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CDA budget deferred: Sen. Imee Marcos holds the endorsement of the 2025 proposed budget of the Cooperative Development Authority (CDA) to the committee level pending the submission of pertinent papers required by Marcos. “I am unable to endorse your budget to the mother committee. You have to provide a justification, firstly, for doubling your traveling budget expenses given the reduction in your budget. Also, I need a coherent timeline or at least a procedural format for the public utility vehicle (PUV) modernization vis-à-vis the Office of the Transport Cooperatives (OTC) and the Land Transportation Franchising and Regulatory Board (LTFRB). Further, I need as well a report, you know very well that many of my colleagues, including Sen. (Cynthia Villar), will question us thoroughly with regard to the CDA and the annual allotments of P250 million under the Coco Development Fund, so I need to understand the DOJ legal opinion…can you please make a timeline that everyone can understand…I also need to understand the issue of the admin fund and the lack of personnel. With that, we terminate the hearing for today but you will have to come back with the documents requested,” Marcos said Monday, September 30, 2024. The senator, as chairperson of the Finance Subcommittee I, also presided over the proposed 2025 budgets of the National Commission on Senior Citizens, Credit Information Cooperation, Philippine Competition Commission and Climate Change Commission. (Senate Public Relations and Information Bureau)