Congress has earmarked a total of P10.8 billion this year to help feed undernourished children in public schools and day care centers, Makati City Representative Luis Campos Jr., House appropriations committee vice chairperson, said. In the 2023 General Appropriations Law, Campos said the sums of P5.6 billion and P5.2 billion have been set aside for […]
Tag: 2023 national budget
Speaker Martin Romualdez said the P5.268-trillion 2023 national budget, signed by President Ferdinand Marcos Jr., will help the administration implement its Agenda for Prosperity to sustain growth, generate economic activities and jobs, and increase the income for Filipinos. “It is the most important and potent tool the President, his economic team and the entire government […]
President Ferdinand Marcos Jr. has signed the 2023 General Appropriations Act (GAA), setting the Philippines’ national budget of P5.268 trillion for the coming year. “The passage of the GAA is an early Christmas gift for our people and a great way to welcome the new year,” said Senate President Migz Zubiri. “And I thank President […]
The House of Representatives led by Speaker Martin Romualdez swiftly ratified the bicameral conference committee report on House Bill 4488 or the 2023 General Appropriations Bill. The bill provides for a P5.268-trillion national budget for fiscal year 2023. Romualdez previously assured that the proposed budget would be passed before the session break. “We have sufficient […]
BICAM RESTORES P10-B NTF-ELCAC BUDGET
Senator Bato Dela Rosa has expressed his gratitude to the Bicameral Conference Committee (bicam) for the restoration of the P10-billion budget of the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC). During the plenary session, Dela Rosa, one of the vice chairpersons of the Senate Committee on Finance, thanked Senator Sonny Angara, the […]
Amid efforts by congressional leaders to fast-track the bicameral conference committee (bicam) deliberations on next year’s proposed P5.26-trillion General Appropriations Act (GAA), CamSur Rep. LRay Villafuerte is hoping this budget panel would be able to realign outlays for certain state offices and programs to bankroll, among others, the Libreng Sakay free bus and train rides in Metro Manila along with the […]
Members of the House of Representatives and the Senate convened recently for a bicameral conference committee meeting to reconcile the disagreeing provisions in the P5.268-trillion proposed 2023 national budget at the Manila Golf Club in Makati City. In his opening remarks, House Committee on Appropriations Chair and AKO BICOL Party-list Representative Zaldy Co said the […]
Senate Majority Leader Joel Villanueva said that the government should not waste any opportunity to sustain the positive momentum of the growth of the Philippine economy. Villanueva made this statement following the news from the Philippine Statistics Authority that the Philippine economy is growing faster than expected with a third quarter growth of 7.6 percent […]
The Senate will approve the 2023 General Appropriations Bill (GAB) by the third week of November. Senate President Migz Zubiri said they will continue deliberations on the proposed P5.268-trillion budget when the 19th Congress resumes. Zubiri expects the bicameral approval finished by the second week of December. “With the hard work and commitment of all […]