House Speaker Ferdinand Martin Romualdez and House committee on appropriations chairperson Elizaldy Co (Ako Bicol party-list) see the approval of the proposed 2024 national budget before October this year. | GabrielLaluINQ
With the early submission, Romualdez said House has more time to deliberate on the proposed budget.“Maraming salamat po sa pagbibigay sa amin ng sapat na panahon para pag-aralan ang proposal ng Executive Department,” Romualdez said.
“This necessitates the committee checking if the projected revenues and borrowings reflected in the BESF are enough to fund the expenses, and, just as importantly, if they are funding the right projects and initiatives,” he explained. During this period, legislators can recommend additions, deductions, and other changes to the planned allocations and expenses.
Romualdez, Co, and Quimbo agree the chamber’s version of the bill should be approved in two months’ time.
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