By Ellen T. Tordesillas
In the 2015 budget proposal, “savings” is now defined as portions of allocations that “have not been released or obligated” due to “discontinuance or abandonment of a program, activity or project for justifiable causes, at any time during the validity of the appropriations.”
With this definition, President Aquino and Budget Secretary Florencio Abad can hijack funds allocated to projects under the 2015 General Appropriations Act as what they did with DAP the past three years.