While he welcomes the Commission on Higher Education’s (CHED) release of around P4.8 billion for its Tertiary Education Subsidy (TES) program, Sen. Bam Aquino said the allocated budget for its full implementation should be distributed immediately to student-beneficiaries in both public and private education institutions.
“I welcome the release of the said amount as it proves the administration’s commitment to implement the program under the law,” said Sen. Bam, principal sponsor of Republic Act 10931 or the Universal Access to Quality Tertiary Education Act, which he pushed during his term as chairman of the Committee on Education.
The CHED recently announced the release of P4.8 billion for the TES program under the free higher education law to students in 112 state universities and colleges (SUCs) and 78 local universities and colleges (LUCs).
However, Sen. Bam stressed that the remaining P11.2 billion fund allocated for the TES in the 2018 budget should also be released immediately for the benefit of students under the program.
“Siguraduhin natin na ang buong budget na nakalaan para sa TES ay mailabas sa lalong madaling panahon, kasama na rito ang mga scholarship para sa mga estudyante ng private Higher Education Institutions (HEIs),” added Sen. Bam.
Recently, Sen. Bam convinced the CHED to issue a memorandum prohibiting state universities and colleges (SUCs) from charging mandatory fees.
During the CHED’s budget hearing, Sen. Bam informed the department that several SUCs still collect miscellaneous and other mandatory fees from students, despite the expressed prohibition under Republic Act 10931.
“Sana gawin nating New Year’s resolution ang 100 porsiyentong pagpapatupad ng libreng kolehiyo sa lahat ng state university at college. Dapat hindi na maningil ang SUC ng tuition at mandatory fees sa mga estudyante ngayong 2019,” said Sen. Bam.
The government should reconsider its decision to implement the excise tax on fuel under the Tax Reform for Acceleration and Inclusion (TRAIN) Law for 2019 as inflation rate remains far from its original target, according to Sen. Bam Aquino.
“Walang basehan itong pagbawi ng pangako ng gobyerno dahil mas mataas pa rin ang inflation sa sarili nilang target,” said Sen. Bam, referring to the November inflation rate of 6.0 percent, which remains far from the government’s inflation rate target of 2-4 percent range.
“Ibig sabihin, nasa gitna pa rin tayo ng krisis ng taas presyo kaya mali ang desisyong patungan ng excise tax ang produktong petrolyo sa susunod na taon,” added Sen. Bam.
Sen. Bam said the government should have based the suspension of excise tax on fuel on inflation rate and not on world crude prices, which he is pushing in his Bawas Presyo sa Petrolyo Bill that he filed in May 2018.
“Matagal na nating ihinain ang Bawas Presyo sa Petrolyo Bill na nagsisikap na baguhin at ayusin ang mga problemadong probisyon ng TRAIN. Ito na lang sana ang binigyan ng pansin ng economic managers, imbis na ulitin ang mga pagkakamali ng TRAIN Law,” said Sen. Bam.
Earlier, Sen. Bam lamented the decision of economic managers to implement the excise tax on fuel for 2019, days after recommending its suspension.
“Nakakapagod ang mga urong-sulong na pangako, lalo na para sa mga Pilipinong nalulunod sa taas-presyo,” said Sen. Bam.
“Pinakinggan sana ang taumbayan at hindi na gatungan ng buwis sa petrolyo ng TRAIN Law, habang alam naman ng lahat na ang pag-akyat nito ang dahilan sa mataas na presyo sa merkado,” he added.
Sen. Bam Aquino filed a bill to provide incentives and benefits to overseas Filipino workers (OFWs) who wish to start a business in the Philippines, following the suggestion of an OFW from Batangas City during a local consultation session.
“Ito’y isang reporma na hiniling mismo ng ating mga OFW. Marami sa kanila ay nais magkaroon ng kabuhayan sa Pilipinas at makapiling ang pamilya,” said Sen. Bam in his Senate Bill No. 2101 or the “Business Incentives for OFWs Act.”
“Isa sa mga pagkukunan ng kabuhayan ng ating OFWs ay ang pagkakaroon ng matagumpay na negosyo. Bigyan natin sila ng pagkakataong magkaroon ng kabuhayan sa Pilipinas upang makasama nila ang kanilang pamilya at makitang lumaki ang kanilang mga anak,” added Sen. Bam.
If enacted into law, OFW-owned enterprises will be given benefits and incentives once they decide to invest their hard-earned money in the Philippines, including exemption from payment of income tax for five years following registration.
Other benefits for an OFW-owned business enterprise include 50-percent reduction on real property taxes and tax and duty free importation of raw materials, capital equipment, machineries and spare parts exclusively used in the operation.
Enterprises owned by OFWs will also receive preferential access to financing from government financial institutions at rates below the market rates for five years following registration.
In the 17th Congress, Sen. Bam has filed several measures concerning the welfare of Filipino workers, including OFWs.
Sen. Bam filed Senate Bill No. 648 or the Migrant Workers and Overseas Filipino Assistance Act to boost support for the OFW community and the families they leave back home.
If passed into law, the measure integrates programs on livelihood, entrepreneurship, savings, investments and financial literacy to the existing efforts of embassies to equip OFWs with knowledge to start their own business.
Sen. Bam has 35 laws to his name, including the landmark free college law and the Go Negosyo Act, which has now established almost 1,000 Negosyo Centers in different parts of the country.
He has been a fierce advocate for entrepreneurship as a means to overcome poverty and provide livelihood to Filipino families.
Sen. Bam Aquino questioned the Supreme Court’s decision excluding Panitikan and Filipino as core subjects in college, saying that we should strengthen our Filipino identity and appreciation for our national language.
“Sa kolehiyo lumalim ang pagmamahal ko sa bayan. Kaya mahalaga na hanggang tertiary level, tuluy-tuloy ang pag-aaral at pagpapalalim sa ating pagiging Pilipino, at malaking bahagi dito ang ating literatura,” said Sen. Bam, principal sponsor of the law granting free education in state universities and colleges.
Sen. Bam shared that it was in his college years that he became more aware of the country’s needs, and he emphasized that Filipino literature can help deepen the youth’s love and appreciation for the struggles, revolutions and victories of fellow Filipinos.
“Kilalanin at ipagmalaki natin ang mga kababayan nating makata’t manunulat na maaaring maging inspirasyon sa ating mga estudyante sa kolehiyo,” said Sen. Bam, vice chairman of the Committee on Education.
Sen. Bam pushed for the passage of Republic Act 10931 or the Universal Access to Quality Tertiary Education Act as principal sponsor during his time as chairman of the Committee on Education.
Currently, Sen. Bam is also pushing for other education-related measures, including Senate Bill No. 1278 or the Trabaho Center in Schools Act.
The measure aims to establish a job placement office in every public high school and SUC in the country, which will provide industry matching, career counseling, and employment facilitation.
Trabaho Centers must also address the skills mismatch and ensure employability of students upon graduation by using feedback from employers to better develop the school’s curriculum and training programs.
Overall, Sen. Bam has 35 laws to his name.
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