 03:20:28.600 DOF Secretary Frederick D. Go: dati po yung accreditation ng asr-004247 03:20:28.600 --> 03:20:29.580 DOF Secretary Frederick D. Go: Customs Brokers, asr-004248 03:20:30.420 --> 03:20:32.680 DOF Secretary Frederick D. Go: annual po yun. Every year, asr-004249 03:20:32.880 --> 03:20:33.640 DOF Secretary Frederick D. Go: so talagang asr-004250 03:20:33.640 --> 03:20:36.180 DOF Secretary Frederick D. Go: maraming trabaho yan eh. asr-004251 03:20:36.440 --> 03:20:38.460 DOF Secretary Frederick D. Go: Pag re-renew ng yung lisensya asr-004252 03:20:38.460 --> 03:20:40.480 DOF Secretary Frederick D. Go: at every year magbabayad ka po ng asr-004253 03:20:40.480 --> 03:20:42.540 DOF Secretary Frederick D. Go: Brokers Accreditation Fee. asr-004254 03:20:42.620 --> 03:20:44.460 DOF Secretary Frederick D. Go: Ang ginawa po namin dyan, every asr-004255 03:20:44.460 --> 03:20:46.320 DOF Secretary Frederick D. Go: three years na. Tapos, asr-004256 03:20:47.020 --> 03:20:48.580 DOF Secretary Frederick D. Go: ang equivalent ng babayaran mong asr-004257 03:20:48.580 --> 03:20:50.020 DOF Secretary Frederick D. Go: fees, binawasan pa namin. asr-004258 03:20:50.540 --> 03:20:51.020 DOF Secretary Frederick D. Go: So ngayon, asr-004259 03:20:52.240 --> 03:20:54.220 DOF Secretary Frederick D. Go: hindi ka na ma-madidistribute asr-004260 03:20:54.420 --> 03:20:56.160 DOF Secretary Frederick D. Go: Torbo, every year, pangalawa, asr-004261 03:20:56.360 --> 03:20:58.560 DOF Secretary Frederick D. Go: mas mura pa ang pag-accredit asr-004262 03:20:58.560 --> 03:21:00.380 DOF Secretary Frederick D. Go: ng Brokers Fees. asr-004263 03:21:00.540 --> 03:21:02.400 DOF Secretary Frederick D. Go: Kaya po, I'm asr-004264 03:21:02.400 --> 03:21:04.480 DOF Secretary Frederick D. Go: quite proud na asr-004265 03:21:04.480 --> 03:21:06.560 DOF Secretary Frederick D. Go: dito kami sa DOF asr-004266 03:21:06.560 --> 03:21:08.660 DOF Secretary Frederick D. Go: at yung family namin. asr-004267 03:21:08.800 --> 03:21:10.220 DOF Secretary Frederick D. Go: Naghanap kami ng mga paraan asr-004268 03:21:10.220 --> 03:21:12.640 DOF Secretary Frederick D. Go: kung paano maibaba ang cost asr-004269 03:21:12.640 --> 03:21:14.460 DOF Secretary Frederick D. Go: of transacting asr-004270 03:21:14.460 --> 03:21:16.720 DOF Secretary Frederick D. Go: with the government. Sa land bank po, asr-004271 03:21:16.780 --> 03:21:18.060 DOF Secretary Frederick D. Go: kung pwede ko lang banggitin, asr-004272 03:21:18.240 --> 03:21:19.860 DOF Secretary Frederick D. Go: Mr. Chair, Mr. Senator, asr-004273 03:21:20.720 --> 03:21:22.200 DOF Secretary Frederick D. Go: tayo po ang nag-umpisa noong asr-004274 03:21:22.200 --> 03:21:23.220 DOF Secretary Frederick D. Go: May of this year. asr-004275 03:21:24.420 --> 03:21:26.760 DOF Secretary Frederick D. Go: Nabi ko sa land bank, bakit kapag nagpapadala asr-004276 03:21:26.760 --> 03:21:28.360 DOF Secretary Frederick D. Go: ka ng pera sa asr-004277 03:21:28.360 --> 03:21:30.340 DOF Secretary Frederick D. Go: Instapay or Banknet, ang charges asr-004278 03:21:30.340 --> 03:21:32.520 DOF Secretary Frederick D. Go: 10 pesos, 20 pesos, 30 pesos. asr-004279 03:21:33.000 --> 03:21:34.580 DOF Secretary Frederick D. Go: So kinausap ko sa land bank kung asr-004280 03:21:34.580 --> 03:21:36.720 DOF Secretary Frederick D. Go: pwede nating babaan yan. So nagbaba asr-004281 03:21:36.720 --> 03:21:38.780 DOF Secretary Frederick D. Go: po kami sa land bank from 15 pesos asr-004282 03:21:38.780 --> 03:21:39.660 DOF Secretary Frederick D. Go: to 8 pesos asr-004283 03:21:39.660 --> 03:21:42.520 DOF Secretary Frederick D. Go: ang transaction fee. Ngayon po, asr-004284 03:21:43.340 --> 03:21:44.120 DOF Secretary Frederick D. Go: in September, asr-004285 03:21:44.940 --> 03:21:46.860 DOF Secretary Frederick D. Go: the top 10 banks in the Philippines asr-004286 03:21:46.860 --> 03:21:48.620 DOF Secretary Frederick D. Go: do not charge for asr-004287 03:21:48.620 --> 03:21:50.420 DOF Secretary Frederick D. Go: any digital transaction po. asr-004288 03:21:51.260 --> 03:21:51.880 DOF Secretary Frederick D. Go: The banks, ha? asr-004289 03:21:52.940 --> 03:21:54.140 Senator Christopher Lawrence T. Go: Ibig mo sabihin, asr-004290 03:21:54.420 --> 03:21:56.260 Senator Christopher Lawrence T. Go: you are keen on reducing asr-004291 03:21:56.260 --> 03:21:57.190 Senator Christopher Lawrence T. Go: fees. asr-004291-split-2 03:21:57.190 --> 03:21:57.700 DOF Secretary Frederick D. Go: Yes, sir. asr-004292 03:21:58.300 --> 03:22:00.200 Senator Christopher Lawrence T. Go: And mas streamlined asr-004293 03:22:00.200 --> 03:22:02.740 Senator Christopher Lawrence T. Go: processes, yun ang gusto mo. asr-004294 03:22:03.120 --> 03:22:04.700 Senator Christopher Lawrence T. Go: So salamat po. asr-004295 03:22:05.200 --> 03:22:06.060 Senator Christopher Lawrence T. Go: At ibig sabihin, asr-004296 03:22:06.220 --> 03:22:08.320 Senator Christopher Lawrence T. Go: supportado mo rin po na huwag magtaas asr-004297 03:22:08.320 --> 03:22:10.360 Senator Christopher Lawrence T. Go: ng passport asr-004298 03:22:10.360 --> 03:22:12.000 Senator Christopher Lawrence T. Go: processing fee. Am I correct? asr-004299 03:22:12.700 --> 03:22:14.320 DOF Secretary Frederick D. Go: If I may just qualify that asr-004300 03:22:14.320 --> 03:22:16.480 DOF Secretary Frederick D. Go: I have not talked to them, so I do not asr-004301 03:22:16.480 --> 03:22:18.580 DOF Secretary Frederick D. Go: know why they're increasing fees. asr-004302 03:22:19.000 --> 03:22:20.480 DOF Secretary Frederick D. Go: But I believe that there are a lot asr-004303 03:22:20.480 --> 03:22:22.380 DOF Secretary Frederick D. Go: of inefficiencies that can asr-004304 03:22:22.380 --> 03:22:24.340 DOF Secretary Frederick D. Go: be improved. At kung maka-improve asr-004305 03:22:24.340 --> 03:22:26.500 DOF Secretary Frederick D. Go: ka na efficiency, dapat magbawas ka pa nga asr-004306 03:22:26.500 --> 03:22:26.880 DOF Secretary Frederick D. Go: ng charges. asr-004307 03:22:26.880 --> 03:22:29.980 Senator Christopher Lawrence T. Go: I-suggest mo sa kanila, Sekretary, ha? asr-004308 03:22:30.340 --> 03:22:31.340 DOF Secretary Frederick D. Go: Hindi ko pa nakikita. asr-004309 03:22:32.120 --> 03:22:34.120 Senator Joseph Victor "JV" G. Ejercito: Baka pwede mong kausapin sila, asr-004310 03:22:34.280 --> 03:22:36.400 Senator Joseph Victor "JV" G. Ejercito: Sekretary Frederico. Actually, if I may asr-004311 03:22:36.400 --> 03:22:38.520 Senator Joseph Victor "JV" G. Ejercito: interject, I think it's more asr-004312 03:22:38.520 --> 03:22:40.280 Senator Joseph Victor "JV" G. Ejercito: of an issue. It is asr-004313 03:22:40.280 --> 03:22:41.560 Senator Joseph Victor "JV" G. Ejercito: cost of production. asr-004314 03:22:42.200 --> 03:22:43.480 Senator Joseph Victor "JV" G. Ejercito: It's APO that wrote asr-004315 03:22:43.480 --> 03:22:46.100 Senator Joseph Victor "JV" G. Ejercito: this committee and the DFA asr-004316 03:22:46.100 --> 03:22:47.740 Senator Joseph Victor "JV" G. Ejercito: that they can no longer asr-004317 03:22:47.740 --> 03:22:50.140 Senator Joseph Victor "JV" G. Ejercito: ang problema, baka mag-stop sila ng production asr-004318 03:22:50.140 --> 03:22:52.060 Senator Joseph Victor "JV" G. Ejercito: next year if they don't increase. asr-004319 03:22:52.220 --> 03:22:54.180 Senator Joseph Victor "JV" G. Ejercito: So yun yung ayaw natin na magmulat asr-004320 03:22:54.180 --> 03:22:56.060 Senator Joseph Victor "JV" G. Ejercito: wala tayo ng passports because more asr-004321 03:22:56.060 --> 03:22:58.380 Senator Joseph Victor "JV" G. Ejercito: OFWs will be affected. asr-004322 03:22:58.580 --> 03:23:00.060 Senator Joseph Victor "JV" G. Ejercito: Kaya nga, of course, tama yung asr-004323 03:23:00.060 --> 03:23:01.680 Senator Joseph Victor "JV" G. Ejercito: sinasabing sa Bongo, we do not want asr-004324 03:23:01.680 --> 03:23:04.080 Senator Joseph Victor "JV" G. Ejercito: additional burden lalo sa OFWs asr-004325 03:23:04.080 --> 03:23:05.980 Senator Joseph Victor "JV" G. Ejercito: natin. Yung 950 to asr-004326 03:23:05.980 --> 03:23:08.240 Senator Joseph Victor "JV" G. Ejercito: 1.5 na proposal, it's too much. asr-004327 03:23:08.400 --> 03:23:10.080 Senator Joseph Victor "JV" G. Ejercito: But that's why we asked asr-004328 03:23:10.080 --> 03:23:12.360 Senator Joseph Victor "JV" G. Ejercito: the Department of Foreign Affairs asr-004329 03:23:12.360 --> 03:23:13.560 Senator Joseph Victor "JV" G. Ejercito: to resolve this issue. asr-004330 03:23:15.140 --> 03:23:16.220 Senator Joseph Victor "JV" G. Ejercito: Kung pwedeng asr-004331 03:23:16.220 --> 03:23:18.080 Senator Joseph Victor "JV" G. Ejercito: may ayos. Kasi 10 years na raw asr-004332 03:23:18.080 --> 03:23:19.620 Senator Joseph Victor "JV" G. Ejercito: yata silang hindi nakapag-increase. So asr-004333 03:23:19.620 --> 03:23:21.480 Senator Joseph Victor "JV" G. Ejercito: we're hoping that we can have asr-004334 03:23:21.480 --> 03:23:23.840 Senator Joseph Victor "JV" G. Ejercito: a solution to this problem. asr-004335 03:23:24.180 --> 03:23:25.880 Senator Joseph Victor "JV" G. Ejercito: Kasi we do not want the OFWs to be asr-004336 03:23:25.880 --> 03:23:28.120 Senator Joseph Victor "JV" G. Ejercito: burdened as well with this increase. asr-004337 03:23:28.680 --> 03:23:29.740 Senator Joseph Victor "JV" G. Ejercito: We're not sure that we will asr-004338 03:23:29.740 --> 03:23:31.140 Senator Joseph Victor "JV" G. Ejercito: do our part as well. asr-004339 03:23:32.020 --> 03:23:32.860 Senator Christopher Lawrence T. Go: Maalalan nyo po, asr-004340 03:23:33.960 --> 03:23:35.520 Senator Christopher Lawrence T. Go: Mr. Chair, Secretary Goh, asr-004341 03:23:36.060 --> 03:23:36.860 Senator Christopher Lawrence T. Go: maalalan nyo na asr-004342 03:23:36.860 --> 03:23:39.520 Senator Christopher Lawrence T. Go: yung asr-004343 03:23:39.520 --> 03:23:41.300 Senator Christopher Lawrence T. Go: validity ng passport asr-004344 03:23:41.300 --> 03:23:44.040 Senator Christopher Lawrence T. Go: nung panahon ni former President Duterte asr-004345 03:23:44.040 --> 03:23:45.840 Senator Christopher Lawrence T. Go: from 5 years, ginawa po asr-004346 03:23:45.840 --> 03:23:47.580 Senator Christopher Lawrence T. Go: nating 10 years. asr-004347 03:23:47.940 --> 03:23:49.180 Senator Christopher Lawrence T. Go: In line po yun sa yung asr-004348 03:23:49.180 --> 03:23:51.780 Senator Christopher Lawrence T. Go: streamlining processes, asr-004349 03:23:52.320 --> 03:23:54.140 Senator Christopher Lawrence T. Go: huwag pahirapan yung mga kababayan natin, asr-004350 03:23:54.180 --> 03:23:56.340 Senator Christopher Lawrence T. Go: napaulit, pabalik-balik silang asr-004351 03:23:56.340 --> 03:23:57.940 Senator Christopher Lawrence T. Go: mag-renew, haba ng pila. asr-004352 03:23:58.760 --> 03:23:59.880 Senator Christopher Lawrence T. Go: And then, ito lang po, asr-004353 03:24:00.160 --> 03:24:01.860 Senator Christopher Lawrence T. Go: since nabanggit nyo kanina, asr-004354 03:24:02.000 --> 03:24:03.840 Senator Christopher Lawrence T. Go: yun naman po ang iyong ginagawa, asr-004355 03:24:04.300 --> 03:24:05.840 Senator Christopher Lawrence T. Go: nire-reduce asr-004356 03:24:05.840 --> 03:24:07.300 Senator Christopher Lawrence T. Go: yung presyo, asr-004357 03:24:07.980 --> 03:24:10.120 Senator Christopher Lawrence T. Go: pinapatagal yung validity, huwag pahirapan asr-004358 03:24:10.120 --> 03:24:11.160 Senator Christopher Lawrence T. Go: yung mga kababayan natin. asr-004359 03:24:12.160 --> 03:24:13.880 Senator Christopher Lawrence T. Go: Baka, supportahan nyo po itong asr-004360 03:24:13.880 --> 03:24:16.200 Senator Christopher Lawrence T. Go: you may suggest naman asr-004361 03:24:16.200 --> 03:24:17.200 Senator Christopher Lawrence T. Go: siguro with your asr-004362 03:24:17.200 --> 03:24:20.160 Senator Christopher Lawrence T. Go: fellow Cabinet asr-004363 03:24:20.160 --> 03:24:22.140 Senator Christopher Lawrence T. Go: Secretary na huwag asr-004364 03:24:22.140 --> 03:24:24.020 Senator Christopher Lawrence T. Go: naman sana dahil hirap po ang asr-004365 03:24:24.020 --> 03:24:25.600 Senator Christopher Lawrence T. Go: ating mga kababayan ngayon. asr-004366 03:24:25.740 --> 03:24:27.680 Senator Christopher Lawrence T. Go: At sabi ko nga, bawat piso, bawat asr-004367 03:24:27.680 --> 03:24:29.480 Senator Christopher Lawrence T. Go: sentimo ay napakalaga asr-004368 03:24:29.480 --> 03:24:32.400 Senator Christopher Lawrence T. Go: sa ating mga kababayang asr-004369 03:24:32.400 --> 03:24:34.000 Senator Christopher Lawrence T. Go: mahihirap po, na wala pong asr-004370 03:24:34.000 --> 03:24:35.900 Senator Christopher Lawrence T. Go: pambayad, lalong-lalo na po yung asr-004371 03:24:35.900 --> 03:24:37.960 Senator Christopher Lawrence T. Go: mga isang kahig, isang tuka natin mga kababayan asr-004372 03:24:37.960 --> 03:24:39.860 Senator Christopher Lawrence T. Go: na hirap pong magbayad. At ang asr-004373 03:24:39.860 --> 03:24:42.260 Senator Christopher Lawrence T. Go: makikinabang po dito, yung mga OFWs asr-004374 03:24:42.260 --> 03:24:44.280 Senator Christopher Lawrence T. Go: natin, na halos asr-004375 03:24:44.280 --> 03:24:46.320 Senator Christopher Lawrence T. Go: wala hong asr-004376 03:24:46.320 --> 03:24:47.280 Senator Christopher Lawrence T. Go: pangbayad na asr-004377 03:24:47.280 --> 03:24:50.060 Senator Christopher Lawrence T. Go: pang-apply asr-004378 03:24:50.060 --> 03:24:51.980 Senator Christopher Lawrence T. Go: ng passport. Yung iba, hirap rin po asr-004379 03:24:51.980 --> 03:24:53.800 Senator Christopher Lawrence T. Go: sa kanilang mga placement fee. asr-004380 03:24:54.020 --> 03:24:55.920 Senator Christopher Lawrence T. Go: Nag-trabaho sila sa abroad. Malaking asr-004381 03:24:55.920 --> 03:24:57.880 Senator Christopher Lawrence T. Go: bagay po ito sa kanila na hindi asr-004382 03:24:57.880 --> 03:24:59.940 Senator Christopher Lawrence T. Go: muna ma-increase. Pakitulong naman asr-004383 03:24:59.940 --> 03:25:01.940 Senator Christopher Lawrence T. Go: po, Secretary Godel. asr-004384 03:25:02.020 --> 03:25:03.180 Senator Christopher Lawrence T. Go: Narinig ko rin po kanina asr-004385 03:25:03.180 --> 03:25:05.460 Senator Christopher Lawrence T. Go: yung inyong pulisiya ngayon. asr-004386 03:25:05.700 --> 03:25:07.680 Senator Christopher Lawrence T. Go: So proud sa mga iba't-ibang agency asr-004387 03:25:07.680 --> 03:25:08.800 Senator Christopher Lawrence T. Go: sa mga ginagawa niyo po. asr-004388 03:25:10.500 --> 03:25:11.840 DOF Secretary Frederick D. Go: Your Honor, base sa lahat asr-004389 03:25:11.840 --> 03:25:13.780 DOF Secretary Frederick D. Go: ng sinabi niyo, I promise asr-004390 03:25:13.780 --> 03:25:15.780 DOF Secretary Frederick D. Go: to communicate with the asr-004391 03:25:15.780 --> 03:25:17.060 DOF Secretary Frederick D. Go: Secretary of Foreign Affairs asr-004392 03:25:17.060 --> 03:25:19.700 DOF Secretary Frederick D. Go: to see kung anong magagawa asr-004393 03:25:19.700 --> 03:25:21.560 DOF Secretary Frederick D. Go: po tungkol dito. Salamat. asr-004394 03:25:21.680 --> 03:25:22.820 Senator Christopher Lawrence T. Go: Malaking bagay po yun. asr-004395 03:25:24.020 --> 03:25:24.660 Senator Christopher Lawrence T. Go: Anyway, asr-004396 03:25:25.220 --> 03:25:28.240 Senator Christopher Lawrence T. Go: ngayong araw po asr-004397 03:25:28.240 --> 03:25:29.960 Senator Christopher Lawrence T. Go: ay magtataas na naman po asr-004398 03:25:29.960 --> 03:25:31.800 Senator Christopher Lawrence T. Go: ang presyo ng gasolina at diesel. asr-004399 03:25:32.180 --> 03:25:34.060 Senator Christopher Lawrence T. Go: Gasoline will have an increase of asr-004400 03:25:34.060 --> 03:25:36.280 Senator Christopher Lawrence T. Go: 4.8 per liter asr-004401 03:25:36.280 --> 03:25:37.920 Senator Christopher Lawrence T. Go: and 4 peso and asr-004402 03:25:37.920 --> 03:25:40.100 Senator Christopher Lawrence T. Go: 88 centavos per liter. And diesel asr-004403 03:25:40.100 --> 03:25:42.260 Senator Christopher Lawrence T. Go: will have an increase of 8 pesos asr-004404 03:25:42.260 --> 03:25:44.500 Senator Christopher Lawrence T. Go: and 82 centavos per liter. asr-004405 03:25:45.120 --> 03:25:46.340 Senator Christopher Lawrence T. Go: Panibagong pahirap asr-004406 03:25:46.340 --> 03:25:47.780 Senator Christopher Lawrence T. Go: naman po ito sa ating mga asr-004407 03:25:47.780 --> 03:25:49.680 Senator Christopher Lawrence T. Go: chupers, drivers natin. asr-004408 03:25:49.780 --> 03:25:51.800 Senator Christopher Lawrence T. Go: Apektado po sila sa presyo ng bilihin. asr-004409 03:25:52.740 --> 03:25:53.940 Senator Christopher Lawrence T. Go: Nagpasa po tayo ng asr-004410 03:25:53.940 --> 03:25:55.560 Senator Christopher Lawrence T. Go: batas dito sa Senado, itong asr-004411 03:25:55.560 --> 03:25:57.660 Senator Christopher Lawrence T. Go: Republic Act 12316 asr-004412 03:25:57.660 --> 03:25:59.640 Senator Christopher Lawrence T. Go: authorizing the President to suspend asr-004413 03:25:59.640 --> 03:26:01.300 Senator Christopher Lawrence T. Go: the imposition of excise taxes asr-004414 03:26:01.300 --> 03:26:03.800 Senator Christopher Lawrence T. Go: on diesel and gasoline. Ngunit hanggang sa ngayon asr-004415 03:26:03.800 --> 03:26:05.160 Senator Christopher Lawrence T. Go: po, hindi po ito asr-004416 03:26:05.160 --> 03:26:06.560 Senator Christopher Lawrence T. Go: inirekomenda ng asr-004417 03:26:06.560 --> 03:26:09.700 Senator Christopher Lawrence T. Go: DOF. I reiterate asr-004418 03:26:09.700 --> 03:26:11.660 Senator Christopher Lawrence T. Go: my call to already include the suspension asr-004419 03:26:11.660 --> 03:26:14.080 Senator Christopher Lawrence T. Go: of excise tax on diesel and gasoline. asr-004420 03:26:14.600 --> 03:26:15.880 Senator Christopher Lawrence T. Go: Diesel po yung pangunahing asr-004421 03:26:15.880 --> 03:26:17.680 Senator Christopher Lawrence T. Go: ginagamit ng ating mga kababayan, asr-004422 