← Sessions

Timed transcript

DOF

Senate Committee on Finance · September 22, 2026

Timed working transcript

Read and verify

Speaker names reflect the current reviewed attribution. Each turn retains its stable source ID.

Senator Joseph Victor "JV" G. Ejercito

asr-000086

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.

Senator Joseph Victor "JV" G. Ejercito

asr-000087

So at this juncture, I'd like to recognize the Committee Secretary to acknowledge the resource persons present for today.

Committee Secretary

asr-000087-split-2

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,

Committee Secretary

asr-000088

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 NiÃ±o Raymond Alvina, Undersecretary Carlo Fermin Adriano, Undersecretary Catherine Fong, Undersecretary Maria Angela Ignacio, Undersecretary Rolando Ligon Jr., and Undersecretary Joven Balbosa.

Committee Secretary

asr-000089

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.

Committee Secretary

asr-000090

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.

Committee Secretary

asr-000094

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.

Committee Secretary

asr-000095

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.

Committee Secretary

asr-000096

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.

Committee Secretary

asr-000097

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

Committee Secretary

asr-000098

Ms. Faith Quintero and Ms. Hannah Navarro.

Committee Secretary

asr-000099

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.

Committee Secretary

asr-000100

Thank you, Mr. Chair.

Senator Joseph Victor "JV" G. Ejercito

asr-000101

Thank you, ComSec.

Senator Joseph Victor "JV" G. Ejercito

asr-000102

The Chair would like to acknowledge the presence of Senator Francis Pangilina. Thank you, sir, for joining us.

Senator Francis Kiko Pangilinan

asr-000103

Thank you.

Senator Joseph Victor "JV" G. Ejercito

asr-000104

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.

Senator Joseph Victor "JV" G. Ejercito

asr-000105

Today, the Committee on Finance will deliberate the proposed budget of the DOF, its attached agencies, and cooperation for the fiscal year 2027,

Senator Joseph Victor "JV" G. Ejercito

asr-000106

and discuss relevant points in strengthening our economy.

Senator Joseph Victor "JV" G. Ejercito

asr-000109

Our revenue efforts, managing debt levels, and expanding our financial resources.

Senator Joseph Victor "JV" G. Ejercito

asr-000110

The Department of Finance plays a critical role in ensuring that the government has sufficient resources to fund our priorities,

Senator Joseph Victor "JV" G. Ejercito

asr-000111

from healthcare and education to infrastructure, agriculture, social protection, and other essential services.

Senator Joseph Victor "JV" G. Ejercito

asr-000112

To fund government programs and projects, revenue collection is critical.

Senator Joseph Victor "JV" G. Ejercito

asr-000114

Kailangan nating malaman ang improvement sa

Senator Joseph Victor "JV" G. Ejercito

asr-000115

BIR tax administration, digitalization at enforcement ay talagang nagresulta sa mas mataas na koleksyon,

Senator Joseph Victor "JV" G. Ejercito

asr-000116

mas maayos na compliance at mas kaunting tax leakages.

Senator Joseph Victor "JV" G. Ejercito

asr-000117

On the other hand, Bureau of Customs continues to face persistent challenges

Senator Joseph Victor "JV" G. Ejercito

asr-000118

in combating smuggling and illicit trade.

Senator Joseph Victor "JV" G. Ejercito

asr-000119

Kaya nais nating malaman sa kabila ng mas mababang budget ngayong taon,

Senator Joseph Victor "JV" G. Ejercito

asr-000120

kaya ba nating palakasin ang border protection,

Senator Joseph Victor "JV" G. Ejercito

asr-000121

masugpo ang smuggling at mapataas ang revenue collection.

Senator Joseph Victor "JV" G. Ejercito

asr-000122

As the government continues to operate within a challenging fiscal environment

Senator Joseph Victor "JV" G. Ejercito

asr-000123

and as we seek additional revenues, equally important are sound debt management,

Senator Joseph Victor "JV" G. Ejercito

asr-000124

responsible borrowing, and prudent spending.

Senator Joseph Victor "JV" G. Ejercito

asr-000125

So in discussing the proposed budget today, we want clear answers on three basic questions.

Senator Joseph Victor "JV" G. Ejercito

asr-000126

Tama at sapat ba ang ating kinukulekta?

Senator Joseph Victor "JV" G. Ejercito

asr-000127

Maayos at efficient ba nating ginagamit ang bawat piso?

Senator Joseph Victor "JV" G. Ejercito

asr-000128

At responsable ba nating pinamamahalan ang ating utang at fiscal obligations

Senator Joseph Victor "JV" G. Ejercito

asr-000129

upang hindi nating ipasa sa susunod na henerasyon?

Senator Joseph Victor "JV" G. Ejercito

asr-000130

As our economy and fiscal needs continue to evolve,

Senator Joseph Victor "JV" G. Ejercito

asr-000131

we must ensure that our country remains in a stable and sustainable fiscal position.

Senator Joseph Victor "JV" G. Ejercito

asr-000132

And we owe it to the Filipino taxpayers to ensure that every peso requested

Senator Joseph Victor "JV" G. Ejercito

asr-000133

is a peso efficiently and responsibly spent.

Senator Joseph Victor "JV" G. Ejercito

asr-000134

Today's hearing gives us an opportunity

Senator Joseph Victor "JV" G. Ejercito

asr-000135

to examine whether we can achieve a sustainable future

Senator Joseph Victor "JV" G. Ejercito

asr-000136

and whether our revenue strategies, borrowings, investments,

Senator Joseph Victor "JV" G. Ejercito

asr-000137

and financing mechanisms are putting us on the right track,

Senator Joseph Victor "JV" G. Ejercito

asr-000138

not only for the coming year but for the years ahead.

Senator Joseph Victor "JV" G. Ejercito

asr-000139

Thank you very much.

Senator Joseph Victor "JV" G. Ejercito

asr-000140

And welcome, Secretary Frederick Go, the Undersecretaries,

Senator Joseph Victor "JV" G. Ejercito

asr-000141

Treasurer Sharon Almanza, the USECs, ASECs, and the heads of agencies.

Senator Joseph Victor "JV" G. Ejercito

asr-000142

Welcome to the DOF budget briefing.

Senator Joseph Victor "JV" G. Ejercito

asr-000143

Thank you.

Senator Joseph Victor "JV" G. Ejercito

asr-000144

I have worked with a lot of people.

Senator Joseph Victor "JV" G. Ejercito

asr-000145

Some of you, familiar faces.

Senator Joseph Victor "JV" G. Ejercito

asr-000146

We have passed a lot of vital measures.

Senator Joseph Victor "JV" G. Ejercito

asr-000147

Pinagod niyo ako.

Senator Joseph Victor "JV" G. Ejercito

asr-000148

Ilang measures yun, mga technical, but through your help.

Senator Joseph Victor "JV" G. Ejercito

asr-000149

Yung si Carlo, yung si Catherine Fong.

Senator Joseph Victor "JV" G. Ejercito

asr-000150

These are the people that backstop, that make me look good.

Senator Joseph Victor "JV" G. Ejercito

asr-000151

Kahit nahirap at technical yung mga pinagpapasako, salamat sa inyo.

Senator Joseph Victor "JV" G. Ejercito

asr-000152

Anyway, I'd like to ask Senator Francis Kiko Pangilinan

Senator Joseph Victor "JV" G. Ejercito

asr-000153

for his opinion.

Senator Joseph Victor "JV" G. Ejercito

asr-000154

His opening statements, if there's any.

Senator Francis Kiko Pangilinan

asr-000155

I would rather listen to their presentations, Mr. Chairperson.

Senator Joseph Victor "JV" G. Ejercito

asr-000156

Okay, since there are no more questions,

Senator Joseph Victor "JV" G. Ejercito

asr-000157

I now call on Secretary Frederick Go to deliver his opening statement

Senator Joseph Victor "JV" G. Ejercito

asr-000158

and to present the 2027 proposed expenditure program

Senator Joseph Victor "JV" G. Ejercito

asr-000159

of the Department of Finance and its attached agencies and corporations.

Senator Joseph Victor "JV" G. Ejercito

asr-000160

The floor, sir.

DOF Secretary Frederick D. Go

asr-000161

Thank you, Chairperson Senator JV Ejercito,

DOF Secretary Frederick D. Go

asr-000162

Vice Chairperson, Senator Kiko Pangilinan,

DOF Secretary Frederick D. Go

asr-000163

Senate Committee Member,

DOF Secretary Frederick D. Go

asr-000164

members, colleagues in government, good afternoon.

DOF Secretary Frederick D. Go

asr-000165

Thank you for this opportunity to present the proposed

DOF Secretary Frederick D. Go

asr-000166

fiscal year 2027 budget of the Department of Finance,

DOF Secretary Frederick D. Go

asr-000167

its bureaus, and attached agencies.

DOF Secretary Frederick D. Go

asr-000168

The DOF has a critical mandate,

DOF Secretary Frederick D. Go

asr-000169

raise resources the government needs,

DOF Secretary Frederick D. Go

asr-000170

manage them responsibly,

DOF Secretary Frederick D. Go

asr-000171

and protect the country's fiscal stability.

DOF Secretary Frederick D. Go

asr-000172

We are the government's fundraiser,

DOF Secretary Frederick D. Go

asr-000173

but raising revenue is only one part of the job.

DOF Secretary Frederick D. Go

asr-000174

We also have to manage debt,

DOF Secretary Frederick D. Go

asr-000175

strengthen financial systems,

DOF Secretary Frederick D. Go

asr-000176

improve tax and customs administration,

DOF Secretary Frederick D. Go

asr-000177

and make sure that the government has the fiscal space

DOF Secretary Frederick D. Go

asr-000178

to fund its priorities.

DOF Secretary Frederick D. Go

asr-000179

When this administration took office in 2022,

DOF Secretary Frederick D. Go

asr-000180

the country was carrying 12.79 trillion

DOF Secretary Frederick D. Go

asr-000181

in national government debt,

DOF Secretary Frederick D. Go

asr-000182

much of it accumulated during the pandemic.

DOF Secretary Frederick D. Go

asr-000183

Our task since then has been clear,

DOF Secretary Frederick D. Go

asr-000184

rebuild fiscal space,

DOF Secretary Frederick D. Go

asr-000185

while continuing to support growth

DOF Secretary Frederick D. Go

asr-000186

and invest in the country's future.

DOF Secretary Frederick D. Go

asr-000187

As a response,

DOF Secretary Frederick D. Go

asr-000188

we crafted the country's medium-term fiscal framework in 2022,

DOF Secretary Frederick D. Go

asr-000189

the government's blueprint for reducing our deficit and debt

DOF Secretary Frederick D. Go

asr-000190

as a percentage of GDP,

DOF Secretary Frederick D. Go

asr-000191

while creating more jobs,

DOF Secretary Frederick D. Go

asr-000192

increasing people's incomes,

DOF Secretary Frederick D. Go

asr-000193

and reducing poverty.

DOF Secretary Frederick D. Go

asr-000194

It set us on a path of gradual and sustained fiscal consolidation

DOF Secretary Frederick D. Go

asr-000195

to restore fiscal space,

DOF Secretary Frederick D. Go

asr-000196

while continuing to invest in the future,

DOF Secretary Frederick D. Go

asr-000197

while continuing to invest in the foundations of growth.

DOF Secretary Frederick D. Go

asr-000198

But our recovery has not happened in an easy environment.

DOF Secretary Frederick D. Go

asr-000199

Over the years,

DOF Secretary Frederick D. Go

asr-000200

external pressures and global uncertainties

DOF Secretary Frederick D. Go

asr-000201

have disrupted supply chains

DOF Secretary Frederick D. Go

asr-000202

and pushed inflation up,

DOF Secretary Frederick D. Go

asr-000203

affecting the pace of growth.

DOF Secretary Frederick D. Go

asr-000204

In this context,

DOF Secretary Frederick D. Go

asr-000205

we needed to recalibrate our growth and fiscal targets

DOF Secretary Frederick D. Go

asr-000206

to keep them realistic and responsive

DOF Secretary Frederick D. Go

asr-000207

to evolving economic conditions.

DOF Secretary Frederick D. Go

asr-000208

But the direction of our fiscal policy

DOF Secretary Frederick D. Go

asr-000209

has remained consistent.

DOF Secretary Frederick D. Go

asr-000210

We have been working hard to ensure that

DOF Secretary Frederick D. Go

asr-000211

we have pursued stronger revenue collection,

DOF Secretary Frederick D. Go

asr-000212

disciplined expenditure,

DOF Secretary Frederick D. Go

asr-000213

and prudent debt management.

DOF Secretary Frederick D. Go

asr-000214

Total revenues have grown by an average of 10.54% annually

DOF Secretary Frederick D. Go

asr-000215

over the last four years.

DOF Secretary Frederick D. Go

asr-000216

And in 2025,

DOF Secretary Frederick D. Go

asr-000217

the BIR surpassed 3 trillion pesos

DOF Secretary Frederick D. Go

asr-000218

in tax collections for the first time.

DOF Secretary Frederick D. Go

asr-000219

We continue to strengthen collections

DOF Secretary Frederick D. Go

asr-000220

while mobilizing additional non-tax revenues

DOF Secretary Frederick D. Go

asr-000221

and managing the economy.

DOF Secretary Frederick D. Go

asr-000222

As a result,

DOF Secretary Frederick D. Go

asr-000223

the fiscal deficit has continued to narrow

DOF Secretary Frederick D. Go

asr-000224

as we remain on track

DOF Secretary Frederick D. Go

asr-000225

toward our medium-term consolidation targets.

DOF Secretary Frederick D. Go

asr-000226

From 8.6% in 2021

DOF Secretary Frederick D. Go

asr-000227

and 7.3% in 2022,

DOF Secretary Frederick D. Go

asr-000228

we are bringing it down to 5.4%

DOF Secretary Frederick D. Go

asr-000229

by the end of 2026.

DOF Secretary Frederick D. Go

asr-000230

Our debt indicators also remain manageable.

DOF Secretary Frederick D. Go

asr-000231

In 2025,

DOF Secretary Frederick D. Go

asr-000232

national government debt stood at 63.2% of GDP

DOF Secretary Frederick D. Go

asr-000233

while general government debt settled at 56.8% of GDP,

DOF Secretary Frederick D. Go

asr-000234

well below the 70% international benchmark

DOF Secretary Frederick D. Go

asr-000235

for debt sustainability

DOF Secretary Frederick D. Go

asr-000236

and within a manageable range

DOF Secretary Frederick D. Go

asr-000237

compared with other emerging economies.

DOF Secretary Frederick D. Go

asr-000238

More importantly,

DOF Secretary Frederick D. Go

asr-000239

we have maintained a prudent debt mix,

DOF Secretary Frederick D. Go

asr-000240

predominantly domestic,

DOF Secretary Frederick D. Go

asr-000241

predominantly carrying fixed interest rates,

DOF Secretary Frederick D. Go

asr-000242

and predominantly,

DOF Secretary Frederick D. Go

asr-000243

structured with long repayment terms

DOF Secretary Frederick D. Go

asr-000244

of at least five years.

DOF Secretary Frederick D. Go

asr-000245

First,

DOF Secretary Frederick D. Go

asr-000246

67% of our debt is domestic.

DOF Secretary Frederick D. Go

asr-000247

This reduces our exposure to foreign exchange risks

DOF Secretary Frederick D. Go

asr-000248

while also supporting the continued development

DOF Secretary Frederick D. Go

asr-000249

of our local capital market.

DOF Secretary Frederick D. Go

asr-000250

Second,

DOF Secretary Frederick D. Go

asr-000251

90% of our debt carries fixed interest rates.

DOF Secretary Frederick D. Go

asr-000252

This provides greater certainty

DOF Secretary Frederick D. Go

asr-000253

in our debt servicing costs

DOF Secretary Frederick D. Go

asr-000254

and shields us from sudden increases

DOF Secretary Frederick D. Go

asr-000255

or fluctuations

DOF Secretary Frederick D. Go

asr-000256

in global interest rates.

DOF Secretary Frederick D. Go

asr-000257

And third,

DOF Secretary Frederick D. Go

asr-000258

84.1% of our debt

DOF Secretary Frederick D. Go

asr-000259

has long-term repayment periods,

DOF Secretary Frederick D. Go

asr-000260

meaning we have several years

DOF Secretary Frederick D. Go

asr-000261

before these obligations fall due.

DOF Secretary Frederick D. Go

asr-000262

These generally refer to debt

DOF Secretary Frederick D. Go

asr-000263

with maturities of over five years.

DOF Secretary Frederick D. Go

asr-000264

This longer maturity profile

DOF Secretary Frederick D. Go

asr-000265

reduces our refinancing risks

DOF Secretary Frederick D. Go

asr-000266

and gives us greater predictability

DOF Secretary Frederick D. Go

asr-000267

in managing our debt obligations.

DOF Secretary Frederick D. Go

asr-000268

This strategic,

DOF Secretary Frederick D. Go

asr-000269

borrowing mix

DOF Secretary Frederick D. Go

asr-000270

strengthened our resilience

DOF Secretary Frederick D. Go

asr-000271

to external shocks

DOF Secretary Frederick D. Go

asr-000272

and made our debt obligations

DOF Secretary Frederick D. Go

asr-000273

more predictable

DOF Secretary Frederick D. Go

asr-000274

and manageable

DOF Secretary Frederick D. Go

asr-000275

over the long term.

DOF Secretary Frederick D. Go

asr-000276

The market's assessment

DOF Secretary Frederick D. Go

asr-000277

of our fiscal fundamentals

DOF Secretary Frederick D. Go

asr-000278

is also reflected

DOF Secretary Frederick D. Go

asr-000279

in the confidence

DOF Secretary Frederick D. Go

asr-000280

of international investors.

DOF Secretary Frederick D. Go

asr-000281

Our sovereign credit ratings

DOF Secretary Frederick D. Go

asr-000282

remain at investment-grade levels.

DOF Secretary Frederick D. Go

asr-000283

We have two A- ratings

DOF Secretary Frederick D. Go

asr-000284

from Japanese credit rating agencies,

DOF Secretary Frederick D. Go

asr-000285

and this reflects

DOF Secretary Frederick D. Go

asr-000286

continued confidence

DOF Secretary Frederick D. Go

asr-000287

in the country's

DOF Secretary Frederick D. Go

asr-000288

economic fundamentals

DOF Secretary Frederick D. Go

asr-000289

and our capacity

DOF Secretary Frederick D. Go

asr-000290

to manage our public finances.

DOF Secretary Frederick D. Go

asr-000291

Higher credit ratings reflect

DOF Secretary Frederick D. Go

asr-000292

minimal default risk,

DOF Secretary Frederick D. Go

asr-000293

signaling lenders

DOF Secretary Frederick D. Go

asr-000294

to offer lower interest rates.

DOF Secretary Frederick D. Go

asr-000295

When the country can borrow

DOF Secretary Frederick D. Go

asr-000296

at lower interest rates,

DOF Secretary Frederick D. Go

asr-000297

private businesses can also borrow

DOF Secretary Frederick D. Go

asr-000298

at lower interest rates.

DOF Secretary Frederick D. Go

asr-000299

We have also seen progress

DOF Secretary Frederick D. Go

asr-000300

in our integration

DOF Secretary Frederick D. Go

asr-000301

into global capital markets

DOF Secretary Frederick D. Go

asr-000302

with the upcoming historic debut

DOF Secretary Frederick D. Go

asr-000303

of our peso-denominated government bonds in

DOF Secretary Frederick D. Go

asr-000304

JPMorgan's Government Bond Index

DOF Secretary Frederick D. Go

asr-000305

Emerging Markets

DOF Secretary Frederick D. Go

asr-000306

in January 2027.

DOF Secretary Frederick D. Go

asr-000307

This is significant

DOF Secretary Frederick D. Go

asr-000308

because our first-ever inclusion

DOF Secretary Frederick D. Go

asr-000309

in a major global bond index

DOF Secretary Frederick D. Go

asr-000310

reflects a strong vote of confidence

DOF Secretary Frederick D. Go

asr-000311

in our solid fundamentals

DOF Secretary Frederick D. Go

asr-000312

and fiscal discipline.

DOF Secretary Frederick D. Go

asr-000313

These results are the product

DOF Secretary Frederick D. Go

asr-000314

of disciplined fiscal management,

DOF Secretary Frederick D. Go

asr-000315

and the 2027 proposed budget

DOF Secretary Frederick D. Go

asr-000316

carries that same discipline forward.

DOF Secretary Frederick D. Go

asr-000317

For next year,

DOF Secretary Frederick D. Go

asr-000318

our new general appropriations

DOF Secretary Frederick D. Go

asr-000319

amount to 28.6 billion pesos.

DOF Secretary Frederick D. Go

asr-000320

Automatic appropriations

DOF Secretary Frederick D. Go

asr-000321

will be 3.4 billion pesos,

DOF Secretary Frederick D. Go

asr-000322

including retirement

DOF Secretary Frederick D. Go

asr-000323

and life insurance premiums

DOF Secretary Frederick D. Go

asr-000324

and special accounts

DOF Secretary Frederick D. Go

asr-000325

in the general fund.

DOF Secretary Frederick D. Go

asr-000326

Overall, we have a department-wide allocation

DOF Secretary Frederick D. Go

asr-000327

of 32.034 billion pesos,

DOF Secretary Frederick D. Go

asr-000328

which is 3.49% lower

DOF Secretary Frederick D. Go

asr-000329

than the 2026 GAA level,

DOF Secretary Frederick D. Go

asr-000330

equivalent to a decrease

DOF Secretary Frederick D. Go

asr-000331

of 1.159 billion pesos.

DOF Secretary Frederick D. Go

asr-000332

Against a government

DOF Secretary Frederick D. Go

asr-000333

that must raise trillions of pesos

DOF Secretary Frederick D. Go

asr-000334

in revenue

DOF Secretary Frederick D. Go

asr-000335

and finance trillions more

DOF Secretary Frederick D. Go

asr-000336

in public expenditure,

DOF Secretary Frederick D. Go

asr-000337

the DOF and its attached agencies

DOF Secretary Frederick D. Go

asr-000338

operate on a relatively small budget

DOF Secretary Frederick D. Go

asr-000339

at 19.4 billion pesos.

DOF Secretary Frederick D. Go

asr-000340

This accounts for more than half

DOF Secretary Frederick D. Go

asr-000341

or about 61% of the total

DOF Secretary Frederick D. Go

asr-000342

DOF proposed budget.

DOF Secretary Frederick D. Go

asr-000343

Against this budget,

DOF Secretary Frederick D. Go

asr-000344

the BIR is expected to collect

DOF Secretary Frederick D. Go

asr-000345

approximately 3.7 trillion pesos

DOF Secretary Frederick D. Go

asr-000346

in 2027.

DOF Secretary Frederick D. Go

asr-000347

In other words,

DOF Secretary Frederick D. Go

asr-000348

the BIR's entire proposed budget

DOF Secretary Frederick D. Go

asr-000349

is equivalent to two days

DOF Secretary Frederick D. Go

asr-000350

of projected collections.

DOF Secretary Frederick D. Go

asr-000351

The Bureau of Customs or the BOC,

DOF Secretary Frederick D. Go

asr-000352

on the other hand,

DOF Secretary Frederick D. Go

asr-000353

has a proposed budget

DOF Secretary Frederick D. Go

asr-000354

of 5.9 billion pesos

DOF Secretary Frederick D. Go

asr-000355

against projected collections

DOF Secretary Frederick D. Go

asr-000356

of approximately 1.1 trillion pesos.

DOF Secretary Frederick D. Go

asr-000357

Its proposed budget is likewise

DOF Secretary Frederick D. Go

asr-000358

equivalent to about

DOF Secretary Frederick D. Go

asr-000359

two days of collections.

DOF Secretary Frederick D. Go

asr-000360

The Bureau of Treasury or the BTR

DOF Secretary Frederick D. Go

asr-000361

has a proposed allocation

DOF Secretary Frederick D. Go

asr-000362

of 4.1 billion pesos.

DOF Secretary Frederick D. Go

asr-000363

Its responsibility is to manage

DOF Secretary Frederick D. Go

asr-000364

the government's cash,

DOF Secretary Frederick D. Go

asr-000365

debt, and financing requirements,

DOF Secretary Frederick D. Go

asr-000366

including the funding

DOF Secretary Frederick D. Go

asr-000367

of the projected

DOF Secretary Frederick D. Go

asr-000368

1.7 trillion pesos

DOF Secretary Frederick D. Go

asr-000369

fiscal deficit in 2027.

DOF Secretary Frederick D. Go

asr-000370

In terms of allocation,

DOF Secretary Frederick D. Go

asr-000371

about 52% of our proposed budget

DOF Secretary Frederick D. Go

asr-000372

under the new government is

DOF Secretary Frederick D. Go

asr-000373

under the new general

DOF Secretary Frederick D. Go

asr-000374

and automatic appropriations

DOF Secretary Frederick D. Go

asr-000375

goes to personal services,

DOF Secretary Frederick D. Go

asr-000376

35% to maintenance

DOF Secretary Frederick D. Go

asr-000377

and other operating expenses,

DOF Secretary Frederick D. Go

asr-000378

and about 13% to capital outlays,

DOF Secretary Frederick D. Go

asr-000379

and less than 1% to financial expenses.

DOF Secretary Frederick D. Go

asr-000380

This allocation reflects our focus

DOF Secretary Frederick D. Go

asr-000381

on workforce upskilling

DOF Secretary Frederick D. Go

asr-000382

and digital infrastructure.

DOF Secretary Frederick D. Go

asr-000383

Digitalization and modernization

DOF Secretary Frederick D. Go

asr-000384

initiatives remain a high priority

DOF Secretary Frederick D. Go

asr-000385

across all agencies

DOF Secretary Frederick D. Go

asr-000386

with a total budget

DOF Secretary Frederick D. Go

asr-000387

of 3.8 billion pesos

DOF Secretary Frederick D. Go

asr-000388

to transform processes,

DOF Secretary Frederick D. Go

asr-000389

integrate systems,

DOF Secretary Frederick D. Go

asr-000390

and deliver faster,

DOF Secretary Frederick D. Go

asr-000391

more efficient services.

DOF Secretary Frederick D. Go

asr-000392

At about 66%,

DOF Secretary Frederick D. Go

asr-000393

the BIR accounts

DOF Secretary Frederick D. Go

asr-000394

for the largest piece of the pie,

DOF Secretary Frederick D. Go

asr-000395

followed by the Bureau of Customs

DOF Secretary Frederick D. Go

asr-000396

at about 15%.

DOF Secretary Frederick D. Go

asr-000397

These investments are designed

DOF Secretary Frederick D. Go

asr-000398

to make compliance easier

DOF Secretary Frederick D. Go

asr-000399

for taxpayers,

DOF Secretary Frederick D. Go

asr-000400

cut red tape,

DOF Secretary Frederick D. Go

asr-000401

and foster a culture

DOF Secretary Frederick D. Go

asr-000402

of transparency

DOF Secretary Frederick D. Go

asr-000403

in line with the President's call

DOF Secretary Frederick D. Go

asr-000404

for zero tolerance on

DOF Secretary Frederick D. Go

asr-000405

Corruption.

DOF Secretary Frederick D. Go

asr-000406

Now, allow me to present

DOF Secretary Frederick D. Go

asr-000407

the specific budget proposals

DOF Secretary Frederick D. Go

asr-000408

of each DOF agency.

DOF Secretary Frederick D. Go

asr-000409

As mentioned,

DOF Secretary Frederick D. Go

asr-000410

the BIR has a proposed budget

DOF Secretary Frederick D. Go

asr-000411

of 19.4 billion pesos,

DOF Secretary Frederick D. Go

asr-000412

which is 6.9% higher

DOF Secretary Frederick D. Go

asr-000413

than this year's GAA.

DOF Secretary Frederick D. Go

asr-000414

This increase is driven in part

DOF Secretary Frederick D. Go

asr-000415

by higher personnel services,

DOF Secretary Frederick D. Go

asr-000416

following the compensation adjustments

DOF Secretary Frederick D. Go

asr-000417

under EO64,

DOF Secretary Frederick D. Go

asr-000418

Series of 2024.

DOF Secretary Frederick D. Go

asr-000419

Meanwhile,

DOF Secretary Frederick D. Go

asr-000420

MOOE will grow by 22.9%

DOF Secretary Frederick D. Go

asr-000421

to cover increased operating needs

DOF Secretary Frederick D. Go

asr-000422

and ensure the continuity

DOF Secretary Frederick D. Go

asr-000423

of the Bureau's critical programs.

DOF Secretary Frederick D. Go

asr-000424

On the other hand,

DOF Secretary Frederick D. Go

asr-000425

following the budget increase

DOF Secretary Frederick D. Go

asr-000426

for building construction

DOF Secretary Frederick D. Go

asr-000427

and motor vehicle acquisition

DOF Secretary Frederick D. Go

asr-000428

under the 2026 GAA,

DOF Secretary Frederick D. Go

asr-000429

capital outlays are proposed

DOF Secretary Frederick D. Go

asr-000430

to be 83.2% lower

DOF Secretary Frederick D. Go

asr-000431

in the 2027 budget.

DOF Secretary Frederick D. Go

asr-000432

The BOC's proposed 2027 budget

DOF Secretary Frederick D. Go

asr-000433

of 5.9 billion pesos,

DOF Secretary Frederick D. Go

asr-000434

on the other hand,

DOF Secretary Frederick D. Go

asr-000435

is 9.7% lower

DOF Secretary Frederick D. Go

asr-000436

than its 2026 budget.

DOF Secretary Frederick D. Go

asr-000437

A substantial part

DOF Secretary Frederick D. Go

asr-000438

of the reduction

DOF Secretary Frederick D. Go

asr-000439

is in MOOE,

DOF Secretary Frederick D. Go

asr-000440

particularly in ICT-related requirements.

DOF Secretary Frederick D. Go

asr-000441

Our priority is to make full

DOF Secretary Frederick D. Go

asr-000442

and effective use

DOF Secretary Frederick D. Go

asr-000443

of existing digital systems,

DOF Secretary Frederick D. Go

asr-000444

improve integration across platforms,

DOF Secretary Frederick D. Go

asr-000445

and fund the critical requirements

DOF Secretary Frederick D. Go

asr-000446

needed to move modernization forward.

DOF Secretary Frederick D. Go

asr-000447

This year-on-year comparison

DOF Secretary Frederick D. Go

asr-000448

is also affected

DOF Secretary Frederick D. Go

asr-000449

by the 180.5 million confidential funds

DOF Secretary Frederick D. Go

asr-000450

specifically provided in the 2026 GAA,

DOF Secretary Frederick D. Go

asr-000451

which is no longer included

DOF Secretary Frederick D. Go

asr-000452

in the 2027 NEP.

DOF Secretary Frederick D. Go

asr-000453

Even with a lower budget,

DOF Secretary Frederick D. Go

asr-000454

our direction,

DOF Secretary Frederick D. Go

asr-000455

through the BOC,

DOF Secretary Frederick D. Go

asr-000456

remains clear and firm,

DOF Secretary Frederick D. Go

asr-000457

faster and more transparent processes,

DOF Secretary Frederick D. Go

asr-000458

better use of technology,

DOF Secretary Frederick D. Go

asr-000459

more effective border administration

DOF Secretary Frederick D. Go

asr-000460

and enforcement,

DOF Secretary Frederick D. Go

asr-000461

and more efficient

DOF Secretary Frederick D. Go

asr-000462

revenue collection.

DOF Secretary Frederick D. Go

asr-000463

Meanwhile,

DOF Secretary Frederick D. Go

asr-000464

the BTR's proposed 2027 budget

DOF Secretary Frederick D. Go

asr-000465

is 4.1 billion pesos,

DOF Secretary Frederick D. Go

asr-000466

which is 13.7% lower

DOF Secretary Frederick D. Go

asr-000467

than its 2026 GAA level.

DOF Secretary Frederick D. Go

asr-000468

Most of the reduction

DOF Secretary Frederick D. Go

asr-000469

is in MOOE

DOF Secretary Frederick D. Go

asr-000470

for national government-related requirements,

DOF Secretary Frederick D. Go

asr-000471

which declines

DOF Secretary Frederick D. Go

asr-000472

from 576 million pesos

DOF Secretary Frederick D. Go

asr-000473

to 45.8 million pesos.

DOF Secretary Frederick D. Go

asr-000474

Based on the BTR's projections,

DOF Secretary Frederick D. Go

asr-000475

available 2026 appropriations

DOF Secretary Frederick D. Go

asr-000476

that remain valid through 2027

DOF Secretary Frederick D. Go

asr-000477

are expected to be sufficient

DOF Secretary Frederick D. Go

asr-000478

to cover bank transaction fees

DOF Secretary Frederick D. Go

asr-000479

paid to authorized government depository banks

DOF Secretary Frederick D. Go

asr-000480

and authorized agent banks

DOF Secretary Frederick D. Go

asr-000481

for processing collections

DOF Secretary Frederick D. Go

asr-000482

of the BIR, BOC,

DOF Secretary Frederick D. Go

asr-000483

and the national collecting officers

DOF Secretary Frederick D. Go

asr-000484

throughout the year.

DOF Secretary Frederick D. Go

asr-000485

This adjustment is consistent

DOF Secretary Frederick D. Go

asr-000486

with the funding level

DOF Secretary Frederick D. Go

asr-000487

recommended by the DBM.

DOF Secretary Frederick D. Go

asr-000488

The proposed 2027 budget

DOF Secretary Frederick D. Go

asr-000489

of the DOF Office of the Secretary

DOF Secretary Frederick D. Go

asr-000490

is 1.1 billion pesos,

DOF Secretary Frederick D. Go

asr-000491

which is 13% lower

DOF Secretary Frederick D. Go

asr-000492

than its 2026 GAA level.

DOF Secretary Frederick D. Go

asr-000493

I am proud that DOF

DOF Secretary Frederick D. Go

asr-000494

and several of our attached agencies

DOF Secretary Frederick D. Go

asr-000495

reduced our budget

DOF Secretary Frederick D. Go

asr-000496

by double-digit percentages.

DOF Secretary Frederick D. Go

asr-000497

The decrease mainly comes

DOF Secretary Frederick D. Go

asr-000498

from lower funding

DOF Secretary Frederick D. Go

asr-000499

for ICT projects

DOF Secretary Frederick D. Go

asr-000500

consistent with DBM recommended levels

DOF Secretary Frederick D. Go

asr-000501

as we wind up

DOF Secretary Frederick D. Go

asr-000502

the three-year information system

DOF Secretary Frederick D. Go

asr-000503

strategic plan

DOF Secretary Frederick D. Go

asr-000504

of the DOF next year.

DOF Secretary Frederick D. Go

asr-000505

The 2027 proposal

DOF Secretary Frederick D. Go

asr-000506

also no longer includes

DOF Secretary Frederick D. Go

asr-000507

the funding provided in 2026

DOF Secretary Frederick D. Go

asr-000508

for the planned Philippine hosting

DOF Secretary Frederick D. Go

asr-000509

of the extractive industry

DOF Secretary Frederick D. Go

asr-000511

Transparency Initiative Global Conference

DOF Secretary Frederick D. Go

asr-000512

The Insurance Commission's

DOF Secretary Frederick D. Go

asr-000513

2027 NEP level

DOF Secretary Frederick D. Go

asr-000514

is 656.7 million

DOF Secretary Frederick D. Go

asr-000515

which is 44.7%

DOF Secretary Frederick D. Go

asr-000516

lower than its 2026

DOF Secretary Frederick D. Go

asr-000517

GA level. The decrease is

DOF Secretary Frederick D. Go

asr-000518

concentrated in MOE and capital

DOF Secretary Frederick D. Go

asr-000519

outlay. In the 2027

DOF Secretary Frederick D. Go

asr-000520

NEP, there's no more funding provision

DOF Secretary Frederick D. Go

asr-000521

for motor vehicles and certain

DOF Secretary Frederick D. Go

asr-000522

traveling, training, and consultancy

DOF Secretary Frederick D. Go

asr-000523

expenses. Funding for

DOF Secretary Frederick D. Go

asr-000524

ICT requirements under the Commission's

DOF Secretary Frederick D. Go

asr-000525

Information Systems Strategic Plan and

DOF Secretary Frederick D. Go

asr-000526

for other professional services

DOF Secretary Frederick D. Go

asr-000527

is also lower.

DOF Secretary Frederick D. Go

asr-000528

These amounts are consistent with the funding

DOF Secretary Frederick D. Go

asr-000529

levels recommended by

DOF Secretary Frederick D. Go

asr-000530

DBM for 2027.

DOF Secretary Frederick D. Go

asr-000531

The BLGF NEP level is

DOF Secretary Frederick D. Go

asr-000532

568.5 million pesos

DOF Secretary Frederick D. Go

asr-000533

which is 42.9%

DOF Secretary Frederick D. Go

asr-000534

lower than its 2026

DOF Secretary Frederick D. Go

asr-000535

GA level. Most of the

DOF Secretary Frederick D. Go

asr-000536

decrease is due to the 400 million

DOF Secretary Frederick D. Go

asr-000537

allocation for the

DOF Secretary Frederick D. Go

asr-000538

ADB-assisted

DOF Secretary Frederick D. Go

asr-000539

LGRP in 2026 for which

DOF Secretary Frederick D. Go

asr-000540

there is no corresponding provision in

DOF Secretary Frederick D. Go

asr-000541

2027 as the foreign-funded project

DOF Secretary Frederick D. Go

asr-000542

nears its completion.

DOF Secretary Frederick D. Go

asr-000543

The 2027 NEP also carries

DOF Secretary Frederick D. Go

asr-000544

no new capital outlay for digitalization

DOF Secretary Frederick D. Go

asr-000545

projects and transportation equipment

DOF Secretary Frederick D. Go

asr-000546

that were funded in 2026.

DOF Secretary Frederick D. Go

asr-000547

However, funding for

DOF Secretary Frederick D. Go

asr-000548

the BLGF's regular personal services

DOF Secretary Frederick D. Go

asr-000549

and operating requirements is higher than in

DOF Secretary Frederick D. Go

asr-000550

2026. The BLGF

DOF Secretary Frederick D. Go

asr-000551

will nevertheless continue its core work on

DOF Secretary Frederick D. Go

asr-000552

local revenue administration and fund management

DOF Secretary Frederick D. Go

asr-000553

as well as the supervision of local

DOF Secretary Frederick D. Go

asr-000554

treasury and assessment operations.

DOF Secretary Frederick D. Go

asr-000555

Finally,

DOF Secretary Frederick D. Go

asr-000556

the NTRC, PMO, and CBAA

DOF Secretary Frederick D. Go

asr-000557

account for 0.96%

DOF Secretary Frederick D. Go

asr-000558

of the DOF-wide

DOF Secretary Frederick D. Go

asr-000559

2027 NEP with a

DOF Secretary Frederick D. Go

asr-000560

combined allocation of 307.9

DOF Secretary Frederick D. Go

asr-000561

million pesos.

DOF Secretary Frederick D. Go

asr-000562

The NTRC's 2027 level

DOF Secretary Frederick D. Go

asr-000563

is 3.6% lower

DOF Secretary Frederick D. Go

asr-000564

at 148.4 million

DOF Secretary Frederick D. Go

asr-000565

pesos mainly due to the

DOF Secretary Frederick D. Go

asr-000566

non-inclusion of capital outlay provisions

DOF Secretary Frederick D. Go

asr-000567

for ICT equipment and motor vehicles

DOF Secretary Frederick D. Go

asr-000568

in the 2027 NEP.

DOF Secretary Frederick D. Go

asr-000569

The PMO's budget at

DOF Secretary Frederick D. Go

asr-000570

134.8 million pesos

DOF Secretary Frederick D. Go

asr-000571

has a very minimal increase generally

DOF Secretary Frederick D. Go

asr-000572

attributed to compensation

DOF Secretary Frederick D. Go

asr-000573

adjustments.

DOF Secretary Frederick D. Go

asr-000574

Similarly, the CBAA's proposed budget

DOF Secretary Frederick D. Go

asr-000575

of 24.7 million pesos is higher

DOF Secretary Frederick D. Go

asr-000576

mainly because of

DOF Secretary Frederick D. Go

asr-000577

increased personnel services

DOF Secretary Frederick D. Go

asr-000578

requirements under EO64.

DOF Secretary Frederick D. Go

asr-000579

As I close,

DOF Secretary Frederick D. Go

asr-000580

let me assure you that this budget proposal,

DOF Secretary Frederick D. Go

asr-000581

adheres to the highest standards of

DOF Secretary Frederick D. Go

asr-000582

fiscal discipline

DOF Secretary Frederick D. Go

asr-000583

and prudent financial management.

DOF Secretary Frederick D. Go

asr-000584

In fact, for five consecutive years,

DOF Secretary Frederick D. Go

asr-000585

the DOF Office of the

DOF Secretary Frederick D. Go

asr-000586

Secretary has earned an unmodified

DOF Secretary Frederick D. Go

asr-000587

opinion from the Commission on Audit.

DOF Secretary Frederick D. Go

asr-000588

This is a solid testament

DOF Secretary Frederick D. Go

asr-000589

that the DOF

DOF Secretary Frederick D. Go

asr-000590

raises, manages, and

DOF Secretary Frederick D. Go

asr-000591

spends public funds with integrity,

DOF Secretary Frederick D. Go

asr-000592

accountability, and utmost respect

DOF Secretary Frederick D. Go

asr-000593

for every peso earned

DOF Secretary Frederick D. Go

asr-000594

by the Filipino taxpayer.

DOF Secretary Frederick D. Go

asr-000595

Beyond the size

DOF Secretary Frederick D. Go

asr-000596

of our budget, we are equally

DOF Secretary Frederick D. Go

asr-000597

mindful of how it is executed.

DOF Secretary Frederick D. Go

asr-000598

At year-end

DOF Secretary Frederick D. Go

asr-000599

2025, the DOF-wide obligation

DOF Secretary Frederick D. Go

asr-000600

rate stood at 87%,

DOF Secretary Frederick D. Go

asr-000601

while 90% of its obligations

DOF Secretary Frederick D. Go

asr-000602

has been disbursed.

DOF Secretary Frederick D. Go

asr-000603

To update you

DOF Secretary Frederick D. Go

asr-000604

on our current year performance, as of

DOF Secretary Frederick D. Go

asr-000605

July 31, 2026, the Department,

DOF Secretary Frederick D. Go

asr-000606

its bureaus, and attached agencies had

DOF Secretary Frederick D. Go

asr-000607

obligated 49%

DOF Secretary Frederick D. Go

asr-000608

of available allotments under the

DOF Secretary Frederick D. Go

asr-000609

2026 GAA. Of these

DOF Secretary Frederick D. Go

asr-000610

obligations, 75% had

DOF Secretary Frederick D. Go

asr-000611

already been disbursed.

DOF Secretary Frederick D. Go

asr-000612

In the DOF, we understand that good

DOF Secretary Frederick D. Go

asr-000613

budget execution requires both timely

DOF Secretary Frederick D. Go

asr-000614

implementation and prudent use of public

DOF Secretary Frederick D. Go

asr-000615

funds. That same discipline

DOF Secretary Frederick D. Go

asr-000616

applies to our day-to-day operations.

DOF Secretary Frederick D. Go

asr-000617

We continue to observe

DOF Secretary Frederick D. Go

asr-000618

government-wide measures and energy

DOF Secretary Frederick D. Go

asr-000619

conservation, prudent official

DOF Secretary Frederick D. Go

asr-000620

travel, without compromising

DOF Secretary Frederick D. Go

asr-000621

public service delivery.

DOF Secretary Frederick D. Go

asr-000622

Mr. Chair, the

DOF Secretary Frederick D. Go

asr-000623

DOF may operate on a budget of 32

DOF Secretary Frederick D. Go

asr-000624

billion pesos, but we are responsible.

DOF Secretary Frederick D. Go

asr-000625

For raising and

DOF Secretary Frederick D. Go

asr-000626

managing resources measured in

DOF Secretary Frederick D. Go

asr-000627

trillions. Our

DOF Secretary Frederick D. Go

asr-000628

2027 budget is built around three priorities,

DOF Secretary Frederick D. Go

asr-000629

strengthen revenue collection, modernize

DOF Secretary Frederick D. Go

asr-000630

our systems and capabilities, and protect

DOF Secretary Frederick D. Go

asr-000631

the country's fiscal position.

DOF Secretary Frederick D. Go

asr-000632

We will continue to operate with

DOF Secretary Frederick D. Go

asr-000633

discipline, executed

DOF Secretary Frederick D. Go

asr-000634

accountability, and invest where we can deliver

DOF Secretary Frederick D. Go

asr-000635

measurable value. We are not asking

DOF Secretary Frederick D. Go

asr-000636

the government to spend more

DOF Secretary Frederick D. Go

asr-000637

or less. We are asking

DOF Secretary Frederick D. Go

asr-000638

that every peso do

DOF Secretary Frederick D. Go

asr-000639

more. This is

DOF Secretary Frederick D. Go

asr-000640

the standard we will hold ourselves

DOF Secretary Frederick D. Go

asr-000641

to in 2027

DOF Secretary Frederick D. Go

asr-000642

and that is our commitment to the Filipino

DOF Secretary Frederick D. Go

asr-000643

people. Thank you, Mr. Chair and

DOF Secretary Frederick D. Go

asr-000644

members of the committee. Together with

DOF Secretary Frederick D. Go

asr-000645

all the heads of the bureaus and attached

DOF Secretary Frederick D. Go

asr-000646

agencies of the Department of Finance,

DOF Secretary Frederick D. Go

asr-000647

we are ready to respond

DOF Secretary Frederick D. Go

asr-000648

to your questions.

Senator Joseph Victor "JV" G. Ejercito

asr-000648-split-2

Thank you,

Senator Joseph Victor "JV" G. Ejercito

asr-000649

Secretary Frederick Go.

Senator Joseph Victor "JV" G. Ejercito

asr-000650

At this juncture, before

Senator Joseph Victor "JV" G. Ejercito

asr-000651

we proceed to the questions

Senator Joseph Victor "JV" G. Ejercito

asr-000652

of our colleagues,

Senator Joseph Victor "JV" G. Ejercito

asr-000653

the Chair would like to recognize

Senator Joseph Victor "JV" G. Ejercito

asr-000654

the presence of Senator Erwin Tulfo.

Senator Joseph Victor "JV" G. Ejercito

asr-000655

Thank you, sir, for joining us. You may

Senator Joseph Victor "JV" G. Ejercito

asr-000656

want to make

Senator Joseph Victor "JV" G. Ejercito

asr-000657

an opening statement.

Senator Erwin Tulfo

asr-000657-split-2

Thank you, Mr. Chair.

Senator Erwin Tulfo

asr-000658

Actually, I have a hearing

Senator Erwin Tulfo

asr-000659

next door with the

Senator Erwin Tulfo

asr-000660

Philippine Reclamation Authority.

Senator Erwin Tulfo

asr-000661

I'd just like to

Senator Erwin Tulfo

asr-000662

support

Senator Erwin Tulfo

asr-000663

Mr. Chairman

Senator Erwin Tulfo

asr-000664

the budget requested

Senator Erwin Tulfo

asr-000665

by the Department of Finance.

Senator Erwin Tulfo

asr-000666

I noticed that there

Senator Erwin Tulfo

asr-000667

will be some

Senator Erwin Tulfo

asr-000668

or binawasan po

Senator Erwin Tulfo

asr-000669

yung budget.

Senator Erwin Tulfo

asr-000670

But I am for

Senator Erwin Tulfo

asr-000671

I am for

Senator Erwin Tulfo

asr-000672

actually, I support

Senator Erwin Tulfo

asr-000673

the budget, their budget proposal

Senator Erwin Tulfo

asr-000674

for next year. And I believe, Mr.

Senator Erwin Tulfo

asr-000675

Chair, my own opinion,

Senator Erwin Tulfo

asr-000676

since they're our money-making

Senator Erwin Tulfo

asr-000677

agency, they're the ones,

Senator Erwin Tulfo

asr-000678

they're the backbone of our

Senator Erwin Tulfo

asr-000679

Ikanga funds for

Senator Erwin Tulfo

asr-000680

next year, then why don't we give them

Senator Erwin Tulfo

asr-000681

what they want and perhaps even

Senator Erwin Tulfo

asr-000682

increase

Senator Erwin Tulfo

asr-000683

what was our putback, what

Senator Erwin Tulfo

asr-000684

was taken from them, from their

Senator Erwin Tulfo

asr-000685

budget. Thank you, Mr. Chairman.

Senator Joseph Victor "JV" G. Ejercito

asr-000686

Thank you, Senator

Senator Joseph Victor "JV" G. Ejercito

asr-000687

Tulfo.

Senator Joseph Victor "JV" G. Ejercito

asr-000688

Well, most agencies received

Senator Joseph Victor "JV" G. Ejercito

asr-000689

Yes, Secretary Fred

Senator Joseph Victor "JV" G. Ejercito

asr-000690

Go.

DOF Secretary Frederick D. Go

asr-000690-split-2

Thank you, Mr.

DOF Secretary Frederick D. Go

asr-000691

Chair. I'd like to respond. I'd like to express

DOF Secretary Frederick D. Go

asr-000692

my sincerest appreciation and gratitude

DOF Secretary Frederick D. Go

asr-000693

for the statement made by Senator

DOF Secretary Frederick D. Go

asr-000694

Erwin Tulfo.

DOF Secretary Frederick D. Go

asr-000695

We really appreciate what

DOF Secretary Frederick D. Go

asr-000696

you just said. As a matter of fact, before you

DOF Secretary Frederick D. Go

asr-000697

stepped in, Mr. Senator,

DOF Secretary Frederick D. Go

asr-000698

we actually mentioned that

DOF Secretary Frederick D. Go

asr-000699

the budget of the BIR is

DOF Secretary Frederick D. Go

asr-000700

only equivalent to two days

DOF Secretary Frederick D. Go

asr-000701

collection and the budget of the

DOF Secretary Frederick D. Go

asr-000702

Bureau of Customs is only equivalent to

DOF Secretary Frederick D. Go

asr-000703

two days of collection

DOF Secretary Frederick D. Go

asr-000704

and the DOF is actually

DOF Secretary Frederick D. Go

asr-000705

we actually even received a

DOF Secretary Frederick D. Go

asr-000706

NEP that had several

DOF Secretary Frederick D. Go

asr-000707

reductions from our

DOF Secretary Frederick D. Go

asr-000708

2026 levels.

DOF Secretary Frederick D. Go

asr-000709

Thank you.

Senator Erwin Tulfo

asr-000709-split-2

You're welcome,

Senator Erwin Tulfo

asr-000710

Mr. Chair.

Senator Joseph Victor "JV" G. Ejercito

asr-000711

Thank you, Senator Tulfo.

Senator Joseph Victor "JV" G. Ejercito

asr-000712

Actually, there are ongoing

Senator Joseph Victor "JV" G. Ejercito

asr-000713

budget hearings also. Senator Tulfo

Senator Joseph Victor "JV" G. Ejercito

asr-000714

will be chairing budget

Senator Joseph Victor "JV" G. Ejercito

asr-000715

hearings of several

Senator Joseph Victor "JV" G. Ejercito

asr-000716

agencies. First to ask

Senator Joseph Victor "JV" G. Ejercito

asr-000717

questions, first to arrive is of course

Senator Joseph Victor "JV" G. Ejercito

asr-000718

Senator Francis Kiko

Senator Joseph Victor "JV" G. Ejercito

asr-000719

Pangilinan. Sir, you go ahead with your

Senator Joseph Victor "JV" G. Ejercito

asr-000720

questions.

Senator Francis Kiko Pangilinan

asr-000720-split-2

Thank you,

Senator Francis Kiko Pangilinan

asr-000721

Chairperson JV,

Senator Francis Kiko Pangilinan

asr-000722

Senator JV. Magandang

Senator Francis Kiko Pangilinan

asr-000723

hapon sa kanilang lahat.

Senator Francis Kiko Pangilinan

asr-000724

I'd like to focus on

Senator Francis Kiko Pangilinan

asr-000725

a few items.

Senator Francis Kiko Pangilinan

asr-000726

First would be the

Senator Francis Kiko Pangilinan

asr-000727

how much do we lose to smuggling?

Senator Francis Kiko Pangilinan

asr-000728

What is the status of?

Senator Francis Kiko Pangilinan

asr-000729

The single window

Senator Francis Kiko Pangilinan

asr-000730

project?

Senator Francis Kiko Pangilinan

asr-000731

When do you expect it to be fully operational?

Senator Francis Kiko Pangilinan

asr-000732

I remember

Senator Francis Kiko Pangilinan

asr-000733

in last

Senator Francis Kiko Pangilinan

asr-000734

last budget

Senator Francis Kiko Pangilinan

asr-000735

season, the estimate

Senator Francis Kiko Pangilinan

asr-000736

losses in smuggling

Senator Francis Kiko Pangilinan

asr-000737

was about 160

Senator Francis Kiko Pangilinan

asr-000738

170 billion.

Senator Francis Kiko Pangilinan

asr-000739

I don't know if that's updated.

Senator Francis Kiko Pangilinan

asr-000740

Do you have estimates

Senator Francis Kiko Pangilinan

asr-000741

and what is the status

Senator Francis Kiko Pangilinan

asr-000742

of the law

Senator Francis Kiko Pangilinan

asr-000743

that mandates a single window?

Senator Francis Kiko Pangilinan

asr-000744

I say this because

Senator Francis Kiko Pangilinan

asr-000745

well, precisely

Senator Francis Kiko Pangilinan

asr-000746

when you have the single window, then

Senator Francis Kiko Pangilinan

asr-000747

your document,

Senator Francis Kiko Pangilinan

asr-000748

there is

Senator Francis Kiko Pangilinan

asr-000749

a paper trail as to

Senator Francis Kiko Pangilinan

asr-000750

what comes in, what comes out.

Senator Francis Kiko Pangilinan

asr-000751

Clearly,

Senator Francis Kiko Pangilinan

asr-000752

we will

Senator Francis Kiko Pangilinan

asr-000753

do away with.

Senator Francis Kiko Pangilinan

asr-000754

Nagtuturoan,

Senator Francis Kiko Pangilinan

asr-000755

iba-iba ang dokumento,

Senator Francis Kiko Pangilinan

asr-000756

iba sinasabi

Senator Francis Kiko Pangilinan

asr-000757

ng BOC,

Senator Francis Kiko Pangilinan

asr-000758

iba sinasabi ng DA.

Senator Francis Kiko Pangilinan

asr-000759

I remember

Senator Francis Kiko Pangilinan

asr-000760

a simple concept

Senator Francis Kiko Pangilinan

asr-000761

of single window is

Senator Francis Kiko Pangilinan

asr-000762

when I was

Senator Francis Kiko Pangilinan

asr-000763

food security secretary

Senator Francis Kiko Pangilinan

asr-000764

and chairman

Senator Francis Kiko Pangilinan

asr-000765

of the board of NFA,

Senator Francis Kiko Pangilinan

asr-000766

I was

Senator Francis Kiko Pangilinan

asr-000767

perplexed that the BOC

Senator Francis Kiko Pangilinan

asr-000768

had a different

Senator Francis Kiko Pangilinan

asr-000769

set of documents for rice

Senator Francis Kiko Pangilinan

asr-000770

importation

Senator Francis Kiko Pangilinan

asr-000771

compared to the

Senator Francis Kiko Pangilinan

asr-000772

NFA.

Senator Francis Kiko Pangilinan

asr-000773

Which then had a

Senator Francis Kiko Pangilinan

asr-000774

monopoly.

Senator Francis Kiko Pangilinan

asr-000775

They weren't sharing

Senator Francis Kiko Pangilinan

asr-000776

information when I stepped in.

Senator Francis Kiko Pangilinan

asr-000777

So much so that

Senator Francis Kiko Pangilinan

asr-000778

when the BOC

Senator Francis Kiko Pangilinan

asr-000779

seizes

Senator Francis Kiko Pangilinan

asr-000780

what

Senator Francis Kiko Pangilinan

asr-000781

was reported to be

Senator Francis Kiko Pangilinan

asr-000782

illegally

Senator Francis Kiko Pangilinan

asr-000783

smuggled rice,

Senator Francis Kiko Pangilinan

asr-000784

ang kwento nun is

Senator Francis Kiko Pangilinan

asr-000785

biglang lalabas yung

Senator Francis Kiko Pangilinan

asr-000786

NFA with a document

Senator Francis Kiko Pangilinan

asr-000787

saying they have a permit.

Senator Francis Kiko Pangilinan

asr-000788

In other words,

Senator Francis Kiko Pangilinan

asr-000789

they were siloing.

Senator Francis Kiko Pangilinan

asr-000790

So what we just,

Senator Francis Kiko Pangilinan

asr-000791

a simple

Senator Francis Kiko Pangilinan

asr-000792

setup was,

Senator Francis Kiko Pangilinan

asr-000793

I told then the late Bertlina

Senator Francis Kiko Pangilinan

asr-000794

and the administrator

Senator Francis Kiko Pangilinan

asr-000795

of NFA

Senator Francis Kiko Pangilinan

asr-000796

that we have one

Senator Francis Kiko Pangilinan

asr-000797

document.

Senator Francis Kiko Pangilinan

asr-000798

Same document.

Senator Francis Kiko Pangilinan

asr-000799

We shared the same document because

Senator Francis Kiko Pangilinan

asr-000800

then it was the

Senator Francis Kiko Pangilinan

asr-000801

NFA that would approve the permits.

Senator Francis Kiko Pangilinan

asr-000802

And then,

Senator Francis Kiko Pangilinan

asr-000803

and therefore they had copies of the

Senator Francis Kiko Pangilinan

asr-000804

what was legally

Senator Francis Kiko Pangilinan

asr-000805

imported rice.

Senator Francis Kiko Pangilinan

asr-000806

So we said,

Senator Francis Kiko Pangilinan

asr-000807

we shared it with the BOC.

Senator Francis Kiko Pangilinan

asr-000808

And lo and behold,

Senator Francis Kiko Pangilinan

asr-000809

you know, we were confiscating

Senator Francis Kiko Pangilinan

asr-000810

400 million, 500 million

Senator Francis Kiko Pangilinan

asr-000811

worth of illegally

Senator Francis Kiko Pangilinan

asr-000812

imported rice because we had one document.

Senator Francis Kiko Pangilinan

asr-000813

And that's the whole principle of the

Senator Francis Kiko Pangilinan

asr-000814

single window.

Senator Francis Kiko Pangilinan

asr-000815

And that's how you address smuggling.

Senator Francis Kiko Pangilinan

asr-000816

So anyway,

Senator Francis Kiko Pangilinan

asr-000817

how much is the estimated

Senator Francis Kiko Pangilinan

asr-000818

losses in terms of

Senator Francis Kiko Pangilinan

asr-000819

tariffs, in terms of

Senator Francis Kiko Pangilinan

asr-000820

duties

Senator Francis Kiko Pangilinan

asr-000821

to smuggling?

Senator Francis Kiko Pangilinan

asr-000822

And what is the

Senator Francis Kiko Pangilinan

asr-000823

status of the single

Senator Francis Kiko Pangilinan

asr-000824

window project?

DOF Secretary Frederick D. Go

asr-000825

Yes, Mr. Vice Chair.

DOF Secretary Frederick D. Go

asr-000826

Thank you.

DOF Secretary Frederick D. Go

asr-000827

I will ask the Commissioner of Customs

DOF Secretary Frederick D. Go

asr-000828

to answer your first question.

DOF Secretary Frederick D. Go

asr-000829

And then I will ask the Undersecretary

DOF Secretary Frederick D. Go

asr-000830

for Revenue Operations,

DOF Secretary Frederick D. Go

asr-000831

to answer your second question.

DOF Secretary Frederick D. Go

asr-000832

But before I pass the

DOF Secretary Frederick D. Go

asr-000833

microphone to them,

DOF Secretary Frederick D. Go

asr-000834

I'd just like to say that I

DOF Secretary Frederick D. Go

asr-000835

totally agree with you

DOF Secretary Frederick D. Go

asr-000836

on the National Single Window

DOF Secretary Frederick D. Go

asr-000837

platform. As a matter of fact,

DOF Secretary Frederick D. Go

asr-000838

I have been following that up

DOF Secretary Frederick D. Go

asr-000839

periodically

DOF Secretary Frederick D. Go

asr-000840

with consistency

DOF Secretary Frederick D. Go

asr-000841

because I really believe that

DOF Secretary Frederick D. Go

asr-000842

that National Single Window will be the key

DOF Secretary Frederick D. Go

asr-000843

to credible information.

