MANILA – The House of Representatives is set to receive Malacañang’s proposed P6.352-trillion national budget for 2025 on Monday (29 July 2024).
Speaker Martin Romualdez announced that Budget Secretary Amenah Pangandaman will formally submit the budget and related documents at 10 a.m.
Romualdez pledged to convene the House Committee on Appropriations immediately to deliberate on the proposal and secure its approval before the first congressional recess in October.
“We will ensure adequate funding for social services and programs that sustain our economic growth,” he said, promising thorough scrutiny of each allocation to guarantee judicious spending by agencies.
The 2025 proposed budget is P585 billion higher than this year’s P5.768 trillion outlay. As of May 31, the Department of Budget and Management had released PHP5.114 trillion, or 88.7 percent, of the 2024 national budget. Government agencies received PHP3.417 trillion for key programs and projects.
“For FY 2025, we will continue to advance our agenda for prosperity,” Pangandaman stated at a recent economic forum. “We have laid the groundwork for sustainable economic development where no Filipino is left behind. Now, we will build on our gains and strive to fulfill the aspirations of the Filipino people.”
(el Amigo/mnm)
