‘Don’t fool around,’ UP prof tells Recto
Former Finance Undersecretary Cielo Magno gave a fiery critique of the government's budget decisions, particularly regarding PhilHealth and the reversion of P89.9 billion in unspent funds to the national treasury.
Magno, an economics professor at the University of the Philippines, said Department of Finance Secretary Ralph Recto is spinning a new press release about why PhilHealth was ordered to return the unused health funds supposedly to create jobs and pump up the country’s Gross Domestic Product (GDP).