DOF Secretary Frederick D. Go

asr-000844

And

DOF Secretary Frederick D. Go

asr-000845

it just simply put makes a lot of sense that is how a lot of the

DOF Secretary Frederick D. Go

asr-000846

better managed countries manage the information of importation.

DOF Secretary Frederick D. Go

asr-000847

It won't make sense to those who are

DOF Secretary Frederick D. Go

asr-000848

smuggling and benefiting from the illegal entry of goods or

DOF Secretary Frederick D. Go

asr-000849

smuggle goods.

DOF Secretary Frederick D. Go

asr-000850

And that's probably why it's not working because, for example,

DOF Secretary Frederick D. Go

asr-000851

Because for as long as those

DOF Secretary Frederick D. Go

asr-000852

who don't want it to work

DOF Secretary Frederick D. Go

asr-000853

consider it,

DOF Secretary Frederick D. Go

asr-000854

there might be efforts to...

Senator Francis Kiko Pangilinan

asr-000855

So, yes.

Senator Francis Kiko Pangilinan

asr-000856

But thank you for putting that on record

Senator Francis Kiko Pangilinan

asr-000857

that it makes sense,

Senator Francis Kiko Pangilinan

asr-000858

especially for us in government,

Senator Francis Kiko Pangilinan

asr-000859

to ensure better revenue

Senator Francis Kiko Pangilinan

asr-000860

through duties and customs duties

Senator Francis Kiko Pangilinan

asr-000861

and other, you know.

Senator Francis Kiko Pangilinan

asr-000862

Yeah, go ahead, please.

BOC Commissioner Ariel F. Nepomuceno

asr-000863

Thank you, Mr. Chair,

BOC Commissioner Ariel F. Nepomuceno

asr-000864

and Senator Kiko.

Senator Francis Kiko Pangilinan

asr-000865

Before that, thank you for filing

Senator Francis Kiko Pangilinan

asr-000866

the cases against Berches.

Senator Francis Kiko Pangilinan

asr-000867

But my follow-up question later is

Senator Francis Kiko Pangilinan

asr-000868

what about ECPB and the other...

BOC Commissioner Ariel F. Nepomuceno

asr-000869

Yes, sir.

Senator Francis Kiko Pangilinan

asr-000870

...those involved?

Senator Francis Kiko Pangilinan

asr-000871

Similarly, the evidence was all there.

Senator Francis Kiko Pangilinan

asr-000872

But go ahead, please.

BOC Commissioner Ariel F. Nepomuceno

asr-000873

I'll answer the first question

BOC Commissioner Ariel F. Nepomuceno

asr-000874

regarding the estimates.

BOC Commissioner Ariel F. Nepomuceno

asr-000875

And if I can, Mr. Senator,

BOC Commissioner Ariel F. Nepomuceno

asr-000876

pitch in a bit

BOC Commissioner Ariel F. Nepomuceno

asr-000877

with regard to the second question

BOC Commissioner Ariel F. Nepomuceno

asr-000878

on the NSW

BOC Commissioner Ariel F. Nepomuceno

asr-000879

so we can put context

BOC Commissioner Ariel F. Nepomuceno

asr-000880

on what's going on right now

BOC Commissioner Ariel F. Nepomuceno

asr-000881

with this project

BOC Commissioner Ariel F. Nepomuceno

asr-000882

insofar as BOC is concerned.

BOC Commissioner Ariel F. Nepomuceno

asr-000883

Your Honor, with regard to the estimates,

BOC Commissioner Ariel F. Nepomuceno

asr-000884

there are various briefings that I had.

BOC Commissioner Ariel F. Nepomuceno

asr-000885

The most conservative with regard to this

BOC Commissioner Ariel F. Nepomuceno

asr-000886

is that we're losing a minimum

BOC Commissioner Ariel F. Nepomuceno

asr-000887

of 30 billion pesos minimum.

BOC Commissioner Ariel F. Nepomuceno

asr-000888

When I asked,

BOC Commissioner Ariel F. Nepomuceno

asr-000889

why is this?

BOC Commissioner Ariel F. Nepomuceno

asr-000890

Different from the 100 billion plus

BOC Commissioner Ariel F. Nepomuceno

asr-000891

that I heard over the news,

BOC Commissioner Ariel F. Nepomuceno

asr-000892

the explanations, of course,

BOC Commissioner Ariel F. Nepomuceno

asr-000893

were the discrepancies might be attributed

BOC Commissioner Ariel F. Nepomuceno

asr-000894

to the existence of,

BOC Commissioner Ariel F. Nepomuceno

asr-000895

for example, the economic zones

BOC Commissioner Ariel F. Nepomuceno

asr-000896

wherein the data coming from

BOC Commissioner Ariel F. Nepomuceno

asr-000897

other international agencies

BOC Commissioner Ariel F. Nepomuceno

asr-000898

did not account for the imports

BOC Commissioner Ariel F. Nepomuceno

asr-000899

that would go directly to the export zones,

BOC Commissioner Ariel F. Nepomuceno

asr-000900

which are supposed to be not intended to...

BOC Commissioner Ariel F. Nepomuceno

asr-000901

The raw materials being used

BOC Commissioner Ariel F. Nepomuceno

asr-000902

are not intended to be sold locally.

BOC Commissioner Ariel F. Nepomuceno

asr-000903

So may describe pan silang po doon.

BOC Commissioner Ariel F. Nepomuceno

asr-000904

But still,

BOC Commissioner Ariel F. Nepomuceno

asr-000905

even with the estimate of 30 billion,

BOC Commissioner Ariel F. Nepomuceno

asr-000906

30 billion is still huge,

BOC Commissioner Ariel F. Nepomuceno

asr-000907

even if it's the most conservative

BOC Commissioner Ariel F. Nepomuceno

asr-000908

available information.

BOC Commissioner Ariel F. Nepomuceno

asr-000909

But with regard to the second question...

Senator Francis Kiko Pangilinan

asr-000910

Just to clarify, Commissioner,

Senator Francis Kiko Pangilinan

asr-000911

how many...

Senator Francis Kiko Pangilinan

asr-000912

What is your estimate

Senator Francis Kiko Pangilinan

asr-000913

of the number of containers

Senator Francis Kiko Pangilinan

asr-000914

that enter the country on a daily basis?

Senator Francis Kiko Pangilinan

asr-000915

About 5,000? 6,000?

BOC Commissioner Ariel F. Nepomuceno

asr-000916

2 million a year,

BOC Commissioner Ariel F. Nepomuceno

asr-000917

so divided by 360.

BOC Commissioner Ariel F. Nepomuceno

asr-000918

That's 80,000, right?

BOC Commissioner Ariel F. Nepomuceno

asr-000919

Roughly 80,000.

BOC Commissioner Ariel F. Nepomuceno

asr-000920

We call it, Mr. Senator, TEUs.

BOC Commissioner Ariel F. Nepomuceno

asr-000921

TEUs would represent

BOC Commissioner Ariel F. Nepomuceno

asr-000922

yung debente or 20-footer container.

Senator Francis Kiko Pangilinan

asr-000923

Yes.

Senator Francis Kiko Pangilinan

asr-000924

So if that's 2 million a year,

Senator Francis Kiko Pangilinan

asr-000925

a day.

Senator Francis Kiko Pangilinan

asr-000926

About 5,500 a day.

BOC Commissioner Ariel F. Nepomuceno

asr-000927

A day.

Senator Francis Kiko Pangilinan

asr-000928

And clearly,

Senator Francis Kiko Pangilinan

asr-000929

if you don't have that single window,

Senator Francis Kiko Pangilinan

asr-000930

national single window,

Senator Francis Kiko Pangilinan

asr-000931

then we cannot really monitor

Senator Francis Kiko Pangilinan

asr-000932

the 5,500 as effectively.

Senator Francis Kiko Pangilinan

asr-000933

Thank you.

Senator Francis Kiko Pangilinan

asr-000934

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.

BOC Commissioner Ariel F. Nepomuceno

asr-000935

With regard to the number of containers, nakukuha naman po natin yan dahil these are being reported fairly accurately by the port operators.

BOC Commissioner Ariel F. Nepomuceno

asr-000936

But what we cannot accurately measure will be the real values supposed to be contained in those importations.

BOC Commissioner Ariel F. Nepomuceno

asr-000937

So the NSW, of course, would be able to help a lot.

BOC Commissioner Ariel F. Nepomuceno

asr-000938

Insofar as getting the accurate values from these importations.

BOC Commissioner Ariel F. Nepomuceno

asr-000939

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.

BOC Commissioner Ariel F. Nepomuceno

asr-000940

Paliwanag ko lang po ng konti briefly.

BOC Commissioner Ariel F. Nepomuceno

asr-000941

CPS will remove the human intervention involved in the processes of the importations.

BOC Commissioner Ariel F. Nepomuceno

asr-000942

Ganito po yan. We have identified 15 ICT projects. At the center of this is the CPS, Customs Processing System.

BOC Commissioner Ariel F. Nepomuceno

asr-000943

Ganito po yan. CPS, if compared to Singapore CPS, they call it NSW.

BOC Commissioner Ariel F. Nepomuceno

asr-000944

Mabilis lang silang gumawa ng NSW na, which they were able to easily compel.

BOC Commissioner Ariel F. Nepomuceno

asr-000945

We have identified 15 other agencies dealing with the Singapore Customs to cooperate with the Singapore Customs NSW.

BOC Commissioner Ariel F. Nepomuceno

asr-000946

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.

BOC Commissioner Ariel F. Nepomuceno

asr-000947

Ganito po yan. So lahat ng merong...

BOC Commissioner Ariel F. Nepomuceno

asr-000948

Yes, sir.

BOC Commissioner Ariel F. Nepomuceno

asr-000949

Yes, sir.

BOC Commissioner Ariel F. Nepomuceno

asr-000950

But we have to prioritize and we should not be...

BOC Commissioner Ariel F. Nepomuceno

asr-000951

dependent on the NSW per se because that's not within our full control.

BOC Commissioner Ariel F. Nepomuceno

asr-000952

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,

BOC Commissioner Ariel F. Nepomuceno

asr-000953

the, well, FDA sana, but FDA also has some issues, PNP, DTI, yung mga mabilis na ho nating isama.

BOC Commissioner Ariel F. Nepomuceno

asr-000954

So the data will be automatic real time.

BOC Commissioner Ariel F. Nepomuceno

asr-000955

From the...

BOC Commissioner Ariel F. Nepomuceno

asr-000956

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.

BOC Commissioner Ariel F. Nepomuceno

asr-000957

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.

BOC Commissioner Ariel F. Nepomuceno

asr-000958

So with our own CPS, we will be able to approximate what a full NSW can do.

BOC Commissioner Ariel F. Nepomuceno

asr-000959

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.

BOC Commissioner Ariel F. Nepomuceno

asr-000960

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.

Senator Francis Kiko Pangilinan

asr-000961

And what would the pilot areas be? Do you already, have you identified that? Or it's still?

BOC Commissioner Ariel F. Nepomuceno

asr-000962

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.

BOC Commissioner Ariel F. Nepomuceno

asr-000963

Because we have to eventually integrate 17 major ports and 39 sub-ports. We have a total of 56.

BOC Commissioner Ariel F. Nepomuceno

asr-000964

ports to be included in the program.

Senator Francis Kiko Pangilinan

asr-000965

Okay, Usec Ligon, will you also update us with the National Single Window?

DOF Undersecretary Rolando T. Ligon Jr.

asr-000966

Yes, sir. With regards to the National Single Window, we are now in the process of onboarding the different trade-related government agencies.

DOF Undersecretary Rolando T. Ligon Jr.

asr-000967

So, meron akong apat na onboard. This is the National Tobacco Administration, Bureau of Agriculture.

DOF Undersecretary Rolando T. Ligon Jr.

asr-000968

Agriculture and Fisheries, Export Management Bureau, the Bureau of Internal Revenue. And right now, ongoing yung with the Bureau of Customs.

DOF Undersecretary Rolando T. Ligon Jr.

asr-000969

Then in the next two months, we are targeting the onboarding with 22 other agencies.

DOF Undersecretary Rolando T. Ligon Jr.

asr-000970

We are prioritizing yung mga agencies na under the Department of Agriculture, like the National Meat Inspection.

DOF Undersecretary Rolando T. Ligon Jr.

asr-000971

Philippine Coconut Authority, Bureau of Quarantine, Fertilizer and Pesticide Authority.

DOF Undersecretary Rolando T. Ligon Jr.

asr-000972

Yun po yung mga kasunod na isasama sa onboarding.

DOF Undersecretary Rolando T. Ligon Jr.

asr-000973

So, ito pong project na ito, entire project, we're estimating to finish this in one and a half years.

DOF Undersecretary Rolando T. Ligon Jr.

asr-000974

Kompleto na lahat yung iba-ibang agencies na kasama.

Senator Francis Kiko Pangilinan

asr-000975

One and a half years.

Senator Francis Kiko Pangilinan

asr-000976

And that is, but when do you start operating it? Only after one and a half years? Or you can already begin?

DOF Undersecretary Rolando T. Ligon Jr.

asr-000977

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.

Senator Francis Kiko Pangilinan

asr-000978

And what are the onboard agencies?

DOF Undersecretary Rolando T. Ligon Jr.

asr-000979

Yung right now po.

Senator Francis Kiko Pangilinan

asr-000980

You said 40 or 60? What did you say?

DOF Undersecretary Rolando T. Ligon Jr.

asr-000981

Nasa 73 po yung total pag na tapos itong onboarding natin.

Senator Francis Kiko Pangilinan

asr-000982

In one year and a half?

DOF Undersecretary Rolando T. Ligon Jr.

asr-000983

In one year and a half.

DOF Undersecretary Rolando T. Ligon Jr.

asr-000984

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.

DOF Undersecretary Rolando T. Ligon Jr.

asr-000985

Then...

DOF Undersecretary Rolando T. Ligon Jr.

asr-000986

Pero this year po, ang target natin is meron pang...

DOF Undersecretary Rolando T. Ligon Jr.

asr-000987

22 agencies to be onboarded within the year po.

DOF Undersecretary Rolando T. Ligon Jr.

asr-000988

So...

DOF Undersecretary Rolando T. Ligon Jr.

asr-000989

Until the end of the year po.

Senator Francis Kiko Pangilinan

asr-000990

22 more. Okay.

DOF Undersecretary Rolando T. Ligon Jr.

asr-000991

Inuuna po natin yung mga bureaus under the Department of Agriculture. Kasi yun po yung merong sensitive po ng mga importation.

Senator Francis Kiko Pangilinan

asr-000992

If I may also add, the reason why the DA is critical here is precisely,

Senator Francis Kiko Pangilinan

asr-000993

we are able to monitor the...

Senator Francis Kiko Pangilinan

asr-000994

entry and, well, the entry of agriculture products through this national single window.

Senator Francis Kiko Pangilinan

asr-000995

And, of course, hindi pa tapos yung ano nila, but this is for DA, yung kanilang first border inspection.

Senator Francis Kiko Pangilinan

asr-000996

We funded that, Mr. Chairman, in the last budget.

Senator Francis Kiko Pangilinan

asr-000997

Walang budget, niligyan natin ng...

Senator Francis Kiko Pangilinan

asr-000998

1 billion. So, we hope that can be put together.

Senator Francis Kiko Pangilinan

asr-000999

Because, as I was saying then, national single window, Bureau of Customs,

Senator Francis Kiko Pangilinan

asr-001000

the...

Senator Francis Kiko Pangilinan

asr-001001

What was the estimate for the losses in the African swine, the ASF, was about 60, 70 billion.

Senator Francis Kiko Pangilinan

asr-001002

Pretty much brought the local livestock industry to its knees.

Senator Francis Kiko Pangilinan

asr-001003

Simply because, A, we were...

Senator Francis Kiko Pangilinan

asr-001004

unable to monitor the entry of contaminated meat.

Senator Francis Kiko Pangilinan

asr-001005

Now, the other day, I read in the papers that the customs confiscated chicken.

Senator Francis Kiko Pangilinan

asr-001006

Imported chicken that was supposed to be for rendering, meaning susunugin na, di ba?

Senator Francis Kiko Pangilinan

asr-001007

Pero, ang lumalabas, yung rendering agency...

Senator Francis Kiko Pangilinan

asr-001008

Ay, imbis na sunugin o i-render, sirain, ay binenta.

Senator Francis Kiko Pangilinan

asr-001009

Tama?

Senator Francis Kiko Pangilinan

asr-001010

Could you give us an update?

BOC Commissioner Ariel F. Nepomuceno

asr-001011

Actually, you're correct, Your Honor.

BOC Commissioner Ariel F. Nepomuceno

asr-001012

These are apprehended, smuggled chicken meat from Subic.

BOC Commissioner Ariel F. Nepomuceno

asr-001013

Then, they were supposed to be already...

BOC Commissioner Ariel F. Nepomuceno

asr-001014

sa condemnation facilities.

BOC Commissioner Ariel F. Nepomuceno

asr-001015

Somewhere in Bulacan.

BOC Commissioner Ariel F. Nepomuceno

asr-001016

But then, allegedly, there is a transaction that this is supposed to be...

BOC Commissioner Ariel F. Nepomuceno

asr-001017

Those that will be condemned will be sold.

BOC Commissioner Ariel F. Nepomuceno

asr-001018

But we have already ordered the full investigation.

BOC Commissioner Ariel F. Nepomuceno

asr-001019

In fact, we have already...

BOC Commissioner Ariel F. Nepomuceno

asr-001020

I've already ordered the relief of those who are possibly involved in this,

BOC Commissioner Ariel F. Nepomuceno

asr-001021

including the condemnation facility owner.

Senator Francis Kiko Pangilinan

asr-001022

That's about 7 million, no?

Senator Francis Kiko Pangilinan

asr-001023

7 million pesos worth of smuggled, frozen chicken.

BOC Commissioner Ariel F. Nepomuceno

asr-001024

Yes, sir.

Senator Francis Kiko Pangilinan

asr-001025

Which they were now intending to sell at what?

Senator Francis Kiko Pangilinan

asr-001026

120 pesos a kilo?

Senator Francis Kiko Pangilinan

asr-001027

In the wet market?

BOC Commissioner Ariel F. Nepomuceno

asr-001028

Yes, sir.

BOC Commissioner Ariel F. Nepomuceno

asr-001029

Actually, naka-apprehend po is the National Bureau of Investigation.

Senator Francis Kiko Pangilinan

asr-001030

Oh, the NBI. That's right.

Senator Francis Kiko Pangilinan

asr-001031

But we also have some rendering issues with the BOC and the DA,

Senator Francis Kiko Pangilinan

asr-001032

which that's why, Secretary, I hope you can support this with Secretary Kiko.

Senator Francis Kiko Pangilinan

asr-001033

When they present their budgets and when you present your budgets in plenary,

Senator Francis Kiko Pangilinan

asr-001034

I hope that you already have that memorandum of agreement

Senator Francis Kiko Pangilinan

asr-001035

between BOC and DA on the rendering.

Senator Francis Kiko Pangilinan

asr-001036

Because we have found out a similar incident.

Senator Francis Kiko Pangilinan

asr-001037

The smuggled...

Senator Francis Kiko Pangilinan

asr-001038

This one is, ano na, BOC.

Senator Francis Kiko Pangilinan

asr-001039

The smuggled meat from Imus was brought to a rendering site,

Senator Francis Kiko Pangilinan

asr-001040

condemnation process.

Senator Francis Kiko Pangilinan

asr-001041

Dinala pa ng...

Senator Francis Kiko Pangilinan

asr-001042

ng Coast Guard.

Senator Francis Kiko Pangilinan

asr-001043

Binantayan ng Coast Guard.

Senator Francis Kiko Pangilinan

asr-001044

Hindi nila iniwanan mula doon sa Cavite, sa Imus ba?

Senator Francis Kiko Pangilinan

asr-001045

O Baco or Imus?

Senator Francis Kiko Pangilinan

asr-001046

Papunta doon sa...

Senator Francis Kiko Pangilinan

asr-001047

Saan ba yun?

Senator Francis Kiko Pangilinan

asr-001048

Paulacan?

Senator Francis Kiko Pangilinan

asr-001049

Tapos pag-alis nung Coast Guard,

Senator Francis Kiko Pangilinan

asr-001050

ni-render.

Senator Francis Kiko Pangilinan

asr-001051

Pero ang lumalabas, inamin mismo ng taga-BAI na binibente yung karni na yun,

Senator Francis Kiko Pangilinan

asr-001052

para gawing pakain sa tilapya.

Senator Francis Kiko Pangilinan

asr-001053

So yung unfit for human consumption na karni na dapat nang i-condemn,

Senator Francis Kiko Pangilinan

asr-001054

binenta sa mga fish pond operator para gawing pakain sa tilapya.

Senator Francis Kiko Pangilinan

asr-001055

At pagkakinain natin yung tilapya...

Senator Francis Kiko Pangilinan

asr-001056

So...

Senator Francis Kiko Pangilinan

asr-001057

It makes me...

Senator Francis Kiko Pangilinan

asr-001058

I wonder, the amount that you said, ng NBI, was 7 million.

Senator Francis Kiko Pangilinan

asr-001059

I wonder how much, if any, pinalusot.

Senator Francis Kiko Pangilinan

asr-001060

Hindi ko alam.

Senator Francis Kiko Pangilinan

asr-001061

But again, with the single window, national single window project,

Senator Francis Kiko Pangilinan

asr-001062

and what you're doing now, we will be able to address this.

Senator Francis Kiko Pangilinan

asr-001063

And, Secretary, yung memorandum of agreement between the DA and the BOC on rendering.

Senator Francis Kiko Pangilinan

asr-001064

So that...

Senator Francis Kiko Pangilinan

asr-001065

That was...

Senator Francis Kiko Pangilinan

asr-001066

It was confiscated by the BOC, eh.

Senator Francis Kiko Pangilinan

asr-001067

Yung sa IMUS, eh.

Senator Francis Kiko Pangilinan

asr-001068

So dapat, pagkadating doon sa condemnation, nandun ng BOC, nandun ng DA,

Senator Francis Kiko Pangilinan

asr-001069

at nagkakaisa na nag-uusap na tama dapat na ma...

Senator Francis Kiko Pangilinan

asr-001070

Go ahead.

BOC Commissioner Ariel F. Nepomuceno

asr-001071

Your Honor, since nandito rin din po tayo doon sa topic ng rendering,

BOC Commissioner Ariel F. Nepomuceno

asr-001072

I'll take advantage to, of course, seek the help of the Senate.

BOC Commissioner Ariel F. Nepomuceno

asr-001073

Ganito po yung sistema po na minana po namin.

Senator Francis Kiko Pangilinan

asr-001074

How much do you need to get the facility?

BOC Commissioner Ariel F. Nepomuceno

asr-001075

Opo.

BOC Commissioner Ariel F. Nepomuceno

asr-001076

Facility sent, ano po, MOE, additional MOE.

BOC Commissioner Ariel F. Nepomuceno

asr-001077

Ganito po.

BOC Commissioner Ariel F. Nepomuceno

asr-001078

Ang dinatan po nating sistema among so many other problems.

BOC Commissioner Ariel F. Nepomuceno

asr-001079

Wala hong budget allotted for the Bureau of Customs to be used for rendering.

BOC Commissioner Ariel F. Nepomuceno

asr-001080

The model is quite peculiar wherein zero budget or zero payment ang naka-allot for the condemnators.

BOC Commissioner Ariel F. Nepomuceno

asr-001081

So we will ask, ba't sila mag-i-interest to do the job?

BOC Commissioner Ariel F. Nepomuceno

asr-001082

So we can speculate, di po ba?

BOC Commissioner Ariel F. Nepomuceno

asr-001083

Kasi hindi naman po sila babayaran.

BOC Commissioner Ariel F. Nepomuceno

asr-001084

Therefore, they're only after what can be salvaged or can be saved or siguro recyclable

BOC Commissioner Ariel F. Nepomuceno

asr-001085

from what is supposed to be going to be condemned or destroyed.

BOC Commissioner Ariel F. Nepomuceno

asr-001086

So we will seek the help, of course, of Congress and the Senate

BOC Commissioner Ariel F. Nepomuceno

asr-001087

to support us with at least with the immediate additional MOE

BOC Commissioner Ariel F. Nepomuceno

asr-001088

for us to be able to finance our own rendering

BOC Commissioner Ariel F. Nepomuceno

asr-001089

so that we will not be dependent on the condemnation.

BOC Commissioner Ariel F. Nepomuceno

asr-001093

And we don't know what release on their minds

BOC Commissioner Ariel F. Nepomuceno

asr-001094

why they are interested to do the rendering job.

BOC Commissioner Ariel F. Nepomuceno

asr-001095

Isa po yan.

BOC Commissioner Ariel F. Nepomuceno

asr-001096

With the facility, meron din po kaming nakalista.

BOC Commissioner Ariel F. Nepomuceno

asr-001097

But of course, we know that this will take time.

BOC Commissioner Ariel F. Nepomuceno

asr-001098

If at all, 2027 pa natin gagawin to 2028.

BOC Commissioner Ariel F. Nepomuceno

asr-001099

But we need support po doon sa MOE.

BOC Commissioner Ariel F. Nepomuceno

asr-001100

Again, for us to fund our condemnation based on our own timing.

Senator Francis Kiko Pangilinan

asr-001101

Yes, go ahead, sir.

DOF Secretary Frederick D. Go

asr-001101-split-2

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

DOF Secretary Frederick D. Go

asr-001102

asking for additional budget of P10 billion for your consideration from the BOC.

DOF Secretary Frederick D. Go

asr-001103

And number 8 in that list is the construction of condemnation facilities.

DOF Secretary Frederick D. Go

asr-001104

And then the BIR also has a request of about a little over a billion pesos

DOF Secretary Frederick D. Go

asr-001105

of necessary budget that they need for their operations.

DOF Secretary Frederick D. Go

asr-001106

That was also cut down.

DOF Secretary Frederick D. Go

asr-001107

Actually, the amount cut down obviously was much larger.

DOF Secretary Frederick D. Go

asr-001108

But in the prioritization, they have a wish list of about a billion pesos.

DOF Secretary Frederick D. Go

asr-001109

And the BOC has a wish list of about P10 billion.

DOF Secretary Frederick D. Go

asr-001110

But number 8 in the BOC list is the construction of condemnation facilities.

Senator Francis Kiko Pangilinan

asr-001111

Sige, you can count on our support in that regard.

Senator Francis Kiko Pangilinan

asr-001112

And how much would that be?

Senator Francis Kiko Pangilinan

asr-001113

If you added the P10 billion, so what collection would that be?

Senator Francis Kiko Pangilinan

asr-001114

Two days and six hours?

Senator Francis Kiko Pangilinan

asr-001115

Ano yun?

Senator Francis Kiko Pangilinan

asr-001116

Kasi sabi nyo, two days.

DOF Secretary Frederick D. Go

asr-001117

Baka two days and one hour.

DOF Secretary Frederick D. Go

asr-001118

Joke lang.

DOF Secretary Frederick D. Go

asr-001119

Pero I'm not sure what it is.

DOF Secretary Frederick D. Go

asr-001120

But definitely, it's just a fraction of our collection.

DOF Secretary Frederick D. Go

asr-001121

Thank you.

Senator Francis Kiko Pangilinan

asr-001122

With the permission of our chairperson, if I may also just...

Senator Francis Kiko Pangilinan

asr-001123

Unless my time is up and I'll have a second round.

Senator Joseph Victor "JV" G. Ejercito

asr-001124

Please proceed.

Senator Francis Kiko Pangilinan

asr-001125

Okay.

Senator Francis Kiko Pangilinan

asr-001126

This question now is for AgriFinance Lending.

Senator Francis Kiko Pangilinan

asr-001127

We'd like to get some information before plenary on the loan portfolio for our farmers.

Senator Francis Kiko Pangilinan

asr-001128

I understand you have about 90% of your clients are farmers.

Senator Francis Kiko Pangilinan

asr-001129

Your accounts, rather, are agriculture farmers.

Senator Francis Kiko Pangilinan

asr-001130

Except that...

Senator Francis Kiko Pangilinan

asr-001131

Maliit yung...

Senator Francis Kiko Pangilinan

asr-001132

Yung...

Senator Francis Kiko Pangilinan

asr-001133

Pondo.

Senator Francis Kiko Pangilinan

asr-001134

Mas malaki.

Senator Francis Kiko Pangilinan

asr-001135

Mas nalalaki ang total portfolio.

Senator Francis Kiko Pangilinan

asr-001136

Maraming account, pero maliit ang total na inilabas.

Senator Francis Kiko Pangilinan

asr-001137

I don't have the data now.

Senator Francis Kiko Pangilinan

asr-001138

But this is for land bank and the DBP.

Senator Francis Kiko Pangilinan

asr-001139

We'd like to get submissions in time for plenary.

Senator Francis Kiko Pangilinan

asr-001140

The following...

Senator Francis Kiko Pangilinan

asr-001141

Sorry.

Senator Francis Kiko Pangilinan

asr-001142

You don't have to answer it now because...

Senator Francis Kiko Pangilinan

asr-001143

We'll give you time to find it.

Senator Francis Kiko Pangilinan

asr-001144

Apologies.

Senator Francis Kiko Pangilinan

asr-001145

I'm trying to look for the...

Senator Francis Kiko Pangilinan

asr-001146

There you go.

Senator Francis Kiko Pangilinan

asr-001147

So, the following.

Senator Francis Kiko Pangilinan

asr-001148

If you could give data regarding small farmers and fisher folk loans,

Senator Francis Kiko Pangilinan

asr-001149

if possible, over the last two years,

Senator Francis Kiko Pangilinan

asr-001150

loan amounts released directly

Senator Francis Kiko Pangilinan

asr-001151

and via lending partners,

Senator Francis Kiko Pangilinan

asr-001152

number of hectares planted

Senator Francis Kiko Pangilinan

asr-001153

by borrower rice farmers per region,

Senator Francis Kiko Pangilinan

asr-001154

number of borrower farmers and borrower fishers per region basis,

Senator Francis Kiko Pangilinan

asr-001155

number of repeat borrowers of farmers

Senator Francis Kiko Pangilinan

asr-001156

and borrower fishers on a per region basis,

Senator Francis Kiko Pangilinan

asr-001157

conversion of loans in terms of rice yield and fish yield,

Senator Francis Kiko Pangilinan

asr-001158

if you have that,

Senator Francis Kiko Pangilinan

asr-001159

by these small fisher folk and farmers,

Senator Francis Kiko Pangilinan

asr-001160

if you can provide us also a table,

Senator Francis Kiko Pangilinan

asr-001161

the lending process with daily timeline requirements,

Senator Francis Kiko Pangilinan

asr-001162

because we have complaints from small farmers and fisher folk that,

Senator Francis Kiko Pangilinan

asr-001163

well, it's bureaucratic, cumbersome,

Senator Francis Kiko Pangilinan

asr-001164

so doon na lang kami uutang sa 5-6

Senator Francis Kiko Pangilinan

asr-001165

kasi mabilis.

Senator Francis Kiko Pangilinan

asr-001166

So, I just want to study it.

Senator Francis Kiko Pangilinan

asr-001167

So, from first contact to SFF.

Senator Francis Kiko Pangilinan

asr-001168

Also, if LBP and DBP can provide details on how many lending account officers you have per region

Senator Francis Kiko Pangilinan

asr-001169

and how many SFF loans these lending account officers have historically approved,

Senator Francis Kiko Pangilinan

asr-001170

we hope we can get that data so that we can,

Senator Francis Kiko Pangilinan

asr-001171

we better understand why your loan portfolio is so small for our farmers

Senator Francis Kiko Pangilinan

asr-001172

when you're supposed to be a farmer's development bank.

Senator Francis Kiko Pangilinan

asr-001173

Where is it?

Senator Francis Kiko Pangilinan

asr-001174

Here you go.

Senator Francis Kiko Pangilinan

asr-001175

Land Bank reports 885.6 AFRD loan portfolio

Senator Francis Kiko Pangilinan

asr-001176

with 2,000,

Senator Francis Kiko Pangilinan

asr-001177

121,254 beneficiaries

Senator Francis Kiko Pangilinan

asr-001178

through institutional borrowers.

Senator Francis Kiko Pangilinan

asr-001179

However,

Senator Francis Kiko Pangilinan

asr-001180

499 billion went to 888 large corporations

Senator Francis Kiko Pangilinan

asr-001181

while only 1.55 billion

Senator Francis Kiko Pangilinan

asr-001182

or 0.175%

Senator Francis Kiko Pangilinan

asr-001183

was directly lent to individual farmers, fisher folk,

Senator Francis Kiko Pangilinan

asr-001184

and agrarian reform beneficiaries.

Senator Francis Kiko Pangilinan

asr-001185

So,

Senator Francis Kiko Pangilinan

asr-001186

we'd like to figure out how to correct that

Senator Francis Kiko Pangilinan

asr-001187

by way,

Senator Francis Kiko Pangilinan

asr-001188

we are currently actually,

Senator Francis Kiko Pangilinan

asr-001189

passed the third reading here in the Senate,

Senator Francis Kiko Pangilinan

asr-001190

the Agri-Co-Ops Bill.

Senator Francis Kiko Pangilinan

asr-001191

We'd like to see if we can put in some incentives,

Senator Francis Kiko Pangilinan

asr-001192

I don't know,

Senator Francis Kiko Pangilinan

asr-001193

in terms of credit

Senator Francis Kiko Pangilinan

asr-001194

for these in the measure.

Senator Francis Kiko Pangilinan

asr-001195

I don't know.

Senator Francis Kiko Pangilinan

asr-001196

I have to study that.

Senator Francis Kiko Pangilinan

asr-001197

So,

Senator Francis Kiko Pangilinan

asr-001198

so,

Senator Francis Kiko Pangilinan

asr-001199

you don't have to answer it now,

Senator Francis Kiko Pangilinan

asr-001200

but,

Senator Francis Kiko Pangilinan

asr-001201

if you can give us the information.

Senator Francis Kiko Pangilinan

asr-001202

For example,

Senator Francis Kiko Pangilinan

asr-001203

of the cooperatives financed by Land Bank,

Senator Francis Kiko Pangilinan

asr-001204

how many have access to government markets?

Senator Francis Kiko Pangilinan

asr-001205

I ask this because

Senator Francis Kiko Pangilinan

asr-001206

with the Sagip-Saka law,

Senator Francis Kiko Pangilinan

asr-001207

how much again?

Senator Francis Kiko Pangilinan

asr-001208

11 billion last year?

Senator Francis Kiko Pangilinan

asr-001209

Yeah, as of June 2026,

Senator Francis Kiko Pangilinan

asr-001210

government has already bought

Senator Francis Kiko Pangilinan

asr-001211

11 billion worth of agri-products.

Senator Francis Kiko Pangilinan

asr-001212

Directly through the Sagip-Saka law.

Senator Francis Kiko Pangilinan

asr-001213

Which means,

Senator Francis Kiko Pangilinan

asr-001214

therefore,

Senator Francis Kiko Pangilinan

asr-001215

that if they have the market,

Senator Francis Kiko Pangilinan

asr-001216

then that's one indicator of creditworthiness.

Senator Francis Kiko Pangilinan

asr-001217

I mean,

Senator Francis Kiko Pangilinan

asr-001218

among others.

Senator Francis Kiko Pangilinan

asr-001219

And therefore,

Senator Francis Kiko Pangilinan

asr-001220

if their markets are secure,

Senator Francis Kiko Pangilinan

asr-001221

they might be able to borrow,

Senator Francis Kiko Pangilinan

asr-001222

expand their operations.

Senator Francis Kiko Pangilinan

asr-001223

So,

Senator Francis Kiko Pangilinan

asr-001224

so,

Senator Francis Kiko Pangilinan

asr-001225

so,

Senator Francis Kiko Pangilinan

asr-001226

if we can get that data,

Senator Francis Kiko Pangilinan

asr-001227

we can get that data.

Senator Francis Kiko Pangilinan

asr-001228

And,

Senator Francis Kiko Pangilinan

asr-001229

I guess that's it,

Senator Francis Kiko Pangilinan

asr-001230

siguro for now.

Senator Francis Kiko Pangilinan

asr-001231

I will yield the floor

Senator Francis Kiko Pangilinan

asr-001232

until I gather my,

Senator Francis Kiko Pangilinan

asr-001233

the other data that I have.

Senator Francis Kiko Pangilinan

asr-001234

Mr. Chairman,

Senator Francis Kiko Pangilinan

asr-001235

thank you very much.

Senator Joseph Victor "JV" G. Ejercito

asr-001236

Yes,

Senator Joseph Victor "JV" G. Ejercito

asr-001237

Secretary Go.

DOF Secretary Frederick D. Go

asr-001238

Mr. Chair,

DOF Secretary Frederick D. Go

asr-001239

I'll just respond quickly

DOF Secretary Frederick D. Go

asr-001240

to Senator Kiko Pangilinan.

DOF Secretary Frederick D. Go

asr-001241

Yeah,

DOF Secretary Frederick D. Go

asr-001242

we will ensure that DBP and Land Bank

DOF Secretary Frederick D. Go

asr-001243

sends you the data that you required

DOF Secretary Frederick D. Go

asr-001244

as soon as possible

DOF Secretary Frederick D. Go

asr-001245

before the plenary.

DOF Secretary Frederick D. Go

asr-001246

Thank you.

Senator Francis Kiko Pangilinan

asr-001247

Yes,

Senator Francis Kiko Pangilinan

asr-001248

we're doing benchmarking.

Senator Francis Kiko Pangilinan

asr-001249

The reason why we're doing this now

Senator Francis Kiko Pangilinan

asr-001250

and gathering the information

Senator Francis Kiko Pangilinan

asr-001251

is because

Senator Francis Kiko Pangilinan

asr-001252

we anticipate that,

Senator Francis Kiko Pangilinan

asr-001253

and the President has identified it

Senator Francis Kiko Pangilinan

asr-001254

as a priority,

Senator Francis Kiko Pangilinan

asr-001255

as a priority,

Senator Francis Kiko Pangilinan

asr-001256

two priority measures.

Senator Francis Kiko Pangilinan

asr-001257

The renationalization

Senator Francis Kiko Pangilinan

asr-001258

of extension services

Senator Francis Kiko Pangilinan

asr-001259

for agri and fisheries,

Senator Francis Kiko Pangilinan

asr-001260

which means

Senator Francis Kiko Pangilinan

asr-001261

we will have boots on the ground.

Senator Francis Kiko Pangilinan

asr-001262

And the reestablishment

Senator Francis Kiko Pangilinan

asr-001263

of the Bureau of Agriculture and Fisheries

Senator Francis Kiko Pangilinan

asr-001264

cooperatives

Senator Francis Kiko Pangilinan

asr-001267

under the DA.

Senator Francis Kiko Pangilinan

asr-001268

So we want to benchmark that

Senator Francis Kiko Pangilinan

asr-001269

because once that is low,

Senator Francis Kiko Pangilinan

asr-001270

then we will now create

Senator Francis Kiko Pangilinan

asr-001271

the information necessary

Senator Francis Kiko Pangilinan

asr-001272

for us to have benchmarked

Senator Francis Kiko Pangilinan

asr-001273

in terms of where are we now.

Senator Francis Kiko Pangilinan

asr-001274

Because once you have

Senator Francis Kiko Pangilinan

asr-001275

extension workers

Senator Francis Kiko Pangilinan

asr-001276

in every municipality,

Senator Francis Kiko Pangilinan

asr-001277

right now, for example,

Senator Francis Kiko Pangilinan

asr-001278

in San Luis, Pampanga,

Senator Francis Kiko Pangilinan

asr-001279

they have 3,500 farmers,

Senator Francis Kiko Pangilinan

asr-001280

but they only have

Senator Francis Kiko Pangilinan

asr-001281

five DA local.

Senator Francis Kiko Pangilinan

asr-001282

Unlike in Taiwan,

Senator Francis Kiko Pangilinan

asr-001283

the ratio of extension workers

Senator Francis Kiko Pangilinan

asr-001284

to farmers

Senator Francis Kiko Pangilinan

asr-001285

is one extension worker,

Senator Francis Kiko Pangilinan

asr-001286

18 farmers.

Senator Francis Kiko Pangilinan

asr-001287

They have 580,000 farmers.

Senator Francis Kiko Pangilinan

asr-001288

They're organized

Senator Francis Kiko Pangilinan

asr-001289

into 320 farmers associations.

Senator Francis Kiko Pangilinan

asr-001290

And of these 320 farmers associations,

Senator Francis Kiko Pangilinan

asr-001291

their members are co-ops.

Senator Francis Kiko Pangilinan

asr-001292

So the co-ops become members

Senator Francis Kiko Pangilinan

asr-001293

of the association

Senator Francis Kiko Pangilinan

asr-001294

and they're organized

Senator Francis Kiko Pangilinan

asr-001295

and have extension worker support

Senator Francis Kiko Pangilinan

asr-001296

of 18 farmers,

Senator Francis Kiko Pangilinan

asr-001297

one extension worker.

Senator Francis Kiko Pangilinan

asr-001298

So you can imagine

Senator Francis Kiko Pangilinan

asr-001299

if we restructure the DA,

Senator Francis Kiko Pangilinan

asr-001300

provide the necessary manpower

Senator Francis Kiko Pangilinan

asr-001301

for extension workers,

Senator Francis Kiko Pangilinan

asr-001302

financial literacy programs,

Senator Francis Kiko Pangilinan

asr-001303

interventions,

Senator Francis Kiko Pangilinan

asr-001304

capacity building, training,

Senator Francis Kiko Pangilinan

asr-001305

and then create the cooperatives,

Senator Francis Kiko Pangilinan

asr-001306

then you will have economies of scale.

Senator Francis Kiko Pangilinan

asr-001307

And then you will be able to

Senator Francis Kiko Pangilinan

asr-001308

get them to become,

Senator Francis Kiko Pangilinan

asr-001309

to become creditworthy

Senator Francis Kiko Pangilinan

asr-001310

and therefore bankable.

Senator Francis Kiko Pangilinan

asr-001311

I mean, for lack of a better term.

Senator Francis Kiko Pangilinan

asr-001312

So that's why we want that data.

Senator Francis Kiko Pangilinan

asr-001313

So there.

Senator Francis Kiko Pangilinan

asr-001314

Anyway,

Senator Francis Kiko Pangilinan

asr-001315

thank you, Secretary Go,

Senator Francis Kiko Pangilinan

asr-001316

for the support.

Senator Joseph Victor "JV" G. Ejercito

asr-001317

Thank you, Senator Pangilinan.

Senator Joseph Victor "JV" G. Ejercito

asr-001318

Chair, we'd like to

Senator Joseph Victor "JV" G. Ejercito

asr-001319

provide some questions.

Senator Joseph Victor "JV" G. Ejercito

asr-001320

Basic, because we have to prepare also.

Senator Joseph Victor "JV" G. Ejercito

asr-001321

Just to remind the

Senator Joseph Victor "JV" G. Ejercito

asr-001322

TOF and the attached agencies

Senator Joseph Victor "JV" G. Ejercito

asr-001323

to prepare also for the plenary.

Senator Joseph Victor "JV" G. Ejercito

asr-001324

Lagi ito, briefing lang ito.

Senator Joseph Victor "JV" G. Ejercito

asr-001325

But we will submit to you

Senator Joseph Victor "JV" G. Ejercito

asr-001326

some questions

Senator Joseph Victor "JV" G. Ejercito

asr-001327

that will not be asked today.

Senator Joseph Victor "JV" G. Ejercito

asr-001328

But please prepare

Senator Joseph Victor "JV" G. Ejercito

asr-001329

so that in the come plenary,

Senator Joseph Victor "JV" G. Ejercito

asr-001330

we will be ready.

Senator Joseph Victor "JV" G. Ejercito

asr-001331

Ganun din, parang sa

Senator Joseph Victor "JV" G. Ejercito

asr-001332

parang sa mga cue cards,

Senator Joseph Victor "JV" G. Ejercito

asr-001333

parang lang ready tayo

Senator Joseph Victor "JV" G. Ejercito

asr-001334

so that we won't have any delays.

Senator Joseph Victor "JV" G. Ejercito

asr-001335

So, anyway,

Senator Joseph Victor "JV" G. Ejercito

asr-001336

sana yun mga kayo dyan.

Senator Joseph Victor "JV" G. Ejercito

asr-001337

Most of,

Senator Joseph Victor "JV" G. Ejercito

asr-001338

I think,

Senator Joseph Victor "JV" G. Ejercito

asr-001339

I can identify

Senator Joseph Victor "JV" G. Ejercito

asr-001340

three USECs here

Senator Joseph Victor "JV" G. Ejercito

asr-001341

became my

Senator Joseph Victor "JV" G. Ejercito

asr-001342

backstops before.

Senator Joseph Victor "JV" G. Ejercito

asr-001343

As I mentioned,

Senator Joseph Victor "JV" G. Ejercito

asr-001344

si USEC Carlo,

Senator Joseph Victor "JV" G. Ejercito

asr-001345

USEC

Senator Joseph Victor "JV" G. Ejercito

asr-001346

Cathy,

Senator Joseph Victor "JV" G. Ejercito

asr-001347

di pala si USEC Crystal,

Senator Joseph Victor "JV" G. Ejercito

asr-001348

nandun din,

Senator Joseph Victor "JV" G. Ejercito

asr-001349

mara USEC na.

Senator Joseph Victor "JV" G. Ejercito

asr-001350

Ito yung mga nagpahirap sa akin

Senator Joseph Victor "JV" G. Ejercito

asr-001351

sa automatic

Senator Joseph Victor "JV" G. Ejercito

asr-001352

classification,

Senator Joseph Victor "JV" G. Ejercito

asr-001353

mining fiscal regime,

Senator Joseph Victor "JV" G. Ejercito

asr-001354

and PPP code.

Senator Joseph Victor "JV" G. Ejercito

asr-001355

Sek, hindi na ako,

Senator Joseph Victor "JV" G. Ejercito

asr-001356

gano'n.

Senator Joseph Victor "JV" G. Ejercito

asr-001357

All of these are

Senator Joseph Victor "JV" G. Ejercito

asr-001358

priority measures

Senator Joseph Victor "JV" G. Ejercito

asr-001359

by revenue generating measures

Senator Joseph Victor "JV" G. Ejercito

asr-001360

by the administration.

Senator Joseph Victor "JV" G. Ejercito

asr-001361

All of these are

Senator Joseph Victor "JV" G. Ejercito

asr-001362

take note,

Senator Joseph Victor "JV" G. Ejercito

asr-001363

hindi ko puli niya lahat ito.

Senator Joseph Victor "JV" G. Ejercito

asr-001364

But,

Senator Joseph Victor "JV" G. Ejercito

asr-001365

but thanks to the

Senator Joseph Victor "JV" G. Ejercito

asr-001366

capable USECs now

Senator Joseph Victor "JV" G. Ejercito

asr-001367

that they were,

Senator Joseph Victor "JV" G. Ejercito

asr-001368

they serve as my backstop before.

Senator Joseph Victor "JV" G. Ejercito

asr-001369

We're able to pass these

Senator Joseph Victor "JV" G. Ejercito

asr-001370

legislations.

Senator Joseph Victor "JV" G. Ejercito

asr-001371

Anyway,

Senator Joseph Victor "JV" G. Ejercito

asr-001372

my first question,

Senator Joseph Victor "JV" G. Ejercito

asr-001373

siguro with regards to na,

Senator Joseph Victor "JV" G. Ejercito

asr-001374

kasi baka tanungin din ito,

Senator Joseph Victor "JV" G. Ejercito

asr-001375

at least we have to be prepared.

Senator Joseph Victor "JV" G. Ejercito

asr-001376

Rising national debt,

Senator Joseph Victor "JV" G. Ejercito

asr-001377

as of July 2026,

Senator Joseph Victor "JV" G. Ejercito

asr-001378

the Philippines' total outstanding debt

Senator Joseph Victor "JV" G. Ejercito

asr-001379

climbed to 19.39 trillion,

Senator Joseph Victor "JV" G. Ejercito

asr-001380

with debt to GDP

Senator Joseph Victor "JV" G. Ejercito

asr-001381

sitting at 66%,

Senator Joseph Victor "JV" G. Ejercito

asr-001382

and is projected to breach

Senator Joseph Victor "JV" G. Ejercito

asr-001383

21.48 trillion

Senator Joseph Victor "JV" G. Ejercito

asr-001384

by the end of 2027.

Senator Joseph Victor "JV" G. Ejercito

asr-001385

To fund the upcoming fiscal year,

Senator Joseph Victor "JV" G. Ejercito

asr-001386

the DOF expects to borrow

Senator Joseph Victor "JV" G. Ejercito

asr-001387

an additional 3.3 trillion.

Senator Joseph Victor "JV" G. Ejercito

asr-001388

This is very concerning

Senator Joseph Victor "JV" G. Ejercito

asr-001389

as debt servicing alone

Senator Joseph Victor "JV" G. Ejercito

asr-001390

under financial expenses,

Senator Joseph Victor "JV" G. Ejercito

asr-001391

will be at 1.114 trillion

Senator Joseph Victor "JV" G. Ejercito

asr-001392

of the national debt budget.

Senator Joseph Victor "JV" G. Ejercito

asr-001393

That's over a trillion pesos

Senator Joseph Victor "JV" G. Ejercito

asr-001394

going to interest

Senator Joseph Victor "JV" G. Ejercito

asr-001395

rather than building hospitals,

Senator Joseph Victor "JV" G. Ejercito

asr-001396

supporting farmers,

Senator Joseph Victor "JV" G. Ejercito

asr-001397

or improving our transport network.

Senator Joseph Victor "JV" G. Ejercito

asr-001398

My question is,

Senator Joseph Victor "JV" G. Ejercito

asr-001399

what concrete revenue measures

Senator Joseph Victor "JV" G. Ejercito

asr-001400

or strategies is the DOF implementing

Senator Joseph Victor "JV" G. Ejercito

asr-001401

to ensure that these massive interest payments

Senator Joseph Victor "JV" G. Ejercito

asr-001402

don't crowd out our spending

Senator Joseph Victor "JV" G. Ejercito

asr-001403

for other important purposes?

DOF Secretary Frederick D. Go

asr-001404

Mr. Chair,

DOF Secretary Frederick D. Go

asr-001405

first, the data that you provided

DOF Secretary Frederick D. Go

asr-001406

is accurate.

DOF Secretary Frederick D. Go

asr-001407

I'd just like to

DOF Secretary Frederick D. Go

asr-001408

reply in two ways,

DOF Secretary Frederick D. Go

asr-001409

then I'll ask Yusek Carlo Adriano

DOF Secretary Frederick D. Go

asr-001410

to pitch in,

DOF Secretary Frederick D. Go

asr-001411

or the National Treasurer,

DOF Secretary Frederick D. Go

asr-001412

Sharon Almanza.

DOF Secretary Frederick D. Go

asr-001413

First,

DOF Secretary Frederick D. Go

asr-001414

what we look at,

DOF Secretary Frederick D. Go

asr-001415

because it is what is comparable

DOF Secretary Frederick D. Go

asr-001416

to the rest of the world,

DOF Secretary Frederick D. Go

asr-001417

is general government debt

DOF Secretary Frederick D. Go

asr-001418

and GDP.

DOF Secretary Frederick D. Go

asr-001419

In short,

DOF Secretary Frederick D. Go

asr-001420

GG debt

DOF Secretary Frederick D. Go

asr-001421

and not national government debt,

DOF Secretary Frederick D. Go

asr-001422

which is NG debt.

DOF Secretary Frederick D. Go

asr-001423

So yes,

DOF Secretary Frederick D. Go

asr-001424

NG debt is roughly around 66%.

DOF Secretary Frederick D. Go

asr-001425

GG debt is roughly around 58%.

DOF Secretary Frederick D. Go

asr-001426

And the World Bank threshold

DOF Secretary Frederick D. Go

asr-001427

right now for a country

DOF Secretary Frederick D. Go

asr-001428

like where we are

DOF Secretary Frederick D. Go

asr-001429

is 70% is the threshold.

DOF Secretary Frederick D. Go

asr-001430

So at 58%

DOF Secretary Frederick D. Go

asr-001431

versus the 70% threshold,

DOF Secretary Frederick D. Go

asr-001432

we have space.

DOF Secretary Frederick D. Go

asr-001433

And I think more importantly,

DOF Secretary Frederick D. Go

asr-001434

by the year 2030,

DOF Secretary Frederick D. Go

asr-001435

our goal is to bring that down

DOF Secretary Frederick D. Go

asr-001436

to 56.1%.

DOF Secretary Frederick D. Go

asr-001437

So there's a path

DOF Secretary Frederick D. Go

asr-001438

to take that down.

DOF Secretary Frederick D. Go

asr-001439

Those are my two replies.

DOF Secretary Frederick D. Go

asr-001440

But I think the most critical reply

DOF Secretary Frederick D. Go

asr-001441

I have, Mr. Chair,

DOF Secretary Frederick D. Go

asr-001442

is that the DOF,

DOF Secretary Frederick D. Go

asr-001443

we generate the revenues.

DOF Secretary Frederick D. Go

asr-001444

And we have to borrow the gap.

DOF Secretary Frederick D. Go

asr-001445

The problem is,

DOF Secretary Frederick D. Go

asr-001446

all the other,

DOF Secretary Frederick D. Go

asr-001447

I'm the only cabinet secretary

DOF Secretary Frederick D. Go

asr-001448

that generates revenues.

DOF Secretary Frederick D. Go

asr-001449

We're the only department

DOF Secretary Frederick D. Go

asr-001450

in the cabinet

DOF Secretary Frederick D. Go

asr-001451

that generates revenue,

DOF Secretary Frederick D. Go

asr-001452

so to speak,

DOF Secretary Frederick D. Go

asr-001453

for the government.

DOF Secretary Frederick D. Go

asr-001454

All the other agencies

DOF Secretary Frederick D. Go

asr-001455

are spending.

DOF Secretary Frederick D. Go

asr-001456

So I think the equation

DOF Secretary Frederick D. Go

asr-001457

of the gap

DOF Secretary Frederick D. Go

asr-001458

cannot be answered

DOF Secretary Frederick D. Go

asr-001459

by DOF alone

DOF Secretary Frederick D. Go

asr-001460

because we generate the revenues

DOF Secretary Frederick D. Go

asr-001461

and we borrow the difference.

DOF Secretary Frederick D. Go

asr-001462

But the other part

DOF Secretary Frederick D. Go

asr-001463

of the equation

DOF Secretary Frederick D. Go

asr-001464

are all the other agencies

DOF Secretary Frederick D. Go

asr-001465

that require the NEP

DOF Secretary Frederick D. Go

asr-001466

or the GAA.

DOF Secretary Frederick D. Go

asr-001467

So, Nt, you want to add?

Senator Joseph Victor "JV" G. Ejercito

asr-001468

Yes, I use the cardio.

DOF Undersecretary Karlo Fermin S. Adriano

asr-001469

Good afternoon, Mr. Chair.

DOF Undersecretary Karlo Fermin S. Adriano

asr-001470

So to ensure that we will meet

DOF Undersecretary Karlo Fermin S. Adriano

asr-001471

our revenue targets,

DOF Undersecretary Karlo Fermin S. Adriano

asr-001472

as you mentioned,

DOF Undersecretary Karlo Fermin S. Adriano

asr-001473

we have implemented

DOF Undersecretary Karlo Fermin S. Adriano

asr-001474

several tax policies

DOF Undersecretary Karlo Fermin S. Adriano

asr-001475

which include the mining

DOF Undersecretary Karlo Fermin S. Adriano

asr-001476

fiscal regime.

DOF Undersecretary Karlo Fermin S. Adriano

asr-001477

And in total,

DOF Undersecretary Karlo Fermin S. Adriano

asr-001478

on average,

DOF Undersecretary Karlo Fermin S. Adriano

asr-001479

that would get us

DOF Undersecretary Karlo Fermin S. Adriano

asr-001480

additional revenue

DOF Undersecretary Karlo Fermin S. Adriano

asr-001481

around 30 billion pesos

DOF Undersecretary Karlo Fermin S. Adriano

asr-001482

total.

DOF Undersecretary Karlo Fermin S. Adriano

asr-001483

And at the same time,

DOF Undersecretary Karlo Fermin S. Adriano

asr-001484

the DOF is pushing

DOF Undersecretary Karlo Fermin S. Adriano

asr-001485

for the progress.

DOF Undersecretary Karlo Fermin S. Adriano

asr-001486

You're promoting

DOF Undersecretary Karlo Fermin S. Adriano

asr-001487

growth, revenue,

DOF Undersecretary Karlo Fermin S. Adriano

asr-001488

equity.

DOF Undersecretary Karlo Fermin S. Adriano

asr-001489

towards socio-economic sustainability

DOF Undersecretary Karlo Fermin S. Adriano

asr-001490

and if legislated into law

DOF Undersecretary Karlo Fermin S. Adriano

asr-001491

that will bring another

DOF Undersecretary Karlo Fermin S. Adriano

asr-001492

net impact of around

DOF Undersecretary Karlo Fermin S. Adriano

asr-001493

43 billion pesos.

DOF Undersecretary Karlo Fermin S. Adriano

asr-001494

Maybe the top can further

DOF Undersecretary Karlo Fermin S. Adriano

asr-001495

discuss what we're doing

DOF Undersecretary Karlo Fermin S. Adriano

asr-001496

to ensure fiscal sustainability

DOF Undersecretary Karlo Fermin S. Adriano

asr-001497

on our debt.

DOF Undersecretary Karlo Fermin S. Adriano

asr-001498

Mga debt stat.

Senator Joseph Victor "JV" G. Ejercito

asr-001499

Yes, Treasurer

Senator Joseph Victor "JV" G. Ejercito

asr-001500

Sharon Almanza.

Treasurer of the Philippines Sharon P. Almanza

asr-001501

Thank you, Mr. Chair.

Treasurer of the Philippines Sharon P. Almanza

asr-001502

On the debt management

Treasurer of the Philippines Sharon P. Almanza

asr-001503

yes, we recognize

Treasurer of the Philippines Sharon P. Almanza

asr-001504

that our debt service

Treasurer of the Philippines Sharon P. Almanza

asr-001505

will be increasing

Treasurer of the Philippines Sharon P. Almanza

asr-001506

especially next year

Treasurer of the Philippines Sharon P. Almanza

asr-001507

but it's really a consequence

Treasurer of the Philippines Sharon P. Almanza

asr-001508

of our

Treasurer of the Philippines Sharon P. Almanza

asr-001509

supporting the deficit

Treasurer of the Philippines Sharon P. Almanza

asr-001510

ensuring that we will have

Treasurer of the Philippines Sharon P. Almanza

asr-001511

more budget for productive

Treasurer of the Philippines Sharon P. Almanza

asr-001512

spending and of course

Treasurer of the Philippines Sharon P. Almanza

asr-001513

support growth but

Treasurer of the Philippines Sharon P. Almanza

asr-001514

we are, as mentioned by the Secretary

Treasurer of the Philippines Sharon P. Almanza

asr-001515

we ensure that we manage

Treasurer of the Philippines Sharon P. Almanza

asr-001516

debt prudently

Treasurer of the Philippines Sharon P. Almanza

asr-001517

making sure that we're able

Treasurer of the Philippines Sharon P. Almanza

asr-001518

to manage the risk

Treasurer of the Philippines Sharon P. Almanza

asr-001519

of our debt portfolio

Treasurer of the Philippines Sharon P. Almanza

asr-001520

minimizing our FX

Treasurer of the Philippines Sharon P. Almanza

asr-001521

exposure in terms of our

Treasurer of the Philippines Sharon P. Almanza

asr-001522

foreign currency

Treasurer of the Philippines Sharon P. Almanza

asr-001523

denominated debt

Treasurer of the Philippines Sharon P. Almanza

asr-001524

but the

Treasurer of the Philippines Sharon P. Almanza

asr-001525

challenge, Mr. Chair, is

Treasurer of the Philippines Sharon P. Almanza

asr-001526

we are really facing

Treasurer of the Philippines Sharon P. Almanza

asr-001527

headwinds. The macroeconomic

Treasurer of the Philippines Sharon P. Almanza

asr-001528

environment is very

Treasurer of the Philippines Sharon P. Almanza

asr-001529

challenging. The rates

Treasurer of the Philippines Sharon P. Almanza

asr-001530

domestically and even abroad

Treasurer of the Philippines Sharon P. Almanza

asr-001531

has taken a lot of place.

