Congress ratifies 2023 national budget - BusinessWorld Online

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Congress ratifies 2023 national budget - BusinessWorld Online
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CONGRESS on Monday ratified the Bicameral Conference Committee report on the proposed P5.268-trillion national budget for next year, with leaders hoping it will be signed into law by President Ferdinand R. Marcos, Jr. before the Christmas break.

Under the consolidated version of the 2023 national budget, the Bicameral Conference Committee restored the confidential and intelligence funds of the Department of Education , among other things.

Marikina Rep. Elizaldy S. Co, chairman of the House Appropriations Committee, said it was the House contingent’s decision to restore the DepEd’s confidential funds, adding the DepEd should “secure the future of our children.” Meanwhile, Mr. Angara said the budget for the education sector was also increased to P900.9 billion under the bicameral report, from the Senate’s proposal of P884.6 billion.

The bicameral panel also raised the infrastructure budget, as well as the allocations for the Department of Justice , Department of Interior and Local Government and the Judiciary, Mr. Angara said, without giving details. The senator said the final version of the 2023 national budget leaned more towards the House version, but said the deliberations were “fair.”

The national budget includes funding for COVID-19 vaccination procurement worth P3.5 billion under unprogrammed appropriations, but lawmakers said the Health department would be given leeway to use the funds for other illnesses if necessary.

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