00:00The Department of Finance approved the temporary restraining order issued by the Supreme Court.
00:06This is in line with the use of IDLE, unused and excess funds of PhilHealth.
00:11According to Finance Secretary Ralph Recto, the DOF respects and understands the decision of the Supreme Court.
00:19The DOF is determined to help the Supreme Court
00:23and they consider this an opportunity to give their opinion on the issue in one of the oral arguments.
00:31Recto hopes that by doing so, the issue of unused funds of PhilHealth will be addressed.
00:41The DOF again insisted that it should consult with the legal experts of the government,
00:47including the Governance Commission for GOCCs, Government Corporate Council and Commission on Audit,
00:53before doing the so-called action based on Republic Act No. 11975 or the General Appropriations Act of 2024.