NUSP hits P1.73-B SUC budget cut
THE National Union of Students of the Philippines (NUSP ) yesterday urged President Benigno “PNoy” Aquino III to immediately to “stop the 1.73-billion maintenance and other operating expenses (MOOE) budget cut to state colleges and universities.”
“Mr. President, we are giving you until your 100th day… If you fail to do so, we can guarantee that our rage and wrath will spread through out your administration,” said NUSP national president Einstein Recedes during a press conference.
Recedes said that the budget of state universities and colleges (SUCs) has been slashed by 1.73 billion while the budgets of foreign debt servicing and AFP have been increased by 80.9 billion and 10 billion, respectively.
“This administration has been all about meeting international standards. If that’s the case then we demand that he re-channel P97 billion from the giant budgets for defense and foreign debt to education. That will meet the international standard that 20% of the national budget goes to education,” he added.