Treasurer of the Philippines Sharon P. Almanza

asr-001532

Especially after the war

Treasurer of the Philippines Sharon P. Almanza

asr-001533

and we are actually repricing

Treasurer of the Philippines Sharon P. Almanza

asr-001534

debt that we've incurred

Treasurer of the Philippines Sharon P. Almanza

asr-001535

in the past which

Treasurer of the Philippines Sharon P. Almanza

asr-001536

have very low rates

Treasurer of the Philippines Sharon P. Almanza

asr-001537

and we are replacing them

Treasurer of the Philippines Sharon P. Almanza

asr-001538

with very high

Treasurer of the Philippines Sharon P. Almanza

asr-001539

debt, meaning to say

Treasurer of the Philippines Sharon P. Almanza

asr-001540

higher interest rates

Treasurer of the Philippines Sharon P. Almanza

asr-001541

debt. This is about

Treasurer of the Philippines Sharon P. Almanza

asr-001542

200 to 300 basis points more expensive

Treasurer of the Philippines Sharon P. Almanza

asr-001543

that's why, Mr. Chair, we expect

Treasurer of the Philippines Sharon P. Almanza

asr-001544

that our interest payment will

Treasurer of the Philippines Sharon P. Almanza

asr-001545

increase not only next year

Treasurer of the Philippines Sharon P. Almanza

asr-001546

but in the succeeding

Treasurer of the Philippines Sharon P. Almanza

asr-001547

years. Thank you.

Senator Joseph Victor "JV" G. Ejercito

asr-001548

Thank you.

DOF Secretary Frederick D. Go

asr-001549

Mr. Chair, if I may,

DOF Secretary Frederick D. Go

asr-001550

one last point.

DOF Secretary Frederick D. Go

asr-001551

There is a page 7 in my presentation

DOF Secretary Frederick D. Go

asr-001552

earlier. I think that's a very

DOF Secretary Frederick D. Go

asr-001553

very important slide because it will really

DOF Secretary Frederick D. Go

asr-001554

explain how we try to keep our debt

DOF Secretary Frederick D. Go

asr-001555

levels sustainable

DOF Secretary Frederick D. Go

asr-001556

and manageable.

DOF Secretary Frederick D. Go

asr-001557

There are three ways, right? One is we want to

DOF Secretary Frederick D. Go

asr-001558

borrow as much as possible domestically

DOF Secretary Frederick D. Go

asr-001559

and not borrow in foreign exchange.

DOF Secretary Frederick D. Go

asr-001560

So right now it's about 6733.

DOF Secretary Frederick D. Go

asr-001561

Our goal is always to

DOF Secretary Frederick D. Go

asr-001562

borrow 70 to 75%

DOF Secretary Frederick D. Go

asr-001563

in peso and

DOF Secretary Frederick D. Go

asr-001564

25 to 30% in

DOF Secretary Frederick D. Go

asr-001565

foreign currency.

DOF Secretary Frederick D. Go

asr-001566

Second, we try to borrow always

DOF Secretary Frederick D. Go

asr-001567

if possible in long term

DOF Secretary Frederick D. Go

asr-001568

meaning over five years.

DOF Secretary Frederick D. Go

asr-001569

But I think

DOF Secretary Frederick D. Go

asr-001570

what Treasurer Almanza was

DOF Secretary Frederick D. Go

asr-001571

trying to say is that with the interest rates

DOF Secretary Frederick D. Go

asr-001572

going up now, it's very expensive for us

DOF Secretary Frederick D. Go

asr-001573

to borrow long term. So

DOF Secretary Frederick D. Go

asr-001574

we may have to shift to shorter

DOF Secretary Frederick D. Go

asr-001575

term borrowings because it's cheaper.

DOF Secretary Frederick D. Go

asr-001576

And third is

DOF Secretary Frederick D. Go

asr-001577

the fixed rates. So we

DOF Secretary Frederick D. Go

asr-001578

whenever we borrow, we try to borrow

DOF Secretary Frederick D. Go

asr-001579

for today, up to

DOF Secretary Frederick D. Go

asr-001580

90% of our debt is

DOF Secretary Frederick D. Go

asr-001581

fixed, not variable

DOF Secretary Frederick D. Go

asr-001582

interest rates. So at least there's

DOF Secretary Frederick D. Go

asr-001583

predictability in the

DOF Secretary Frederick D. Go

asr-001584

interest payments of the country.

DOF Secretary Frederick D. Go

asr-001585

Thank you, Mr.

DOF Secretary Frederick D. Go

asr-001586

Chair.

Senator Joseph Victor "JV" G. Ejercito

asr-001586-split-2

Okay, thank you. I agree

Senator Joseph Victor "JV" G. Ejercito

asr-001587

with the LOROS. You have so

Senator Joseph Victor "JV" G. Ejercito

asr-001588

many headwinds now

Senator Joseph Victor "JV" G. Ejercito

asr-001589

considering the Middle

Senator Joseph Victor "JV" G. Ejercito

asr-001590

East crisis internationally.

Senator Joseph Victor "JV" G. Ejercito

asr-001591

Yung headwinds natin. Problema, may

Senator Joseph Victor "JV" G. Ejercito

asr-001592

local din. Because of the flood control

Senator Joseph Victor "JV" G. Ejercito

asr-001593

really affected everything, no?

Senator Joseph Victor "JV" G. Ejercito

asr-001594

Until now. Revenue

Senator Joseph Victor "JV" G. Ejercito

asr-001595

was severely

Senator Joseph Victor "JV" G. Ejercito

asr-001596

affected because of our

Senator Joseph Victor "JV" G. Ejercito

asr-001597

low spending the past

Senator Joseph Victor "JV" G. Ejercito

asr-001598

year. And I think we're still reeling from it

Senator Joseph Victor "JV" G. Ejercito

asr-001599

until now.

Senator Joseph Victor "JV" G. Ejercito

asr-001600

May linyo pang darating. So

Senator Joseph Victor "JV" G. Ejercito

asr-001601

many factors. So triple

Senator Joseph Victor "JV" G. Ejercito

asr-001602

whammy na tayo. Kalao, dobo lang.

Senator Joseph Victor "JV" G. Ejercito

asr-001603

No?

Senator Joseph Victor "JV" G. Ejercito

asr-001604

Hopefully, we can really recover.

Senator Joseph Victor "JV" G. Ejercito

asr-001605

It was mentioned

Senator Joseph Victor "JV" G. Ejercito

asr-001606

by Yossi Carlo, you know, by

Senator Joseph Victor "JV" G. Ejercito

asr-001607

2030, our

Senator Joseph Victor "JV" G. Ejercito

asr-001608

target

Senator Joseph Victor "JV" G. Ejercito

asr-001609

dapat mag-fall from 5.1%

Senator Joseph Victor "JV" G. Ejercito

asr-001610

yung GDP

Senator Joseph Victor "JV" G. Ejercito

asr-001611

in 2020 to 3.5%

Senator Joseph Victor "JV" G. Ejercito

asr-001612

in 2030. Correct?

Senator Joseph Victor "JV" G. Ejercito

asr-001613

Ito ba yung target natin?

DOF Undersecretary Karlo Fermin S. Adriano

asr-001613-split-2

Yes, Mr. Chair.

DOF Undersecretary Karlo Fermin S. Adriano

asr-001614

In terms of fiscal deficit,

DOF Undersecretary Karlo Fermin S. Adriano

asr-001615

from 5.1% in

DOF Undersecretary Karlo Fermin S. Adriano

asr-001616

2027, the target is to go

DOF Undersecretary Karlo Fermin S. Adriano

asr-001617

down to 3.5% by 2030.

DOF Undersecretary Karlo Fermin S. Adriano

asr-001618

But the problem

Senator Joseph Victor "JV" G. Ejercito

asr-001619

is revenue

Senator Joseph Victor "JV" G. Ejercito

asr-001620

effort remains

Senator Joseph Victor "JV" G. Ejercito

asr-001621

nearly flat while

Senator Joseph Victor "JV" G. Ejercito

asr-001622

disbursements fall

Senator Joseph Victor "JV" G. Ejercito

asr-001623

from 20.8% to

Senator Joseph Victor "JV" G. Ejercito

asr-001624

19.1% of GDP.

Senator Joseph Victor "JV" G. Ejercito

asr-001625

Question is, is fiscal

Senator Joseph Victor "JV" G. Ejercito

asr-001626

consolidation therefore primarily

Senator Joseph Victor "JV" G. Ejercito

asr-001627

an expenditure

Senator Joseph Victor "JV" G. Ejercito

asr-001628

compression strategy which services

Senator Joseph Victor "JV" G. Ejercito

asr-001629

investments bear the adjustment?

DOF Secretary Frederick D. Go

asr-001630

Mr. Chair, I'll answer you

DOF Secretary Frederick D. Go

asr-001631

two ways, if I may. The first

DOF Secretary Frederick D. Go

asr-001632

one is our revenues have been growing by

DOF Secretary Frederick D. Go

asr-001633

double digit annually.

DOF Secretary Frederick D. Go

asr-001634

As mentioned earlier, I think

DOF Secretary Frederick D. Go

asr-001635

our revenues have been growing by 10.5%

DOF Secretary Frederick D. Go

asr-001636

annually. So, revenues

DOF Secretary Frederick D. Go

asr-001637

are growing and are expected to

DOF Secretary Frederick D. Go

asr-001638

continue to grow. But

DOF Secretary Frederick D. Go

asr-001639

to answer your question

DOF Secretary Frederick D. Go

asr-001640

directly, yes, it is about expenditure

DOF Secretary Frederick D. Go

asr-001641

compression. The whole

DOF Secretary Frederick D. Go

asr-001642

theory was COVID

DOF Secretary Frederick D. Go

asr-001643

brought about

DOF Secretary Frederick D. Go

asr-001644

a scenario where the government

DOF Secretary Frederick D. Go

asr-001645

had to

DOF Secretary Frederick D. Go

asr-001646

spend

DOF Secretary Frederick D. Go

asr-001647

for the economy

DOF Secretary Frederick D. Go

asr-001648

to recover. But I think we're

DOF Secretary Frederick D. Go

asr-001649

already past COVID.

DOF Secretary Frederick D. Go

asr-001650

And also, the

DOF Secretary Frederick D. Go

asr-001651

equation of

DOF Secretary Frederick D. Go

asr-001652

build, build, build, for example,

DOF Secretary Frederick D. Go

asr-001653

came from a scenario where the

DOF Secretary Frederick D. Go

asr-001654

government's debt to GDP

DOF Secretary Frederick D. Go

asr-001655

when they started

DOF Secretary Frederick D. Go

asr-001656

was 39%.

DOF Secretary Frederick D. Go

asr-001657

The government

DOF Secretary Frederick D. Go

asr-001658

debt to GDP was 39%.

DOF Secretary Frederick D. Go

asr-001659

So, it had a very low base.

DOF Secretary Frederick D. Go

asr-001660

So, the government had a lot of

DOF Secretary Frederick D. Go

asr-001661

fiscal space to

DOF Secretary Frederick D. Go

asr-001662

expand its expenditure.

DOF Secretary Frederick D. Go

asr-001663

At this point,

DOF Secretary Frederick D. Go

asr-001664

with

DOF Secretary Frederick D. Go

asr-001665

our debt to GDP,

DOF Secretary Frederick D. Go

asr-001666

and interest payments, as you correctly

DOF Secretary Frederick D. Go

asr-001667

pointed, now hitting 1.1 trillion

DOF Secretary Frederick D. Go

asr-001668

a year,

DOF Secretary Frederick D. Go

asr-001669

we need to

DOF Secretary Frederick D. Go

asr-001670

exercise, I think,

DOF Secretary Frederick D. Go

asr-001671

more discipline in the

DOF Secretary Frederick D. Go

asr-001672

expenditure going

DOF Secretary Frederick D. Go

asr-001673

forward.

Senator Joseph Victor "JV" G. Ejercito

asr-001674

So, what are the

Senator Joseph Victor "JV" G. Ejercito

asr-001675

DOF's explicit fiscal

Senator Joseph Victor "JV" G. Ejercito

asr-001676

correction triggers?

Senator Joseph Victor "JV" G. Ejercito

asr-001677

Revenue, shortfall,

Senator Joseph Victor "JV" G. Ejercito

asr-001678

deficit, debt service ratio

Senator Joseph Victor "JV" G. Ejercito

asr-001679

of debt to GDP

Senator Joseph Victor "JV" G. Ejercito

asr-001680

level with the government-imposed

Senator Joseph Victor "JV" G. Ejercito

asr-001681

spending restraint,

Senator Joseph Victor "JV" G. Ejercito

asr-001682

proposed new revenue measures, or

Senator Joseph Victor "JV" G. Ejercito

asr-001683

revised the fiscal program?

Senator Joseph Victor "JV" G. Ejercito

asr-001684

Any correction

Senator Joseph Victor "JV" G. Ejercito

asr-001685

triggers?

DOF Secretary Frederick D. Go

asr-001686

Mr. Chair, I think what happens

DOF Secretary Frederick D. Go

asr-001687

is that the DBCC

DOF Secretary Frederick D. Go

asr-001688

meets every

DOF Secretary Frederick D. Go

asr-001689

six months. And when we

DOF Secretary Frederick D. Go

asr-001690

meet, the

DOF Secretary Frederick D. Go

asr-001691

DepDev will give us

DOF Secretary Frederick D. Go

asr-001692

GDP growth projections.

DOF Secretary Frederick D. Go

asr-001693

The central bank will give us

DOF Secretary Frederick D. Go

asr-001694

the inflation projections

DOF Secretary Frederick D. Go

asr-001695

and the foreign exchange projections.

DOF Secretary Frederick D. Go

asr-001696

And on that basis,

DOF Secretary Frederick D. Go

asr-001697

the DOF will compute

DOF Secretary Frederick D. Go

asr-001698

the revenue projections

DOF Secretary Frederick D. Go

asr-001699

based on the numbers that they

DOF Secretary Frederick D. Go

asr-001700

provide us.

DOF Secretary Frederick D. Go

asr-001701

So, I think that the

DOF Secretary Frederick D. Go

asr-001702

adjustments,

DOF Secretary Frederick D. Go

asr-001703

if any,

DOF Secretary Frederick D. Go

asr-001704

if at all, that need to be made,

DOF Secretary Frederick D. Go

asr-001705

happen at these DBCC meetings.

DOF Secretary Frederick D. Go

asr-001706

Sorry, we meet every quarter, right?

DOF Secretary Frederick D. Go

asr-001707

Sorry, we meet every quarter.

DOF Secretary Frederick D. Go

asr-001708

So, every time the DBCC meets,

DOF Secretary Frederick D. Go

asr-001709

if the revenue projections, the growth

DOF Secretary Frederick D. Go

asr-001710

projections, the inflation projections,

DOF Secretary Frederick D. Go

asr-001711

or oil price projections

DOF Secretary Frederick D. Go

asr-001712

change,

DOF Secretary Frederick D. Go

asr-001713

then we adjust accordingly.

Senator Joseph Victor "JV" G. Ejercito

asr-001714

Before I,

Senator Joseph Victor "JV" G. Ejercito

asr-001715

I would like to go to

Senator Joseph Victor "JV" G. Ejercito

asr-001716

the infrastructure spending

Senator Joseph Victor "JV" G. Ejercito

asr-001717

later because I have

Senator Joseph Victor "JV" G. Ejercito

asr-001718

filed Senate Bill No. 2, which

Senator Joseph Victor "JV" G. Ejercito

asr-001719

is the Master Plan for Infrastructure National.

Senator Joseph Victor "JV" G. Ejercito

asr-001720

Development because, as you know,

Senator Joseph Victor "JV" G. Ejercito

asr-001721

one of our weak points is

Senator Joseph Victor "JV" G. Ejercito

asr-001722

infrastructure development.

Senator Joseph Victor "JV" G. Ejercito

asr-001723

Through the years, more than

Senator Joseph Victor "JV" G. Ejercito

asr-001724

siguro, I think, we've been spending

Senator Joseph Victor "JV" G. Ejercito

asr-001725

about 2% only of our GDP

Senator Joseph Victor "JV" G. Ejercito

asr-001726

through the decades.

Senator Joseph Victor "JV" G. Ejercito

asr-001727

Now, it's 5%, but

Senator Joseph Victor "JV" G. Ejercito

asr-001728

through many years, many

Senator Joseph Victor "JV" G. Ejercito

asr-001729

decades, nasa 2%

Senator Joseph Victor "JV" G. Ejercito

asr-001730

na tayo, while the others are spending about

Senator Joseph Victor "JV" G. Ejercito

asr-001731

5%. Last year, at least

Senator Joseph Victor "JV" G. Ejercito

asr-001732

we are now 5%.

Senator Joseph Victor "JV" G. Ejercito

asr-001733

So, because of that, we

Senator Joseph Victor "JV" G. Ejercito

asr-001734

fell behind.

Senator Joseph Victor "JV" G. Ejercito

asr-001735

Our Southeast Asian

Senator Joseph Victor "JV" G. Ejercito

asr-001736

neighbors in infrastructure development

Senator Joseph Victor "JV" G. Ejercito

asr-001737

and probably one of the reasons why

Senator Joseph Victor "JV" G. Ejercito

asr-001738

foreign investors are looking at the

Senator Joseph Victor "JV" G. Ejercito

asr-001739

other way because of our weak

Senator Joseph Victor "JV" G. Ejercito

asr-001740

high cost of

Senator Joseph Victor "JV" G. Ejercito

asr-001741

energy and unstable.

Senator Joseph Victor "JV" G. Ejercito

asr-001742

And,

Senator Joseph Victor "JV" G. Ejercito

asr-001743

nakakalungkot, no? I sent our geekers here

Senator Joseph Victor "JV" G. Ejercito

asr-001744

because we have been

Senator Joseph Victor "JV" G. Ejercito

asr-001745

pushing for local

Senator Joseph Victor "JV" G. Ejercito

asr-001746

strengthening

Senator Joseph Victor "JV" G. Ejercito

asr-001747

local agriculture industry,

Senator Joseph Victor "JV" G. Ejercito

asr-001748

pero para naging import dependent na tayo,

Senator Joseph Victor "JV" G. Ejercito

asr-001749

also,

Senator Joseph Victor "JV" G. Ejercito

asr-001750

we forgot to

Senator Joseph Victor "JV" G. Ejercito

asr-001751

is it because we forgot also to

Senator Joseph Victor "JV" G. Ejercito

asr-001752

to invest

Senator Joseph Victor "JV" G. Ejercito

asr-001753

in industries. Dati may mga industries

Senator Joseph Victor "JV" G. Ejercito

asr-001754

na tayo na, we are import

Senator Joseph Victor "JV" G. Ejercito

asr-001755

dependent. So,

Senator Joseph Victor "JV" G. Ejercito

asr-001756

dalawang problema natin, weak infra and also

Senator Joseph Victor "JV" G. Ejercito

asr-001757

yun nga, yung

Senator Joseph Victor "JV" G. Ejercito

asr-001758

industries,

Senator Joseph Victor "JV" G. Ejercito

asr-001759

we failed to develop.

Senator Joseph Victor "JV" G. Ejercito

asr-001760

So, yung ano ko lang,

Senator Joseph Victor "JV" G. Ejercito

asr-001761

did we

Senator Joseph Victor "JV" G. Ejercito

asr-001762

concentrate so much or we were concerned

Senator Joseph Victor "JV" G. Ejercito

asr-001763

so much with debt servicing that we

Senator Joseph Victor "JV" G. Ejercito

asr-001764

forgot to invest in infrastructure

Senator Joseph Victor "JV" G. Ejercito

asr-001765

and also

Senator Joseph Victor "JV" G. Ejercito

asr-001766

industries as a whole, no?

Senator Joseph Victor "JV" G. Ejercito

asr-001767

To develop. Kasi, while others,

Senator Joseph Victor "JV" G. Ejercito

asr-001768

our Asian neighbors, although they

Senator Joseph Victor "JV" G. Ejercito

asr-001769

have debts also, but they still

Senator Joseph Victor "JV" G. Ejercito

asr-001770

invested heavily in

Senator Joseph Victor "JV" G. Ejercito

asr-001771

infrastructure development and industries.

Senator Joseph Victor "JV" G. Ejercito

asr-001772

That's why they're reaping

Senator Joseph Victor "JV" G. Ejercito

asr-001773

their benefits right now.

Senator Joseph Victor "JV" G. Ejercito

asr-001774

Just general

Senator Joseph Victor "JV" G. Ejercito

asr-001775

because I'm pushing for the master plan for

Senator Joseph Victor "JV" G. Ejercito

asr-001776

infrastructure national development.

DOF Secretary Frederick D. Go

asr-001777

Mr. Chair, if I

DOF Secretary Frederick D. Go

asr-001778

may express, I guess at this point,

DOF Secretary Frederick D. Go

asr-001779

personal opinion, I definitely

DOF Secretary Frederick D. Go

asr-001780

support the

DOF Secretary Frederick D. Go

asr-001781

master plan in infrastructure

DOF Secretary Frederick D. Go

asr-001782

so that all the

DOF Secretary Frederick D. Go

asr-001783

efforts of infrastructure

DOF Secretary Frederick D. Go

asr-001784

development will be

DOF Secretary Frederick D. Go

asr-001785

aligned

DOF Secretary Frederick D. Go

asr-001786

and streamlined

DOF Secretary Frederick D. Go

asr-001787

towards one master plan rather

DOF Secretary Frederick D. Go

asr-001788

than

DOF Secretary Frederick D. Go

asr-001789

yes, in your words correctly,

DOF Secretary Frederick D. Go

asr-001790

Mr. Senator. So,

DOF Secretary Frederick D. Go

asr-001791

yeah, I believe so because

DOF Secretary Frederick D. Go

asr-001792

right now, there's probably too much

DOF Secretary Frederick D. Go

asr-001793

flexibility or discretion

DOF Secretary Frederick D. Go

asr-001794

in

DOF Secretary Frederick D. Go

asr-001795

the various programs. But if there's

DOF Secretary Frederick D. Go

asr-001796

a master plan that has to be followed,

DOF Secretary Frederick D. Go

asr-001797

there's a north star to be followed,

DOF Secretary Frederick D. Go

asr-001798

then all the infrastructure programs can be

DOF Secretary Frederick D. Go

asr-001799

aligned with that.

Senator Joseph Victor "JV" G. Ejercito

asr-001800

Maybe it's also because of our political

Senator Joseph Victor "JV" G. Ejercito

asr-001801

system, yung six years and three

Senator Joseph Victor "JV" G. Ejercito

asr-001802

years. Most presidents are

Senator Joseph Victor "JV" G. Ejercito

asr-001803

looking at the legacy that they will leave

Senator Joseph Victor "JV" G. Ejercito

asr-001804

in their

Senator Joseph Victor "JV" G. Ejercito

asr-001805

presidencies. Kaya six years lang at

Senator Joseph Victor "JV" G. Ejercito

asr-001806

three years. Bihira yung

Senator Joseph Victor "JV" G. Ejercito

asr-001807

nag-iisip ng long term. And when,

Senator Joseph Victor "JV" G. Ejercito

asr-001808

when you talk about big ticket items,

Senator Joseph Victor "JV" G. Ejercito

asr-001809

from planning to study,

Senator Joseph Victor "JV" G. Ejercito

asr-001810

study to planning to execution,

Senator Joseph Victor "JV" G. Ejercito

asr-001811

implementation, construction itself,

Senator Joseph Victor "JV" G. Ejercito

asr-001812

that takes about

Senator Joseph Victor "JV" G. Ejercito

asr-001813

30, 40, 50 years.

Senator Joseph Victor "JV" G. Ejercito

asr-001814

And yan, dapat ganun ng planning.

Senator Joseph Victor "JV" G. Ejercito

asr-001815

That's why I'm pushing for this.

Senator Joseph Victor "JV" G. Ejercito

asr-001816

It's now Senate Bill No. 2 and it's

Senator Joseph Victor "JV" G. Ejercito

asr-001817

being prioritized as a

Senator Joseph Victor "JV" G. Ejercito

asr-001818

led-up priority measure.

Senator Joseph Victor "JV" G. Ejercito

asr-001819

I'm hoping, Sek, that this will become

Senator Joseph Victor "JV" G. Ejercito

asr-001820

the blueprint of our, that will be our

Senator Joseph Victor "JV" G. Ejercito

asr-001821

direction in the future. So,

Senator Joseph Victor "JV" G. Ejercito

asr-001822

thank you for

Senator Joseph Victor "JV" G. Ejercito

asr-001823

in advance for your support. So, yun

Senator Joseph Victor "JV" G. Ejercito

asr-001824

ang natin, no?

Senator Joseph Victor "JV" G. Ejercito

asr-001825

Parang we have been, we have under-invested

Senator Joseph Victor "JV" G. Ejercito

asr-001826

in infrastructure and

Senator Joseph Victor "JV" G. Ejercito

asr-001827

industries needed to

Senator Joseph Victor "JV" G. Ejercito

asr-001828

grow the economy, hopefully with this

Senator Joseph Victor "JV" G. Ejercito

asr-001829

infrastructure. Kasama rin nito,

Senator Joseph Victor "JV" G. Ejercito

asr-001830

it's not just infrastructure, transport,

Senator Joseph Victor "JV" G. Ejercito

asr-001831

energy, even

Senator Joseph Victor "JV" G. Ejercito

asr-001832

industries, no?

Senator Joseph Victor "JV" G. Ejercito

asr-001833

Will be part of this. So,

Senator Joseph Victor "JV" G. Ejercito

asr-001834

what are the policies to

Senator Joseph Victor "JV" G. Ejercito

asr-001835

maintain fiscal discipline without sacrificing

Senator Joseph Victor "JV" G. Ejercito

asr-001836

infrastructure and

Senator Joseph Victor "JV" G. Ejercito

asr-001837

other investments?

Senator Joseph Victor "JV" G. Ejercito

asr-001838

Will we have, will we

Senator Joseph Victor "JV" G. Ejercito

asr-001839

enforce policies to maintain

Senator Joseph Victor "JV" G. Ejercito

asr-001840

fiscal discipline without sacrificing

Senator Joseph Victor "JV" G. Ejercito

asr-001841

infrastructure and other investments?

Senator Joseph Victor "JV" G. Ejercito

asr-001842

You can couch your answer in

Senator Joseph Victor "JV" G. Ejercito

asr-001843

diplomatic

Senator Joseph Victor "JV" G. Ejercito

asr-001844

language.

DOF Secretary Frederick D. Go

asr-001845

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

DOF Secretary Frederick D. Go

asr-001846

pay

DOF Secretary Frederick D. Go

asr-001847

what we are contractually obligated to pay,

DOF Secretary Frederick D. Go

asr-001848

we'll destroy

DOF Secretary Frederick D. Go

asr-001849

our reputation

DOF Secretary Frederick D. Go

asr-001850

and credibility beyond

DOF Secretary Frederick D. Go

asr-001851

repair for

DOF Secretary Frederick D. Go

asr-001852

maybe the next few generations.

DOF Secretary Frederick D. Go

asr-001853

So, interest payments

DOF Secretary Frederick D. Go

asr-001854

is not something that we

DOF Secretary Frederick D. Go

asr-001855

have liberty to

DOF Secretary Frederick D. Go

asr-001856

adjust or to postpone.

DOF Secretary Frederick D. Go

asr-001857

So, if you look at the rest of the budget,

DOF Secretary Frederick D. Go

asr-001858

I will take your advice to couch it as

DOF Secretary Frederick D. Go

asr-001859

diplomatically as possible.

DOF Secretary Frederick D. Go

asr-001860

If you look at the rest of the

DOF Secretary Frederick D. Go

asr-001861

budget of 6.1 trillion

DOF Secretary Frederick D. Go

asr-001862

pesos,

DOF Secretary Frederick D. Go

asr-001863

I think the

DOF Secretary Frederick D. Go

asr-001864

flexibility of

DOF Secretary Frederick D. Go

asr-001865

the national government is getting

DOF Secretary Frederick D. Go

asr-001866

tighter and

DOF Secretary Frederick D. Go

asr-001867

tighter.

DOF Secretary Frederick D. Go

asr-001868

We almost have very

DOF Secretary Frederick D. Go

asr-001869

little room to actually

DOF Secretary Frederick D. Go

asr-001870

maneuver

DOF Secretary Frederick D. Go

asr-001871

within the

DOF Secretary Frederick D. Go

asr-001872

budget.

DOF Secretary Frederick D. Go

asr-001873

A lot of

DOF Secretary Frederick D. Go

asr-001874

budget line items are

DOF Secretary Frederick D. Go

asr-001875

actually

DOF Secretary Frederick D. Go

asr-001876

dictated by legislation

DOF Secretary Frederick D. Go

asr-001877

or earmarked

DOF Secretary Frederick D. Go

asr-001878

or are

DOF Secretary Frederick D. Go

asr-001879

obligated by

DOF Secretary Frederick D. Go

asr-001880

law.

DOF Secretary Frederick D. Go

asr-001881

And it's becoming more and more

DOF Secretary Frederick D. Go

asr-001882

difficult

DOF Secretary Frederick D. Go

asr-001883

for, and it will become

DOF Secretary Frederick D. Go

asr-001884

even more difficult for future

DOF Secretary Frederick D. Go

asr-001885

administrations

DOF Secretary Frederick D. Go

asr-001886

to move

DOF Secretary Frederick D. Go

asr-001887

around the fiscal space.

Senator Francis Kiko Pangilinan

asr-001888

But of course, it's a combination of interventions as well as foreign direct investments,

Senator Francis Kiko Pangilinan

asr-001889

better tax

Senator Francis Kiko Pangilinan

asr-001890

take, etc.

Senator Francis Kiko Pangilinan

asr-001891

will help create

Senator Francis Kiko Pangilinan

asr-001892

the environment

Senator Francis Kiko Pangilinan

asr-001893

that will give you more fiscal space.

Senator Francis Kiko Pangilinan

asr-001894

For example,

Senator Francis Kiko Pangilinan

asr-001895

the foreign direct

Senator Francis Kiko Pangilinan

asr-001896

investments during President Aquino's

Senator Francis Kiko Pangilinan

asr-001897

time was

Senator Francis Kiko Pangilinan

asr-001898

larger than

Senator Francis Kiko Pangilinan

asr-001899

all other

Senator Francis Kiko Pangilinan

asr-001900

administrations prior to him.

Senator Francis Kiko Pangilinan

asr-001901

The data

Senator Francis Kiko Pangilinan

asr-001902

will show that.

Senator Francis Kiko Pangilinan

asr-001903

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.

Senator Francis Kiko Pangilinan

asr-001904

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.

Senator Francis Kiko Pangilinan

asr-001905

So I agree with you, the fiscal space is so tight.

Senator Francis Kiko Pangilinan

asr-001906

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.

Senator Francis Kiko Pangilinan

asr-001907

As was mentioned last year, the flood control scandal really dampened investors' confidence.

Senator Francis Kiko Pangilinan

asr-001908

In the country, and that affected, again, you know, the climate for investments for the country.

Senator Francis Kiko Pangilinan

asr-001909

And that's why you had to scale down all your projections, your growth targets because of certain events that took place.

Senator Francis Kiko Pangilinan

asr-001910

So we just go back to the drawing board, figure out why, how to, you know, address those.

Senator Francis Kiko Pangilinan

asr-001911

The factors that led to the loss of investors' confidence, among others.

Senator Francis Kiko Pangilinan

asr-001912

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.

Senator Francis Kiko Pangilinan

asr-001913

What is the contribution of government to GDP today? 20 percent? 22 percent?

Senator Francis Kiko Pangilinan

asr-001914

What is it? GDP contribution? 22.

Senator Francis Kiko Pangilinan

asr-001915

And so, 78 percent of GDP is private sector.

Senator Francis Kiko Pangilinan

asr-001916

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.

Senator Francis Kiko Pangilinan

asr-001917

That's why good governance predictability.

Senator Francis Kiko Pangilinan

asr-001918

Good governance predictability, anti-corruption, these are all big words, but they will translate into a climate conducive to investments.

Senator Francis Kiko Pangilinan

asr-001919

And it has to be, and maybe it has to be consistent, not just in a six-year period.

Senator Francis Kiko Pangilinan

asr-001920

And if you look at our neighbors in the region, they all had at least 20 years of continuity in policy.

Senator Francis Kiko Pangilinan

asr-001921

I'm not, I'm not endorsing.

Senator Francis Kiko Pangilinan

asr-001922

Dictatorship or whatever.

Senator Francis Kiko Pangilinan

asr-001923

I'm just saying, because Indonesia was able to do it through elections.

Senator Francis Kiko Pangilinan

asr-001924

You know, they had 18 years of Megawati, Susilo, Vidodo, in terms of their policies.

Senator Francis Kiko Pangilinan

asr-001925

UMNO, I've been around for the last 30 years.

Senator Francis Kiko Pangilinan

asr-001926

South Korea, the same.

Senator Francis Kiko Pangilinan

asr-001927

They had 20 years of consistency in policy, predictability.

Senator Francis Kiko Pangilinan

asr-001928

Thailand, the same, because of the king and continuity.

Senator Francis Kiko Pangilinan

asr-001929

Vietnam, continuity.

Senator Francis Kiko Pangilinan

asr-001930

Taiwan, continuity.

Senator Francis Kiko Pangilinan

asr-001931

Tayo lang yung pagbagong presidente, bagong patakaran, di naman.

Senator Francis Kiko Pangilinan

asr-001932

So, so forth and so on.

Senator Francis Kiko Pangilinan

asr-001933

So, that's a challenge.

Senator Francis Kiko Pangilinan

asr-001934

You know, that's a challenge.

Senator Francis Kiko Pangilinan

asr-001935

But I think these basic interventions of good governance, confidence building,

Senator Francis Kiko Pangilinan

asr-001936

will, will bring.

Senator Francis Kiko Pangilinan

asr-001937

us to a

Senator Francis Kiko Pangilinan

asr-001938

sweet spot.

Senator Francis Kiko Pangilinan

asr-001939

We used to be the sweet spot of

Senator Francis Kiko Pangilinan

asr-001940

Asia for a time.

Senator Francis Kiko Pangilinan

asr-001941

6% growth consistently

Senator Francis Kiko Pangilinan

asr-001942

for 6 years.

Senator Francis Kiko Pangilinan

asr-001943

We even hit 7.2% growth.

Senator Francis Kiko Pangilinan

asr-001944

You don't have to reinvent

Senator Francis Kiko Pangilinan

asr-001945

the wheel. Sorry, that's my...

Senator Francis Kiko Pangilinan

asr-001946

So we look forward

Senator Francis Kiko Pangilinan

asr-001947

to the next 2 years.

Senator Francis Kiko Pangilinan

asr-001948

The election cycle is coming up.

Senator Francis Kiko Pangilinan

asr-001949

Let's prepare for that

Senator Francis Kiko Pangilinan

asr-001950

and bring good governance

Senator Francis Kiko Pangilinan

asr-001951

front and center

Senator Francis Kiko Pangilinan

asr-001952

in our governance

Senator Francis Kiko Pangilinan

asr-001953

mantra.

Senator Francis Kiko Pangilinan

asr-001954

And we

Senator Francis Kiko Pangilinan

asr-001955

will achieve

Senator Francis Kiko Pangilinan

asr-001956

so much in terms of

Senator Francis Kiko Pangilinan

asr-001957

addressing the lack

Senator Francis Kiko Pangilinan

asr-001958

of fiscal space that

Senator Francis Kiko Pangilinan

asr-001959

we have now.

DOF Secretary Frederick D. Go

asr-001960

Sir Chair,

DOF Secretary Frederick D. Go

asr-001961

30-second response.

DOF Secretary Frederick D. Go

asr-001962

I agree with you, Mr. Senator, which is

DOF Secretary Frederick D. Go

asr-001963

exactly why I spent the better part

DOF Secretary Frederick D. Go

asr-001964

of my first 3 years in government

DOF Secretary Frederick D. Go

asr-001965

trying to attract investments

DOF Secretary Frederick D. Go

asr-001966

and creating an environment

DOF Secretary Frederick D. Go

asr-001967

conducive for doing business.

DOF Secretary Frederick D. Go

asr-001968

So I totally agree with you.

DOF Secretary Frederick D. Go

asr-001969

I would just like to say that I was

DOF Secretary Frederick D. Go

asr-001970

responding directly

DOF Secretary Frederick D. Go

asr-001971

to the Chair's comment of

DOF Secretary Frederick D. Go

asr-001972

why can't we spend 5%

DOF Secretary Frederick D. Go

asr-001973

of GDP for infrastructure.

DOF Secretary Frederick D. Go

asr-001974

I was just explaining the tight

DOF Secretary Frederick D. Go

asr-001975

space

DOF Secretary Frederick D. Go

asr-001976

in the expenditure side

DOF Secretary Frederick D. Go

asr-001977

which limits the

DOF Secretary Frederick D. Go

asr-001978

percentage of the budget

DOF Secretary Frederick D. Go

asr-001979

that can be allocated

DOF Secretary Frederick D. Go

asr-001980

to infrastructure.

Senator Francis Kiko Pangilinan

asr-001981

In fact, if I may just

Senator Francis Kiko Pangilinan

asr-001982

I remember in my first term

Senator Francis Kiko Pangilinan

asr-001983

the budget of the Department

Senator Francis Kiko Pangilinan

asr-001984

of Public Works was about

Senator Francis Kiko Pangilinan

asr-001985

160 billion.

Senator Francis Kiko Pangilinan

asr-001986

And that's why

Senator Francis Kiko Pangilinan

asr-001987

we had to have EVAT and all that

Senator Francis Kiko Pangilinan

asr-001988

because we didn't have

Senator Francis Kiko Pangilinan

asr-001989

the space

Senator Francis Kiko Pangilinan

asr-001990

to spend on infrastructure.

Senator Francis Kiko Pangilinan

asr-001991

Today, ano na ba ang budget ng

Senator Francis Kiko Pangilinan

asr-001992

Public Works today? It's about over

Senator Francis Kiko Pangilinan

asr-001993

a trillion or

Senator Francis Kiko Pangilinan

asr-001994

hitting a trillion. So that's

Senator Francis Kiko Pangilinan

asr-001995

7 to 10 times

Senator Francis Kiko Pangilinan

asr-001996

more than it was

Senator Francis Kiko Pangilinan

asr-001997

20 years ago.

Senator Francis Kiko Pangilinan

asr-001998

So, you know,

Senator Francis Kiko Pangilinan

asr-001999

we should be able to do

Senator Francis Kiko Pangilinan

asr-002000

for me, of course, my bias is agriculture.

Senator Francis Kiko Pangilinan

asr-002001

If we were able to bring

Senator Francis Kiko Pangilinan

asr-002002

7-fold increase

Senator Francis Kiko Pangilinan

asr-002003

in the infrastructure budget

Senator Francis Kiko Pangilinan

asr-002004

in 20 years,

Senator Francis Kiko Pangilinan

asr-002005

we should be able to do the same.

Senator Francis Kiko Pangilinan

asr-002006

7-fold increase in the agribudget

Senator Francis Kiko Pangilinan

asr-002007

in the next 10-15 years.

Senator Francis Kiko Pangilinan

asr-002008

But you're right.

Senator Francis Kiko Pangilinan

asr-002009

You know, that will require

Senator Francis Kiko Pangilinan

asr-002010

confidence

Senator Francis Kiko Pangilinan

asr-002011

in the

Senator Francis Kiko Pangilinan

asr-002012

economy and

Senator Francis Kiko Pangilinan

asr-002013

investor confidence

Senator Francis Kiko Pangilinan

asr-002014

and creating more jobs.

Senator Joseph Victor "JV" G. Ejercito

asr-002015

Yes.

Senator Joseph Victor "JV" G. Ejercito

asr-002016

Anyway,

Senator Joseph Victor "JV" G. Ejercito

asr-002017

that's the reason why I'm really pushing for

Senator Joseph Victor "JV" G. Ejercito

asr-002018

the Master Plan

Senator Joseph Victor "JV" G. Ejercito

asr-002019

for Infrastructure and National Development.

Senator Joseph Victor "JV" G. Ejercito

asr-002020

Aside from the

Senator Joseph Victor "JV" G. Ejercito

asr-002021

things that the Center

Senator Joseph Victor "JV" G. Ejercito

asr-002022

Pangilin measured or what

Senator Joseph Victor "JV" G. Ejercito

asr-002023

should be

Senator Joseph Victor "JV" G. Ejercito

asr-002024

done, is that

Senator Joseph Victor "JV" G. Ejercito

asr-002025

we have to aim for

Senator Joseph Victor "JV" G. Ejercito

asr-002026

we have to aim for

Senator Joseph Victor "JV" G. Ejercito

asr-002027

job generation.

Senator Joseph Victor "JV" G. Ejercito

asr-002028

We have to stimulate economic growth

Senator Joseph Victor "JV" G. Ejercito

asr-002029

through

Senator Joseph Victor "JV" G. Ejercito

asr-002030

infrastructure spending

Senator Joseph Victor "JV" G. Ejercito

asr-002031

and massive

Senator Joseph Victor "JV" G. Ejercito

asr-002032

infrastructure.

Senator Joseph Victor "JV" G. Ejercito

asr-002033

The idea is really to spread out the development

Senator Joseph Victor "JV" G. Ejercito

asr-002034

especially to the countrysides

Senator Joseph Victor "JV" G. Ejercito

asr-002035

and stimulate

Senator Joseph Victor "JV" G. Ejercito

asr-002036

economic growth.

Senator Joseph Victor "JV" G. Ejercito

asr-002037

In a nutshell,

Senator Joseph Victor "JV" G. Ejercito

asr-002038

we create growth nodes,

Senator Joseph Victor "JV" G. Ejercito

asr-002039

growth areas in different parts of the country,

Senator Joseph Victor "JV" G. Ejercito

asr-002040

especially with Mindanao Railway System.

Senator Joseph Victor "JV" G. Ejercito

asr-002041

I will go,

Senator Joseph Victor "JV" G. Ejercito

asr-002042

I ask that with DepDev,

Senator Joseph Victor "JV" G. Ejercito

asr-002043

I'm hoping that it will still be pursued because

Senator Joseph Victor "JV" G. Ejercito

asr-002044

Mindanao is the most,

Senator Joseph Victor "JV" G. Ejercito

asr-002045

is the most,

Senator Joseph Victor "JV" G. Ejercito

asr-002046

is the richest among the islands

Senator Joseph Victor "JV" G. Ejercito

asr-002047

and the potential has not been reached.

Senator Joseph Victor "JV" G. Ejercito

asr-002048

Hindi natin na abot yung potential

Senator Joseph Victor "JV" G. Ejercito

asr-002049

ng Mindanao because of the decades of strife.

Senator Joseph Victor "JV" G. Ejercito

asr-002050

Now that we have

Senator Joseph Victor "JV" G. Ejercito

asr-002051

the bangsa more organic law now,

Senator Joseph Victor "JV" G. Ejercito

asr-002052

we have a chance for peace,

Senator Joseph Victor "JV" G. Ejercito

asr-002053

but it has to be followed up

Senator Joseph Victor "JV" G. Ejercito

asr-002054

with,

Senator Joseph Victor "JV" G. Ejercito

asr-002055

economic development.

Senator Joseph Victor "JV" G. Ejercito

asr-002056

But we need investments.

Senator Joseph Victor "JV" G. Ejercito

asr-002057

We need to pursue the Mindanao Railway

Senator Joseph Victor "JV" G. Ejercito

asr-002058

because I believe that

Senator Joseph Victor "JV" G. Ejercito

asr-002059

yung po-secessionist movement

Senator Joseph Victor "JV" G. Ejercito

asr-002060

in the central and the western

Senator Joseph Victor "JV" G. Ejercito

asr-002061

and then the

Senator Joseph Victor "JV" G. Ejercito

asr-002062

insurgency in the eastern side.

Senator Joseph Victor "JV" G. Ejercito

asr-002063

But if you have the railway

Senator Joseph Victor "JV" G. Ejercito

asr-002064

and the infrastructure,

Senator Joseph Victor "JV" G. Ejercito

asr-002065

we develop these areas,

Senator Joseph Victor "JV" G. Ejercito

asr-002066

create growth nodes

Senator Joseph Victor "JV" G. Ejercito

asr-002067

and create jobs and opportunities.

Senator Joseph Victor "JV" G. Ejercito

asr-002068

Parang, you know,

Senator Joseph Victor "JV" G. Ejercito

asr-002069

I think in the end,

Senator Joseph Victor "JV" G. Ejercito

asr-002070

we have to strive

Senator Joseph Victor "JV" G. Ejercito

asr-002071

to create jobs

Senator Joseph Victor "JV" G. Ejercito

asr-002072

in the,

Senator Joseph Victor "JV" G. Ejercito

asr-002073

investments that would generate jobs

Senator Joseph Victor "JV" G. Ejercito

asr-002074

and opportunities

Senator Joseph Victor "JV" G. Ejercito

asr-002075

because we cannot go on,

Senator Joseph Victor "JV" G. Ejercito

asr-002076

hindi naman tayo pwedeng magdepende

Senator Joseph Victor "JV" G. Ejercito

asr-002077

sa ayuda,

Senator Joseph Victor "JV" G. Ejercito

asr-002078

bumuhay natin.

Senator Joseph Victor "JV" G. Ejercito

asr-002079

This is not sustainable.

Senator Joseph Victor "JV" G. Ejercito

asr-002080

So,

Senator Joseph Victor "JV" G. Ejercito

asr-002081

ayun.

Senator Joseph Victor "JV" G. Ejercito

asr-002082

Anyway, thank you very much

Senator Joseph Victor "JV" G. Ejercito

asr-002083

for the support

Senator Joseph Victor "JV" G. Ejercito

asr-002084

for the master plan

Senator Joseph Victor "JV" G. Ejercito

asr-002085

because that's our target.

Senator Joseph Victor "JV" G. Ejercito

asr-002086

That's our aim really

Senator Joseph Victor "JV" G. Ejercito

asr-002087

is to spread out development

Senator Joseph Victor "JV" G. Ejercito

asr-002088

and create jobs

Senator Joseph Victor "JV" G. Ejercito

asr-002089

and opportunities

Senator Joseph Victor "JV" G. Ejercito

asr-002090

in the long run.

Senator Joseph Victor "JV" G. Ejercito

asr-002091

So,

Senator Joseph Victor "JV" G. Ejercito

asr-002092

yung po,

Senator Joseph Victor "JV" G. Ejercito

asr-002093

siguro sa tech ko,

Senator Joseph Victor "JV" G. Ejercito

asr-002094

I,

Senator Joseph Victor "JV" G. Ejercito

asr-002095

I'd just like to ask,

Senator Joseph Victor "JV" G. Ejercito

asr-002096

we had a problem,

Senator Joseph Victor "JV" G. Ejercito

asr-002097

I know for a fact that Japan

Senator Joseph Victor "JV" G. Ejercito

asr-002098

and JICA brought this

Senator Joseph Victor "JV" G. Ejercito

asr-002099

to the attention of the president

Senator Joseph Victor "JV" G. Ejercito

asr-002100

in his last working visit,

Senator Joseph Victor "JV" G. Ejercito

asr-002101

yung

Senator Joseph Victor "JV" G. Ejercito

asr-002102

our delay in the payments,

Senator Joseph Victor "JV" G. Ejercito

asr-002103

dun sa,

Senator Joseph Victor "JV" G. Ejercito

asr-002104

nagkantay ng delay,

Senator Joseph Victor "JV" G. Ejercito

asr-002105

sa ating foreign assisted,

Senator Joseph Victor "JV" G. Ejercito

asr-002106

sa,

Senator Joseph Victor "JV" G. Ejercito

asr-002107

in particular,

Senator Joseph Victor "JV" G. Ejercito

asr-002108

the NSCR,

Senator Joseph Victor "JV" G. Ejercito

asr-002109

the North-South Commuter Railway

Senator Joseph Victor "JV" G. Ejercito

asr-002110

and the Metro-Manila Subway.

Senator Joseph Victor "JV" G. Ejercito

asr-002111

I think one of the,

Senator Joseph Victor "JV" G. Ejercito

asr-002112

one of the reasons,

Senator Joseph Victor "JV" G. Ejercito

asr-002113

one of the factor,

Senator Joseph Victor "JV" G. Ejercito

asr-002114

one of the reasons

Senator Joseph Victor "JV" G. Ejercito

asr-002115

is the,

Senator Joseph Victor "JV" G. Ejercito

asr-002116

yung GOP portion

Senator Joseph Victor "JV" G. Ejercito

asr-002117

yung payment

Senator Joseph Victor "JV" G. Ejercito

asr-002118

for the foreign assisted,

Senator Joseph Victor "JV" G. Ejercito

asr-002119

was lodged

Senator Joseph Victor "JV" G. Ejercito

asr-002120

under the unprogrammed funds

Senator Joseph Victor "JV" G. Ejercito

asr-002121

for two years.

Senator Joseph Victor "JV" G. Ejercito

asr-002122

And,

Senator Joseph Victor "JV" G. Ejercito

asr-002123

ang nangyari dito,

Senator Joseph Victor "JV" G. Ejercito

asr-002124

we were delayed

Senator Joseph Victor "JV" G. Ejercito

asr-002125

for almost,

Senator Joseph Victor "JV" G. Ejercito

asr-002126

dapat 2020,

Senator Joseph Victor "JV" G. Ejercito

asr-002127

partially,

Senator Joseph Victor "JV" G. Ejercito

asr-002128

as running already

Senator Joseph Victor "JV" G. Ejercito

asr-002129

ang NSCR

Senator Joseph Victor "JV" G. Ejercito

asr-002130

and Metro-Manila Subway.

Senator Joseph Victor "JV" G. Ejercito

asr-002131

Now,

Senator Joseph Victor "JV" G. Ejercito

asr-002132

it's 2032.

Senator Joseph Victor "JV" G. Ejercito

asr-002133

2032.

Senator Joseph Victor "JV" G. Ejercito

asr-002134

Lahat po kasi na pushback.

Senator Joseph Victor "JV" G. Ejercito

asr-002135

So,

Senator Joseph Victor "JV" G. Ejercito

asr-002136

my question is,

Senator Joseph Victor "JV" G. Ejercito

asr-002137

can you think of any mechanism

Senator Joseph Victor "JV" G. Ejercito

asr-002138

that we can institutionalize

Senator Joseph Victor "JV" G. Ejercito

asr-002139

to protect

Senator Joseph Victor "JV" G. Ejercito

asr-002140

funding for foreign assisted projects?

Senator Joseph Victor "JV" G. Ejercito

asr-002141

Because the more

Senator Joseph Victor "JV" G. Ejercito

asr-002142

we get delayed,

Senator Joseph Victor "JV" G. Ejercito

asr-002143

the higher cost it will be.

Senator Joseph Victor "JV" G. Ejercito

asr-002144

And, it will be,

Senator Joseph Victor "JV" G. Ejercito

asr-002145

madi-delay din yung,

Senator Joseph Victor "JV" G. Ejercito

asr-002146

madi-delay din yung

Senator Joseph Victor "JV" G. Ejercito

asr-002147

operation.

Senator Joseph Victor "JV" G. Ejercito

asr-002148

Especially now that

Senator Joseph Victor "JV" G. Ejercito

asr-002149

nagkaroon pa ng ano,

Senator Joseph Victor "JV" G. Ejercito

asr-002150

ng devaluation.

Senator Joseph Victor "JV" G. Ejercito

asr-002151

Before,

Senator Joseph Victor "JV" G. Ejercito

asr-002152

if I'm not mistaken,

Senator Joseph Victor "JV" G. Ejercito

asr-002153

nasa 40 plus yata yung

Senator Joseph Victor "JV" G. Ejercito

asr-002154

yung peso to dollar.

Senator Joseph Victor "JV" G. Ejercito

asr-002155

Now, it's now 60.

Senator Joseph Victor "JV" G. Ejercito

asr-002156

So, all,

Senator Joseph Victor "JV" G. Ejercito

asr-002157

the more the delay,

Senator Joseph Victor "JV" G. Ejercito

asr-002158

the more it will be costly for us.

Senator Joseph Victor "JV" G. Ejercito

asr-002159

So, any

Senator Joseph Victor "JV" G. Ejercito

asr-002160

mechanism that

Senator Joseph Victor "JV" G. Ejercito

asr-002161

we can institutionalize

Senator Joseph Victor "JV" G. Ejercito

asr-002162

to protect funding

Senator Joseph Victor "JV" G. Ejercito

asr-002163

for the foreign assisted projects?

DOF Secretary Frederick D. Go

asr-002164

Yeah, Mr. Chair.

DOF Secretary Frederick D. Go

asr-002165

I fully agree with you.

DOF Secretary Frederick D. Go

asr-002166

But, I'm now stepping

DOF Secretary Frederick D. Go

asr-002167

into the space of the

DOF Secretary Frederick D. Go

asr-002168

DBM.

DOF Secretary Frederick D. Go

asr-002169

But, I do believe that

DOF Secretary Frederick D. Go

asr-002170

these kinds of projects,

DOF Secretary Frederick D. Go

asr-002171

again, because there's

DOF Secretary Frederick D. Go

asr-002172

our contractual obligations

DOF Secretary Frederick D. Go

asr-002173

entered into by the state,

DOF Secretary Frederick D. Go

asr-002174

they should be in the

DOF Secretary Frederick D. Go

asr-002175

programmed appropriations.

DOF Secretary Frederick D. Go

asr-002176

They should never be allowed

DOF Secretary Frederick D. Go

asr-002177

to be in the

DOF Secretary Frederick D. Go

asr-002178

unprogrammed appropriations.

Senator Joseph Victor "JV" G. Ejercito

asr-002179

That is correct.

Senator Joseph Victor "JV" G. Ejercito

asr-002180

Actually, we are thinking

Senator Joseph Victor "JV" G. Ejercito

asr-002181

if we can do that,

Senator Joseph Victor "JV" G. Ejercito

asr-002182

including the GAA

Senator Joseph Victor "JV" G. Ejercito

asr-002183

that we're studying

Senator Joseph Victor "JV" G. Ejercito

asr-002184

if this can,

Senator Joseph Victor "JV" G. Ejercito

asr-002185

our obligations can be

Senator Joseph Victor "JV" G. Ejercito

asr-002186

already automatic appropriations.

Senator Joseph Victor "JV" G. Ejercito

asr-002187

So, you know,

Senator Joseph Victor "JV" G. Ejercito

asr-002188

we don't,

Senator Joseph Victor "JV" G. Ejercito

asr-002189

that we have to honor

Senator Joseph Victor "JV" G. Ejercito

asr-002190

our obligations

Senator Joseph Victor "JV" G. Ejercito

asr-002191

all the time.

Senator Joseph Victor "JV" G. Ejercito

asr-002192

And I will ask this also

Senator Joseph Victor "JV" G. Ejercito

asr-002193

first,

Senator Joseph Victor "JV" G. Ejercito

asr-002194

during the DBM sub-budget.

Senator Joseph Victor "JV" G. Ejercito

asr-002195

With regards,

Senator Joseph Victor "JV" G. Ejercito

asr-002196

I'll take advantage

Senator Joseph Victor "JV" G. Ejercito

asr-002197

while we're still waiting

Senator Joseph Victor "JV" G. Ejercito

asr-002198

for the colleagues

Senator Joseph Victor "JV" G. Ejercito

asr-002199

kasi I would want,

Senator Joseph Victor "JV" G. Ejercito

asr-002200

although we want to finish early

Senator Joseph Victor "JV" G. Ejercito

asr-002201

as much as possible,

Senator Joseph Victor "JV" G. Ejercito

asr-002202

if they don't ask,

Senator Joseph Victor "JV" G. Ejercito

asr-002203

problema niyo ito sa plenary.

Senator Joseph Victor "JV" G. Ejercito

asr-002204

We might take longer.

Senator Joseph Victor "JV" G. Ejercito

asr-002205

It's better that they come already

Senator Joseph Victor "JV" G. Ejercito

asr-002206

and raise their concerns

Senator Joseph Victor "JV" G. Ejercito

asr-002207

rather than raise it in plenary.

Senator Joseph Victor "JV" G. Ejercito

asr-002208

Baka umagahin pa tayo dito.

Senator Joseph Victor "JV" G. Ejercito

asr-002209

Anyway, I'd just like to ask

Senator Joseph Victor "JV" G. Ejercito

asr-002210

a few more questions

Senator Joseph Victor "JV" G. Ejercito

asr-002211

with regard to UHC law

Senator Joseph Victor "JV" G. Ejercito

asr-002212

as the principal sponsor

Senator Joseph Victor "JV" G. Ejercito

asr-002213

and author of the

Senator Joseph Victor "JV" G. Ejercito

asr-002214

Universal Health Act.

Senator Joseph Victor "JV" G. Ejercito

asr-002215

Though my priority is

Senator Joseph Victor "JV" G. Ejercito

asr-002216

ensuring every peso

Senator Joseph Victor "JV" G. Ejercito

asr-002217

allocated to healthcare

Senator Joseph Victor "JV" G. Ejercito

asr-002218

directly reduces

Senator Joseph Victor "JV" G. Ejercito

asr-002219

out-of-pocket expenses

Senator Joseph Victor "JV" G. Ejercito

asr-002220

and spending of those in need.

Senator Joseph Victor "JV" G. Ejercito

asr-002221

Based on our

Senator Joseph Victor "JV" G. Ejercito

asr-002222

internal computations

Senator Joseph Victor "JV" G. Ejercito

asr-002223

with the assistance

Senator Joseph Victor "JV" G. Ejercito

asr-002224

of Center P. Cayetano,

Senator Joseph Victor "JV" G. Ejercito

asr-002225

around 300 billion

Senator Joseph Victor "JV" G. Ejercito

asr-002226

in earmarked funds

Senator Joseph Victor "JV" G. Ejercito

asr-002227

intended for

Senator Joseph Victor "JV" G. Ejercito

asr-002228

field health remains

Senator Joseph Victor "JV" G. Ejercito

asr-002229

unreleased.

Senator Joseph Victor "JV" G. Ejercito

asr-002230

Ito po, nasa slide.

Senator Joseph Victor "JV" G. Ejercito

asr-002231

May we first confirm

Senator Joseph Victor "JV" G. Ejercito

asr-002232

may we first confirm

Senator Joseph Victor "JV" G. Ejercito

asr-002233

may we first confirm

Senator Joseph Victor "JV" G. Ejercito

asr-002234

whether that computation

Senator Joseph Victor "JV" G. Ejercito

asr-002235

is correct.

Senator Joseph Victor "JV" G. Ejercito

asr-002236

Galing po tayo

Senator Joseph Victor "JV" G. Ejercito

asr-002237

sa Center P. Cayetano ito.

Senator Joseph Victor "JV" G. Ejercito

asr-002238

Particularly with respect

Senator Joseph Victor "JV" G. Ejercito

asr-002239

to the unreleased share

Senator Joseph Victor "JV" G. Ejercito

asr-002240

of syntax collections,

Senator Joseph Victor "JV" G. Ejercito

asr-002241

earmarked for field health.

Senator Joseph Victor "JV" G. Ejercito

asr-002242

May we also confirm

Senator Joseph Victor "JV" G. Ejercito

asr-002243

the corresponding

Senator Joseph Victor "JV" G. Ejercito

asr-002244

unreleased earmarked

Senator Joseph Victor "JV" G. Ejercito

asr-002245

revenues from PCSO

Senator Joseph Victor "JV" G. Ejercito

asr-002246

and PagCorp.

Senator Joseph Victor "JV" G. Ejercito

asr-002247

So yours is the treasurer

Senator Joseph Victor "JV" G. Ejercito

asr-002248

Sharon Almanza?

Senator Joseph Victor "JV" G. Ejercito

asr-002249

Or si Yusef Carl Adriana?

Senator Joseph Victor "JV" G. Ejercito

asr-002250

Kasi tatanungin din ito.

Senator Joseph Victor "JV" G. Ejercito

asr-002251

I received some questions

Senator Joseph Victor "JV" G. Ejercito

asr-002252

so I'd rather ask you now

Senator Joseph Victor "JV" G. Ejercito

asr-002253

so that you can prepare.

DOF Undersecretary Karlo Fermin S. Adriano

asr-002254

Mr. Chair,

DOF Undersecretary Karlo Fermin S. Adriano

asr-002255

yung kumbaga

DOF Undersecretary Karlo Fermin S. Adriano

asr-002256

ang role po ng DOF

DOF Undersecretary Karlo Fermin S. Adriano

asr-002257

with regards to the earmarking

DOF Undersecretary Karlo Fermin S. Adriano

asr-002258

particularly with the syntax

DOF Undersecretary Karlo Fermin S. Adriano

asr-002259

is to certify

DOF Undersecretary Karlo Fermin S. Adriano

asr-002260

the collection

DOF Undersecretary Karlo Fermin S. Adriano

asr-002261

per SYN product.

