MANILA, Philippines - Local government units would get a higher share in the country's budget if Sen. Aquilino Pimentel III's bill becomes law.
The proposed law, which he calls the "bigger pie, bigger slice" bill, seeks to amend section 284 of the local government code to increase the allocation for local governments.
"Ang sadya po nito ay bigyan ng mas maraming pondo o resources ang local government units para magampanan din naman nila ang kanilang mga obligasyon sa ilalim ng maraming batas na nagbibigay sa kanila ng iba't ibang klaseng mandato," Pimentel said on Friday.
At present, local governments get only 40 percent of the country's budget, and the money comes just from internal revenue taxes.
Pimentel's bill enlarges the pie by tapping more sources of funds aside from collections of the Bureau of Internal Revenue. The money would then be divided equally between the national government and local government units.
"Dapat hating kapatid, 50-50," he said.
"'Pag mas malaki ang volume of money circulating in a place, mas matutulungan ang development ng lugar," Pimentel added.
"Mas magagampanan ng LGU 'yong iba't ibang klaseng responsabilidad na ipinapasa ng national government sa local."
Pimentel announced at a gathering of provincial board members on Friday that the Senate local government committee headed by Sen. Ferdinand Marcos Jr. is ready to endorse his bill on the floor in November.