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110201-NCR-BUDGET2


DISCUSSING THE REFORMED BUDGET OF 2011. Secretary Florencio "Butch" Abad of the budget department (second from left) presented Thursday the 2011 general appropriation act of the country amounting to P1.645 trillion at the Communication and News Exchanage (CNEX) forum at the PIA Conference Room. Abad uses the term "reformed" in describing the national budget, citing the principles governing it. He said the principles were anchored on the social contract of President Benigno "PNoy" Aquino III and the Filipino people. PNoy's government is rooted in the mantra: "Kung walang Corrupt, walang Mahirap." CNEX is a weekly briefing and discussion with government media sponsored by PIA. (PIA-NCR, domingo b. natividad v)

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