Connect with us

Headline

House approves PHP6.352-T budget for 2025 on final reading

Published

on

By Filane Mikee Cervantes, Philippine News Agency

With 285 affirmative votes, 3 negative votes and zero abstention, the chamber approved House Bill 10800 or the 2025 General Appropriations Bill (GAB). (File Photo: House of Representatives of the Philippines/Facebook)

MANILA – The House of Representatives on Wednesday night approved on the third and final reading the proposed PHP6.352-trillion national budget for 2025.

With 285 affirmative votes, 3 negative votes and zero abstention, the chamber approved House Bill 10800 or the 2025 General Appropriations Bill (GAB).

The bill was approved on second and third reading on the same day after President Ferdinand R. Marcos Jr. certified it as urgent.

Marcos, in his letter, sent Tuesday to House Speaker Ferdinand Martin Romualdez and Senate President Francis Escudero, urged lawmakers to fast-track the passage of the 2025 GAB “to ensure the uninterrupted operation of critical government functions, guarantee allocation of fiscal resources for vital initiatives, and enable the government to adeptly respond to emerging challenges.”

In his speech before the adjournment of session, Romualdez highlighted the House’s legislative efficiency, emphasizing their commitment to safeguarding national interests.

He commended the House members for their “enthusiasm, preparedness, and thorough scrutiny” of the proposed 2025 budget, leading to its prompt approval on the third and final reading.

“With the eventual approval of the nation’s 2025 budget not far behind, the national government is more than ready to finance and implement its future initiatives and flagship projects,” he said.

“We remain true to our objective to pursue an Agenda for Prosperity and enable every Filipino to directly experience and equitably share the gains brought by our collective and solid efforts,” he added.

The proposed budget makes up 22 percent of the country’s GDP, which is a 10.1 percent increase from the PHP5.768 trillion budget for this year.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle1 day ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle1 week ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...

Lifestyle2 months ago

Becoming Your Best Version

By Matter Laurel-Zalko As a woman, I’m constantly evolving. I’m constantly changing towards my better version each year. Actually, I’m...

Lifestyle2 months ago

The True Power of Manifestation

I truly believe in the power of our imagination and that what we believe in our lives is an actual...

Maria in Vancouver3 months ago

DECORATE YOUR HOME 101

By Matte Laurel-Zalko Our home interiors are an insight into our brains and our hearts. It is our own collaboration...

Maria in Vancouver3 months ago

Guide to Planning a Wedding in 2 Months

By Matte Laurel-Zalko Are you recently engaged and find yourself in a bit of a pickle because you and your...

Maria in Vancouver4 months ago

Staying Cool and Stylish this Summer

By Matte Laurel-Zalko I couldn’t agree more when the great late Ella Fitzgerald sang “Summertime and the livin’ is easy.”...

Maria in Vancouver4 months ago

Ageing Gratefully and Joyfully

My 56th trip around the sun is just around the corner! Whew. Wow. Admittedly, I used to be afraid of...

Maria in Vancouver5 months ago

My Love Affair With Pearls

On March 18, 2023, my article, The Power of Pearls was published. In that article, I wrote about the history...

Maria in Vancouver6 months ago

7 Creative Ways to Propose!

Sometime in April 2022, my significant other gave me a heads up: he will be proposing to me on May...