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"id": 1234631,
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"type": "speech",
"speaker_name": "Sen. Crystal Asige",
"speaker_title": "",
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"content": "The fund is in substantial arrears despite constitutional requirements to ring-fence its allocation and to transfer those allocations to the fund’s accounts Thirdly, the Commission on Revenue Allocation (CRA) and the Equalization Fund Board must also serve the Senate with regular Monitoring and Evaluation (M&E) reports. Lastly, when it comes to the Equalization Fund, the revenue shared must be in line with the Constitution as what is currently being used as a basis is not clear or legally measurable. Mr. Temporary Speaker, Sir, we might be in danger of using a lower threshold as some of the revenue components seem to be excluded from the aggregates. This is my submission as I support the Bill. I thank you."
}