Defining the News
A week before President Ferdinand Marcos Jr.’s State of the Nation Address and the resumption of sessions, Speaker Ferdinand Martin Romualdez on Sunday assured that the House of Representatives is committed to passing the 2025 national budget.
The 2025 national budget, which represents a 10-percent increase from this year’s P5.768-trillion allocation, is equivalent to 22 percent of the country’s gross domestic product. These SONA measures, according to Romualdez, are crucial for addressing the country’s immediate needs and promoting sustainable development.
“The House has diligently prioritized LEDAC bills, leading to substantial progress, with over 12,000 measures filed and 75 bills enacted into law,” he shared. Romualdez reaffirmed the House’s commitment to passing the remaining three of the 28 LEDAC bills targeted for approval before the end of the 19th Congress — the amendments to the Electric Power Industry Reform Act, Agrarian Reform Law and Foreign Investors’ Long-Term Lease Act.
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