Positive News Media - Senate to restore P143-M budget intended for MOOE of state universities, colleges

10 December 2010

By Perla G. Lena | Positive News Media

positive_mediaILOILO CITY, Dec. 9 (PNA) – The P143-million budget that was slashed from the proposed maintenance and other operating expenses (MOOE) budget of state universities and colleges (SUCs) will be restored.

Senator Ferdinand “Bongbong” Marcos Jr., who graced the groundbreaking of the Iloilo City Community College here Wednesday, said that the Senate during its caucus held last week decided to reinstate the said fund.

“With the continuing belief and with the continuing recognition of the importance of education in the development and progress of our country I am happy to be able to say that during our last caucus the Senate decided that the 143 million that was removed from the MOOE of the SUCs will be reinstated,” he announced.

“We believe that instead of cutting the budget of our schools, we must increase it because it is very important that we continue to support our teachers, our professors, our students for in their hands lie our future,” he added.

Marcos likewise said that they will continue to study the budget of the SUCs to determine where they can “find more money.”

The proposed reinstatement will be proposed at the bicameral conference of the Senate and the House of Representatives which is now ongoing. (PNA)