ECONOMIST: ₱243-B UNPROGRAMMED FUNDS RISK CORRUPTION, UNDERMINE FISCAL DISCIPLINE Economics Prof. Butch Lanzona says the P243-billion in unprogrammed allocations in the proposed 2026 budget gives the executive branch too much discretion, weakening fiscal discipline and creating risks for corruption. He says some unprogrammed appropriations are acceptable, but the government should avoid making them excessive or turning them into a recurring feature of the budget. Lanzona stresses the need for cl

Business suffers from the cost of corruption. Corruption can cost countries up to 17% of their GDP. This affects: - Business performance - Sustainable development - Global trust - Economic stability Learn more: https://ow.ly/UHJ450RaLWg #businessgrowth #integrity #strategy | United Nations Global Compact | Facebook

1.3K views · 1.4K reactions | A zero-tolerance policy towards bribery and corruption. Introduced in October 2021, the Axiata Anti-Bribery and Anti-Corruption (ABAC) Plan outlines actions we take towards ensuring a clean and transparent business environment across the Group. It cascades from Board level to each and every team member, and upholds our core values of Uncompromising Integrity and Exceptional Performance (UI.EP). #AdvancingAsia #ThisIsAxiata | Axiata | Facebook