PNoy Rejects Abad’s Resignation

Manila (PNA) — President Benigno S. Aquino III has rejected the resignation offered by Department of Budget and Management Secretary Florencio “Butch” Abad over the Disbursement Acceleration Program (DAP) issue.

“Yesterday, Secretary Abad gave me a letter tendering his resignation from the Cabinet and I have considered the same, and I have decided not to accept his resignation and let me explain why,” the President said in a message during the 2015 budget presentation in Malacañang on Friday.

President Aquino said that while most vociferous critics grant that DAP has benefited Filipinos, the notion in the current atmosphere is that “DAP was bad for our people.”

“To accept his resignation is to assign to him a wrong and I cannot accept the notion that doing right by our people is wrong,” he said. (PNA) SCS/LDV