PRESIDENT Ferdinand Marcos Jr. certified as urgent on Wednesday, September 20, 2023, House Bill 8980, or the General Appropriations Bill for Fiscal Year 2024.Marcos said he...
PRESIDENT Ferdinand Marcos Jr. certified as urgent on Wednesday, September 20, 2023, House Bill 8980, or the General Appropriations Bill for Fiscal Year 2024.
In response, Romualdez said the General Appropriations Bill is being deliberated on and is expected to be approved by the plenary next week. The DBM earlier said that P4.020 trillion will be allotted to government operating requirements and funding for agencies, while P1.748 for automatic appropriations, including the National Tax Allotment for local government units, Bangsamoro Autonomous Region in Muslim Mindanao Annual Block Grant, and debt service, among others.
Almost half of the proposed intelligence and confidential funds will be allocated to the Office of the President while the Office of the Vice President and the Department of Education, which are both under Vice President Sara Duterte Carpio, will get P500 million and P150 million, respectively.
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