DOF Undersecretary Karlo Fermin S. Adriano

asr-002262

And then we provide

DOF Undersecretary Karlo Fermin S. Adriano

asr-002263

that certification

DOF Undersecretary Karlo Fermin S. Adriano

asr-002264

to DBM

DOF Undersecretary Karlo Fermin S. Adriano

asr-002265

which will serve

DOF Undersecretary Karlo Fermin S. Adriano

asr-002266

as an input

DOF Undersecretary Karlo Fermin S. Adriano

asr-002267

kung magkano yung

DOF Undersecretary Karlo Fermin S. Adriano

asr-002268

kanilang magiging

DOF Undersecretary Karlo Fermin S. Adriano

asr-002269

proposal

DOF Undersecretary Karlo Fermin S. Adriano

asr-002270

to the field health

DOF Undersecretary Karlo Fermin S. Adriano

asr-002271

among others.

DOF Undersecretary Karlo Fermin S. Adriano

asr-002272

And then ultimately po,

DOF Undersecretary Karlo Fermin S. Adriano

asr-002273

according po kasi doon

DOF Undersecretary Karlo Fermin S. Adriano

asr-002274

sa Universal Healthcare Law,

DOF Undersecretary Karlo Fermin S. Adriano

asr-002275

subject for appropriation

DOF Undersecretary Karlo Fermin S. Adriano

asr-002276

po pa rin

DOF Undersecretary Karlo Fermin S. Adriano

asr-002277

itong mapupunta

DOF Undersecretary Karlo Fermin S. Adriano

asr-002278

sa field health

DOF Undersecretary Karlo Fermin S. Adriano

asr-002279

and others.

DOF Undersecretary Karlo Fermin S. Adriano

asr-002280

So ultimately,

DOF Undersecretary Karlo Fermin S. Adriano

asr-002281

if there is

DOF Undersecretary Karlo Fermin S. Adriano

asr-002282

a difference

DOF Undersecretary Karlo Fermin S. Adriano

asr-002283

between the estimated

DOF Undersecretary Karlo Fermin S. Adriano

asr-002284

earmark

DOF Undersecretary Karlo Fermin S. Adriano

asr-002285

versus what was

DOF Undersecretary Karlo Fermin S. Adriano

asr-002286

appropriated,

DOF Undersecretary Karlo Fermin S. Adriano

asr-002287

technically,

DOF Undersecretary Karlo Fermin S. Adriano

asr-002288

yun po yung ano,

DOF Undersecretary Karlo Fermin S. Adriano

asr-002289

it will be the call

DOF Undersecretary Karlo Fermin S. Adriano

asr-002290

of the legislators

DOF Undersecretary Karlo Fermin S. Adriano

asr-002291

kung magkano po yung

DOF Undersecretary Karlo Fermin S. Adriano

asr-002292

appropriated amounts.

Senator Joseph Victor "JV" G. Ejercito

asr-002293

Kasi medyo ano na eh,

Senator Joseph Victor "JV" G. Ejercito

asr-002294

ito yung earmark

Senator Joseph Victor "JV" G. Ejercito

asr-002295

and supposedly

Senator Joseph Victor "JV" G. Ejercito

asr-002296

these are,

Senator Joseph Victor "JV" G. Ejercito

asr-002297

actually,

Senator Joseph Victor "JV" G. Ejercito

asr-002298

this was already raised

Senator Joseph Victor "JV" G. Ejercito

asr-002299

several times before.

Senator Joseph Victor "JV" G. Ejercito

asr-002300

And that's why I asked

Senator Joseph Victor "JV" G. Ejercito

asr-002301

para at least we can,

Senator Joseph Victor "JV" G. Ejercito

asr-002302

we will be able to

Senator Joseph Victor "JV" G. Ejercito

asr-002303

prepare

Senator Joseph Victor "JV" G. Ejercito

asr-002304

for questions

Senator Joseph Victor "JV" G. Ejercito

asr-002305

from the others,

Senator Joseph Victor "JV" G. Ejercito

asr-002306

from the other centers.

DOF Undersecretary Karlo Fermin S. Adriano

asr-002307

Mr. Chair,

DOF Undersecretary Karlo Fermin S. Adriano

asr-002308

we can provide yun na lang

DOF Undersecretary Karlo Fermin S. Adriano

asr-002309

yung estimated earmark

DOF Undersecretary Karlo Fermin S. Adriano

asr-002310

for field health

DOF Undersecretary Karlo Fermin S. Adriano

asr-002311

and the universal healthcare

DOF Undersecretary Karlo Fermin S. Adriano

asr-002312

by SYN products, sir.

Senator Joseph Victor "JV" G. Ejercito

asr-002313

Yes, please submit

Senator Joseph Victor "JV" G. Ejercito

asr-002314

to the committee.

Senator Joseph Victor "JV" G. Ejercito

asr-002315

Yes,

Senator Joseph Victor "JV" G. Ejercito

asr-002316

sa katay,

DOF Secretary Frederick D. Go

asr-002317

Mr. Chair,

DOF Secretary Frederick D. Go

asr-002318

this is an example

DOF Secretary Frederick D. Go

asr-002319

of an earmark.

DOF Secretary Frederick D. Go

asr-002320

Hence,

DOF Secretary Frederick D. Go

asr-002321

it squeezes

DOF Secretary Frederick D. Go

asr-002322

the fiscal space

DOF Secretary Frederick D. Go

asr-002323

out of everybody.

DOF Secretary Frederick D. Go

asr-002324

I have nothing against it

DOF Secretary Frederick D. Go

asr-002325

for the record.

DOF Secretary Frederick D. Go

asr-002326

I'm just giving it

DOF Secretary Frederick D. Go

asr-002327

that this is an example

DOF Secretary Frederick D. Go

asr-002328

of what I mentioned earlier,

DOF Secretary Frederick D. Go

asr-002329

an earmark.

DOF Secretary Frederick D. Go

asr-002330

So,

Senator Joseph Victor "JV" G. Ejercito

asr-002331

it decreases

Senator Joseph Victor "JV" G. Ejercito

asr-002332

the elbow room

Senator Joseph Victor "JV" G. Ejercito

asr-002333

of everybody.

Senator Joseph Victor "JV" G. Ejercito

asr-002334

Of everybody.

Senator Joseph Victor "JV" G. Ejercito

asr-002335

I'd just like to ask

Senator Joseph Victor "JV" G. Ejercito

asr-002336

with regards to

Senator Joseph Victor "JV" G. Ejercito

asr-002337

Create More,

Senator Joseph Victor "JV" G. Ejercito

asr-002338

under the Create More Act,

Senator Joseph Victor "JV" G. Ejercito

asr-002339

we streamline

Senator Joseph Victor "JV" G. Ejercito

asr-002340

tax incentives

Senator Joseph Victor "JV" G. Ejercito

asr-002341

to attract

Senator Joseph Victor "JV" G. Ejercito

asr-002342

foreign direct investment.

Senator Joseph Victor "JV" G. Ejercito

asr-002343

However,

Senator Joseph Victor "JV" G. Ejercito

asr-002344

concerns remain.

Senator Joseph Victor "JV" G. Ejercito

asr-002345

regarding leakage of VAT zero

Senator Joseph Victor "JV" G. Ejercito

asr-002346

rated raw materials into the

Senator Joseph Victor "JV" G. Ejercito

asr-002347

local market.

Senator Joseph Victor "JV" G. Ejercito

asr-002348

My question is, is there a joint monitoring

Senator Joseph Victor "JV" G. Ejercito

asr-002349

entity between the DOF, BIR

Senator Joseph Victor "JV" G. Ejercito

asr-002350

and other investment promotion

Senator Joseph Victor "JV" G. Ejercito

asr-002351

agencies that keeps

Senator Joseph Victor "JV" G. Ejercito

asr-002352

tabs in ensuring

Senator Joseph Victor "JV" G. Ejercito

asr-002353

that this incentive won't be

Senator Joseph Victor "JV" G. Ejercito

asr-002354

abused?

DOF Secretary Frederick D. Go

asr-002355

Maybe somebody

DOF Secretary Frederick D. Go

asr-002356

from the revenue collecting agencies can

DOF Secretary Frederick D. Go

asr-002357

shed some light on that.

DOF Secretary Frederick D. Go

asr-002358

But Mr. Chair, I'd like to share something.

DOF Secretary Frederick D. Go

asr-002359

We

DOF Secretary Frederick D. Go

asr-002360

noticed that

DOF Secretary Frederick D. Go

asr-002361

amongst the

DOF Secretary Frederick D. Go

asr-002362

investment promotion agencies, there's

DOF Secretary Frederick D. Go

asr-002363

been a lot of overlap.

DOF Secretary Frederick D. Go

asr-002364

We're trying to

DOF Secretary Frederick D. Go

asr-002365

fix that and we've come to an agreement

DOF Secretary Frederick D. Go

asr-002366

with PESA

DOF Secretary Frederick D. Go

asr-002367

that PESA should only focus

DOF Secretary Frederick D. Go

asr-002368

on export-oriented businesses.

DOF Secretary Frederick D. Go

asr-002369

And the Board

DOF Secretary Frederick D. Go

asr-002370

of Investments should

DOF Secretary Frederick D. Go

asr-002371

only focus on domestic

DOF Secretary Frederick D. Go

asr-002372

enterprises.

DOF Secretary Frederick D. Go

asr-002373

I think that will make or allow

DOF Secretary Frederick D. Go

asr-002374

the investment promotion agencies to be

DOF Secretary Frederick D. Go

asr-002375

able to

DOF Secretary Frederick D. Go

asr-002376

police their registered

DOF Secretary Frederick D. Go

asr-002377

business enterprises better.

DOF Secretary Frederick D. Go

asr-002378

And it will also help the Bureau of

DOF Secretary Frederick D. Go

asr-002379

Internal Revenue and the Bureau of Customs

DOF Secretary Frederick D. Go

asr-002380

in also monitoring

DOF Secretary Frederick D. Go

asr-002381

the activities of these

DOF Secretary Frederick D. Go

asr-002382

investment promotion agencies

DOF Secretary Frederick D. Go

asr-002383

to avoid VAT

DOF Secretary Frederick D. Go

asr-002384

leakages and other tax

DOF Secretary Frederick D. Go

asr-002385

leakages. Because when sometimes

DOF Secretary Frederick D. Go

asr-002386

you're inside an exclusive

DOF Secretary Frederick D. Go

asr-002387

territory or an

DOF Secretary Frederick D. Go

asr-002388

exclusive ecozone,

DOF Secretary Frederick D. Go

asr-002389

the idea there is you're generally

DOF Secretary Frederick D. Go

asr-002390

supposed to be an export-oriented

DOF Secretary Frederick D. Go

asr-002391

ecozone, which is why you enjoy

DOF Secretary Frederick D. Go

asr-002392

that separate customs

DOF Secretary Frederick D. Go

asr-002393

border

DOF Secretary Frederick D. Go

asr-002394

privilege. But when

DOF Secretary Frederick D. Go

asr-002395

the ecozone starts allowing domestic

DOF Secretary Frederick D. Go

asr-002396

enterprises to operate

DOF Secretary Frederick D. Go

asr-002397

inside the ecozone,

DOF Secretary Frederick D. Go

asr-002398

it can start

DOF Secretary Frederick D. Go

asr-002399

creating

DOF Secretary Frederick D. Go

asr-002400

leakages.

DOF Secretary Frederick D. Go

asr-002401

But maybe

DOF Secretary Frederick D. Go

asr-002402

either Commissioner?

Senator Joseph Victor "JV" G. Ejercito

asr-002403

Yes, probably

Senator Joseph Victor "JV" G. Ejercito

asr-002404

revenue-generating agencies

Senator Joseph Victor "JV" G. Ejercito

asr-002405

like BIR or

Senator Joseph Victor "JV" G. Ejercito

asr-002406

Commissioner

Senator Joseph Victor "JV" G. Ejercito

asr-002407

Charlito Mendoza.

BIR Commissioner Charlito Martin R. Mendoza

asr-002408

Good afternoon,

BIR Commissioner Charlito Martin R. Mendoza

asr-002409

Mr. Chair.

BIR Commissioner Charlito Martin R. Mendoza

asr-002410

The concern has always been

BIR Commissioner Charlito Martin R. Mendoza

asr-002411

with respect to the BIR

BIR Commissioner Charlito Martin R. Mendoza

asr-002412

when it comes to

BIR Commissioner Charlito Martin R. Mendoza

asr-002413

zero-rated transactions

BIR Commissioner Charlito Martin R. Mendoza

asr-002414

from RBEs

BIR Commissioner Charlito Martin R. Mendoza

asr-002415

is that

BIR Commissioner Charlito Martin R. Mendoza

asr-002416

refund takes time.

BIR Commissioner Charlito Martin R. Mendoza

asr-002417

And we have addressed this

BIR Commissioner Charlito Martin R. Mendoza

asr-002418

substantially over

BIR Commissioner Charlito Martin R. Mendoza

asr-002419

the past several months.

BIR Commissioner Charlito Martin R. Mendoza

asr-002420

Refund now

BIR Commissioner Charlito Martin R. Mendoza

asr-002421

takes only a maximum

BIR Commissioner Charlito Martin R. Mendoza

asr-002422

of 90 days for VAT refund.

BIR Commissioner Charlito Martin R. Mendoza

asr-002423

We are dependent

BIR Commissioner Charlito Martin R. Mendoza

asr-002424

on the certification that is being given

BIR Commissioner Charlito Martin R. Mendoza

asr-002425

to us by the investment promotion agencies.

BIR Commissioner Charlito Martin R. Mendoza

asr-002426

But with respect to the issue

BIR Commissioner Charlito Martin R. Mendoza

asr-002427

on refunds of VAT

BIR Commissioner Charlito Martin R. Mendoza

asr-002428

on zero-rated transactions,

BIR Commissioner Charlito Martin R. Mendoza

asr-002429

the process of the BIR is fast.

BIR Commissioner Charlito Martin R. Mendoza

asr-002430

The timelines that we are following

BIR Commissioner Charlito Martin R. Mendoza

asr-002431

are limited.

BIR Commissioner Charlito Martin R. Mendoza

asr-002432

And when it comes to the documents

BIR Commissioner Charlito Martin R. Mendoza

asr-002433

that need to be submitted,

BIR Commissioner Charlito Martin R. Mendoza

asr-002434

we have substantially reduced that

BIR Commissioner Charlito Martin R. Mendoza

asr-002435

from 30 documents

BIR Commissioner Charlito Martin R. Mendoza

asr-002436

to 9 to 17 documents only.

BIR Commissioner Charlito Martin R. Mendoza

asr-002437

Thank you, Mr. Chair.

Senator Joseph Victor "JV" G. Ejercito

asr-002438

Sikong Ariel,

Senator Joseph Victor "JV" G. Ejercito

asr-002439

before you

Senator Joseph Victor "JV" G. Ejercito

asr-002440

answer, I'd just like to

Senator Joseph Victor "JV" G. Ejercito

asr-002441

acknowledge the presence of

Senator Joseph Victor "JV" G. Ejercito

asr-002442

Senator Joel Villanueva.

Senator Joseph Victor "JV" G. Ejercito

asr-002443

Thank you, sir, for joining us.

Senator Joel Villanueva

asr-002444

Thank you, Mr. Chairman,

Senator Joel Villanueva

asr-002445

just to put on record that I've been here

Senator Joel Villanueva

asr-002446

for quite a long time

Senator Joel Villanueva

asr-002447

as a supporter of the

Senator Joel Villanueva

asr-002448

department, especially

Senator Joel Villanueva

asr-002449

in these times that

Senator Joel Villanueva

asr-002450

we need to

Senator Joel Villanueva

asr-002451

help each other

Senator Joel Villanueva

asr-002452

in this trying time.

Senator Joel Villanueva

asr-002453

So, thank you, Mr. President,

Senator Joel Villanueva

asr-002454

for having me. And, of course,

Senator Joel Villanueva

asr-002455

we welcome and

Senator Joel Villanueva

asr-002456

extend our gratitude

Senator Joel Villanueva

asr-002457

to the men and women

Senator Joel Villanueva

asr-002458

working for

Senator Joel Villanueva

asr-002459

the Department of Finance and its attached agencies,

Senator Joel Villanueva

asr-002460

the Bureau of Customs,

Senator Joel Villanueva

asr-002461

BIR, etc., headed by

Senator Joel Villanueva

asr-002462

Secretary Goh. Thank you, Mr. President.

Senator Joseph Victor "JV" G. Ejercito

asr-002463

Thank you, Senator Villanueva.

Senator Joseph Victor "JV" G. Ejercito

asr-002464

Come again.

BOC Commissioner Ariel F. Nepomuceno

asr-002465

Aligned with what

BOC Commissioner Ariel F. Nepomuceno

asr-002466

Secretary Frederick has mentioned,

BOC Commissioner Ariel F. Nepomuceno

asr-002467

Mr. Chair, while

BOC Commissioner Ariel F. Nepomuceno

asr-002468

BOC is doing

BOC Commissioner Ariel F. Nepomuceno

asr-002469

what it can

BOC Commissioner Ariel F. Nepomuceno

asr-002470

and what we can do

BOC Commissioner Ariel F. Nepomuceno

asr-002471

for us, ensuring that there will be

BOC Commissioner Ariel F. Nepomuceno

asr-002472

no leakages with the

BOC Commissioner Ariel F. Nepomuceno

asr-002473

enterprises or business groups

BOC Commissioner Ariel F. Nepomuceno

asr-002474

inside the economic zones.

BOC Commissioner Ariel F. Nepomuceno

asr-002475

But we recognize that we have

BOC Commissioner Ariel F. Nepomuceno

asr-002476

received reports of possible

BOC Commissioner Ariel F. Nepomuceno

asr-002477

infractions or abuse

BOC Commissioner Ariel F. Nepomuceno

asr-002478

of their privilege inside the economic

BOC Commissioner Ariel F. Nepomuceno

asr-002479

zones. So, in fact,

BOC Commissioner Ariel F. Nepomuceno

asr-002480

we have a list of some companies

BOC Commissioner Ariel F. Nepomuceno

asr-002481

that we are monitoring

BOC Commissioner Ariel F. Nepomuceno

asr-002482

for probable

BOC Commissioner Ariel F. Nepomuceno

asr-002483

violations of their privileges.

BOC Commissioner Ariel F. Nepomuceno

asr-002484

So, I

BOC Commissioner Ariel F. Nepomuceno

asr-002485

fully agree with what Secretary Frederick

BOC Commissioner Ariel F. Nepomuceno

asr-002486

has mentioned, that

BOC Commissioner Ariel F. Nepomuceno

asr-002487

there is some

BOC Commissioner Ariel F. Nepomuceno

asr-002488

possible or potential issues

BOC Commissioner Ariel F. Nepomuceno

asr-002489

with the existence of both domestic

BOC Commissioner Ariel F. Nepomuceno

asr-002490

and foreign enterprises

BOC Commissioner Ariel F. Nepomuceno

asr-002491

doing their operations

BOC Commissioner Ariel F. Nepomuceno

asr-002492

inside the economic zones.

Senator Joseph Victor "JV" G. Ejercito

asr-002493

Yes, Senator Villanueva.

Senator Joel Villanueva

asr-002494

Recently, perhaps, I think

Senator Joel Villanueva

asr-002495

yesterday or two days ago, when I heard

Senator Joel Villanueva

asr-002496

about this news item

Senator Joel Villanueva

asr-002497

that happened in my beloved province

Senator Joel Villanueva

asr-002498

in Bulacan,

Senator Joel Villanueva

asr-002499

may nasabat po na ilalim,

Senator Joel Villanueva

asr-002500

na toneto nila adang

Senator Joel Villanueva

asr-002501

meat, I think chicken,

Senator Joel Villanueva

asr-002502

na inilabas po.

Senator Joel Villanueva

asr-002503

And unfortunately,

Senator Joel Villanueva

asr-002504

ito daw po ay nahuli na

Senator Joel Villanueva

asr-002505

ng Bureau of Customs.

Senator Joel Villanueva

asr-002506

And then from your own

Senator Joel Villanueva

asr-002507

warehouse,

Senator Joel Villanueva

asr-002508

o kung saan man tinatago

Senator Joel Villanueva

asr-002509

storage ito, nailabas pa

Senator Joel Villanueva

asr-002510

at munti ka na pong

Senator Joel Villanueva

asr-002511

maibenta. Buti na lang din na

Senator Joel Villanueva

asr-002512

nasabat, Mr. Chairman, dun po sa

Senator Joel Villanueva

asr-002513

Santa Maria, Bulacan.

Senator Joel Villanueva

asr-002514

And, syempre, naging

Senator Joel Villanueva

asr-002515

nag-worry po tayo, puro

Senator Joel Villanueva

asr-002516

yung buong lahi po natin, taga Bulacan.

Senator Joel Villanueva

asr-002517

Can you imagine kung ang nabentahan

Senator Joel Villanueva

asr-002518

ay mga kamag-anak mo.

Senator Joel Villanueva

asr-002519

But, of course, we are

Senator Joel Villanueva

asr-002520

not here to

Senator Joel Villanueva

asr-002521

you know, we wanted

Senator Joel Villanueva

asr-002522

to make sure that our system works.

Senator Joel Villanueva

asr-002523

I mean, if that is really

Senator Joel Villanueva

asr-002524

the case, I mean,

Senator Joel Villanueva

asr-002525

it's alarming, Mr. President,

Senator Joel Villanueva

asr-002526

na nandun na po sa storage,

Senator Joel Villanueva

asr-002527

may kakontsaba, nailabas pa rin.

Senator Joel Villanueva

asr-002528

And then, gusto pong

Senator Joel Villanueva

asr-002529

maibenta. So, kung hindi po nasa

Senator Joel Villanueva

asr-002530

batun, Mr. President,

Senator Joel Villanueva

asr-002531

mabibenta pa, Mr. President.

Senator Joel Villanueva

asr-002532

And, of course, yung next question

Senator Joel Villanueva

asr-002533

dyan is,

Senator Joel Villanueva

asr-002534

pwede palang mangyari ito,

Senator Joel Villanueva

asr-002535

Mr. Chairman, nakaka-alarma

Senator Joel Villanueva

asr-002536

din. So, I hope na

Senator Joel Villanueva

asr-002537

we're really looking into this.

Senator Joel Villanueva

asr-002538

And, I heard

Senator Joel Villanueva

asr-002539

from some

Senator Joel Villanueva

asr-002540

news reports also that I think

Senator Joel Villanueva

asr-002541

the Commissioner already stated that

Senator Joel Villanueva

asr-002542

heads will roll and they are

Senator Joel Villanueva

asr-002543

into this. At parang may idea

Senator Joel Villanueva

asr-002544

na po kayo. Can you just,

Senator Joel Villanueva

asr-002545

brief us, sir, of what happened?

Senator Joel Villanueva

asr-002546

But, of course, I commend also

Senator Joel Villanueva

asr-002547

the men and women behind this

Senator Joel Villanueva

asr-002548

operation na mahuli po sila.

Senator Joel Villanueva

asr-002549

Salamat po.

BOC Commissioner Ariel F. Nepomuceno

asr-002550

Mr. Chair, Your Honor,

BOC Commissioner Ariel F. Nepomuceno

asr-002551

tagaanggat din po ako,

BOC Commissioner Ariel F. Nepomuceno

asr-002552

Mr. Senator.

BOC Commissioner Ariel F. Nepomuceno

asr-002553

Hindi po dapat mangyari po yun.

BOC Commissioner Ariel F. Nepomuceno

asr-002554

That's the big answer.

BOC Commissioner Ariel F. Nepomuceno

asr-002555

So, but we have already explained

BOC Commissioner Ariel F. Nepomuceno

asr-002556

earlier that one of

BOC Commissioner Ariel F. Nepomuceno

asr-002557

the many

BOC Commissioner Ariel F. Nepomuceno

asr-002558

problems that we have inherited,

BOC Commissioner Ariel F. Nepomuceno

asr-002559

is inherited, is the

BOC Commissioner Ariel F. Nepomuceno

asr-002560

weakness of this

BOC Commissioner Ariel F. Nepomuceno

asr-002561

condemnation option of the

BOC Commissioner Ariel F. Nepomuceno

asr-002562

Bureau of Customs to be done really properly.

BOC Commissioner Ariel F. Nepomuceno

asr-002563

Ganto po yun eh. Yung mga nasabat

BOC Commissioner Ariel F. Nepomuceno

asr-002564

po natin ng mga smuggled goods na

BOC Commissioner Ariel F. Nepomuceno

asr-002565

dapat sisirain, for example, cigarettes,

BOC Commissioner Ariel F. Nepomuceno

asr-002566

agricultural products na

BOC Commissioner Ariel F. Nepomuceno

asr-002567

hindi na fit for human consumption,

BOC Commissioner Ariel F. Nepomuceno

asr-002568

dapat sirain yan doon sa mga

BOC Commissioner Ariel F. Nepomuceno

asr-002569

condemnation facilities.

BOC Commissioner Ariel F. Nepomuceno

asr-002570

The weaknesses that

BOC Commissioner Ariel F. Nepomuceno

asr-002571

we have identified are two.

BOC Commissioner Ariel F. Nepomuceno

asr-002572

Mainly one,

BOC Commissioner Ariel F. Nepomuceno

asr-002573

we don't have,

BOC Commissioner Ariel F. Nepomuceno

asr-002574

unlike in other countries, we don't have

BOC Commissioner Ariel F. Nepomuceno

asr-002575

our own condemnation

BOC Commissioner Ariel F. Nepomuceno

asr-002576

facility. Therefore, we are dependent

BOC Commissioner Ariel F. Nepomuceno

asr-002577

on the

BOC Commissioner Ariel F. Nepomuceno

asr-002578

private condemnators.

BOC Commissioner Ariel F. Nepomuceno

asr-002579

But the second weakness with this

BOC Commissioner Ariel F. Nepomuceno

asr-002580

is, we don't have,

BOC Commissioner Ariel F. Nepomuceno

asr-002581

ironically, we don't have the budget

BOC Commissioner Ariel F. Nepomuceno

asr-002582

to fund

BOC Commissioner Ariel F. Nepomuceno

asr-002583

such condemnation activities.

BOC Commissioner Ariel F. Nepomuceno

asr-002584

For the longest time, wala pong budget

BOC Commissioner Ariel F. Nepomuceno

asr-002585

ang customs. Therefore,

BOC Commissioner Ariel F. Nepomuceno

asr-002586

it will be a big puzzle.

BOC Commissioner Ariel F. Nepomuceno

asr-002587

What is the motivation

BOC Commissioner Ariel F. Nepomuceno

asr-002588

of

BOC Commissioner Ariel F. Nepomuceno

asr-002589

these condemnators?

BOC Commissioner Ariel F. Nepomuceno

asr-002590

Of course, mayroon naman matitin

BOC Commissioner Ariel F. Nepomuceno

asr-002591

ng condemnators, but that's still a big

BOC Commissioner Ariel F. Nepomuceno

asr-002592

puzzle. But nila gagawin yung

BOC Commissioner Ariel F. Nepomuceno

asr-002593

trabaho na logistic siya,

BOC Commissioner Ariel F. Nepomuceno

asr-002594

nakahakuti nila from

BOC Commissioner Ariel F. Nepomuceno

asr-002595

the warehouses of the Bureau of Customs,

BOC Commissioner Ariel F. Nepomuceno

asr-002596

dadalit sa kanilang condemnation facility,

BOC Commissioner Ariel F. Nepomuceno

asr-002597

may operations po yun.

BOC Commissioner Ariel F. Nepomuceno

asr-002598

So, the logic supposed to be is

BOC Commissioner Ariel F. Nepomuceno

asr-002599

the logic supposed to be

BOC Commissioner Ariel F. Nepomuceno

asr-002600

is for them to be able to salvage

BOC Commissioner Ariel F. Nepomuceno

asr-002601

some value from the

BOC Commissioner Ariel F. Nepomuceno

asr-002602

smuggled products

BOC Commissioner Ariel F. Nepomuceno

asr-002603

that are supposed to be going to be destroyed.

BOC Commissioner Ariel F. Nepomuceno

asr-002604

Nandun po yung temptation

BOC Commissioner Ariel F. Nepomuceno

asr-002605

na we have received

BOC Commissioner Ariel F. Nepomuceno

asr-002606

reports that

BOC Commissioner Ariel F. Nepomuceno

asr-002607

in the past, of course, with your respect

BOC Commissioner Ariel F. Nepomuceno

asr-002608

for the leaders of the BOC

BOC Commissioner Ariel F. Nepomuceno

asr-002609

in the past, nangyayari daw po yung

BOC Commissioner Ariel F. Nepomuceno

asr-002610

sa halit na sirain

BOC Commissioner Ariel F. Nepomuceno

asr-002611

ay mapupunta po ulit sa merkado.

BOC Commissioner Ariel F. Nepomuceno

asr-002612

This is why we became very strict on this.

BOC Commissioner Ariel F. Nepomuceno

asr-002613

We have, for example,

BOC Commissioner Ariel F. Nepomuceno

asr-002614

instructed that

BOC Commissioner Ariel F. Nepomuceno

asr-002615

once these activities will be done,

BOC Commissioner Ariel F. Nepomuceno

asr-002616

dapat meron pong body cameras

BOC Commissioner Ariel F. Nepomuceno

asr-002617

and then in the area where this will be

BOC Commissioner Ariel F. Nepomuceno

asr-002618

destroyed, meron pong

BOC Commissioner Ariel F. Nepomuceno

asr-002619

mga mobile CCTVs

BOC Commissioner Ariel F. Nepomuceno

asr-002620

ensuring that there will be

BOC Commissioner Ariel F. Nepomuceno

asr-002621

no leakages or

BOC Commissioner Ariel F. Nepomuceno

asr-002622

those that will be supposed to be

BOC Commissioner Ariel F. Nepomuceno

asr-002623

destroyed will not end up in the market.

BOC Commissioner Ariel F. Nepomuceno

asr-002624

This is the reason why

BOC Commissioner Ariel F. Nepomuceno

asr-002625

immediately I ordered yesterday

BOC Commissioner Ariel F. Nepomuceno

asr-002626

to

BOC Commissioner Ariel F. Nepomuceno

asr-002627

let those who are supposed to be

BOC Commissioner Ariel F. Nepomuceno

asr-002628

responsible in ensuring

BOC Commissioner Ariel F. Nepomuceno

asr-002629

that there will be no infraction

BOC Commissioner Ariel F. Nepomuceno

asr-002630

or a mistake

BOC Commissioner Ariel F. Nepomuceno

asr-002631

in the operations

BOC Commissioner Ariel F. Nepomuceno

asr-002632

magpapaliwanag sila.

BOC Commissioner Ariel F. Nepomuceno

asr-002633

And we have already relieved some officers'

BOC Commissioner Ariel F. Nepomuceno

asr-002634

in the area and

BOC Commissioner Ariel F. Nepomuceno

asr-002635

hindi lang po

BOC Commissioner Ariel F. Nepomuceno

asr-002636

heads with us. We will really

BOC Commissioner Ariel F. Nepomuceno

asr-002637

sue them in court kung sakasakali

BOC Commissioner Ariel F. Nepomuceno

asr-002638

because may continuing smuggling

BOC Commissioner Ariel F. Nepomuceno

asr-002639

aspect po yan. Once we are able to prove

BOC Commissioner Ariel F. Nepomuceno

asr-002640

that indeed there are

BOC Commissioner Ariel F. Nepomuceno

asr-002641

infractions, not only by the

BOC Commissioner Ariel F. Nepomuceno

asr-002642

personnel of BOC, but including

BOC Commissioner Ariel F. Nepomuceno

asr-002643

yung may-ari at operator

BOC Commissioner Ariel F. Nepomuceno

asr-002644

ng condemnation facility, we will charge

BOC Commissioner Ariel F. Nepomuceno

asr-002645

them with our existing

BOC Commissioner Ariel F. Nepomuceno

asr-002646

CMTA for possible

BOC Commissioner Ariel F. Nepomuceno

asr-002647

smuggling violation. Kasama po yan.

BOC Commissioner Ariel F. Nepomuceno

asr-002648

Ang smuggling di po literal lang po yan

BOC Commissioner Ariel F. Nepomuceno

asr-002649

na pagpasok sa pier. Hanggang sa

BOC Commissioner Ariel F. Nepomuceno

asr-002650

rendering, pwede po yan

BOC Commissioner Ariel F. Nepomuceno

asr-002651

isama sa anti-smuggling

BOC Commissioner Ariel F. Nepomuceno

asr-002652

violation po.

Senator Joel Villanueva

asr-002653

Will it fall also under economic

Senator Joel Villanueva

asr-002654

sabotage?

BOC Commissioner Ariel F. Nepomuceno

asr-002654-split-2

In this case po, hindi

BOC Commissioner Ariel F. Nepomuceno

asr-002655

ho kasi 7 million lang po yung

BOC Commissioner Ariel F. Nepomuceno

asr-002656

value. It's less than the threshold

BOC Commissioner Ariel F. Nepomuceno

asr-002657

of 10 million.

Senator Joel Villanueva

asr-002658

This particular

Senator Joel Villanueva

asr-002659

matter, right now

Senator Joel Villanueva

asr-002660

you have

Senator Joel Villanueva

asr-002661

do you

Senator Joel Villanueva

asr-002662

have condemnation facilities?

Senator Joel Villanueva

asr-002663

Gaano ka

Senator Joel Villanueva

asr-002664

baki? Gaano kadami

Senator Joel Villanueva

asr-002665

yung kailangan?

Senator Joel Villanueva

asr-002666

I mean, I'm just trying to

Senator Joel Villanueva

asr-002667

think of how I could

Senator Joel Villanueva

asr-002668

be of help in any way. I remember the late

Senator Joel Villanueva

asr-002669

Bayani Fernando

Senator Joel Villanueva

asr-002670

nung MMDA siya

Senator Joel Villanueva

asr-002671

brother. Sabi niya,

Senator Joel Villanueva

asr-002672

tinanong ko siya nung one time, sabi ko

Senator Joel Villanueva

asr-002673

bakit pagka yung hinuli mo,

Senator Joel Villanueva

asr-002674

nilalagyan mo ng gasolina, tapos sinisigaan mo

Senator Joel Villanueva

asr-002675

na agad. Ang sabi niya sa akin,

Senator Joel Villanueva

asr-002676

kasi yung mismong mga tauhan ko,

Senator Joel Villanueva

asr-002677

pag hinuli yan, kinuha

Senator Joel Villanueva

asr-002678

yung gamit, bebenta pa

Senator Joel Villanueva

asr-002679

or magkakaroon pa ng pag-iisip.

Senator Joel Villanueva

asr-002680

Kaya, di ba hali ng masayang,

Senator Joel Villanueva

asr-002681

nilalagyan ko na ng gasolina, sinusindihan

Senator Joel Villanueva

asr-002682

ko na agad. So,

Senator Joel Villanueva

asr-002683

importante po yung

Senator Joel Villanueva

asr-002684

condemnation facilities and

Senator Joel Villanueva

asr-002685

yun nga, yung question ko,

Senator Joel Villanueva

asr-002686

ilan, meron, gaano kalaki?

Senator Joel Villanueva

asr-002687

And then, yung percentage

Senator Joel Villanueva

asr-002688

wise, ilan yung

Senator Joel Villanueva

asr-002689

private condemnation

Senator Joel Villanueva

asr-002690

entity

Senator Joel Villanueva

asr-002691

na kapartner

Senator Joel Villanueva

asr-002692

po ninyo?

Senator Joel Villanueva

asr-002693

And what?

Senator Joel Villanueva

asr-002694

What's their interest na

Senator Joel Villanueva

asr-002695

may makukuha ba sila doon sa

Senator Joel Villanueva

asr-002696

I don't understand really,

Senator Joel Villanueva

asr-002697

I'm being very honest here.

DOF Secretary Frederick D. Go

asr-002698

Mr. Chair, if I may,

DOF Secretary Frederick D. Go

asr-002699

before I pass the

DOF Secretary Frederick D. Go

asr-002700

floor back to

DOF Secretary Frederick D. Go

asr-002701

Commissioner Ariel Napumuseno,

DOF Secretary Frederick D. Go

asr-002702

Mr. Senator, you're the second senator

DOF Secretary Frederick D. Go

asr-002703

this afternoon

DOF Secretary Frederick D. Go

asr-002704

who brought up this issue.

DOF Secretary Frederick D. Go

asr-002705

So, I will repeat our ask.

DOF Secretary Frederick D. Go

asr-002706

That was in the original budget

DOF Secretary Frederick D. Go

asr-002707

request of the Bureau of Customs.

DOF Secretary Frederick D. Go

asr-002708

A small budget,

DOF Secretary Frederick D. Go

asr-002709

to build our own condemnation

DOF Secretary Frederick D. Go

asr-002710

facilities. But it was removed

DOF Secretary Frederick D. Go

asr-002711

from the NEP. So, it's part of

DOF Secretary Frederick D. Go

asr-002712

our ask that the Senate

DOF Secretary Frederick D. Go

asr-002713

consider restoring that line item.

Senator Joseph Victor "JV" G. Ejercito

asr-002714

For the record, how much will it cost?

DOF Secretary Frederick D. Go

asr-002715

So, it was there from the very beginning.

DOF Secretary Frederick D. Go

asr-002716

Two hundred, just two hundred

DOF Secretary Frederick D. Go

asr-002717

forty-one million.

DOF Secretary Frederick D. Go

asr-002718

Just two hundred forty-one point eight million.

DOF Secretary Frederick D. Go

asr-002719

And then, a provision for

DOF Secretary Frederick D. Go

asr-002720

condemning of three hundred

DOF Secretary Frederick D. Go

asr-002721

eighty million. So, two forty

DOF Secretary Frederick D. Go

asr-002722

plus three eighty. So,

DOF Secretary Frederick D. Go

asr-002723

six hundred thirty. Twenty million.

Senator Joel Villanueva

asr-002724

And this will be in Metro Manila.

Senator Joel Villanueva

asr-002725

May lugar na po.

BOC Commissioner Ariel F. Nepomuceno

asr-002726

Opo. Again, the quick answer

BOC Commissioner Ariel F. Nepomuceno

asr-002727

is nasagod na po ni

BOC Commissioner Ariel F. Nepomuceno

asr-002728

Secretary Fredrick. Wala pong

BOC Commissioner Ariel F. Nepomuceno

asr-002729

sariling condemnation facility ang BOC

BOC Commissioner Ariel F. Nepomuceno

asr-002730

for the longest time. At wala rin ho kaming

BOC Commissioner Ariel F. Nepomuceno

asr-002731

budget to finance the condemnation

BOC Commissioner Ariel F. Nepomuceno

asr-002732

to be done by the private sector.

BOC Commissioner Ariel F. Nepomuceno

asr-002733

More than twenty po yung mga accredited.

BOC Commissioner Ariel F. Nepomuceno

asr-002734

But I might,

BOC Commissioner Ariel F. Nepomuceno

asr-002735

I will have the exact, ano.

BOC Commissioner Ariel F. Nepomuceno

asr-002736

Wala pong condemnation

BOC Commissioner Ariel F. Nepomuceno

asr-002737

facility ang BOC.

BOC Commissioner Ariel F. Nepomuceno

asr-002738

And this has been, again,

BOC Commissioner Ariel F. Nepomuceno

asr-002739

originally requested in our

BOC Commissioner Ariel F. Nepomuceno

asr-002740

budget, pero na-strike out.

Senator Joel Villanueva

asr-002741

I don't know if it's the BOC in the world or in this

Senator Joel Villanueva

asr-002742

region. Nawala pong

Senator Joel Villanueva

asr-002743

condemnation facility. It's the first time

Senator Joel Villanueva

asr-002744

I'm hearing this. That's why I'm surprised.

BOC Commissioner Ariel F. Nepomuceno

asr-002745

At least po dun sa

BOC Commissioner Ariel F. Nepomuceno

asr-002746

ASEAN countries po.

BOC Commissioner Ariel F. Nepomuceno

asr-002747

Kasi we did our benchmarking.

BOC Commissioner Ariel F. Nepomuceno

asr-002748

So, we really found out that

BOC Commissioner Ariel F. Nepomuceno

asr-002749

this is one handicap that we have to address.

Senator Joel Villanueva

asr-002750

Anyway, I will not belabor the issue.

Senator Joel Villanueva

asr-002751

Thank you, Kababayan

Senator Joel Villanueva

asr-002752

Commissioner. And I

Senator Joel Villanueva

asr-002753

will support, Mr. Chairman, put it

Senator Joel Villanueva

asr-002754

in the record that I will support the

Senator Joel Villanueva

asr-002755

establishment of

Senator Joel Villanueva

asr-002756

our very own

Senator Joel Villanueva

asr-002757

condemnation facility, Mr. Chairman.

Senator Joel Villanueva

asr-002758

I think it's about time. And

Senator Joel Villanueva

asr-002759

ang chairman natin, mahilig sa mga legacy

Senator Joel Villanueva

asr-002760

projects. I think this is one of them. Thank you,

Senator Joel Villanueva

asr-002761

Mr. Chairman.

Senator Joseph Victor "JV" G. Ejercito

asr-002761-split-2

Thank you, Senator Villanueva.

Senator Joseph Victor "JV" G. Ejercito

asr-002762

In connection with,

Senator Joseph Victor "JV" G. Ejercito

asr-002763

ano, doon na rin sa Bulacan. Kasi

Senator Joseph Victor "JV" G. Ejercito

asr-002764

nagkaroon tayo, ano, before we go

Senator Joseph Victor "JV" G. Ejercito

asr-002765

back to create more.

Senator Joseph Victor "JV" G. Ejercito

asr-002766

Dito sa NJWEL, tungkol dun sa

Senator Joseph Victor "JV" G. Ejercito

asr-002767

nagkaroon ng, ito,

Senator Joseph Victor "JV" G. Ejercito

asr-002768

incident.

Senator Joseph Victor "JV" G. Ejercito

asr-002769

Yung dalawang, where two

Senator Joseph Victor "JV" G. Ejercito

asr-002770

custom staff were caught in the entrapment

Senator Joseph Victor "JV" G. Ejercito

asr-002771

operation allegedly trying to resell

Senator Joseph Victor "JV" G. Ejercito

asr-002772

225 boxes of

Senator Joseph Victor "JV" G. Ejercito

asr-002773

sea-smuggled cigarettes. For destruction

Senator Joseph Victor "JV" G. Ejercito

asr-002774

din, no? Is this, was this

Senator Joseph Victor "JV" G. Ejercito

asr-002775

also for your destruction?

Senator Joseph Victor "JV" G. Ejercito

asr-002776

Alam ko, ito yung, ano eh, nagkaroon ng, ano,

Senator Joseph Victor "JV" G. Ejercito

asr-002777

with HPG. Ayaw naman natin

Senator Joseph Victor "JV" G. Ejercito

asr-002778

palaki ng away nyo.

Senator Joseph Victor "JV" G. Ejercito

asr-002779

I know that you will just deal with it, no?

Senator Joseph Victor "JV" G. Ejercito

asr-002780

Among yourselves. And I

Senator Joseph Victor "JV" G. Ejercito

asr-002781

know that Commissioner Ariel already

Senator Joseph Victor "JV" G. Ejercito

asr-002782

ano, I think,

Senator Joseph Victor "JV" G. Ejercito

asr-002783

fired or disciplined already

Senator Joseph Victor "JV" G. Ejercito

asr-002784

these two custom staff. Any

Senator Joseph Victor "JV" G. Ejercito

asr-002785

update po rito? These were smuggled

Senator Joseph Victor "JV" G. Ejercito

asr-002786

cigarettes supposedly for

Senator Joseph Victor "JV" G. Ejercito

asr-002787

distraction and they wanted to resell.

Senator Joseph Victor "JV" G. Ejercito

asr-002788

Ano ba nangyari dito?

BOC Commissioner Ariel F. Nepomuceno

asr-002789

Meron pong mga

BOC Commissioner Ariel F. Nepomuceno

asr-002790

subik na naman po ulit. That's why we are

BOC Commissioner Ariel F. Nepomuceno

asr-002791

overhauling our

BOC Commissioner Ariel F. Nepomuceno

asr-002792

organization in

BOC Commissioner Ariel F. Nepomuceno

asr-002793

subik. So there were cigarettes

BOC Commissioner Ariel F. Nepomuceno

asr-002794

that were apprehended in subik

BOC Commissioner Ariel F. Nepomuceno

asr-002795

and then ganoon din po kagaya doon sa

BOC Commissioner Ariel F. Nepomuceno

asr-002796

unang kaso. Dapat sisirain

BOC Commissioner Ariel F. Nepomuceno

asr-002797

ito sa condemnation facility sa

BOC Commissioner Ariel F. Nepomuceno

asr-002798

Bulacan. It's a Legox

BOC Commissioner Ariel F. Nepomuceno

asr-002799

C88 condemnation.

BOC Commissioner Ariel F. Nepomuceno

asr-002800

Kaya lang nagkaroon po ng

BOC Commissioner Ariel F. Nepomuceno

asr-002801

issue, ang unahong

BOC Commissioner Ariel F. Nepomuceno

asr-002802

issue na nirace po namin

BOC Commissioner Ariel F. Nepomuceno

asr-002803

in the condemnation

BOC Commissioner Ariel F. Nepomuceno

asr-002804

area wherein our people

BOC Commissioner Ariel F. Nepomuceno

asr-002805

were doing their job. May mga

BOC Commissioner Ariel F. Nepomuceno

asr-002806

body cameras naman po yan, Mr. Chair.

BOC Commissioner Ariel F. Nepomuceno

asr-002807

Dumating po yung HPG

BOC Commissioner Ariel F. Nepomuceno

asr-002808

doon and then ang

BOC Commissioner Ariel F. Nepomuceno

asr-002809

inareklamo ko lang naman po was

BOC Commissioner Ariel F. Nepomuceno

asr-002810

yung respeto supposed to be

BOC Commissioner Ariel F. Nepomuceno

asr-002811

accorded to a fellow agency

BOC Commissioner Ariel F. Nepomuceno

asr-002812

kasi pinataas yung kamay ng mga taga BOC

BOC Commissioner Ariel F. Nepomuceno

asr-002813

naka-ID naman yung aking mga

BOC Commissioner Ariel F. Nepomuceno

asr-002814

tauan, may uniforme, may

BOC Commissioner Ariel F. Nepomuceno

asr-002815

mission order that I signed. At

BOC Commissioner Ariel F. Nepomuceno

asr-002816

nandun din ang mga taga Department of Agriculture.

BOC Commissioner Ariel F. Nepomuceno

asr-002817

So yun lang naman yung

BOC Commissioner Ariel F. Nepomuceno

asr-002818

aking puna sa simula. Kung

BOC Commissioner Ariel F. Nepomuceno

asr-002819

bakit naman kailangan pang kapkapan,

BOC Commissioner Ariel F. Nepomuceno

asr-002820

kunin yung cellphone. Hindi po

BOC Commissioner Ariel F. Nepomuceno

asr-002821

tama yan sa KAPA agency. But

BOC Commissioner Ariel F. Nepomuceno

asr-002822

what I've done so far, para

BOC Commissioner Ariel F. Nepomuceno

asr-002823

wag hun lumala yung

BOC Commissioner Ariel F. Nepomuceno

asr-002824

posibleng parang pag-aaway

BOC Commissioner Ariel F. Nepomuceno

asr-002825

ng HPG at ng Bureau of Customs,

BOC Commissioner Ariel F. Nepomuceno

asr-002826

itinagkatiwala ko na po to

BOC Commissioner Ariel F. Nepomuceno

asr-002827

officially sa pamunuan ng

BOC Commissioner Ariel F. Nepomuceno

asr-002828

Philippine National Police dahil kaibigan ko naman po

BOC Commissioner Ariel F. Nepomuceno

asr-002829

si General Nartates at si

BOC Commissioner Ariel F. Nepomuceno

asr-002830

Secretary John D. Cremulia ang usapan namin,

BOC Commissioner Ariel F. Nepomuceno

asr-002831

we will just have to trust them

BOC Commissioner Ariel F. Nepomuceno

asr-002832

on their ongoing, with their own

BOC Commissioner Ariel F. Nepomuceno

asr-002833

investigation. So we will wait.

BOC Commissioner Ariel F. Nepomuceno

asr-002834

But I assure...

Senator Joseph Victor "JV" G. Ejercito

asr-002835

They're already investigating the matter already.

BOC Commissioner Ariel F. Nepomuceno

asr-002836

Ongoing po.

Senator Joseph Victor "JV" G. Ejercito

asr-002837

Saka kapag takalang, what is HPG

Senator Joseph Victor "JV" G. Ejercito

asr-002838

doing? What do they have to do?

Senator Joseph Victor "JV" G. Ejercito

asr-002839

Something with the smuggling,

Senator Joseph Victor "JV" G. Ejercito

asr-002840

diba? Or destruction.

Senator Joseph Victor "JV" G. Ejercito

asr-002841

I should have asked this

Senator Joseph Victor "JV" G. Ejercito

asr-002842

during the DALG hearing, but

Senator Joseph Victor "JV" G. Ejercito

asr-002843

we'll do again probably during the plenary.

BOC Commissioner Ariel F. Nepomuceno

asr-002844

Nire-relieve na rin po.

BOC Commissioner Ariel F. Nepomuceno

asr-002845

Ito rin po ng PNP

BOC Commissioner Ariel F. Nepomuceno

asr-002846

ang pamunuan po ng HPG.

Senator Joseph Victor "JV" G. Ejercito

asr-002847

Those concerned, ilan yung? Walo yata yun?

BOC Commissioner Ariel F. Nepomuceno

asr-002848

Hindi ako po sure. Ilan po yung tinanggal po na?

BOC Commissioner Ariel F. Nepomuceno

asr-002849

Including the top brass po ng

BOC Commissioner Ariel F. Nepomuceno

asr-002850

HPG. And we appreciate.

BOC Commissioner Ariel F. Nepomuceno

asr-002851

In fact, last Monday po,

BOC Commissioner Ariel F. Nepomuceno

asr-002852

the new chief of the

BOC Commissioner Ariel F. Nepomuceno

asr-002853

Highway Patrol Group visited

BOC Commissioner Ariel F. Nepomuceno

asr-002854

us and joined us in our flag ceremony

BOC Commissioner Ariel F. Nepomuceno

asr-002855

to show that we have no problem with each

BOC Commissioner Ariel F. Nepomuceno

asr-002856

other and that we are committed.

BOC Commissioner Ariel F. Nepomuceno

asr-002857

About the concerned BOC personnel?

BOC Commissioner Ariel F. Nepomuceno

asr-002858

Under investigation na rin po namin yun.

BOC Commissioner Ariel F. Nepomuceno

asr-002859

Again, we're doing parallel

BOC Commissioner Ariel F. Nepomuceno

asr-002860

investigation, but insofar as the

BOC Commissioner Ariel F. Nepomuceno

asr-002861

commotion

BOC Commissioner Ariel F. Nepomuceno

asr-002862

dun po sa pagpapatas ng kamay,

BOC Commissioner Ariel F. Nepomuceno

asr-002863

et cetera, I trust the PNP

BOC Commissioner Ariel F. Nepomuceno

asr-002864

that they're also doing their investigation

BOC Commissioner Ariel F. Nepomuceno

asr-002865

properly.

Senator Joseph Victor "JV" G. Ejercito

asr-002866

Well, I know that

Senator Joseph Victor "JV" G. Ejercito

asr-002867

Com. Ariel, you would not

Senator Joseph Victor "JV" G. Ejercito

asr-002868

tolerate this. I'd like to

Senator Joseph Victor "JV" G. Ejercito

asr-002869

thank you also for acting very

Senator Joseph Victor "JV" G. Ejercito

asr-002870

fast. Yun pong

Senator Joseph Victor "JV" G. Ejercito

asr-002871

I brought out this

Senator Joseph Victor "JV" G. Ejercito

asr-002872

issue in our radio program

Senator Joseph Victor "JV" G. Ejercito

asr-002873

with Ombudsman, yun toko sa

Senator Joseph Victor "JV" G. Ejercito

asr-002874

CIS.

Senator Joseph Victor "JV" G. Ejercito

asr-002875

Na nag-aabuso.

Senator Joseph Victor "JV" G. Ejercito

asr-002876

And umaksyon kagad kayo.

Senator Joseph Victor "JV" G. Ejercito

asr-002877

And I think he was already relieved

Senator Joseph Victor "JV" G. Ejercito

asr-002878

already, yung head ng CIS

Senator Joseph Victor "JV" G. Ejercito

asr-002879

and as well the other

Senator Joseph Victor "JV" G. Ejercito

asr-002880

personnel who were involved.

Senator Joseph Victor "JV" G. Ejercito

asr-002881

Medyo marami na rin kasi siyang

Senator Joseph Victor "JV" G. Ejercito

asr-002882

controversy eh.

BOC Commissioner Ariel F. Nepomuceno

asr-002882-split-2

Agad naman po na

BOC Commissioner Ariel F. Nepomuceno

asr-002883

pirmam po with the support of Secretary

BOC Commissioner Ariel F. Nepomuceno

asr-002884

Frederick, napalitan na po namin yung

BOC Commissioner Ariel F. Nepomuceno

asr-002885

pinuno po.

Senator Joseph Victor "JV" G. Ejercito

asr-002886

Sabi ko nga kasi,

Senator Joseph Victor "JV" G. Ejercito

asr-002887

Commissioner Arnel,

Senator Joseph Victor "JV" G. Ejercito

asr-002888

we trust him, even during the radio

Senator Joseph Victor "JV" G. Ejercito

asr-002889

program. I think he's a man of integrity.

Senator Joseph Victor "JV" G. Ejercito

asr-002890

Problema,

Senator Joseph Victor "JV" G. Ejercito

asr-002891

some depcoms,

Senator Joseph Victor "JV" G. Ejercito

asr-002892

some directors and collectors, probably

Senator Joseph Victor "JV" G. Ejercito

asr-002893

are abusing his

Senator Joseph Victor "JV" G. Ejercito

asr-002894

being a nice person, a good

Senator Joseph Victor "JV" G. Ejercito

asr-002895

person. Baka may nag-aano. Minsan,

Senator Joseph Victor "JV" G. Ejercito

asr-002896

pag masyado ka mabait, ano eh,

Senator Joseph Victor "JV" G. Ejercito

asr-002897

inaabuso ka, di ba?

Senator Joseph Victor "JV" G. Ejercito

asr-002898

Hindi lang kinukuha kagad,

Senator Joseph Victor "JV" G. Ejercito

asr-002899

pero minsan inaabuso ka rin.

Senator Joseph Victor "JV" G. Ejercito

asr-002900

So yun lang yung sinabi ko kay

Senator Joseph Victor "JV" G. Ejercito

asr-002901

Com. Ariel during that time. But he acted already

Senator Joseph Victor "JV" G. Ejercito

asr-002902

on this issue.

Senator Joseph Victor "JV" G. Ejercito

asr-002903

Maraming salamat sa pag-action

Senator Joseph Victor "JV" G. Ejercito

asr-002904

kagad. Because you do not want

Senator Joseph Victor "JV" G. Ejercito

asr-002905

these people, these rogues,

Senator Joseph Victor "JV" G. Ejercito

asr-002906

these misfits

Senator Joseph Victor "JV" G. Ejercito

asr-002907

to bring you down. Kasi maayos

Senator Joseph Victor "JV" G. Ejercito

asr-002908

ka tao, bihira ang ganito. Especially with

Senator Joseph Victor "JV" G. Ejercito

asr-002909

BOC, BIR, and all.

Senator Joseph Victor "JV" G. Ejercito

asr-002910

Lahat kayo maayos. We don't want

Senator Joseph Victor "JV" G. Ejercito

asr-002911

some bad eggs

Senator Joseph Victor "JV" G. Ejercito

asr-002912

to pull you down.

Senator Joseph Victor "JV" G. Ejercito

asr-002913

Before we continue,

Senator Joseph Victor "JV" G. Ejercito

asr-002914

the Chair would like to

Senator Joseph Victor "JV" G. Ejercito

asr-002915

recognize the presence of Senator Bongo

Senator Joseph Victor "JV" G. Ejercito

asr-002916

and Senator Robin Padilla.

Senator Joseph Victor "JV" G. Ejercito

asr-002917

Thank you, Sir, for joining. I would

Senator Joseph Victor "JV" G. Ejercito

asr-002918

give you the chance to ask, but I

Senator Joseph Victor "JV" G. Ejercito

asr-002919

will just finish this para hindi tayo

Senator Joseph Victor "JV" G. Ejercito

asr-002920

mawala dun sa

Senator Joseph Victor "JV" G. Ejercito

asr-002921

floor.

Senator Joseph Victor "JV" G. Ejercito

asr-002922

Yung second sa CreateMore,

Senator Joseph Victor "JV" G. Ejercito

asr-002923

does the revenue estimate include

Senator Joseph Victor "JV" G. Ejercito

asr-002924

behavioral responses and

Senator Joseph Victor "JV" G. Ejercito

asr-002925

the cost of longer or more generous

Senator Joseph Victor "JV" G. Ejercito

asr-002926

incentives?

Senator Joseph Victor "JV" G. Ejercito

asr-002927

Yusek,

Senator Joseph Victor "JV" G. Ejercito

asr-002928

Carlo?

DOF Undersecretary Karlo Fermin S. Adriano

asr-002929

Mr. Chair, on the revenue program

DOF Undersecretary Karlo Fermin S. Adriano

asr-002930

which include CreateMore,

DOF Undersecretary Karlo Fermin S. Adriano

asr-002931

wala po tayong revenue projection

DOF Undersecretary Karlo Fermin S. Adriano

asr-002932

on the potential tax expenditure

DOF Undersecretary Karlo Fermin S. Adriano

asr-002933

for new investments.

DOF Undersecretary Karlo Fermin S. Adriano

asr-002934

Because we cannot project ilan ba yung

DOF Undersecretary Karlo Fermin S. Adriano

asr-002935

investment that will be attractive

DOF Undersecretary Karlo Fermin S. Adriano

asr-002936

by CreateMore. So yung nandun po

DOF Undersecretary Karlo Fermin S. Adriano

asr-002937

na negative are those

DOF Undersecretary Karlo Fermin S. Adriano

asr-002938

related to RBEs under

DOF Undersecretary Karlo Fermin S. Adriano

asr-002939

enhanced deduction na lalo po

DOF Undersecretary Karlo Fermin S. Adriano

asr-002940

natin pinaganda po kasi yung enhanced

DOF Undersecretary Karlo Fermin S. Adriano

asr-002941

deduction. Yun lang po yung kasama doon na

DOF Undersecretary Karlo Fermin S. Adriano

asr-002942

revenue estimate.

Senator Joseph Victor "JV" G. Ejercito

asr-002943

Thank you. Senator Bongo,

Senator Joseph Victor "JV" G. Ejercito

asr-002944

you may want

Senator Joseph Victor "JV" G. Ejercito

asr-002945

to ask some questions?

Senator Christopher Lawrence T. Go

asr-002946

Magandang hapon po sa inyong

Senator Christopher Lawrence T. Go

asr-002947

lahat. Maybe later na lang po

Senator Christopher Lawrence T. Go

asr-002948

pasahin ko muna, Mr. Chair.

Senator Joseph Victor "JV" G. Ejercito

asr-002949

Just let me know,

Senator Joseph Victor "JV" G. Ejercito

asr-002950

Senator Padilla, Senator Bongo,

Senator Joseph Victor "JV" G. Ejercito

asr-002951

just in case you may interject

Senator Joseph Victor "JV" G. Ejercito

asr-002952

anytime.

Senator Joseph Victor "JV" G. Ejercito

asr-002953

We touched earlier

Senator Joseph Victor "JV" G. Ejercito

asr-002954

sa mga foreign

Senator Joseph Victor "JV" G. Ejercito

asr-002955

assisted.

Senator Joseph Victor "JV" G. Ejercito

asr-002956

Now that the North-South

Senator Joseph Victor "JV" G. Ejercito

asr-002957

Commuter Railway and Metro Manila Subway

Senator Joseph Victor "JV" G. Ejercito

asr-002958

system are now in full blast,

Senator Joseph Victor "JV" G. Ejercito

asr-002959

kasi ang DOF may kinalaman dyan,

Senator Joseph Victor "JV" G. Ejercito

asr-002960

kasi consider revenue naman,

Senator Joseph Victor "JV" G. Ejercito

asr-002961

anything with

Senator Joseph Victor "JV" G. Ejercito

asr-002962

loans?

