MANILA, Philippines — The Office of the Vice President (OVP) will be getting a budget cut in its programs and services amounting to nearly P1.3 billion, according to Marikina Rep. Stella Luz Quimbo, appropriations committee senior vice chairman at the House of Representatives.
In a press conference on Thursday, Quimbo said that the executive committee of the panel approved the removal of P1.293 billion from the OVP’s P2.026 billion budget, of which, P947 million were allocated for financial assistance and P48.3 million for rent and lease expenses.
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