Signing of the 2016 GAA

Rizal Hall, Malacañang 22 December 2015 President Benigno S. Aquino III signed the 2016 General Appropriations Act (GAA) at the Rizal Hall in Malacañang, Manila. Amounting to P3.002 trillion, the 2016 GAA gained an increase of P395 billion (15.2%) from last year’s P2.606-trillion of the 2015 national budget, with social services receiving the biggest cut continue reading : Signing of the 2016 GAA