03:26:17.840 --> 03:26:19.480 Senator Christopher Lawrence T. Go: lalo na po sa transport workers asr-004423 03:26:19.480 --> 03:26:20.980 Senator Christopher Lawrence T. Go: at agricultural workers. asr-004424 03:26:21.500 --> 03:26:23.760 Senator Christopher Lawrence T. Go: Ang importante dito ay maibsan kahit pa pano asr-004425 03:26:23.940 --> 03:26:25.480 Senator Christopher Lawrence T. Go: kasanin ng ating mga kababayan asr-004426 03:26:25.480 --> 03:26:27.860 Senator Christopher Lawrence T. Go: kung hindi pa nga lahat ng asr-004427 03:26:27.860 --> 03:26:29.460 Senator Christopher Lawrence T. Go: beneficiaries nakakatanggap ng asr-004428 03:26:29.460 --> 03:26:31.100 Senator Christopher Lawrence T. Go: subsidy mula sa gobyerno, asr-004429 03:26:31.620 --> 03:26:34.000 Senator Christopher Lawrence T. Go: bakit hindi pa suspindihin itong excise tax asr-004430 03:26:34.000 --> 03:26:36.280 Senator Christopher Lawrence T. Go: para lahat po'y makinabang. asr-004431 03:26:36.380 --> 03:26:37.560 Senator Christopher Lawrence T. Go: Pag-aralan din po dapat asr-004432 03:26:37.560 --> 03:26:39.180 Senator Christopher Lawrence T. Go: ang pag-suspindi pansamantala asr-004433 03:26:39.180 --> 03:26:41.920 Senator Christopher Lawrence T. Go: ng VAT sa oil products, electricity asr-004434 03:26:41.920 --> 03:26:43.820 Senator Christopher Lawrence T. Go: at basic goods. Malaki po asr-004435 03:26:43.820 --> 03:26:45.820 Senator Christopher Lawrence T. Go: malaki man ang asr-004436 03:26:45.820 --> 03:26:47.840 Senator Christopher Lawrence T. Go: mawawalang koleksyon ng gobyerno, asr-004437 03:26:47.980 --> 03:26:49.560 Senator Christopher Lawrence T. Go: direkta naman po itong mga katulong sa asr-004438 03:26:49.560 --> 03:26:51.680 Senator Christopher Lawrence T. Go: Pilipino, imbis na mawala asr-004439 03:26:51.680 --> 03:26:53.700 Senator Christopher Lawrence T. Go: lang po sa korupsyon. asr-004440 03:26:53.940 --> 03:26:56.180 Senator Christopher Lawrence T. Go: Malaking tulong asr-004441 03:26:56.180 --> 03:26:57.720 Senator Christopher Lawrence T. Go: po ito sa ating mga kababayan asr-004442 03:26:57.720 --> 03:26:59.100 Senator Christopher Lawrence T. Go: na sekretary Igo, asr-004443 03:26:59.620 --> 03:27:00.260 Senator Christopher Lawrence T. Go: kesa naman asr-004444 03:27:00.260 --> 03:27:03.940 Senator Christopher Lawrence T. Go: mapunta lang po sa korupsyon. asr-004445 03:27:04.500 --> 03:27:04.720 Senator Christopher Lawrence T. Go: Baka asr-004446 03:27:04.720 --> 03:27:07.400 Senator Christopher Lawrence T. Go: pag-aralan niyong mabuti itong asr-004447 03:27:07.400 --> 03:27:08.600 Senator Christopher Lawrence T. Go: pagsamantalang asr-004448 03:27:08.600 --> 03:27:11.680 Senator Christopher Lawrence T. Go: suspension ng VAT sa mga asr-004449 03:27:11.680 --> 03:27:12.540 Senator Christopher Lawrence T. Go: oil products. asr-004450 03:27:14.780 --> 03:27:16.260 Senator Christopher Lawrence T. Go: You may answer po. asr-004451 03:27:16.600 --> 03:27:17.120 DOF Secretary Frederick D. Go: Your Honor, asr-004452 03:27:17.680 --> 03:27:19.540 DOF Secretary Frederick D. Go: actually, asr-004453 03:27:20.240 --> 03:27:22.220 DOF Secretary Frederick D. Go: kanina mga 15 minutes ago, asr-004454 03:27:22.220 --> 03:27:23.580 DOF Secretary Frederick D. Go: pumipirma ako dito, asr-004455 03:27:23.940 --> 03:27:25.600 DOF Secretary Frederick D. Go: pinirmahan ko yung resolution asr-004456 03:27:25.600 --> 03:27:27.980 DOF Secretary Frederick D. Go: to remove excise taxes on asr-004457 03:27:27.980 --> 03:27:30.220 DOF Secretary Frederick D. Go: LPG and kerosene, asr-004458 03:27:30.820 --> 03:27:31.420 DOF Secretary Frederick D. Go: which is asr-004459 03:27:31.420 --> 03:27:33.960 DOF Secretary Frederick D. Go: very similar to what we did asr-004460 03:27:33.960 --> 03:27:35.540 DOF Secretary Frederick D. Go: in the first round of the asr-004461 03:27:35.540 --> 03:27:37.060 DOF Secretary Frederick D. Go: Middle East War. asr-004462 03:27:37.520 --> 03:27:38.940 DOF Secretary Frederick D. Go: So, pinirmahan ko na po, asr-004463 03:27:39.340 --> 03:27:40.720 DOF Secretary Frederick D. Go: matagal ko na po yan, asr-004464 03:27:40.800 --> 03:27:42.780 DOF Secretary Frederick D. Go: fina-follow up eh, kasi matagal ko asr-004465 03:27:42.780 --> 03:27:44.060 DOF Secretary Frederick D. Go: nang alam, tumaas ang presyo asr-004466 03:27:44.060 --> 03:27:46.720 DOF Secretary Frederick D. Go: ng langis, over $80 asr-004467 03:27:46.720 --> 03:27:48.740 DOF Secretary Frederick D. Go: a barrel, kaya hinahanap ko po asr-004468 03:27:48.740 --> 03:27:50.440 DOF Secretary Frederick D. Go: yung memo na yan. Kanina lang po, asr-004469 03:27:50.540 --> 03:27:52.560 DOF Secretary Frederick D. Go: umabot sa akin, pinirmahan ko agad-agad. asr-004470 03:27:53.940 --> 03:27:55.560 DOF Secretary Frederick D. Go: Tungkol po sa asr-004471 03:27:55.560 --> 03:27:59.020 DOF Secretary Frederick D. Go: LPG at kerosene po yan, asr-004472 03:27:59.360 --> 03:28:01.060 DOF Secretary Frederick D. Go: tungkol po sa diesel asr-004473 03:28:01.060 --> 03:28:03.100 DOF Secretary Frederick D. Go: at gasolina, asr-004474 03:28:03.840 --> 03:28:05.260 DOF Secretary Frederick D. Go: ang conclusion po asr-004475 03:28:05.260 --> 03:28:07.220 DOF Secretary Frederick D. Go: ng DBCC, nung una asr-004476 03:28:07.220 --> 03:28:09.780 DOF Secretary Frederick D. Go: namin itong pinag-usapan, asr-004477 03:28:10.360 --> 03:28:11.380 DOF Secretary Frederick D. Go: ay number one, asr-004478 03:28:13.480 --> 03:28:15.020 DOF Secretary Frederick D. Go: if you remove taxes asr-004479 03:28:15.020 --> 03:28:17.180 DOF Secretary Frederick D. Go: on diesel and gasoline, asr-004480 03:28:17.460 --> 03:28:19.760 DOF Secretary Frederick D. Go: it will not be progressive. asr-004481 03:28:20.860 --> 03:28:21.980 DOF Secretary Frederick D. Go: Ibig sabihin po nito, asr-004482 03:28:21.980 --> 03:28:23.420 DOF Secretary Frederick D. Go: yung theory po na, asr-004483 03:28:23.940 --> 03:28:26.080 DOF Secretary Frederick D. Go: pinarating sa amin ng mga ekonomista asr-004484 03:28:26.080 --> 03:28:28.120 DOF Secretary Frederick D. Go: ay, ang mga mayayaman asr-004485 03:28:28.120 --> 03:28:30.220 DOF Secretary Frederick D. Go: ang pinakamalakas gumamit asr-004486 03:28:30.220 --> 03:28:31.160 DOF Secretary Frederick D. Go: ng diesel at asr-004487 03:28:31.160 --> 03:28:33.540 DOF Secretary Frederick D. Go: gasolina. At kung asr-004488 03:28:33.540 --> 03:28:35.940 DOF Secretary Frederick D. Go: tinanggal po natin ang taxes asr-004489 03:28:35.940 --> 03:28:38.180 DOF Secretary Frederick D. Go: sa lahat, asr-004490 03:28:38.620 --> 03:28:40.640 DOF Secretary Frederick D. Go: ang mas makikinabang asr-004491 03:28:40.640 --> 03:28:42.240 DOF Secretary Frederick D. Go: po dito ay yung mga mayayaman asr-004492 03:28:42.240 --> 03:28:44.060 DOF Secretary Frederick D. Go: kasi sila po yung malakas gumamit asr-004493 03:28:44.060 --> 03:28:45.500 DOF Secretary Frederick D. Go: ng diesel at gasolina. asr-004494 03:28:46.240 --> 03:28:48.020 DOF Secretary Frederick D. Go: So, naisip namin asr-004495 03:28:48.020 --> 03:28:50.220 DOF Secretary Frederick D. Go: for that point asr-004496 03:28:50.220 --> 03:28:52.380 DOF Secretary Frederick D. Go: is to keep the taxes and instead asr-004497 03:28:52.380 --> 03:28:53.440 DOF Secretary Frederick D. Go: do a target asr-004498 03:28:53.440 --> 03:28:56.100 DOF Secretary Frederick D. Go: subsidy to the vulnerable asr-004499 03:28:56.100 --> 03:28:57.780 DOF Secretary Frederick D. Go: sectors. Yan po yung ginawa ng asr-004500 03:28:57.780 --> 03:28:59.840 DOF Secretary Frederick D. Go: uplift committee na asr-004501 03:28:59.840 --> 03:29:01.860 DOF Secretary Frederick D. Go: nag-determine po sila asr-004502 03:29:01.860 --> 03:29:04.060 DOF Secretary Frederick D. Go: kung saan magbibigay ng tulong at ayuda asr-004503 03:29:04.060 --> 03:29:06.140 DOF Secretary Frederick D. Go: sa mga pinakamahirap, asr-004504 03:29:06.540 --> 03:29:08.060 DOF Secretary Frederick D. Go: sa mga transport drivers, asr-004505 03:29:08.560 --> 03:29:10.560 DOF Secretary Frederick D. Go: sa mga farmers at sa mga fisher folk. asr-004506 03:29:11.260 --> 03:29:11.980 DOF Secretary Frederick D. Go: Yan po yung asr-004507 03:29:11.980 --> 03:29:14.420 DOF Secretary Frederick D. Go: one and two asr-004508 03:29:14.420 --> 03:29:15.840 DOF Secretary Frederick D. Go: na naisip ng asr-004509 03:29:15.840 --> 03:29:18.220 DOF Secretary Frederick D. Go: DBCC. Pangalawa po, asr-004510 03:29:18.600 --> 03:29:20.120 DOF Secretary Frederick D. Go: ang pangalawang asr-004511 03:29:20.120 --> 03:29:21.640 DOF Secretary Frederick D. Go: punto po ay kung tinanggal asr-004512 03:29:21.640 --> 03:29:21.940 DOF Secretary Frederick D. Go: ang asr-004513 03:29:23.440 --> 03:29:25.860 DOF Secretary Frederick D. Go: taxes ng diesel at gasolina asr-004514 03:29:25.860 --> 03:29:27.700 DOF Secretary Frederick D. Go: ay ang mawawala asr-004515 03:29:27.700 --> 03:29:29.240 DOF Secretary Frederick D. Go: pong collection ng gobyerno asr-004516 03:29:29.240 --> 03:29:31.020 DOF Secretary Frederick D. Go: is approximately 12 asr-004517 03:29:31.020 --> 03:29:32.540 DOF Secretary Frederick D. Go: billion a month. asr-004518 03:29:37.540 --> 03:29:39.500 DOF Secretary Frederick D. Go: Yeah, it's approximately asr-004519 03:29:39.500 --> 03:29:41.640 DOF Secretary Frederick D. Go: 12 billion a month kung matanggal. asr-004520 03:29:42.240 --> 03:29:43.580 DOF Secretary Frederick D. Go: Ang posisyon ko naman po as asr-004521 03:29:43.580 --> 03:29:45.800 DOF Secretary Frederick D. Go: DOF Secretary ever since asr-004522 03:29:45.800 --> 03:29:47.340 DOF Secretary Frederick D. Go: I'm very consistent po. asr-004523 03:29:48.080 --> 03:29:49.680 DOF Secretary Frederick D. Go: I am not opposed asr-004524 03:29:49.680 --> 03:29:51.220 DOF Secretary Frederick D. Go: to any revenue asr-004525 03:29:51.220 --> 03:29:53.120 DOF Secretary Frederick D. Go: reduction measure. asr-004526 03:29:53.440 --> 03:29:55.580 DOF Secretary Frederick D. Go: As long as there is a asr-004527 03:29:55.580 --> 03:29:57.460 DOF Secretary Frederick D. Go: corresponding asr-004528 03:29:57.460 --> 03:29:59.620 DOF Secretary Frederick D. Go: revenue enhancement asr-004529 03:29:59.620 --> 03:30:00.040 DOF Secretary Frederick D. Go: measure. asr-004530 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. asr-004531 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. asr-004532 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. asr-004533 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. asr-004534 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. asr-004535 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. asr-004536 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. asr-004537 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. asr-004538 03:31:18.720 --> 03:31:19.780 Senator Christopher Lawrence T. Go: Buwan-buwan po ito. asr-004539 03:31:20.400 --> 03:31:21.480 Senator Christopher Lawrence T. Go: At sa totoo lamang po, asr-004540 03:31:21.620 --> 03:31:25.620 Senator Christopher Lawrence T. Go: sa ordinaryong Pilipino na nagbabayad po ng bill, asr-004541 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. asr-004542 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, asr-004543 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. asr-004544 03:31:43.280 --> 03:31:47.040 Senator Christopher Lawrence T. Go: Ang system loss ay hindi dapat customer's loss. asr-004545 03:31:47.360 --> 03:31:50.880 Senator Christopher Lawrence T. Go: Kung ang system loss ay bunga ng nakaw na kuryente, asr-004546 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? asr-004547 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? asr-004548 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. asr-004549 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 asr-004550 03:32:19.960 --> 03:32:20.820 Senator Christopher Lawrence T. Go: from passing. asr-004551 03:32:20.880 --> 03:32:25.640 Senator Christopher Lawrence T. Go: system loss charges on to electric city. asr-004552 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 asr-004553 03:32:32.780 --> 03:32:37.360 Senator Christopher Lawrence T. Go: from passing system loss charges on to electricity consumers po. asr-004554 03:32:41.260 --> 03:32:42.380 Senator Christopher Lawrence T. Go: Secretary ko. asr-004555 03:32:42.680 --> 03:32:44.280 DOF Secretary Frederick D. Go: Your Honor, Mr. Chair. asr-004556 03:32:44.880 --> 03:32:45.920 DOF Secretary Frederick D. Go: Tama po yan. asr-004557 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. asr-004558 03:32:50.880 --> 03:32:56.240 DOF Secretary Frederick D. Go: Sa pagtanggal ng VAT on systems loss. asr-004559 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. asr-004560 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. asr-004561 03:33:18.840 --> 03:33:20.120 DOF Secretary Frederick D. Go: Hindi po kami... asr-004562 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 asr-004563 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 asr-004564 03:33:34.140 --> 03:33:36.360 DOF Secretary Frederick D. Go: systems loss just last month. asr-004565 03:33:38.300 --> 03:33:40.280 Senator Christopher Lawrence T. Go: Mr. Chair, on another topic lang po. asr-004566 03:33:40.980 --> 03:33:42.200 Senator Christopher Lawrence T. Go: May kli lang po ito. asr-004567 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. asr-004568 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. asr-004569 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. asr-004570 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. asr-004571 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. asr-004572 03:34:13.660 --> 03:34:15.940 Senator Christopher Lawrence T. Go: Ngunit sa kabila ng kanilang mahalagang papel, asr-004573 03:34:16.580 --> 03:34:17.660 Senator Christopher Lawrence T. Go: sila pong madalas na nakakarana. asr-004574 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. asr-004575 03:34:23.120 --> 03:34:26.080 Senator Christopher Lawrence T. Go: At nabanggit nyo po kanina na yun po yung ginagawa ninyo, asr-004576 03:34:26.160 --> 03:34:29.600 Senator Christopher Lawrence T. Go: streamlining processes, reduced fees. asr-004577 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, asr-004578 03:34:34.360 --> 03:34:37.860 Senator Christopher Lawrence T. Go: he signed into law Republic Act 11032. asr-004579 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. asr-004580 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 asr-004581 03:34:48.300 --> 03:34:50.380 Senator Christopher Lawrence T. Go: Ito po yung mga maliliit na negosyante. asr-004582 03:34:50.780 --> 03:34:52.140 Senator Christopher Lawrence T. Go: Malaking tulong po ito sa kanila. asr-004583 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. asr-004584 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? asr-004585 03:35:08.180 --> 03:35:12.740 Senator Joseph Victor "JV" G. Ejercito: Please, BIR, Commissioner Mendoza, please answer the query. asr-004586 03:35:13.360 --> 03:35:16.740 BIR Commissioner Charlito Martin R. Mendoza: Good afternoon, Mr. Chair, Senator Goh. asr-004587 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 asr-004588 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. asr-004589 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. asr-004590 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. asr-004591 03:35:43.100 --> 03:35:46.760 BIR Commissioner Charlito Martin R. Mendoza: Patungkol po sa mga micro and small entrepreneurs natin, asr-004592 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. asr-004593 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. asr-004594 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, asr-004595 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. asr-004596 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. asr-004597 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. asr-004598 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. asr-004599 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. asr-004600 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. asr-004601 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. asr-004602 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. asr-004603 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. asr-004604 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. asr-004605 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. asr-004606 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, asr-004607 03:37:32.600 --> 03:37:35.660 BIR Commissioner Charlito Martin R. Mendoza: napakarami po mga maliliit na negosyo, micro-small entrepreneurs. asr-004608 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. asr-004609 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. asr-004610 03:37:46.760 --> 03:37:48.460 BIR Commissioner Charlito Martin R. Mendoza: Program for micro-tax payers. asr-004611 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, asr-004612 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. asr-004613 03:38:02.820 --> 03:38:05.820 BIR Commissioner Charlito Martin R. Mendoza: At mahigit 5,000 na po ang na-approve natin. asr-004614 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. asr-004615 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. asr-004616 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. asr-004617 03:38:27.560 --> 03:38:29.320 BIR Commissioner Charlito Martin R. Mendoza: Mahaba yung form, mahirap intindihin. asr-004618 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. asr-004619 03:38:38.320 --> 03:38:41.880 BIR Commissioner Charlito Martin R. Mendoza: Ang form po natin kasi dyan is yung 1701. asr-004620 03:38:41.880 --> 03:38:46.340 BIR Commissioner Charlito Martin R. Mendoza: So gumawa po tayo ng 1701 MS for micro taxpayers. asr-004621 03:38:46.520 --> 03:38:47.580 BIR Commissioner