Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

Quimbo is House budget panel OIC

MARIKINA REP. STELLA QUIMBO FACEBOOK PAGE

THE House of Representatives has assigned Marikina Rep. Stella Luz A. Quimbo as officer-in-charge (OIC) of the chamber’s appropriations committee, which was vacated in a surprise move on Monday.

In a statement, House Secretary-General Reginald S. Velasco said Ms. Quimbo would serve as “acting leader” of the House budget panel, performing in an “acting capacity” while congressmen are yet to name a replacement for Party-list Rep. Elizaldy S. Co.

The House floor on Monday declared the chairmanship of the appropriations committee vacant as Mr. Co “stepped down” from the post amid health concerns.

“She (Ms. Quimbo) is serving as the Officer-in-Charge of the committee and will perform the functions of the chairperson in an acting capacity until the House designates a permanent chairperson in accordance with the applicable rules,” said Mr. Velasco.

Ms. Quimbo is the House budget panel’s highest-ranking officer aside from the chairman, serving as senior vice-chairperson of the committee before being designated as OIC.

In an interview with reporters, Ms. Quimbo said the appropriation committee will continue its legislative work without a hitch despite Mr. Co’s departure from the body.

“[The] committee of appropriations will continue to function as before,” she said. — Kenneth Christiane L. Basilio

    You May Also Like

    Stock Markets

    Students of the Institute of Civil Engineering of the University of the Philippines Diliman experience what it’s like on-board the Circular Explorer and attend...

    Stock Markets

    THE DEVELOPMENT Bank of the Philippines (DBP) will again request for regulatory relief this year as it seeks to boost its capital position. “Just...

    Finance

    The Small Business Charter (SBC) has appointed entrepreneur Byron Dixon OBE, founder and chief executive of freshness-technology firm Micro-Fresh, as its new chair. Dixon...

    Stock Markets

    In the photo are (seated L to R) Francisco “Coco” D.C. Mauricio, WeFund Lending Corp. President and CEO; Danilo “Bong” J. Mojica II, UnionDigital...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.