00:00Solicitor General Menardo Guevara defended the legality and requirements of the Special Provision 1D of the 2024 General Appropriations Act in the Supreme Court.
00:11According to Guevara, in his oral argument in the Supreme Court yesterday, the Prohibition stipulates the use of the Fund of Government-Owned and Controlled Corporations or GOCC
00:23for primary programs in health, social services, and infrastructure.
00:28The Department of Finance also stipulates that it should be implemented in order to clear the misunderstandings.
00:35Guevara also argued that this is a reasonable solution to fund the critical projects of the government that are not based on debt.