Charlito Martin R. Mendoza: Available po online. asr-004622 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. asr-004623 03:38:53.540 --> 03:38:54.440 BIR Commissioner Charlito Martin R. Mendoza: Thank you po, Mr. asr-004624 03:38:54.440 --> 03:38:55.020 Senator Christopher Lawrence T. Go: Salamat po. asr-004625 03:38:55.240 --> 03:38:59.240 Senator Christopher Lawrence T. Go: Totoo po yun sa mga nalulugi na negosyante. asr-004626 03:38:59.400 --> 03:39:00.880 Senator Christopher Lawrence T. Go: Nahirapan po silang magsara. asr-004627 03:39:01.720 --> 03:39:03.860 Senator Christopher Lawrence T. Go: At meron po akong narinig po na reklamo. asr-004628 03:39:03.980 --> 03:39:05.300 Senator Christopher Lawrence T. Go: Yung matagal rin po ang proseso. asr-004629 03:39:05.380 --> 03:39:05.860 Senator Christopher Lawrence T. Go: Yung sa SEC. asr-004630 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? asr-004631 03:39:13.860 --> 03:39:14.860 Senator Christopher Lawrence T. Go: Imbis na... asr-004632 03:39:16.520 --> 03:39:18.440 Senator Christopher Lawrence T. Go: Lugi na nga yung mga negosyante. asr-004633 03:39:19.260 --> 03:39:23.360 Senator Christopher Lawrence T. Go: Pahirapan pa silang mag-retire o magsara ng kanilang negosyo. asr-004634 03:39:24.460 --> 03:39:28.960 Senator Christopher Lawrence T. Go: Mabilis lang ba ang proseso ngayon sa SEC, Mr. Francis Lee? asr-004635 03:39:28.980 --> 03:39:33.080 SEC Chairperson Francisco Ed Lim: Sa katotohanan, hindi pa namin inaabutan yan. asr-004636 03:39:33.660 --> 03:39:36.440 SEC Chairperson Francisco Ed Lim: Ang ginagawa namin yung ease of doing business. asr-004637 03:39:37.140 --> 03:39:38.220 SEC Chairperson Francisco Ed Lim: Madali ng registration. asr-004638 03:39:39.300 --> 03:39:42.900 SEC Chairperson Francisco Ed Lim: Nagbigay kami ng discounts for MSM East trying to register. asr-004639 03:39:42.900 --> 03:39:46.500 SEC Chairperson Francisco Ed Lim: Kung pupunta sila sa capital market, 20% discount yan. asr-004640 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. asr-004641 03:39:52.580 --> 03:39:58.700 SEC Chairperson Francisco Ed Lim: Ngayon, napansin namin na bumibilis na yung registration namin, Mr. Senator. asr-004642 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. asr-004643 03:40:04.900 --> 03:40:07.120 SEC Chairperson Francisco Ed Lim: Mahirap sila mag-umpisa ng negosyo. asr-004644 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 asr-004645 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. asr-004646 03:40:15.000 --> 03:40:16.480 SEC Chairperson Francisco Ed Lim: So, may proposal ako. asr-004647 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, asr-004648 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. asr-004649 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. asr-004650 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, asr-004651 03:40:43.960 --> 03:40:45.500 SEC Chairperson Francisco Ed Lim: that's not only asr-004652 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. asr-004653 03:40:50.540 --> 03:40:55.340 SEC Chairperson Francisco Ed Lim: Ako, isang practitioner ho, bago ako naging SEC chairman. asr-004654 03:40:55.340 --> 03:40:59.060 SEC Chairperson Francisco Ed Lim: Ang hirap talaga magsaraan ng negosyo. asr-004655 03:40:59.060 --> 03:41:02.140 SEC Chairperson Francisco Ed Lim: Meron kang exemption sa tax liabilities, di ba? asr-004656 03:41:02.140 --> 03:41:05.140 SEC Chairperson Francisco Ed Lim: Dapat bayaran mo yan, certificate, ano. asr-004657 03:41:05.140 --> 03:41:09.140 SEC Chairperson Francisco Ed Lim: So, we will go there. asr-004658 03:41:09.140 --> 03:41:14.940 SEC Chairperson Francisco Ed Lim: But ang priority namin is how to get more businesses asr-004659 03:41:14.940 --> 03:41:16.940 SEC Chairperson Francisco Ed Lim: into the economy. asr-004660 03:41:16.940 --> 03:41:20.940 SEC Chairperson Francisco Ed Lim: Ngayon sa financial statements, isang problema ito ng maliliit. asr-004661 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. asr-004662 03:41:27.940 --> 03:41:30.940 SEC Chairperson Francisco Ed Lim: And we all know na magbabayad ka sa auditor. asr-004663 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. asr-004664 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. asr-004665 03:41:41.940 --> 03:41:44.780 SEC Chairperson Francisco Ed Lim: A statement of management responsibility. asr-004666 03:41:44.780 --> 03:41:47.780 SEC Chairperson Francisco Ed Lim: At totoo, tama yung figure nila would be enough. asr-004667 03:41:47.780 --> 03:41:49.780 SEC Chairperson Francisco Ed Lim: So, yun. asr-004668 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. asr-004669 03:41:55.780 --> 03:41:58.780 SEC Chairperson Francisco Ed Lim: That's the usual way of closing business. asr-004670 03:41:58.780 --> 03:42:01.780 SEC Chairperson Francisco Ed Lim: Sina-shorten nyo lang. asr-004671 03:42:01.780 --> 03:42:04.780 SEC Chairperson Francisco Ed Lim: Meron kaming mandali na yung pag-close. asr-004672 03:42:04.780 --> 03:42:08.780 SEC Chairperson Francisco Ed Lim: Because we have a deemed-approved policy for simple transactions. asr-004673 03:42:08.780 --> 03:42:12.780 SEC Chairperson Francisco Ed Lim: And we got this from the EODB law. asr-004674 03:42:12.780 --> 03:42:14.780 SEC Chairperson Francisco Ed Lim: Simple transactions, 3 days. asr-004675 03:42:14.780 --> 03:42:16.780 SEC Chairperson Francisco Ed Lim: Moderate transactions, 7 days. asr-004676 03:42:16.780 --> 03:42:19.780 SEC Chairperson Francisco Ed Lim: And complex transactions, 20 days. asr-004677 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, asr-004678 03:42:23.780 --> 03:42:27.780 SEC Chairperson Francisco Ed Lim: compliant yung company, deemed-approved yung closing business. asr-004679 03:42:27.780 --> 03:42:30.780 SEC Chairperson Francisco Ed Lim: That's what I can commit, Mr. Chairman. asr-004680 03:42:30.780 --> 03:42:32.780 Senator Christopher Lawrence T. Go: Salamat, Chairperson Francis Lim. asr-004681 03:42:32.780 --> 03:42:34.780 Senator Christopher Lawrence T. Go: Baka pakisilip lang po nito. asr-004682 03:42:34.780 --> 03:42:38.780 Senator Christopher Lawrence T. Go: Lalong-lalo na yung mga maliliit na negosyante. asr-004683 03:42:38.780 --> 03:42:40.780 Senator Christopher Lawrence T. Go: Yun lang po narinig ko sa baba. asr-004684 03:42:40.780 --> 03:42:41.780 Senator Christopher Lawrence T. Go: Mareklamo nila. asr-004685 03:42:41.780 --> 03:42:42.780 Senator Christopher Lawrence T. Go: Yung mga kiosk. asr-004686 03:42:42.780 --> 03:42:43.780 Senator Christopher Lawrence T. Go: Yung mga maliliit. asr-004687 03:42:43.780 --> 03:42:45.780 Senator Christopher Lawrence T. Go: Maliliit na nagtitinda dyan. asr-004688 03:42:45.780 --> 03:42:51.780 Senator Christopher Lawrence T. Go: Aside from sa SEC na matagal yung proseso na pagsara nila, asr-004689 03:42:51.780 --> 03:42:53.780 Senator Christopher Lawrence T. Go: o pagre-retire ng business nila, asr-004690 03:42:53.780 --> 03:42:58.780 Senator Christopher Lawrence T. Go: yung mga business permits pupunta sila sa... asr-004691 03:42:58.780 --> 03:42:59.780 Senator Christopher Lawrence T. Go: LGU. asr-004692 03:42:59.780 --> 03:43:00.780 Senator Christopher Lawrence T. Go: LGU. asr-004693 03:43:00.780 --> 03:43:02.780 Senator Christopher Lawrence T. Go: Baka pwede nyo rin pong makausap, Secretary Goh. asr-004694 03:43:02.780 --> 03:43:04.780 Senator Christopher Lawrence T. Go: Iyan naman ang gusto nyo. asr-004695 03:43:04.780 --> 03:43:06.780 Senator Christopher Lawrence T. Go: Streamline processes. asr-004696 03:43:06.780 --> 03:43:07.780 Senator Christopher Lawrence T. Go: Pag-apply. asr-004697 03:43:07.780 --> 03:43:08.780 Senator Christopher Lawrence T. Go: Ito nang pagsara. asr-004698 03:43:08.780 --> 03:43:09.780 Senator Christopher Lawrence T. Go: Pakicheck nyo naman po. asr-004699 03:43:09.780 --> 03:43:12.780 Senator Christopher Lawrence T. Go: Baring makausap nyo rin po ang mga LGU. asr-004700 03:43:12.780 --> 03:43:15.780 Senator Christopher Lawrence T. Go: Under naman po sa inyo yung BLGF, diba? asr-004701 03:43:15.780 --> 03:43:16.780 Senator Christopher Lawrence T. Go: Yung mga treasurer. asr-004702 03:43:16.780 --> 03:43:19.780 Senator Christopher Lawrence T. Go: Maaring dadaan nyo sa kanila rin po. asr-004703 03:43:19.780 --> 03:43:20.780 Senator Christopher Lawrence T. Go: Pakisilip na lang po ito. asr-004704 03:43:20.780 --> 03:43:22.780 Senator Christopher Lawrence T. Go: Yun po ang mga reklamo ng mga maliliit na negosyante. asr-004705 03:43:22.780 --> 03:43:24.780 Senator Christopher Lawrence T. Go: Nalugi na nga sila. asr-004706 03:43:24.780 --> 03:43:30.780 Senator Christopher Lawrence T. Go: Pahirapan pa silang magsara ng kanilang negosyo, Secretary Goh. asr-004707 03:43:30.780 --> 03:43:34.780 Senator Christopher Lawrence T. Go: Malaking tulong po ito sa kanila. asr-004708 03:43:34.780 --> 03:43:39.780 Senator Christopher Lawrence T. Go: Anyway, medyo gusto na po mag-wind up ng ating chairperson. asr-004709 03:43:39.780 --> 03:43:40.780 Senator Christopher Lawrence T. Go: Sabi ko nga sa inyo. asr-004710 03:43:40.780 --> 03:43:41.780 Senator Christopher Lawrence T. Go: Full support po ako sa inyo. asr-004711 03:43:41.780 --> 03:43:47.780 Senator Christopher Lawrence T. Go: With the able leadership ng ating Secretary Frederick Goh ng Finance. asr-004712 03:43:47.780 --> 03:43:50.780 Senator Christopher Lawrence T. Go: Ako po'y naniniwala na you are in good hands. asr-004713 03:43:50.780 --> 03:43:56.780 Senator Christopher Lawrence T. Go: Aside from being a Goh also, Secretary Goh. asr-004714 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. asr-004715 03:44:02.780 --> 03:44:04.780 Senator Christopher Lawrence T. Go: Pero last na lang ito. asr-004716 03:44:04.780 --> 03:44:05.780 Senator Christopher Lawrence T. Go: Malaking bagay po ito. asr-004717 03:44:05.780 --> 03:44:10.780 Senator Christopher Lawrence T. Go: It will leave a mark po sa Pilipinas. asr-004718 03:44:10.780 --> 03:44:11.780 Senator Christopher Lawrence T. Go: Sa Pilipino. asr-004719 03:44:11.780 --> 03:44:13.780 Senator Christopher Lawrence T. Go: Lalong-lalo na sa mga negosyante. asr-004720 03:44:13.780 --> 03:44:15.780 Senator Christopher Lawrence T. Go: I'm sure marami kang kaibigan na negosyante. asr-004721 03:44:15.780 --> 03:44:16.780 Senator Christopher Lawrence T. Go: Nakasama mo noon. asr-004722 03:44:16.780 --> 03:44:18.780 Senator Christopher Lawrence T. Go: Bago ka pumasok sa gobyerno. asr-004723 03:44:18.780 --> 03:44:20.780 Senator Christopher Lawrence T. Go: Malaking tulong po ito. asr-004724 03:44:20.780 --> 03:44:21.780 Senator Christopher Lawrence T. Go: Maraming nagre-reklamo. asr-004725 03:44:21.780 --> 03:44:23.780 Senator Christopher Lawrence T. Go: And I'm sure maraming nagre-reklamo sa iyo neto. asr-004726 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? asr-004727 03:44:31.780 --> 03:44:34.780 Senator Christopher Lawrence T. Go: Sabi mo noon, pinatigil mo na itong LOA. asr-004728 03:44:34.780 --> 03:44:38.780 Senator Christopher Lawrence T. Go: At wala na po bang nagagamit na mga abuses asr-004729 03:44:38.780 --> 03:44:40.780 Senator Christopher Lawrence T. Go: using the LOA? asr-004730 03:44:40.780 --> 03:44:45.780 Senator Christopher Lawrence T. Go: Wala na bang nahaharas na mga negosyante using the LOA? asr-004731 03:44:45.780 --> 03:44:48.780 Senator Christopher Lawrence T. Go: You may answer, Commissioner. asr-004732 03:44:48.780 --> 03:44:51.780 Senator Christopher Lawrence T. Go: And after Commissioner, you may answer also, Secretary Fredrik Goh. asr-004733 03:44:51.780 --> 03:44:55.780 Senator Christopher Lawrence T. Go: Since kayo po ang nagpa-stop nitong LOA. asr-004734 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? asr-004735 03:45:00.000 --> 03:45:03.160 Senator Joseph Victor "JV" G. Ejercito: that were instituted asr-004736 03:45:03.160 --> 03:45:04.440 Senator Joseph Victor "JV" G. Ejercito: by when you took over asr-004737 03:45:04.440 --> 03:45:05.160 Senator Joseph Victor "JV" G. Ejercito: kasi nung ano to asr-004738 03:45:05.160 --> 03:45:05.780 Senator Joseph Victor "JV" G. Ejercito: Senator Bongo asr-004739 03:45:05.780 --> 03:45:07.140 Senator Joseph Victor "JV" G. Ejercito: when I think asr-004740 03:45:07.140 --> 03:45:07.760 Senator Joseph Victor "JV" G. Ejercito: he was the one asr-004741 03:45:07.760 --> 03:45:08.440 Senator Joseph Victor "JV" G. Ejercito: who brought this up asr-004742 03:45:08.440 --> 03:45:08.980 Senator Joseph Victor "JV" G. Ejercito: in the floor asr-004743 03:45:08.980 --> 03:45:10.780 Senator Joseph Victor "JV" G. Ejercito: kaupo lamang asr-004744 03:45:10.780 --> 03:45:11.860 Senator Joseph Victor "JV" G. Ejercito: ni Commissioner Charlie asr-004745 03:45:11.860 --> 03:45:12.580 Senator Joseph Victor "JV" G. Ejercito: Ito Mendoza asr-004746 03:45:12.580 --> 03:45:13.720 Senator Joseph Victor "JV" G. Ejercito: nung tungkol dito asr-004747 03:45:13.720 --> 03:45:14.700 Senator Joseph Victor "JV" G. Ejercito: sa weaponizing asr-004748 03:45:14.700 --> 03:45:17.580 Senator Joseph Victor "JV" G. Ejercito: the letters of authority asr-004749 03:45:17.580 --> 03:45:18.460 Senator Joseph Victor "JV" G. Ejercito: paggamit ng asr-004750 03:45:18.460 --> 03:45:20.020 Senator Joseph Victor "JV" G. Ejercito: ng loa asr-004751 03:45:20.020 --> 03:45:20.960 Senator Joseph Victor "JV" G. Ejercito: para asr-004752 03:45:20.960 --> 03:45:21.980 Senator Joseph Victor "JV" G. Ejercito: pangikil asr-004753 03:45:21.980 --> 03:45:23.020 Senator Joseph Victor "JV" G. Ejercito: at pang-aabuso asr-004754 03:45:23.020 --> 03:45:23.860 Senator Joseph Victor "JV" G. Ejercito: so siguro asr-004755 03:45:23.860 --> 03:45:25.320 Senator Joseph Victor "JV" G. Ejercito: siguro quickly asr-004756 03:45:25.320 --> 03:45:26.680 Senator Joseph Victor "JV" G. Ejercito: isama mo nyo na rin asr-004757 03:45:26.680 --> 03:45:27.540 Senator Joseph Victor "JV" G. Ejercito: isama ko na asr-004758 03:45:27.540 --> 03:45:28.180 Senator Joseph Victor "JV" G. Ejercito: with your indulgence asr-004759 03:45:28.180 --> 03:45:28.860 Senator Joseph Victor "JV" G. Ejercito: Senator Bongo asr-004760 03:45:28.860 --> 03:45:30.260 Senator Joseph Victor "JV" G. Ejercito: yung pang-reforms asr-004761 03:45:30.260 --> 03:45:30.740 Senator Joseph Victor "JV" G. Ejercito: saka yung ano asr-004762 03:45:30.740 --> 03:45:31.460 Senator Joseph Victor "JV" G. Ejercito: yung mga asr-004763 03:45:31.460 --> 03:45:34.140 Senator Joseph Victor "JV" G. Ejercito: ano nangyari asr-004764 03:45:34.140 --> 03:45:34.540 Senator Joseph Victor "JV" G. Ejercito: doon sa asr-004765 03:45:34.540 --> 03:45:35.580 Senator Joseph Victor "JV" G. Ejercito: memorandum asr-004766 03:45:35.580 --> 03:45:36.400 Senator Joseph Victor "JV" G. Ejercito: that was issued asr-004767 03:45:36.400 --> 03:45:37.380 Senator Joseph Victor "JV" G. Ejercito: para asr-004768 03:45:37.380 --> 03:45:38.980 Senator Joseph Victor "JV" G. Ejercito: at least asr-004769 03:45:38.980 --> 03:45:40.100 Senator Joseph Victor "JV" G. Ejercito: pwede ba ito asr-004770 03:45:40.100 --> 03:45:40.680 Senator Joseph Victor "JV" G. Ejercito: ma-verify asr-004771 03:45:40.680 --> 03:45:41.640 Senator Joseph Victor "JV" G. Ejercito: through electronic asr-004772 03:45:41.640 --> 03:45:42.100 Senator Joseph Victor "JV" G. Ejercito: mga ganon asr-004773 03:45:42.100 --> 03:45:42.380 Senator Joseph Victor "JV" G. Ejercito: siguro asr-004774 03:45:42.380 --> 03:45:42.860 Senator Joseph Victor "JV" G. Ejercito: yung reforms asr-004775 03:45:42.860 --> 03:45:43.440 Senator Joseph Victor "JV" G. Ejercito: probably asr-004776 03:45:43.440 --> 03:45:44.200 Senator Joseph Victor "JV" G. Ejercito: Commissioner asr-004777 03:45:44.200 --> 03:45:45.240 Senator Joseph Victor "JV" G. Ejercito: I would like to find out asr-004778 03:45:45.240 --> 03:45:46.120 Senator Joseph Victor "JV" G. Ejercito: as Chairman of Finance asr-004779 03:45:46.120 --> 03:45:47.120 Senator Joseph Victor "JV" G. Ejercito: what reforms asr-004780 03:45:47.120 --> 03:45:47.700 Senator Joseph Victor "JV" G. Ejercito: were already asr-004781 03:45:47.700 --> 03:45:49.180 Senator Joseph Victor "JV" G. Ejercito: instituted by your asr-004782 03:45:49.180 --> 03:45:50.460 Senator Joseph Victor "JV" G. Ejercito: under your organization asr-004783 03:45:50.460 --> 03:45:54.000 BIR Commissioner Charlito Martin R. Mendoza: Maaalalam nyo nga po asr-004784 03:45:54.000 --> 03:45:54.880 BIR Commissioner Charlito Martin R. Mendoza: noong November asr-004785 03:45:54.880 --> 03:45:55.980 BIR Commissioner Charlito Martin R. Mendoza: mid-November asr-004786 03:45:55.980 --> 03:45:57.160 BIR Commissioner Charlito Martin R. Mendoza: sinuspindi po natin asr-004787 03:45:57.160 --> 03:45:58.160 BIR Commissioner Charlito Martin R. Mendoza: ang asr-004788 03:45:58.160 --> 03:45:59.240 BIR Commissioner Charlito Martin R. Mendoza: audits asr-004789 03:45:59.240 --> 03:46:00.880 BIR Commissioner Charlito Martin R. Mendoza: sapagkat asr-004790 03:46:00.880 --> 03:46:02.240 BIR Commissioner Charlito Martin R. Mendoza: napakaraming reklamo asr-004791 03:46:02.240 --> 03:46:02.840 BIR Commissioner Charlito Martin R. Mendoza: na nirais asr-004792 03:46:02.840 --> 03:46:03.400 BIR Commissioner Charlito Martin R. Mendoza: ng ating mga asr-004793 03:46:03.400 --> 03:46:04.420 BIR Commissioner Charlito Martin R. Mendoza: taxpayers noon asr-004794 03:46:04.420 --> 03:46:05.640 BIR Commissioner Charlito Martin R. Mendoza: we suspended asr-004795 03:46:05.640 --> 03:46:06.420 BIR Commissioner Charlito Martin R. Mendoza: the audit asr-004796 03:46:06.420 --> 03:46:07.240 BIR Commissioner Charlito Martin R. Mendoza: for two months asr-004797 03:46:07.240 --> 03:46:08.360 BIR Commissioner Charlito Martin R. Mendoza: and over asr-004798 03:46:08.360 --> 03:46:09.460 BIR Commissioner Charlito Martin R. Mendoza: those two months po asr-004799 03:46:09.460 --> 03:46:10.340 BIR Commissioner Charlito Martin