MANILA, Philippines – The first full annual budget of the Marcos administration is eyed to be one that will prepare the Philippines to be resilient as it recovers from the COVID-19 pandemic, deals with more natural calamities, and survives through the instability of the global economy, according to the budget bill’s Senate sponsor.
In sponsoring the General Appropriations Bill (GAB) in the Senate plenary on Tuesday, November 8, Senate finance committee chair Senator Sonny Angara said that the budget was “not simply a spreadsheet” but a plan toward “development and prosperity.”
The proposed 2023 budget, which the House of Representatives approved on September 28, is pegged at P5.268 trillion. Of this, P1.5979 trillion is for automatic appropriations.
Congress will debate on P4.259 trillion of the budget, which includes P3.671 trillion for programmed new appropriations and P588 billion unprogrammed funds.
“Kaya, kung bibilangin natin – ilang daan ba ang magagawa, mga patabang maibibigay, mga patrol ng pulis na made-deploy, mga kaso sa korte na matatapos, mga scholarship