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Showing posts with the label Disbursement Acceleration Program

Statement of Secretary Abad on His Offer to Resign

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This is the statement of Department of Budget of Management (DBM) Secretary Florencio "Butch" Abad on his offer to resign resignation following the declaration of the Supreme Court of the Philippines important parts of the Disbursement Acceleration Program (DAP).  Said letter was published on Thursday, August 12, 2014 in the website of the Official Gazette of the Republic of the Philippines (http://www.gov.ph/2014/07/12/statement-by-abad-on-his-resignation/ ). His resignation, however, was not accepted by President Aquino. A picture of Sec. Abad taken from google.com On Thursday , I tendered my resignation from my position as DBM Secretary to the President. This was not without thought or reflection. In the wake of the controversy surrounding the DAP—especially after the adverse Supreme Court ruling that declared parts of the program unconstitutional—it became clear to me that I must abide by the highest standards of accountability that we in the ...