'This centralization of funds previously broken down in specific programs into a single lump sum
is a reversal of efforts towards itemized budgeting since the pork barrel system became an issue in the past administration,' he said in a statement.
Increasing allocations to agencies for social development, such as health, education, and employment, is advocated by SWP, in place of massive amounts in lump sums
. Agencies are required to make regular reports on their expenditures, making transparency and accountability easier to trace and establish.
A 65-year-old man with a pounds 30,000 pension pot would currently get an income of pounds 1,798.44 per year if they didn't take a lump sum
. Taking a lump sum
of pounds 7,500 would reduce his yearly income to pounds 1,366.32, just pounds 432.12, or pounds 36.01 a month, less.
He cited a P6 billion lump sum
that was not related to calamity at all, and covered instead a feasibility study, as well as drainage projects and road networks worth billions.
Budget Secretary Florencio Abad was asked on Thursday by Senate President Franklin Drilon to specify lump sum
, or pork, allocations in the proposed P3-trillion national budget for next year.
We can already submit to the public where are these projects going to dispel all of these unfounded allegations that these are lump sums
, said Drilon.
The senator was reacting to former senator Panfilo Lacson' disclosure that the lump sums
in this year's P2.606 trillion budget has already reached P424 billion and is still counting.
Ibig sabihin ng lump sum
, discsretionary ito at alam naman natin na kapag discretionary 'yung pondo eh napaka-tempting nito para sa corruption, Lacson said in an interview with Radyo Inquirer 990AM.
That's a lump sum
item, the senator said in a phone patch interview when asked if the reported P424-billion lump sum
in the budget was illegal.
of different departments, an agency and the police that Lacson's group found:
"As we have pushed for disaggregating lump sum
funds in the past, we are taking it further in the 2016 national budget.
Budget Secretary Florencio "Butch" Abad earlier explained that the SPF is lump sum
in nature because details have yet to be finalized.