SPEAKER BELMONTE: COA reports indicate probable misuse of public funds

Clarizz Elbo

Green FM News Writer

House Speaker Feliciano Belmonte says the Commission on Audit (COA) reports indicate probable misuse of public funds and inefficient public spending. The House leader added that lawmakers are in the position and with the authority to allocate the public fund.

The House Public Accounts and Account Committee, when implemented, will cover examination of budgets for all national government agencies, including local government units, government-controlled corporations and government instrumentalities.

 

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