Senator Joseph Victor "JV" G. Ejercito

asr-002963

Financing?

Senator Joseph Victor "JV" G. Ejercito

asr-002964

And then financing,

Senator Joseph Victor "JV" G. Ejercito

asr-002965

we are also

Senator Joseph Victor "JV" G. Ejercito

asr-002966

involved.

Senator Joseph Victor "JV" G. Ejercito

asr-002967

Just a question, kasi yung

Senator Joseph Victor "JV" G. Ejercito

asr-002968

Mindanao Railway Project

Senator Joseph Victor "JV" G. Ejercito

asr-002969

and the South Long Haul

Senator Joseph Victor "JV" G. Ejercito

asr-002970

did not

Senator Joseph Victor "JV" G. Ejercito

asr-002971

materialize, no?

Senator Joseph Victor "JV" G. Ejercito

asr-002972

I think it's the Exim Bank. China kasi

Senator Joseph Victor "JV" G. Ejercito

asr-002973

ito dapat eh. And it

Senator Joseph Victor "JV" G. Ejercito

asr-002974

was suspended.

Senator Joseph Victor "JV" G. Ejercito

asr-002975

It remained unfunded under the

Senator Joseph Victor "JV" G. Ejercito

asr-002976

proposed fiscal year 2027

Senator Joseph Victor "JV" G. Ejercito

asr-002977

budget of the DOTR, dahil nga

Senator Joseph Victor "JV" G. Ejercito

asr-002978

meron loan deadlock. But ang

Senator Joseph Victor "JV" G. Ejercito

asr-002979

ano ko lang dito, kasi sayang

Senator Joseph Victor "JV" G. Ejercito

asr-002980

naman yung studies, all the studies,

Senator Joseph Victor "JV" G. Ejercito

asr-002981

right-of-way monitoring,

Senator Joseph Victor "JV" G. Ejercito

asr-002982

if we do not fund

Senator Joseph Victor "JV" G. Ejercito

asr-002983

the project management

Senator Joseph Victor "JV" G. Ejercito

asr-002984

offices at least, kasi nasimulan

Senator Joseph Victor "JV" G. Ejercito

asr-002985

na ito eh. So,

Senator Joseph Victor "JV" G. Ejercito

asr-002986

ang question ko na currently, are there any

Senator Joseph Victor "JV" G. Ejercito

asr-002987

ongoing discussions with potential

Senator Joseph Victor "JV" G. Ejercito

asr-002988

investors and creditors

Senator Joseph Victor "JV" G. Ejercito

asr-002989

or is it

Senator Joseph Victor "JV" G. Ejercito

asr-002990

possible to secure full funding

Senator Joseph Victor "JV" G. Ejercito

asr-002991

anytime soon?

DOF Secretary Frederick D. Go

asr-002992

We, Mr. Chair,

DOF Secretary Frederick D. Go

asr-002993

we have a representative from the

DOF Secretary Frederick D. Go

asr-002994

finance group of DOF

DOF Secretary Frederick D. Go

asr-002995

but I think he stepped out

DOF Secretary Frederick D. Go

asr-002996

but we can ask

Senator Joseph Victor "JV" G. Ejercito

asr-002997

him to... Yusek Balbosa?

DOF Secretary Frederick D. Go

asr-002998

Yes, correct.

Senator Joseph Victor "JV" G. Ejercito

asr-002999

Okay, we just ask him

Senator Joseph Victor "JV" G. Ejercito

asr-003000

when he returns.

Senator Joseph Victor "JV" G. Ejercito

asr-003001

Ah, Yusek Balbosa,

Senator Joseph Victor "JV" G. Ejercito

asr-003002

with regards

Senator Joseph Victor "JV" G. Ejercito

asr-003003

to major railway

Senator Joseph Victor "JV" G. Ejercito

asr-003004

projects, the Mindanao Railway

Senator Joseph Victor "JV" G. Ejercito

asr-003005

Project and the South Long

Senator Joseph Victor "JV" G. Ejercito

asr-003006

Hole, though it was suspended,

Senator Joseph Victor "JV" G. Ejercito

asr-003007

it remained

Senator Joseph Victor "JV" G. Ejercito

asr-003008

unfunded

Senator Joseph Victor "JV" G. Ejercito

asr-003009

because of

Senator Joseph Victor "JV" G. Ejercito

asr-003010

loan deadlocks.

Senator Joseph Victor "JV" G. Ejercito

asr-003011

Are there any ongoing discussions with potential

Senator Joseph Victor "JV" G. Ejercito

asr-003012

investors or creditors

Senator Joseph Victor "JV" G. Ejercito

asr-003013

that would possibly

Senator Joseph Victor "JV" G. Ejercito

asr-003014

take over?

DOF Undersecretary Joven Z. Balbosa

asr-003015

Yeah, Mr. Chair,

DOF Undersecretary Joven Z. Balbosa

asr-003016

yes. And

DOF Undersecretary Joven Z. Balbosa

asr-003017

we are looking at,

DOF Undersecretary Joven Z. Balbosa

asr-003018

India, for example, interested in the rail

DOF Undersecretary Joven Z. Balbosa

asr-003019

and others

DOF Undersecretary Joven Z. Balbosa

asr-003020

supporting. We have also bilaterals

DOF Undersecretary Joven Z. Balbosa

asr-003021

interested to support

DOF Undersecretary Joven Z. Balbosa

asr-003022

the preparation or the updating

DOF Undersecretary Joven Z. Balbosa

asr-003023

of the

DOF Undersecretary Joven Z. Balbosa

asr-003024

project preparation for

DOF Undersecretary Joven Z. Balbosa

asr-003025

the railway for Mindanao.

DOF Undersecretary Joven Z. Balbosa

asr-003026

We are also working with the OTR

DOF Undersecretary Joven Z. Balbosa

asr-003027

po on

DOF Undersecretary Joven Z. Balbosa

asr-003028

other lines, improving...

Senator Joseph Victor "JV" G. Ejercito

asr-003029

Am I correct that during the

Senator Joseph Victor "JV" G. Ejercito

asr-003030

president's last visit in India, this was

Senator Joseph Victor "JV" G. Ejercito

asr-003031

also, you were...

Senator Joseph Victor "JV" G. Ejercito

asr-003032

The OTR said, the secretary said

Senator Joseph Victor "JV" G. Ejercito

asr-003033

that you were trying to

Senator Joseph Victor "JV" G. Ejercito

asr-003034

look for,

Senator Joseph Victor "JV" G. Ejercito

asr-003035

explore the possibility of them taking

Senator Joseph Victor "JV" G. Ejercito

asr-003036

over South Long Hole or the Mindanao Railway.

Senator Joseph Victor "JV" G. Ejercito

asr-003037

Yes.

Senator Joseph Victor "JV" G. Ejercito

asr-003038

Yes.

DOF Undersecretary Joven Z. Balbosa

asr-003039

It's part of the discussion.

Senator Joseph Victor "JV" G. Ejercito

asr-003040

Also, just to take note,

Senator Joseph Victor "JV" G. Ejercito

asr-003041

we had the chance to visit the

Senator Joseph Victor "JV" G. Ejercito

asr-003042

EU. I think what will be

Senator Joseph Victor "JV" G. Ejercito

asr-003043

easy to look for are

Senator Joseph Victor "JV" G. Ejercito

asr-003044

for the ones to

Senator Joseph Victor "JV" G. Ejercito

asr-003045

take over are

Senator Joseph Victor "JV" G. Ejercito

asr-003046

those that have

Senator Joseph Victor "JV" G. Ejercito

asr-003047

experience and yung mga

Senator Joseph Victor "JV" G. Ejercito

asr-003048

manufacturers.

Senator Joseph Victor "JV" G. Ejercito

asr-003049

Spain for one or

Senator Joseph Victor "JV" G. Ejercito

asr-003050

EU. We had the chance

Senator Joseph Victor "JV" G. Ejercito

asr-003051

to go to

Senator Joseph Victor "JV" G. Ejercito

asr-003052

Spain a few years ago with then

Senator Joseph Victor "JV" G. Ejercito

asr-003053

Senate President Big Sobiri and we had

Senator Joseph Victor "JV" G. Ejercito

asr-003054

we had

Senator Joseph Victor "JV" G. Ejercito

asr-003055

an audience

Senator Joseph Victor "JV" G. Ejercito

asr-003056

with the king.

Senator Joseph Victor "JV" G. Ejercito

asr-003057

King Philip

Senator Joseph Victor "JV" G. Ejercito

asr-003058

kausap namin and

Senator Joseph Victor "JV" G. Ejercito

asr-003059

they were interested really to

Senator Joseph Victor "JV" G. Ejercito

asr-003060

they're looking at the Philippines

Senator Joseph Victor "JV" G. Ejercito

asr-003061

for sentimental value kasi

Senator Joseph Victor "JV" G. Ejercito

asr-003062

dati tayong colony and at the same time

Senator Joseph Victor "JV" G. Ejercito

asr-003063

meron silang, of course, for their

Senator Joseph Victor "JV" G. Ejercito

asr-003064

business interest, meron silang

Senator Joseph Victor "JV" G. Ejercito

asr-003065

kafe. I think that's a manufacturer.

Senator Joseph Victor "JV" G. Ejercito

asr-003066

Locomotive manufacturer, train

Senator Joseph Victor "JV" G. Ejercito

asr-003067

manufacturer. So, ito yung mga

Senator Joseph Victor "JV" G. Ejercito

asr-003068

potential. So, Yusek Coven,

Senator Joseph Victor "JV" G. Ejercito

asr-003069

just for your info,

Senator Joseph Victor "JV" G. Ejercito

asr-003070

yung Spain might be or Korea

Senator Joseph Victor "JV" G. Ejercito

asr-003071

or ito sana. Kasi,

Senator Joseph Victor "JV" G. Ejercito

asr-003072

the more we delay, the more it's more

Senator Joseph Victor "JV" G. Ejercito

asr-003073

it gets expensive.

Senator Joseph Victor "JV" G. Ejercito

asr-003074

Diba? Dahil sa depreciation

Senator Joseph Victor "JV" G. Ejercito

asr-003075

and yung cost ng

Senator Joseph Victor "JV" G. Ejercito

asr-003076

land and all for the right of way.

Senator Joseph Victor "JV" G. Ejercito

asr-003077

I feel

Senator Joseph Victor "JV" G. Ejercito

asr-003078

yung mga questions.

Senator Joseph Victor "JV" G. Ejercito

asr-003079

Thank you.

Senator Joseph Victor "JV" G. Ejercito

asr-003080

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?

DOF Secretary Frederick D. Go

asr-003081

On PDIC, the DBM has included a 57.

Senator Joseph Victor "JV" G. Ejercito

asr-003082

Because it's included in the unprogrammed appropriations of the DBM.

DOF Secretary Frederick D. Go

asr-003083

That's right. It is in the unprogrammed appropriations, 57 billion.

Senator Joseph Victor "JV" G. Ejercito

asr-003084

Total is 107?

DOF Secretary Frederick D. Go

asr-003085

110.

DOF Secretary Frederick D. Go

asr-003086

107? Sorry, 107.

Senator Joseph Victor "JV" G. Ejercito

asr-003087

107.

Senator Joseph Victor "JV" G. Ejercito

asr-003088

B.O.C., of course, Mr. Chairman of Finance, I'm concerned with the capital outlay as mentioned by SecDecGoc.

Senator Joseph Victor "JV" G. Ejercito

asr-003089

Most of the agency's departments have received cuts because of very limited fiscal space and elbow room, na limitado.

Senator Joseph Victor "JV" G. Ejercito

asr-003090

So for 2025-2026, how many shipments?

Senator Joseph Victor "JV" G. Ejercito

asr-003091

How many shipments were selected?

Senator Joseph Victor "JV" G. Ejercito

asr-003092

B.O.C.'s capital outlay is down by 25%.

Senator Joseph Victor "JV" G. Ejercito

asr-003093

What items are actually affected by this reduction?

Senator Joseph Victor "JV" G. Ejercito

asr-003094

How will this affect the maintenance and procurement of container x-ray scanners and high-volume ports in Manila?

Senator Joseph Victor "JV" G. Ejercito

asr-003095

At high-volume ports in Manila.

Senator Joseph Victor "JV" G. Ejercito

asr-003096

Ano ba kasama rito sa capital outlay that was affected ng budget cut natin?

BOC Commissioner Ariel F. Nepomuceno

asr-003097

Ang main concern po namin, Mr. Chair, yun pong supposedly bibili po tayo ng mga scanning machines.

BOC Commissioner Ariel F. Nepomuceno

asr-003098

We have existing machines but they need to be, of course, repaired and replaced some of them.

BOC Commissioner Ariel F. Nepomuceno

asr-003099

But this is the main item that has been slashed out from our budget.

BOC Commissioner Ariel F. Nepomuceno

asr-003100

But we have already included that in our list of priorities.

BOC Commissioner Ariel F. Nepomuceno

asr-003101

The request for the Senate and Congress to reconsider if this can be supported.

Senator Joseph Victor "JV" G. Ejercito

asr-003102

One of the reasons we have this budget here is yung mga agencies need to appeal to be prioritized or ma-reconsider.

Senator Joseph Victor "JV" G. Ejercito

asr-003103

What else from the scanners, let us know.

Senator Joseph Victor "JV" G. Ejercito

asr-003104

Sabi nga natin, because of the limited fiscal space, ano lang, in order of priority, ano yung nasa inyong wish list?

Senator Joseph Victor "JV" G. Ejercito

asr-003105

Kung baga, ayas.

BOC Commissioner Ariel F. Nepomuceno

asr-003106

Nag-lista po kami, Mr. Chair.

BOC Commissioner Ariel F. Nepomuceno

asr-003107

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.

BOC Commissioner Ariel F. Nepomuceno

asr-003108

And then yung iba po, kailangan po yung insurance expenses, machinery outlays.

BOC Commissioner Ariel F. Nepomuceno

asr-003109

At nagre-request din po kami sana ng at least tatlo pong

BOC Commissioner Ariel F. Nepomuceno

asr-003110

sea vessels. We already have existing sea vessels, pero sira po yung labing siyam po doon sa dalawampu.

BOC Commissioner Ariel F. Nepomuceno

asr-003111

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.

BOC Commissioner Ariel F. Nepomuceno

asr-003112

Sa ngayon, umaasa lang po tayo, lalo na po sa era ng basulta, umaasa po tayo.

BOC Commissioner Ariel F. Nepomuceno

asr-003113

Tinutulungan naman po kami ng Philippine Navy.

BOC Commissioner Ariel F. Nepomuceno

asr-003114

At ang Philippine Coast Guard.

BOC Commissioner Ariel F. Nepomuceno

asr-003115

Subalit, meron din po silang sariling mandato na kailangan po nilang i-prioritize.

BOC Commissioner Ariel F. Nepomuceno

asr-003116

Kaya sana magkaroon po kami ng pagkakataon na itaguyod yung sarili naming kakayanan upang magawa po namin yung mission.

BOC Commissioner Ariel F. Nepomuceno

asr-003117

At pang lima, ganun po yung repair po ng amici vessels.

BOC Commissioner Ariel F. Nepomuceno

asr-003118

Pang pito, again, insurance expense para dito sa mga vessels na to.

BOC Commissioner Ariel F. Nepomuceno

asr-003119

At yung pang walo, yun na banggit namin po kanina, ng sarili po nating condemnation facility.

BOC Commissioner Ariel F. Nepomuceno

asr-003120

Sana.

BOC Commissioner Ariel F. Nepomuceno

asr-003121

At pang huli, yung mga ibang MOOE expenses para dito.

BOC Commissioner Ariel F. Nepomuceno

asr-003122

po sa condemnation activities.

BOC Commissioner Ariel F. Nepomuceno

asr-003123

Mahaba po yung lista po namin.

BOC Commissioner Ariel F. Nepomuceno

asr-003124

So, balit ito po sana yung

BOC Commissioner Ariel F. Nepomuceno

asr-003125

prioridad. Dahil from

BOC Commissioner Ariel F. Nepomuceno

asr-003126

20, from an

BOC Commissioner Ariel F. Nepomuceno

asr-003127

original request of 29

BOC Commissioner Ariel F. Nepomuceno

asr-003128

billion, naging 5.9

BOC Commissioner Ariel F. Nepomuceno

asr-003129

billion po yung aming approved NEP.

BOC Commissioner Ariel F. Nepomuceno

asr-003130

Medyo

Senator Joseph Victor "JV" G. Ejercito

asr-003131

malayo po. 24 billion

Senator Joseph Victor "JV" G. Ejercito

asr-003132

ang variance.

Senator Joseph Victor "JV" G. Ejercito

asr-003133

Tanong ko lang ulit, any

Senator Joseph Victor "JV" G. Ejercito

asr-003134

update no? Kumari, I had the chance

Senator Joseph Victor "JV" G. Ejercito

asr-003135

to visit yung Port of Manila

Senator Joseph Victor "JV" G. Ejercito

asr-003136

few years ago.

Senator Joseph Victor "JV" G. Ejercito

asr-003137

Yung pala, yung nasunog yun, ano?

Senator Joseph Victor "JV" G. Ejercito

asr-003138

Yung main headquarters.

Senator Joseph Victor "JV" G. Ejercito

asr-003139

And you are, Port of Manila

Senator Joseph Victor "JV" G. Ejercito

asr-003140

is holding office in

Senator Joseph Victor "JV" G. Ejercito

asr-003141

temporary office.

Senator Joseph Victor "JV" G. Ejercito

asr-003142

Basketball court. Hanggang ngayon.

BOC Commissioner Ariel F. Nepomuceno

asr-003143

Oo. Galing po ako

BOC Commissioner Ariel F. Nepomuceno

asr-003144

ng Office of Civil Defense. Akala ko po

BOC Commissioner Ariel F. Nepomuceno

asr-003145

yung Port of Manila, evacuation center

BOC Commissioner Ariel F. Nepomuceno

asr-003146

din. Yung mga

BOC Commissioner Ariel F. Nepomuceno

asr-003147

kabli po, tuwing, hindi po

BOC Commissioner Ariel F. Nepomuceno

asr-003148

kailangan bumagyo. Tuwing nag-high

BOC Commissioner Ariel F. Nepomuceno

asr-003149

tide, delikado rin po yun.

BOC Commissioner Ariel F. Nepomuceno

asr-003150

We have to collect billions every day.

BOC Commissioner Ariel F. Nepomuceno

asr-003151

So once our operations

BOC Commissioner Ariel F. Nepomuceno

asr-003152

are affected by this

BOC Commissioner Ariel F. Nepomuceno

asr-003153

flooding.

Senator Joseph Victor "JV" G. Ejercito

asr-003154

That's near

Senator Joseph Victor "JV" G. Ejercito

asr-003155

malapit sa Manila, of course.

Senator Joseph Victor "JV" G. Ejercito

asr-003156

Nando kayo sa

Senator Joseph Victor "JV" G. Ejercito

asr-003157

Bay Area, no?

Senator Joseph Victor "JV" G. Ejercito

asr-003158

So pag nag-high tide, pumapasok sa loob.

BOC Commissioner Ariel F. Nepomuceno

asr-003159

Opo.

Senator Joseph Victor "JV" G. Ejercito

asr-003160

Danger.

Senator Joseph Victor "JV" G. Ejercito

asr-003161

That puts the equipment in danger.

Senator Joseph Victor "JV" G. Ejercito

asr-003162

Lalo na yung ating mga

Senator Joseph Victor "JV" G. Ejercito

asr-003163

records and all, di ba?

BOC Commissioner Ariel F. Nepomuceno

asr-003164

Tama po. Yung pong binabanggin nyo po

BOC Commissioner Ariel F. Nepomuceno

asr-003165

yung Port of Manila building na sunog na po.

BOC Commissioner Ariel F. Nepomuceno

asr-003166

So what we intend to do

BOC Commissioner Ariel F. Nepomuceno

asr-003167

is to, of course,

BOC Commissioner Ariel F. Nepomuceno

asr-003168

meron pong budget naman po doon

BOC Commissioner Ariel F. Nepomuceno

asr-003169

for this year, for the design

BOC Commissioner Ariel F. Nepomuceno

asr-003170

of the Port of Manila. Kaya lang po yung

BOC Commissioner Ariel F. Nepomuceno

asr-003171

kabuuan po yun, the entire complex of the

BOC Commissioner Ariel F. Nepomuceno

asr-003172

BOC, hindi po kasama.

BOC Commissioner Ariel F. Nepomuceno

asr-003173

So,

BOC Commissioner Ariel F. Nepomuceno

asr-003174

we are actually transferring

BOC Commissioner Ariel F. Nepomuceno

asr-003175

by leasing to another

BOC Commissioner Ariel F. Nepomuceno

asr-003176

area for the meantime, upang

BOC Commissioner Ariel F. Nepomuceno

asr-003177

magawa po yung disenyo at masimulan po

BOC Commissioner Ariel F. Nepomuceno

asr-003178

yung construction ito. Pero

BOC Commissioner Ariel F. Nepomuceno

asr-003179

2028 na po probably yung

BOC Commissioner Ariel F. Nepomuceno

asr-003180

construction. So what we can

BOC Commissioner Ariel F. Nepomuceno

asr-003181

do with our budget,

BOC Commissioner Ariel F. Nepomuceno

asr-003182

meron pong budget for 2026

BOC Commissioner Ariel F. Nepomuceno

asr-003183

which we can use to design

BOC Commissioner Ariel F. Nepomuceno

asr-003184

po yung Port of Manila offices.

Senator Joseph Victor "JV" G. Ejercito

asr-003185

Ito lang, meron

Senator Joseph Victor "JV" G. Ejercito

asr-003186

ng tanong.

Senator Joseph Victor "JV" G. Ejercito

asr-003187

Ito, on failed fuel

Senator Joseph Victor "JV" G. Ejercito

asr-003188

marking confirmatory test

Senator Joseph Victor "JV" G. Ejercito

asr-003189

under the BIR and BOC Joint Operations

Senator Joseph Victor "JV" G. Ejercito

asr-003190

Report this September 26,

Senator Joseph Victor "JV" G. Ejercito

asr-003191

it revealed that out

Senator Joseph Victor "JV" G. Ejercito

asr-003192

of the 421 fuel stations

Senator Joseph Victor "JV" G. Ejercito

asr-003193

inspected nationwide, 164

Senator Joseph Victor "JV" G. Ejercito

asr-003194

stations nearly, 39%

Senator Joseph Victor "JV" G. Ejercito

asr-003195

failed confirmatory

Senator Joseph Victor "JV" G. Ejercito

asr-003196

testing for unmarked

Senator Joseph Victor "JV" G. Ejercito

asr-003197

or illicit fuel.

Senator Joseph Victor "JV" G. Ejercito

asr-003198

So, how are

Senator Joseph Victor "JV" G. Ejercito

asr-003199

these, question, how

Senator Joseph Victor "JV" G. Ejercito

asr-003200

are these millions of liters of

Senator Joseph Victor "JV" G. Ejercito

asr-003201

tax-evaded fuel bypassing

Senator Joseph Victor "JV" G. Ejercito

asr-003202

our port of entry without

Senator Joseph Victor "JV" G. Ejercito

asr-003203

detection? So, ito ang isa sa mga ano ngayon,

Senator Joseph Victor "JV" G. Ejercito

asr-003204

yung fuel smuggling.

Senator Joseph Victor "JV" G. Ejercito

asr-003205

Yan, ang tanong

Senator Joseph Victor "JV" G. Ejercito

asr-003206

lang, how are these millions

Senator Joseph Victor "JV" G. Ejercito

asr-003207

of liters tax-evaded fuel bypassing

Senator Joseph Victor "JV" G. Ejercito

asr-003208

our port without detection?

Senator Joseph Victor "JV" G. Ejercito

asr-003209

Ano bang challenges?

Senator Joseph Victor "JV" G. Ejercito

asr-003210

Kulang ba sa kagamitan? Vessels?

BOC Commissioner Ariel F. Nepomuceno

asr-003211

Ganun na po, Mr. Chair.

BOC Commissioner Ariel F. Nepomuceno

asr-003212

Thank you po sa tanong.

BOC Commissioner Ariel F. Nepomuceno

asr-003213

Pag po pumasok ang mga

BOC Commissioner Ariel F. Nepomuceno

asr-003214

imported petroleum products

BOC Commissioner Ariel F. Nepomuceno

asr-003215

sa ating international ports,

BOC Commissioner Ariel F. Nepomuceno

asr-003216

yan po kaya po nating bantayan

BOC Commissioner Ariel F. Nepomuceno

asr-003217

dahil may mga tauhan naman po

BOC Commissioner Ariel F. Nepomuceno

asr-003218

tayo doon. Ang malaking

BOC Commissioner Ariel F. Nepomuceno

asr-003219

suliranin po natin ay yun pong

BOC Commissioner Ariel F. Nepomuceno

asr-003220

tinatawag po na paihi sa

BOC Commissioner Ariel F. Nepomuceno

asr-003221

Karagatanan. Of course,

BOC Commissioner Ariel F. Nepomuceno

asr-003222

we have to admit

BOC Commissioner Ariel F. Nepomuceno

asr-003223

that the BOC right now,

BOC Commissioner Ariel F. Nepomuceno

asr-003224

we don't have the capability to do that.

BOC Commissioner Ariel F. Nepomuceno

asr-003225

Exactly, this is the reason why we are

BOC Commissioner Ariel F. Nepomuceno

asr-003226

requesting to build our own

BOC Commissioner Ariel F. Nepomuceno

asr-003227

maritime capability and build

BOC Commissioner Ariel F. Nepomuceno

asr-003228

our

BOC Commissioner Ariel F. Nepomuceno

asr-003229

again, capability

BOC Commissioner Ariel F. Nepomuceno

asr-003230

to apprehend

BOC Commissioner Ariel F. Nepomuceno

asr-003231

smuggling being done in the

BOC Commissioner Ariel F. Nepomuceno

asr-003232

high seas. Hindi lang po

BOC Commissioner Ariel F. Nepomuceno

asr-003233

gasolina ang nangyari

BOC Commissioner Ariel F. Nepomuceno

asr-003234

sa high seas, kasama po

BOC Commissioner Ariel F. Nepomuceno

asr-003235

dyan ang sigarilyo at actually

BOC Commissioner Ariel F. Nepomuceno

asr-003236

even illegal drugs.

Senator Joseph Victor "JV" G. Ejercito

asr-003237

So, that's the reason why you're

Senator Joseph Victor "JV" G. Ejercito

asr-003238

sa capital outlay kasama yung acquisition?

Senator Joseph Victor "JV" G. Ejercito

asr-003239

Or you're aware of

Senator Joseph Victor "JV" G. Ejercito

asr-003240

vessels? Ilang vessels po ba

Senator Joseph Victor "JV" G. Ejercito

asr-003241

pinag-uusapan natin?

BOC Commissioner Ariel F. Nepomuceno

asr-003242

Sa unang request po namin, tatlo po

BOC Commissioner Ariel F. Nepomuceno

asr-003243

muna dahil meron naman pong labing

BOC Commissioner Ariel F. Nepomuceno

asr-003244

siyam na pwede po nating i-repair.

BOC Commissioner Ariel F. Nepomuceno

asr-003245

And the repair cost is included with the

BOC Commissioner Ariel F. Nepomuceno

asr-003246

amount already mentioned by

BOC Commissioner Ariel F. Nepomuceno

asr-003247

Secretary Fredrick Goh earlier, doon po sa

BOC Commissioner Ariel F. Nepomuceno

asr-003248

10 billion. Kasama na po

BOC Commissioner Ariel F. Nepomuceno

asr-003249

yung repair. But of course,

BOC Commissioner Ariel F. Nepomuceno

asr-003250

ano lang po,

BOC Commissioner Ariel F. Nepomuceno

asr-003251

initial capability build-up

BOC Commissioner Ariel F. Nepomuceno

asr-003252

lang to. We are now

BOC Commissioner Ariel F. Nepomuceno

asr-003253

being,

BOC Commissioner Ariel F. Nepomuceno

asr-003254

being assisted by the Philippine Coast Guard

BOC Commissioner Ariel F. Nepomuceno

asr-003255

on how to design the entire

BOC Commissioner Ariel F. Nepomuceno

asr-003256

system. Hindi lang po kasi to see

BOC Commissioner Ariel F. Nepomuceno

asr-003257

vessels. We have to have our own

BOC Commissioner Ariel F. Nepomuceno

asr-003258

repair capability

BOC Commissioner Ariel F. Nepomuceno

asr-003259

and even the staffing pattern po

BOC Commissioner Ariel F. Nepomuceno

asr-003260

yung organization to man

BOC Commissioner Ariel F. Nepomuceno

asr-003261

and manage this organization

BOC Commissioner Ariel F. Nepomuceno

asr-003262

should be really

Senator Joseph Victor "JV" G. Ejercito

asr-003263

effective. Meron pa kayong unit na

Senator Joseph Victor "JV" G. Ejercito

asr-003264

ganun para sa

Senator Joseph Victor "JV" G. Ejercito

asr-003265

pag-maintain and operate

Senator Joseph Victor "JV" G. Ejercito

asr-003266

na vessels?

BOC Commissioner Ariel F. Nepomuceno

asr-003266-split-2

Meron po.

BOC Commissioner Ariel F. Nepomuceno

asr-003267

The big picture po,

BOC Commissioner Ariel F. Nepomuceno

asr-003268

Mr. Chair, the answer is yes.

BOC Commissioner Ariel F. Nepomuceno

asr-003269

Meron po kaming Water Patrol

BOC Commissioner Ariel F. Nepomuceno

asr-003270

Division. Sa pangalan

BOC Commissioner Ariel F. Nepomuceno

asr-003271

pa lang po, alam nyo mong maliit na,

BOC Commissioner Ariel F. Nepomuceno

asr-003272

di ba? But the

BOC Commissioner Ariel F. Nepomuceno

asr-003273

mission is bigger

BOC Commissioner Ariel F. Nepomuceno

asr-003274

than our existing organization.

Senator Joseph Victor "JV" G. Ejercito

asr-003275

Probably, we're losing, ano,

Senator Joseph Victor "JV" G. Ejercito

asr-003276

probably millions here doon sa

Senator Joseph Victor "JV" G. Ejercito

asr-003277

paihi na sinasabi nyo.

Senator Joseph Victor "JV" G. Ejercito

asr-003278

Pag may tanker, didikit

Senator Joseph Victor "JV" G. Ejercito

asr-003279

isa pang mas maliit na tanker, no?

Senator Joseph Victor "JV" G. Ejercito

asr-003280

From our information, medyo

Senator Joseph Victor "JV" G. Ejercito

asr-003281

malaking negosyo ito.

Senator Joseph Victor "JV" G. Ejercito

asr-003282

Malaking itong paihi na ito.

BOC Commissioner Ariel F. Nepomuceno

asr-003283

Actually, Mr.

BOC Commissioner Ariel F. Nepomuceno

asr-003284

Chair, to appreciate,

BOC Commissioner Ariel F. Nepomuceno

asr-003285

sometimes nakikita po namin

BOC Commissioner Ariel F. Nepomuceno

asr-003286

because we have subscribed

BOC Commissioner Ariel F. Nepomuceno

asr-003287

to

BOC Commissioner Ariel F. Nepomuceno

asr-003288

monitoring systems wherein we can

BOC Commissioner Ariel F. Nepomuceno

asr-003289

see the hundreds

BOC Commissioner Ariel F. Nepomuceno

asr-003290

of ships within our

BOC Commissioner Ariel F. Nepomuceno

asr-003291

Philippine area of responsibility.

BOC Commissioner Ariel F. Nepomuceno

asr-003292

Makikita nyo po yan,

BOC Commissioner Ariel F. Nepomuceno

asr-003293

konting detaly po.

BOC Commissioner Ariel F. Nepomuceno

asr-003294

Pag bumagal yung barko ng 3 knots,

BOC Commissioner Ariel F. Nepomuceno

asr-003295

ang takbo lang po niyan

BOC Commissioner Ariel F. Nepomuceno

asr-003296

sa high seas, alam na po namin

BOC Commissioner Ariel F. Nepomuceno

asr-003297

may didikit doon.

BOC Commissioner Ariel F. Nepomuceno

asr-003298

But bigla pong mawawal.

Senator Joseph Victor "JV" G. Ejercito

asr-003299

Wala silang

BOC Commissioner Ariel F. Nepomuceno

asr-003300

transponder.

BOC Commissioner Ariel F. Nepomuceno

asr-003301

Madidikit po, pinapatay po nilang

BOC Commissioner Ariel F. Nepomuceno

asr-003302

transponder.

BOC Commissioner Ariel F. Nepomuceno

asr-003303

Hindi naman po pwedeng lumangoy po

BOC Commissioner Ariel F. Nepomuceno

asr-003304

ang ating mga tauan lang.

BOC Commissioner Ariel F. Nepomuceno

asr-003305

We have to have that capability

BOC Commissioner Ariel F. Nepomuceno

asr-003306

for the long term.

Senator Joseph Victor "JV" G. Ejercito

asr-003307

Receive information, talaga

Senator Joseph Victor "JV" G. Ejercito

asr-003308

malaking negosyo itong

Senator Joseph Victor "JV" G. Ejercito

asr-003309

paihi.

Senator Joseph Victor "JV" G. Ejercito

asr-003310

Pero I think it's just the lack of

Senator Joseph Victor "JV" G. Ejercito

asr-003311

equipment or vessels.

Senator Joseph Victor "JV" G. Ejercito

asr-003312

So wala tayo.

Senator Joseph Victor "JV" G. Ejercito

asr-003313

You don't think there's

Senator Joseph Victor "JV" G. Ejercito

asr-003314

any custom officials

Senator Joseph Victor "JV" G. Ejercito

asr-003315

that are involved here?

Senator Joseph Victor "JV" G. Ejercito

asr-003316

O meron din?

Senator Joseph Victor "JV" G. Ejercito

asr-003317

Kung meron man, meron bang

Senator Joseph Victor "JV" G. Ejercito

asr-003318

naparosahan na dito sa fuel smuggling?

BOC Commissioner Ariel F. Nepomuceno

asr-003319

Wala pa po.

BOC Commissioner Ariel F. Nepomuceno

asr-003320

So ako po bilang pinuno po ng

BOC Commissioner Ariel F. Nepomuceno

asr-003321

BOC,

BOC Commissioner Ariel F. Nepomuceno

asr-003322

while I fully trust

BOC Commissioner Ariel F. Nepomuceno

asr-003323

our own people, of course,

BOC Commissioner Ariel F. Nepomuceno

asr-003324

my presumption always is

BOC Commissioner Ariel F. Nepomuceno

asr-003325

maaring merong involved.

BOC Commissioner Ariel F. Nepomuceno

asr-003326

I cannot just sit down

BOC Commissioner Ariel F. Nepomuceno

asr-003327

and just trust and then

BOC Commissioner Ariel F. Nepomuceno

asr-003328

laging po kaming nagbabantay

BOC Commissioner Ariel F. Nepomuceno

asr-003329

sa aming mga kasamahan.

BOC Commissioner Ariel F. Nepomuceno

asr-003330

Along with the other agencies.

BOC Commissioner Ariel F. Nepomuceno

asr-003331

We welcome the other agencies

BOC Commissioner Ariel F. Nepomuceno

asr-003332

being involved in apprehending

BOC Commissioner Ariel F. Nepomuceno

asr-003333

smuggled importations.

Senator Joseph Victor "JV" G. Ejercito

asr-003334

Senator Bong Go would like to ask questions.

Senator Christopher Lawrence T. Go

asr-003335

Singit lang po ako.

Senator Christopher Lawrence T. Go

asr-003336

Tanong ko lang po, Commissioner,

Senator Christopher Lawrence T. Go

asr-003337

yung mga vehicles na nahuhuli ninyo,

Senator Christopher Lawrence T. Go

asr-003338

yung mga imported vehicles,

Senator Christopher Lawrence T. Go

asr-003339

anong ginagawa nyo ngayon

Senator Christopher Lawrence T. Go

asr-003340

in auction ninyo?

Senator Christopher Lawrence T. Go

asr-003341

Maalala ko nung time ni

Senator Christopher Lawrence T. Go

asr-003342

former President Duterte,

Senator Christopher Lawrence T. Go

asr-003343

meron mga winasak po.

Senator Christopher Lawrence T. Go

asr-003344

Bak, sinagasaan.

Senator Christopher Lawrence T. Go

asr-003345

Anong ginagawa nyo po ngayon

Senator Christopher Lawrence T. Go

asr-003346

sa mga nahuli?

Senator Christopher Lawrence T. Go

asr-003347

Anong period na binibigay nyo sa kanila?

Senator Christopher Lawrence T. Go

asr-003348

Or for auction na ho ba ito?

Senator Christopher Lawrence T. Go

asr-003349

Additional revenues sa gobyerno?

Senator Christopher Lawrence T. Go

asr-003350

Anong pinagkaiba noon at sa ngayon po?

BOC Commissioner Ariel F. Nepomuceno

asr-003351

Ang pulisiya ko po

BOC Commissioner Ariel F. Nepomuceno

asr-003352

bilang Commissioner,

BOC Commissioner Ariel F. Nepomuceno

asr-003353

ay i-auction po ito.

BOC Commissioner Ariel F. Nepomuceno

asr-003354

Dahil sayang naman po yung

BOC Commissioner Ariel F. Nepomuceno

asr-003355

pwede nating malikom na pondo,

BOC Commissioner Ariel F. Nepomuceno

asr-003356

pwede magamit po sa mga programa ng pamahalaan.

BOC Commissioner Ariel F. Nepomuceno

asr-003357

There are three valid options po.

BOC Commissioner Ariel F. Nepomuceno

asr-003358

Number one,

BOC Commissioner Ariel F. Nepomuceno

asr-003359

masakin.

BOC Commissioner Ariel F. Nepomuceno

asr-003360

Bilang Commissioner po,

BOC Commissioner Ariel F. Nepomuceno

asr-003361

hindi ko po ito gagawin.

BOC Commissioner Ariel F. Nepomuceno

asr-003362

Unless utusan po ako ng

BOC Commissioner Ariel F. Nepomuceno

asr-003363

mas mataas po sa akin.

BOC Commissioner Ariel F. Nepomuceno

asr-003364

But I prefer not to do that.

BOC Commissioner Ariel F. Nepomuceno

asr-003365

Pangalawa po,

BOC Commissioner Ariel F. Nepomuceno

asr-003366

pwede po namin by law

BOC Commissioner Ariel F. Nepomuceno

asr-003367

to donate this to other government agencies.

BOC Commissioner Ariel F. Nepomuceno

asr-003368

Kaya lang po,

BOC Commissioner Ariel F. Nepomuceno

asr-003369

kapag mga luxury or high-end vehicles,

BOC Commissioner Ariel F. Nepomuceno

asr-003370

hindi po naman magandang

BOC Commissioner Ariel F. Nepomuceno

asr-003371

gamitin po ito ng mga

BOC Commissioner Ariel F. Nepomuceno

asr-003372

opisyal po ng pamahalaan.

BOC Commissioner Ariel F. Nepomuceno

asr-003373

Kaya nandun lang po ako sa pangatlo.

BOC Commissioner Ariel F. Nepomuceno

asr-003374

Na ito po ay i-auction

BOC Commissioner Ariel F. Nepomuceno

asr-003375

and I assure the committee that

BOC Commissioner Ariel F. Nepomuceno

asr-003376

our auction will definitely be

BOC Commissioner Ariel F. Nepomuceno

asr-003377

competitive and transparent po.

BOC Commissioner Ariel F. Nepomuceno

asr-003378

Tuwing po meron kaming auction yung bidding,

BOC Commissioner Ariel F. Nepomuceno

asr-003379

yan po ay napapanood live po sa

BOC Commissioner Ariel F. Nepomuceno

asr-003380

YouTube or Facebook.

BOC Commissioner Ariel F. Nepomuceno

asr-003381

At talagang competitive po yan.

BOC Commissioner Ariel F. Nepomuceno

asr-003382

This is the reason why we were able to generate

BOC Commissioner Ariel F. Nepomuceno

asr-003383

funds. Right now, nasa

BOC Commissioner Ariel F. Nepomuceno

asr-003384

almost half billion na po yung

BOC Commissioner Ariel F. Nepomuceno

asr-003385

kinita po ng bansa

BOC Commissioner Ariel F. Nepomuceno

asr-003386

with our auctions. Yung mga

BOC Commissioner Ariel F. Nepomuceno

asr-003387

high-profile

BOC Commissioner Ariel F. Nepomuceno

asr-003388

luxury vehicles that we were

BOC Commissioner Ariel F. Nepomuceno

asr-003389

able to seize. Those vehicles

BOC Commissioner Ariel F. Nepomuceno

asr-003390

that were

BOC Commissioner Ariel F. Nepomuceno

asr-003391

procured illegally

BOC Commissioner Ariel F. Nepomuceno

asr-003392

dun po sa construction issues

BOC Commissioner Ariel F. Nepomuceno

asr-003393

na ongoing po.

Senator Christopher Lawrence T. Go

asr-003394

Maring nung panahon,

Senator Christopher Lawrence T. Go

asr-003395

former President Duterte, nagawa rin po

Senator Christopher Lawrence T. Go

asr-003396

niya yun, no? Dahil

Senator Christopher Lawrence T. Go

asr-003397

siguro warning yun sa mga

Senator Christopher Lawrence T. Go

asr-003398

sa mga

Senator Christopher Lawrence T. Go

asr-003399

nag-smuggle, sa mga

Senator Christopher Lawrence T. Go

asr-003400

illegal smugglers.

Senator Christopher Lawrence T. Go

asr-003401

Magkano na pong

Senator Christopher Lawrence T. Go

asr-003402

na-generate nyo rito sa mga auctions?

BOC Commissioner Ariel F. Nepomuceno

asr-003403

Ibibigay ko po yung

BOC Commissioner Ariel F. Nepomuceno

asr-003404

exacto, but almost 500 million

BOC Commissioner Ariel F. Nepomuceno

asr-003405

na po yun.

BOC Commissioner Ariel F. Nepomuceno

asr-003406

At meron pa po kami nakapila

BOC Commissioner Ariel F. Nepomuceno

asr-003407

na another

BOC Commissioner Ariel F. Nepomuceno

asr-003408

potential 500 million po.

BOC Commissioner Ariel F. Nepomuceno

asr-003409

Dun po sa luxury vehicles.

BOC Commissioner Ariel F. Nepomuceno

asr-003410

Pero marami pa po

BOC Commissioner Ariel F. Nepomuceno

asr-003411

na hindi naman po high-end vehicles

BOC Commissioner Ariel F. Nepomuceno

asr-003412

na i-auction din po namin.

Senator Christopher Lawrence T. Go

asr-003413

Lately po, marami po akong

Senator Christopher Lawrence T. Go

asr-003414

narinig na sa inyong

Senator Christopher Lawrence T. Go

asr-003415

magandang performance

Senator Christopher Lawrence T. Go

asr-003416

sa BOC, marami.

Senator Christopher Lawrence T. Go

asr-003417

Nababasa po natin ito.

Senator Christopher Lawrence T. Go

asr-003418

Thank you po.

Senator Christopher Lawrence T. Go

asr-003419

Congratulations for that.

Senator Christopher Lawrence T. Go

asr-003420

May tanong lang po ako sa inyo.

Senator Christopher Lawrence T. Go

asr-003421

Honest answer lang po.

Senator Christopher Lawrence T. Go

asr-003422

Ano sa tingin ninyo

Senator Christopher Lawrence T. Go

asr-003423

ang

Senator Christopher Lawrence T. Go

asr-003424

when it comes to

Senator Christopher Lawrence T. Go

asr-003425

corruption, meron pa rin

Senator Christopher Lawrence T. Go

asr-003426

o ba corruption ng

Senator Christopher Lawrence T. Go

asr-003427

BOC?

BOC Commissioner Ariel F. Nepomuceno

asr-003428

Meron pa rin po yan talaga.

BOC Commissioner Ariel F. Nepomuceno

asr-003429

Again po, hanggat hindi po

BOC Commissioner Ariel F. Nepomuceno

asr-003430

natin na fully

BOC Commissioner Ariel F. Nepomuceno

asr-003431

digitalized ang ating mga

BOC Commissioner Ariel F. Nepomuceno

asr-003432

proseso, we are vulnerable to

Senator Christopher Lawrence T. Go

asr-003433

Ano pong pinagkaiba kung sakaling

Senator Christopher Lawrence T. Go

asr-003434

maging fully

Senator Christopher Lawrence T. Go

asr-003435

digitalized?

BOC Commissioner Ariel F. Nepomuceno

asr-003436

Yun po, pinaluanan ko po kanyan.

BOC Commissioner Ariel F. Nepomuceno

asr-003437

Ongoing na po yung ating

BOC Commissioner Ariel F. Nepomuceno

asr-003438

proyekto.

BOC Commissioner Ariel F. Nepomuceno

asr-003439

Labing lima po yung mga

BOC Commissioner Ariel F. Nepomuceno

asr-003440

proyekto natin sa IT projects.

BOC Commissioner Ariel F. Nepomuceno

asr-003441

Ang sentro po nito,

BOC Commissioner Ariel F. Nepomuceno

asr-003442

pinakamahalaga yung tinatawag na

BOC Commissioner Ariel F. Nepomuceno

asr-003443

customs processing system.

BOC Commissioner Ariel F. Nepomuceno

asr-003444

Ito po yung

BOC Commissioner Ariel F. Nepomuceno

asr-003445

pag dumating yung

BOC Commissioner Ariel F. Nepomuceno

asr-003446

importasyon,

BOC Commissioner Ariel F. Nepomuceno

asr-003447

yung pagsasubmit po

BOC Commissioner Ariel F. Nepomuceno

asr-003448

ng mga importers

BOC Commissioner Ariel F. Nepomuceno

asr-003449

or their representatives

BOC Commissioner Ariel F. Nepomuceno

asr-003450

digital na.

BOC Commissioner Ariel F. Nepomuceno

asr-003451

Dapat wala na human intervention.

BOC Commissioner Ariel F. Nepomuceno

asr-003452

Para po kayong pumasok sa

BOC Commissioner Ariel F. Nepomuceno

asr-003453

dun po sa ATM booth

BOC Commissioner Ariel F. Nepomuceno

asr-003454

ng mga bangko

BOC Commissioner Ariel F. Nepomuceno

asr-003455

na pipili lang po kayo

BOC Commissioner Ariel F. Nepomuceno

asr-003456

ng inyong transaksyon.

BOC Commissioner Ariel F. Nepomuceno

asr-003457

Withdrawal,

BOC Commissioner Ariel F. Nepomuceno

asr-003458

balance,

BOC Commissioner Ariel F. Nepomuceno

asr-003459

or deposit,

BOC Commissioner Ariel F. Nepomuceno

asr-003460

wala naman po kayong kakausapin

BOC Commissioner Ariel F. Nepomuceno

asr-003461

na taga-bangko

BOC Commissioner Ariel F. Nepomuceno

asr-003462

unless yung pong

BOC Commissioner Ariel F. Nepomuceno

asr-003463

ATM card nyo

BOC Commissioner Ariel F. Nepomuceno

asr-003464

kinain po nung machine.

BOC Commissioner Ariel F. Nepomuceno

asr-003465

Ganito din po dapat

BOC Commissioner Ariel F. Nepomuceno

asr-003466

sa Bureau of Customs.

BOC Commissioner Ariel F. Nepomuceno

asr-003467

At yung pong

BOC Commissioner Ariel F. Nepomuceno

asr-003468

teknolohiya naman po

BOC Commissioner Ariel F. Nepomuceno

asr-003469

para dyan,

BOC Commissioner Ariel F. Nepomuceno

asr-003470

available naman po yun.

BOC Commissioner Ariel F. Nepomuceno

asr-003471

Hindi po natin

BOC Commissioner Ariel F. Nepomuceno

asr-003472

i-inventuin yan.

BOC Commissioner Ariel F. Nepomuceno

asr-003473

We just have to adapt

BOC Commissioner Ariel F. Nepomuceno

asr-003474

what's already existing

BOC Commissioner Ariel F. Nepomuceno

asr-003475

in other countries.

BOC Commissioner Ariel F. Nepomuceno

asr-003476

In our case,

BOC Commissioner Ariel F. Nepomuceno

asr-003477

yung pong ongoing

BOC Commissioner Ariel F. Nepomuceno

asr-003478

PPP proposal

BOC Commissioner Ariel F. Nepomuceno

asr-003479

na nasa gitna na po kami ngayon

BOC Commissioner Ariel F. Nepomuceno

asr-003480

ng technical discussions.

BOC Commissioner Ariel F. Nepomuceno

asr-003481

Yung legal,

BOC Commissioner Ariel F. Nepomuceno

asr-003482

tapos na po.

BOC Commissioner Ariel F. Nepomuceno

asr-003483

This technology

BOC Commissioner Ariel F. Nepomuceno

asr-003484

is available

BOC Commissioner Ariel F. Nepomuceno

asr-003485

and already being used

BOC Commissioner Ariel F. Nepomuceno

asr-003486

in Singapore.

BOC Commissioner Ariel F. Nepomuceno

asr-003487

So,

BOC Commissioner Ariel F. Nepomuceno

asr-003488

alam naman po natin

BOC Commissioner Ariel F. Nepomuceno

asr-003489

sa bansang Singapore

BOC Commissioner Ariel F. Nepomuceno

asr-003490

napakahigpit.

BOC Commissioner Ariel F. Nepomuceno

asr-003491

Bubble gum nga lang po

BOC Commissioner Ariel F. Nepomuceno

asr-003492

bawal sa kanila.

BOC Commissioner Ariel F. Nepomuceno

asr-003493

So,

BOC Commissioner Ariel F. Nepomuceno

asr-003494

ina-adapt po natin

BOC Commissioner Ariel F. Nepomuceno

asr-003495

yung sistema nila

BOC Commissioner Ariel F. Nepomuceno

asr-003496

wherein wala kang kakausapin

BOC Commissioner Ariel F. Nepomuceno

asr-003497

na taga-Bureau of Customs

BOC Commissioner Ariel F. Nepomuceno

asr-003498

from end to end po.

BOC Commissioner Ariel F. Nepomuceno

asr-003499

Mula sa pagsasabihin

BOC Commissioner Ariel F. Nepomuceno

asr-003500

ang dokumento

BOC Commissioner Ariel F. Nepomuceno

asr-003501

including bank documents.

BOC Commissioner Ariel F. Nepomuceno

asr-003502

Importante po yung

BOC Commissioner Ariel F. Nepomuceno

asr-003503

bank documents

BOC Commissioner Ariel F. Nepomuceno

asr-003504

at insurance documents.

BOC Commissioner Ariel F. Nepomuceno

asr-003505

Dahil po,

BOC Commissioner Ariel F. Nepomuceno

asr-003506

ang mga bangko

BOC Commissioner Ariel F. Nepomuceno

asr-003507

hindi po yan makikiisa.

BOC Commissioner Ariel F. Nepomuceno

asr-003508

Sa kalukuhan po

BOC Commissioner Ariel F. Nepomuceno

asr-003509

ng smugglers,

BOC Commissioner Ariel F. Nepomuceno

asr-003510

napakalaki po

BOC Commissioner Ariel F. Nepomuceno

asr-003511

nung kanilang iniingat

BOC Commissioner Ariel F. Nepomuceno

asr-003512

ang pangalan

BOC Commissioner Ariel F. Nepomuceno

asr-003513

at negosyo.

BOC Commissioner Ariel F. Nepomuceno

asr-003514

That will be included

BOC Commissioner Ariel F. Nepomuceno

asr-003515

in the digital submission

BOC Commissioner Ariel F. Nepomuceno

asr-003516

ng gampong

BOC Commissioner Ariel F. Nepomuceno

asr-003517

valuation.

BOC Commissioner Ariel F. Nepomuceno

asr-003518

May AI capability po yan

BOC Commissioner Ariel F. Nepomuceno

asr-003519

upang yung laman talaga

BOC Commissioner Ariel F. Nepomuceno

asr-003520

ng container

BOC Commissioner Ariel F. Nepomuceno

asr-003521

at yung mga

BOC Commissioner Ariel F. Nepomuceno

asr-003522

dineklara sa banko

BOC Commissioner Ariel F. Nepomuceno

asr-003523

na binayaran po nila

BOC Commissioner Ariel F. Nepomuceno

asr-003524

from their port of origin

BOC Commissioner Ariel F. Nepomuceno

asr-003525

hanggang dito po sa atin.

BOC Commissioner Ariel F. Nepomuceno

asr-003526

Yung po yung dapat nilang bayaran.

BOC Commissioner Ariel F. Nepomuceno

asr-003527

So, the leakage will be

BOC Commissioner Ariel F. Nepomuceno

asr-003528

almost zeroed out.

BOC Commissioner Ariel F. Nepomuceno

asr-003529

But then again,

BOC Commissioner Ariel F. Nepomuceno

asr-003530

this has to be

BOC Commissioner Ariel F. Nepomuceno

asr-003531

a 100%

BOC Commissioner Ariel F. Nepomuceno

asr-003532

fully automated

BOC Commissioner Ariel F. Nepomuceno

asr-003533

CPS.

BOC Commissioner Ariel F. Nepomuceno

asr-003534

Hindi po po pwedeng

BOC Commissioner Ariel F. Nepomuceno

asr-003535

90%

BOC Commissioner Ariel F. Nepomuceno

asr-003536

at iwanan po yung

BOC Commissioner Ariel F. Nepomuceno

asr-003537

10%.

BOC Commissioner Ariel F. Nepomuceno

asr-003538

Magkakaproblema na naman po tayo.

Senator Christopher Lawrence T. Go

asr-003539

Salamat po.

Senator Christopher Lawrence T. Go

asr-003540

Sana po yung magawa niya

Senator Christopher Lawrence T. Go

asr-003541

ng parahan yan.

Senator Christopher Lawrence T. Go

asr-003542

Sumusuporta po kami

Senator Christopher Lawrence T. Go

asr-003543

sa inyo rito.

Senator Christopher Lawrence T. Go

asr-003544

Sa inyong layunin.

Senator Christopher Lawrence T. Go

asr-003545

Sana mawala na yung

Senator Christopher Lawrence T. Go

asr-003546

word na lagay.

Senator Christopher Lawrence T. Go

asr-003547

Not

Senator Christopher Lawrence T. Go

asr-003548

completely eradicate

Senator Christopher Lawrence T. Go

asr-003549

corruption.

BOC Commissioner Ariel F. Nepomuceno

asr-003550

If I may,

BOC Commissioner Ariel F. Nepomuceno

asr-003551

Mr. Senator,

BOC Commissioner Ariel F. Nepomuceno

asr-003552

ganito po yun eh.

BOC Commissioner Ariel F. Nepomuceno

asr-003553

Pag pumasok po kayo

BOC Commissioner Ariel F. Nepomuceno

asr-003554

sa system na yun

BOC Commissioner Ariel F. Nepomuceno

asr-003555

at maglalodge po kayo

BOC Commissioner Ariel F. Nepomuceno

asr-003556

ng importation,

BOC Commissioner Ariel F. Nepomuceno

asr-003557

wala po kayong kausap eh.

BOC Commissioner Ariel F. Nepomuceno

asr-003558

Unlike po ngayon,

BOC Commissioner Ariel F. Nepomuceno

asr-003559

meron po kayong suki

BOC Commissioner Ariel F. Nepomuceno

asr-003560

or kakilala

BOC Commissioner Ariel F. Nepomuceno

asr-003561

na laging kausap.

BOC Commissioner Ariel F. Nepomuceno

asr-003562

In this system,

BOC Commissioner Ariel F. Nepomuceno

asr-003563

numero lang po lahat yun.

BOC Commissioner Ariel F. Nepomuceno

asr-003564

At wala po kayong,

BOC Commissioner Ariel F. Nepomuceno

asr-003565

hindi nyo alam

BOC Commissioner Ariel F. Nepomuceno

asr-003566

kung sino yung gusto

BOC Commissioner Ariel F. Nepomuceno

asr-003567

nyo kausapin.

BOC Commissioner Ariel F. Nepomuceno

asr-003568

This has to be

BOC Commissioner Ariel F. Nepomuceno

asr-003569

the kind of system

BOC Commissioner Ariel F. Nepomuceno

asr-003570

that will really

BOC Commissioner Ariel F. Nepomuceno

asr-003571

prevent abuses

BOC Commissioner Ariel F. Nepomuceno

asr-003572

or discretions

BOC Commissioner Ariel F. Nepomuceno

asr-003573

na madedehado po

BOC Commissioner Ariel F. Nepomuceno

asr-003574

ang bansa.

BOC Commissioner Ariel F. Nepomuceno

asr-003575

At makakasa po tayo

BOC Commissioner Ariel F. Nepomuceno

asr-003576

based on the fact that

BOC Commissioner Ariel F. Nepomuceno

asr-003577

on our timeline,

BOC Commissioner Ariel F. Nepomuceno

asr-003578

mga bandang June

BOC Commissioner Ariel F. Nepomuceno

asr-003579

or July next year,

BOC Commissioner Ariel F. Nepomuceno

asr-003580

pwede na pong i-roll out

BOC Commissioner Ariel F. Nepomuceno

asr-003581

yung pilot

BOC Commissioner Ariel F. Nepomuceno

asr-003582

areas po nito.

BOC Commissioner Ariel F. Nepomuceno

asr-003583

We will pick

BOC Commissioner Ariel F. Nepomuceno

asr-003584

three

BOC Commissioner Ariel F. Nepomuceno

asr-003585

ports out of our

BOC Commissioner Ariel F. Nepomuceno

asr-003586

17 major ports

BOC Commissioner Ariel F. Nepomuceno

asr-003587

and 36 sub-ports.

BOC Commissioner Ariel F. Nepomuceno

asr-003588

Pag na-install na po natin yan,

BOC Commissioner Ariel F. Nepomuceno

asr-003589

huwag lang pong magkaroon po

BOC Commissioner Ariel F. Nepomuceno

asr-003590

ng injunction

BOC Commissioner Ariel F. Nepomuceno

asr-003591

or TRO

BOC Commissioner Ariel F. Nepomuceno

asr-003592

sa korte.

BOC Commissioner Ariel F. Nepomuceno

asr-003593

Tuloy-tuloy naman po ito.

Senator Christopher Lawrence T. Go

asr-003594

Salamat po.

Senator Christopher Lawrence T. Go

asr-003595

Malaking bagay po yan

Senator Christopher Lawrence T. Go

asr-003596

kung mawawala

Senator Christopher Lawrence T. Go

asr-003597

yung corruption.

Senator Christopher Lawrence T. Go

asr-003598

Malaking income po.

Senator Christopher Lawrence T. Go

asr-003599

Yan sa ating

Senator Christopher Lawrence T. Go

asr-003600

gobyerno.

Senator Christopher Lawrence T. Go

asr-003601

Anyway,

Senator Christopher Lawrence T. Go

asr-003602

balikan ko lang po

Senator Christopher Lawrence T. Go

asr-003603

dito si

Senator Christopher Lawrence T. Go

asr-003604

Secretary of Finance.

Senator Christopher Lawrence T. Go

asr-003605

Allow me to

Senator Christopher Lawrence T. Go

asr-003606

express my support

Senator Christopher Lawrence T. Go

asr-003607

for the budget

Senator Christopher Lawrence T. Go

asr-003608

of the Department of Finance

Senator Christopher Lawrence T. Go

asr-003609

including its

Senator Christopher Lawrence T. Go

asr-003610

attached agencies

Senator Christopher Lawrence T. Go

asr-003611

and corporation.

Senator Christopher Lawrence T. Go

asr-003612

Malaki po ang papel

Senator Christopher Lawrence T. Go

asr-003613

ng DFA

Senator Christopher Lawrence T. Go

asr-003614

para masiguro

Senator Christopher Lawrence T. Go

asr-003615

na mayroon tayong

Senator Christopher Lawrence T. Go

asr-003616

sapat na resources

Senator Christopher Lawrence T. Go

asr-003617

para pondohan

Senator Christopher Lawrence T. Go

asr-003618

at suportahan

Senator Christopher Lawrence T. Go

asr-003619

ang mga programa

Senator Christopher Lawrence T. Go

asr-003620

ng gobyerno

Senator Christopher Lawrence T. Go

asr-003621

para sa iba't-ibang

Senator Christopher Lawrence T. Go

asr-003622

sektor

Senator Christopher Lawrence T. Go

asr-003623

gaya ng health,

Senator Christopher Lawrence T. Go

asr-003624

education,

Senator Christopher Lawrence T. Go

asr-003625

social protection,

Senator Christopher Lawrence T. Go

asr-003626

infrastructure,

Senator Christopher Lawrence T. Go

asr-003627

national defense

Senator Christopher Lawrence T. Go

asr-003628

at iba pa.

