Lawmakers expect President Ferdinand Marcos Jr. will be able to sign the 2023 budget into law by mid-December, Senator Juan Edgardo Angara said over the weekend. READ:
Angara, head of the Senate committee on finance, said the budget bill is set to be passed by late November, following plenary debates in November.
He also said lawmakers would focus on marginalized sectors that suffered most from the COVID-19 pandemic and would also push to support entrepreneurs through credit programs. The House of Representatives led by Speaker Martin Romuldez is likewise on schedule to pass the proposed P5.268-trillion national budget bill next month, the lower chamber’s appropriations panel chair Rep. Elizalde Co said last week.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FIRST LOOK: Halle Bailey as Ariel in 'The Little Mermaid' teaserDisney+ released the highly-anticipated teaser for the live-action adaptation of The Little Mermaid! 🧜♀️
Read more »
DOT scuba diving unit getsNG support for the first time - BusinessMirrorTHE Philippine Commission on Sports Scuba Diving (PCSSD) has been allocated a budget of P9.53 million for the first time since it was set up by law in 2009. Tourism Secretary-designate Christina Garcia Frasco made this disclosure in a news statement on Thursday, as she expressed appreciation for the recognition the Philippines received as Asia’s
Read more »
Ex-sugar execs say consciences ‘clear’ on SO4Officials behind the signing of the controversial Sugar Order No. 4 (SO 4)—suspended Agriculture Undersecretary Leocadio Sebastian and resigned Sugar
Read more »
Lagman notes MSME development budget cut in NEP - BusinessMirrorA lawmaker has questioned the reduced budgetary allocation for the development of micro, small, and medium enterprises (MSMEs), noting that it runs counter to the “bold pronouncements” of the administration on fully supporting small merchants. Albay Rep. Edcel Lagman singled out the P1.226 billion or 35.20 percent reduction for MSME development in the proposed budget of
Read more »
Build school libraries, increase budget for classrooms --- RectoWith the Philippines ranking last among 79 countries in reading comprehension, House Deputy Speaker Ralph Recto said on Sunday, Sept. 11, the government should again build school libraries.
Read more »