1521, a gentleman’s agreement?
The figure 1521 sums up the gentleman’s agreement made in July 2019: “Cayetano would serve as Speaker of the House of Representatives for the first 15 months of the 18th Congress while Velasco would succeed to serve for the remaining 21 months under a term-sharing agreement.” The change would occur in October 2020, and that is the reason the current Speaker has ruled that the “House of Representatives will try to finish deliberations on the proposed P4.506 trillion national budget for 2021 by the end of September.”
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