President Ferdinand 'Bongbong' Marcos Jr. hopes that Congress will approve the proposed 2024 National Budget, saying their approval would bring the Philippines one step closer to achieving the Government's transformative vision for the country.
P1.695 trillion is allotted for the salaries, benefits, pensions, allowances, and other compensation of government officials and employees, health workers, and military and uniformed personnel.
In his message, the President said the Government would continue working closely with the private sector and other branches of Government for the vital pieces of legislation that are needed along the way. In his message, the President said the proposed 2024 budget was vital to the Philippine Development Plan 2023-2028, which aims to strengthen the capabilities, protect the Filipinos' purchasing power, and enhance production sectors to generate more quality jobs and competitive products.
The Administration allocated P1.264 trillion to capital outlays , which cover major road and transport programs, and Marcos' Build Better More infrastructure program. General public services will receive P893.3 billion. This will fund expenses for general Administration, public order and safety, and other governance and regulatory services.
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