Budget delay kept 420,000 Filipinos poor – economic team

ECONOMIC MESS. Finance Secretary Carlos Dominguez III slams legislators over the delayed 2019 budget, which the government's economic team says caused harm to the poor. File photo by AFPwhich dragged down economic growth for the 1st quarter of 2019 kept the poorest Filipinos poor, according to President Rodrigo Duterte's economic team.

In a Senate hearing on the matter on Monday, May 27, Socioeconomic Planning Undersecretary Rosemarie Edillon said the budget impasse hurt the government's poverty reduction efforts and kept around 420,000 Filipinos poor. Edillon said the stalled budget caused delays in the implementation of infrastructure projects, which in turn, affected job generation.Finance Secretary Carlos Dominguez III also said the budget delay showed"how politicking could harm people."grew at 5.6% in the 1st quarter, a 4-year low that missed the revised target band of 6% to 7%.Lawmakers fought over alleged insertions in the budget, forcing government agencies to operate under a reenacted budget for 4 months.

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