2023 budget to address immediate concerns—DBM By Chino S. Leyco The spending priorities of the Marcos administration’s first national budget for the new year, amounting to P5.268 trillion, is the starting point of the eight-point socioeconomic agenda in the near term. This aims to address the...
The chief economic manager of President Ferdinand R. Marcos Jr. lauded Congress for the early passage of the 2023 national budget as it plays a critical role in fueling optimism over next year’s growth prospects. Finance Secretary Benjamin E. Diokno said the swift enactment of the 2023 General...
Senate Majority Leader Joel Villanueva on Wednesday, December 21 said he respects the President’s prerogative to veto some provisions of the General Appropriations Act (GAA) 2023. "And we trust in his wisdom," Villanueva said. "The work of the legislature now is to continue its oversight powers...
President Ferdinand "Bongbong" Marcos Jr. has vetoed three provisions of the 2023 national budget, which, he said, are unrelated and could amend substantive laws. President Ferdinand "Bongbong" Marcos Jr. has signs into law the P5.268-trillion national budget for 2023 on Dec. 16, 2022. (Ali Vicoy)...
The 12 remaining priority measures of the Marcos administration, as listed in the Common Legislative Agenda (CLA) of the Legislative-Executive Development Advisory Council (LEDAC), will be passed next year. President Ferdinand "Bongbong" Marcos Jr. (left) and House Speaker Martin Romualdez...
Senator Sherwin Gatchalian on Monday, December 19 assured that the National Academy of Sports (NAS) will receive adequate funding support under the recently approved P5.268-trillion national budget for 2023. Gatchalian said the funds appropriated for NAS will make sure its operations are not...
House members are still on a high following the early enactment of the 2023 national budget, which some have called "record-breaking". First-time lawmakers are no exception. Bulacan 6th district Rep. Salvador Pleyto (Facebook) One of them, Bulacan 6th district Rep. Salvador Pleyto, couldn't help...
This early, Albay 2nd district Rep. Joey Salceda wants the Philippines' national budget for 2024 to have funding for coastal defense. Albay 1st district Rep . Joey Salceda Salceda, chairman of the House Committee on Ways and Means, said this would allow "arming our own navy with credible...
Foreign envoys were among the witnesses at the signing of the P5.268-trillion 2023 national budget by President Ferdinand “Bongbong” Marcos Jr. in Malacañang on Friday, Dec. 16. (Photo from US Ambassador to the Philippines MaryKay Carlson via Twitter) One of the guests, United States (US)...
The early signing of the 2023 General Appropriations Act (GAA) in Malacañang is a big deal, House Minority Leader and 4Ps Party-list Rep. Marcelino Libanan said. 4Ps Party-list Rep. ,Marcelino Libanan (Facebook) "Isa pong karangalan ang maimbitahan sa mahalagang kaganapan na ito dahil ngayong araw...
The significance of the 2023 national budget's enactment isn't lost on Bagong Henerasyon (BH) Party-list Rep. Bernadette Herrera, even if she's a member of the House minority bloc. Bagong Henerasyon (BH) Party-list Rep. Bernadette Herrera In a statement, the deputy minority leader said she expects...
Ako Bicol Party-list Rep. Zaldy Co has expressed confidence that the newly-signed 2023 General Appropriations Act (GAA) will help the country further recover from the ravages of the Covid-19 pandemic. Ako Bicol Party-list Rep. Zaldy Co (Facebook) "The annual passage of the is the single most...