Aug four, 2017 @ 17:59

The chairman of the House appropriations committee on Friday vowed to present the required funding for the “Universal Access to Quality Tertiary Education Act” was signed by President Duterte.

Davao City Rep. Karlo Nograles, House panel chair, stated there may be “plenty of room” to regulate the proposed PHP3.767-trillion national budget for 2018 so as to fund the landmark law to grant free faculty schooling in all state universities and faculties (SUCs) nationwide.

“Education is a great equalizer. It gives the poor the opportunity to change his way of life. We have already reviewed the possible financial implications and complications of this proposal and I can safely say that there is enough money to jumpstart this and sustain it in the long term,” Nograles stated.

Nograles famous that no less than PHP8 billion was allotted within the Higher Education Support Fund within the 2017 budget, stressing that there needs to be no downside to source the funds to bankroll the free faculty schooling law.

“If we were able to do it this semester, I don’t see any reason why we can’t institutionalize it as part of government’s social reform program,” Nograles stated.

The appropriations chair stated the potential sources of the fund might be acquired from unspent funds and unutilized funds within the 2017 budget and unobligated tasks.

He added that the committee will scrutinize the budget of underperforming and underspending businesses. At least PHP8 to 16 billion is required for the free faculty schooling fund subsequent yr.

“We can derive our free college education fund from the allocations of underperforming agencies and those with poor absorptive capacity,” Nograles stated.

“I’m sure we can easily raise at least PHP8 billion which will be programmed in the 2018 national expenditure program for full implementation of the Universal Access to Quality Tertiary Education Act,” he added.

Nograles stated signing the landmark laws into law is a testomony to President Duterte’s dedication to uplift the lives of all Filipinos particularly the poor and marginalized.

“The President deserves the full support and trust of the people for his progressive, responsive and determined leadership in showing the right way towards a meaningful change to achieve a real inclusive development,” he stated.

“President Duterte has just earned the distinction as the only President who succeeded in defying the odds against free tertiary education which other leaders before him had failed to achieve,” he added. (Philippine News Agency)

 

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Source: politics.com.ph