R. Mendoza: sa panahon na yun asr-004800 03:46:10.340 --> 03:46:11.160 BIR Commissioner Charlito Martin R. Mendoza: tinignan natin asr-004801 03:46:11.160 --> 03:46:12.040 BIR Commissioner Charlito Martin R. Mendoza: yung mga proseso asr-004802 03:46:12.040 --> 03:46:13.260 BIR Commissioner Charlito Martin R. Mendoza: inanalyze natin asr-004803 03:46:13.260 --> 03:46:14.120 BIR Commissioner Charlito Martin R. Mendoza: in-evaluate natin asr-004804 03:46:14.120 --> 03:46:14.780 BIR Commissioner Charlito Martin R. Mendoza: tinignan natin asr-004805 03:46:14.780 --> 03:46:15.120 BIR Commissioner Charlito Martin R. Mendoza: kung saan asr-004806 03:46:15.120 --> 03:46:15.340 BIR Commissioner Charlito Martin R. Mendoza: ang mga asr-004807 03:46:15.340 --> 03:46:16.240 BIR Commissioner Charlito Martin R. Mendoza: loopholes asr-004808 03:46:16.240 --> 03:46:17.320 BIR Commissioner Charlito Martin R. Mendoza: ano yung mga areas na asr-004809 03:46:17.320 --> 03:46:19.000 BIR Commissioner Charlito Martin R. Mendoza: potential areas asr-004810 03:46:19.000 --> 03:46:19.740 BIR Commissioner Charlito Martin R. Mendoza: for abuse asr-004811 03:46:19.740 --> 03:46:21.860 BIR Commissioner Charlito Martin R. Mendoza: at during that period din po asr-004812 03:46:21.860 --> 03:46:22.760 BIR Commissioner Charlito Martin R. Mendoza: umiko tayo asr-004813 03:46:22.760 --> 03:46:23.600 BIR Commissioner Charlito Martin R. Mendoza: kinausap natin asr-004814 03:46:23.600 --> 03:46:24.100 BIR Commissioner Charlito Martin R. Mendoza: ang ating mga asr-004815 03:46:24.100 --> 03:46:24.700 BIR Commissioner Charlito Martin R. Mendoza: stakeholders asr-004816 03:46:24.700 --> 03:46:25.820 BIR Commissioner Charlito Martin R. Mendoza: ang ating mga asr-004817 03:46:25.820 --> 03:46:26.940 BIR Commissioner Charlito Martin R. Mendoza: business organizations asr-004818 03:46:26.940 --> 03:46:28.000 BIR Commissioner Charlito Martin R. Mendoza: even the Chambers of Commerce asr-004819 03:46:28.160 --> 03:46:30.280 BIR Commissioner Charlito Martin R. Mendoza: at hiningi po natin asr-004820 03:46:30.280 --> 03:46:31.360 BIR Commissioner Charlito Martin R. Mendoza: ang kanila mga komento asr-004821 03:46:31.360 --> 03:46:33.060 BIR Commissioner Charlito Martin R. Mendoza: kung papaano po asr-004822 03:46:33.060 --> 03:46:34.820 BIR Commissioner Charlito Martin R. Mendoza: isolve itong problema na ito asr-004823 03:46:34.820 --> 03:46:36.220 BIR Commissioner Charlito Martin R. Mendoza: so noon pong asr-004824 03:46:36.220 --> 03:46:36.800 BIR Commissioner Charlito Martin R. Mendoza: January asr-004825 03:46:36.800 --> 03:46:38.000 BIR Commissioner Charlito Martin R. Mendoza: naglabas po tayo asr-004826 03:46:38.000 --> 03:46:39.440 BIR Commissioner Charlito Martin R. Mendoza: ng Revenue Memorandum Order asr-004827 03:46:39.440 --> 03:46:41.000 BIR Commissioner Charlito Martin R. Mendoza: providing for asr-004828 03:46:41.000 --> 03:46:43.420 BIR Commissioner Charlito Martin R. Mendoza: new audit guidelines asr-004829 03:46:43.420 --> 03:46:44.180 BIR Commissioner Charlito Martin R. Mendoza: at asr-004830 03:46:44.180 --> 03:46:45.460 BIR Commissioner Charlito Martin R. Mendoza: lately po asr-004831 03:46:45.460 --> 03:46:46.280 BIR Commissioner Charlito Martin R. Mendoza: naglabas po tayo asr-004832 03:46:46.280 --> 03:46:47.100 BIR Commissioner Charlito Martin R. Mendoza: ng panibagong asr-004833 03:46:47.100 --> 03:46:48.340 BIR Commissioner Charlito Martin R. Mendoza: audit manual asr-004834 03:46:48.340 --> 03:46:49.560 BIR Commissioner Charlito Martin R. Mendoza: audit program asr-004835 03:46:49.560 --> 03:46:51.280 BIR Commissioner Charlito Martin R. Mendoza: further asr-004836 03:46:51.280 --> 03:46:53.540 BIR Commissioner Charlito Martin R. Mendoza: refining asr-004837 03:46:53.540 --> 03:46:55.420 BIR Commissioner Charlito Martin R. Mendoza: itong ating asr-004838 03:46:55.420 --> 03:46:56.740 BIR Commissioner Charlito Martin R. Mendoza: panibagong proseso asr-004839 03:46:56.740 --> 03:46:57.640 BIR Commissioner Charlito Martin R. Mendoza: sa pag-audit asr-004840 03:46:57.640 --> 03:46:58.120 BIR Commissioner Charlito Martin R. Mendoza: and asr-004841 03:46:58.160 --> 03:46:58.880 BIR Commissioner Charlito Martin R. Mendoza: and I can say po asr-004842 03:46:58.880 --> 03:46:59.960 BIR Commissioner Charlito Martin R. Mendoza: that we have introduced asr-004843 03:46:59.960 --> 03:47:01.520 BIR Commissioner Charlito Martin R. Mendoza: substantial reforms asr-004844 03:47:01.520 --> 03:47:03.080 BIR Commissioner Charlito Martin R. Mendoza: and compassing reforms asr-004845 03:47:03.080 --> 03:47:03.960 BIR Commissioner Charlito Martin R. Mendoza: this year asr-004846 03:47:03.960 --> 03:47:05.740 BIR Commissioner Charlito Martin R. Mendoza: so ano po yung mga features asr-004847 03:47:05.740 --> 03:47:06.400 BIR Commissioner Charlito Martin R. Mendoza: ng ating asr-004848 03:47:06.400 --> 03:47:08.100 BIR Commissioner Charlito Martin R. Mendoza: audit reforms asr-004849 03:47:08.100 --> 03:47:08.620 BIR Commissioner Charlito Martin R. Mendoza: unang una po asr-004850 03:47:08.620 --> 03:47:11.400 Senator Joseph Victor "JV" G. Ejercito: just interject before asr-004851 03:47:11.400 --> 03:47:13.300 Senator Joseph Victor "JV" G. Ejercito: do you still allow asr-004852 03:47:13.300 --> 03:47:14.020 Senator Joseph Victor "JV" G. Ejercito: multiple asr-004853 03:47:14.020 --> 03:47:14.960 Senator Joseph Victor "JV" G. Ejercito: loas asr-004854 03:47:14.960 --> 03:47:15.560 Senator Joseph Victor "JV" G. Ejercito: in a year? asr-004855 03:47:15.900 --> 03:47:16.440 Senator Joseph Victor "JV" G. Ejercito: wala na po yan asr-004856 03:47:16.440 --> 03:47:17.480 Senator Joseph Victor "JV" G. Ejercito: yan kasi ano eh no asr-004857 03:47:17.480 --> 03:47:18.760 Senator Joseph Victor "JV" G. Ejercito: doon kasi naging abuso asr-004858 03:47:18.760 --> 03:47:19.540 Senator Joseph Victor "JV" G. Ejercito: yung maraming asr-004859 03:47:19.540 --> 03:47:20.960 Senator Joseph Victor "JV" G. Ejercito: nabigyan na asr-004860 03:47:20.960 --> 03:47:22.360 Senator Joseph Victor "JV" G. Ejercito: tapos meron pa asr-004861 03:47:22.360 --> 03:47:23.300 Senator Joseph Victor "JV" G. Ejercito: paulit-ulit pa asr-004862 03:47:23.300 --> 03:47:24.020 Senator Joseph Victor "JV" G. Ejercito: so siguro asr-004863 03:47:24.020 --> 03:47:25.680 Senator Joseph Victor "JV" G. Ejercito: makapakidagdag na rin din po ito asr-004864 03:47:25.680 --> 03:47:26.040 Senator Joseph Victor "JV" G. Ejercito: kung asr-004865 03:47:26.040 --> 03:47:27.500 Senator Joseph Victor "JV" G. Ejercito: ano man ang ginawa nyo rito asr-004866 03:47:27.500 --> 03:47:28.000 Senator Joseph Victor "JV" G. Ejercito: ah asr-004867 03:47:28.000 --> 03:47:29.180 BIR Commissioner Charlito Martin R. Mendoza: maaalala ko po asr-004868 03:47:29.180 --> 03:47:30.240 BIR Commissioner Charlito Martin R. Mendoza: noong mga panahon na asr-004869 03:47:30.240 --> 03:47:31.080 BIR Commissioner Charlito Martin R. Mendoza: nagkamaroon pa nga ng asr-004870 03:47:31.080 --> 03:47:32.540 BIR Commissioner Charlito Martin R. Mendoza: Senate Blue Ribbon Committee Hearing asr-004871 03:47:32.540 --> 03:47:34.440 BIR Commissioner Charlito Martin R. Mendoza: yan ho ang unang-unang reklamo asr-004872 03:47:34.440 --> 03:47:35.840 BIR Commissioner Charlito Martin R. Mendoza: na ang isang taxpayer asr-004873 03:47:35.840 --> 03:47:37.180 BIR Commissioner Charlito Martin R. Mendoza: ay maaaring ma-audit asr-004874 03:47:37.180 --> 03:47:38.140 BIR Commissioner Charlito Martin R. Mendoza: multiple times asr-004875 03:47:38.140 --> 03:47:39.880 BIR Commissioner Charlito Martin R. Mendoza: for the same taxable year asr-004876 03:47:39.880 --> 03:47:40.900 BIR Commissioner Charlito Martin R. Mendoza: it was because asr-004877 03:47:40.900 --> 03:47:41.560 BIR Commissioner Charlito Martin R. Mendoza: meron ho tayong asr-004878 03:47:41.560 --> 03:47:42.780 BIR Commissioner Charlito Martin R. Mendoza: separate VAT audit asr-004879 03:47:42.780 --> 03:47:43.780 BIR Commissioner Charlito Martin R. Mendoza: during that asr-004880 03:47:43.780 --> 03:47:44.360 BIR Commissioner Charlito Martin R. Mendoza: previously asr-004881 03:47:44.360 --> 03:47:44.800 BIR Commissioner Charlito Martin R. Mendoza: meron asr-004882 03:47:44.800 --> 03:47:45.940 BIR Commissioner Charlito Martin R. Mendoza: ma-audit ka ng asr-004883 03:47:45.940 --> 03:47:46.640 BIR Commissioner Charlito Martin R. Mendoza: first SEM asr-004884 03:47:46.640 --> 03:47:47.420 BIR Commissioner Charlito Martin R. Mendoza: sa VAT asr-004885 03:47:47.420 --> 03:47:48.240 BIR Commissioner Charlito Martin R. Mendoza: ma-audit ka ng asr-004886 03:47:48.240 --> 03:47:49.260 BIR Commissioner Charlito Martin R. Mendoza: second SEM sa VAT asr-004887 03:47:49.260 --> 03:47:50.820 BIR Commissioner Charlito Martin R. Mendoza: and then the following year asr-004888 03:47:50.820 --> 03:47:51.800 BIR Commissioner Charlito Martin R. Mendoza: pag-file mo ng asr-004889 03:47:51.800 --> 03:47:52.780 BIR Commissioner Charlito Martin R. Mendoza: income tax return mo asr-004890 03:47:52.780 --> 03:47:53.400 BIR Commissioner Charlito Martin R. Mendoza: the following year asr-004891 03:47:53.400 --> 03:47:54.440 BIR Commissioner Charlito Martin R. Mendoza: ma-audit ka na naman asr-004892 03:47:54.440 --> 03:47:55.600 BIR Commissioner Charlito Martin R. Mendoza: for all other asr-004893 03:47:55.600 --> 03:47:57.700 BIR Commissioner Charlito Martin R. Mendoza: types of taxes asr-004894 03:47:57.700 --> 03:47:58.540 BIR Commissioner Charlito Martin R. Mendoza: so sa makatawid asr-004895 03:47:58.540 --> 03:47:59.260 BIR Commissioner Charlito Martin R. Mendoza: sa isang taon asr-004896 03:47:59.260 --> 03:48:00.560 BIR Commissioner Charlito Martin R. Mendoza: same taxable year asr-004897 03:48:00.560 --> 03:48:02.000 BIR Commissioner Charlito Martin R. Mendoza: maaari kang ma-audit asr-004898 03:48:02.000 --> 03:48:02.880 BIR Commissioner Charlito Martin R. Mendoza: ng tatlong beses asr-004899 03:48:02.880 --> 03:48:03.460 BIR Commissioner Charlito Martin R. Mendoza: at yung po ay asr-004900 03:48:03.460 --> 03:48:04.380 BIR Commissioner Charlito Martin R. Mendoza: napakabigat asr-004901 03:48:04.380 --> 03:48:05.040 BIR Commissioner Charlito Martin R. Mendoza: at napakahira asr-004902 03:48:05.040 --> 03:48:06.260 BIR Commissioner Charlito Martin R. Mendoza: para sa ating mga taxpayers asr-004903 03:48:06.260 --> 03:48:07.860 BIR Commissioner Charlito Martin R. Mendoza: so ang ginawa po natin asr-004904 03:48:07.860 --> 03:48:09.460 BIR Commissioner Charlito Martin R. Mendoza: is inalist na po natin yan asr-004905 03:48:09.460 --> 03:48:11.160 BIR Commissioner Charlito Martin R. Mendoza: inabolish na po natin yan asr-004906 03:48:11.160 --> 03:48:12.100 BIR Commissioner Charlito Martin R. Mendoza: simula ngayong taon asr-004907 03:48:12.100 --> 03:48:13.420 BIR Commissioner Charlito Martin R. Mendoza: we have shifted asr-004908 03:48:13.420 --> 03:48:14.660 BIR Commissioner Charlito Martin R. Mendoza: to a single instance asr-004909 03:48:14.660 --> 03:48:15.520 BIR Commissioner Charlito Martin R. Mendoza: audit framework asr-004910 03:48:15.520 --> 03:48:16.440 BIR Commissioner Charlito Martin R. Mendoza: meaning to say asr-004911 03:48:16.440 --> 03:48:17.220 BIR Commissioner Charlito Martin R. Mendoza: na wala na pong asr-004912 03:48:17.220 --> 03:48:18.200 BIR Commissioner Charlito Martin R. Mendoza: separate audit asr-004913 03:48:18.200 --> 03:48:18.960 BIR Commissioner Charlito Martin R. Mendoza: sa VAT asr-004914 03:48:18.960 --> 03:48:20.560 BIR Commissioner Charlito Martin R. Mendoza: isang beses ka na lang asr-004915 03:48:20.560 --> 03:48:21.340 BIR Commissioner Charlito Martin R. Mendoza: pong ma-audit asr-004916 03:48:21.340 --> 03:48:23.160 BIR Commissioner Charlito Martin R. Mendoza: for a given taxable year asr-004917 03:48:23.160 --> 03:48:24.060 BIR Commissioner Charlito Martin R. Mendoza: starting this year asr-004918 03:48:24.060 --> 03:48:24.780 BIR Commissioner Charlito Martin R. Mendoza: at ito po ay asr-004919 03:48:24.780 --> 03:48:25.940 BIR Commissioner Charlito Martin R. Mendoza: i-encompass na asr-004920 03:48:25.940 --> 03:48:26.960 BIR Commissioner Charlito Martin R. Mendoza: lahat ng asr-004921 03:48:26.960 --> 03:48:27.580 BIR Commissioner Charlito Martin R. Mendoza: all types asr-004922 03:48:27.580 --> 03:48:28.160 BIR Commissioner Charlito Martin R. Mendoza: of taxes asr-004923 03:48:28.160 --> 03:48:29.040 BIR Commissioner Charlito Martin R. Mendoza: including asr-004924 03:48:29.040 --> 03:48:29.920 BIR Commissioner Charlito Martin R. Mendoza: VAT asr-004925 03:48:29.920 --> 03:48:31.160 BIR Commissioner Charlito Martin R. Mendoza: at to asr-004926 03:48:31.160 --> 03:48:32.460 BIR Commissioner Charlito Martin R. Mendoza: implement that asr-004927 03:48:32.460 --> 03:48:34.220 BIR Commissioner Charlito Martin R. Mendoza: inabolish ko na po namin asr-004928 03:48:34.220 --> 03:48:35.200 BIR Commissioner Charlito Martin R. Mendoza: inalist na po namin asr-004929 03:48:35.200 --> 03:48:35.840 BIR Commissioner Charlito Martin R. Mendoza: ang mga VAT asr-004930 03:48:35.840 --> 03:48:36.620 BIR Commissioner Charlito Martin R. Mendoza: audit units asr-004931 03:48:36.620 --> 03:48:37.240 BIR Commissioner Charlito Martin R. Mendoza: ng BIR asr-004932 03:48:37.240 --> 03:48:38.460 BIR Commissioner Charlito Martin R. Mendoza: wala na po tayong asr-004933 03:48:38.460 --> 03:48:39.380 BIR Commissioner Charlito Martin R. Mendoza: VAT audit units asr-004934 03:48:39.380 --> 03:48:39.940 BIR Commissioner Charlito Martin R. Mendoza: ng BIR asr-004935 03:48:39.940 --> 03:48:41.220 BIR Commissioner Charlito Martin R. Mendoza: kaya't hindi na po sila asr-004936 03:48:41.220 --> 03:48:41.780 BIR Commissioner Charlito Martin R. Mendoza: magkakamero asr-004937 03:48:41.780 --> 03:48:43.140 BIR Commissioner Charlito Martin R. Mendoza: ng separate VAT audit asr-004938 03:48:43.140 --> 03:48:45.120 BIR Commissioner Charlito Martin R. Mendoza: isang beses na lamang po sila asr-004939 03:48:45.120 --> 03:48:46.500 BIR Commissioner Charlito Martin R. Mendoza: starting this taxable year asr-004940 03:48:46.500 --> 03:48:47.280 BIR Commissioner Charlito Martin R. Mendoza: ma-audit asr-004941 03:48:47.280 --> 03:48:48.040 BIR Commissioner Charlito Martin R. Mendoza: yan po ang una asr-004942 03:48:48.040 --> 03:48:48.740 BIR Commissioner Charlito Martin R. Mendoza: pangalawa po asr-004943 03:48:48.740 --> 03:48:50.140 BIR Commissioner Charlito Martin R. Mendoza: naging concern din yung asr-004944 03:48:50.140 --> 03:48:51.440 BIR Commissioner Charlito Martin R. Mendoza: palagi akong na-audit asr-004945 03:48:51.440 --> 03:48:53.600 BIR Commissioner Charlito Martin R. Mendoza: before po kasi asr-004946 03:48:53.600 --> 03:48:54.880 BIR Commissioner Charlito Martin R. Mendoza: delegated natin asr-004947 03:48:54.880 --> 03:48:55.460 BIR Commissioner Charlito Martin R. Mendoza: sa ating mga asr-004948 03:48:55.460 --> 03:48:56.680 BIR Commissioner Charlito Martin R. Mendoza: regional directors asr-004949 03:48:56.680 --> 03:48:57.420 BIR Commissioner Charlito Martin R. Mendoza: yung pag-i-issue asr-004950 03:48:57.420 --> 03:48:57.560 BIR Commissioner Charlito Martin R. Mendoza: yung mga asr-004951 03:48:57.580 --> 03:48:59.360 BIR Commissioner Charlito Martin R. Mendoza: letters of authority asr-004952 03:48:59.360 --> 03:49:01.980 BIR Commissioner Charlito Martin R. Mendoza: for priority audit cases asr-004953 03:49:01.980 --> 03:49:03.180 BIR Commissioner Charlito Martin R. Mendoza: ngayon po asr-004954 03:49:03.180 --> 03:49:03.920 BIR Commissioner Charlito Martin R. Mendoza: we have shifted asr-004955 03:49:03.920 --> 03:49:04.620 BIR Commissioner Charlito Martin R. Mendoza: to a asr-004956 03:49:04.620 --> 03:49:05.980 BIR Commissioner Charlito Martin R. Mendoza: system-assisted asr-004957 03:49:05.980 --> 03:49:07.300 BIR Commissioner Charlito Martin R. Mendoza: risk-based audit asr-004958 03:49:07.300 --> 03:49:08.860 BIR Commissioner Charlito Martin R. Mendoza: pagdating po sa mga asr-004959 03:49:08.860 --> 03:49:09.900 BIR Commissioner Charlito Martin R. Mendoza: priority audits asr-004960 03:49:09.900 --> 03:49:11.140 BIR Commissioner Charlito Martin R. Mendoza: hindi na po nang gagaling asr-004961 03:49:11.140 --> 03:49:12.260 BIR Commissioner Charlito Martin R. Mendoza: sa mga regional directors asr-004962 03:49:12.260 --> 03:49:12.920 BIR Commissioner Charlito Martin R. Mendoza: ang pagpili asr-004963 03:49:12.920 --> 03:49:14.040 BIR Commissioner Charlito Martin R. Mendoza: ng mga taxpayers asr-004964 03:49:14.040 --> 03:49:14.580 BIR Commissioner Charlito Martin R. Mendoza: na i-audit asr-004965 03:49:15.240 --> 03:49:16.140 BIR Commissioner Charlito Martin R. Mendoza: meron po tayong asr-004966 03:49:16.140 --> 03:49:16.980 BIR Commissioner Charlito Martin R. Mendoza: isang system asr-004967 03:49:16.980 --> 03:49:18.220 BIR Commissioner Charlito Martin R. Mendoza: na kung tawagin natin asr-004968 03:49:18.220 --> 03:49:19.340 BIR Commissioner Charlito Martin R. Mendoza: as data warehouse asr-004969 03:49:19.340 --> 03:49:20.480 BIR Commissioner Charlito Martin R. Mendoza: nandun po lahat asr-004970 03:49:20.480 --> 03:49:20.820 BIR Commissioner Charlito Martin R. Mendoza: ng mga asr-004971 03:49:20.820 --> 03:49:21.900 BIR Commissioner Charlito Martin R. Mendoza: tax returns asr-004972 03:49:21.900 --> 03:49:23.060 BIR Commissioner Charlito Martin R. Mendoza: na fila ng mga taxpayers asr-004973 03:49:23.060 --> 03:49:24.580 BIR Commissioner Charlito Martin R. Mendoza: even yung other asr-004974 03:49:24.580 --> 03:49:25.680 BIR Commissioner Charlito Martin R. Mendoza: accompanying documents asr-004975 03:49:25.680 --> 03:49:26.580 BIR Commissioner Charlito Martin R. Mendoza: audited financial statements asr-004976 03:49:26.580 --> 03:49:27.420 BIR Commissioner Charlito Martin R. Mendoza: to the asr-004977 03:49:27.420 --> 03:49:28.860 