<\/p>\n
THE Senate on Tuesday, November 26, 2024, approved on third and final reading House Bill 10800 or the proposed General Appropriations Bill (GAB) appropriating P6.352-trillion national expenditure for fiscal year 2025.<\/strong><\/p>\n <\/p>\n <\/p>\n The proposed measure was approved with 18 affirmative votes and no negative vote. Minority Leader Aquilino “Koko” Pimentel III abstained.<\/strong><\/p>\n <\/p>\n <\/p>\n The budget bill was approved on second and third reading within one day as it was certified as urgent by President Ferdinand “Bongbong” Marcos Jr..<\/strong><\/p>\n <\/p>\n <\/p>\n Pimentel questioned the certification issued by Malacanang declaring the bill as urgent, saying there is no emergency on the proposed measure.<\/strong><\/p>\n <\/p>\n <\/p>\n The proposed budget is aimed at addressing critical sectors such as education, health, and infrastructure, while ensuring funding for priority programs outlined by the administration.<\/strong><\/p>\n <\/p>\n <\/p>\n The government’s proposed 2025 budget shows a 10-percent increase from this year’s budget of P5.768 trillion.<\/strong><\/p>\n <\/p>\n <\/p>\n Senator Grace Poe, chairperson of the Committee on Finance, described the budget as “the blueprint of our priorities and the heartbeat of our nation’s future” and not just a series of numbers in the spreadsheet.<\/strong><\/p>\n <\/p>\n <\/p>\n She thanked her colleagues and the staff who worked tirelessly “burning the midnight oil on many occasions” to pass the budget in time.<\/strong><\/p>\n <\/p>\n <\/p>\n “This budget stands as a testament to our shared vision of a nation that prioritizes its people, a government that listens, and a Senate that delivers,” Poe said.<\/strong><\/p>\n <\/p>\n <\/p>\n Earlier, Senate President Pro Tempore Jinggoy Ejercito Estrada said allocations for the Office of the Vice President (OVP) may only be finalized during the Bicameral Conference Committee meeting.<\/strong><\/p>\n <\/p>\n <\/p>\n The Committee on Finance earlier adopted the House of Representatives version of the budget, which includes a P1.3 billion reduction in the OVP’s 2025 allocation of only P733 million.<\/strong><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" THE Senate on Tuesday, November 26, 2024, approved on third and final reading House Bill 10800 or the proposed General Appropriations Bill (GAB) appropriating P6.352-trillion<\/p>\n","protected":false},"author":1,"featured_media":10282,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,17],"tags":[],"_links":{"self":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/10281"}],"collection":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/comments?post=10281"}],"version-history":[{"count":1,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/10281\/revisions"}],"predecessor-version":[{"id":10283,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/10281\/revisions\/10283"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media\/10282"}],"wp:attachment":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media?parent=10281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/categories?post=10281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/tags?post=10281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}