Senator Erwin Tulfo says the country needs additional budget for AICS given the back-to-back disasters but transparency advocates say that AICS is a form of softSenator Erwin Tulfo says the country needs additional budget for AICS given the back-to-back disasters but transparency advocates say that AICS is a form of soft

Bicam approves higher AICS budget for 2026

2025/12/17 13:31

MANILA, Philippines – The bicameral conference committee has agreed to increase the budget allotment for Assistance to Individuals in Crisis Situations (AICS) — which transparency advocates deemed as soft pork — to over P63.9 billion.

The AICS allocation nearly doubled from P26.9 billion under the National Expenditure Program. The House of Representatives approved P59.09 billion for the program, while the Senate approved around P34 billion.

Senator Erwin Tulfo, former Department of Social Welfare and Development’s secretary, moved to adopt the House proposal for the DSWD’s AICS budget, citing how back-to-back disasters in 2025 strained the program’s funds.

Tulfo said that by the fourth quarter, usually around October or November, the DSWD typically begins requesting additional quick response funds.

House appropriations committee chairperson Mika Suansing said Social Welfare Secretary Rex Gatchalian had sought an additional P43 billion on top of the P26.9 billion AICS allocation proposed in the NEP.

Suansing, however, said that the House only granted P32 billion out of Gatchalian’s P43 billion request due to limited fiscal space.

Senator Imee Marcos raised the alarm over AICS, saying that this might be used in politics, especially with the upcoming Bangsamoro Autonomous Region in Muslim Mindanao and Barangay and Sangguniang Kabataan Elections in 2026.

Tulfo said politicians would not be allowed to be present during the distribution of dole-outs.

During a Senate budget deliberation, Senate President Pro Tempore Ping Lacson flagged the increase in the budget allocation for AICS during election periods.

“I am all for cash assistance, but it should be data-driven and part of a real program. Not something whimsical, arbitrary, and politically motivated. It’s about time we streamline this because it’s being abused,” Lacson said.

The bicam also approved higher allocation for Medical Assistance to Indigent and Financially Incapacitated Patients Program, which physician and health advocate Tony Leachon described as a “new pork barrel.”

The bicam, which was scheduled at 4 pm, started around 8 pm on Tuesday, December 16, delaying the hearing by four hours. The third day of deliberations ended at 1:15 am on Wednesday, December 17.

Around 20 agencies were swiftly taken up on the third day of the bicam, after Monday’s session on December 15 was postponed because of issues in the budget of Department of Public Works and Highways. – Rappler.com

Market Opportunity
FORM Logo
FORM Price(FORM)
$0.4031
$0.4031$0.4031
-0.02%
USD
FORM (FORM) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Visa Expands USDC Stablecoin Settlement For US Banks

Visa Expands USDC Stablecoin Settlement For US Banks

The post Visa Expands USDC Stablecoin Settlement For US Banks appeared on BitcoinEthereumNews.com. Visa Expands USDC Stablecoin Settlement For US Banks
Share
BitcoinEthereumNews2025/12/17 15:23
North America Sees $2.3T in Crypto

North America Sees $2.3T in Crypto

The post North America Sees $2.3T in Crypto appeared on BitcoinEthereumNews.com. Key Notes North America received $2.3 trillion in crypto value between July 2024 and June 2025, representing 26% of global activity. Tokenized U.S. treasuries saw assets under management (AUM) grow from $2 billion to over $7 billion in the last twelve months. U.S.-listed Bitcoin ETFs now account for over $120 billion in AUM, signaling strong institutional demand for the asset. . North America has established itself as a major center for cryptocurrency activity, with significant transaction volumes recorded over the past year. The region’s growth highlights an increasing institutional and retail interest in digital assets, particularly within the United States. According to a new report from blockchain analytics firm Chainalysis published on September 17, North America received $2.3 trillion in cryptocurrency value between July 2024 and June 2025. This volume represents 26% of all global transaction activity during that period. The report suggests this activity was influenced by a more favorable regulatory outlook and institutional trading strategies. A peak in monthly value was recorded in December 2024, when an estimated $244 billion was transferred in a single month. ETFs and Tokenization Drive Adoption The rise of spot Bitcoin BTC $115 760 24h volatility: 0.5% Market cap: $2.30 T Vol. 24h: $43.60 B ETFs has been a significant factor in the market’s expansion. U.S.-listed Bitcoin ETFs now hold over $120 billion in assets under management (AUM), making up a large portion of the roughly $180 billion held globally. The strong demand is reflected in a recent resumption of inflows, although the products are not without their detractors, with author Robert Kiyosaki calling ETFs “for losers.” The market for tokenized real-world assets also saw notable growth. While funds holding tokenized U.S. treasuries expanded their AUM from approximately $2 billion to more than $7 billion, the trend is expanding into other asset classes.…
Share
BitcoinEthereumNews2025/09/18 02:07
Will Ozak AI Outperform DOGE, SHIB, and PEPE in Risk-Adjusted Returns?

Will Ozak AI Outperform DOGE, SHIB, and PEPE in Risk-Adjusted Returns?

The post Will Ozak AI Outperform DOGE, SHIB, and PEPE in Risk-Adjusted Returns? appeared on BitcoinEthereumNews.com. While DOGE, SHIB, and PEPE continue to dominate
Share
BitcoinEthereumNews2025/12/17 15:06