BIR Commissioner Charlito Martin R. Mendoza: so naglagay po tayo asr-004978 03:49:28.860 --> 03:49:29.680 BIR Commissioner Charlito Martin R. Mendoza: ng mga parameters asr-004979 03:49:29.680 --> 03:49:30.040 BIR Commissioner Charlito Martin R. Mendoza: dun asr-004980 03:49:30.040 --> 03:49:31.300 BIR Commissioner Charlito Martin R. Mendoza: sa tulong ng ating asr-004981 03:49:31.300 --> 03:49:32.380 BIR Commissioner Charlito Martin R. Mendoza: mga IT asr-004982 03:49:32.380 --> 03:49:33.660 BIR Commissioner Charlito Martin R. Mendoza: personnel asr-004983 03:49:33.660 --> 03:49:34.820 BIR Commissioner Charlito Martin R. Mendoza: so ngayon po asr-004984 03:49:34.820 --> 03:49:35.640 BIR Commissioner Charlito Martin R. Mendoza: yun na pong machine asr-004985 03:49:35.640 --> 03:49:36.480 BIR Commissioner Charlito Martin R. Mendoza: ang nagsasabi asr-004986 03:49:36.480 --> 03:49:37.940 BIR Commissioner Charlito Martin R. Mendoza: kung sino ang i-audit asr-004987 03:49:37.940 --> 03:49:39.540 BIR Commissioner Charlito Martin R. Mendoza: based doon sa parameters asr-004988 03:49:39.540 --> 03:49:40.600 BIR Commissioner Charlito Martin R. Mendoza: na naka-embed asr-004989 03:49:40.600 --> 03:49:41.480 BIR Commissioner Charlito Martin R. Mendoza: na po sa system asr-004990 03:49:41.480 --> 03:49:42.580 BIR Commissioner Charlito Martin R. Mendoza: so diyan po asr-004991 03:49:42.580 --> 03:49:43.380 BIR Commissioner Charlito Martin R. Mendoza: hindi na po tayo asr-004992 03:49:43.380 --> 03:49:44.020 BIR Commissioner Charlito Martin R. Mendoza: namimili asr-004993 03:49:44.020 --> 03:49:45.300 BIR Commissioner Charlito Martin R. Mendoza: wala na tayong asr-004994 03:49:45.300 --> 03:49:46.480 BIR Commissioner Charlito Martin R. Mendoza: discretion sa pagpili asr-004995 03:49:46.480 --> 03:49:47.780 BIR Commissioner Charlito Martin R. Mendoza: kung ikaw po asr-004996 03:49:47.780 --> 03:49:48.460 BIR Commissioner Charlito Martin R. Mendoza: ay mapili asr-004997 03:49:48.460 --> 03:49:49.660 BIR Commissioner Charlito Martin R. Mendoza: ng system for audit asr-004998 03:49:49.660 --> 03:49:50.380 BIR Commissioner Charlito Martin R. Mendoza: ibig sabihin no asr-004999 03:49:50.380 --> 03:49:51.320 BIR Commissioner Charlito Martin R. Mendoza: may problema talaga asr-005000 03:49:51.320 --> 03:49:52.680 BIR Commissioner Charlito Martin R. Mendoza: pero palagi ko naman asr-005001 03:49:52.680 --> 03:49:53.560 BIR Commissioner Charlito Martin R. Mendoza: hong sinasabi na asr-005002 03:49:53.560 --> 03:49:54.380 BIR Commissioner Charlito Martin R. Mendoza: yun hong asr-005003 03:49:54.380 --> 03:49:55.380 BIR Commissioner Charlito Martin R. Mendoza: letter of authority asr-005004 03:49:55.380 --> 03:49:56.360 BIR Commissioner Charlito Martin R. Mendoza: is not a conclusion asr-005005 03:49:56.360 --> 03:49:57.200 BIR Commissioner Charlito Martin R. Mendoza: of liability asr-005006 03:49:57.420 --> 03:49:58.280 BIR Commissioner Charlito Martin R. Mendoza: at that point asr-005007 03:49:58.280 --> 03:49:59.280 BIR Commissioner Charlito Martin R. Mendoza: wala pa pong assessment asr-005008 03:49:59.280 --> 03:50:00.660 BIR Commissioner Charlito Martin R. Mendoza: ang sinasabi lang po asr-005009 03:50:00.660 --> 03:50:01.700 BIR Commissioner Charlito Martin R. Mendoza: sa letter of authority asr-005010 03:50:01.700 --> 03:50:03.440 BIR Commissioner Charlito Martin R. Mendoza: mag-submit ka ng documents asr-005011 03:50:03.440 --> 03:50:04.480 BIR Commissioner Charlito Martin R. Mendoza: nakita kasi namin asr-005012 03:50:04.480 --> 03:50:05.500 BIR Commissioner Charlito Martin R. Mendoza: initially may red flag asr-005013 03:50:05.500 --> 03:50:06.520 BIR Commissioner Charlito Martin R. Mendoza: mag-submit ka ng documents asr-005014 03:50:06.520 --> 03:50:07.580 BIR Commissioner Charlito Martin R. Mendoza: and then we will see asr-005015 03:50:07.580 --> 03:50:08.580 BIR Commissioner Charlito Martin R. Mendoza: titignan natin asr-005016 03:50:08.580 --> 03:50:10.240 BIR Commissioner Charlito Martin R. Mendoza: kung meron ba talagang problema asr-005017 03:50:10.240 --> 03:50:11.640 BIR Commissioner Charlito Martin R. Mendoza: sapagkat in many instances asr-005018 03:50:11.640 --> 03:50:12.140 BIR Commissioner Charlito Martin R. Mendoza: naman po asr-005019 03:50:12.140 --> 03:50:13.540 BIR Commissioner Charlito Martin R. Mendoza: na-issuehan ng letter of authority asr-005020 03:50:13.540 --> 03:50:15.120 BIR Commissioner Charlito Martin R. Mendoza: pero na-terminate ang audit asr-005021 03:50:15.120 --> 03:50:16.700 BIR Commissioner Charlito Martin R. Mendoza: dahil wala namang nakitang asr-005022 03:50:16.700 --> 03:50:18.660 BIR Commissioner Charlito Martin R. Mendoza: deficiency sa kanyang tax payments asr-005023 03:50:18.660 --> 03:50:20.440 BIR Commissioner Charlito Martin R. Mendoza: another reform po asr-005024 03:50:20.440 --> 03:50:21.280 BIR Commissioner Charlito Martin R. Mendoza: that we have introduced asr-005025 03:50:21.280 --> 03:50:21.720 BIR Commissioner Charlito Martin R. Mendoza: this year asr-005026 03:50:21.720 --> 03:50:23.320 BIR Commissioner Charlito Martin R. Mendoza: is the anonymized case assignment asr-005027 03:50:23.320 --> 03:50:24.580 BIR Commissioner Charlito Martin R. Mendoza: palagi hong asr-005028 03:50:24.580 --> 03:50:26.120 BIR Commissioner Charlito Martin R. Mendoza: nagiging reklamo dati na asr-005029 03:50:26.120 --> 03:50:27.400 BIR Commissioner Charlito Martin R. Mendoza: suki-suki asr-005030 03:50:27.420 --> 03:50:29.300 BIR Commissioner Charlito Martin R. Mendoza: itong examiner na ito asr-005031 03:50:29.300 --> 03:50:30.060 BIR Commissioner Charlito Martin R. Mendoza: alam na niya asr-005032 03:50:30.060 --> 03:50:30.900 BIR Commissioner Charlito Martin R. Mendoza: nasa araw na ito asr-005033 03:50:30.900 --> 03:50:32.880 BIR Commissioner Charlito Martin R. Mendoza: darating itong examiner na ito asr-005034 03:50:32.880 --> 03:50:33.760 BIR Commissioner Charlito Martin R. Mendoza: para i-audit siya asr-005035 03:50:33.760 --> 03:50:35.120 BIR Commissioner Charlito Martin R. Mendoza: so nagkakamaroon ng familiarity asr-005036 03:50:35.120 --> 03:50:36.440 BIR Commissioner Charlito Martin R. Mendoza: nagiging cost po asr-005037 03:50:36.440 --> 03:50:37.400 BIR Commissioner Charlito Martin R. Mendoza: and potential area asr-005038 03:50:37.400 --> 03:50:38.580 BIR Commissioner Charlito Martin R. Mendoza: for abuse asr-005039 03:50:38.580 --> 03:50:39.700 BIR Commissioner Charlito Martin R. Mendoza: and corruption asr-005040 03:50:39.700 --> 03:50:40.480 BIR Commissioner Charlito Martin R. Mendoza: so ngayon ho asr-005041 03:50:40.480 --> 03:50:41.980 BIR Commissioner Charlito Martin R. Mendoza: pag in-assign po natin asr-005042 03:50:41.980 --> 03:50:43.180 BIR Commissioner Charlito Martin R. Mendoza: ang isang audit case asr-005043 03:50:43.180 --> 03:50:43.740 BIR Commissioner Charlito Martin R. Mendoza: sa region asr-005044 03:50:43.740 --> 03:50:44.820 BIR Commissioner Charlito Martin R. Mendoza: anonymized po yun asr-005045 03:50:44.820 --> 03:50:46.100 BIR Commissioner Charlito Martin R. Mendoza: hindi po nila alam asr-005046 03:50:46.100 --> 03:50:46.900 BIR Commissioner Charlito Martin R. Mendoza: kung ano ang pangalan asr-005047 03:50:46.900 --> 03:50:47.520 BIR Commissioner Charlito Martin R. Mendoza: ng taxpayers asr-005048 03:50:47.520 --> 03:50:48.840 BIR Commissioner Charlito Martin R. Mendoza: malalaman lang nila asr-005049 03:50:48.840 --> 03:50:50.300 BIR Commissioner Charlito Martin R. Mendoza: kapag na-assign na sa examiner asr-005050 03:50:50.300 --> 03:50:51.940 BIR Commissioner Charlito Martin R. Mendoza: at saka sa group supervisor asr-005051 03:50:51.940 --> 03:50:53.400 BIR Commissioner Charlito Martin R. Mendoza: may mga birthing pain asr-005052 03:50:53.400 --> 03:50:54.360 BIR Commissioner Charlito Martin R. Mendoza: lang po kami dyan talaga asr-005053 03:50:54.360 --> 03:50:55.480 BIR Commissioner Charlito Martin R. Mendoza: since bagong system asr-005054 03:50:55.480 --> 03:50:56.960 BIR Commissioner Charlito Martin R. Mendoza: kaya mapapansin nyo ho asr-005055 03:50:56.960 --> 03:50:57.260 BIR Commissioner Charlito Martin R. Mendoza: this year asr-005056 03:50:57.420 --> 03:50:58.740 BIR Commissioner Charlito Martin R. Mendoza: talagang medyo na-delay asr-005057 03:50:58.740 --> 03:50:59.620 BIR Commissioner Charlito Martin R. Mendoza: yung pag-deploy namin asr-005058 03:50:59.620 --> 03:51:00.560 BIR Commissioner Charlito Martin R. Mendoza: ng letters of authority asr-005059 03:51:00.560 --> 03:51:01.800 BIR Commissioner Charlito Martin R. Mendoza: because of all these reforms asr-005060 03:51:01.800 --> 03:51:03.280 BIR Commissioner Charlito Martin R. Mendoza: that we have been doing asr-005061 03:51:03.280 --> 03:51:04.440 BIR Commissioner Charlito Martin R. Mendoza: pangatlo asr-005062 03:51:04.440 --> 03:51:05.320 BIR Commissioner Charlito Martin R. Mendoza: pang-apat po asr-005063 03:51:05.320 --> 03:51:06.520 BIR Commissioner Charlito Martin R. Mendoza: meron tayong asr-005064 03:51:06.520 --> 03:51:07.100 BIR Commissioner Charlito Martin R. Mendoza: of course asr-005065 03:51:07.100 --> 03:51:08.840 BIR Commissioner Charlito Martin R. Mendoza: meron tayong discrepancy discussion asr-005066 03:51:08.840 --> 03:51:10.440 BIR Commissioner Charlito Martin R. Mendoza: kapag nakita asr-005067 03:51:10.440 --> 03:51:11.300 BIR Commissioner Charlito Martin R. Mendoza: ng examiner asr-005068 03:51:11.300 --> 03:51:12.180 BIR Commissioner Charlito Martin R. Mendoza: na may kulang asr-005069 03:51:12.180 --> 03:51:13.100 BIR Commissioner Charlito Martin R. Mendoza: kasa binayaran buwis asr-005070 03:51:13.100 --> 03:51:13.620 BIR Commissioner Charlito Martin R. Mendoza: hindi naman nuka asr-005071 03:51:13.620 --> 03:51:14.380 BIR Commissioner Charlito Martin R. Mendoza: agad-agad ito asr-005072 03:51:14.380 --> 03:51:15.280 BIR Commissioner Charlito Martin R. Mendoza: na-i-issuehan ng asr-005073 03:51:15.280 --> 03:51:16.160 BIR Commissioner Charlito Martin R. Mendoza: assessment notice asr-005074 03:51:16.160 --> 03:51:17.840 BIR Commissioner Charlito Martin R. Mendoza: mag-uusap po muna sila asr-005075 03:51:17.840 --> 03:51:18.480 BIR Commissioner Charlito Martin R. Mendoza: uuupo sila asr-005076 03:51:18.480 --> 03:51:19.120 BIR Commissioner Charlito Martin R. Mendoza: with the taxpayers asr-005077 03:51:19.120 --> 03:51:20.280 BIR Commissioner Charlito Martin R. Mendoza: and the taxpayer is given asr-005078 03:51:20.280 --> 03:51:21.280 BIR Commissioner Charlito Martin R. Mendoza: the chance to explain asr-005079 03:51:21.280 --> 03:51:22.220 BIR Commissioner Charlito Martin R. Mendoza: kung bakit ito asr-005080 03:51:22.220 --> 03:51:23.140 BIR Commissioner Charlito Martin R. Mendoza: ang findings namin asr-005081 03:51:23.140 --> 03:51:24.440 BIR Commissioner Charlito Martin R. Mendoza: at yan po ay recorded asr-005082 03:51:24.440 --> 03:51:25.800 BIR Commissioner Charlito Martin R. Mendoza: may minutes of meeting po asr-005083 03:51:25.800 --> 03:51:26.640 BIR Commissioner Charlito Martin R. Mendoza: and then asr-005084 03:51:26.640 --> 03:51:27.560 BIR Commissioner Charlito Martin R. Mendoza: na-raise din po asr-005085 03:51:27.560 --> 03:51:28.260 BIR Commissioner Charlito Martin R. Mendoza: nung question na yun asr-005086 03:51:28.260 --> 03:51:29.580 BIR Commissioner Charlito Martin R. Mendoza: na especially asr-005087 03:51:29.580 --> 03:51:30.720 BIR Commissioner Charlito Martin R. Mendoza: in remote areas asr-005088 03:51:30.720 --> 03:51:32.100 BIR Commissioner Charlito Martin R. Mendoza: pupunta yung tao asr-005089 03:51:32.100 --> 03:51:33.100 BIR Commissioner Charlito Martin R. Mendoza: sa taxpayer asr-005090 03:51:33.100 --> 03:51:34.200 BIR Commissioner Charlito Martin R. Mendoza: at may daladalang asr-005091 03:51:34.200 --> 03:51:34.900 BIR Commissioner Charlito Martin R. Mendoza: purportedly asr-005092 03:51:34.900 --> 03:51:36.260 BIR Commissioner Charlito Martin R. Mendoza: letter of authority asr-005093 03:51:36.260 --> 03:51:37.380 BIR Commissioner Charlito Martin R. Mendoza: so hindi alam asr-005094 03:51:37.380 --> 03:51:38.000 BIR Commissioner Charlito Martin R. Mendoza: nung taxpayer asr-005095 03:51:38.000 --> 03:51:38.820 BIR Commissioner Charlito Martin R. Mendoza: kung ito ba talaga asr-005096 03:51:38.820 --> 03:51:39.860 BIR Commissioner Charlito Martin R. Mendoza: i-legitimate na letter asr-005097 03:51:39.860 --> 03:51:40.540 BIR Commissioner Charlito Martin R. Mendoza: of authority asr-005098 03:51:40.540 --> 03:51:41.440 BIR Commissioner Charlito Martin R. Mendoza: malayo naman asr-005099 03:51:41.440 --> 03:51:42.540 BIR Commissioner Charlito Martin R. Mendoza: ng opisina ng RDO asr-005100 03:51:42.540 --> 03:51:43.220 BIR Commissioner Charlito Martin R. Mendoza: to verify asr-005101 03:51:43.220 --> 03:51:44.740 BIR Commissioner Charlito Martin R. Mendoza: kaya po early this year asr-005102 03:51:44.740 --> 03:51:45.760 BIR Commissioner Charlito Martin R. Mendoza: gumawa po tayo asr-005103 03:51:45.760 --> 03:51:46.340 BIR Commissioner Charlito Martin R. Mendoza: ng system asr-005104 03:51:46.340 --> 03:51:47.440 BIR Commissioner Charlito Martin R. Mendoza: yung ating tinatawag asr-005105 03:51:47.440 --> 03:51:49.180 BIR Commissioner Charlito Martin R. Mendoza: na LOA verifier asr-005106 03:51:49.180 --> 03:51:50.360 BIR Commissioner Charlito Martin R. Mendoza: na available ho asr-005107 03:51:50.360 --> 03:51:51.220 BIR Commissioner Charlito Martin R. Mendoza: sa website namin asr-005108 03:51:51.220 --> 03:51:52.620 BIR Commissioner Charlito Martin R. Mendoza: i-input lang po nila asr-005109 03:51:52.620 --> 03:51:53.160 BIR Commissioner Charlito Martin R. Mendoza: ang pangal asr-005110 03:51:53.160 --> 03:51:55.080 BIR Commissioner Charlito Martin R. Mendoza: ang tax identification number asr-005111 03:51:55.080 --> 03:51:56.520 BIR Commissioner Charlito Martin R. Mendoza: masasabihin po asr-005112 03:51:56.520 --> 03:51:56.620 BIR Commissioner Charlito Martin R. Mendoza: ngayon asr-005113 03:51:56.620 --> 03:51:57.060 BIR Commissioner Charlito Martin R. Mendoza: ng system asr-005114 03:51:57.060 --> 03:51:59.260 BIR Commissioner Charlito Martin R. Mendoza: kung legitimate ho asr-005115 03:51:59.260 --> 03:52:00.300 BIR Commissioner Charlito Martin R. Mendoza: yung letter of authority asr-005116 03:52:00.300 --> 03:52:01.720 BIR Commissioner Charlito Martin R. Mendoza: na in-issue ng DIR asr-005117 03:52:01.720 --> 03:52:02.920 BIR Commissioner Charlito Martin R. Mendoza: so ilan po ito asr-005118 03:52:02.920 --> 03:52:03.660 BIR Commissioner Charlito Martin R. Mendoza: sa mga reforms asr-005119 03:52:03.660 --> 03:52:04.640 BIR Commissioner Charlito Martin R. Mendoza: significant reforms asr-005120 03:52:04.640 --> 03:52:05.400 BIR Commissioner Charlito Martin R. Mendoza: na ginawa natin asr-005121 03:52:05.400 --> 03:52:06.320 BIR Commissioner Charlito Martin R. Mendoza: but patuloy po natin asr-005122 03:52:06.320 --> 03:52:07.920 BIR Commissioner Charlito Martin R. Mendoza: tinututukan itong area na ito asr-005123 03:52:07.920 --> 03:52:09.060 BIR Commissioner Charlito Martin R. Mendoza: sapagkat palagi nga po asr-005124 03:52:09.060 --> 03:52:09.860 BIR Commissioner Charlito Martin R. Mendoza: ang cost ng friction asr-005125 03:52:09.860 --> 03:52:10.780 BIR Commissioner Charlito Martin R. Mendoza: with our taxpayers asr-005126 03:52:10.780 --> 03:52:11.820 BIR Commissioner Charlito Martin R. Mendoza: and we continue asr-005127 03:52:11.820 --> 03:52:12.780 BIR Commissioner Charlito Martin R. Mendoza: to address this concern asr-005128 03:52:12.780 --> 03:52:14.300 BIR Commissioner Charlito Martin R. Mendoza: and you can rest assured po asr-005129 03:52:14.300 --> 03:52:15.160 BIR Commissioner Charlito Martin R. Mendoza: Mr. Chair asr-005130 03:52:15.160 --> 03:52:16.180 BIR Commissioner Charlito Martin R. Mendoza: na patuloy po namin asr-005131 03:52:16.180 --> 03:52:17.160 BIR Commissioner Charlito Martin R. Mendoza: tinututukan ito asr-005132 03:52:17.160 --> 03:52:18.180 BIR Commissioner Charlito Martin R. Mendoza: at ina-address po namin asr-005133 03:52:18.180 --> 03:52:19.300 BIR Commissioner Charlito Martin R. Mendoza: ang mga concerns asr-005134 03:52:19.300 --> 03:52:20.260 BIR Commissioner Charlito Martin R. Mendoza: ng ating mga taxpayers asr-005135 03:52:20.260 --> 03:52:21.180 BIR Commissioner Charlito Martin R. Mendoza: maraming salamat po asr-005136 03:52:21.180 --> 03:52:22.260 Senator Christopher Lawrence T. Go: salamat asr-005137 03:52:22.260 --> 03:52:23.500 Senator Christopher Lawrence T. Go: Commissioner Mendoza asr-005138 03:52:23.500 --> 03:52:24.620 Senator Christopher Lawrence T. Go: ah asr-005139 03:52:24.620 --> 03:52:24.940 Senator Christopher Lawrence T. Go: ah asr-005140 03:52:24.940 --> 03:52:26.600 Senator Christopher Lawrence T. Go: ah asr-005141 03:52:26.620 --> 03:52:27.060 Senator Christopher Lawrence T. Go: , asr-005142 03:52:27.060 --> 03:52:27.620 Senator Christopher Lawrence T. Go: hindi ko ba'y naniniwala asr-005143 03:52:27.620 --> 03:52:28.200 Senator Christopher Lawrence T. Go: na asr-005144 03:52:28.200 --> 03:52:29.540 Senator Christopher Lawrence T. Go: wala nang asr-005145 03:52:29.540 --> 03:52:30.980 Senator Christopher Lawrence T. Go: abuso asr-005146 03:52:30.980 --> 03:52:32.140 Senator Christopher Lawrence T. Go: ngayon na nangyayari asr-005147 03:52:32.140 --> 03:52:33.280 Senator Christopher Lawrence T. Go: ginagamit yung asr-005148 03:52:33.280 --> 03:52:33.940 Senator Christopher Lawrence T. Go: LOA asr-005149 03:52:33.940 --> 03:52:35.140 BIR Commissioner Charlito Martin R. Mendoza: palagay ko po asr-005150 03:52:35.140 --> 03:52:36.120 BIR Commissioner Charlito Martin R. Mendoza: meron pa rin po yan asr-005151 03:52:36.120 --> 03:52:36.940 BIR Commissioner Charlito Martin R. Mendoza: ah asr-005152 03:52:36.940 --> 03:52:37.920 BIR Commissioner Charlito Martin R. Mendoza: hindi ko po