Author Topic: Merged: Malampaya for the AFP  (Read 11346 times)

Adroth

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Merged: Malampaya for the AFP
« on: April 14, 2006, 10:10:51 PM »
Finance dept bucks diversion of Malampaya income to AFP
Posted: 3:01 AM | Apr. 13, 2006

Michelle V. Remo
Inquirer

http://money.inq7.net/topstories/view_topstories.php?yyyy=2006&mon=04&dd=13&file=6

THE Department of Finance has opposed a proposal from Congress to allocate revenues being collected by the national government from the Malampaya natural gas project for the modernization of the Armed Forces of the Philippines (AFP).

The department said the proposal would distort the government's expenditure program, under which the national government's share of income from Malampaya has been allocated for energy resource development projects of the Department of Energy.

The proposal is contained in House Bill No. 4336, authored by Representative Danilo Suarez.

The national government has a 6.36-percent share of the gross income from the Malampaya gas field off the western island of Palawan. The remainder of the income is divided among private-sector contractors, the Palawan provincial government, and operating costs.

The bill in the House of Representatives also proposes to require the national government to earmark all taxes and fees it collects from Malampaya contractors -- such as branch profit tax, corporate income tax and royalties -- for modernization of the AFP.

The Department of Finance said diversion of tax and royalty fee collection to the AFP would mean revenue loss of between P1.2 billion and P3.71 billion, which is currently directed to the national government's general funds for various expenditure programs. With INQ7.net
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frank

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Re: Finance dept bucks diversion of Malampaya income to AFP
« Reply #1 on: April 15, 2006, 08:26:04 PM »
Trying to get pogi points with the AFP and Palawan Province?

Perhaps needing some AFP bodyguards for next election?

jcabanit

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Re: Finance dept bucks diversion of Malampaya income to AFP
« Reply #2 on: April 15, 2006, 08:37:17 PM »
ibubulsa lang nila yung pera. sobra ang corruption sa atin.

Failure Analysis

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Re: Finance dept bucks diversion of Malampaya income to AFP
« Reply #3 on: April 17, 2006, 10:59:30 PM »
The Department of Finance is doing the right thing.

It is bad form to change policies on such an important matter as where the money goes. That money has already been allocated for other energy projects and programs, and people are waiting for that money.

It would also throw into a loop the whole Budget Department after years of planning.

As it is, our country already has a bad reputation abroad when it comes to actually honoring its promises to other governments, our own LGUs, business groups, and others when it comes to trade deals and business ventures.
"Ask yourself whether the dream of heaven and greatness should be waiting for us in our graves - or whether it should be ours here and now and on this earth." Ayn Rand (19051982)

jcabanit

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Merged: Malampaya for the AFP
« Reply #4 on: May 29, 2006, 06:25:31 PM »
   The Department of Finance(DOF) is opposed to allocating taxes collected and royalties from the Malampaya Natural Gas Project to the Armed Forces of the Philippine(AFP) Modernization Fund.

   In lieu of the Natural gas dividends, the finance department proposal that the AFP seek budgetary support each year.

  A report by the National Tax Research Center Showed the the DOF is unlikely to support House Bill 4336, which allocates to the AFP Modernization Act Trust Fund the national government share from the Malampaya Revenue.

  "The proposal maybe untimely at this point when the government is still consolidating its gains from recent tax policy reforms and trying to improve its fiscal situation, NTRC executive director LIMA D. Isorena said in the position paper."

  "Once the proposal is pursued, it will have the effect of eroding substantially the revenues base which is used as the basis for the entire government budget programming," she added.

    Under the bill, the amount to be generated from the proposal is envisioned to help the realization of various AFP projects geared toward the improvemeny of its weapon system, technology acquisition, bases and facilities development.

    The AFP'S Trust Fund cannot support the acquisition of major weapons and nonweapon equipment and the desired technology and infrastructure repair massive funding with amounts to P3.616 billion from May 29, 2002
to December 30, 2005.

     The national government share amounted to P2.393 billion in 2005 since 2002, the national government share total P6.146 billion.

     This is dividend between the national government and local government unit of palawan at 60 percent and 40 percent, respectively.

     The government last set aside a portion of its budget for the AFP modernization program in 2002 at P5 billion.

     As a general policy, earmarking of revenues is discourage because its limits government flexibility in allocating limted resources to important and equally urgent expenditures, Isorena said.

      For tarnsfarency and efficiency in fiscal operations, she said all collections should be remitted to the Bureau of Treasury to form part of the government general fund.

    Friday, May 26, 2006
   The Manila Times Business

 

fred valero

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Re: Malampaya Share For AFP Blocked
« Reply #5 on: May 29, 2006, 07:04:45 PM »
When we are invaded, I pray fervently that  Isorena will be cannon fodder.

darthnbs

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Re: Malampaya Share For AFP Blocked
« Reply #6 on: May 29, 2006, 07:10:10 PM »
The AFP'S Trust Fund cannot support the acquisition of major weapons and nonweapon equipment and the desired technology and infrastructure repair massive funding with amounts to P3.616 billion from May 29, 2002
to December 30, 2005.

