Budget Secretary Amenah Pangandaman on Monday submitted to the House of Representatives the proposed P5.268 trillion national budget for 2023.
Speaker Ferdinand Martin Romualdez said the House is eyeing to finish the committee deliberations on the budget proposal on or before October 1.
“We expect the budget to be signed by December or the General Appropriations Act will be forwarded to Malacañang by first week or second week of December so we could all have a nice Christmas celebration,” she added. The DBM noted that this was an increase by 120.4% from its P75.8 billion budget in 2022, which covers the augmented funding requirements for various foreign-assisted railway projects.
The government would also strengthen the country’s health system through improvement of health facilities and services. On the other hand, the Department of Agriculture, its attached agencies, and the Department of Agrarian Reform will be allotted P184.1 billion, a 39.2% increase from its 2022 allocation.
“Our budget provides for the implementation of the projects and programs of the DSWD. The President said it himself—we must not neglect the poorest of the poor, Pangandaman said.
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