Senator Christopher Lawrence T. Go

asr-003629

Importante po itong

Senator Christopher Lawrence T. Go

asr-003630

finance.

Senator Christopher Lawrence T. Go

asr-003631

Kayo ito yung

Senator Christopher Lawrence T. Go

asr-003632

pinaka-centro

Senator Christopher Lawrence T. Go

asr-003633

with the able

Senator Christopher Lawrence T. Go

asr-003634

and competent

Senator Christopher Lawrence T. Go

asr-003635

leadership

Senator Christopher Lawrence T. Go

asr-003636

ng ating

Senator Christopher Lawrence T. Go

asr-003637

sekretary,

Senator Christopher Lawrence T. Go

asr-003638

sekretary

Senator Christopher Lawrence T. Go

asr-003639

Frederick Goh.

Senator Christopher Lawrence T. Go

asr-003640

Not because

Senator Christopher Lawrence T. Go

asr-003641

Goh ka rin,

Senator Christopher Lawrence T. Go

asr-003642

but

Senator Christopher Lawrence T. Go

asr-003643

alam kong experience

Senator Christopher Lawrence T. Go

asr-003644

ka na sa

Senator Christopher Lawrence T. Go

asr-003645

dito,

Senator Christopher Lawrence T. Go

asr-003646

sa finance.

Senator Christopher Lawrence T. Go

asr-003647

Ito yung

Senator Christopher Lawrence T. Go

asr-003648

Goh na

Senator Christopher Lawrence T. Go

asr-003649

ano siya,

Senator Christopher Lawrence T. Go

asr-003650

ito yung rich na

Senator Christopher Lawrence T. Go

asr-003651

rich version

Senator Christopher Lawrence T. Go

asr-003652

ng Goh.

Senator Christopher Lawrence T. Go

asr-003653

Tagal ko po itong

Senator Christopher Lawrence T. Go

asr-003654

gusto na rin po talaga itong

Senator Christopher Lawrence T. Go

asr-003655

tumulong para sa ating

Senator Christopher Lawrence T. Go

asr-003656

bayan. Sabi ko nga,

Senator Christopher Lawrence T. Go

asr-003657

minsan lang tayo

Senator Christopher Lawrence T. Go

asr-003658

mabubuhay sa mundong ito.

Senator Christopher Lawrence T. Go

asr-003659

Gawin mo na yung pwede mong gawin para sa

Senator Christopher Lawrence T. Go

asr-003660

bayan. Kung anong ma-contribute mo

Senator Christopher Lawrence T. Go

asr-003661

para sa bayan,

Senator Christopher Lawrence T. Go

asr-003662

gawin mo na.

Senator Christopher Lawrence T. Go

asr-003663

Supportado ka namin dito. Basta gawin mo

Senator Christopher Lawrence T. Go

asr-003664

lang yung tama para sa

Senator Christopher Lawrence T. Go

asr-003665

interest ng mga kababayan natin.

Senator Christopher Lawrence T. Go

asr-003666

Lalong-lalo na po yung mga mahirap.

Senator Christopher Lawrence T. Go

asr-003667

Ngayon, sir,

Senator Christopher Lawrence T. Go

asr-003668

balikan ko lang po konti yung

Senator Christopher Lawrence T. Go

asr-003669

backtrack po tayo.

Senator Christopher Lawrence T. Go

asr-003670

Si Treasurer

Senator Christopher Lawrence T. Go

asr-003671

Sharon Almanza,

Senator Christopher Lawrence T. Go

asr-003672

kailan po kayo nag-umpisa

Senator Christopher Lawrence T. Go

asr-003673

bilang Treasurer, ma'am?

Treasurer of the Philippines Sharon P. Almanza

asr-003674

2024 po.

Senator Christopher Lawrence T. Go

asr-003675

Anong month po?

Treasurer of the Philippines Sharon P. Almanza

asr-003676

March. Around

Treasurer of the Philippines Sharon P. Almanza

asr-003677

March po.

Senator Christopher Lawrence T. Go

asr-003678

So, are you familiar with

Senator Christopher Lawrence T. Go

asr-003679

ito pong

Senator Christopher Lawrence T. Go

asr-003680

yung mga

Senator Christopher Lawrence T. Go

asr-003681

pinupul na fans

Senator Christopher Lawrence T. Go

asr-003682

kinukuha ng

Senator Christopher Lawrence T. Go

asr-003683

National Treasury?

Senator Christopher Lawrence T. Go

asr-003684

Di ba dinadala sa inyo?

Senator Christopher Lawrence T. Go

asr-003685

And then, do you still remember

Senator Christopher Lawrence T. Go

asr-003686

Phil Health, fans?

Treasurer of the Philippines Sharon P. Almanza

asr-003687

Yes, sir.

Senator Christopher Lawrence T. Go

asr-003688

Ito po yung diniclare ng

Senator Christopher Lawrence T. Go

asr-003689

Supreme Court na

Senator Christopher Lawrence T. Go

asr-003690

illegal.

Senator Christopher Lawrence T. Go

asr-003691

Noong una,

Senator Christopher Lawrence T. Go

asr-003692

sabi ko nga,

Senator Christopher Lawrence T. Go

asr-003693

it might be

Senator Christopher Lawrence T. Go

asr-003694

legally

Senator Christopher Lawrence T. Go

asr-003695

possible,

Senator Christopher Lawrence T. Go

asr-003696

but morally unacceptable

Senator Christopher Lawrence T. Go

asr-003697

po sa akin yung nangyari nung

Senator Christopher Lawrence T. Go

asr-003698

2024.

Senator Christopher Lawrence T. Go

asr-003699

Dahil marami pa pong mga kababayan natin

Senator Christopher Lawrence T. Go

asr-003700

na mga mahirap,

Senator Christopher Lawrence T. Go

asr-003701

na takot magpa-hospital,

Senator Christopher Lawrence T. Go

asr-003702

ayaw magpa-hospital,

Senator Christopher Lawrence T. Go

asr-003703

meron nga pong namatay

Senator Christopher Lawrence T. Go

asr-003704

from Cebu, mag-ina,

Senator Christopher Lawrence T. Go

asr-003705

yung buntis,

Senator Christopher Lawrence T. Go

asr-003706

ayaw nang pumunta sa hospital

Senator Christopher Lawrence T. Go

asr-003707

dahil takot po sa babayarin

Senator Christopher Lawrence T. Go

asr-003708

sa kanilang pagpa-hospital.

Senator Christopher Lawrence T. Go

asr-003709

At marami pong Pilipino

Senator Christopher Lawrence T. Go

asr-003710

ang takot magpa-hospital ngayon

Senator Christopher Lawrence T. Go

asr-003711

dahil sa babayarin sa hospital.

Senator Christopher Lawrence T. Go

asr-003712

So, babalikan ko lang po

Senator Christopher Lawrence T. Go

asr-003713

ito since

Senator Christopher Lawrence T. Go

asr-003714

trabaho rin po ito ng

Senator Christopher Lawrence T. Go

asr-003715

finance. Alam naman natin

Senator Christopher Lawrence T. Go

asr-003716

ang trabaho ng finance,

Senator Christopher Lawrence T. Go

asr-003717

sila yung

Senator Christopher Lawrence T. Go

asr-003718

though allowed by Congress

Senator Christopher Lawrence T. Go

asr-003719

kung merong mga excess funds

Senator Christopher Lawrence T. Go

asr-003720

pinupool,

Senator Christopher Lawrence T. Go

asr-003721

yun po yung pinuprogram.

Senator Christopher Lawrence T. Go

asr-003722

Nilalagay doon sa mga

Senator Christopher Lawrence T. Go

asr-003723

unprogrammed funds, ito yung

Senator Christopher Lawrence T. Go

asr-003724

excess collection. Ang excess

Senator Christopher Lawrence T. Go

asr-003725

collections, manggagaling po sa inyo.

Senator Christopher Lawrence T. Go

asr-003726

Sa customs,

Senator Christopher Lawrence T. Go

asr-003727

sa BIR.

Senator Christopher Lawrence T. Go

asr-003728

So, balikan ko lang po itong

Senator Christopher Lawrence T. Go

asr-003729

2024. Kasi sumama talaga

Senator Christopher Lawrence T. Go

asr-003730

yung loob ko dito.

Senator Christopher Lawrence T. Go

asr-003731

Lalong-lalo na po yung nangyari sa PhilHealth.

Senator Christopher Lawrence T. Go

asr-003732

Dahil nung kalagitnaan

Senator Christopher Lawrence T. Go

asr-003733

ng taon ng July

Senator Christopher Lawrence T. Go

asr-003734

or June

Senator Christopher Lawrence T. Go

asr-003735

ng 2024,

Senator Christopher Lawrence T. Go

asr-003736

and I'm sure kayo na po ang

Senator Christopher Lawrence T. Go

asr-003737

treasurer nun,

Senator Christopher Lawrence T. Go

asr-003738

meron pong tinatawag na so-called

Senator Christopher Lawrence T. Go

asr-003739

excess funds

Senator Christopher Lawrence T. Go

asr-003740

ang PhilHealth

Senator Christopher Lawrence T. Go

asr-003741

na about

Senator Christopher Lawrence T. Go

asr-003742

91 billion nga po daw yun.

Senator Christopher Lawrence T. Go

asr-003743

Unang-una na

Senator Christopher Lawrence T. Go

asr-003744

balik po sa National Treasury

Senator Christopher Lawrence T. Go

asr-003745

yung 31 billion.

Senator Christopher Lawrence T. Go

asr-003746

Kaya nagkaroon po tayo ng hearing dito

Senator Christopher Lawrence T. Go

asr-003747

sa Committee on Health. Sabi ko,

Senator Christopher Lawrence T. Go

asr-003748

bakit kinuha

Senator Christopher Lawrence T. Go

asr-003749

yung

Senator Christopher Lawrence T. Go

asr-003750

60 billion?

Senator Christopher Lawrence T. Go

asr-003751

60 billion.

Senator Christopher Lawrence T. Go

asr-003752

60 muna una, diba?

Senator Christopher Lawrence T. Go

asr-003753

Out of supposed 91 billion.

Senator Christopher Lawrence T. Go

asr-003754

Hindi.

Senator Christopher Lawrence T. Go

asr-003755

Pero yung in-approve yata,

Senator Christopher Lawrence T. Go

asr-003756

90 po supposed.

Senator Christopher Lawrence T. Go

asr-003757

90.

Senator Christopher Lawrence T. Go

asr-003758

90 dapat.

Senator Christopher Lawrence T. Go

asr-003759

So 30 yung na

Senator Christopher Lawrence T. Go

asr-003760

na-remit sa National Treasury.

Senator Christopher Lawrence T. Go

asr-003761

Kasi yung mga excess funds.

Senator Christopher Lawrence T. Go

asr-003762

Pero wala po talagang excess funds

Senator Christopher Lawrence T. Go

asr-003763

ang PhilHealth sa totoo lamang po.

Senator Christopher Lawrence T. Go

asr-003764

Kaya sobrang sama ng loob ko nun.

Senator Christopher Lawrence T. Go

asr-003765

Tingnan niyo po ah.

Senator Christopher Lawrence T. Go

asr-003766

Nung 2024,

Senator Christopher Lawrence T. Go

asr-003767

ang earmark po dapat

Senator Christopher Lawrence T. Go

asr-003768

sa batas natin,

Senator Christopher Lawrence T. Go

asr-003769

sa syntax,

Senator Christopher Lawrence T. Go

asr-003770

law.

Senator Christopher Lawrence T. Go

asr-003771

Earmark for PhilHealth is 79

Senator Christopher Lawrence T. Go

asr-003772

billion.

Senator Christopher Lawrence T. Go

asr-003773

Ngunit ang GAAS subsidy

Senator Christopher Lawrence T. Go

asr-003774

na in-aprobahan sa Kongreso is

Senator Christopher Lawrence T. Go

asr-003775

40.283

Senator Christopher Lawrence T. Go

asr-003776

billion.

Senator Christopher Lawrence T. Go

asr-003777

So makikita nyo lang po

Senator Christopher Lawrence T. Go

asr-003778

sa screen.

Senator Christopher Lawrence T. Go

asr-003779

Then, sa kalagitnaan ng taon,

Senator Christopher Lawrence T. Go

asr-003780

60 billion was transferred to

Senator Christopher Lawrence T. Go

asr-003781

National Treasury.

Senator Christopher Lawrence T. Go

asr-003782

Pagdating ng 2025,

Senator Christopher Lawrence T. Go

asr-003783

dapat yung earmark

Senator Christopher Lawrence T. Go

asr-003784

for PhilHealth is 69.8 billion.

Senator Christopher Lawrence T. Go

asr-003785

Eh, na-aprobahan sa Congress

Senator Christopher Lawrence T. Go

asr-003786

is zero. Hindi po ako pumirma sa

Senator Christopher Lawrence T. Go

asr-003787

BICAM report nun.

Senator Christopher Lawrence T. Go

asr-003788

Nung budget

Senator Christopher Lawrence T. Go

asr-003789

deliberation dito sa

Senator Christopher Lawrence T. Go

asr-003790

Senado.

Senator Christopher Lawrence T. Go

asr-003791

Dahil nakita ko zero po yung

Senator Christopher Lawrence T. Go

asr-003792

inilaan for PhilHealth.

Senator Christopher Lawrence T. Go

asr-003793

So, sobrang sakit na

Senator Christopher Lawrence T. Go

asr-003794

makita mo, bakit zero?

Senator Christopher Lawrence T. Go

asr-003795

Eh, nasa batas po

Senator Christopher Lawrence T. Go

asr-003796

na mag-earmark po.

Senator Christopher Lawrence T. Go

asr-003797

Not every year.

Senator Christopher Lawrence T. Go

asr-003798

Sinasabi ko lang po ito,

Senator Christopher Lawrence T. Go

asr-003799

Sekretary Frederick Gona,

Senator Christopher Lawrence T. Go

asr-003800

tingnan nyo pong mabuti

Senator Christopher Lawrence T. Go

asr-003801

kung ano po yung nandun sa batasana

Senator Christopher Lawrence T. Go

asr-003802

po yun po ang inilaan.

Senator Christopher Lawrence T. Go

asr-003803

So, nangyari,

Senator Christopher Lawrence T. Go

asr-003804

in-aprobahan sa GAAS,

Senator Christopher Lawrence T. Go

asr-003805

61.1

Senator Christopher Lawrence T. Go

asr-003806

61 billion

Senator Christopher Lawrence T. Go

asr-003807

514

Senator Christopher Lawrence T. Go

asr-003808

61.514

Senator Christopher Lawrence T. Go

asr-003809

billion. Pero ang binalik,

Senator Christopher Lawrence T. Go

asr-003810

60 billion. Halos wala nang

Senator Christopher Lawrence T. Go

asr-003811

naging budget ang PhilHealth.

Senator Christopher Lawrence T. Go

asr-003812

PhilHealth for

Senator Christopher Lawrence T. Go

asr-003813

2,224.

Senator Christopher Lawrence T. Go

asr-003814

Habang marami pong mga kababayan natin

Senator Christopher Lawrence T. Go

asr-003815

na hirap,

Senator Christopher Lawrence T. Go

asr-003816

ayaw magpo-hospital,

Senator Christopher Lawrence T. Go

asr-003817

takot magpo-hospital.

Senator Christopher Lawrence T. Go

asr-003818

Pero tingnan nyo po sa inyong mga

Senator Christopher Lawrence T. Go

asr-003819

hospital billing, magkano lang po ang

Senator Christopher Lawrence T. Go

asr-003820

kinocover ng PhilHealth sa ngayon.

Senator Christopher Lawrence T. Go

asr-003821

Minsan wala pang 1%.

Senator Christopher Lawrence T. Go

asr-003822

Kayo po, ma'am, na-admit na ho ba

Senator Christopher Lawrence T. Go

asr-003823

kayo?

Senator Christopher Lawrence T. Go

asr-003824

Huwag naman po sana, pero na-avail

Senator Christopher Lawrence T. Go

asr-003825

nyo ho ba ang...

Treasurer of the Philippines Sharon P. Almanza

asr-003826

Recently po na-avail ko and

Treasurer of the Philippines Sharon P. Almanza

asr-003827

naramdaman ko po yung PhilHealth.

Senator Christopher Lawrence T. Go

asr-003828

Yung recently? What year was that, ma'am?

Treasurer of the Philippines Sharon P. Almanza

asr-003829

Very recent po na

Treasurer of the Philippines Sharon P. Almanza

asr-003830

na-admit po ako sa ER and naramdaman

Treasurer of the Philippines Sharon P. Almanza

asr-003831

ko po talaga. Natuwa po ako.

Treasurer of the Philippines Sharon P. Almanza

asr-003832

Natuwa po ako bilang member ng PhilHealth.

Senator Christopher Lawrence T. Go

asr-003833

Ikaw, Sekretary Goh,

Senator Christopher Lawrence T. Go

asr-003834

hindi mo pa na...

Senator Christopher Lawrence T. Go

asr-003835

Baka ayaw mo lang i-avail

Senator Christopher Lawrence T. Go

asr-003836

kasi meron kang

Senator Christopher Lawrence T. Go

asr-003837

private na mga medical cards

Senator Christopher Lawrence T. Go

asr-003838

siguro, healthcare.

Senator Christopher Lawrence T. Go

asr-003839

Hindi mo na kailangan.

Senator Christopher Lawrence T. Go

asr-003840

Baka hindi mo na siguro ina-avail yung

Senator Christopher Lawrence T. Go

asr-003841

PhilHealth dahil may pambayad ka.

Senator Christopher Lawrence T. Go

asr-003842

Anyway, seriously speaking.

Senator Christopher Lawrence T. Go

asr-003843

Noong 2024,

Senator Christopher Lawrence T. Go

asr-003844

pagdating noong

Senator Christopher Lawrence T. Go

asr-003845

Disyembre,

Senator Christopher Lawrence T. Go

asr-003846

nagkaroon po ng board meeting

Senator Christopher Lawrence T. Go

asr-003847

ang PhilHealth.

Senator Christopher Lawrence T. Go

asr-003848

Dahil nagpanik na sila.

Senator Christopher Lawrence T. Go

asr-003849

Dahil, galit na yung tao eh.

Senator Christopher Lawrence T. Go

asr-003850

Kasi binalik nga yung

Senator Christopher Lawrence T. Go

asr-003851

60 billion. Hindi lang po kasalanan ng

Senator Christopher Lawrence T. Go

asr-003852

Secretary of Finance dahil

Senator Christopher Lawrence T. Go

asr-003853

nagpresentaan,

Senator Christopher Lawrence T. Go

asr-003854

wala po yung PhilHealth na sabi nila.

Senator Christopher Lawrence T. Go

asr-003855

Meron silang excess funds.

Senator Christopher Lawrence T. Go

asr-003856

Nilagay po sa

Senator Christopher Lawrence T. Go

asr-003857

pinul po yung funds.

Senator Christopher Lawrence T. Go

asr-003858

Ganun lang po ang trabaho ng Secretary of Finance.

Senator Christopher Lawrence T. Go

asr-003859

Panahon ni Secretary Dominguez

Senator Christopher Lawrence T. Go

asr-003860

noong panahon ng pandemia, siya rin po yung

Senator Christopher Lawrence T. Go

asr-003861

nag... kumbaga nagtatawag nito

Senator Christopher Lawrence T. Go

asr-003862

is nagwawalis ng mga

Senator Christopher Lawrence T. Go

asr-003863

pondo po. So, ginawa...

Senator Christopher Lawrence T. Go

asr-003864

Iyan rin po ang ginawa ng Secretary of Finance.

Senator Christopher Lawrence T. Go

asr-003865

Ang masakit lang po, sana

Senator Christopher Lawrence T. Go

asr-003866

huwag gamitin yung sa health. Kasi ako po

Senator Christopher Lawrence T. Go

asr-003867

ay naniniwala na ang PhilHealth

Senator Christopher Lawrence T. Go

asr-003868

funds po ay para sa health

Senator Christopher Lawrence T. Go

asr-003869

ng Pilipino.

Senator Christopher Lawrence T. Go

asr-003870

So, ang ginawa ng PhilHealth noong

Senator Christopher Lawrence T. Go

asr-003871

December of 2024, nagmadali sila,

Senator Christopher Lawrence T. Go

asr-003872

nag-board meeting sila.

Senator Christopher Lawrence T. Go

asr-003873

Doon po nila

Senator Christopher Lawrence T. Go

asr-003874

ginawa yung mga increasing of

Senator Christopher Lawrence T. Go

asr-003875

case rates.

Senator Christopher Lawrence T. Go

asr-003876

Kaya naramdaman nyo na po siguro.

Senator Christopher Lawrence T. Go

asr-003877

Yung pagpapaopera sa puso,

Senator Christopher Lawrence T. Go

asr-003878

doon na nila

Senator Christopher Lawrence T. Go

asr-003879

kinocover na pag nagkaroon

Senator Christopher Lawrence T. Go

asr-003880

ka ng bypass,

Senator Christopher Lawrence T. Go

asr-003881

ay 500,000 na yata yung

Senator Christopher Lawrence T. Go

asr-003882

ikocover nila. But,

Senator Christopher Lawrence T. Go

asr-003883

that was decided December

Senator Christopher Lawrence T. Go

asr-003884

of

Senator Christopher Lawrence T. Go

asr-003885

2024. Tapos na pong

Senator Christopher Lawrence T. Go

asr-003886

kinuha yung pondo na

Senator Christopher Lawrence T. Go

asr-003887

60 billion noong July

Senator Christopher Lawrence T. Go

asr-003888

or June of 2024.

Senator Christopher Lawrence T. Go

asr-003889

Dahil nagpanik na po yung PhilHealth

Senator Christopher Lawrence T. Go

asr-003890

board. Nagmadali sila, tinaasan nila

Senator Christopher Lawrence T. Go

asr-003891

yung case rates, sinama nila yung

Senator Christopher Lawrence T. Go

asr-003892

check-up sa

Senator Christopher Lawrence T. Go

asr-003893

mata,

Senator Christopher Lawrence T. Go

asr-003894

at marami

Senator Christopher Lawrence T. Go

asr-003895

silang mga pulisiya po.

Senator Christopher Lawrence T. Go

asr-003896

Halimbawa,

Senator Christopher Lawrence T. Go

asr-003897

yung 45 days

Senator Christopher Lawrence T. Go

asr-003898

confinement policy nila.

Senator Christopher Lawrence T. Go

asr-003899

Na pag hanggang

Senator Christopher Lawrence T. Go

asr-003900

45 days ka lang po ikocover ng PhilHealth.

Senator Christopher Lawrence T. Go

asr-003901

Ngayon, tinanggal na po nila yun.

Senator Christopher Lawrence T. Go

asr-003902

Tayo pong nakapansin nun.

Senator Christopher Lawrence T. Go

asr-003903

Yung single period of confinement

Senator Christopher Lawrence T. Go

asr-003904

policy nila na

Senator Christopher Lawrence T. Go

asr-003905

within 90 days, hindi ka pwedeng

Senator Christopher Lawrence T. Go

asr-003906

i-cover muli ng PhilHealth. So, tinanggal

Senator Christopher Lawrence T. Go

asr-003907

po nila yun noong December

Senator Christopher Lawrence T. Go

asr-003908

of 2024.

Senator Christopher Lawrence T. Go

asr-003909

Dahil nagpanik na po sila

Senator Christopher Lawrence T. Go

asr-003910

at galit na po yung tao.

Senator Christopher Lawrence T. Go

asr-003911

Sabi ko, sana ginawa nila yung mga

Senator Christopher Lawrence T. Go

asr-003912

changes nila, yung mga reforms nila.

Senator Christopher Lawrence T. Go

asr-003913

Tinanggal yung mga old

Senator Christopher Lawrence T. Go

asr-003914

policies nila na single period of

Senator Christopher Lawrence T. Go

asr-003915

confinement policy,

Senator Christopher Lawrence T. Go

asr-003916

ginawa nila noong January of

Senator Christopher Lawrence T. Go

asr-003917

2024, wala sanang

Senator Christopher Lawrence T. Go

asr-003918

excess funds ang PhilHealth.

Senator Christopher Lawrence T. Go

asr-003919

Walang kukunin ang

Senator Christopher Lawrence T. Go

asr-003920

National Treasury. Walang kukunin

Senator Christopher Lawrence T. Go

asr-003921

po ang Department of

Senator Christopher Lawrence T. Go

asr-003922

Finance. Ang punto ko lang po

Senator Christopher Lawrence T. Go

asr-003923

dito,

Senator Christopher Lawrence T. Go

asr-003924

sir, kung ano po yung naayon sa batas

Senator Christopher Lawrence T. Go

asr-003925

na ilagay po natin

Senator Christopher Lawrence T. Go

asr-003926

na pondo para sa health.

Senator Christopher Lawrence T. Go

asr-003927

Kasi ako po yung naniniwala na

Senator Christopher Lawrence T. Go

asr-003928

ang PhilHealth po ay para sa health

Senator Christopher Lawrence T. Go

asr-003929

ng bawat

Senator Christopher Lawrence T. Go

asr-003930

Pilipino.

Senator Christopher Lawrence T. Go

asr-003931

At salamat rin po sa Supreme Court

Senator Christopher Lawrence T. Go

asr-003932

finally nakapag-decide sila.

Senator Christopher Lawrence T. Go

asr-003933

Ipinabalik po noong

Senator Christopher Lawrence T. Go

asr-003934

2026 yung 60

Senator Christopher Lawrence T. Go

asr-003935

billion. Pero

Senator Christopher Lawrence T. Go

asr-003936

tingnan nyo po,

Senator Christopher Lawrence T. Go

asr-003937

dalawang taon po

Senator Christopher Lawrence T. Go

asr-003938

ang PhilHealth.

Senator Christopher Lawrence T. Go

asr-003939

Nabawasan sila ng 60 billion noong

Senator Christopher Lawrence T. Go

asr-003940

2024, naging

Senator Christopher Lawrence T. Go

asr-003941

zero sila

Senator Christopher Lawrence T. Go

asr-003942

noong 2025.

Senator Christopher Lawrence T. Go

asr-003943

It was double whammy po ang nangyari

Senator Christopher Lawrence T. Go

asr-003944

sa PhilHealth. Sana

Senator Christopher Lawrence T. Go

asr-003945

po, Sekretary

Senator Christopher Lawrence T. Go

asr-003946

Frederick Goh,

Senator Christopher Lawrence T. Go

asr-003947

uncle.

Senator Christopher Lawrence T. Go

asr-003948

Hindi,

Senator Christopher Lawrence T. Go

asr-003949

gaw po ang, minsan biro ko

Senator Christopher Lawrence T. Go

asr-003950

sa kanya eh. Gaw,

Senator Christopher Lawrence T. Go

asr-003951

uncle na kita ngayon.

Senator Christopher Lawrence T. Go

asr-003952

Kasi tumanda ka na sa trabaho mo.

Senator Christopher Lawrence T. Go

asr-003953

Pero, masarap

Senator Christopher Lawrence T. Go

asr-003954

ang pakiramdam pag nakatulong ka

Senator Christopher Lawrence T. Go

asr-003955

para sa bayan mo, Sekretary

Senator Christopher Lawrence T. Go

asr-003956

Frederick. Sana po yung huwag maulit

Senator Christopher Lawrence T. Go

asr-003957

ito na kung ano po yung pondo para

Senator Christopher Lawrence T. Go

asr-003958

sa PhilHealth. Dahil marami pa po ang Pilipino.

Senator Christopher Lawrence T. Go

asr-003959

Mga kailangan. Tama yung sinabi nyo

Senator Christopher Lawrence T. Go

asr-003960

ngayon, ma'am. Ramdam na po natin.

Senator Christopher Lawrence T. Go

asr-003961

Marami na pong mga reforma

Senator Christopher Lawrence T. Go

asr-003962

na pinatanggal natin

Senator Christopher Lawrence T. Go

asr-003963

na tayo po nakapansin.

Senator Christopher Lawrence T. Go

asr-003964

At

Senator Christopher Lawrence T. Go

asr-003965

sulit po yung pangungulit natin

Senator Christopher Lawrence T. Go

asr-003966

sa PhilHealth.

Senator Christopher Lawrence T. Go

asr-003967

Yung 24-hour confinement

Senator Christopher Lawrence T. Go

asr-003968

policy, alam nyo po yun.

Senator Christopher Lawrence T. Go

asr-003969

Na kailangan mong ma-admit muna

Senator Christopher Lawrence T. Go

asr-003970

ng 24 hours

Senator Christopher Lawrence T. Go

asr-003971

bago ka-cover ng PhilHealth. Kalukuhan naman yun.

Senator Christopher Lawrence T. Go

asr-003972

Di ba? Sana gamitin mo

Senator Christopher Lawrence T. Go

asr-003973

na lang yung pera sa

Senator Christopher Lawrence T. Go

asr-003974

bili ng medisina kaysa ibayad mo sa kwarto.

Senator Christopher Lawrence T. Go

asr-003975

So marami silang nadiscovering

Senator Christopher Lawrence T. Go

asr-003976

mga pulisiyan na old policies

Senator Christopher Lawrence T. Go

asr-003977

ng PhilHealth

Senator Christopher Lawrence T. Go

asr-003978

na tinanggal nila

Senator Christopher Lawrence T. Go

asr-003979

ng December

Senator Christopher Lawrence T. Go

asr-003980

2024 sa board meeting nila.

Senator Christopher Lawrence T. Go

asr-003981

Pero tapos na po.

Senator Christopher Lawrence T. Go

asr-003982

Kinuha na yung

Senator Christopher Lawrence T. Go

asr-003983

60 billion. Salamat naman po

Senator Christopher Lawrence T. Go

asr-003984

at naibalik na yung 2026

Senator Christopher Lawrence T. Go

asr-003985

inutos po ng

Senator Christopher Lawrence T. Go

asr-003986

Pangulong Marcos na ibalik po siya.

Senator Christopher Lawrence T. Go

asr-003987

Kaya lang, kung titignan mong

Senator Christopher Lawrence T. Go

asr-003988

mabuti, I'm sure

Senator Christopher Lawrence T. Go

asr-003989

talino ka naman po sa

Senator Christopher Lawrence T. Go

asr-003990

Matt, Secretary

Senator Christopher Lawrence T. Go

asr-003991

Frederico. Mat-talino ang mga go eh

Senator Christopher Lawrence T. Go

asr-003992

sa Matt.

Senator Christopher Lawrence T. Go

asr-003993

Makikita nyo naman po na

Senator Christopher Lawrence T. Go

asr-003994

halos zero po yung

Senator Christopher Lawrence T. Go

asr-003995

2024.

Senator Christopher Lawrence T. Go

asr-003996

Sipin nyo, 60 billion.

Senator Christopher Lawrence T. Go

asr-003997

61 billion yung budget nila.

Senator Christopher Lawrence T. Go

asr-003998

61.514 billion

Senator Christopher Lawrence T. Go

asr-003999

ang budget for 2024.

Senator Christopher Lawrence T. Go

asr-004000

Ang kinuha

Senator Christopher Lawrence T. Go

asr-004001

ng National Treasury

Senator Christopher Lawrence T. Go

asr-004002

ng

Senator Christopher Lawrence T. Go

asr-004003

60 billion. Halos

Senator Christopher Lawrence T. Go

asr-004004

wala nang budget for 2024.

Senator Christopher Lawrence T. Go

asr-004005

2025, zero

Senator Christopher Lawrence T. Go

asr-004006

ang inapurbahan ng Congress.

Senator Christopher Lawrence T. Go

asr-004007

So, double whammy po ito.

Senator Christopher Lawrence T. Go

asr-004008

Ilan po

Senator Christopher Lawrence T. Go

asr-004009

kayang pasyente ang makikinabang

Senator Christopher Lawrence T. Go

asr-004010

dito? Ilang buhay po kaya

Senator Christopher Lawrence T. Go

asr-004011

ang maisasalbar kung nagamit

Senator Christopher Lawrence T. Go

asr-004012

po yung pondo ng

Senator Christopher Lawrence T. Go

asr-004013

PhilHealth?

Senator Christopher Lawrence T. Go

asr-004014

Kawawa po yung mga Pilipino.

Senator Christopher Lawrence T. Go

asr-004015

Yung mga mahihirap nating kababayang

Senator Christopher Lawrence T. Go

asr-004016

Pilipino. So,

Senator Christopher Lawrence T. Go

asr-004017

salamat po sa PhilHealth. Salamat rin po

Senator Christopher Lawrence T. Go

asr-004018

sa inyong lahat na naibalik ito ngayong

Senator Christopher Lawrence T. Go

asr-004019

2026

Senator Christopher Lawrence T. Go

asr-004020

sa utos po ng Pangulong

Senator Christopher Lawrence T. Go

asr-004021

Marcos. And hopefully sa

Senator Christopher Lawrence T. Go

asr-004022

2027, pakibantayan nyo lang po

Senator Christopher Lawrence T. Go

asr-004023

ito na sana po

Senator Christopher Lawrence T. Go

asr-004024

according to

Senator Christopher Lawrence T. Go

asr-004025

itong syntax

Senator Christopher Lawrence T. Go

asr-004026

law na inapurbahan po natin dito

Senator Christopher Lawrence T. Go

asr-004027

sa Congress, kung ano yung nasa batas

Senator Christopher Lawrence T. Go

asr-004028

na 75.2 billion,

Senator Christopher Lawrence T. Go

asr-004029

yun rin po ang may bibigay

Senator Christopher Lawrence T. Go

asr-004030

sa PhilHealth. Of course,

Senator Christopher Lawrence T. Go

asr-004031

ang magbabantayan yan,

Senator Christopher Lawrence T. Go

asr-004032

ang champion po ng Universal

Senator Christopher Lawrence T. Go

asr-004033

Healthcare Law natin dito. Ito po

Senator Christopher Lawrence T. Go

asr-004034

yung ating chairperson.

Senator Christopher Lawrence T. Go

asr-004035

Timing po ito dahil

Senator Christopher Lawrence T. Go

asr-004036

yung UHC Law,

Senator Christopher Lawrence T. Go

asr-004037

siya po ang principal sponsor

Senator Christopher Lawrence T. Go

asr-004038

ng batas na yan. At

Senator Christopher Lawrence T. Go

asr-004039

kaya nga tayo inaprubahan

Senator Christopher Lawrence T. Go

asr-004040

dito sa syntax law, para

Senator Christopher Lawrence T. Go

asr-004041

kung ano yung intended na pondo po para

Senator Christopher Lawrence T. Go

asr-004042

sa PhilHealth, ay dapat po nasa PhilHealth.

Senator Christopher Lawrence T. Go

asr-004043

Gusto ko lang po i-share sa inyo kasi maring

Senator Christopher Lawrence T. Go

asr-004044

hindi nyo po ito napansin

Senator Christopher Lawrence T. Go

asr-004045

po, sir. Marami

Senator Christopher Lawrence T. Go

asr-004046

pong mapapakinabangan.

Senator Christopher Lawrence T. Go

asr-004047

Ang ating mga kababayan, lalong-lalo na po

Senator Christopher Lawrence T. Go

asr-004048

yung mga mahirap na wala pong ibang matakbuhan

Senator Christopher Lawrence T. Go

asr-004049

kung hindi tayo pong

Senator Christopher Lawrence T. Go

asr-004050

nasa gobyerno po.

Senator Christopher Lawrence T. Go

asr-004051

Importante rito yung proper

Senator Christopher Lawrence T. Go

asr-004052

earmarking po

Senator Christopher Lawrence T. Go

asr-004053

para sa PhilHealth

Senator Christopher Lawrence T. Go

asr-004054

dahil

Senator Christopher Lawrence T. Go

asr-004055

ang kalusugan po

Senator Christopher Lawrence T. Go

asr-004056

ng Pilipino ay katumbas yan ang buhay

Senator Christopher Lawrence T. Go

asr-004057

ng bawat Pilipino.

Senator Christopher Lawrence T. Go

asr-004058

For next year po itong

Senator Christopher Lawrence T. Go

asr-004059

74

Senator Christopher Lawrence T. Go

asr-004060

2027,

Senator Christopher Lawrence T. Go

asr-004061

74 billion po.

Senator Christopher Lawrence T. Go

asr-004062

So medyo nag-match na po siya.

Senator Christopher Lawrence T. Go

asr-004063

Next question lang po.

Senator Christopher Lawrence T. Go

asr-004064

I also filed a bill,

Senator Christopher Lawrence T. Go

asr-004065

Senate Bill 1849.

Senator Christopher Lawrence T. Go

asr-004066

Ito pong abolishing the

Senator Christopher Lawrence T. Go

asr-004067

travel tax.

Senator Christopher Lawrence T. Go

asr-004068

The government currently collects

Senator Christopher Lawrence T. Go

asr-004069

a 1,620

Senator Christopher Lawrence T. Go

asr-004070

travel tax from

Senator Christopher Lawrence T. Go

asr-004071

economy plus passengers

Senator Christopher Lawrence T. Go

asr-004072

departing the Philippines

Senator Christopher Lawrence T. Go

asr-004073

on international flights.

Senator Christopher Lawrence T. Go

asr-004074

Importante po pagkaanin,

Senator Christopher Lawrence T. Go

asr-004075

natin ang pasanin ng ating mga kababayan

Senator Christopher Lawrence T. Go

asr-004076

lalo na po yung mga Pilipinong

Senator Christopher Lawrence T. Go

asr-004077

gustong maglakbay.

Senator Christopher Lawrence T. Go

asr-004078

Travel tax has been

Senator Christopher Lawrence T. Go

asr-004079

an additional burden for travelers.

Senator Christopher Lawrence T. Go

asr-004080

Pero sa OFWs natin

Senator Christopher Lawrence T. Go

asr-004081

ang exempted naman po sila.

Senator Christopher Lawrence T. Go

asr-004082

For example, a family of four

Senator Christopher Lawrence T. Go

asr-004083

would pay a total of

Senator Christopher Lawrence T. Go

asr-004084

6,480 in travel tax.

Senator Christopher Lawrence T. Go

asr-004085

This amount could have been

Senator Christopher Lawrence T. Go

asr-004086

used instead for travel insurance,

Senator Christopher Lawrence T. Go

asr-004087

accommodations, or other

Senator Christopher Lawrence T. Go

asr-004088

family needs. This could make

Senator Christopher Lawrence T. Go

asr-004089

a difference in the quality of

Senator Christopher Lawrence T. Go

asr-004090

a Filipino family's

Senator Christopher Lawrence T. Go

asr-004091

travel experience.

Senator Christopher Lawrence T. Go

asr-004092

ano bang position ninyo dito

Senator Christopher Lawrence T. Go

asr-004093

Secretary Goh

Senator Christopher Lawrence T. Go

asr-004094

at before you answer that

Senator Christopher Lawrence T. Go

asr-004095

tulungan mo rin sana

Senator Christopher Lawrence T. Go

asr-004096

aside from this travel tax

Senator Christopher Lawrence T. Go

asr-004097

kung sakaling may isa batas ito

Senator Christopher Lawrence T. Go

asr-004098

kailangan mo nang sundin

Senator Christopher Lawrence T. Go

asr-004099

pero ano bang position ninyo dito

Senator Christopher Lawrence T. Go

asr-004100

at meron pong isa pa

Senator Christopher Lawrence T. Go

asr-004101

kahapon lang namin ito na-discuss

Senator Christopher Lawrence T. Go

asr-004102

na plano po ng

Senator Christopher Lawrence T. Go

asr-004103

itong Department of

Senator Christopher Lawrence T. Go

asr-004104

Foreign Affairs

Senator Christopher Lawrence T. Go

asr-004105

or through APO

Senator Christopher Lawrence T. Go

asr-004106

itong APO Production Unit

Senator Christopher Lawrence T. Go

asr-004107

na taasan po ang

Senator Christopher Lawrence T. Go

asr-004108

passport processing fee

Senator Christopher Lawrence T. Go

asr-004109

from 950 to 1,500

Senator Christopher Lawrence T. Go

asr-004110

mas lalo pong pabigat ito

Senator Christopher Lawrence T. Go

asr-004111

Secretary Goh

Senator Christopher Lawrence T. Go

asr-004112

dahil bawat piso, bawat sentimo

Senator Christopher Lawrence T. Go

asr-004113

ay napakahalaga po sa mga

Senator Christopher Lawrence T. Go

asr-004114

ordinaryong Pilipinas

Senator Christopher Lawrence T. Go

asr-004115

na nagta-travel po

Senator Christopher Lawrence T. Go

asr-004116

sa totoo lamang po

Senator Christopher Lawrence T. Go

asr-004117

mabigat po yung additional

Senator Christopher Lawrence T. Go

asr-004118

na passport processing fee

Senator Christopher Lawrence T. Go

asr-004119

kung sakaling i-increase nila ito

Senator Christopher Lawrence T. Go

asr-004120

kaya po, nakiusap nga po ako

Senator Christopher Lawrence T. Go

asr-004121

kahapon kay Secretary Kakdak

Senator Christopher Lawrence T. Go

asr-004122

at papakiusapan raw niya

Senator Christopher Lawrence T. Go

asr-004123

si Secretary

Senator Christopher Lawrence T. Go

asr-004124

Lazaro

Senator Christopher Lawrence T. Go

asr-004125

or ang Office of the President

Senator Christopher Lawrence T. Go

asr-004126

dahil itong GOCC na APO

Senator Christopher Lawrence T. Go

asr-004127

is under

Senator Christopher Lawrence T. Go

asr-004128

the

Senator Christopher Lawrence T. Go

asr-004129

GOCC

Senator Christopher Lawrence T. Go

asr-004130

or the

Senator Christopher Lawrence T. Go

asr-004131

OCC po ito

Senator Christopher Lawrence T. Go

asr-004132

under the Office of the President

Senator Christopher Lawrence T. Go

asr-004133

baka pwede niyo pong pagtulungan

Senator Christopher Lawrence T. Go

asr-004134

ni Secretary Kakdak

Senator Christopher Lawrence T. Go

asr-004135

Secretary Goh na

Senator Christopher Lawrence T. Go

asr-004136

huwag muna sanang mag-increase

Senator Christopher Lawrence T. Go

asr-004137

itong

Senator Christopher Lawrence T. Go

asr-004138

passport fee

Senator Christopher Lawrence T. Go

asr-004139

or passport processing fee

Senator Christopher Lawrence T. Go

asr-004140

yun lang, pakiuna

Senator Christopher Lawrence T. Go

asr-004141

pakisagot muna itong

Senator Christopher Lawrence T. Go

asr-004142

matulungan niyo ba kami and then

Senator Christopher Lawrence T. Go

asr-004143

puntahan po natin itong travel tax

DOF Secretary Frederick D. Go

asr-004144

Mr. Chair

DOF Secretary Frederick D. Go

asr-004145

una sa lahat gusto kong mag-

DOF Secretary Frederick D. Go

asr-004146

express ng aking lubos na

DOF Secretary Frederick D. Go

asr-004147

pagsasalamat kay Senator Bong Go

DOF Secretary Frederick D. Go

asr-004148

sa lahat ng

DOF Secretary Frederick D. Go

asr-004149

introduction nya

DOF Secretary Frederick D. Go

asr-004150

kanina nang sinabi nyong

DOF Secretary Frederick D. Go

asr-004151

support ninyo sa Department of Finance

DOF Secretary Frederick D. Go

asr-004152

maraming maraming salamat po

DOF Secretary Frederick D. Go

asr-004153

dun Senator Bong Go

DOF Secretary Frederick D. Go

asr-004154

at

DOF Secretary Frederick D. Go

asr-004155

second po

DOF Secretary Frederick D. Go

asr-004156

I completely recognized that you are the most

DOF Secretary Frederick D. Go

asr-004157

popular advocate of health

DOF Secretary Frederick D. Go

asr-004158

in the entire legislature

DOF Secretary Frederick D. Go

asr-004159

so I completely

DOF Secretary Frederick D. Go

asr-004160

sympathize and understand the concerns that you raised

DOF Secretary Frederick D. Go

asr-004161

regarding PhilHealth.

DOF Secretary Frederick D. Go

asr-004162

Third po,

DOF Secretary Frederick D. Go

asr-004163

since na-decision na po yan

DOF Secretary Frederick D. Go

asr-004164

ng Supreme Court,

DOF Secretary Frederick D. Go

asr-004165

I believe it will never happen again.

DOF Secretary Frederick D. Go

asr-004166

And if I may just say,

DOF Secretary Frederick D. Go

asr-004167

at least,

DOF Secretary Frederick D. Go

asr-004168

ang pagbalik ng 60 billion po

DOF Secretary Frederick D. Go

asr-004169

sa PhilHealth ay nangyari po

DOF Secretary Frederick D. Go

asr-004170

nung panahon ko na dito sa

DOF Secretary Frederick D. Go

asr-004171

Department of Finance.

DOF Secretary Frederick D. Go

asr-004172

Pangapat po,

DOF Secretary Frederick D. Go

asr-004173

ang may tutulong po nang namin sa inyo

DOF Secretary Frederick D. Go

asr-004174

dito sa earmarking

DOF Secretary Frederick D. Go

asr-004175

ay ang Department of Finance

DOF Secretary Frederick D. Go

asr-004176

can certify

DOF Secretary Frederick D. Go

asr-004177

the revenues generated

DOF Secretary Frederick D. Go

asr-004178

that are being earmarked for

DOF Secretary Frederick D. Go

asr-004179

PhilHealth.

DOF Secretary Frederick D. Go

asr-004180

Sa DBM na po yung ang pag-

DOF Secretary Frederick D. Go

asr-004181

finalize ng

DOF Secretary Frederick D. Go

asr-004182

National Expenditure Program.

DOF Secretary Frederick D. Go

asr-004183

Pero pwede po namin ibigay sa inyo

DOF Secretary Frederick D. Go

asr-004184

yung impormasyon kung ano talaga

DOF Secretary Frederick D. Go

asr-004185

ang revenues ng gobyerno

DOF Secretary Frederick D. Go

asr-004186

regarding SYNTAX.

DOF Secretary Frederick D. Go

asr-004187

For example,

DOF Secretary Frederick D. Go

asr-004188

Number five po,

DOF Secretary Frederick D. Go

asr-004189

supporta po kami sa pagtanggal

DOF Secretary Frederick D. Go

asr-004190

ng travel tax.

DOF Secretary Frederick D. Go

asr-004191

The Department of Finance has officially

DOF Secretary Frederick D. Go

asr-004192

transmitted our position

DOF Secretary Frederick D. Go

asr-004193

to the legislature,

DOF Secretary Frederick D. Go

asr-004194

including the Senate,

DOF Secretary Frederick D. Go

asr-004195

in the Senate hearing,

DOF Secretary Frederick D. Go

asr-004196

that we support the abolishment

DOF Secretary Frederick D. Go

asr-004197

of travel tax

DOF Secretary Frederick D. Go

asr-004198

for all the reasons

DOF Secretary Frederick D. Go

asr-004199

you mentioned earlier po.

Senator Christopher Lawrence T. Go

asr-004200

Promise, ha?

DOF Secretary Frederick D. Go

asr-004201

Yes, we support.

DOF Secretary Frederick D. Go

asr-004202

For the record,

DOF Secretary Frederick D. Go

asr-004203

the Department of Finance supports

DOF Secretary Frederick D. Go

asr-004204

the removal or

DOF Secretary Frederick D. Go

asr-004205

abolishing the travel tax.

Senator Christopher Lawrence T. Go

asr-004206

Salamat. Malaking bagay po yun

Senator Christopher Lawrence T. Go

asr-004207

dahil sabi ko nga,

Senator Christopher Lawrence T. Go

asr-004208

bawat piso, bawat sentimo po

Senator Christopher Lawrence T. Go

asr-004209

ay napakalaga sa ordinaryong

Senator Christopher Lawrence T. Go

asr-004210

Pilipino na

Senator Christopher Lawrence T. Go

asr-004211

nais rin pong makapag-travel.

Senator Christopher Lawrence T. Go

asr-004212

Going back to my,

Senator Christopher Lawrence T. Go

asr-004213

yung nabanggit ko kanina about the

Senator Christopher Lawrence T. Go

asr-004214

passport processing fee,

Senator Christopher Lawrence T. Go

asr-004215

baka matulungan nyo rin po na

Senator Christopher Lawrence T. Go

asr-004216

ipagpaliban muna at huwag mo nang

Senator Christopher Lawrence T. Go

asr-004217

i-increase ang

Senator Christopher Lawrence T. Go

asr-004218

itong passport processing fee.

Senator Christopher Lawrence T. Go

asr-004219

Mabigat po ito,

Senator Christopher Lawrence T. Go

asr-004220

Secretary Frederico.

DOF Secretary Frederick D. Go

asr-004221

Mr. Chair, Mr. Senator,

DOF Secretary Frederick D. Go

asr-004222

I'm a big believer that

DOF Secretary Frederick D. Go

asr-004223

that there are many

DOF Secretary Frederick D. Go

asr-004224

ways to become more efficient

DOF Secretary Frederick D. Go

asr-004225

in government, which is why po,

DOF Secretary Frederick D. Go

asr-004226

if you will allow me, I'm very proud of

DOF Secretary Frederick D. Go

asr-004227

some members here of my team,

DOF Secretary Frederick D. Go

asr-004228

like I want to mention, say the SEC.

DOF Secretary Frederick D. Go

asr-004229

Nung nababagay,

DOF Secretary Frederick D. Go

asr-004230

umupo po si Chairman Francis Lim.

DOF Secretary Frederick D. Go

asr-004231

We worked together

DOF Secretary Frederick D. Go

asr-004232

and we determined how we can actually

DOF Secretary Frederick D. Go

asr-004233

reduce fees.

DOF Secretary Frederick D. Go

asr-004234

So the registration of

DOF Secretary Frederick D. Go

asr-004235

MSMEs at the SEC,

DOF Secretary Frederick D. Go

asr-004236

we reduced the fees.

DOF Secretary Frederick D. Go

asr-004237

Binaba po natin yung fees.

DOF Secretary Frederick D. Go

asr-004238

Kaya siguro yung mga tao, sanay na sanay na

DOF Secretary Frederick D. Go

asr-004239

nasa gobyerno, every year

DOF Secretary Frederick D. Go

asr-004240

or every two years, every three years,

DOF Secretary Frederick D. Go

asr-004241

nagtataas tayo ng fees.

DOF Secretary Frederick D. Go

asr-004242

Kung hindi naman kailangan,

DOF Secretary Frederick D. Go

asr-004243

bakit pa tayo mag-i-increase

DOF Secretary Frederick D. Go

asr-004244

ng fees?

DOF Secretary Frederick D. Go

asr-004245

Dito rin po sa Bureau of Customs,

DOF Secretary Frederick D. Go

asr-004246

dati po yung accreditation ng

DOF Secretary Frederick D. Go

asr-004247

Customs Brokers,

DOF Secretary Frederick D. Go

asr-004248

annual po yun. Every year,

DOF Secretary Frederick D. Go

asr-004249

so talagang

DOF Secretary Frederick D. Go

asr-004250

maraming trabaho yan eh.

DOF Secretary Frederick D. Go

asr-004251

Pag re-renew ng yung lisensya

DOF Secretary Frederick D. Go

asr-004252

at every year magbabayad ka po ng

DOF Secretary Frederick D. Go

asr-004253

Brokers Accreditation Fee.

DOF Secretary Frederick D. Go

asr-004254

Ang ginawa po namin dyan, every

DOF Secretary Frederick D. Go

asr-004255

three years na. Tapos,

DOF Secretary Frederick D. Go

asr-004256

ang equivalent ng babayaran mong

DOF Secretary Frederick D. Go

asr-004257

fees, binawasan pa namin.

DOF Secretary Frederick D. Go

asr-004258

So ngayon,

DOF Secretary Frederick D. Go

asr-004259

hindi ka na ma-madidistribute

DOF Secretary Frederick D. Go

asr-004260

Torbo, every year, pangalawa,

DOF Secretary Frederick D. Go

asr-004261

mas mura pa ang pag-accredit

DOF Secretary Frederick D. Go

asr-004262

ng Brokers Fees.

DOF Secretary Frederick D. Go

asr-004263

Kaya po, I'm

DOF Secretary Frederick D. Go

asr-004264

quite proud na

DOF Secretary Frederick D. Go

asr-004265

dito kami sa DOF

DOF Secretary Frederick D. Go

asr-004266

at yung family namin.

DOF Secretary Frederick D. Go

asr-004267

Naghanap kami ng mga paraan

DOF Secretary Frederick D. Go

asr-004268

kung paano maibaba ang cost

DOF Secretary Frederick D. Go

asr-004269

of transacting

DOF Secretary Frederick D. Go

asr-004270

with the government. Sa land bank po,

DOF Secretary Frederick D. Go

asr-004271

kung pwede ko lang banggitin,

DOF Secretary Frederick D. Go

asr-004272

Mr. Chair, Mr. Senator,

DOF Secretary Frederick D. Go

asr-004273

tayo po ang nag-umpisa noong

DOF Secretary Frederick D. Go

asr-004274

May of this year.

DOF Secretary Frederick D. Go

asr-004275

Nabi ko sa land bank, bakit kapag nagpapadala

DOF Secretary Frederick D. Go

asr-004276

ka ng pera sa

DOF Secretary Frederick D. Go

asr-004277

Instapay or Banknet, ang charges

DOF Secretary Frederick D. Go

asr-004278

10 pesos, 20 pesos, 30 pesos.

DOF Secretary Frederick D. Go

asr-004279

So kinausap ko sa land bank kung

DOF Secretary Frederick D. Go

asr-004280

pwede nating babaan yan. So nagbaba

DOF Secretary Frederick D. Go

asr-004281

po kami sa land bank from 15 pesos

DOF Secretary Frederick D. Go

asr-004282

to 8 pesos

DOF Secretary Frederick D. Go

asr-004283

ang transaction fee. Ngayon po,

DOF Secretary Frederick D. Go

asr-004284

in September,

DOF Secretary Frederick D. Go

asr-004285

the top 10 banks in the Philippines

DOF Secretary Frederick D. Go

asr-004286

do not charge for

DOF Secretary Frederick D. Go

asr-004287

any digital transaction po.

DOF Secretary Frederick D. Go

asr-004288

The banks, ha?

Senator Christopher Lawrence T. Go

asr-004289

Ibig mo sabihin,

Senator Christopher Lawrence T. Go

asr-004290

you are keen on reducing

Senator Christopher Lawrence T. Go

asr-004291

fees.

DOF Secretary Frederick D. Go

asr-004291-split-2

Yes, sir.

Senator Christopher Lawrence T. Go

asr-004292

And mas streamlined

Senator Christopher Lawrence T. Go

asr-004293

processes, yun ang gusto mo.

Senator Christopher Lawrence T. Go

asr-004294

So salamat po.

Senator Christopher Lawrence T. Go

asr-004295

At ibig sabihin,

Senator Christopher Lawrence T. Go

asr-004296

supportado mo rin po na huwag magtaas

Senator Christopher Lawrence T. Go

asr-004297

ng passport

Senator Christopher Lawrence T. Go

asr-004298

processing fee. Am I correct?

DOF Secretary Frederick D. Go

asr-004299

If I may just qualify that

DOF Secretary Frederick D. Go

asr-004300

I have not talked to them, so I do not

DOF Secretary Frederick D. Go

asr-004301

know why they're increasing fees.

DOF Secretary Frederick D. Go

asr-004302

But I believe that there are a lot

DOF Secretary Frederick D. Go

asr-004303

of inefficiencies that can

DOF Secretary Frederick D. Go

asr-004304

be improved. At kung maka-improve

DOF Secretary Frederick D. Go

asr-004305

ka na efficiency, dapat magbawas ka pa nga

DOF Secretary Frederick D. Go

asr-004306

ng charges.

Senator Christopher Lawrence T. Go

asr-004307

I-suggest mo sa kanila, Sekretary, ha?

DOF Secretary Frederick D. Go

asr-004308

Hindi ko pa nakikita.

Senator Joseph Victor "JV" G. Ejercito

asr-004309

Baka pwede mong kausapin sila,

Senator Joseph Victor "JV" G. Ejercito

asr-004310

Sekretary Frederico. Actually, if I may

Senator Joseph Victor "JV" G. Ejercito

asr-004311

interject, I think it's more

Senator Joseph Victor "JV" G. Ejercito

asr-004312

of an issue. It is

Senator Joseph Victor "JV" G. Ejercito

asr-004313

cost of production.

Senator Joseph Victor "JV" G. Ejercito

asr-004314

It's APO that wrote

Senator Joseph Victor "JV" G. Ejercito

asr-004315

this committee and the DFA

Senator Joseph Victor "JV" G. Ejercito

asr-004316

that they can no longer

Senator Joseph Victor "JV" G. Ejercito

asr-004317

ang problema, baka mag-stop sila ng production

Senator Joseph Victor "JV" G. Ejercito

asr-004318

next year if they don't increase.

Senator Joseph Victor "JV" G. Ejercito

asr-004319

So yun yung ayaw natin na magmulat

Senator Joseph Victor "JV" G. Ejercito

asr-004320

wala tayo ng passports because more

Senator Joseph Victor "JV" G. Ejercito

asr-004321

OFWs will be affected.

Senator Joseph Victor "JV" G. Ejercito

asr-004322

Kaya nga, of course, tama yung

Senator Joseph Victor "JV" G. Ejercito

asr-004323

sinasabing sa Bongo, we do not want

Senator Joseph Victor "JV" G. Ejercito

asr-004324

additional burden lalo sa OFWs

Senator Joseph Victor "JV" G. Ejercito

asr-004325

natin. Yung 950 to

Senator Joseph Victor "JV" G. Ejercito

asr-004326

1.5 na proposal, it's too much.

Senator Joseph Victor "JV" G. Ejercito

asr-004327

But that's why we asked

Senator Joseph Victor "JV" G. Ejercito

asr-004328

the Department of Foreign Affairs

Senator Joseph Victor "JV" G. Ejercito

asr-004329

to resolve this issue.

Senator Joseph Victor "JV" G. Ejercito

asr-004330

Kung pwedeng

Senator Joseph Victor "JV" G. Ejercito

asr-004331

may ayos. Kasi 10 years na raw

Senator Joseph Victor "JV" G. Ejercito

asr-004332

yata silang hindi nakapag-increase. So

Senator Joseph Victor "JV" G. Ejercito

asr-004333

we're hoping that we can have

Senator Joseph Victor "JV" G. Ejercito

asr-004334

a solution to this problem.

Senator Joseph Victor "JV" G. Ejercito

asr-004335

Kasi we do not want the OFWs to be

Senator Joseph Victor "JV" G. Ejercito

asr-004336

burdened as well with this increase.

Senator Joseph Victor "JV" G. Ejercito

asr-004337

We're not sure that we will

Senator Joseph Victor "JV" G. Ejercito

asr-004338

do our part as well.

Senator Christopher Lawrence T. Go

asr-004339

Maalalan nyo po,

Senator Christopher Lawrence T. Go

asr-004340

Mr. Chair, Secretary Goh,

Senator Christopher Lawrence T. Go

asr-004341

maalalan nyo na

Senator Christopher Lawrence T. Go

asr-004342

yung

Senator Christopher Lawrence T. Go

asr-004343

validity ng passport

Senator Christopher Lawrence T. Go

asr-004344

nung panahon ni former President Duterte

Senator Christopher Lawrence T. Go

asr-004345

from 5 years, ginawa po

Senator Christopher Lawrence T. Go

asr-004346

nating 10 years.

Senator Christopher Lawrence T. Go

asr-004347

In line po yun sa yung

Senator Christopher Lawrence T. Go

asr-004348

streamlining processes,

Senator Christopher Lawrence T. Go

asr-004349

huwag pahirapan yung mga kababayan natin,

Senator Christopher Lawrence T. Go

asr-004350

napaulit, pabalik-balik silang

Senator Christopher Lawrence T. Go

asr-004351

mag-renew, haba ng pila.

Senator Christopher Lawrence T. Go

asr-004352

And then, ito lang po,

Senator Christopher Lawrence T. Go

asr-004353

since nabanggit nyo kanina,

Senator Christopher Lawrence T. Go

asr-004354

yun naman po ang iyong ginagawa,

Senator Christopher Lawrence T. Go

asr-004355

nire-reduce

Senator Christopher Lawrence T. Go

asr-004356

yung presyo,

Senator Christopher Lawrence T. Go

asr-004357

pinapatagal yung validity, huwag pahirapan

Senator Christopher Lawrence T. Go

asr-004358

yung mga kababayan natin.