Then why the hell are they opposing additional taxes that spells additional funds to the AFP, DOF should know better or even DND for that matter. Our AFP's capability is being eroded each year and without new equipment and technology, how the hell would they expect the AFP to fight the insurgency and other rebel groups? We can not just continue to depend on the US for second hand hand-outs, that's why we are not improving! On our way to the top we got shot down by the feeble-minded aholes in the bureaucracy! Can't they see that we're fighting multiple fronts here? We got the mother-f*****s courtesy of JOMA and the Godless Abus, including Al Qaeda in the south, if they continue to oppose the modernization of the AFP, they could just hand-over the whole country in a silver platter to the warlords and commies! Funds this funds that, what they are not saying is that they are afraid that the perks for those s**theads in the government will be dismantled and their freaking shares along with it. If I have my own way, I'll have them all shot! We're tired of hearing no money for the AFP and what not but if you examine their lifestyles hell they have their own houses in Dasmarinas and living a lavish life.


Aut agere aut mori

drahcir

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Re: Malampaya Share For AFP Blocked
« Reply #7 on: May 29, 2006, 10:17:20 PM »
Isorena is definitely ignorant to the inadequacy of the AFP. Can somebody open up this guy's mind?  :angry: :angry: :angry: :angry:

cylon

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Re: Malampaya Share For AFP Blocked
« Reply #8 on: May 30, 2006, 12:50:58 AM »
maybe this career bureaucrat knows something we don't. (which imho ain't much)
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rocky serrantes

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Re: Malampaya Share For AFP Blocked
« Reply #9 on: May 30, 2006, 07:04:18 PM »
Mr isorena and the dof people including sec margarita teves should be reminded of this relevant missive from max soliven, quoting ancient romans: Si vis pacem, pare bellum (if you wish for peace, prepare for war).

The malampaya proceeds are not contemplated merely for socio-economic purposes but also for the means to maintain the fulcrum of development, namely, peace and order and territorial sovereignty, guaranteed by a viable, well prepared military. The hard thing about these swivel chair types is that they seem to know everything as far as their nose.

acidburn

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Re: Malampaya Share For AFP Blocked
« Reply #10 on: May 30, 2006, 08:46:32 PM »
Baka aantayin pa ng malampaya na lusubin sila ng mga pirata o insurgence na mas high tech pa sa AFP natin.


Di ba si ka roger naka laptop na meron pang internet na konektado kay sison.


Isa pa yung mga senador at congressman natin ayaw pang tapusin ang 2006 budget.

drahcir

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Re: Malampaya Share For AFP Blocked
« Reply #11 on: June 01, 2006, 06:52:10 PM »
The Cabinet members and high-ranking officials must be given a lecture on national security at least a day each year to remind them that you have to spend for peace and order.


anak ni sarge

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Re: Malampaya Share For AFP Blocked
« Reply #12 on: June 05, 2006, 06:53:54 AM »
How about pulling out this helo pictured below from the area and telling them wise guys PAF has no money to keep the aircraft in the high seas.



From Manokski's Orbat


"No money, no honey"
« Last Edit: June 05, 2006, 07:02:02 AM by anak ni sarge »
PN according to Manokski:
"something gray with a side number on it that floats"
PAF according to Ramon J. Farolan:
"we are now basically a helicopter fleet"
PA according to drkula
"it is better to talk forever than fight forever"


  Anak ni sarge

"Applying the standards of the rest of the country for what is acceptable and logical behavior in order to predict what this group of people will do is dangerous and can be faulty. Too many analysts and military commanders have already made that same mistake."
ka nognog

philippinestoday

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Re: Malampaya Share For AFP Blocked
« Reply #13 on: June 05, 2006, 07:11:50 AM »
How about pulling out this helo pictured below from the area and telling them wise guys PAF has no money to keep the aircraft in the high seas.

           

                                              From Manokski's Orbat


                                             "No money, no honey"

i second this motion... Hehe...
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anak ni sarge

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Re: Malampaya Share For AFP Blocked
« Reply #14 on: June 05, 2006, 08:45:40 AM »
Or informing the Dept. of Finance the following were all just press release:

From Manokski's Orbat

(September 25, 2004) Combat Boat 90s are very much in the news these days. Finally some recognition that the Malampaya area needs better defenses. Four (4) Boats are to be acquired with one already ready to be delivered pending a successful completion of tests. One interesting side note on this issue is that the manufacturer of the CB90 is DoctstaVarvet of Sweden which is a partner of Patria which is also a partner of Alvis. The PN is building up a pretty nice special forces delivery capability with the delivery of the CB90s and the Cyclone class which is really a large special forces transport. 

             

The newest addition to the Philippine Fleet - PS38, Barko ng Republika ng Pilipinas (BRP) General Mariano Alvarez, ex PC-1, USS Cyclone. Commissioned into the Philippine Navy on March 6, 2004. Delivered to the PN after overhaul at the Bollinger shipyards where it got the stern modified with the ramp for the Rigid Hull Inflatable Boat (RHIB) as well as the stabilized 25mm mount on the stern. PS38 itself cost $30 million. Another two years of spares are also included in the deal.
 

               
PN according to Manokski:
"something gray with a side number on it that floats"
PAF according to Ramon J. Farolan:
"we are now basically a helicopter fleet"
PA according to drkula
"it is better to talk forever than fight forever"


  Anak ni sarge

"Applying the standards of the rest of the country for what is acceptable and logical behavior in order to predict what this group of people will do is dangerous and can be faulty. Too many analysts and military commanders have already made that same mistake."
ka nognog