EIA May STEO: Hormuz Assumptions Now Determine Whether Brent Ends 2026

The EIA's May 2026 STEO places Brent crude at USD 106 for May-June, with global inventory draws running at 8.5 million barrels per day across the second quarter.

Lights Out: How The Luzon Grid Cracked Under A Week Of Relentless Heat

Three days of red alerts. Nearly 3 million Meralco customers left in the dark — and counting.

Vietnam Electricity Activates Dry-Season Contingency Framework

Vietnam's national grid hit 51,691 MW on April 7, a 12-percent year-on-year peak, as EVN activates dry-season contingency plans under compound demand and fuel supply pressure.

PLN Energizes West Java’s Largest Industrial Power Connection

PLN energized PT Indah Kiat Karawang Mill at 250 MVA via a dedicated 150 kV transmission line.
SEND TO: pressreleases@pageonemedia.ph

Review Proposed Flood Fund, Allot More For Education, Health

Hinimok ni Senador Bam Aquino na muling suriin ang PHP243-bilyong flood control budget, upang ilipat ang hindi kinakailangang pondo para sa edukasyon at kalusugan.

Review Proposed Flood Fund, Allot More For Education, Health

1776
1776

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

Senator Bam Aquino on Thursday called for a reassessment of the proposed PHP243-billion flood control budget for 2026, saying funds for projects not deemed necessary should be redirected to education and healthcare.

“If we really concentrate and put the money where the important programs are, ano ba talaga ang dapat pagkagastusan natin nang tama (What should we really be spending on properly)?” Aquino said in a news release.

Aquino, chairperson of the Senate Committee on Basic Education, said the amount allotted for flood projects would likely be reduced, with hopes that a portion of it can be shifted to fund free education and universal healthcare.

“The PHP243 billion in the 2026 budget for flood control, I’m guessing mababawasan. That will be slashed significantly. I’m hoping some of that will go to education and maybe some of that will go to healthcare,” he said.

Aquino said classrooms, learning equipment, and healthcare coverage should be priorities, citing the 166,000-classroom backlog and the lack of universal access to medical services.

Aquino also filed Senate Resolution No. 28 seeking a review of the Department of Public Works and Highways’ use of the PHP360-billion flood control budget under the 2025 General Appropriations Act, noting that despite PHP1.47 trillion spent on flood projects from 2009 to 2024, many communities still suffer from poor drainage, outdated pumping stations, and inadequate flood risk management. (PNA)