masasabi asr-005153 03:52:37.920 --> 03:52:38.740 BIR Commissioner Charlito Martin R. Mendoza: 100% asr-005154 03:52:38.740 --> 03:52:39.860 BIR Commissioner Charlito Martin R. Mendoza: na wala na pong nangyayaring asr-005155 03:52:39.860 --> 03:52:40.580 BIR Commissioner Charlito Martin R. Mendoza: pang-aabuso asr-005156 03:52:40.580 --> 03:52:41.760 BIR Commissioner Charlito Martin R. Mendoza: sa palagay ko ho asr-005157 03:52:41.760 --> 03:52:42.800 BIR Commissioner Charlito Martin R. Mendoza: nangyayari pa rin yan asr-005158 03:52:42.800 --> 03:52:44.160 BIR Commissioner Charlito Martin R. Mendoza: but on our part ho asr-005159 03:52:44.160 --> 03:52:44.860 BIR Commissioner Charlito Martin R. Mendoza: hindi po natin asr-005160 03:52:44.860 --> 03:52:45.800 BIR Commissioner Charlito Martin R. Mendoza: tinutolerate yan asr-005161 03:52:45.800 --> 03:52:46.380 BIR Commissioner Charlito Martin R. Mendoza: kaya nga po asr-005162 03:52:46.380 --> 03:52:47.380 BIR Commissioner Charlito Martin R. Mendoza: ini-encourage natin asr-005163 03:52:47.380 --> 03:52:48.580 BIR Commissioner Charlito Martin R. Mendoza: yung mga taxpayers natin asr-005164 03:52:48.580 --> 03:52:50.240 BIR Commissioner Charlito Martin R. Mendoza: na kung mayroon silang reklamo asr-005165 03:52:50.240 --> 03:52:51.120 BIR Commissioner Charlito Martin R. Mendoza: iparating sa amin asr-005166 03:52:51.120 --> 03:52:52.240 BIR Commissioner Charlito Martin R. Mendoza: iparating mismo sa akin asr-005167 03:52:52.240 --> 03:52:53.120 BIR Commissioner Charlito Martin R. Mendoza: at yan naman po asr-005168 03:52:53.120 --> 03:52:54.440 BIR Commissioner Charlito Martin R. Mendoza: ay agad na aaksyonan natin asr-005169 03:52:54.440 --> 03:52:55.360 BIR Commissioner Charlito Martin R. Mendoza: in the same way asr-005170 03:52:55.360 --> 03:52:56.540 BIR Commissioner Charlito Martin R. Mendoza: na mga previous complaints asr-005171 03:52:56.540 --> 03:52:57.420 BIR Commissioner Charlito Martin R. Mendoza: ay kagad po natin asr-005172 03:52:57.420 --> 03:52:58.320 BIR Commissioner Charlito Martin R. Mendoza: inaksyonan asr-005173 03:52:58.320 --> 03:52:59.380 Senator Christopher Lawrence T. Go: Salamat po asr-005174 03:52:59.380 --> 03:53:00.280 Senator Christopher Lawrence T. Go: please lang po asr-005175 03:53:00.280 --> 03:53:01.620 Senator Christopher Lawrence T. Go: yan lang po pakiusap ko asr-005176 03:53:01.620 --> 03:53:02.200 Senator Christopher Lawrence T. Go: sa inyo asr-005177 03:53:02.200 --> 03:53:03.540 Senator Christopher Lawrence T. Go: Secretary Frederick Go asr-005178 03:53:03.540 --> 03:53:06.540 Senator Christopher Lawrence T. Go: Commissioner Ariel Nepomuceno asr-005179 03:53:06.540 --> 03:53:07.420 Senator Christopher Lawrence T. Go: Commissioner asr-005180 03:53:07.420 --> 03:53:09.180 Senator Christopher Lawrence T. Go: Charlito asr-005181 03:53:09.180 --> 03:53:10.480 Senator Christopher Lawrence T. Go: Martin Mendoza asr-005182 03:53:10.480 --> 03:53:11.980 Senator Christopher Lawrence T. Go: alam nyo asr-005183 03:53:11.980 --> 03:53:12.780 Senator Christopher Lawrence T. Go: yung Pilipino asr-005184 03:53:12.780 --> 03:53:14.980 Senator Christopher Lawrence T. Go: pag nakarinig sila asr-005185 03:53:14.980 --> 03:53:15.700 Senator Christopher Lawrence T. Go: ng BIR asr-005186 03:53:15.700 --> 03:53:16.320 Senator Christopher Lawrence T. Go: o asr-005187 03:53:16.320 --> 03:53:17.140 Senator Christopher Lawrence T. Go: customs asr-005188 03:53:17.140 --> 03:53:18.180 Senator Christopher Lawrence T. Go: noon no asr-005189 03:53:18.180 --> 03:53:19.480 Senator Christopher Lawrence T. Go: yun ang nagiging asr-005190 03:53:19.480 --> 03:53:20.540 Senator Christopher Lawrence T. Go: maalala nila asr-005191 03:53:20.540 --> 03:53:22.100 Senator Christopher Lawrence T. Go: nagiging allergic sila asr-005192 03:53:22.100 --> 03:53:23.920 Senator Christopher Lawrence T. Go: pag BIR na po asr-005193 03:53:23.920 --> 03:53:25.280 Senator Christopher Lawrence T. Go: kung gusto nyo pong asr-005194 03:53:25.280 --> 03:53:25.340 Senator Christopher Lawrence T. Go: makikita asr-005195 03:53:25.340 --> 03:53:26.640 Senator Christopher Lawrence T. Go: maalala kayo ng Pilipino asr-005196 03:53:26.640 --> 03:53:27.100 Senator Christopher Lawrence T. Go: especially asr-005197 03:53:27.100 --> 03:53:28.600 Senator Christopher Lawrence T. Go: Secretary Frederick Go asr-005198 03:53:28.600 --> 03:53:30.640 Senator Christopher Lawrence T. Go: you leave a mark asr-005199 03:53:30.640 --> 03:53:32.720 Senator Christopher Lawrence T. Go: sa utak ng asr-005200 03:53:32.720 --> 03:53:33.340 Senator Christopher Lawrence T. Go: Pilipino asr-005201 03:53:33.880 --> 03:53:34.620 Senator Christopher Lawrence T. Go: at hindi ka nila asr-005202 03:53:34.620 --> 03:53:35.440 Senator Christopher Lawrence T. Go: malilimutan asr-005203 03:53:35.440 --> 03:53:36.660 Senator Christopher Lawrence T. Go: tanggalin nyo po asr-005204 03:53:36.660 --> 03:53:37.280 Senator Christopher Lawrence T. Go: yung corruption asr-005205 03:53:37.280 --> 03:53:38.260 Senator Christopher Lawrence T. Go: sa gobyerno asr-005206 03:53:38.260 --> 03:53:38.940 Senator Christopher Lawrence T. Go: tanggalin nyo po asr-005207 03:53:38.940 --> 03:53:39.440 Senator Christopher Lawrence T. Go: yung corruption asr-005208 03:53:39.440 --> 03:53:40.100 Senator Christopher Lawrence T. Go: sa BIR asr-005209 03:53:40.100 --> 03:53:41.160 Senator Christopher Lawrence T. Go: tanggalin nyo po asr-005210 03:53:41.160 --> 03:53:42.140 Senator Christopher Lawrence T. Go: yung corruption asr-005211 03:53:42.140 --> 03:53:43.140 Senator Christopher Lawrence T. Go: sa customs asr-005212 03:53:43.140 --> 03:53:44.200 Senator Christopher Lawrence T. Go: tanggalin nyo po asr-005213 03:53:44.200 --> 03:53:45.100 Senator Christopher Lawrence T. Go: yung lagay asr-005214 03:53:45.100 --> 03:53:46.460 Senator Christopher Lawrence T. Go: tanggalin nyo po asr-005215 03:53:46.460 --> 03:53:47.240 Senator Christopher Lawrence T. Go: yung areglo asr-005216 03:53:47.240 --> 03:53:48.300 Senator Christopher Lawrence T. Go: tanggalin nyo po asr-005217 03:53:48.300 --> 03:53:48.960 Senator Christopher Lawrence T. Go: yung corruption asr-005218 03:53:48.960 --> 03:53:50.360 Senator Christopher Lawrence T. Go: Salamat asr-005219 03:53:50.360 --> 03:53:52.160 Senator Christopher Lawrence T. Go: Secretary Go asr-005220 03:53:52.160 --> 03:53:53.660 Senator Joseph Victor "JV" G. Ejercito: Sigur, dagdaga ko na lang asr-005221 03:53:55.340 --> 03:53:57.260 Senator Joseph Victor "JV" G. Ejercito: were there any asr-005222 03:53:57.260 --> 03:53:58.460 Senator Joseph Victor "JV" G. Ejercito: BIR employees asr-005223 03:53:58.460 --> 03:53:59.660 Senator Joseph Victor "JV" G. Ejercito: that have been investigated asr-005224 03:53:59.660 --> 03:54:01.100 Senator Joseph Victor "JV" G. Ejercito: dahil dito sa pang-aabuso asr-005225 03:54:01.100 --> 03:54:01.400 Senator Joseph Victor "JV" G. Ejercito: ng asr-005226 03:54:01.400 --> 03:54:03.860 Senator Joseph Victor "JV" G. Ejercito: letter of authority? asr-005227 03:54:04.500 --> 03:54:04.940 BIR Commissioner Charlito Martin R. Mendoza: Marami po asr-005228 03:54:04.940 --> 03:54:05.780 BIR Commissioner Charlito Martin R. Mendoza: marami po tayong asr-005229 03:54:05.780 --> 03:54:06.820 BIR Commissioner Charlito Martin R. Mendoza: ongoing investigations asr-005230 03:54:06.820 --> 03:54:08.400 BIR Commissioner Charlito Martin R. Mendoza: involving BIR personnel asr-005231 03:54:08.400 --> 03:54:10.020 BIR Commissioner Charlito Martin R. Mendoza: marami po asr-005232 03:54:10.020 --> 03:54:10.680 BIR Commissioner Charlito Martin R. Mendoza: ang undergoing asr-005233 03:54:10.680 --> 03:54:12.520 BIR Commissioner Charlito Martin R. Mendoza: preliminary evaluation asr-005234 03:54:12.520 --> 03:54:14.060 BIR Commissioner Charlito Martin R. Mendoza: at marami din po asr-005235 03:54:14.060 --> 03:54:14.780 BIR Commissioner Charlito Martin R. Mendoza: mas marami po asr-005236 03:54:14.780 --> 03:54:15.220 BIR Commissioner Charlito Martin R. Mendoza: yung may asr-005237 03:54:15.220 --> 03:54:16.620 BIR Commissioner Charlito Martin R. Mendoza: formal charge na asr-005238 03:54:16.620 --> 03:54:17.420 BIR Commissioner Charlito Martin R. Mendoza: and undergoing asr-005239 03:54:17.420 --> 03:54:18.000 BIR Commissioner Charlito Martin R. Mendoza: formal asr-005240 03:54:18.000 --> 03:54:19.760 BIR Commissioner Charlito Martin R. Mendoza: administrative investigation asr-005241 03:54:19.760 --> 03:54:21.020 BIR Commissioner Charlito Martin R. Mendoza: sa BIR po asr-005242 03:54:21.020 --> 03:54:22.100 Senator Joseph Victor "JV" G. Ejercito: Thank you asr-005243 03:54:22.100 --> 03:54:24.320 DOF Secretary Frederick D. Go: Mr. Chair asr-005244 03:54:24.320 --> 03:54:24.880 DOF Secretary Frederick D. Go: Your Honor asr-005245 03:54:24.880 --> 03:54:25.620 DOF Secretary Frederick D. Go: Yeah asr-005246 03:54:25.620 --> 03:54:27.660 DOF Secretary Frederick D. Go: I just wanted to asr-005247 03:54:27.660 --> 03:54:29.040 DOF Secretary Frederick D. Go: close the asr-005248 03:54:29.040 --> 03:54:31.140 DOF Secretary Frederick D. Go: discussion earlier asr-005249 03:54:31.140 --> 03:54:33.300 DOF Secretary Frederick D. Go: binanggit po ni asr-005250 03:54:33.300 --> 03:54:34.620 DOF Secretary Frederick D. Go: Senator Bongo asr-005251 03:54:34.620 --> 03:54:36.120 DOF Secretary Frederick D. Go: Tama po kayo asr-005252 03:54:36.120 --> 03:54:36.900 DOF Secretary Frederick D. Go: marami pong asr-005253 03:54:36.900 --> 03:54:38.440 DOF Secretary Frederick D. Go: kaibigan na negosyante asr-005254 03:54:38.440 --> 03:54:39.520 DOF Secretary Frederick D. Go: marami pong kilala asr-005255 03:54:39.520 --> 03:54:40.420 DOF Secretary Frederick D. Go: sa mundo ng asr-005256 03:54:40.420 --> 03:54:41.920 DOF Secretary Frederick D. Go: pagnenegosyo asr-005257 03:54:41.920 --> 03:54:44.020 DOF Secretary Frederick D. Go: Ang basehan ko na lang po asr-005258 03:54:44.020 --> 03:54:44.380 DOF Secretary Frederick D. Go: ay asr-005259 03:54:44.380 --> 03:54:46.000 DOF Secretary Frederick D. Go: ang volume asr-005260 03:54:46.000 --> 03:54:47.060 DOF Secretary Frederick D. Go: of complaints asr-005261 03:54:47.060 --> 03:54:47.760 DOF Secretary Frederick D. Go: I received asr-005262 03:54:47.760 --> 03:54:49.700 DOF Secretary Frederick D. Go: and I'm very asr-005263 03:54:49.700 --> 03:54:51.540 DOF Secretary Frederick D. Go: happy to tell you asr-005264 03:54:51.540 --> 03:54:53.020 DOF Secretary Frederick D. Go: to tell this committee asr-005265 03:54:53.020 --> 03:54:53.760 DOF Secretary Frederick D. Go: that actually asr-005266 03:54:53.760 --> 03:54:54.860 DOF Secretary Frederick D. Go: under the leadership asr-005267 03:54:54.880 --> 03:54:56.580 DOF Secretary Frederick D. Go: of Commissioner Mendoza asr-005268 03:54:56.580 --> 03:54:58.100 DOF Secretary Frederick D. Go: talagang bumaba po asr-005269 03:54:58.100 --> 03:54:59.380 DOF Secretary Frederick D. Go: ang number of asr-005270 03:54:59.380 --> 03:55:00.380 DOF Secretary Frederick D. Go: complaints asr-005271 03:55:00.380 --> 03:55:02.020 DOF Secretary Frederick D. Go: So sa tanong nyo po asr-005272 03:55:02.020 --> 03:55:02.660 DOF Secretary Frederick D. Go: kung meron pa asr-005273 03:55:02.660 --> 03:55:03.800 DOF Secretary Frederick D. Go: ang harassment asr-005274 03:55:03.800 --> 03:55:04.580 DOF Secretary Frederick D. Go: or meron pa ba asr-005275 03:55:04.580 --> 03:55:05.100 DOF Secretary Frederick D. Go: ang corruption asr-005276 03:55:05.100 --> 03:55:06.420 DOF Secretary Frederick D. Go: meron pa akong asr-005277 03:55:06.420 --> 03:55:07.300 DOF Secretary Frederick D. Go: natatanggap na asr-005278 03:55:07.300 --> 03:55:08.040 DOF Secretary Frederick D. Go: reklamo asr-005279 03:55:08.040 --> 03:55:09.420 DOF Secretary Frederick D. Go: pero talagang asr-005280 03:55:09.420 --> 03:55:10.880 DOF Secretary Frederick D. Go: bumaba ang asr-005281 03:55:10.880 --> 03:55:12.640 DOF Secretary Frederick D. Go: number of asr-005282 03:55:12.640 --> 03:55:13.800 DOF Secretary Frederick D. Go: complaints asr-005283 03:55:13.800 --> 03:55:15.220 DOF Secretary Frederick D. Go: na natatanggap ko po asr-005284 03:55:15.220 --> 03:55:17.580 DOF Secretary Frederick D. Go: I asr-005285 03:55:17.580 --> 03:55:18.180 DOF Secretary Frederick D. Go: I asr-005286 03:55:18.180 --> 03:55:19.520 DOF Secretary Frederick D. Go: understand where asr-005287 03:55:19.520 --> 03:55:20.360 DOF Secretary Frederick D. Go: you're coming from asr-005288 03:55:20.360 --> 03:55:20.760 DOF Secretary Frederick D. Go: Your Honor asr-005289 03:55:20.760 --> 03:55:21.660 DOF Secretary Frederick D. Go: kasi I know you're asr-005290 03:55:21.660 --> 03:55:22.940 DOF Secretary Frederick D. Go: an advocate of the ease asr-005291 03:55:22.940 --> 03:55:23.900 DOF Secretary Frederick D. Go: of doing business asr-005292 03:55:23.900 --> 03:55:24.860 DOF Secretary Frederick D. Go: na lalang asr-005293 03:55:24.860 --> 03:55:25.200 DOF Secretary Frederick D. Go: ko po asr-005294 03:55:25.200 --> 03:55:26.580 DOF Secretary Frederick D. Go: yung ginagawa mo dati asr-005295 03:55:26.580 --> 03:55:27.720 DOF Secretary Frederick D. Go: puro tulong dito asr-005296 03:55:27.720 --> 03:55:28.420 DOF Secretary Frederick D. Go: tulong dun asr-005297 03:55:28.420 --> 03:55:29.240 DOF Secretary Frederick D. Go: at asr-005298 03:55:29.240 --> 03:55:32.020 Senator Christopher Lawrence T. Go: mas mapabilis asr-005299 03:55:32.020 --> 03:55:33.040 Senator Christopher Lawrence T. Go: yung proseso asr-005300 03:55:33.040 --> 03:55:33.480 Senator Christopher Lawrence T. Go: huwag natin asr-005301 03:55:33.480 --> 03:55:34.040 Senator Christopher Lawrence T. Go: pahirapan asr-005302 03:55:34.040 --> 03:55:35.240 Senator Christopher Lawrence T. Go: yung mga kababayan asr-005303 03:55:35.240 --> 03:55:35.760 DOF Secretary Frederick D. Go: Yes asr-005304 03:55:35.760 --> 03:55:36.300 DOF Secretary Frederick D. Go: exactly asr-005305 03:55:36.300 --> 03:55:37.080 DOF Secretary Frederick D. Go: yan po ang asr-005306 03:55:37.080 --> 03:55:40.620 DOF Secretary Frederick D. Go: advocacy ko po asr-005307 03:55:40.620 --> 03:55:41.060 DOF Secretary Frederick D. Go: ngayon asr-005308 03:55:41.060 --> 03:55:41.460 DOF Secretary Frederick D. Go: sa asr-005309 03:55:41.460 --> 03:55:42.780 DOF Secretary Frederick D. Go: attached agencies asr-005310 03:55:42.780 --> 03:55:43.440 DOF Secretary Frederick D. Go: ng DOF asr-005311 03:55:43.440 --> 03:55:43.720 DOF Secretary Frederick D. Go: na asr-005312 03:55:43.720 --> 03:55:46.160 DOF Secretary Frederick D. Go: to find ways asr-005313 03:55:46.160 --> 03:55:47.320 DOF Secretary Frederick D. Go: to make life easier asr-005314 03:55:47.320 --> 03:55:48.060 DOF Secretary Frederick D. Go: to find ways asr-005315 03:55:48.060 --> 03:55:49.320 DOF Secretary Frederick D. Go: to make things faster asr-005316 03:55:49.320 --> 03:55:50.640 DOF Secretary Frederick D. Go: and asr-005317 03:55:50.640 --> 03:55:51.520 DOF Secretary Frederick D. Go: to find ways asr-005318 03:55:51.520 --> 03:55:52.080 DOF Secretary Frederick D. Go: to make asr-005319 03:55:52.080 --> 03:55:53.660 DOF Secretary Frederick D. Go: process simpler asr-005320 03:55:53.660 --> 03:55:54.680 DOF Secretary Frederick D. Go: ganun po asr-005321 03:55:54.680 --> 03:55:55.260 DOF Secretary Frederick D. Go: ang mga asr-005322 03:55:55.260 --> 03:55:56.080 DOF Secretary Frederick D. Go: mga asr-005323 03:55:56.080 --> 03:55:57.680 DOF Secretary Frederick D. Go: ina-advocate ko po asr-005324 03:55:57.680 --> 03:55:58.040 DOF Secretary Frederick D. Go: dito asr-005325 03:55:58.040 --> 03:55:59.820 DOF Secretary Frederick D. Go: so nagpapasalamat po ako asr-005326 03:55:59.820 --> 03:56:01.000 DOF Secretary Frederick D. Go: na you brought up asr-005327 03:56:01.000 --> 03:56:01.600 DOF Secretary Frederick D. Go: these matters asr-005328 03:56:01.600 --> 03:56:02.040 DOF Secretary Frederick D. Go: and asr-005329 03:56:02.040 --> 03:56:03.580 DOF Secretary Frederick D. Go: I really think that asr-005330 03:56:03.580 --> 03:56:05.000 DOF Secretary Frederick D. Go: the reforms at the BIR asr-005331 03:56:05.000 --> 03:56:05.900 DOF Secretary Frederick D. Go: have really helped asr-005332 03:56:05.900 --> 03:56:07.440 DOF Secretary Frederick D. Go: helped the image asr-005333 03:56:07.440 --> 03:56:08.140 DOF Secretary Frederick D. Go: of the BIR asr-005334 03:56:08.140 --> 03:56:09.700 DOF Secretary Frederick D. Go: and asr-005335 03:56:09.700 --> 03:56:11.380 DOF Secretary Frederick D. Go: we'll keep working at it asr-005336 03:56:11.380 --> 03:56:12.320 DOF Secretary Frederick D. Go: Your Honor asr-005337 03:56:12.320 --> 03:56:13.940 Senator Christopher Lawrence T. Go: Salamat asr-005338 03:56:13.940 --> 03:56:15.080 Senator Christopher Lawrence T. Go: go ahead asr-005339 03:56:15.080 --> 03:56:15.460 Senator Christopher Lawrence T. Go: and asr-005340 03:56:15.460 --> 03:56:18.160 Senator Christopher Lawrence T. Go: just do what is right asr-005341 03:56:18.160 --> 03:56:20.380 Senator Christopher Lawrence T. Go: Secretary Goh asr-005342 03:56:20.380 --> 03:56:21.340 Senator Christopher Lawrence T. Go: maraming salamat asr-005343 03:56:21.340 --> 03:56:23.180 Senator Christopher Lawrence T. Go: supporta lang po kami asr-005344 03:56:23.180 --> 03:56:23.680 Senator Christopher Lawrence T. Go: sa inyo asr-005345 03:56:23.680 --> 03:56:24.600 Senator Christopher Lawrence T. Go: na gawin po asr-005346 03:56:24.600 --> 03:56:24.660 Senator Christopher Lawrence T. Go: yung asr-005347 03:56:24.680 --> 03:56:25.720 Senator Christopher Lawrence T. Go: tama asr-005348 03:56:25.720 --> 03:56:27.020 Senator Christopher Lawrence T. Go: para sa ating asr-005349 03:56:27.020 --> 03:56:27.740 Senator Christopher Lawrence T. Go: mga kababayang asr-005350 03:56:27.740 --> 03:56:28.320 Senator Christopher Lawrence T. Go: Pilipino asr-005351 03:56:28.320 --> 03:56:29.180 Senator Christopher Lawrence T. Go: lalong