Senator Christopher Lawrence T. Go

asr-004359

Baka, supportahan nyo po itong

Senator Christopher Lawrence T. Go

asr-004360

you may suggest naman

Senator Christopher Lawrence T. Go

asr-004361

siguro with your

Senator Christopher Lawrence T. Go

asr-004362

fellow Cabinet

Senator Christopher Lawrence T. Go

asr-004363

Secretary na huwag

Senator Christopher Lawrence T. Go

asr-004364

naman sana dahil hirap po ang

Senator Christopher Lawrence T. Go

asr-004365

ating mga kababayan ngayon.

Senator Christopher Lawrence T. Go

asr-004366

At sabi ko nga, bawat piso, bawat

Senator Christopher Lawrence T. Go

asr-004367

sentimo ay napakalaga

Senator Christopher Lawrence T. Go

asr-004368

sa ating mga kababayang

Senator Christopher Lawrence T. Go

asr-004369

mahihirap po, na wala pong

Senator Christopher Lawrence T. Go

asr-004370

pambayad, lalong-lalo na po yung

Senator Christopher Lawrence T. Go

asr-004371

mga isang kahig, isang tuka natin mga kababayan

Senator Christopher Lawrence T. Go

asr-004372

na hirap pong magbayad. At ang

Senator Christopher Lawrence T. Go

asr-004373

makikinabang po dito, yung mga OFWs

Senator Christopher Lawrence T. Go

asr-004374

natin, na halos

Senator Christopher Lawrence T. Go

asr-004375

wala hong

Senator Christopher Lawrence T. Go

asr-004376

pangbayad na

Senator Christopher Lawrence T. Go

asr-004377

pang-apply

Senator Christopher Lawrence T. Go

asr-004378

ng passport. Yung iba, hirap rin po

Senator Christopher Lawrence T. Go

asr-004379

sa kanilang mga placement fee.

Senator Christopher Lawrence T. Go

asr-004380

Nag-trabaho sila sa abroad. Malaking

Senator Christopher Lawrence T. Go

asr-004381

bagay po ito sa kanila na hindi

Senator Christopher Lawrence T. Go

asr-004382

muna ma-increase. Pakitulong naman

Senator Christopher Lawrence T. Go

asr-004383

po, Secretary Godel.

Senator Christopher Lawrence T. Go

asr-004384

Narinig ko rin po kanina

Senator Christopher Lawrence T. Go

asr-004385

yung inyong pulisiya ngayon.

Senator Christopher Lawrence T. Go

asr-004386

So proud sa mga iba't-ibang agency

Senator Christopher Lawrence T. Go

asr-004387

sa mga ginagawa niyo po.

DOF Secretary Frederick D. Go

asr-004388

Your Honor, base sa lahat

DOF Secretary Frederick D. Go

asr-004389

ng sinabi niyo, I promise

DOF Secretary Frederick D. Go

asr-004390

to communicate with the

DOF Secretary Frederick D. Go

asr-004391

Secretary of Foreign Affairs

DOF Secretary Frederick D. Go

asr-004392

to see kung anong magagawa

DOF Secretary Frederick D. Go

asr-004393

po tungkol dito. Salamat.

Senator Christopher Lawrence T. Go

asr-004394

Malaking bagay po yun.

Senator Christopher Lawrence T. Go

asr-004395

Anyway,

Senator Christopher Lawrence T. Go

asr-004396

ngayong araw po

Senator Christopher Lawrence T. Go

asr-004397

ay magtataas na naman po

Senator Christopher Lawrence T. Go

asr-004398

ang presyo ng gasolina at diesel.

Senator Christopher Lawrence T. Go

asr-004399

Gasoline will have an increase of

Senator Christopher Lawrence T. Go

asr-004400

4.8 per liter

Senator Christopher Lawrence T. Go

asr-004401

and 4 peso and

Senator Christopher Lawrence T. Go

asr-004402

88 centavos per liter. And diesel

Senator Christopher Lawrence T. Go

asr-004403

will have an increase of 8 pesos

Senator Christopher Lawrence T. Go

asr-004404

and 82 centavos per liter.

Senator Christopher Lawrence T. Go

asr-004405

Panibagong pahirap

Senator Christopher Lawrence T. Go

asr-004406

naman po ito sa ating mga

Senator Christopher Lawrence T. Go

asr-004407

chupers, drivers natin.

Senator Christopher Lawrence T. Go

asr-004408

Apektado po sila sa presyo ng bilihin.

Senator Christopher Lawrence T. Go

asr-004409

Nagpasa po tayo ng

Senator Christopher Lawrence T. Go

asr-004410

batas dito sa Senado, itong

Senator Christopher Lawrence T. Go

asr-004411

Republic Act 12316

Senator Christopher Lawrence T. Go

asr-004412

authorizing the President to suspend

Senator Christopher Lawrence T. Go

asr-004413

the imposition of excise taxes

Senator Christopher Lawrence T. Go

asr-004414

on diesel and gasoline. Ngunit hanggang sa ngayon

Senator Christopher Lawrence T. Go

asr-004415

po, hindi po ito

Senator Christopher Lawrence T. Go

asr-004416

inirekomenda ng

Senator Christopher Lawrence T. Go

asr-004417

DOF. I reiterate

Senator Christopher Lawrence T. Go

asr-004418

my call to already include the suspension

Senator Christopher Lawrence T. Go

asr-004419

of excise tax on diesel and gasoline.

Senator Christopher Lawrence T. Go

asr-004420

Diesel po yung pangunahing

Senator Christopher Lawrence T. Go

asr-004421

ginagamit ng ating mga kababayan,

Senator Christopher Lawrence T. Go

asr-004422

lalo na po sa transport workers

Senator Christopher Lawrence T. Go

asr-004423

at agricultural workers.

Senator Christopher Lawrence T. Go

asr-004424

Ang importante dito ay maibsan kahit pa pano

Senator Christopher Lawrence T. Go

asr-004425

kasanin ng ating mga kababayan

Senator Christopher Lawrence T. Go

asr-004426

kung hindi pa nga lahat ng

Senator Christopher Lawrence T. Go

asr-004427

beneficiaries nakakatanggap ng

Senator Christopher Lawrence T. Go

asr-004428

subsidy mula sa gobyerno,

Senator Christopher Lawrence T. Go

asr-004429

bakit hindi pa suspindihin itong excise tax

Senator Christopher Lawrence T. Go

asr-004430

para lahat po'y makinabang.

Senator Christopher Lawrence T. Go

asr-004431

Pag-aralan din po dapat

Senator Christopher Lawrence T. Go

asr-004432

ang pag-suspindi pansamantala

Senator Christopher Lawrence T. Go

asr-004433

ng VAT sa oil products, electricity

Senator Christopher Lawrence T. Go

asr-004434

at basic goods. Malaki po

Senator Christopher Lawrence T. Go

asr-004435

malaki man ang

Senator Christopher Lawrence T. Go

asr-004436

mawawalang koleksyon ng gobyerno,

Senator Christopher Lawrence T. Go

asr-004437

direkta naman po itong mga katulong sa

Senator Christopher Lawrence T. Go

asr-004438

Pilipino, imbis na mawala

Senator Christopher Lawrence T. Go

asr-004439

lang po sa korupsyon.

Senator Christopher Lawrence T. Go

asr-004440

Malaking tulong

Senator Christopher Lawrence T. Go

asr-004441

po ito sa ating mga kababayan

Senator Christopher Lawrence T. Go

asr-004442

na sekretary Igo,

Senator Christopher Lawrence T. Go

asr-004443

kesa naman

Senator Christopher Lawrence T. Go

asr-004444

mapunta lang po sa korupsyon.

Senator Christopher Lawrence T. Go

asr-004445

Baka

Senator Christopher Lawrence T. Go

asr-004446

pag-aralan niyong mabuti itong

Senator Christopher Lawrence T. Go

asr-004447

pagsamantalang

Senator Christopher Lawrence T. Go

asr-004448

suspension ng VAT sa mga

Senator Christopher Lawrence T. Go

asr-004449

oil products.

Senator Christopher Lawrence T. Go

asr-004450

You may answer po.

DOF Secretary Frederick D. Go

asr-004451

Your Honor,

DOF Secretary Frederick D. Go

asr-004452

actually,

DOF Secretary Frederick D. Go

asr-004453

kanina mga 15 minutes ago,

DOF Secretary Frederick D. Go

asr-004454

pumipirma ako dito,

DOF Secretary Frederick D. Go

asr-004455

pinirmahan ko yung resolution

DOF Secretary Frederick D. Go

asr-004456

to remove excise taxes on

DOF Secretary Frederick D. Go

asr-004457

LPG and kerosene,

DOF Secretary Frederick D. Go

asr-004458

which is

DOF Secretary Frederick D. Go

asr-004459

very similar to what we did

DOF Secretary Frederick D. Go

asr-004460

in the first round of the

DOF Secretary Frederick D. Go

asr-004461

Middle East War.

DOF Secretary Frederick D. Go

asr-004462

So, pinirmahan ko na po,

DOF Secretary Frederick D. Go

asr-004463

matagal ko na po yan,

DOF Secretary Frederick D. Go

asr-004464

fina-follow up eh, kasi matagal ko

DOF Secretary Frederick D. Go

asr-004465

nang alam, tumaas ang presyo

DOF Secretary Frederick D. Go

asr-004466

ng langis, over $80

DOF Secretary Frederick D. Go

asr-004467

a barrel, kaya hinahanap ko po

DOF Secretary Frederick D. Go

asr-004468

yung memo na yan. Kanina lang po,

DOF Secretary Frederick D. Go

asr-004469

umabot sa akin, pinirmahan ko agad-agad.

DOF Secretary Frederick D. Go

asr-004470

Tungkol po sa

DOF Secretary Frederick D. Go

asr-004471

LPG at kerosene po yan,

DOF Secretary Frederick D. Go

asr-004472

tungkol po sa diesel

DOF Secretary Frederick D. Go

asr-004473

at gasolina,

DOF Secretary Frederick D. Go

asr-004474

ang conclusion po

DOF Secretary Frederick D. Go

asr-004475

ng DBCC, nung una

DOF Secretary Frederick D. Go

asr-004476

namin itong pinag-usapan,

DOF Secretary Frederick D. Go

asr-004477

ay number one,

DOF Secretary Frederick D. Go

asr-004478

if you remove taxes

DOF Secretary Frederick D. Go

asr-004479

on diesel and gasoline,

DOF Secretary Frederick D. Go

asr-004480

it will not be progressive.

DOF Secretary Frederick D. Go

asr-004481

Ibig sabihin po nito,

DOF Secretary Frederick D. Go

asr-004482

yung theory po na,

DOF Secretary Frederick D. Go

asr-004483

pinarating sa amin ng mga ekonomista

DOF Secretary Frederick D. Go

asr-004484

ay, ang mga mayayaman

DOF Secretary Frederick D. Go

asr-004485

ang pinakamalakas gumamit

DOF Secretary Frederick D. Go

asr-004486

ng diesel at

DOF Secretary Frederick D. Go

asr-004487

gasolina. At kung

DOF Secretary Frederick D. Go

asr-004488

tinanggal po natin ang taxes

DOF Secretary Frederick D. Go

asr-004489

sa lahat,

DOF Secretary Frederick D. Go

asr-004490

ang mas makikinabang

DOF Secretary Frederick D. Go

asr-004491

po dito ay yung mga mayayaman

DOF Secretary Frederick D. Go

asr-004492

kasi sila po yung malakas gumamit

DOF Secretary Frederick D. Go

asr-004493

ng diesel at gasolina.

DOF Secretary Frederick D. Go

asr-004494

So, naisip namin

DOF Secretary Frederick D. Go

asr-004495

for that point

DOF Secretary Frederick D. Go

asr-004496

is to keep the taxes and instead

DOF Secretary Frederick D. Go

asr-004497

do a target

DOF Secretary Frederick D. Go

asr-004498

subsidy to the vulnerable

DOF Secretary Frederick D. Go

asr-004499

sectors. Yan po yung ginawa ng

DOF Secretary Frederick D. Go

asr-004500

uplift committee na

DOF Secretary Frederick D. Go

asr-004501

nag-determine po sila

DOF Secretary Frederick D. Go

asr-004502

kung saan magbibigay ng tulong at ayuda

DOF Secretary Frederick D. Go

asr-004503

sa mga pinakamahirap,

DOF Secretary Frederick D. Go

asr-004504

sa mga transport drivers,

DOF Secretary Frederick D. Go

asr-004505

sa mga farmers at sa mga fisher folk.

DOF Secretary Frederick D. Go

asr-004506

Yan po yung

DOF Secretary Frederick D. Go

asr-004507

one and two

DOF Secretary Frederick D. Go

asr-004508

na naisip ng

DOF Secretary Frederick D. Go

asr-004509

DBCC. Pangalawa po,

DOF Secretary Frederick D. Go

asr-004510

ang pangalawang

DOF Secretary Frederick D. Go

asr-004511

punto po ay kung tinanggal

DOF Secretary Frederick D. Go

asr-004512

ang

DOF Secretary Frederick D. Go

asr-004513

taxes ng diesel at gasolina

DOF Secretary Frederick D. Go

asr-004514

ay ang mawawala

DOF Secretary Frederick D. Go

asr-004515

pong collection ng gobyerno

DOF Secretary Frederick D. Go

asr-004516

is approximately 12

DOF Secretary Frederick D. Go

asr-004517

billion a month.

DOF Secretary Frederick D. Go

asr-004518

Yeah, it's approximately

DOF Secretary Frederick D. Go

asr-004519

12 billion a month kung matanggal.

DOF Secretary Frederick D. Go

asr-004520

Ang posisyon ko naman po as

DOF Secretary Frederick D. Go

asr-004521

DOF Secretary ever since

DOF Secretary Frederick D. Go

asr-004522

I'm very consistent po.

DOF Secretary Frederick D. Go

asr-004523

I am not opposed

DOF Secretary Frederick D. Go

asr-004524

to any revenue

DOF Secretary Frederick D. Go

asr-004525

reduction measure.

DOF Secretary Frederick D. Go

asr-004526

As long as there is a

DOF Secretary Frederick D. Go

asr-004527

corresponding

DOF Secretary Frederick D. Go

asr-004528

revenue enhancement

DOF Secretary Frederick D. Go

asr-004529

measure.

DOF Secretary Frederick D. Go

asr-004530

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.

DOF Secretary Frederick D. Go

asr-004531

And third po is what I mentioned earlier, yung targeted subsidy to the vulnerable sectors. Thank you.

Senator Christopher Lawrence T. Go

asr-004532

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.

Senator Christopher Lawrence T. Go

asr-004533

We load the DOF and the BIR on this move dahil na rin po sa hirap.

Senator Christopher Lawrence T. Go

asr-004534

At ng buhay ngayon, Mr. Chair, marami po sa ating mga kababayan ang dumadaing dahil sa pagtaas ng kanilang electric bills.

Senator Christopher Lawrence T. Go

asr-004535

Patuloy rin po ang ating panawagan, natanggalin na lang po ang system loss.

Senator Christopher Lawrence T. Go

asr-004536

According to reports, system loss accounts for around 5% of consumers' monthly electricity bills.

Senator Christopher Lawrence T. Go

asr-004537

Kung ang isang pamilya po ay nagbabayad ng 4,000 kada buwan sa kuryente, nasa halos 200 po agad ang napupunta sa system loss.

Senator Christopher Lawrence T. Go

asr-004538

Buwan-buwan po ito.

Senator Christopher Lawrence T. Go

asr-004539

At sa totoo lamang po,

Senator Christopher Lawrence T. Go

asr-004540

sa ordinaryong Pilipino na nagbabayad po ng bill,

Senator Christopher Lawrence T. Go

asr-004541

minsan nga hindi nila alam ano ba itong system loss na kanilang binabayaran pa.

Senator Christopher Lawrence T. Go

asr-004542

Kaya kaisa tayo sa panawagan, lalo na ng mga Pilipinong nahirapan po sa dami ng gastusin,

Senator Christopher Lawrence T. Go

asr-004543

ang system loss ay hindi dapat sinasalo ng mga customer ng electric distributors.

Senator Christopher Lawrence T. Go

asr-004544

Ang system loss ay hindi dapat customer's loss.

Senator Christopher Lawrence T. Go

asr-004545

Kung ang system loss ay bunga ng nakaw na kuryente,

Senator Christopher Lawrence T. Go

asr-004546

bakit po ang tapat na nagbabayad ng kanilang bill ang sumasalo ng gastos?

Senator Christopher Lawrence T. Go

asr-004547

Hindi ba dapat ang distribution utility ang may kakayahang pigilan po ang illegal connections?

Senator Christopher Lawrence T. Go

asr-004548

At nag-file po tayo ng Senate Bill 2360 na naglalayong matanggal ang value-added tax o VAT sa mga additional charges na ito.

Senator Christopher Lawrence T. Go

asr-004549

Also filed Senate Bill 2383 seeking to prohibit distribution utilities and electric cooperatives

Senator Christopher Lawrence T. Go

asr-004550

from passing.

Senator Christopher Lawrence T. Go

asr-004551

system loss charges on to electric city.

Senator Christopher Lawrence T. Go

asr-004552

Ito po yung Senate Bill 2383 seeking to prohibit distribution utilities and electric cooperatives

Senator Christopher Lawrence T. Go

asr-004553

from passing system loss charges on to electricity consumers po.

Senator Christopher Lawrence T. Go

asr-004554

Secretary ko.

DOF Secretary Frederick D. Go

asr-004555

Your Honor, Mr. Chair.

DOF Secretary Frederick D. Go

asr-004556

Tama po yan.

DOF Secretary Frederick D. Go

asr-004557

Nauna na po ang DOF at ang Bureau of Internal Revenue sa pagbibigay.

DOF Secretary Frederick D. Go

asr-004558

Sa pagtanggal ng VAT on systems loss.

DOF Secretary Frederick D. Go

asr-004559

Napakabilis po kami nag-action dyan nung natanggap namin ng instructions on that matter.

DOF Secretary Frederick D. Go

asr-004560

However, Your Honor, on systems loss, I think the proper department is the DOE and the ERC.

DOF Secretary Frederick D. Go

asr-004561

Hindi po kami...

DOF Secretary Frederick D. Go

asr-004562

Kasali dyan sa discussion on systems loss whatsoever except when it comes to VAT, which

DOF Secretary Frederick D. Go

asr-004563

I believe as I mentioned earlier, we acted very fast, very quickly, and removed VAT on

DOF Secretary Frederick D. Go

asr-004564

systems loss just last month.

Senator Christopher Lawrence T. Go

asr-004565

Mr. Chair, on another topic lang po.

Senator Christopher Lawrence T. Go

asr-004566

May kli lang po ito.

Senator Christopher Lawrence T. Go

asr-004567

Alam nun naman po natin ang micro, small, and medium enterprises or MSMEs.

Senator Christopher Lawrence T. Go

asr-004568

Ito po yung maliliit na negosyo ay mahalagang bahagi po ng ating ekonomiya.

Senator Christopher Lawrence T. Go

asr-004569

Alam nyo po yun, lalong-lalo na po si Secretary Igo na mula sa business sector po.

Senator Christopher Lawrence T. Go

asr-004570

Bago ka pumasok sa gobyerno, may ka pong natulungan ng mga maliliit na negosyante noon.

Senator Christopher Lawrence T. Go

asr-004571

Ito pong MSMEs, they provide jobs, livelihood, and opportunities to many of our kababayan.

Senator Christopher Lawrence T. Go

asr-004572

Ngunit sa kabila ng kanilang mahalagang papel,

Senator Christopher Lawrence T. Go

asr-004573

sila pong madalas na nakakarana.

Senator Christopher Lawrence T. Go

asr-004574

Sila pong madalas po ng mabigat na requirements at bayarin mula sa iba't-ibang ahensya na gobyerno.

Senator Christopher Lawrence T. Go

asr-004575

At nabanggit nyo po kanina na yun po yung ginagawa ninyo,

Senator Christopher Lawrence T. Go

asr-004576

streamlining processes, reduced fees.

Senator Christopher Lawrence T. Go

asr-004577

At kung maalala nyo po, during the time of former President Duterte,

Senator Christopher Lawrence T. Go

asr-004578

he signed into law Republic Act 11032.

Senator Christopher Lawrence T. Go

asr-004579

Ito po yung Ease of Doing Business Act to Reduce Red Tape in Government Services.

Senator Christopher Lawrence T. Go

asr-004580

Sana po yung mapagaan din natin ang mga obligasyon at pasanin ng ating mga MSMEs

Senator Christopher Lawrence T. Go

asr-004581

Ito po yung mga maliliit na negosyante.

Senator Christopher Lawrence T. Go

asr-004582

Malaking tulong po ito sa kanila.

Senator Christopher Lawrence T. Go

asr-004583

Dapat po yung maturuan sila ng tamang proseso para mainganyo ang ating mga kababayan na magnegosyo.

Senator Christopher Lawrence T. Go

asr-004584

To the DOF and BIR, what are your efforts in simplifying procedures and tax obligations of MSMEs?

Senator Joseph Victor "JV" G. Ejercito

asr-004585

Please, BIR, Commissioner Mendoza, please answer the query.

BIR Commissioner Charlito Martin R. Mendoza

asr-004586

Good afternoon, Mr. Chair, Senator Goh.

BIR Commissioner Charlito Martin R. Mendoza

asr-004587

Nauunawaan po namin na bagamat ang principal na mandate po ng Bureau of Internal Revenue

BIR Commissioner Charlito Martin R. Mendoza

asr-004588

is manglekta ng buwis upang matustusan natin ang mga pangangailangan ng gobyerno.

BIR Commissioner Charlito Martin R. Mendoza

asr-004589

But at the same time, we have the equally important mandate of helping in making doing business in the Philippines much easier.

BIR Commissioner Charlito Martin R. Mendoza

asr-004590

Kaya yan rin po ay isa sa mga prioridad po ng kasalukuyang administrasyon.

BIR Commissioner Charlito Martin R. Mendoza

asr-004591

Patungkol po sa mga micro and small entrepreneurs natin,

BIR Commissioner Charlito Martin R. Mendoza

asr-004592

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.

BIR Commissioner Charlito Martin R. Mendoza

asr-004593

Ang mga microtax payers po ay ito po yung ang gross sales sa isang taon ay hindi lumalampas sa 3 million pesos.

BIR Commissioner Charlito Martin R. Mendoza

asr-004594

At karaniwan po ay sila ang maraming halimbawa open cases sa BIR, hindi sila nakakapag-file ng returns,

BIR Commissioner Charlito Martin R. Mendoza

asr-004595

nagsara na sila, subalit hindi nila alam na kinakailangan din nilang formally na magsara sa BIR.

BIR Commissioner Charlito Martin R. Mendoza

asr-004596

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.

BIR Commissioner Charlito Martin R. Mendoza

asr-004597

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.

BIR Commissioner Charlito Martin R. Mendoza

asr-004598

Sabi natin kung merong ease of doing business, meron din dapat ease of closing business.

BIR Commissioner Charlito Martin R. Mendoza

asr-004599

Sapagkat dati-dati po magsasara ka na ng negosyo, maaring nalugi ka pero mahihirapan ka pang magsara.

BIR Commissioner Charlito Martin R. Mendoza

asr-004600

Sapagkat napakaraming requirements na hinihingi at yan po ay nilimitahan na lamang po natin ang requirements.

BIR Commissioner Charlito Martin R. Mendoza

asr-004601

At ang isa pong malaking tulong na ginawa natin para sa ating mga maliliit na negosyo, yung ating mga micro-entrepreneurs.

BIR Commissioner Charlito Martin R. Mendoza

asr-004602

Dati-dati po kung magsasara ang negosyo, meron po kasi tayong tinatawag na mandatory audit before natin sila bigyan ng clearance to check.

BIR Commissioner Charlito Martin R. Mendoza

asr-004603

Na wala po talaga silang paglabag sa ating mga tax regulations.

BIR Commissioner Charlito Martin R. Mendoza

asr-004604

But what we did po is tinanggal po natin ang ating mga micro-tax payers from the requirement of a mandatory audit.

BIR Commissioner Charlito Martin R. Mendoza

asr-004605

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.

BIR Commissioner Charlito Martin R. Mendoza

asr-004606

Ngayon po, na-realize namin na bagamat sinimplihan natin ang mga requirements,

BIR Commissioner Charlito Martin R. Mendoza

asr-004607

napakarami po mga maliliit na negosyo, micro-small entrepreneurs.

BIR Commissioner Charlito Martin R. Mendoza

asr-004608

Micro-entrepreneurs in particular na marami na po silang tax liability sa BIR na nanahihirapan silang bayaran.

BIR Commissioner Charlito Martin R. Mendoza

asr-004609

Kung kaya po naglunsag po tayo ngayong taon ng tinatawag natin na tax abatement.

BIR Commissioner Charlito Martin R. Mendoza

asr-004610

Program for micro-tax payers.

BIR Commissioner Charlito Martin R. Mendoza

asr-004611

At ikinalulugod ko pong ipaalam sa inyo na sa loob lamang po ng dalawang buwan simula nang inulunsad natin ito,

BIR Commissioner Charlito Martin R. Mendoza

asr-004612

ay nakareceive na po kami ng 6,300 more or less na applications for tax abatement.

BIR Commissioner Charlito Martin R. Mendoza

asr-004613

At mahigit 5,000 na po ang na-approve natin.

BIR Commissioner Charlito Martin R. Mendoza

asr-004614

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.

BIR Commissioner Charlito Martin R. Mendoza

asr-004615

At ito po ay nangangahulugan ng 80 plus million per taxable year.

BIR Commissioner Charlito Martin R. Mendoza

asr-004616

Maliban po dyan, karaniwan hong naririnig po natin, maliit na negosyo lang kami pero ang hirap ng compliance namin.

BIR Commissioner Charlito Martin R. Mendoza

asr-004617

Mahaba yung form, mahirap intindihin.

BIR Commissioner Charlito Martin R. Mendoza

asr-004618

Kung kaya ngayong taon din po, pinasimple po natin ang income tax filing return for our micro and small taxpayers.

BIR Commissioner Charlito Martin R. Mendoza

asr-004619

Ang form po natin kasi dyan is yung 1701.

BIR Commissioner Charlito Martin R. Mendoza

asr-004620

So gumawa po tayo ng 1701 MS for micro taxpayers.

BIR Commissioner Charlito Martin R. Mendoza

asr-004621

Available po online.

BIR Commissioner Charlito Martin R. Mendoza

asr-004622

Ito po ay mas maiksi at mas kaunting requirements lamang ang hinihingi natin sa kanila.

BIR Commissioner Charlito Martin R. Mendoza

asr-004623

Thank you po, Mr.

Senator Christopher Lawrence T. Go

asr-004624

Salamat po.

Senator Christopher Lawrence T. Go

asr-004625

Totoo po yun sa mga nalulugi na negosyante.

Senator Christopher Lawrence T. Go

asr-004626

Nahirapan po silang magsara.

Senator Christopher Lawrence T. Go

asr-004627

At meron po akong narinig po na reklamo.

Senator Christopher Lawrence T. Go

asr-004628

Yung matagal rin po ang proseso.

Senator Christopher Lawrence T. Go

asr-004629

Yung sa SEC.

Senator Christopher Lawrence T. Go

asr-004630

Ano bang ginawa niyong proseso na ma-streamline po itong pagsasara ng negosyo?

Senator Christopher Lawrence T. Go

asr-004631

Imbis na...

Senator Christopher Lawrence T. Go

asr-004632

Lugi na nga yung mga negosyante.

Senator Christopher Lawrence T. Go

asr-004633

Pahirapan pa silang mag-retire o magsara ng kanilang negosyo.

Senator Christopher Lawrence T. Go

asr-004634

Mabilis lang ba ang proseso ngayon sa SEC, Mr. Francis Lee?

SEC Chairperson Francisco Ed Lim

asr-004635

Sa katotohanan, hindi pa namin inaabutan yan.

SEC Chairperson Francisco Ed Lim

asr-004636

Ang ginagawa namin yung ease of doing business.

SEC Chairperson Francisco Ed Lim

asr-004637

Madali ng registration.

SEC Chairperson Francisco Ed Lim

asr-004638

Nagbigay kami ng discounts for MSM East trying to register.

SEC Chairperson Francisco Ed Lim

asr-004639

Kung pupunta sila sa capital market, 20% discount yan.

SEC Chairperson Francisco Ed Lim

asr-004640

Kung pupunta sila sa capital market to raise funds, may 50% discount kami sa registration fee.

SEC Chairperson Francisco Ed Lim

asr-004641

Ngayon, napansin namin na bumibilis na yung registration namin, Mr. Senator.

SEC Chairperson Francisco Ed Lim

asr-004642

Pero isang problema ng isang negosyante, siguro na ano nyo ito, na-register na sila.

SEC Chairperson Francisco Ed Lim

asr-004643

Mahirap sila mag-umpisa ng negosyo.

SEC Chairperson Francisco Ed Lim

asr-004644

In other words, dahil register na, hindi sila makapag-umpisa ng negosyo

SEC Chairperson Francisco Ed Lim

asr-004645

dahil kukuha pa sila ng permit sa LGU, sa SSS, at so on.

SEC Chairperson Francisco Ed Lim

asr-004646

So, may proposal ako.

SEC Chairperson Francisco Ed Lim

asr-004647

Inapprove ni Secretary Goh na once naregister na yung company, malilit na company, malalaking company,

SEC Chairperson Francisco Ed Lim

asr-004648

they can start doing business, commercial operations, while they're applying for all these permits.

SEC Chairperson Francisco Ed Lim

asr-004649

Fire permit, occupancy permit, building permit, and so on, so forth, for a period of 60 days.

SEC Chairperson Francisco Ed Lim

asr-004650

Ngayon, sangayon kami sa ginagawa ng BIR na in terms of ease of doing business,

SEC Chairperson Francisco Ed Lim

asr-004651

that's not only

SEC Chairperson Francisco Ed Lim

asr-004652

start with the registration, but also on how to close down business.

SEC Chairperson Francisco Ed Lim

asr-004653

Ako, isang practitioner ho, bago ako naging SEC chairman.

SEC Chairperson Francisco Ed Lim

asr-004654

Ang hirap talaga magsaraan ng negosyo.

SEC Chairperson Francisco Ed Lim

asr-004655

Meron kang exemption sa tax liabilities, di ba?

SEC Chairperson Francisco Ed Lim

asr-004656

Dapat bayaran mo yan, certificate, ano.

SEC Chairperson Francisco Ed Lim

asr-004657

So, we will go there.

SEC Chairperson Francisco Ed Lim

asr-004658

But ang priority namin is how to get more businesses

SEC Chairperson Francisco Ed Lim

asr-004659

into the economy.

SEC Chairperson Francisco Ed Lim

asr-004660

Ngayon sa financial statements, isang problema ito ng maliliit.

SEC Chairperson Francisco Ed Lim

asr-004661

Dati, kung may 600,000 assets ka, kailangan ang audited financial statements.

SEC Chairperson Francisco Ed Lim

asr-004662

And we all know na magbabayad ka sa auditor.

SEC Chairperson Francisco Ed Lim

asr-004663

Tinanggal namin yun, I think tinaas namin yung threshold to 3 million.

SEC Chairperson Francisco Ed Lim

asr-004664

In other words, 3 million or ba no, hindi mo kailangan mag-submit sa SEC ng audited financial statement.

SEC Chairperson Francisco Ed Lim

asr-004665

A statement of management responsibility.

SEC Chairperson Francisco Ed Lim

asr-004666

At totoo, tama yung figure nila would be enough.

SEC Chairperson Francisco Ed Lim

asr-004667

So, yun.

SEC Chairperson Francisco Ed Lim

asr-004668

I think sa closing of business, pag nag-shorten na ng corporate term, for example.

SEC Chairperson Francisco Ed Lim

asr-004669

That's the usual way of closing business.

SEC Chairperson Francisco Ed Lim

asr-004670

Sina-shorten nyo lang.

SEC Chairperson Francisco Ed Lim

asr-004671

Meron kaming mandali na yung pag-close.

SEC Chairperson Francisco Ed Lim

asr-004672

Because we have a deemed-approved policy for simple transactions.

SEC Chairperson Francisco Ed Lim

asr-004673

And we got this from the EODB law.

SEC Chairperson Francisco Ed Lim

asr-004674

Simple transactions, 3 days.

SEC Chairperson Francisco Ed Lim

asr-004675

Moderate transactions, 7 days.

SEC Chairperson Francisco Ed Lim

asr-004676

And complex transactions, 20 days.

SEC Chairperson Francisco Ed Lim

asr-004677

Pag hindi na-approved doon that period, and the fault is ours,

SEC Chairperson Francisco Ed Lim

asr-004678

compliant yung company, deemed-approved yung closing business.

SEC Chairperson Francisco Ed Lim

asr-004679

That's what I can commit, Mr. Chairman.

Senator Christopher Lawrence T. Go

asr-004680

Salamat, Chairperson Francis Lim.

Senator Christopher Lawrence T. Go

asr-004681

Baka pakisilip lang po nito.

Senator Christopher Lawrence T. Go

asr-004682

Lalong-lalo na yung mga maliliit na negosyante.

Senator Christopher Lawrence T. Go

asr-004683

Yun lang po narinig ko sa baba.

Senator Christopher Lawrence T. Go

asr-004684

Mareklamo nila.

Senator Christopher Lawrence T. Go

asr-004685

Yung mga kiosk.

Senator Christopher Lawrence T. Go

asr-004686

Yung mga maliliit.

Senator Christopher Lawrence T. Go

asr-004687

Maliliit na nagtitinda dyan.

Senator Christopher Lawrence T. Go

asr-004688

Aside from sa SEC na matagal yung proseso na pagsara nila,

Senator Christopher Lawrence T. Go

asr-004689

o pagre-retire ng business nila,

Senator Christopher Lawrence T. Go

asr-004690

yung mga business permits pupunta sila sa...

Senator Christopher Lawrence T. Go

asr-004691

LGU.

Senator Christopher Lawrence T. Go

asr-004692

LGU.

Senator Christopher Lawrence T. Go

asr-004693

Baka pwede nyo rin pong makausap, Secretary Goh.

Senator Christopher Lawrence T. Go

asr-004694

Iyan naman ang gusto nyo.

Senator Christopher Lawrence T. Go

asr-004695

Streamline processes.

Senator Christopher Lawrence T. Go

asr-004696

Pag-apply.

Senator Christopher Lawrence T. Go

asr-004697

Ito nang pagsara.

Senator Christopher Lawrence T. Go

asr-004698

Pakicheck nyo naman po.

Senator Christopher Lawrence T. Go

asr-004699

Baring makausap nyo rin po ang mga LGU.

Senator Christopher Lawrence T. Go

asr-004700

Under naman po sa inyo yung BLGF, diba?

Senator Christopher Lawrence T. Go

asr-004701

Yung mga treasurer.

Senator Christopher Lawrence T. Go

asr-004702

Maaring dadaan nyo sa kanila rin po.

Senator Christopher Lawrence T. Go

asr-004703

Pakisilip na lang po ito.

Senator Christopher Lawrence T. Go

asr-004704

Yun po ang mga reklamo ng mga maliliit na negosyante.

Senator Christopher Lawrence T. Go

asr-004705

Nalugi na nga sila.

Senator Christopher Lawrence T. Go

asr-004706

Pahirapan pa silang magsara ng kanilang negosyo, Secretary Goh.

Senator Christopher Lawrence T. Go

asr-004707

Malaking tulong po ito sa kanila.

Senator Christopher Lawrence T. Go

asr-004708

Anyway, medyo gusto na po mag-wind up ng ating chairperson.

Senator Christopher Lawrence T. Go

asr-004709

Sabi ko nga sa inyo.

Senator Christopher Lawrence T. Go

asr-004710

Full support po ako sa inyo.

Senator Christopher Lawrence T. Go

asr-004711

With the able leadership ng ating Secretary Frederick Goh ng Finance.

Senator Christopher Lawrence T. Go

asr-004712

Ako po'y naniniwala na you are in good hands.

Senator Christopher Lawrence T. Go

asr-004713

Aside from being a Goh also, Secretary Goh.

Senator Christopher Lawrence T. Go

asr-004714

Alam kong magaling ka naman po at you are very competent dyan sa Department of Finance.

Senator Christopher Lawrence T. Go

asr-004715

Pero last na lang ito.

Senator Christopher Lawrence T. Go

asr-004716

Malaking bagay po ito.

Senator Christopher Lawrence T. Go

asr-004717

It will leave a mark po sa Pilipinas.

Senator Christopher Lawrence T. Go

asr-004718

Sa Pilipino.

Senator Christopher Lawrence T. Go

asr-004719

Lalong-lalo na sa mga negosyante.

Senator Christopher Lawrence T. Go

asr-004720

I'm sure marami kang kaibigan na negosyante.

Senator Christopher Lawrence T. Go

asr-004721

Nakasama mo noon.

Senator Christopher Lawrence T. Go

asr-004722

Bago ka pumasok sa gobyerno.

Senator Christopher Lawrence T. Go

asr-004723

Malaking tulong po ito.

Senator Christopher Lawrence T. Go

asr-004724

Maraming nagre-reklamo.

Senator Christopher Lawrence T. Go

asr-004725

And I'm sure maraming nagre-reklamo sa iyo neto.

Senator Christopher Lawrence T. Go

asr-004726

Kumusta na po itong mga letter of authority na nagiging abuso po ng BIR?

Senator Christopher Lawrence T. Go

asr-004727

Sabi mo noon, pinatigil mo na itong LOA.

Senator Christopher Lawrence T. Go

asr-004728

At wala na po bang nagagamit na mga abuses

Senator Christopher Lawrence T. Go

asr-004729

using the LOA?

Senator Christopher Lawrence T. Go

asr-004730

Wala na bang nahaharas na mga negosyante using the LOA?

Senator Christopher Lawrence T. Go

asr-004731

You may answer, Commissioner.

Senator Christopher Lawrence T. Go

asr-004732

And after Commissioner, you may answer also, Secretary Fredrik Goh.

Senator Christopher Lawrence T. Go

asr-004733

Since kayo po ang nagpa-stop nitong LOA.

Senator Joseph Victor "JV" G. Ejercito

asr-004734

Actually, I'd just like to know siguro what are the reforms?

Senator Joseph Victor "JV" G. Ejercito

asr-004735

that were instituted

Senator Joseph Victor "JV" G. Ejercito

asr-004736

by when you took over

Senator Joseph Victor "JV" G. Ejercito

asr-004737

kasi nung ano to

Senator Joseph Victor "JV" G. Ejercito

asr-004738

Senator Bongo

Senator Joseph Victor "JV" G. Ejercito

asr-004739

when I think

Senator Joseph Victor "JV" G. Ejercito

asr-004740

he was the one

Senator Joseph Victor "JV" G. Ejercito

asr-004741

who brought this up

Senator Joseph Victor "JV" G. Ejercito

asr-004742

in the floor

Senator Joseph Victor "JV" G. Ejercito

asr-004743

kaupo lamang

Senator Joseph Victor "JV" G. Ejercito

asr-004744

ni Commissioner Charlie

Senator Joseph Victor "JV" G. Ejercito

asr-004745

Ito Mendoza

Senator Joseph Victor "JV" G. Ejercito

asr-004746

nung tungkol dito

Senator Joseph Victor "JV" G. Ejercito

asr-004747

sa weaponizing

Senator Joseph Victor "JV" G. Ejercito

asr-004748

the letters of authority

Senator Joseph Victor "JV" G. Ejercito

asr-004749

paggamit ng

Senator Joseph Victor "JV" G. Ejercito

asr-004750

ng loa

Senator Joseph Victor "JV" G. Ejercito

asr-004751

para

Senator Joseph Victor "JV" G. Ejercito

asr-004752

pangikil

Senator Joseph Victor "JV" G. Ejercito

asr-004753

at pang-aabuso

Senator Joseph Victor "JV" G. Ejercito

asr-004754

so siguro

Senator Joseph Victor "JV" G. Ejercito

asr-004755

siguro quickly

Senator Joseph Victor "JV" G. Ejercito

asr-004756

isama mo nyo na rin

Senator Joseph Victor "JV" G. Ejercito

asr-004757

isama ko na

Senator Joseph Victor "JV" G. Ejercito

asr-004758

with your indulgence

Senator Joseph Victor "JV" G. Ejercito

asr-004759

Senator Bongo

Senator Joseph Victor "JV" G. Ejercito

asr-004760

yung pang-reforms

Senator Joseph Victor "JV" G. Ejercito

asr-004761

saka yung ano

Senator Joseph Victor "JV" G. Ejercito

asr-004762

yung mga

Senator Joseph Victor "JV" G. Ejercito

asr-004763

ano nangyari

Senator Joseph Victor "JV" G. Ejercito

asr-004764

doon sa

Senator Joseph Victor "JV" G. Ejercito

asr-004765

memorandum

Senator Joseph Victor "JV" G. Ejercito

asr-004766

that was issued

Senator Joseph Victor "JV" G. Ejercito

asr-004767

para

Senator Joseph Victor "JV" G. Ejercito

asr-004768

at least

Senator Joseph Victor "JV" G. Ejercito

asr-004769

pwede ba ito

Senator Joseph Victor "JV" G. Ejercito

asr-004770

ma-verify

Senator Joseph Victor "JV" G. Ejercito

asr-004771

through electronic

Senator Joseph Victor "JV" G. Ejercito

asr-004772

mga ganon

Senator Joseph Victor "JV" G. Ejercito

asr-004773

siguro

Senator Joseph Victor "JV" G. Ejercito

asr-004774

yung reforms

Senator Joseph Victor "JV" G. Ejercito

asr-004775

probably

Senator Joseph Victor "JV" G. Ejercito

asr-004776

Commissioner

Senator Joseph Victor "JV" G. Ejercito

asr-004777

I would like to find out

Senator Joseph Victor "JV" G. Ejercito

asr-004778

as Chairman of Finance

Senator Joseph Victor "JV" G. Ejercito

asr-004779

what reforms

Senator Joseph Victor "JV" G. Ejercito

asr-004780

were already

Senator Joseph Victor "JV" G. Ejercito

asr-004781

instituted by your

Senator Joseph Victor "JV" G. Ejercito

asr-004782

under your organization

BIR Commissioner Charlito Martin R. Mendoza

asr-004783

Maaalalam nyo nga po

BIR Commissioner Charlito Martin R. Mendoza

asr-004784

noong November

BIR Commissioner Charlito Martin R. Mendoza

asr-004785

mid-November

BIR Commissioner Charlito Martin R. Mendoza

asr-004786

sinuspindi po natin

BIR Commissioner Charlito Martin R. Mendoza

asr-004787

ang

BIR Commissioner Charlito Martin R. Mendoza

asr-004788

audits

BIR Commissioner Charlito Martin R. Mendoza

asr-004789

sapagkat

BIR Commissioner Charlito Martin R. Mendoza

asr-004790

napakaraming reklamo

BIR Commissioner Charlito Martin R. Mendoza

asr-004791

na nirais

BIR Commissioner Charlito Martin R. Mendoza

asr-004792

ng ating mga

BIR Commissioner Charlito Martin R. Mendoza

asr-004793

taxpayers noon

BIR Commissioner Charlito Martin R. Mendoza

asr-004794

we suspended

BIR Commissioner Charlito Martin R. Mendoza

asr-004795

the audit

BIR Commissioner Charlito Martin R. Mendoza

asr-004796

for two months

BIR Commissioner Charlito Martin R. Mendoza

asr-004797

and over

BIR Commissioner Charlito Martin R. Mendoza

asr-004798

those two months po

BIR Commissioner Charlito Martin R. Mendoza

asr-004799

sa panahon na yun

BIR Commissioner Charlito Martin R. Mendoza

asr-004800

tinignan natin

BIR Commissioner Charlito Martin R. Mendoza

asr-004801

yung mga proseso

BIR Commissioner Charlito Martin R. Mendoza

asr-004802

inanalyze natin

BIR Commissioner Charlito Martin R. Mendoza

asr-004803

in-evaluate natin

BIR Commissioner Charlito Martin R. Mendoza

asr-004804

tinignan natin

BIR Commissioner Charlito Martin R. Mendoza

asr-004805

kung saan

BIR Commissioner Charlito Martin R. Mendoza

asr-004806

ang mga

BIR Commissioner Charlito Martin R. Mendoza

asr-004807

loopholes

BIR Commissioner Charlito Martin R. Mendoza

asr-004808

ano yung mga areas na

BIR Commissioner Charlito Martin R. Mendoza

asr-004809

potential areas

BIR Commissioner Charlito Martin R. Mendoza

asr-004810

for abuse

BIR Commissioner Charlito Martin R. Mendoza

asr-004811

at during that period din po

BIR Commissioner Charlito Martin R. Mendoza

asr-004812

umiko tayo

BIR Commissioner Charlito Martin R. Mendoza

asr-004813

kinausap natin

BIR Commissioner Charlito Martin R. Mendoza

asr-004814

ang ating mga

BIR Commissioner Charlito Martin R. Mendoza

asr-004815

stakeholders

BIR Commissioner Charlito Martin R. Mendoza

asr-004816

ang ating mga

BIR Commissioner Charlito Martin R. Mendoza

asr-004817

business organizations

BIR Commissioner Charlito Martin R. Mendoza

asr-004818

even the Chambers of Commerce

BIR Commissioner Charlito Martin R. Mendoza

asr-004819

at hiningi po natin

BIR Commissioner Charlito Martin R. Mendoza

asr-004820

ang kanila mga komento

BIR Commissioner Charlito Martin R. Mendoza

asr-004821

kung papaano po

BIR Commissioner Charlito Martin R. Mendoza

asr-004822

isolve itong problema na ito

BIR Commissioner Charlito Martin R. Mendoza

asr-004823

so noon pong

BIR Commissioner Charlito Martin R. Mendoza

asr-004824

January

BIR Commissioner Charlito Martin R. Mendoza

asr-004825

naglabas po tayo

BIR Commissioner Charlito Martin R. Mendoza

asr-004826

ng Revenue Memorandum Order

BIR Commissioner Charlito Martin R. Mendoza

asr-004827

providing for

BIR Commissioner Charlito Martin R. Mendoza

asr-004828

new audit guidelines

BIR Commissioner Charlito Martin R. Mendoza

asr-004829

at

BIR Commissioner Charlito Martin R. Mendoza

asr-004830

lately po

BIR Commissioner Charlito Martin R. Mendoza

asr-004831

naglabas po tayo

BIR Commissioner Charlito Martin R. Mendoza

asr-004832

ng panibagong

BIR Commissioner Charlito Martin R. Mendoza

asr-004833

audit manual

BIR Commissioner Charlito Martin R. Mendoza

asr-004834

audit program

BIR Commissioner Charlito Martin R. Mendoza

asr-004835

further

BIR Commissioner Charlito Martin R. Mendoza

asr-004836

refining

BIR Commissioner Charlito Martin R. Mendoza

asr-004837

itong ating

BIR Commissioner Charlito Martin R. Mendoza

asr-004838

panibagong proseso

BIR Commissioner Charlito Martin R. Mendoza

asr-004839

sa pag-audit

BIR Commissioner Charlito Martin R. Mendoza

asr-004840

and

BIR Commissioner Charlito Martin R. Mendoza

asr-004841

and I can say po

BIR Commissioner Charlito Martin R. Mendoza

asr-004842

that we have introduced

BIR Commissioner Charlito Martin R. Mendoza

asr-004843

substantial reforms

BIR Commissioner Charlito Martin R. Mendoza

asr-004844

and compassing reforms

BIR Commissioner Charlito Martin R. Mendoza

asr-004845

this year

BIR Commissioner Charlito Martin R. Mendoza

asr-004846

so ano po yung mga features

BIR Commissioner Charlito Martin R. Mendoza

asr-004847

ng ating

BIR Commissioner Charlito Martin R. Mendoza

asr-004848

audit reforms

BIR Commissioner Charlito Martin R. Mendoza

asr-004849

unang una po

Senator Joseph Victor "JV" G. Ejercito

asr-004850

just interject before

Senator Joseph Victor "JV" G. Ejercito

asr-004851

do you still allow

Senator Joseph Victor "JV" G. Ejercito

asr-004852

multiple

Senator Joseph Victor "JV" G. Ejercito

asr-004853

loas

Senator Joseph Victor "JV" G. Ejercito

asr-004854

in a year?

