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Speaker Martin Romualdez assured the nation that the proposed P5.768-trillion 2024 national budget includes funds for robust defense of the West Philippine Sea.Romualdez made the assurance in an interview with reporters in Japan, where he accompanied President Ferdinand Marcos Jr. for the 50th ASEAN-Japan Friendship and Cooperation Commemorative Summit. Asked about the deletion of confidential […]
Senator Chiz Escudero vowed to scrutinize the proposed P5.768 trillion 2024 General Appropriations Bill (GAB) once it is taken up at the plenary to ensure that next year’s national budget truly supports the needs of the people. In a media interview, Escudero disclosed he will give special attention to the three sectors that he has […]
After extensive deliberations and negotiations, the House of Representatives approved on third and final reading the P5.768-trillion national budget for next year, just before Congress adjourns for a month-long break.Speaker Martin Romualdez lauded the timely passage of the 2024 General Appropriations Bill (GAB), stating that it not only demonstrated the commitment of the House to […]
“Flooding” the 2024 national budget with flood control projects – worth one-quarter of trillion pesos – could lead to “watered down development that drowns out more urgent social spending,” Senator Chiz Escudero said. The amount proposed for 2024 – P255 billion – “looms large by any yardstick,” Escudero said. “It is too big for tubig,” the […]
Amid the simmering maritime dispute between Manila and Beijing, President Ferdinand Marcos Jr.’s administration has increased to P50 billion the budget for the Armed Forces of the Philippines Modernization Program (AFPMP). “The AFPMP is set to receive another P50 billion in fresh funding in the 2024 national budget,” Surigao del Sur Representative Johnny Pimentel said. […]
Senator Koko Pimentel III expressed deep concern over the priorities set forth by the Marcos administration in the proposed P5.768-trillion National Expenditure Program (NEP) and questioned the government’s commitment to addressing the pressing needs of the country. “The allocation of P9.2 billion to confidential and intelligence funds while our fellow Filipinos in calamity-stricken areas suffer […]