lalo na po asr-005352 03:56:29.180 --> 03:56:29.720 Senator Christopher Lawrence T. Go: yung mga asr-005353 03:56:29.720 --> 03:56:30.980 Senator Christopher Lawrence T. Go: Pilipino asr-005354 03:56:30.980 --> 03:56:31.820 Senator Christopher Lawrence T. Go: na gusto lang po asr-005355 03:56:31.820 --> 03:56:32.700 Senator Christopher Lawrence T. Go: mamuhay asr-005356 03:56:32.700 --> 03:56:33.800 Senator Christopher Lawrence T. Go: ng maayos asr-005357 03:56:33.800 --> 03:56:34.620 Senator Christopher Lawrence T. Go: tahimik asr-005358 03:56:34.620 --> 03:56:36.280 Senator Christopher Lawrence T. Go: sa araw-araw asr-005359 03:56:36.280 --> 03:56:36.960 Senator Christopher Lawrence T. Go: na kanilang asr-005360 03:56:36.960 --> 03:56:37.880 Senator Christopher Lawrence T. Go: pamumuhay asr-005361 03:56:37.880 --> 03:56:38.820 Senator Christopher Lawrence T. Go: salamat po asr-005362 03:56:38.820 --> 03:56:39.560 Senator Christopher Lawrence T. Go: Secretary Goh asr-005363 03:56:39.560 --> 03:56:40.420 Senator Christopher Lawrence T. Go: salamat sa lahat asr-005364 03:56:40.420 --> 03:56:41.440 Senator Christopher Lawrence T. Go: ng attached agencies asr-005365 03:56:41.440 --> 03:56:42.120 Senator Christopher Lawrence T. Go: nandito asr-005366 03:56:42.120 --> 03:56:44.420 Senator Christopher Lawrence T. Go: yung iba sa inyo asr-005367 03:56:44.420 --> 03:56:46.060 Senator Christopher Lawrence T. Go: nakatrabaho ko rin po asr-005368 03:56:46.060 --> 03:56:47.680 Senator Christopher Lawrence T. Go: thank you for your asr-005369 03:56:47.680 --> 03:56:49.040 Senator Christopher Lawrence T. Go: services asr-005370 03:56:49.040 --> 03:56:49.620 Senator Christopher Lawrence T. Go: sa ating asr-005371 03:56:49.620 --> 03:56:50.640 Senator Christopher Lawrence T. Go: bayan asr-005372 03:56:50.640 --> 03:56:50.960 Senator Christopher Lawrence T. Go: you have asr-005373 03:56:50.960 --> 03:56:52.580 Senator Christopher Lawrence T. Go: our support here asr-005374 03:56:52.580 --> 03:56:53.920 Senator Christopher Lawrence T. Go: sa Senado asr-005375 03:56:53.920 --> 03:56:54.580 Senator Christopher Lawrence T. Go: basta gawin nyo asr-005376 03:56:54.580 --> 03:56:55.140 Senator Christopher Lawrence T. Go: lang po yung asr-005377 03:56:55.140 --> 03:56:56.540 Senator Christopher Lawrence T. Go: na tama asr-005378 03:56:56.540 --> 03:56:57.860 Senator Christopher Lawrence T. Go: unahin ang asr-005379 03:56:57.860 --> 03:56:58.840 Senator Christopher Lawrence T. Go: interest ng bayan asr-005380 03:56:58.840 --> 03:56:59.420 Senator Christopher Lawrence T. Go: unahin po asr-005381 03:56:59.420 --> 03:56:59.960 Senator Christopher Lawrence T. Go: interest ng asr-005382 03:56:59.960 --> 03:57:00.780 Senator Christopher Lawrence T. Go: bawat Pilipino asr-005383 03:57:00.780 --> 03:57:01.380 Senator Christopher Lawrence T. Go: salamat po asr-005384 03:57:01.380 --> 03:57:01.880 Senator Christopher Lawrence T. Go: Mr. Chair asr-005385 03:57:01.880 --> 03:57:02.760 Senator Joseph Victor "JV" G. Ejercito: thank you asr-005386 03:57:02.760 --> 03:57:03.560 Senator Joseph Victor "JV" G. Ejercito: Senator Bongo asr-005387 03:57:03.560 --> 03:57:04.160 Senator Christopher Lawrence T. Go: thank you asr-005388 03:57:04.160 --> 03:57:04.840 DOF Secretary Frederick D. Go: thank you for the asr-005389 03:57:04.840 --> 03:57:05.660 DOF Secretary Frederick D. Go: trust and confidence asr-005390 03:57:05.660 --> 03:57:06.500 DOF Secretary Frederick D. Go: Senator Bongo asr-005391 03:57:06.500 --> 03:57:08.440 Senator Joseph Victor "JV" G. Ejercito: yes asr-005392 03:57:08.440 --> 03:57:10.080 Senator Joseph Victor "JV" G. Ejercito: Commissioner Ariel asr-005393 03:57:10.080 --> 03:57:12.040 BOC Commissioner Ariel F. Nepomuceno: iulat ko lang po asr-005394 03:57:12.040 --> 03:57:12.560 BOC Commissioner Ariel F. Nepomuceno: na mabilis asr-005395 03:57:12.560 --> 03:57:13.540 BOC Commissioner Ariel F. Nepomuceno: para kumpleto po asr-005396 03:57:13.540 --> 03:57:14.620 BOC Commissioner Ariel F. Nepomuceno: yung asr-005397 03:57:14.620 --> 03:57:15.480 BOC Commissioner Ariel F. Nepomuceno: sagot po asr-005398 03:57:15.480 --> 03:57:16.160 BOC Commissioner Ariel F. Nepomuceno: ng BOC asr-005399 03:57:16.160 --> 03:57:17.120 BOC Commissioner Ariel F. Nepomuceno: sa katanungan asr-005400 03:57:17.120 --> 03:57:17.620 BOC Commissioner Ariel F. Nepomuceno: ni Secretary asr-005401 03:57:17.620 --> 03:57:19.220 BOC Commissioner Ariel F. Nepomuceno: ni Senator Bongo asr-005402 03:57:19.220 --> 03:57:19.640 BOC Commissioner Ariel F. Nepomuceno: kanina asr-005403 03:57:19.640 --> 03:57:20.860 BOC Commissioner Ariel F. Nepomuceno: kung may korupsyon asr-005404 03:57:20.860 --> 03:57:22.180 BOC Commissioner Ariel F. Nepomuceno: kung pagbabasayan po asr-005405 03:57:22.180 --> 03:57:22.660 BOC Commissioner Ariel F. Nepomuceno: natin asr-005406 03:57:22.660 --> 03:57:23.500 BOC Commissioner Ariel F. Nepomuceno: kailangan ko pong asr-005407 03:57:23.500 --> 03:57:24.140 BOC Commissioner Ariel F. Nepomuceno: banggitin kasi asr-005408 03:57:24.580 --> 03:57:25.620 BOC Commissioner Ariel F. Nepomuceno: para ma-encourage asr-005409 03:57:25.620 --> 03:57:26.420 BOC Commissioner Ariel F. Nepomuceno: naman po yung aming asr-005410 03:57:26.420 --> 03:57:27.180 BOC Commissioner Ariel F. Nepomuceno: mga tauhan asr-005411 03:57:27.180 --> 03:57:27.920 BOC Commissioner Ariel F. Nepomuceno: we have more than asr-005412 03:57:27.920 --> 03:57:28.600 BOC Commissioner Ariel F. Nepomuceno: 5,000 asr-005413 03:57:28.600 --> 03:57:29.820 BOC Commissioner Ariel F. Nepomuceno: personnel asr-005414 03:57:29.820 --> 03:57:31.040 BOC Commissioner Ariel F. Nepomuceno: upang ma-encourage asr-005415 03:57:31.040 --> 03:57:31.720 BOC Commissioner Ariel F. Nepomuceno: naman po yung mga asr-005416 03:57:31.720 --> 03:57:32.420 BOC Commissioner Ariel F. Nepomuceno: gumagawa po asr-005417 03:57:32.420 --> 03:57:33.260 BOC Commissioner Ariel F. Nepomuceno: ng maayos na asr-005418 03:57:33.260 --> 03:57:33.800 BOC Commissioner Ariel F. Nepomuceno: trabaho asr-005419 03:57:33.800 --> 03:57:35.200 BOC Commissioner Ariel F. Nepomuceno: kailangan banggitin ko po asr-005420 03:57:35.200 --> 03:57:36.060 BOC Commissioner Ariel F. Nepomuceno: na while it's true asr-005421 03:57:36.060 --> 03:57:36.420 BOC Commissioner Ariel F. Nepomuceno: that asr-005422 03:57:36.420 --> 03:57:37.880 BOC Commissioner Ariel F. Nepomuceno: there are still asr-005423 03:57:37.880 --> 03:57:39.300 BOC Commissioner Ariel F. Nepomuceno: reports on asr-005424 03:57:39.300 --> 03:57:40.800 BOC Commissioner Ariel F. Nepomuceno: bad practices asr-005425 03:57:40.800 --> 03:57:41.680 BOC Commissioner Ariel F. Nepomuceno: on corruption asr-005426 03:57:41.680 --> 03:57:43.200 BOC Commissioner Ariel F. Nepomuceno: kung pagbabasayan po asr-005427 03:57:43.200 --> 03:57:44.040 BOC Commissioner Ariel F. Nepomuceno: natin yung asr-005428 03:57:44.040 --> 03:57:45.180 BOC Commissioner Ariel F. Nepomuceno: koleksyon asr-005429 03:57:45.180 --> 03:57:45.720 BOC Commissioner Ariel F. Nepomuceno: ito po ang asr-005430 03:57:45.720 --> 03:57:47.420 BOC Commissioner Ariel F. Nepomuceno: pinakamabisang asr-005431 03:57:47.420 --> 03:57:48.960 BOC Commissioner Ariel F. Nepomuceno: sukatan asr-005432 03:57:48.960 --> 03:57:49.800 BOC Commissioner Ariel F. Nepomuceno: kung maganda po asr-005433 03:57:49.800 --> 03:57:50.240 BOC Commissioner Ariel F. Nepomuceno: yung nangyayari asr-005434 03:57:50.240 --> 03:57:51.180 BOC Commissioner Ariel F. Nepomuceno: prior to the asr-005435 03:57:51.180 --> 03:57:51.840 BOC Commissioner Ariel F. Nepomuceno: full automation asr-005436 03:57:51.840 --> 03:57:52.540 BOC Commissioner Ariel F. Nepomuceno: next year asr-005437 03:57:52.540 --> 03:57:54.000 BOC Commissioner Ariel F. Nepomuceno: ang koleksyon po asr-005438 03:57:54.000 --> 03:57:54.420 BOC Commissioner Ariel F. Nepomuceno: ng BOC asr-005439 03:57:54.580 --> 03:57:56.240 BOC Commissioner Ariel F. Nepomuceno: from January 1 asr-005440 03:57:56.240 --> 03:57:56.780 BOC Commissioner Ariel F. Nepomuceno: this year asr-005441 03:57:56.780 --> 03:57:58.580 BOC Commissioner Ariel F. Nepomuceno: until end of August asr-005442 03:57:58.580 --> 03:58:00.200 BOC Commissioner Ariel F. Nepomuceno: ang target po namin asr-005443 03:58:00.200 --> 03:58:00.460 BOC Commissioner Ariel F. Nepomuceno: ay asr-005444 03:58:00.460 --> 03:58:02.600 BOC Commissioner Ariel F. Nepomuceno: 659 billion asr-005445 03:58:02.600 --> 03:58:03.560 BOC Commissioner Ariel F. Nepomuceno: dun po sa bagong asr-005446 03:58:03.560 --> 03:58:03.980 BOC Commissioner Ariel F. Nepomuceno: target asr-005447 03:58:03.980 --> 03:58:06.300 BOC Commissioner Ariel F. Nepomuceno: ang nabigay na po asr-005448 03:58:06.300 --> 03:58:07.280 BOC Commissioner Ariel F. Nepomuceno: ng Bureau of Customs asr-005449 03:58:07.280 --> 03:58:08.140 BOC Commissioner Ariel F. Nepomuceno: na hit po natin asr-005450 03:58:08.140 --> 03:58:09.400 BOC Commissioner Ariel F. Nepomuceno: yung 659 asr-005451 03:58:09.400 --> 03:58:10.920 BOC Commissioner Ariel F. Nepomuceno: lampas pa po tayo asr-005452 03:58:10.920 --> 03:58:11.740 BOC Commissioner Ariel F. Nepomuceno: we were able to asr-005453 03:58:11.740 --> 03:58:12.080 BOC Commissioner Ariel F. Nepomuceno: deliver asr-005454 03:58:12.080 --> 03:58:13.260 BOC Commissioner Ariel F. Nepomuceno: 664 asr-005455 03:58:13.260 --> 03:58:14.960 BOC Commissioner Ariel F. Nepomuceno: billion pesos asr-005456 03:58:14.960 --> 03:58:15.860 BOC Commissioner Ariel F. Nepomuceno: ibig sabihin asr-005457 03:58:15.860 --> 03:58:17.360 BOC Commissioner Ariel F. Nepomuceno: more than 5 billion asr-005458 03:58:17.360 --> 03:58:18.040 BOC Commissioner Ariel F. Nepomuceno: po yung ating asr-005459 03:58:18.040 --> 03:58:18.440 BOC Commissioner Ariel F. Nepomuceno: excess asr-005460 03:58:18.440 --> 03:58:18.840 BOC Commissioner Ariel F. Nepomuceno: again asr-005461 03:58:18.840 --> 03:58:20.760 BOC Commissioner Ariel F. Nepomuceno: pag tinignan nyo po yan asr-005462 03:58:20.760 --> 03:58:21.420 BOC Commissioner Ariel F. Nepomuceno: mahalaga pong asr-005463 03:58:21.420 --> 03:58:22.660 BOC Commissioner Ariel F. Nepomuceno: maintindihan po natin asr-005464 03:58:22.660 --> 03:58:23.580 BOC Commissioner Ariel F. Nepomuceno: na yung volume asr-005465 03:58:23.580 --> 03:58:24.420 BOC Commissioner Ariel F. Nepomuceno: of importation asr-005466 03:58:24.580 --> 03:58:25.320 BOC Commissioner Ariel F. Nepomuceno: bumaba asr-005467 03:58:25.320 --> 03:58:27.440 BOC Commissioner Ariel F. Nepomuceno: iba iba pong mga items asr-005468 03:58:27.440 --> 03:58:28.260 BOC Commissioner Ariel F. Nepomuceno: merong bumaba asr-005469 03:58:28.260 --> 03:58:29.120 BOC Commissioner Ariel F. Nepomuceno: ng 3% asr-005470 03:58:29.120 --> 03:58:29.640 BOC Commissioner Ariel F. Nepomuceno: 8% asr-005471 03:58:29.640 --> 03:58:30.340 BOC Commissioner Ariel F. Nepomuceno: 10% asr-005472 03:58:30.340 --> 03:58:31.640 BOC Commissioner Ariel F. Nepomuceno: kahit na po asr-005473 03:58:31.640 --> 03:58:32.600 BOC Commissioner Ariel F. Nepomuceno: bumaba po yung asr-005474 03:58:32.600 --> 03:58:33.880 BOC Commissioner Ariel F. Nepomuceno: volume of importations asr-005475 03:58:33.880 --> 03:58:34.820 BOC Commissioner Ariel F. Nepomuceno: tumaas naman po asr-005476 03:58:34.820 --> 03:58:35.900 BOC Commissioner Ariel F. Nepomuceno: yung ating koleksyon asr-005477 03:58:35.900 --> 03:58:36.540 BOC Commissioner Ariel F. Nepomuceno: ang ibig sabihin asr-005478 03:58:36.540 --> 03:58:37.100 BOC Commissioner Ariel F. Nepomuceno: maaaring asr-005479 03:58:37.100 --> 03:58:38.520 BOC Commissioner Ariel F. Nepomuceno: meron na po tayong asr-005480 03:58:38.520 --> 03:58:39.460 BOC Commissioner Ariel F. Nepomuceno: mga na-achieve asr-005481 03:58:39.460 --> 03:58:40.560 BOC Commissioner Ariel F. Nepomuceno: because of the reforms asr-005482 03:58:40.560 --> 03:58:41.140 BOC Commissioner Ariel F. Nepomuceno: we're doing asr-005483 03:58:41.140 --> 03:58:42.680 BOC Commissioner Ariel F. Nepomuceno: in the Bureau of Customs asr-005484 03:58:42.680 --> 03:58:43.740 BOC Commissioner Ariel F. Nepomuceno: nagkakaroon na po tayo asr-005485 03:58:43.740 --> 03:58:44.900 BOC Commissioner Ariel F. Nepomuceno: ng collection efficiency asr-005486 03:58:44.900 --> 03:58:46.120 BOC Commissioner Ariel F. Nepomuceno: so much so asr-005487 03:58:46.120 --> 03:58:46.540 BOC Commissioner Ariel F. Nepomuceno: na pag asr-005488 03:58:46.540 --> 03:58:48.240 BOC Commissioner Ariel F. Nepomuceno: ihihahambing po natin asr-005489 03:58:48.240 --> 03:58:49.180 BOC Commissioner Ariel F. Nepomuceno: yung koleksyon po asr-005490 03:58:49.180 --> 03:58:50.300 BOC Commissioner Ariel F. Nepomuceno: ng BOC asr-005491 03:58:50.300 --> 03:58:52.420 BOC Commissioner Ariel F. Nepomuceno: for the same period asr-005492 03:58:52.420 --> 03:58:53.160 BOC Commissioner Ariel F. Nepomuceno: last year asr-005493 03:58:53.160 --> 03:58:53.920 BOC Commissioner Ariel F. Nepomuceno: ng 2025 asr-005494 03:58:54.580 --> 03:58:56.620 BOC Commissioner Ariel F. Nepomuceno: mahigit 43 billion po asr-005495 03:58:56.620 --> 03:58:58.000 BOC Commissioner Ariel F. Nepomuceno: yung taas po asr-005496 03:58:58.000 --> 03:58:59.100 BOC Commissioner Ariel F. Nepomuceno: ng ating koleksyon asr-005497 03:58:59.100 --> 03:59:00.000 BOC Commissioner Ariel F. Nepomuceno: for the same period asr-005498 03:59:00.000 --> 03:59:00.620 BOC Commissioner Ariel F. Nepomuceno: last year asr-005499 03:59:00.620 --> 03:59:01.340 BOC Commissioner Ariel F. Nepomuceno: ah ito asr-005500 03:59:01.340 --> 03:59:02.020 BOC Commissioner Ariel F. Nepomuceno: hindi naman po asr-005501 03:59:02.020 --> 03:59:02.640 BOC Commissioner Ariel F. Nepomuceno: dahil sa akin asr-005502 03:59:02.640 --> 03:59:03.900 BOC Commissioner Ariel F. Nepomuceno: ito po yung trabaho po asr-005503 03:59:03.900 --> 03:59:04.860 BOC Commissioner Ariel F. Nepomuceno: ng mga kasamaan ko asr-005504 03:59:04.860 --> 03:59:06.180 BOC Commissioner Ariel F. Nepomuceno: lalong lalo na po asr-005505 03:59:06.180 --> 03:59:07.160 BOC Commissioner Ariel F. Nepomuceno: ang mga port collectors asr-005506 03:59:07.160 --> 03:59:07.660 BOC Commissioner Ariel F. Nepomuceno: po natin asr-005507 03:59:07.660 --> 03:59:08.020 BOC Commissioner Ariel F. Nepomuceno: again asr-005508 03:59:08.020 --> 03:59:09.880 BOC Commissioner Ariel F. Nepomuceno: inuulat po lang po natin yan asr-005509 03:59:09.880 --> 03:59:11.260 BOC Commissioner Ariel F. Nepomuceno: upang ma-appreciate po natin asr-005510 03:59:11.260 --> 03:59:12.300 BOC Commissioner Ariel F. Nepomuceno: na kahit hindi pa po asr-005511 03:59:12.300 --> 03:59:13.220 BOC Commissioner Ariel F. Nepomuceno: na po po asr-005512 03:59:13.220 --> 03:59:13.880 BOC Commissioner Ariel F. Nepomuceno: le-automated asr-005513 03:59:13.880 --> 03:59:15.080 BOC Commissioner Ariel F. Nepomuceno: ang ating proseso asr-005514 03:59:15.080 --> 03:59:16.380 BOC Commissioner Ariel F. Nepomuceno: meron na po tayong asr-005515 03:59:16.380 --> 03:59:16.740 BOC Commissioner Ariel F. Nepomuceno: mga asr-005516 03:59:16.740 --> 03:59:18.020 BOC Commissioner Ariel F. Nepomuceno: nagagawa asr-005517 03:59:18.020 --> 03:59:19.320 BOC Commissioner Ariel F. Nepomuceno: para po sa bansa asr-005518 03:59:19.320 --> 03:59:21.060 Senator Joseph Victor "JV" G. Ejercito: siguro asr-005519 03:59:21.060 --> 03:59:22.040 Senator Joseph Victor "JV" G. Ejercito: quickly lang no asr-005520 03:59:22.040 --> 03:59:22.600 Senator Joseph Victor "JV" G. Ejercito: siguro kay asr-005521 03:59:22.600 --> 03:59:23.980 Senator Joseph Victor "JV" G. Ejercito: Commissioner Charlito Mendoza asr-005522 03:59:23.980 --> 03:59:24.160 Senator Joseph Victor "JV" G. Ejercito: no asr-005523 03:59:24.160 --> 03:59:25.420 Senator Joseph Victor "JV" G. Ejercito: salamat sa iyong reforms asr-005524 03:59:25.420 --> 03:59:26.440 Senator Joseph Victor "JV" G. Ejercito: that you instituted asr-005525 03:59:26.440 --> 03:59:27.200 Senator Joseph Victor "JV" G. Ejercito: when you asr-005526 03:59:27.200 --> 03:59:28.120 Senator Joseph Victor "JV" G. Ejercito: assumed asr-005527 03:59:28.120 --> 03:59:29.020 Senator Joseph Victor "JV" G. Ejercito: as a chairman asr-005528 03:59:29.020 --> 03:59:30.800 Senator Joseph Victor "JV" G. Ejercito: as a commissioner asr-005529 03:59:30.800 --> 03:59:32.440 Senator Joseph Victor "JV" G. Ejercito: of the BIR asr-005530 03:59:32.440 --> 03:59:33.020 Senator Joseph Victor "JV" G. Ejercito: sana nga asr-005531 03:59:33.020 --> 03:59:34.000 Senator Joseph Victor "JV" G. Ejercito: matapos na yung asr-005532 03:59:34.000 --> 03:59:34.500 Senator Joseph Victor "JV" G. Ejercito: kaya ko asr-005533 03:59:34.500 --> 03:59:36.120 Senator Joseph Victor "JV" G. Ejercito: inangal ito noon asr-005534 03:59:36.120 --> 03:59:36.800 Senator Joseph Victor "JV" G. Ejercito: sabi ko nga asr-005535 03:59:36.800 --> 03:59:38.060 Senator Joseph Victor "JV" G. Ejercito: ang reports kasi asr-005536 03:59:38.060 --> 03:59:39.120 Senator Joseph Victor "JV" G. Ejercito: eh asr-005537 03:59:39.120 --> 03:59:40.220 Senator Joseph Victor "JV" G. Ejercito: doon po asr-005538 03:59:40.220 --> 03:59:40.620 Senator Joseph Victor "JV" G. Ejercito: halimbawa asr-005539 03:59:40.620 --> 03:59:41.560 Senator Joseph Victor "JV" G. Ejercito: nagkaroon ng asr-005540 03:59:41.560 --> 03:59:43.780 Senator Joseph Victor "JV" G. Ejercito: nagkaroon ng asr-005541 03:59:43.780 --> 03:59:45.960 Senator Joseph Victor "JV" G. Ejercito: ng pag-uusap asr-005542 03:59:45.960 --> 03:59:46.180 Senator Joseph Victor "JV" G. Ejercito: no asr-005543 03:59:46.180 --> 03:59:46.660 Senator Joseph Victor "JV" G. Ejercito: halimbawa asr-005544 03:59:46.660 --> 03:59:47.700 Senator Joseph Victor "JV" G. Ejercito: ito yung assessment asr-005545 03:59:47.700 --> 03:59:48.680 Senator Joseph Victor "JV" G. Ejercito: tapos ito yung asr-005546 03:59:48.680 --> 03:59:49.520 Senator Joseph Victor "JV" G. Ejercito: final asr-005547 03:59:49.520 --> 03:59:51.820 Senator Joseph Victor "JV" G. Ejercito: ang nakakalungkot asr-005548 03:59:51.820 --> 03:59:52.760 Senator Joseph Victor "JV" G. Ejercito: mas malaki yung asr-005549 03:59:52.760 --> 03:59:53.520 Senator Joseph Victor "JV" G. Ejercito: yung asr-005550 03:59:54.160 --> 03:59:54.900 Senator Joseph Victor "JV" G. Ejercito: binobulsa asr-005551 03:59:54.900 --> 03:59:56.160 Senator Joseph Victor "JV" G. Ejercito: kaysa sa pinapasok asr-005552 03:59:56.160 --> 03:59:57.060 Senator Joseph Victor "JV" G. Ejercito: sa gobyerno eh asr-005553 03:59:57.060 --> 03:59:59.360 Senator Joseph Victor "JV" G. Ejercito: minsan 20-30% asr-005554 03:59:59.360 --> 03:59:59.580 Senator Joseph Victor "JV" G. Ejercito: diba asr-005555 03:59:59.580 --> 03:59:59.880 Senator Joseph Victor "JV" G. Ejercito: sana asr-005582 04:00:00.000 --> 04:00:00.860 Senator Joseph Victor "JV" G. Ejercito: hindi na mangyari yun. asr-005583 04:00:01.100 --> 04:00:02.300 Senator Joseph Victor "JV" G. Ejercito: I hope not. asr-005584 04:00:02.460 --> 04:00:06.160 Senator Joseph Victor "JV" G. Ejercito: But I'm happy to hear about the reforms asr-005585 04:00:06.160 --> 04:00:08.860 Senator Joseph Victor "JV" G. Ejercito: that were instituted by BIR. asr-005586 04:00:10.020 --> 04:00:14.000 Senator Joseph Victor "JV" G. Ejercito: Sana magtuloy-tuloy na at matigil na yung gano'n. asr-005587 04:00:14.180 --> 04:00:16.080 Senator Joseph Victor "JV" G. Ejercito: Nakakalungkot kasi na gano'n yung nangyari asr-005588 04:00:16.080 --> 04:00:17.180 Senator Joseph Victor "JV" G. Ejercito: at that stage. asr-005589 04:00:17.260 --> 04:00:18.540 Senator Joseph Victor "JV" G. Ejercito: At yung nangyari po sana yung asr-005590 04:00:18.540 --> 04:00:20.980 Senator Joseph Victor "JV" G. Ejercito: foreign investors natin. asr-005591 04:00:21.120 --> 04:00:22.180 Senator Joseph Victor "JV" G. Ejercito: Pakiano na lang yun. asr-005592 04:00:22.340 --> 04:00:24.020 Senator Joseph Victor "JV" G. Ejercito: The one I brought to your attention. asr-005593 04:00:24.980 --> 04:00:26.940 Senator Joseph Victor "JV" G. Ejercito: Ang hirap na nga tayo sa foreign investments asr-005594 04:00:26.940 --> 04:00:28.560 Senator Joseph Victor "JV" G. Ejercito: and the reason why I brought this up asr-005595 04:00:28.560 --> 04:00:30.860 Senator Joseph Victor "JV" G. Ejercito: on the floor because it was already asr-005596 04:00:30.860 --> 04:00:33.700 Senator Joseph Victor "JV" G. Ejercito: the chambers and yung mga Japanese asr-005597 04:00:33.700 --> 04:00:37.760 Senator Joseph Victor "JV" G. Ejercito: investors, pati sila naging subject to asr-005598 04:00:37.760 --> 04:00:40.040 Senator Joseph Victor "JV" G. Ejercito: abuse. asr-005599 04:00:40.360 --> 04:00:42.820 Senator Joseph Victor "JV" G. Ejercito: So I'm hoping that you'll pay attention. asr-005600 04:00:42.960 --> 04:00:44.340 Senator Joseph Victor "JV" G. Ejercito: Hirap na nga tayo kung muna investments. asr-005601 04:00:44.880 --> 04:00:47.660 Senator Joseph Victor "JV" G. Ejercito: Huwag natin pong, siguro huwag na natin asr-005602 04:00:47.660 --> 04:00:49.660 Senator Joseph Victor "JV" G. Ejercito: silang abusuhin din. asr-005603 04:00:50.580 --> 04:00:52.560 Senator Joseph Victor "JV" G. Ejercito: Siguro kay Ariel Moceno, asr-005604 04:00:52.780 --> 04:00:55.320 Senator Joseph Victor "JV" G. Ejercito: tanong ko lang, yung pong scanners asr-005605 04:00:55.320 --> 04:00:58.320 Senator Joseph Victor "JV" G. Ejercito: that you intend to produce asr-005606 04:00:58.560 --> 04:01:00.280 Senator Joseph Victor "JV" G. Ejercito: or procure, this will be asr-005607 04:01:00.280 --> 04:01:02.480 Senator Joseph Victor "JV" G. Ejercito: installed in most major ports asr-005608 04:01:02.480 --> 04:01:04.800 Senator Joseph Victor "JV" G. Ejercito: or all ports para wala na asr-005609 04:01:04.800 --> 04:01:06.700 Senator Joseph Victor "JV" G. Ejercito: mabawasan na yung intrusive asr-005610 04:01:06.700 --> 04:01:08.180 Senator Joseph Victor "JV" G. Ejercito: inspection. Tama ba? asr-005611 04:01:09.900 --> 04:01:11.300 BOC Commissioner Ariel F. Nepomuceno: Tama po, Mr. Chair. asr-005612 04:01:11.700 --> 04:01:13.720 BOC Commissioner Ariel F. Nepomuceno: May programa naman pong ginawa po asr-005613 04:01:13.720 --> 04:01:15.580 BOC Commissioner Ariel F. Nepomuceno: yung ating mga tauhan to come out asr-005614 04:01:15.580 --> 04:01:17.140 BOC Commissioner Ariel F. Nepomuceno: with the request po. asr-005615 04:01:18.400 --> 04:01:20.040 Senator Joseph Victor "JV" G. Ejercito: So siguro, how are the shipments asr-005616 04:01:20.040 --> 04:01:21.640 Senator Joseph Victor "JV" G. Ejercito: selected for physical inspection? asr-005617 04:01:21.940 --> 04:01:24.100 Senator Joseph Victor "JV" G. Ejercito: Can officers override the risk engine asr-005618 04:01:24.100 --> 04:01:25.580 Senator Joseph Victor "JV" G. Ejercito: and are overrides audited? asr-005619 04:01:26.180 --> 04:01:28.540 Senator Joseph Victor "JV" G. Ejercito: So paano yung sistema para sa asr-005620 04:01:28.560 --> 04:01:29.920 Senator Joseph Victor "JV" G. Ejercito: physical inspection? asr-005621 04:01:30.040 --> 04:01:30.660 Senator Joseph Victor "JV" G. Ejercito: Random ba yan? asr-005622 04:01:31.080 --> 04:01:33.320 Senator Joseph Victor "JV" G. Ejercito: Or meron tayong reports? asr-005623 04:01:33.740 --> 04:01:36.040 BOC Commissioner Ariel F. Nepomuceno: Mr. Chair, kagaya rin po sa BIR, asr-005624 04:01:36.580 --> 04:01:38.440 BOC Commissioner Ariel F. Nepomuceno: systems generated na po mainly asr-005625 04:01:38.440 --> 04:01:39.960 BOC Commissioner Ariel F. Nepomuceno: yung mga binubuksan po ng asr-005626 04:01:39.960 --> 04:01:41.860 BOC Commissioner Ariel F. Nepomuceno: mga tauhan natin for asr-005627 04:01:41.860 --> 04:01:44.940 BOC Commissioner Ariel F. Nepomuceno: sorry, yung sinasubject po natin asr-005628 04:01:44.940 --> 04:01:46.500 BOC Commissioner Ariel F. Nepomuceno: sa scanning. May sistema po kami asr-005629 04:01:46.500 --> 04:01:48.680 BOC Commissioner Ariel F. Nepomuceno: nung yellow, orange, asr-005630 04:01:49.040 --> 04:01:50.180 BOC Commissioner Ariel F. Nepomuceno: green at red. asr-005631 04:01:50.880 --> 04:01:52.580 BOC Commissioner Ariel F. Nepomuceno: Systems generated na po ito asr-005632 04:01:52.580 --> 04:01:54.520 BOC Commissioner Ariel F. Nepomuceno: sa pamamagitan po ng sinasabi nating asr-005633 04:01:54.520 --> 04:01:57.000 BOC Commissioner Ariel F. Nepomuceno: risk management parameters. asr-005634 04:01:57.440 --> 04:01:58.440 BOC Commissioner Ariel F. Nepomuceno: Pinipili na po ng asr-005635 04:01:58.440 --> 04:02:00.040 BOC Commissioner Ariel F. Nepomuceno: sistema based on the parameters asr-005636 04:02:00.040 --> 04:02:02.000 BOC Commissioner Ariel F. Nepomuceno: that we have set to select asr-005637 04:02:02.000 --> 04:02:04.180 BOC Commissioner Ariel F. Nepomuceno: by way of an automated asr-005638 04:02:04.180 --> 04:02:06.020 BOC Commissioner Ariel F. Nepomuceno: system. Sino po yung asr-005639 04:02:06.020 --> 04:02:08.400 BOC Commissioner Ariel F. Nepomuceno: masasubject po asr-005640 04:02:08.400 --> 04:02:09.480 BOC Commissioner Ariel F. Nepomuceno: sa scanning machines? asr-005641 04:02:10.400 --> 04:02:12.200 Senator Joseph Victor "JV" G. Ejercito: There are still a couple of questions asr-005642 04:02:12.200 --> 04:02:14.420 Senator Joseph Victor "JV" G. Ejercito: for BIR, BOC, and also asr-005643 04:02:14.420 --> 04:02:14.740 Senator Joseph Victor "JV" G. Ejercito: for asr-005644 04:02:14.740 --> 04:02:18.340 Senator Joseph Victor "JV" G. Ejercito: sa ating sekretary. asr-005645 04:02:18.620 --> 04:02:20.460 Senator Joseph Victor "JV" G. Ejercito: But we will just forward it asr-005646 04:02:20.460 --> 04:02:22.380 Senator Joseph Victor "JV" G. Ejercito: to you. And please asr-005647 04:02:22.380 --> 04:02:24.760 Senator Joseph Victor "JV" G. Ejercito: prepare for it asr-005648 04:02:24.760 --> 04:02:26.400 Senator Joseph Victor "JV" G. Ejercito: also for plenary asr-005649 04:02:26.400 --> 04:02:28.420 Senator Joseph Victor "JV" G. Ejercito: discussion para lang handa tayo. asr-005650 04:02:28.440 --> 04:02:29.720 Senator Joseph Victor "JV" G. Ejercito: Sa lahat ng asr-005651 04:02:29.720 --> 04:02:31.420 Senator Joseph Victor "JV" G. Ejercito: issues and topics. asr-005652 04:02:32.380 --> 04:02:34.360 Senator Joseph Victor "JV" G. Ejercito: We will forward the asr-005653 04:02:34.360 --> 04:02:36.280 Senator Joseph Victor "JV" G. Ejercito: others to you. Maraming may mga asr-005654 04:02:36.280 --> 04:02:38.020 Senator Joseph Victor "JV" G. Ejercito: BOS, may mga concern pa sa BOC. asr-005655 04:02:38.520 --> 04:02:39.960 Senator Joseph Victor "JV" G. Ejercito: Meron din sa BIR. asr-005656 04:02:42.700 --> 04:02:44.600 Senator Joseph Victor "JV" G. Ejercito: Just a question. Dito na lang asr-005657 04:02:44.600 --> 04:02:44.740 Senator Joseph Victor "JV" G. Ejercito: sa asr-005658 04:02:44.740 --> 04:02:48.240 Senator Joseph Victor "JV" G. Ejercito: insurance commission. Andito bang asr-005659 04:02:48.240 --> 04:02:49.040 Senator Joseph Victor "JV" G. Ejercito: insurance commission? asr-005660 04:02:50.900 --> 04:02:51.540 Senator Joseph Victor "JV" G. Ejercito: Depcom asr-005661 04:02:51.540 --> 04:02:54.180 Senator Joseph Victor "JV" G. Ejercito: Ermar Benitez. Acting kayo? asr-005662 04:02:54.240 --> 04:02:55.200 Senator Joseph Victor "JV" G. Ejercito: Kaya pong acting ngayon? asr-005663 04:02:56.060 --> 04:02:57.000 Atty. Ermar U. Benitez: Yes, Mr. Chair. asr-005664 04:02:58.440 --> 04:02:59.220 Senator Joseph Victor "JV" G. Ejercito: O, IC po. asr-005665 04:03:01.260 --> 04:03:02.120 Senator Joseph Victor "JV" G. Ejercito: Ito yung ano, no? asr-005666 04:03:02.160 --> 04:03:03.560 Senator Joseph Victor "JV" G. Ejercito: Si Regalado, ba? asr-005667 04:03:04.100 --> 04:03:04.680 Senator Joseph Victor "JV" G. Ejercito: Is that the one? asr-005668 04:03:04.980 --> 04:03:07.040 Senator Joseph Victor "JV" G. Ejercito: Anyway, yung ano lang, question lang. asr-005669 04:03:07.140 --> 04:03:09.240 Senator Joseph Victor "JV" G. Ejercito: Considered PhilHealth is our national social health asr-005670 04:03:09.240 --> 04:03:11.460 Senator Joseph Victor "JV" G. Ejercito: insurer. While the IC regulates asr-005671 04:03:11.460 --> 04:03:13.260 Senator Joseph Victor "JV" G. Ejercito: HMOs and private health asr-005672 04:03:13.260 --> 04:03:15.060 Senator Joseph Victor "JV" G. Ejercito: insurance, may we know what existing asr-005673 04:03:15.060 --> 04:03:17.420 Senator Joseph Victor "JV" G. Ejercito: coordination or collaboration the insurance commission asr-005674 04:03:17.420 --> 04:03:19.040 Senator Joseph Victor "JV" G. Ejercito: has with PhilHealth? asr-005675 04:03:19.140 --> 04:03:20.740 Senator Joseph Victor "JV" G. Ejercito: Meron ba tayong coordination with PhilHealth? asr-005676 04:03:21.120 --> 04:03:22.880 Atty. Ermar U. Benitez: Yes, Mr. Chair. In fact, asr-005677 04:03:23.540 --> 04:03:25.040 Atty. Ermar U. Benitez: we just met with the asr-005678 04:03:25.040 --> 04:03:26.460 Atty. Ermar U. Benitez: with Doc Bev Ho asr-005679 04:03:26.460 --> 04:03:28.260 Atty. Ermar U. Benitez: of the PhilHealth. asr-005680 04:03:28.440 --> 04:03:30.140 Atty. Ermar U. Benitez: Two weeks ago. asr-005681 04:03:30.660 --> 04:03:32.800 Atty. Ermar U. Benitez: Because we were coming up with the asr-005682 04:03:32.800 --> 04:03:33.960 Atty. Ermar U. Benitez: memorandum of agreement asr-005683 04:03:33.960 --> 04:03:37.000 Atty. Ermar U. Benitez: on how we can operationalize asr-005684 04:03:37.000 --> 04:03:39.020 Atty. Ermar U. Benitez: the layering of the two benefits. asr-005685 04:03:39.760 --> 04:03:40.940 Atty. Ermar U. Benitez: The PhilHealth being the asr-005686 04:03:40.940 --> 04:03:42.980 Atty. Ermar U. Benitez: first layer and the asr-005687 04:03:42.980 --> 04:03:44.900 Atty. Ermar U. Benitez: from the asr-005688 04:03:44.900 --> 04:03:46.920 Atty. Ermar U. Benitez: HMOs being the second layer. asr-005689 04:03:48.020 --> 04:03:49.220 Atty. Ermar U. Benitez: And this is with the asr-005690 04:03:49.220 --> 04:03:50.760 Atty. Ermar U. Benitez: coordination with our asr-005691 04:03:50.760 --> 04:03:52.760 Atty. Ermar U. Benitez: secretary. Mr. Chair. asr-005692 04:03:54.180 --> 04:03:55.360 Senator Joseph Victor "JV" G. Ejercito: Ang question lang, asr-005693 04:03:55.360 --> 04:03:57.360 Senator Joseph Victor "JV" G. Ejercito: are Filipinos paying twice of the same asr-005694 04:03:58.440 --> 04:04:00.720 Senator Joseph Victor "JV" G. Ejercito: healthcare benefits? asr-005695 04:04:00.820 --> 04:04:02.760 Senator Joseph Victor "JV" G. Ejercito: How do you ensure that PhilHealth, HMOs, asr-005696 04:04:02.800 --> 04:04:05.020 Senator Joseph Victor "JV" G. Ejercito: and private health insurance complement each other asr-005697 04:04:05.020 --> 04:04:06.960 Senator Joseph Victor "JV" G. Ejercito: so patients get comprehensive asr-005698 04:04:06.960 --> 04:04:08.960 Senator Joseph Victor "JV" G. Ejercito: coverage without paying asr-005699 04:04:08.960 --> 04:04:10.340 Senator Joseph Victor "JV" G. Ejercito: for overlapping benefits? asr-005700 04:04:12.060 --> 04:04:12.720 Atty. Ermar U. Benitez: Mr. Chair, asr-005701 04:04:12.820 --> 04:04:14.960 Atty. Ermar U. Benitez: ang pinag-usapan po namin, which is also being asr-005702 04:04:14.960 --> 04:04:17.420 Atty. Ermar U. Benitez: implemented right now, is that asr-005703 04:04:17.420 --> 04:04:19.060 Atty. Ermar U. Benitez: yung HMO asr-005704 04:04:19.060 --> 04:04:21.120 Atty. Ermar U. Benitez: will already take into consideration asr-005705 04:04:21.120 --> 04:04:23.140 Atty. Ermar U. Benitez: in setting the premium, asr-005706 04:04:23.380 --> 04:04:25.260 Atty. Ermar U. Benitez: the fact of PhilHealth asr-005707 04:04:25.260 --> 04:04:27.120 Atty. Ermar U. Benitez: coverage. And it's already part of our asr-005708 04:04:27.120 --> 04:04:27.900 Atty. Ermar U. Benitez: rating system. asr-005709 04:04:28.440 --> 04:04:28.940 Atty. Ermar U. Benitez: Mr. Chair. asr-005710 04:04:29.980 --> 04:04:32.480 Senator Joseph Victor "JV" G. Ejercito: Does PhilHealth and the Insurance Commission asr-005711 04:04:32.480 --> 04:04:34.620 Senator Joseph Victor "JV" G. Ejercito: regularly share data on claims, asr-005712 04:04:34.880 --> 04:04:36.360 Senator Joseph Victor "JV" G. Ejercito: utilization, healthcare costs, asr-005713 04:04:36.880 --> 04:04:37.960 Senator Joseph Victor "JV" G. Ejercito: and benefit coverage? asr-005714 04:04:39.060 --> 04:04:40.780 Atty. Ermar U. Benitez: To be honest, Your Honor, asr-005715 04:04:40.780 --> 04:04:42.220 Atty. Ermar U. Benitez: we don't have that kind of asr-005716 04:04:42.220 --> 04:04:44.820 Atty. Ermar U. Benitez: smooth mechanism right now. asr-005717 04:04:45.540 --> 04:04:46.840 Atty. Ermar U. Benitez: But with the upcoming asr-005718 04:04:46.840 --> 04:04:48.300 Atty. Ermar U. Benitez: memorandum of agreement, asr-005719 04:04:49.700 --> 04:04:50.920 Atty. Ermar U. Benitez: you can rest assured that we will asr-005720 04:04:50.920 --> 04:04:52.880 Atty. Ermar U. Benitez: include that so that there will asr-005721 04:04:52.880 --> 04:04:54.860 Atty. Ermar U. Benitez: be a more accurate asr-005722 04:04:54.860 --> 04:04:57.120 Atty. Ermar U. Benitez: monitoring of the industry. asr-005723 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, asr-005724 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. asr-005725 04:05:35.320 --> 04:05:36.800 Senator Joseph Victor "JV" G. Ejercito: Thank you very much for actively participating asr-005726 04:05:36.800 --> 04:05:38.920 Senator Joseph Victor "JV" G. Ejercito: in our discussions today. asr-005727 04:05:40.740 --> 04:05:41.300 Senator Joseph Victor "JV" G. Ejercito: Although asr-005728 04:05:41.300 --> 04:05:43.000 Senator Joseph Victor "JV" G. Ejercito: we're quite early, asr-005729 04:05:43.420 --> 04:05:45.720 Senator Joseph Victor "JV" G. Ejercito: Wala masyadong ano. asr-005730 04:05:45.720 --> 04:05:47.980 Senator Joseph Victor "JV" G. Ejercito: Pasensya na, asr-005731 04:05:47.980 --> 04:05:49.480 Senator Joseph Victor "JV" G. Ejercito: Sorry, we have to do it because of our asr-005732 04:05:49.480 --> 04:05:51.180 Senator Joseph Victor "JV" G. Ejercito: tight schedule. We have to do asr-005733 04:05:51.180 --> 04:05:53.080 Senator Joseph Victor "JV" G. Ejercito: simultaneous hearings. asr-005734 04:05:53.520 --> 04:05:55.440 Senator Joseph Victor "JV" G. Ejercito: But be prepared for asr-005735 04:05:55.440 --> 04:05:57.120 Senator Joseph Victor "JV" G. Ejercito: the plenary kasi nga wala masyadong asr-005736 04:05:57.120 --> 04:05:57.600 Senator Joseph Victor "JV" G. Ejercito: dumating. So, asr-005737 04:05:58.440 --> 04:06:01.640 Senator Joseph Victor "JV" G. Ejercito: be prepared for that. asr-005738 04:06:01.780 --> 04:06:03.280 Senator Joseph Victor "JV" G. Ejercito: So, there being no other questions, asr-005739 04:06:03.480 --> 04:06:05.160 Senator Joseph Victor "JV" G. Ejercito: the budget, the Department of Finance, asr-005740 04:06:05.760 --> 04:06:07.700 Senator Joseph Victor "JV" G. Ejercito: including its attached agencies and corporations asr-005741 04:06:07.700 --> 04:06:09.300 Senator Joseph Victor "JV" G. Ejercito: is deemed submitted for the plenary's asr-005742 04:06:09.300 --> 04:06:11.580 Senator Joseph Victor "JV" G. Ejercito: consideration subject to the discussion asr-005743 04:06:11.580 --> 04:06:13.380 Senator Joseph Victor "JV" G. Ejercito: and submission asr-005744 04:06:13.380 --> 04:06:15.120 Senator Joseph Victor "JV" G. Ejercito: of documents required. asr-005745 04:06:15.680 --> 04:06:17.120 Senator Joseph Victor "JV" G. Ejercito: This briefing is hereby suspended. asr-005746 04:06:17.280 --> 04:06:18.000 Senator Joseph Victor "JV" G. Ejercito: Thank you. Thank you. asr-005747 04:06:18.940 --> 04:06:21.020 DOF Secretary Frederick D. Go: Mr. Chair, when is the plenary asr-005748 04:06:21.020 --> 04:06:22.020 DOF Secretary Frederick D. Go: do you estimate?