Senator Joseph Victor "JV" G. Ejercito

asr-004855

wala na po yan

Senator Joseph Victor "JV" G. Ejercito

asr-004856

yan kasi ano eh no

Senator Joseph Victor "JV" G. Ejercito

asr-004857

doon kasi naging abuso

Senator Joseph Victor "JV" G. Ejercito

asr-004858

yung maraming

Senator Joseph Victor "JV" G. Ejercito

asr-004859

nabigyan na

Senator Joseph Victor "JV" G. Ejercito

asr-004860

tapos meron pa

Senator Joseph Victor "JV" G. Ejercito

asr-004861

paulit-ulit pa

Senator Joseph Victor "JV" G. Ejercito

asr-004862

so siguro

Senator Joseph Victor "JV" G. Ejercito

asr-004863

makapakidagdag na rin din po ito

Senator Joseph Victor "JV" G. Ejercito

asr-004864

kung

Senator Joseph Victor "JV" G. Ejercito

asr-004865

ano man ang ginawa nyo rito

Senator Joseph Victor "JV" G. Ejercito

asr-004866

ah

BIR Commissioner Charlito Martin R. Mendoza

asr-004867

maaalala ko po

BIR Commissioner Charlito Martin R. Mendoza

asr-004868

noong mga panahon na

BIR Commissioner Charlito Martin R. Mendoza

asr-004869

nagkamaroon pa nga ng

BIR Commissioner Charlito Martin R. Mendoza

asr-004870

Senate Blue Ribbon Committee Hearing

BIR Commissioner Charlito Martin R. Mendoza

asr-004871

yan ho ang unang-unang reklamo

BIR Commissioner Charlito Martin R. Mendoza

asr-004872

na ang isang taxpayer

BIR Commissioner Charlito Martin R. Mendoza

asr-004873

ay maaaring ma-audit

BIR Commissioner Charlito Martin R. Mendoza

asr-004874

multiple times

BIR Commissioner Charlito Martin R. Mendoza

asr-004875

for the same taxable year

BIR Commissioner Charlito Martin R. Mendoza

asr-004876

it was because

BIR Commissioner Charlito Martin R. Mendoza

asr-004877

meron ho tayong

BIR Commissioner Charlito Martin R. Mendoza

asr-004878

separate VAT audit

BIR Commissioner Charlito Martin R. Mendoza

asr-004879

during that

BIR Commissioner Charlito Martin R. Mendoza

asr-004880

previously

BIR Commissioner Charlito Martin R. Mendoza

asr-004881

meron

BIR Commissioner Charlito Martin R. Mendoza

asr-004882

ma-audit ka ng

BIR Commissioner Charlito Martin R. Mendoza

asr-004883

first SEM

BIR Commissioner Charlito Martin R. Mendoza

asr-004884

sa VAT

BIR Commissioner Charlito Martin R. Mendoza

asr-004885

ma-audit ka ng

BIR Commissioner Charlito Martin R. Mendoza

asr-004886

second SEM sa VAT

BIR Commissioner Charlito Martin R. Mendoza

asr-004887

and then the following year

BIR Commissioner Charlito Martin R. Mendoza

asr-004888

pag-file mo ng

BIR Commissioner Charlito Martin R. Mendoza

asr-004889

income tax return mo

BIR Commissioner Charlito Martin R. Mendoza

asr-004890

the following year

BIR Commissioner Charlito Martin R. Mendoza

asr-004891

ma-audit ka na naman

BIR Commissioner Charlito Martin R. Mendoza

asr-004892

for all other

BIR Commissioner Charlito Martin R. Mendoza

asr-004893

types of taxes

BIR Commissioner Charlito Martin R. Mendoza

asr-004894

so sa makatawid

BIR Commissioner Charlito Martin R. Mendoza

asr-004895

sa isang taon

BIR Commissioner Charlito Martin R. Mendoza

asr-004896

same taxable year

BIR Commissioner Charlito Martin R. Mendoza

asr-004897

maaari kang ma-audit

BIR Commissioner Charlito Martin R. Mendoza

asr-004898

ng tatlong beses

BIR Commissioner Charlito Martin R. Mendoza

asr-004899

at yung po ay

BIR Commissioner Charlito Martin R. Mendoza

asr-004900

napakabigat

BIR Commissioner Charlito Martin R. Mendoza

asr-004901

at napakahira

BIR Commissioner Charlito Martin R. Mendoza

asr-004902

para sa ating mga taxpayers

BIR Commissioner Charlito Martin R. Mendoza

asr-004903

so ang ginawa po natin

BIR Commissioner Charlito Martin R. Mendoza

asr-004904

is inalist na po natin yan

BIR Commissioner Charlito Martin R. Mendoza

asr-004905

inabolish na po natin yan

BIR Commissioner Charlito Martin R. Mendoza

asr-004906

simula ngayong taon

BIR Commissioner Charlito Martin R. Mendoza

asr-004907

we have shifted

BIR Commissioner Charlito Martin R. Mendoza

asr-004908

to a single instance

BIR Commissioner Charlito Martin R. Mendoza

asr-004909

audit framework

BIR Commissioner Charlito Martin R. Mendoza

asr-004910

meaning to say

BIR Commissioner Charlito Martin R. Mendoza

asr-004911

na wala na pong

BIR Commissioner Charlito Martin R. Mendoza

asr-004912

separate audit

BIR Commissioner Charlito Martin R. Mendoza

asr-004913

sa VAT

BIR Commissioner Charlito Martin R. Mendoza

asr-004914

isang beses ka na lang

BIR Commissioner Charlito Martin R. Mendoza

asr-004915

pong ma-audit

BIR Commissioner Charlito Martin R. Mendoza

asr-004916

for a given taxable year

BIR Commissioner Charlito Martin R. Mendoza

asr-004917

starting this year

BIR Commissioner Charlito Martin R. Mendoza

asr-004918

at ito po ay

BIR Commissioner Charlito Martin R. Mendoza

asr-004919

i-encompass na

BIR Commissioner Charlito Martin R. Mendoza

asr-004920

lahat ng

BIR Commissioner Charlito Martin R. Mendoza

asr-004921

all types

BIR Commissioner Charlito Martin R. Mendoza

asr-004922

of taxes

BIR Commissioner Charlito Martin R. Mendoza

asr-004923

including

BIR Commissioner Charlito Martin R. Mendoza

asr-004924

VAT

BIR Commissioner Charlito Martin R. Mendoza

asr-004925

at to

BIR Commissioner Charlito Martin R. Mendoza

asr-004926

implement that

BIR Commissioner Charlito Martin R. Mendoza

asr-004927

inabolish ko na po namin

BIR Commissioner Charlito Martin R. Mendoza

asr-004928

inalist na po namin

BIR Commissioner Charlito Martin R. Mendoza

asr-004929

ang mga VAT

BIR Commissioner Charlito Martin R. Mendoza

asr-004930

audit units

BIR Commissioner Charlito Martin R. Mendoza

asr-004931

ng BIR

BIR Commissioner Charlito Martin R. Mendoza

asr-004932

wala na po tayong

BIR Commissioner Charlito Martin R. Mendoza

asr-004933

VAT audit units

BIR Commissioner Charlito Martin R. Mendoza

asr-004934

ng BIR

BIR Commissioner Charlito Martin R. Mendoza

asr-004935

kaya't hindi na po sila

BIR Commissioner Charlito Martin R. Mendoza

asr-004936

magkakamero

BIR Commissioner Charlito Martin R. Mendoza

asr-004937

ng separate VAT audit

BIR Commissioner Charlito Martin R. Mendoza

asr-004938

isang beses na lamang po sila

BIR Commissioner Charlito Martin R. Mendoza

asr-004939

starting this taxable year

BIR Commissioner Charlito Martin R. Mendoza

asr-004940

ma-audit

BIR Commissioner Charlito Martin R. Mendoza

asr-004941

yan po ang una

BIR Commissioner Charlito Martin R. Mendoza

asr-004942

pangalawa po

BIR Commissioner Charlito Martin R. Mendoza

asr-004943

naging concern din yung

BIR Commissioner Charlito Martin R. Mendoza

asr-004944

palagi akong na-audit

BIR Commissioner Charlito Martin R. Mendoza

asr-004945

before po kasi

BIR Commissioner Charlito Martin R. Mendoza

asr-004946

delegated natin

BIR Commissioner Charlito Martin R. Mendoza

asr-004947

sa ating mga

BIR Commissioner Charlito Martin R. Mendoza

asr-004948

regional directors

BIR Commissioner Charlito Martin R. Mendoza

asr-004949

yung pag-i-issue

BIR Commissioner Charlito Martin R. Mendoza

asr-004950

yung mga

BIR Commissioner Charlito Martin R. Mendoza

asr-004951

letters of authority

BIR Commissioner Charlito Martin R. Mendoza

asr-004952

for priority audit cases

BIR Commissioner Charlito Martin R. Mendoza

asr-004953

ngayon po

BIR Commissioner Charlito Martin R. Mendoza

asr-004954

we have shifted

BIR Commissioner Charlito Martin R. Mendoza

asr-004955

to a

BIR Commissioner Charlito Martin R. Mendoza

asr-004956

system-assisted

BIR Commissioner Charlito Martin R. Mendoza

asr-004957

risk-based audit

BIR Commissioner Charlito Martin R. Mendoza

asr-004958

pagdating po sa mga

BIR Commissioner Charlito Martin R. Mendoza

asr-004959

priority audits

BIR Commissioner Charlito Martin R. Mendoza

asr-004960

hindi na po nang gagaling

BIR Commissioner Charlito Martin R. Mendoza

asr-004961

sa mga regional directors

BIR Commissioner Charlito Martin R. Mendoza

asr-004962

ang pagpili

BIR Commissioner Charlito Martin R. Mendoza

asr-004963

ng mga taxpayers

BIR Commissioner Charlito Martin R. Mendoza

asr-004964

na i-audit

BIR Commissioner Charlito Martin R. Mendoza

asr-004965

meron po tayong

BIR Commissioner Charlito Martin R. Mendoza

asr-004966

isang system

BIR Commissioner Charlito Martin R. Mendoza

asr-004967

na kung tawagin natin

BIR Commissioner Charlito Martin R. Mendoza

asr-004968

as data warehouse

BIR Commissioner Charlito Martin R. Mendoza

asr-004969

nandun po lahat

BIR Commissioner Charlito Martin R. Mendoza

asr-004970

ng mga

BIR Commissioner Charlito Martin R. Mendoza

asr-004971

tax returns

BIR Commissioner Charlito Martin R. Mendoza

asr-004972

na fila ng mga taxpayers

BIR Commissioner Charlito Martin R. Mendoza

asr-004973

even yung other

BIR Commissioner Charlito Martin R. Mendoza

asr-004974

accompanying documents

BIR Commissioner Charlito Martin R. Mendoza

asr-004975

audited financial statements

BIR Commissioner Charlito Martin R. Mendoza

asr-004976

to the

BIR Commissioner Charlito Martin R. Mendoza

asr-004977

so naglagay po tayo

BIR Commissioner Charlito Martin R. Mendoza

asr-004978

ng mga parameters

BIR Commissioner Charlito Martin R. Mendoza

asr-004979

dun

BIR Commissioner Charlito Martin R. Mendoza

asr-004980

sa tulong ng ating

BIR Commissioner Charlito Martin R. Mendoza

asr-004981

mga IT

BIR Commissioner Charlito Martin R. Mendoza

asr-004982

personnel

BIR Commissioner Charlito Martin R. Mendoza

asr-004983

so ngayon po

BIR Commissioner Charlito Martin R. Mendoza

asr-004984

yun na pong machine

BIR Commissioner Charlito Martin R. Mendoza

asr-004985

ang nagsasabi

BIR Commissioner Charlito Martin R. Mendoza

asr-004986

kung sino ang i-audit

BIR Commissioner Charlito Martin R. Mendoza

asr-004987

based doon sa parameters

BIR Commissioner Charlito Martin R. Mendoza

asr-004988

na naka-embed

BIR Commissioner Charlito Martin R. Mendoza

asr-004989

na po sa system

BIR Commissioner Charlito Martin R. Mendoza

asr-004990

so diyan po

BIR Commissioner Charlito Martin R. Mendoza

asr-004991

hindi na po tayo

BIR Commissioner Charlito Martin R. Mendoza

asr-004992

namimili

BIR Commissioner Charlito Martin R. Mendoza

asr-004993

wala na tayong

BIR Commissioner Charlito Martin R. Mendoza

asr-004994

discretion sa pagpili

BIR Commissioner Charlito Martin R. Mendoza

asr-004995

kung ikaw po

BIR Commissioner Charlito Martin R. Mendoza

asr-004996

ay mapili

BIR Commissioner Charlito Martin R. Mendoza

asr-004997

ng system for audit

BIR Commissioner Charlito Martin R. Mendoza

asr-004998

ibig sabihin no

BIR Commissioner Charlito Martin R. Mendoza

asr-004999

may problema talaga

BIR Commissioner Charlito Martin R. Mendoza

asr-005000

pero palagi ko naman

BIR Commissioner Charlito Martin R. Mendoza

asr-005001

hong sinasabi na

BIR Commissioner Charlito Martin R. Mendoza

asr-005002

yun hong

BIR Commissioner Charlito Martin R. Mendoza

asr-005003

letter of authority

BIR Commissioner Charlito Martin R. Mendoza

asr-005004

is not a conclusion

BIR Commissioner Charlito Martin R. Mendoza

asr-005005

of liability

BIR Commissioner Charlito Martin R. Mendoza

asr-005006

at that point

BIR Commissioner Charlito Martin R. Mendoza

asr-005007

wala pa pong assessment

BIR Commissioner Charlito Martin R. Mendoza

asr-005008

ang sinasabi lang po

BIR Commissioner Charlito Martin R. Mendoza

asr-005009

sa letter of authority

BIR Commissioner Charlito Martin R. Mendoza

asr-005010

mag-submit ka ng documents

BIR Commissioner Charlito Martin R. Mendoza

asr-005011

nakita kasi namin

BIR Commissioner Charlito Martin R. Mendoza

asr-005012

initially may red flag

BIR Commissioner Charlito Martin R. Mendoza

asr-005013

mag-submit ka ng documents

BIR Commissioner Charlito Martin R. Mendoza

asr-005014

and then we will see

BIR Commissioner Charlito Martin R. Mendoza

asr-005015

titignan natin

BIR Commissioner Charlito Martin R. Mendoza

asr-005016

kung meron ba talagang problema

BIR Commissioner Charlito Martin R. Mendoza

asr-005017

sapagkat in many instances

BIR Commissioner Charlito Martin R. Mendoza

asr-005018

naman po

BIR Commissioner Charlito Martin R. Mendoza

asr-005019

na-issuehan ng letter of authority

BIR Commissioner Charlito Martin R. Mendoza

asr-005020

pero na-terminate ang audit

BIR Commissioner Charlito Martin R. Mendoza

asr-005021

dahil wala namang nakitang

BIR Commissioner Charlito Martin R. Mendoza

asr-005022

deficiency sa kanyang tax payments

BIR Commissioner Charlito Martin R. Mendoza

asr-005023

another reform po

BIR Commissioner Charlito Martin R. Mendoza

asr-005024

that we have introduced

BIR Commissioner Charlito Martin R. Mendoza

asr-005025

this year

BIR Commissioner Charlito Martin R. Mendoza

asr-005026

is the anonymized case assignment

BIR Commissioner Charlito Martin R. Mendoza

asr-005027

palagi hong

BIR Commissioner Charlito Martin R. Mendoza

asr-005028

nagiging reklamo dati na

BIR Commissioner Charlito Martin R. Mendoza

asr-005029

suki-suki

BIR Commissioner Charlito Martin R. Mendoza

asr-005030

itong examiner na ito

BIR Commissioner Charlito Martin R. Mendoza

asr-005031

alam na niya

BIR Commissioner Charlito Martin R. Mendoza

asr-005032

nasa araw na ito

BIR Commissioner Charlito Martin R. Mendoza

asr-005033

darating itong examiner na ito

BIR Commissioner Charlito Martin R. Mendoza

asr-005034

para i-audit siya

BIR Commissioner Charlito Martin R. Mendoza

asr-005035

so nagkakamaroon ng familiarity

BIR Commissioner Charlito Martin R. Mendoza

asr-005036

nagiging cost po

BIR Commissioner Charlito Martin R. Mendoza

asr-005037

and potential area

BIR Commissioner Charlito Martin R. Mendoza

asr-005038

for abuse

BIR Commissioner Charlito Martin R. Mendoza

asr-005039

and corruption

BIR Commissioner Charlito Martin R. Mendoza

asr-005040

so ngayon ho

BIR Commissioner Charlito Martin R. Mendoza

asr-005041

pag in-assign po natin

BIR Commissioner Charlito Martin R. Mendoza

asr-005042

ang isang audit case

BIR Commissioner Charlito Martin R. Mendoza

asr-005043

sa region

BIR Commissioner Charlito Martin R. Mendoza

asr-005044

anonymized po yun

BIR Commissioner Charlito Martin R. Mendoza

asr-005045

hindi po nila alam

BIR Commissioner Charlito Martin R. Mendoza

asr-005046

kung ano ang pangalan

BIR Commissioner Charlito Martin R. Mendoza

asr-005047

ng taxpayers

BIR Commissioner Charlito Martin R. Mendoza

asr-005048

malalaman lang nila

BIR Commissioner Charlito Martin R. Mendoza

asr-005049

kapag na-assign na sa examiner

BIR Commissioner Charlito Martin R. Mendoza

asr-005050

at saka sa group supervisor

BIR Commissioner Charlito Martin R. Mendoza

asr-005051

may mga birthing pain

BIR Commissioner Charlito Martin R. Mendoza

asr-005052

lang po kami dyan talaga

BIR Commissioner Charlito Martin R. Mendoza

asr-005053

since bagong system

BIR Commissioner Charlito Martin R. Mendoza

asr-005054

kaya mapapansin nyo ho

BIR Commissioner Charlito Martin R. Mendoza

asr-005055

this year

BIR Commissioner Charlito Martin R. Mendoza

asr-005056

talagang medyo na-delay

BIR Commissioner Charlito Martin R. Mendoza

asr-005057

yung pag-deploy namin

BIR Commissioner Charlito Martin R. Mendoza

asr-005058

ng letters of authority

BIR Commissioner Charlito Martin R. Mendoza

asr-005059

because of all these reforms

BIR Commissioner Charlito Martin R. Mendoza

asr-005060

that we have been doing

BIR Commissioner Charlito Martin R. Mendoza

asr-005061

pangatlo

BIR Commissioner Charlito Martin R. Mendoza

asr-005062

pang-apat po

BIR Commissioner Charlito Martin R. Mendoza

asr-005063

meron tayong

BIR Commissioner Charlito Martin R. Mendoza

asr-005064

of course

BIR Commissioner Charlito Martin R. Mendoza

asr-005065

meron tayong discrepancy discussion

BIR Commissioner Charlito Martin R. Mendoza

asr-005066

kapag nakita

BIR Commissioner Charlito Martin R. Mendoza

asr-005067

ng examiner

BIR Commissioner Charlito Martin R. Mendoza

asr-005068

na may kulang

BIR Commissioner Charlito Martin R. Mendoza

asr-005069

kasa binayaran buwis

BIR Commissioner Charlito Martin R. Mendoza

asr-005070

hindi naman nuka

BIR Commissioner Charlito Martin R. Mendoza

asr-005071

agad-agad ito

BIR Commissioner Charlito Martin R. Mendoza

asr-005072

na-i-issuehan ng

BIR Commissioner Charlito Martin R. Mendoza

asr-005073

assessment notice

BIR Commissioner Charlito Martin R. Mendoza

asr-005074

mag-uusap po muna sila

BIR Commissioner Charlito Martin R. Mendoza

asr-005075

uuupo sila

BIR Commissioner Charlito Martin R. Mendoza

asr-005076

with the taxpayers

BIR Commissioner Charlito Martin R. Mendoza

asr-005077

and the taxpayer is given

BIR Commissioner Charlito Martin R. Mendoza

asr-005078

the chance to explain

BIR Commissioner Charlito Martin R. Mendoza

asr-005079

kung bakit ito

BIR Commissioner Charlito Martin R. Mendoza

asr-005080

ang findings namin

BIR Commissioner Charlito Martin R. Mendoza

asr-005081

at yan po ay recorded

BIR Commissioner Charlito Martin R. Mendoza

asr-005082

may minutes of meeting po

BIR Commissioner Charlito Martin R. Mendoza

asr-005083

and then

BIR Commissioner Charlito Martin R. Mendoza

asr-005084

na-raise din po

BIR Commissioner Charlito Martin R. Mendoza

asr-005085

nung question na yun

BIR Commissioner Charlito Martin R. Mendoza

asr-005086

na especially

BIR Commissioner Charlito Martin R. Mendoza

asr-005087

in remote areas

BIR Commissioner Charlito Martin R. Mendoza

asr-005088

pupunta yung tao

BIR Commissioner Charlito Martin R. Mendoza

asr-005089

sa taxpayer

BIR Commissioner Charlito Martin R. Mendoza

asr-005090

at may daladalang

BIR Commissioner Charlito Martin R. Mendoza

asr-005091

purportedly

BIR Commissioner Charlito Martin R. Mendoza

asr-005092

letter of authority

BIR Commissioner Charlito Martin R. Mendoza

asr-005093

so hindi alam

BIR Commissioner Charlito Martin R. Mendoza

asr-005094

nung taxpayer

BIR Commissioner Charlito Martin R. Mendoza

asr-005095

kung ito ba talaga

BIR Commissioner Charlito Martin R. Mendoza

asr-005096

i-legitimate na letter

BIR Commissioner Charlito Martin R. Mendoza

asr-005097

of authority

BIR Commissioner Charlito Martin R. Mendoza

asr-005098

malayo naman

BIR Commissioner Charlito Martin R. Mendoza

asr-005099

ng opisina ng RDO

BIR Commissioner Charlito Martin R. Mendoza

asr-005100

to verify

BIR Commissioner Charlito Martin R. Mendoza

asr-005101

kaya po early this year

BIR Commissioner Charlito Martin R. Mendoza

asr-005102

gumawa po tayo

BIR Commissioner Charlito Martin R. Mendoza

asr-005103

ng system

BIR Commissioner Charlito Martin R. Mendoza

asr-005104

yung ating tinatawag

BIR Commissioner Charlito Martin R. Mendoza

asr-005105

na LOA verifier

BIR Commissioner Charlito Martin R. Mendoza

asr-005106

na available ho

BIR Commissioner Charlito Martin R. Mendoza

asr-005107

sa website namin

BIR Commissioner Charlito Martin R. Mendoza

asr-005108

i-input lang po nila

BIR Commissioner Charlito Martin R. Mendoza

asr-005109

ang pangal

BIR Commissioner Charlito Martin R. Mendoza

asr-005110

ang tax identification number

BIR Commissioner Charlito Martin R. Mendoza

asr-005111

masasabihin po

BIR Commissioner Charlito Martin R. Mendoza

asr-005112

ngayon

BIR Commissioner Charlito Martin R. Mendoza

asr-005113

ng system

BIR Commissioner Charlito Martin R. Mendoza

asr-005114

kung legitimate ho

BIR Commissioner Charlito Martin R. Mendoza

asr-005115

yung letter of authority

BIR Commissioner Charlito Martin R. Mendoza

asr-005116

na in-issue ng DIR

BIR Commissioner Charlito Martin R. Mendoza

asr-005117

so ilan po ito

BIR Commissioner Charlito Martin R. Mendoza

asr-005118

sa mga reforms

BIR Commissioner Charlito Martin R. Mendoza

asr-005119

significant reforms

BIR Commissioner Charlito Martin R. Mendoza

asr-005120

na ginawa natin

BIR Commissioner Charlito Martin R. Mendoza

asr-005121

but patuloy po natin

BIR Commissioner Charlito Martin R. Mendoza

asr-005122

tinututukan itong area na ito

BIR Commissioner Charlito Martin R. Mendoza

asr-005123

sapagkat palagi nga po

BIR Commissioner Charlito Martin R. Mendoza

asr-005124

ang cost ng friction

BIR Commissioner Charlito Martin R. Mendoza

asr-005125

with our taxpayers

BIR Commissioner Charlito Martin R. Mendoza

asr-005126

and we continue

BIR Commissioner Charlito Martin R. Mendoza

asr-005127

to address this concern

BIR Commissioner Charlito Martin R. Mendoza

asr-005128

and you can rest assured po

BIR Commissioner Charlito Martin R. Mendoza

asr-005129

Mr. Chair

BIR Commissioner Charlito Martin R. Mendoza

asr-005130

na patuloy po namin

BIR Commissioner Charlito Martin R. Mendoza

asr-005131

tinututukan ito

BIR Commissioner Charlito Martin R. Mendoza

asr-005132

at ina-address po namin

BIR Commissioner Charlito Martin R. Mendoza

asr-005133

ang mga concerns

BIR Commissioner Charlito Martin R. Mendoza

asr-005134

ng ating mga taxpayers

BIR Commissioner Charlito Martin R. Mendoza

asr-005135

maraming salamat po

Senator Christopher Lawrence T. Go

asr-005136

salamat

Senator Christopher Lawrence T. Go

asr-005137

Commissioner Mendoza

Senator Christopher Lawrence T. Go

asr-005138

ah

Senator Christopher Lawrence T. Go

asr-005139

ah

Senator Christopher Lawrence T. Go

asr-005140

ah

Senator Christopher Lawrence T. Go

asr-005141

,

Senator Christopher Lawrence T. Go

asr-005142

hindi ko ba'y naniniwala

Senator Christopher Lawrence T. Go

asr-005143

na

Senator Christopher Lawrence T. Go

asr-005144

wala nang

Senator Christopher Lawrence T. Go

asr-005145

abuso

Senator Christopher Lawrence T. Go

asr-005146

ngayon na nangyayari

Senator Christopher Lawrence T. Go

asr-005147

ginagamit yung

Senator Christopher Lawrence T. Go

asr-005148

LOA

BIR Commissioner Charlito Martin R. Mendoza

asr-005149

palagay ko po

BIR Commissioner Charlito Martin R. Mendoza

asr-005150

meron pa rin po yan

BIR Commissioner Charlito Martin R. Mendoza

asr-005151

ah

BIR Commissioner Charlito Martin R. Mendoza

asr-005152

hindi ko po masasabi

BIR Commissioner Charlito Martin R. Mendoza

asr-005153

100%

BIR Commissioner Charlito Martin R. Mendoza

asr-005154

na wala na pong nangyayaring

BIR Commissioner Charlito Martin R. Mendoza

asr-005155

pang-aabuso

BIR Commissioner Charlito Martin R. Mendoza

asr-005156

sa palagay ko ho

BIR Commissioner Charlito Martin R. Mendoza

asr-005157

nangyayari pa rin yan

BIR Commissioner Charlito Martin R. Mendoza

asr-005158

but on our part ho

BIR Commissioner Charlito Martin R. Mendoza

asr-005159

hindi po natin

BIR Commissioner Charlito Martin R. Mendoza

asr-005160

tinutolerate yan

BIR Commissioner Charlito Martin R. Mendoza

asr-005161

kaya nga po

BIR Commissioner Charlito Martin R. Mendoza

asr-005162

ini-encourage natin

BIR Commissioner Charlito Martin R. Mendoza

asr-005163

yung mga taxpayers natin

BIR Commissioner Charlito Martin R. Mendoza

asr-005164

na kung mayroon silang reklamo

BIR Commissioner Charlito Martin R. Mendoza

asr-005165

iparating sa amin

BIR Commissioner Charlito Martin R. Mendoza

asr-005166

iparating mismo sa akin

BIR Commissioner Charlito Martin R. Mendoza

asr-005167

at yan naman po

BIR Commissioner Charlito Martin R. Mendoza

asr-005168

ay agad na aaksyonan natin

BIR Commissioner Charlito Martin R. Mendoza

asr-005169

in the same way

BIR Commissioner Charlito Martin R. Mendoza

asr-005170

na mga previous complaints

BIR Commissioner Charlito Martin R. Mendoza

asr-005171

ay kagad po natin

BIR Commissioner Charlito Martin R. Mendoza

asr-005172

inaksyonan

Senator Christopher Lawrence T. Go

asr-005173

Salamat po

Senator Christopher Lawrence T. Go

asr-005174

please lang po

Senator Christopher Lawrence T. Go

asr-005175

yan lang po pakiusap ko

Senator Christopher Lawrence T. Go

asr-005176

sa inyo

Senator Christopher Lawrence T. Go

asr-005177

Secretary Frederick Go

Senator Christopher Lawrence T. Go

asr-005178

Commissioner Ariel Nepomuceno

Senator Christopher Lawrence T. Go

asr-005179

Commissioner

Senator Christopher Lawrence T. Go

asr-005180

Charlito

Senator Christopher Lawrence T. Go

asr-005181

Martin Mendoza

Senator Christopher Lawrence T. Go

asr-005182

alam nyo

Senator Christopher Lawrence T. Go

asr-005183

yung Pilipino

Senator Christopher Lawrence T. Go

asr-005184

pag nakarinig sila

Senator Christopher Lawrence T. Go

asr-005185

ng BIR

Senator Christopher Lawrence T. Go

asr-005186

o

Senator Christopher Lawrence T. Go

asr-005187

customs

Senator Christopher Lawrence T. Go

asr-005188

noon no

Senator Christopher Lawrence T. Go

asr-005189

yun ang nagiging

Senator Christopher Lawrence T. Go

asr-005190

maalala nila

Senator Christopher Lawrence T. Go

asr-005191

nagiging allergic sila

Senator Christopher Lawrence T. Go

asr-005192

pag BIR na po

Senator Christopher Lawrence T. Go

asr-005193

kung gusto nyo pong

Senator Christopher Lawrence T. Go

asr-005194

makikita

Senator Christopher Lawrence T. Go

asr-005195

maalala kayo ng Pilipino

Senator Christopher Lawrence T. Go

asr-005196

especially

Senator Christopher Lawrence T. Go

asr-005197

Secretary Frederick Go

Senator Christopher Lawrence T. Go

asr-005198

you leave a mark

Senator Christopher Lawrence T. Go

asr-005199

sa utak ng

Senator Christopher Lawrence T. Go

asr-005200

Pilipino

Senator Christopher Lawrence T. Go

asr-005201

at hindi ka nila

Senator Christopher Lawrence T. Go

asr-005202

malilimutan

Senator Christopher Lawrence T. Go

asr-005203

tanggalin nyo po

Senator Christopher Lawrence T. Go

asr-005204

yung corruption

Senator Christopher Lawrence T. Go

asr-005205

sa gobyerno

Senator Christopher Lawrence T. Go

asr-005206

tanggalin nyo po

Senator Christopher Lawrence T. Go

asr-005207

yung corruption

Senator Christopher Lawrence T. Go

asr-005208

sa BIR

Senator Christopher Lawrence T. Go

asr-005209

tanggalin nyo po

Senator Christopher Lawrence T. Go

asr-005210

yung corruption

Senator Christopher Lawrence T. Go

asr-005211

sa customs

Senator Christopher Lawrence T. Go

asr-005212

tanggalin nyo po

Senator Christopher Lawrence T. Go

asr-005213

yung lagay

Senator Christopher Lawrence T. Go

asr-005214

tanggalin nyo po

Senator Christopher Lawrence T. Go

asr-005215

yung areglo

Senator Christopher Lawrence T. Go

asr-005216

tanggalin nyo po

Senator Christopher Lawrence T. Go

asr-005217

yung corruption

Senator Christopher Lawrence T. Go

asr-005218

Salamat

Senator Christopher Lawrence T. Go

asr-005219

Secretary Go

Senator Joseph Victor "JV" G. Ejercito

asr-005220

Sigur, dagdaga ko na lang

Senator Joseph Victor "JV" G. Ejercito

asr-005221

were there any

Senator Joseph Victor "JV" G. Ejercito

asr-005222

BIR employees

Senator Joseph Victor "JV" G. Ejercito

asr-005223

that have been investigated

Senator Joseph Victor "JV" G. Ejercito

asr-005224

dahil dito sa pang-aabuso

Senator Joseph Victor "JV" G. Ejercito

asr-005225

ng

Senator Joseph Victor "JV" G. Ejercito

asr-005226

letter of authority?

BIR Commissioner Charlito Martin R. Mendoza

asr-005227

Marami po

BIR Commissioner Charlito Martin R. Mendoza

asr-005228

marami po tayong

BIR Commissioner Charlito Martin R. Mendoza

asr-005229

ongoing investigations

BIR Commissioner Charlito Martin R. Mendoza

asr-005230

involving BIR personnel

BIR Commissioner Charlito Martin R. Mendoza

asr-005231

marami po

BIR Commissioner Charlito Martin R. Mendoza

asr-005232

ang undergoing

BIR Commissioner Charlito Martin R. Mendoza

asr-005233

preliminary evaluation

BIR Commissioner Charlito Martin R. Mendoza

asr-005234

at marami din po

BIR Commissioner Charlito Martin R. Mendoza

asr-005235

mas marami po

BIR Commissioner Charlito Martin R. Mendoza

asr-005236

yung may

BIR Commissioner Charlito Martin R. Mendoza

asr-005237

formal charge na

BIR Commissioner Charlito Martin R. Mendoza

asr-005238

and undergoing

BIR Commissioner Charlito Martin R. Mendoza

asr-005239

formal

BIR Commissioner Charlito Martin R. Mendoza

asr-005240

administrative investigation

BIR Commissioner Charlito Martin R. Mendoza

asr-005241

sa BIR po

Senator Joseph Victor "JV" G. Ejercito

asr-005242

Thank you

DOF Secretary Frederick D. Go

asr-005243

Mr. Chair

DOF Secretary Frederick D. Go

asr-005244

Your Honor

DOF Secretary Frederick D. Go

asr-005245

Yeah

DOF Secretary Frederick D. Go

asr-005246

I just wanted to

DOF Secretary Frederick D. Go

asr-005247

close the

DOF Secretary Frederick D. Go

asr-005248

discussion earlier

DOF Secretary Frederick D. Go

asr-005249

binanggit po ni

DOF Secretary Frederick D. Go

asr-005250

Senator Bongo

DOF Secretary Frederick D. Go

asr-005251

Tama po kayo

DOF Secretary Frederick D. Go

asr-005252

marami pong

DOF Secretary Frederick D. Go

asr-005253

kaibigan na negosyante

DOF Secretary Frederick D. Go

asr-005254

marami pong kilala

DOF Secretary Frederick D. Go

asr-005255

sa mundo ng

DOF Secretary Frederick D. Go

asr-005256

pagnenegosyo

DOF Secretary Frederick D. Go

asr-005257

Ang basehan ko na lang po

DOF Secretary Frederick D. Go

asr-005258

ay

DOF Secretary Frederick D. Go

asr-005259

ang volume

DOF Secretary Frederick D. Go

asr-005260

of complaints

DOF Secretary Frederick D. Go

asr-005261

I received

DOF Secretary Frederick D. Go

asr-005262

and I'm very

DOF Secretary Frederick D. Go

asr-005263

happy to tell you

DOF Secretary Frederick D. Go

asr-005264

to tell this committee

DOF Secretary Frederick D. Go

asr-005265

that actually

DOF Secretary Frederick D. Go

asr-005266

under the leadership

DOF Secretary Frederick D. Go

asr-005267

of Commissioner Mendoza

DOF Secretary Frederick D. Go

asr-005268

talagang bumaba po

DOF Secretary Frederick D. Go

asr-005269

ang number of

DOF Secretary Frederick D. Go

asr-005270

complaints

DOF Secretary Frederick D. Go

asr-005271

So sa tanong nyo po

DOF Secretary Frederick D. Go

asr-005272

kung meron pa

DOF Secretary Frederick D. Go

asr-005273

ang harassment

DOF Secretary Frederick D. Go

asr-005274

or meron pa ba

DOF Secretary Frederick D. Go

asr-005275

ang corruption

DOF Secretary Frederick D. Go

asr-005276

meron pa akong

DOF Secretary Frederick D. Go

asr-005277

natatanggap na

DOF Secretary Frederick D. Go

asr-005278

reklamo

DOF Secretary Frederick D. Go

asr-005279

pero talagang

DOF Secretary Frederick D. Go

asr-005280

bumaba ang

DOF Secretary Frederick D. Go

asr-005281

number of

DOF Secretary Frederick D. Go

asr-005282

complaints

DOF Secretary Frederick D. Go

asr-005283

na natatanggap ko po

DOF Secretary Frederick D. Go

asr-005284

I

DOF Secretary Frederick D. Go

asr-005285

I

DOF Secretary Frederick D. Go

asr-005286

understand where

DOF Secretary Frederick D. Go

asr-005287

you're coming from

DOF Secretary Frederick D. Go

asr-005288

Your Honor

DOF Secretary Frederick D. Go

asr-005289

kasi I know you're

DOF Secretary Frederick D. Go

asr-005290

an advocate of the ease

DOF Secretary Frederick D. Go

asr-005291

of doing business

DOF Secretary Frederick D. Go

asr-005292

na lalang

DOF Secretary Frederick D. Go

asr-005293

ko po

DOF Secretary Frederick D. Go

asr-005294

yung ginagawa mo dati

DOF Secretary Frederick D. Go

asr-005295

puro tulong dito

DOF Secretary Frederick D. Go

asr-005296

tulong dun

DOF Secretary Frederick D. Go

asr-005297

at

Senator Christopher Lawrence T. Go

asr-005298

mas mapabilis

Senator Christopher Lawrence T. Go

asr-005299

yung proseso

Senator Christopher Lawrence T. Go

asr-005300

huwag natin

Senator Christopher Lawrence T. Go

asr-005301

pahirapan

Senator Christopher Lawrence T. Go

asr-005302

yung mga kababayan

DOF Secretary Frederick D. Go

asr-005303

Yes

DOF Secretary Frederick D. Go

asr-005304

exactly

DOF Secretary Frederick D. Go

asr-005305

yan po ang

DOF Secretary Frederick D. Go

asr-005306

advocacy ko po

DOF Secretary Frederick D. Go

asr-005307

ngayon

DOF Secretary Frederick D. Go

asr-005308

sa

DOF Secretary Frederick D. Go

asr-005309

attached agencies

DOF Secretary Frederick D. Go

asr-005310

ng DOF

DOF Secretary Frederick D. Go

asr-005311

na

DOF Secretary Frederick D. Go

asr-005312

to find ways

DOF Secretary Frederick D. Go

asr-005313

to make life easier

DOF Secretary Frederick D. Go

asr-005314

to find ways

DOF Secretary Frederick D. Go

asr-005315

to make things faster

DOF Secretary Frederick D. Go

asr-005316

and

DOF Secretary Frederick D. Go

asr-005317

to find ways

DOF Secretary Frederick D. Go

asr-005318

to make

DOF Secretary Frederick D. Go

asr-005319

process simpler

DOF Secretary Frederick D. Go

asr-005320

ganun po

DOF Secretary Frederick D. Go

asr-005321

ang mga

DOF Secretary Frederick D. Go

asr-005322

mga

DOF Secretary Frederick D. Go

asr-005323

ina-advocate ko po

DOF Secretary Frederick D. Go

asr-005324

dito

DOF Secretary Frederick D. Go

asr-005325

so nagpapasalamat po ako

DOF Secretary Frederick D. Go

asr-005326

na you brought up

DOF Secretary Frederick D. Go

asr-005327

these matters

DOF Secretary Frederick D. Go

asr-005328

and

DOF Secretary Frederick D. Go

asr-005329

I really think that

DOF Secretary Frederick D. Go

asr-005330

the reforms at the BIR

DOF Secretary Frederick D. Go

asr-005331

have really helped

DOF Secretary Frederick D. Go

asr-005332

helped the image

DOF Secretary Frederick D. Go

asr-005333

of the BIR

DOF Secretary Frederick D. Go

asr-005334

and

DOF Secretary Frederick D. Go

asr-005335

we'll keep working at it

DOF Secretary Frederick D. Go

asr-005336

Your Honor

Senator Christopher Lawrence T. Go

asr-005337

Salamat

Senator Christopher Lawrence T. Go

asr-005338

go ahead

Senator Christopher Lawrence T. Go

asr-005339

and

Senator Christopher Lawrence T. Go

asr-005340

just do what is right

Senator Christopher Lawrence T. Go

asr-005341

Secretary Goh

Senator Christopher Lawrence T. Go

asr-005342

maraming salamat

Senator Christopher Lawrence T. Go

asr-005343

supporta lang po kami

Senator Christopher Lawrence T. Go

asr-005344

sa inyo

Senator Christopher Lawrence T. Go

asr-005345

na gawin po

Senator Christopher Lawrence T. Go

asr-005346

yung

Senator Christopher Lawrence T. Go

asr-005347

tama

Senator Christopher Lawrence T. Go

asr-005348

para sa ating

Senator Christopher Lawrence T. Go

asr-005349

mga kababayang

Senator Christopher Lawrence T. Go

asr-005350

Pilipino

Senator Christopher Lawrence T. Go

asr-005351

lalong lalo na po

Senator Christopher Lawrence T. Go

asr-005352

yung mga

Senator Christopher Lawrence T. Go

asr-005353

Pilipino

Senator Christopher Lawrence T. Go

asr-005354

na gusto lang po

Senator Christopher Lawrence T. Go

asr-005355

mamuhay

Senator Christopher Lawrence T. Go

asr-005356

ng maayos

Senator Christopher Lawrence T. Go

asr-005357

tahimik

Senator Christopher Lawrence T. Go

asr-005358

sa araw-araw

Senator Christopher Lawrence T. Go

asr-005359

na kanilang

Senator Christopher Lawrence T. Go

asr-005360

pamumuhay

Senator Christopher Lawrence T. Go

asr-005361

salamat po

Senator Christopher Lawrence T. Go

asr-005362

Secretary Goh

Senator Christopher Lawrence T. Go

asr-005363

salamat sa lahat

Senator Christopher Lawrence T. Go

asr-005364

ng attached agencies

Senator Christopher Lawrence T. Go

asr-005365

nandito

Senator Christopher Lawrence T. Go

asr-005366

yung iba sa inyo

Senator Christopher Lawrence T. Go

asr-005367

nakatrabaho ko rin po

Senator Christopher Lawrence T. Go

asr-005368

thank you for your

Senator Christopher Lawrence T. Go

asr-005369

services

Senator Christopher Lawrence T. Go

asr-005370

sa ating

Senator Christopher Lawrence T. Go

asr-005371

bayan

Senator Christopher Lawrence T. Go

asr-005372

you have

Senator Christopher Lawrence T. Go

asr-005373

our support here

Senator Christopher Lawrence T. Go

asr-005374

sa Senado

Senator Christopher Lawrence T. Go

asr-005375

basta gawin nyo

Senator Christopher Lawrence T. Go

asr-005376

lang po yung

Senator Christopher Lawrence T. Go

asr-005377

na tama

Senator Christopher Lawrence T. Go

asr-005378

unahin ang

Senator Christopher Lawrence T. Go

asr-005379

interest ng bayan

Senator Christopher Lawrence T. Go

asr-005380

unahin po

Senator Christopher Lawrence T. Go

asr-005381

interest ng

Senator Christopher Lawrence T. Go

asr-005382

bawat Pilipino

Senator Christopher Lawrence T. Go

asr-005383

salamat po

Senator Christopher Lawrence T. Go

asr-005384

Mr. Chair

Senator Joseph Victor "JV" G. Ejercito

asr-005385

thank you

Senator Joseph Victor "JV" G. Ejercito

asr-005386

Senator Bongo

Senator Christopher Lawrence T. Go

asr-005387

thank you

DOF Secretary Frederick D. Go

asr-005388

thank you for the

DOF Secretary Frederick D. Go

asr-005389

trust and confidence

DOF Secretary Frederick D. Go

asr-005390

Senator Bongo

Senator Joseph Victor "JV" G. Ejercito

asr-005391

yes

Senator Joseph Victor "JV" G. Ejercito

asr-005392

Commissioner Ariel

BOC Commissioner Ariel F. Nepomuceno

asr-005393

iulat ko lang po

BOC Commissioner Ariel F. Nepomuceno

asr-005394

na mabilis

BOC Commissioner Ariel F. Nepomuceno

asr-005395

para kumpleto po

BOC Commissioner Ariel F. Nepomuceno

asr-005396

yung

BOC Commissioner Ariel F. Nepomuceno

asr-005397

sagot po

BOC Commissioner Ariel F. Nepomuceno

asr-005398

ng BOC

BOC Commissioner Ariel F. Nepomuceno

asr-005399

sa katanungan

BOC Commissioner Ariel F. Nepomuceno

asr-005400

ni Secretary

BOC Commissioner Ariel F. Nepomuceno

asr-005401

ni Senator Bongo

BOC Commissioner Ariel F. Nepomuceno

asr-005402

kanina

BOC Commissioner Ariel F. Nepomuceno

asr-005403

kung may korupsyon

BOC Commissioner Ariel F. Nepomuceno

asr-005404

kung pagbabasayan po

BOC Commissioner Ariel F. Nepomuceno

asr-005405

natin

BOC Commissioner Ariel F. Nepomuceno

asr-005406

kailangan ko pong

BOC Commissioner Ariel F. Nepomuceno

asr-005407

banggitin kasi

BOC Commissioner Ariel F. Nepomuceno

asr-005408

para ma-encourage

BOC Commissioner Ariel F. Nepomuceno

asr-005409

naman po yung aming

BOC Commissioner Ariel F. Nepomuceno

asr-005410

mga tauhan

BOC Commissioner Ariel F. Nepomuceno

asr-005411

we have more than

BOC Commissioner Ariel F. Nepomuceno

asr-005412

5,000

BOC Commissioner Ariel F. Nepomuceno

asr-005413

personnel

BOC Commissioner Ariel F. Nepomuceno

asr-005414

upang ma-encourage

BOC Commissioner Ariel F. Nepomuceno

asr-005415

naman po yung mga

BOC Commissioner Ariel F. Nepomuceno

asr-005416

gumagawa po

BOC Commissioner Ariel F. Nepomuceno

asr-005417

ng maayos na

BOC Commissioner Ariel F. Nepomuceno

asr-005418

trabaho

BOC Commissioner Ariel F. Nepomuceno

asr-005419

kailangan banggitin ko po

BOC Commissioner Ariel F. Nepomuceno

asr-005420

na while it's true

BOC Commissioner Ariel F. Nepomuceno

asr-005421

that

BOC Commissioner Ariel F. Nepomuceno

asr-005422

there are still

BOC Commissioner Ariel F. Nepomuceno

asr-005423

reports on

BOC Commissioner Ariel F. Nepomuceno

asr-005424

bad practices

BOC Commissioner Ariel F. Nepomuceno

asr-005425

on corruption

BOC Commissioner Ariel F. Nepomuceno

asr-005426

kung pagbabasayan po

BOC Commissioner Ariel F. Nepomuceno

asr-005427

natin yung

BOC Commissioner Ariel F. Nepomuceno

asr-005428

koleksyon

BOC Commissioner Ariel F. Nepomuceno

asr-005429

ito po ang

BOC Commissioner Ariel F. Nepomuceno

asr-005430

pinakamabisang

BOC Commissioner Ariel F. Nepomuceno

asr-005431

sukatan

BOC Commissioner Ariel F. Nepomuceno

asr-005432

kung maganda po

BOC Commissioner Ariel F. Nepomuceno

asr-005433

yung nangyayari

BOC Commissioner Ariel F. Nepomuceno

asr-005434

prior to the

BOC Commissioner Ariel F. Nepomuceno

asr-005435

full automation

BOC Commissioner Ariel F. Nepomuceno

asr-005436

next year

BOC Commissioner Ariel F. Nepomuceno

asr-005437

ang koleksyon po

BOC Commissioner Ariel F. Nepomuceno

asr-005438

ng BOC

BOC Commissioner Ariel F. Nepomuceno

asr-005439

from January 1

BOC Commissioner Ariel F. Nepomuceno

asr-005440

this year

BOC Commissioner Ariel F. Nepomuceno

asr-005441

until end of August

BOC Commissioner Ariel F. Nepomuceno

asr-005442

ang target po namin

BOC Commissioner Ariel F. Nepomuceno

asr-005443

ay

BOC Commissioner Ariel F. Nepomuceno

asr-005444

659 billion

BOC Commissioner Ariel F. Nepomuceno

asr-005445

dun po sa bagong

BOC Commissioner Ariel F. Nepomuceno

asr-005446

target

BOC Commissioner Ariel F. Nepomuceno

asr-005447

ang nabigay na po

BOC Commissioner Ariel F. Nepomuceno

asr-005448

ng Bureau of Customs

BOC Commissioner Ariel F. Nepomuceno

asr-005449

na hit po natin

BOC Commissioner Ariel F. Nepomuceno

asr-005450

yung 659

BOC Commissioner Ariel F. Nepomuceno

asr-005451

lampas pa po tayo

BOC Commissioner Ariel F. Nepomuceno

asr-005452

we were able to

BOC Commissioner Ariel F. Nepomuceno

asr-005453

deliver

BOC Commissioner Ariel F. Nepomuceno

asr-005454

664

BOC Commissioner Ariel F. Nepomuceno

asr-005455

billion pesos

BOC Commissioner Ariel F. Nepomuceno

asr-005456

ibig sabihin

BOC Commissioner Ariel F. Nepomuceno

asr-005457

more than 5 billion

BOC Commissioner Ariel F. Nepomuceno

asr-005458

po yung ating

BOC Commissioner Ariel F. Nepomuceno

asr-005459

excess

BOC Commissioner Ariel F. Nepomuceno

asr-005460

again

BOC Commissioner Ariel F. Nepomuceno

asr-005461

pag tinignan nyo po yan

BOC Commissioner Ariel F. Nepomuceno

asr-005462

mahalaga pong

BOC Commissioner Ariel F. Nepomuceno

asr-005463

maintindihan po natin

BOC Commissioner Ariel F. Nepomuceno

asr-005464

na yung volume

BOC Commissioner Ariel F. Nepomuceno

asr-005465

of importation

BOC Commissioner Ariel F. Nepomuceno

asr-005466

bumaba

BOC Commissioner Ariel F. Nepomuceno

asr-005467

iba iba pong mga items

BOC Commissioner Ariel F. Nepomuceno

asr-005468

merong bumaba

BOC Commissioner Ariel F. Nepomuceno

asr-005469

ng 3%

BOC Commissioner Ariel F. Nepomuceno

asr-005470

8%

BOC Commissioner Ariel F. Nepomuceno

asr-005471

10%

BOC Commissioner Ariel F. Nepomuceno

asr-005472

kahit na po

BOC Commissioner Ariel F. Nepomuceno

asr-005473

bumaba po yung

BOC Commissioner Ariel F. Nepomuceno

asr-005474

volume of importations

BOC Commissioner Ariel F. Nepomuceno

asr-005475

tumaas naman po

BOC Commissioner Ariel F. Nepomuceno

asr-005476

yung ating koleksyon

BOC Commissioner Ariel F. Nepomuceno

asr-005477

ang ibig sabihin

BOC Commissioner Ariel F. Nepomuceno

asr-005478

maaaring

BOC Commissioner Ariel F. Nepomuceno

asr-005479

meron na po tayong

BOC Commissioner Ariel F. Nepomuceno

asr-005480

mga na-achieve

BOC Commissioner Ariel F. Nepomuceno

asr-005481

because of the reforms

BOC Commissioner Ariel F. Nepomuceno

asr-005482

we're doing

BOC Commissioner Ariel F. Nepomuceno

asr-005483

in the Bureau of Customs

BOC Commissioner Ariel F. Nepomuceno

asr-005484

nagkakaroon na po tayo

BOC Commissioner Ariel F. Nepomuceno

asr-005485

ng collection efficiency

BOC Commissioner Ariel F. Nepomuceno

asr-005486

so much so

BOC Commissioner Ariel F. Nepomuceno

asr-005487

na pag

BOC Commissioner Ariel F. Nepomuceno

asr-005488

ihihahambing po natin

BOC Commissioner Ariel F. Nepomuceno

asr-005489

yung koleksyon po

BOC Commissioner Ariel F. Nepomuceno

asr-005490

ng BOC

BOC Commissioner Ariel F. Nepomuceno

asr-005491

for the same period

BOC Commissioner Ariel F. Nepomuceno

asr-005492

last year

BOC Commissioner Ariel F. Nepomuceno

asr-005493

ng 2025

BOC Commissioner Ariel F. Nepomuceno

asr-005494

mahigit 43 billion po

BOC Commissioner Ariel F. Nepomuceno

asr-005495

yung taas po

BOC Commissioner Ariel F. Nepomuceno

asr-005496

ng ating koleksyon

BOC Commissioner Ariel F. Nepomuceno

asr-005497

for the same period

BOC Commissioner Ariel F. Nepomuceno

asr-005498

last year

BOC Commissioner Ariel F. Nepomuceno

asr-005499

ah ito

BOC Commissioner Ariel F. Nepomuceno

asr-005500

hindi naman po

BOC Commissioner Ariel F. Nepomuceno

asr-005501

dahil sa akin

BOC Commissioner Ariel F. Nepomuceno

asr-005502

ito po yung trabaho po

BOC Commissioner Ariel F. Nepomuceno

asr-005503

ng mga kasamaan ko

BOC Commissioner Ariel F. Nepomuceno

asr-005504

lalong lalo na po

BOC Commissioner Ariel F. Nepomuceno

asr-005505

ang mga port collectors

BOC Commissioner Ariel F. Nepomuceno

asr-005506

po natin

BOC Commissioner Ariel F. Nepomuceno

asr-005507

again

BOC Commissioner Ariel F. Nepomuceno

asr-005508

inuulat po lang po natin yan

BOC Commissioner Ariel F. Nepomuceno

asr-005509

upang ma-appreciate po natin

BOC Commissioner Ariel F. Nepomuceno

asr-005510

na kahit hindi pa po

BOC Commissioner Ariel F. Nepomuceno

asr-005511

na po po

BOC Commissioner Ariel F. Nepomuceno

asr-005512

le-automated

BOC Commissioner Ariel F. Nepomuceno

asr-005513

ang ating proseso

BOC Commissioner Ariel F. Nepomuceno

asr-005514

meron na po tayong

BOC Commissioner Ariel F. Nepomuceno

asr-005515

mga

BOC Commissioner Ariel F. Nepomuceno

asr-005516

nagagawa

BOC Commissioner Ariel F. Nepomuceno

asr-005517

para po sa bansa

Senator Joseph Victor "JV" G. Ejercito

asr-005518

siguro

Senator Joseph Victor "JV" G. Ejercito

asr-005519

quickly lang no

Senator Joseph Victor "JV" G. Ejercito

asr-005520

siguro kay

Senator Joseph Victor "JV" G. Ejercito

asr-005521

Commissioner Charlito Mendoza

Senator Joseph Victor "JV" G. Ejercito

asr-005522

no

Senator Joseph Victor "JV" G. Ejercito

asr-005523

salamat sa iyong reforms

Senator Joseph Victor "JV" G. Ejercito

asr-005524

that you instituted

Senator Joseph Victor "JV" G. Ejercito

asr-005525

when you

Senator Joseph Victor "JV" G. Ejercito

asr-005526

assumed

Senator Joseph Victor "JV" G. Ejercito

asr-005527

as a chairman

Senator Joseph Victor "JV" G. Ejercito

asr-005528

as a commissioner

Senator Joseph Victor "JV" G. Ejercito

asr-005529

of the BIR

Senator Joseph Victor "JV" G. Ejercito

asr-005530

sana nga

Senator Joseph Victor "JV" G. Ejercito

asr-005531

matapos na yung

Senator Joseph Victor "JV" G. Ejercito

asr-005532

kaya ko

Senator Joseph Victor "JV" G. Ejercito

asr-005533

inangal ito noon

Senator Joseph Victor "JV" G. Ejercito

asr-005534

sabi ko nga

Senator Joseph Victor "JV" G. Ejercito

asr-005535

ang reports kasi

Senator Joseph Victor "JV" G. Ejercito

asr-005536

eh

Senator Joseph Victor "JV" G. Ejercito

asr-005537

doon po

Senator Joseph Victor "JV" G. Ejercito

asr-005538

halimbawa

Senator Joseph Victor "JV" G. Ejercito

asr-005539

nagkaroon ng

Senator Joseph Victor "JV" G. Ejercito

asr-005540

nagkaroon ng

Senator Joseph Victor "JV" G. Ejercito

asr-005541

ng pag-uusap

Senator Joseph Victor "JV" G. Ejercito

asr-005542

no

Senator Joseph Victor "JV" G. Ejercito

asr-005543

halimbawa

Senator Joseph Victor "JV" G. Ejercito

asr-005544

ito yung assessment

Senator Joseph Victor "JV" G. Ejercito

asr-005545

tapos ito yung

Senator Joseph Victor "JV" G. Ejercito

asr-005546

final

Senator Joseph Victor "JV" G. Ejercito

asr-005547

ang nakakalungkot

Senator Joseph Victor "JV" G. Ejercito

asr-005548

mas malaki yung

Senator Joseph Victor "JV" G. Ejercito

asr-005549

yung

Senator Joseph Victor "JV" G. Ejercito

asr-005550

binobulsa

Senator Joseph Victor "JV" G. Ejercito

asr-005551

kaysa sa pinapasok

Senator Joseph Victor "JV" G. Ejercito

asr-005552

sa gobyerno eh

Senator Joseph Victor "JV" G. Ejercito

asr-005553

minsan 20-30%

Senator Joseph Victor "JV" G. Ejercito

asr-005554

diba

Senator Joseph Victor "JV" G. Ejercito

asr-005555

sana

Senator Joseph Victor "JV" G. Ejercito

asr-005582

hindi na mangyari yun.

Senator Joseph Victor "JV" G. Ejercito

asr-005583

I hope not.

Senator Joseph Victor "JV" G. Ejercito

asr-005584

But I'm happy to hear about the reforms

Senator Joseph Victor "JV" G. Ejercito

asr-005585

that were instituted by BIR.

Senator Joseph Victor "JV" G. Ejercito

asr-005586

Sana magtuloy-tuloy na at matigil na yung gano'n.

Senator Joseph Victor "JV" G. Ejercito

asr-005587

Nakakalungkot kasi na gano'n yung nangyari

Senator Joseph Victor "JV" G. Ejercito

asr-005588

at that stage.

Senator Joseph Victor "JV" G. Ejercito

asr-005589

At yung nangyari po sana yung

Senator Joseph Victor "JV" G. Ejercito

asr-005590

foreign investors natin.

Senator Joseph Victor "JV" G. Ejercito

asr-005591

Pakiano na lang yun.

Senator Joseph Victor "JV" G. Ejercito

asr-005592

The one I brought to your attention.

Senator Joseph Victor "JV" G. Ejercito

asr-005593

Ang hirap na nga tayo sa foreign investments

Senator Joseph Victor "JV" G. Ejercito

asr-005594

and the reason why I brought this up

Senator Joseph Victor "JV" G. Ejercito

asr-005595

on the floor because it was already

Senator Joseph Victor "JV" G. Ejercito

asr-005596

the chambers and yung mga Japanese

Senator Joseph Victor "JV" G. Ejercito

asr-005597

investors, pati sila naging subject to

Senator Joseph Victor "JV" G. Ejercito

asr-005598

abuse.

Senator Joseph Victor "JV" G. Ejercito

asr-005599

So I'm hoping that you'll pay attention.

Senator Joseph Victor "JV" G. Ejercito

asr-005600

Hirap na nga tayo kung muna investments.

Senator Joseph Victor "JV" G. Ejercito

asr-005601

Huwag natin pong, siguro huwag na natin

Senator Joseph Victor "JV" G. Ejercito

asr-005602

silang abusuhin din.

Senator Joseph Victor "JV" G. Ejercito

asr-005603

Siguro kay Ariel Moceno,

Senator Joseph Victor "JV" G. Ejercito

asr-005604

tanong ko lang, yung pong scanners

Senator Joseph Victor "JV" G. Ejercito

asr-005605

that you intend to produce

Senator Joseph Victor "JV" G. Ejercito

asr-005606

or procure, this will be

Senator Joseph Victor "JV" G. Ejercito

asr-005607

installed in most major ports

Senator Joseph Victor "JV" G. Ejercito

asr-005608

or all ports para wala na

Senator Joseph Victor "JV" G. Ejercito

asr-005609

mabawasan na yung intrusive

Senator Joseph Victor "JV" G. Ejercito

asr-005610

inspection. Tama ba?

BOC Commissioner Ariel F. Nepomuceno

asr-005611

Tama po, Mr. Chair.

BOC Commissioner Ariel F. Nepomuceno

asr-005612

May programa naman pong ginawa po

BOC Commissioner Ariel F. Nepomuceno

asr-005613

yung ating mga tauhan to come out

BOC Commissioner Ariel F. Nepomuceno

asr-005614

with the request po.

Senator Joseph Victor "JV" G. Ejercito

asr-005615

So siguro, how are the shipments

Senator Joseph Victor "JV" G. Ejercito

asr-005616

selected for physical inspection?

Senator Joseph Victor "JV" G. Ejercito

asr-005617

Can officers override the risk engine

Senator Joseph Victor "JV" G. Ejercito

asr-005618

and are overrides audited?

Senator Joseph Victor "JV" G. Ejercito

asr-005619

So paano yung sistema para sa

Senator Joseph Victor "JV" G. Ejercito

asr-005620

physical inspection?

Senator Joseph Victor "JV" G. Ejercito

asr-005621

Random ba yan?

Senator Joseph Victor "JV" G. Ejercito

asr-005622

Or meron tayong reports?

BOC Commissioner Ariel F. Nepomuceno

asr-005623

Mr. Chair, kagaya rin po sa BIR,

BOC Commissioner Ariel F. Nepomuceno

asr-005624

systems generated na po mainly

BOC Commissioner Ariel F. Nepomuceno

asr-005625

yung mga binubuksan po ng

BOC Commissioner Ariel F. Nepomuceno

asr-005626

mga tauhan natin for

BOC Commissioner Ariel F. Nepomuceno

asr-005627

sorry, yung sinasubject po natin

BOC Commissioner Ariel F. Nepomuceno

asr-005628

sa scanning. May sistema po kami

BOC Commissioner Ariel F. Nepomuceno

asr-005629

nung yellow, orange,

BOC Commissioner Ariel F. Nepomuceno

asr-005630

green at red.

BOC Commissioner Ariel F. Nepomuceno

asr-005631

Systems generated na po ito

BOC Commissioner Ariel F. Nepomuceno

asr-005632

sa pamamagitan po ng sinasabi nating

BOC Commissioner Ariel F. Nepomuceno

asr-005633

risk management parameters.

BOC Commissioner Ariel F. Nepomuceno

asr-005634

Pinipili na po ng

BOC Commissioner Ariel F. Nepomuceno

asr-005635

sistema based on the parameters

BOC Commissioner Ariel F. Nepomuceno

asr-005636

that we have set to select

BOC Commissioner Ariel F. Nepomuceno

asr-005637

by way of an automated

BOC Commissioner Ariel F. Nepomuceno

asr-005638

system. Sino po yung

BOC Commissioner Ariel F. Nepomuceno

asr-005639

masasubject po

BOC Commissioner Ariel F. Nepomuceno

asr-005640

sa scanning machines?

Senator Joseph Victor "JV" G. Ejercito

asr-005641

There are still a couple of questions

Senator Joseph Victor "JV" G. Ejercito

asr-005642

for BIR, BOC, and also

Senator Joseph Victor "JV" G. Ejercito

asr-005643

for

Senator Joseph Victor "JV" G. Ejercito

asr-005644

sa ating sekretary.

Senator Joseph Victor "JV" G. Ejercito

asr-005645

But we will just forward it

Senator Joseph Victor "JV" G. Ejercito

asr-005646

to you. And please

Senator Joseph Victor "JV" G. Ejercito

asr-005647

prepare for it

Senator Joseph Victor "JV" G. Ejercito

asr-005648

also for plenary

Senator Joseph Victor "JV" G. Ejercito

asr-005649

discussion para lang handa tayo.

Senator Joseph Victor "JV" G. Ejercito

asr-005650

Sa lahat ng

Senator Joseph Victor "JV" G. Ejercito

asr-005651

issues and topics.

Senator Joseph Victor "JV" G. Ejercito

asr-005652

We will forward the

Senator Joseph Victor "JV" G. Ejercito

asr-005653

others to you. Maraming may mga

Senator Joseph Victor "JV" G. Ejercito

asr-005654

BOS, may mga concern pa sa BOC.

Senator Joseph Victor "JV" G. Ejercito

asr-005655

Meron din sa BIR.

Senator Joseph Victor "JV" G. Ejercito

asr-005656

Just a question. Dito na lang

Senator Joseph Victor "JV" G. Ejercito

asr-005657

sa

Senator Joseph Victor "JV" G. Ejercito

asr-005658

insurance commission. Andito bang

Senator Joseph Victor "JV" G. Ejercito

asr-005659

insurance commission?

Senator Joseph Victor "JV" G. Ejercito

asr-005660

Depcom

Senator Joseph Victor "JV" G. Ejercito

asr-005661

Ermar Benitez. Acting kayo?

Senator Joseph Victor "JV" G. Ejercito

asr-005662

Kaya pong acting ngayon?

Atty. Ermar U. Benitez

asr-005663

Yes, Mr. Chair.

Senator Joseph Victor "JV" G. Ejercito

asr-005664

O, IC po.

Senator Joseph Victor "JV" G. Ejercito

asr-005665

Ito yung ano, no?

Senator Joseph Victor "JV" G. Ejercito

asr-005666

Si Regalado, ba?

Senator Joseph Victor "JV" G. Ejercito

asr-005667

Is that the one?

Senator Joseph Victor "JV" G. Ejercito

asr-005668

Anyway, yung ano lang, question lang.

Senator Joseph Victor "JV" G. Ejercito

asr-005669

Considered PhilHealth is our national social health

Senator Joseph Victor "JV" G. Ejercito

asr-005670

insurer. While the IC regulates

Senator Joseph Victor "JV" G. Ejercito

asr-005671

HMOs and private health

Senator Joseph Victor "JV" G. Ejercito

asr-005672

insurance, may we know what existing

Senator Joseph Victor "JV" G. Ejercito

asr-005673

coordination or collaboration the insurance commission

Senator Joseph Victor "JV" G. Ejercito

asr-005674

has with PhilHealth?

Senator Joseph Victor "JV" G. Ejercito

asr-005675

Meron ba tayong coordination with PhilHealth?

Atty. Ermar U. Benitez

asr-005676

Yes, Mr. Chair. In fact,

Atty. Ermar U. Benitez

asr-005677

we just met with the

Atty. Ermar U. Benitez

asr-005678

with Doc Bev Ho

Atty. Ermar U. Benitez

asr-005679

of the PhilHealth.

Atty. Ermar U. Benitez

asr-005680

Two weeks ago.

Atty. Ermar U. Benitez

asr-005681

Because we were coming up with the

Atty. Ermar U. Benitez

asr-005682

memorandum of agreement

Atty. Ermar U. Benitez

asr-005683

on how we can operationalize

Atty. Ermar U. Benitez

asr-005684

the layering of the two benefits.

Atty. Ermar U. Benitez

asr-005685

The PhilHealth being the

Atty. Ermar U. Benitez

asr-005686

first layer and the

Atty. Ermar U. Benitez

asr-005687

from the

Atty. Ermar U. Benitez

asr-005688

HMOs being the second layer.

Atty. Ermar U. Benitez

asr-005689

And this is with the

Atty. Ermar U. Benitez

asr-005690

coordination with our

Atty. Ermar U. Benitez

asr-005691

secretary. Mr. Chair.

Senator Joseph Victor "JV" G. Ejercito

asr-005692

Ang question lang,

Senator Joseph Victor "JV" G. Ejercito

asr-005693

are Filipinos paying twice of the same

Senator Joseph Victor "JV" G. Ejercito

asr-005694

healthcare benefits?

Senator Joseph Victor "JV" G. Ejercito

asr-005695

How do you ensure that PhilHealth, HMOs,

Senator Joseph Victor "JV" G. Ejercito

asr-005696

and private health insurance complement each other

Senator Joseph Victor "JV" G. Ejercito

asr-005697

so patients get comprehensive

Senator Joseph Victor "JV" G. Ejercito

asr-005698

coverage without paying

Senator Joseph Victor "JV" G. Ejercito

asr-005699

for overlapping benefits?

Atty. Ermar U. Benitez

asr-005700

Mr. Chair,

Atty. Ermar U. Benitez

asr-005701

ang pinag-usapan po namin, which is also being

Atty. Ermar U. Benitez

asr-005702

implemented right now, is that

Atty. Ermar U. Benitez

asr-005703

yung HMO

Atty. Ermar U. Benitez

asr-005704

will already take into consideration

Atty. Ermar U. Benitez

asr-005705

in setting the premium,

Atty. Ermar U. Benitez

asr-005706

the fact of PhilHealth

Atty. Ermar U. Benitez

asr-005707

coverage. And it's already part of our

Atty. Ermar U. Benitez

asr-005708

rating system.

Atty. Ermar U. Benitez

asr-005709

Mr. Chair.

Senator Joseph Victor "JV" G. Ejercito

asr-005710

Does PhilHealth and the Insurance Commission

Senator Joseph Victor "JV" G. Ejercito

asr-005711

regularly share data on claims,

Senator Joseph Victor "JV" G. Ejercito

asr-005712

utilization, healthcare costs,

Senator Joseph Victor "JV" G. Ejercito

asr-005713

and benefit coverage?

Atty. Ermar U. Benitez

asr-005714

To be honest, Your Honor,

Atty. Ermar U. Benitez

asr-005715

we don't have that kind of

Atty. Ermar U. Benitez

asr-005716

smooth mechanism right now.

Atty. Ermar U. Benitez

asr-005717

But with the upcoming

Atty. Ermar U. Benitez

asr-005718

memorandum of agreement,

Atty. Ermar U. Benitez

asr-005719

you can rest assured that we will

Atty. Ermar U. Benitez

asr-005720

include that so that there will

Atty. Ermar U. Benitez

asr-005721

be a more accurate

Atty. Ermar U. Benitez

asr-005722

monitoring of the industry.

Senator Joseph Victor "JV" G. Ejercito

asr-005723

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,

Senator Joseph Victor "JV" G. Ejercito

asr-005724

especially our esteemed resource persons led by Secretary Frederick Go, the DOF family, and the heads of agencies. Maraming salamat.

Senator Joseph Victor "JV" G. Ejercito

asr-005725

Thank you very much for actively participating

Senator Joseph Victor "JV" G. Ejercito

asr-005726

in our discussions today.

Senator Joseph Victor "JV" G. Ejercito

asr-005727

Although

Senator Joseph Victor "JV" G. Ejercito

asr-005728

we're quite early,

Senator Joseph Victor "JV" G. Ejercito

asr-005729

Wala masyadong ano.

Senator Joseph Victor "JV" G. Ejercito

asr-005730

Pasensya na,

Senator Joseph Victor "JV" G. Ejercito

asr-005731

Sorry, we have to do it because of our

Senator Joseph Victor "JV" G. Ejercito

asr-005732

tight schedule. We have to do

Senator Joseph Victor "JV" G. Ejercito

asr-005733

simultaneous hearings.

Senator Joseph Victor "JV" G. Ejercito

asr-005734

But be prepared for

Senator Joseph Victor "JV" G. Ejercito

asr-005735

the plenary kasi nga wala masyadong

Senator Joseph Victor "JV" G. Ejercito

asr-005736

dumating. So,

Senator Joseph Victor "JV" G. Ejercito

asr-005737

be prepared for that.

Senator Joseph Victor "JV" G. Ejercito

asr-005738

So, there being no other questions,

Senator Joseph Victor "JV" G. Ejercito

asr-005739

the budget, the Department of Finance,

Senator Joseph Victor "JV" G. Ejercito

asr-005740

including its attached agencies and corporations

Senator Joseph Victor "JV" G. Ejercito

asr-005741

is deemed submitted for the plenary's

Senator Joseph Victor "JV" G. Ejercito

asr-005742

consideration subject to the discussion

Senator Joseph Victor "JV" G. Ejercito

asr-005743

and submission

Senator Joseph Victor "JV" G. Ejercito

asr-005744

of documents required.

Senator Joseph Victor "JV" G. Ejercito

asr-005745

This briefing is hereby suspended.

Senator Joseph Victor "JV" G. Ejercito

asr-005746

Thank you. Thank you.

DOF Secretary Frederick D. Go

asr-005747

Mr. Chair, when is the plenary

DOF Secretary Frederick D. Go

asr-005748

do you estimate?