House and Senate leaders on Friday assured the public “we will have the Agenda for Prosperity national budget before the end of the year.”
Speaker Martin Romualdez assured that the House and the Senate has started reconciling their versions of the proposed P5.268-trillion 2023 spending bill through a bicameral conference committee .
“We have sufficient time, we will finally approve the budget before yearend. It is the most important tool in accomplishing the objectives of the President’s Agenda for Prosperity and his eight-point socio-economic development plan,” Romualdez said. “Hopefully by next week, we will finish it and ratify it after next week,” said Angara in an interview.
Quimbo said lawmakers would adopt the Medium Term Fiscal Framework, which serve as the roadmap to steer the country back to its high-growth trajectory, in considering these amendments. The upper chamber has also increased the allocation of Council for the Welfare of Children by P60.132 million; Juvenile Justice and Welfare Council by P100 million; National Authority for Child Care by P300 million; Philippine Commission on Women by P21.295 million.
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