Philippines has inadequate funds for IT

The failure of Congress to ratify the proposed 864 billion peso (US$15.4 billion) 2004 national budget could leave the government with insufficient funds to spend for information technology projects this year. Instead of enacting the 2004 budget, where a proposed additional one billion pesos would have been allocated for IT initiatives, senators and congressmen re-enacted the 804 billion peso 2003 budget after failing to agree on certain issues concerning the 2004 budget proposal.

Virgilio Pe

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