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Manila Bulletin devider Philippines devider National devider House receives proposed P6.352-T budget for 2025; Romualdez says 'mission is clear' 

House receives proposed P6.352-T budget for 2025; Romualdez says 'mission is clear' 

Published Jul 29, 2024 05:43 am

At A Glance

  • Job creation, quality education, expanded health care, and social protection are among the main thrusts of the P6.352-trillion National Expenditure Program (NEP) or proposed national budget for 2025,  the physical document of which was officially transmitted to the House of Representatives on Monday, July 29. Receiving the voluminous NEP from Department of Budget and Management (DBM) Secretary Amenah Pangandaman during a simple ceremony was House Speaker Martin Romualdez.

FB_IMG_1722231435663.jpgHouse Speaker Martin Romualdez (left) receives copy of the 2025 NEP from DBM Secretary Amenah Pangandaman (Speaker’s office)

 

 

 

 

 

 

 


Job creation, quality education, expanded health care, and social protection are among the main thrusts of the P6.352-trillion National Expenditure Program (NEP) or proposed national budget for 2025,  the physical document of which was officially transmitted to the House of Representatives on Monday, July 29. 

Receiving the voluminous NEP from Department of Budget and Management (DBM) Secretary Amenah Pangandaman during a simple ceremony was House Speaker Martin Romualdez. 

Also attending the event at the House of Representatives were other House officials like Majority Leader Zamboanga City 2nd district Rep. Mannix Dalipe, Minority Leader 4Ps Party-list Rep. Nonoy Libanan, and Committee on Appropriations Chairman Ako-Biicol Party-list Rep. Zaldy Co. 

“Ang badyet na P6.352 trilyon ay sumasalamin sa ating pangarap na mapabuti ang buhay ng bawat Pilipino,” Romualdez, the leader of the 300-plus-strong chamber said in his speech. 

(This budget worth P6.352 trillion mirrors our dream of improving the life of each Filipino.) 

The House, which possesses the power of the purse, received the proposed 2025 outlay in the backdrop of a destructive episode of floods and President Marcos' vow in his State of the Nation Address (SONA) to take better care of Filipinos. 

The 2025 NEP is 10.1 percent higher than the current 2024 General Appropriations Act (GAA) worth P5.768 trillion. 

“Sa 2025 national budget na ito, inaasahan namin na ibubuhos natin ang pondo para makalikha ng mas maraming trabaho, masiguro ang de-kalidad na edukasyon para sa mga estudyante, at mapalawak ang suporta sa Universal Health Care,” said Romualdez. 

(In this 2025 national budget, we expect that funds will be poured into the creation of more jobs, ensuring quality education for students, and to expand support for Universal Health Care.) 

“Malinaw ang misyon natin: Ang mabigyan ng trabaho, edukasyon, at alagang pangkalusugan ang bawat pamilyang Pilipino,” added the Leyte 1st district congressman. 

(Our mission is clear: to provide jobs, education, and healthcare to each Filipino family.) 

Submitted annually by the executive branch to the House following the President’s SONA, the NEP serves as the precursor to the General Appropriations Bill (GAB). Once signed by the President, the GAB becomes the GAA. 

The House--through the appropriations panel--intends to finish deliberations on the spending measure before the first recess this year of Congress in October.

Co's committee will begin hearings on the NEP in August.

 

Related Tags

Amenah Pangandaman national expenditure program (NEP) General Appropriations Act (GAA) Martin Romualdez DBM
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