House set to receive the proposed P6.3 trillion budget for 2025

House set to receive on Monday the proposed P6.3 trillion budget for 2025

By: - Reporter /
/ 12:13 PM July 28, 2024

AUGUST 2, 2023 Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman led the turnover of the FY 2024 National Expenditure Program (NEP) to Congress today, August 2. Received by House Speaker Ferdinand Martin G. Romualdez, the FY 2024 NEP is anchored on the theme, “Agenda for Prosperity Securing a Future-Proof and Sustainable Economy.” The proposed national budget is framed based on the 8-Point Socioeconomic Agenda and will continue to support the goals of the Philippine Development Plan 2023-2028. House Majority Leader Manuel Jose Dalipe, Senior Deputy Speaker Rep. Aurelio Gonzales, Jr., Committee on Appropriations Chairperson Rep. Elizaldy Co, and Vice Chairperson Rep. Stella Quimbo, and DBM Undersecretaries Janet Abuel and Joselito Basilio, and Assistant Secretary Mary Anne Dela Vega joined the press conference following the ceremonial turnover. DEPARTMENT OF BUDGET AND MANAGEMENT

Budget Secretary Amenah Pangandaman (fifth from left) led the turnover of the proposed 2024 National Expenditure Program (NEP) to Congress on August 2, 2023. (File photo from DEPARTMENT OF BUDGET AND MANAGEMENT)

MANILA, Philippines — Malacañang will submit its proposed national budget for 2025 amounting to P6.3 trillion to the House of Representatives on Monday.

Speaker Martin Romualdez, in a statement on Sunday, said the chamber will receive the proposed budget from Budget Secretary Amenah Pangandaman.

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The speaker noted the lawmakers are ready to start committee deliberations.

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READ: House ensures ‘swift approval’ of 2025 budget – Romualdez

“We will make sure that enough funds will be allocated for social services and for programs that will sustain our economic growth,” Romualdez said.

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Earlier, the House leader guaranteed the approval of the budget and other priority bills under the Marcos administration before the end of September or the first recess of Congress in October.

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The lawmaker said the 2025 National Expenditure Program (NEP) is submitted to Congress within 30 days after Sona, as stated under the 1987 Constitution.

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It is called the General Appropriations Act when signed into law by the president.

The speaker said the House “would align its version of the 2025 budget with Marcos’ spending priorities and his Agenda for Prosperity.”

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Following the typhoon Carina and the southwest monsoon, Romualdez inspected flooded areas in Metro Manila.

He also committed to reviewing and updating the flood control projects in the National Capital Region and in other parts of the country that were easily affected by the floods.

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