Senate suspends consideration of proposed P5.768-T 2024 budget

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Senate suspends consideration of proposed P5.768-T 2024 budget
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There was no mention of either confidential funds or intelligence funds for the Department of Education (DepEd).

MANILA - The Philippine Senate on Tuesday suspended consideration of the House Bill 8980 under Committee Report 155 or the proposed 2024 General Appropriations Bill worth P5.768 trillion.In his sponsorship speech, Senator Sonny Angara, Chairman of the Senate Committee on Finance said, they are setting aside P21 billion for the NDRRM Fund, formerly known as the calamity fund.

The 2024 national budget, according to Angara, will also focus on enhancing the country’s capabilities to safeguard national security, maintain it’s territorial integrity and uphold the country’s sovereignty.“We have to commend the Marcos administration for increasing their proposed spending for the defense sector in the coming year. With the programmed funds for national defense amounting to P232.

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