Skip to player
Skip to main content
Skip to footer
Search
Connect
Watch fullscreen
Like
Comments
Bookmark
Share
Add to Playlist
Report
House Appropriations Committee starts deliberations on proposed P6.352-T nat’l budget for 2025
PTVPhilippines
Follow
8/5/2024
House Appropriations Committee starts deliberations on proposed P6.352-T nat’l budget for 2025
Category
🗞
News
Transcript
Display full video transcript
00:00
Every morsel of the national budget came from the people and should benefit the people.
00:06
That's how the lower house sees it.
00:07
That's why lawmakers want to ensure through their deliberations that every peso is well
00:11
spent and does not go to waste.
00:14
Clazel Pardilla has the full story.
00:18
The House Committee on Appropriation has officially commenced its hearing on the proposed national
00:23
budget for 2025.
00:25
The budget presented reached 6.352 trillion pesos, reflecting an increase of over 10%
00:33
compared to last year's budget of 5.7 trillion pesos.
00:38
House Speaker Ferdinand Marquinro-Maldas assured the public that Congress will carefully review
00:43
every detail of the proposed budget to ensure that every peso is utilized for the benefit
00:49
of Filipinos.
00:50
Our mission in studying the 2025 budget is clear.
00:56
We will give back to all Filipinos the wisdom that is collected through programs and projects
01:05
that benefit them.
01:07
We will ensure that the service of the government is for all.
01:13
Together, we will rise.
01:16
No one will be left behind.
01:19
The Development Budget Coordination Committee presented a proposed budget highlighting the
01:24
largest allocation is earmarked for the education sector.
01:28
This funding is intended to sustain and enhance the provision of free education under the
01:34
Universal Access to Quality Education Initiative.
01:38
Following the education sector, significant investments will be made in infrastructure
01:44
projects aiming to boost national development.
01:47
The budget also includes provisions for expanding health benefits and improving the welfare
01:53
of the poorest and most vulnerable Filipinos.
01:57
This will be achieved through continued support under the Pantawid Pamilya Pilipino Program
02:02
and the government's Zero Hunger Program.
02:05
That is why questions have been raised regarding whether the allocated funding for the food
02:10
stamp program is sufficient to effectively reduce incidents of hunger.
02:15
We have 104 billion pesos for subsidies.
02:19
Based on the latest data, Madam Chair, we have 4,311,326 household beneficiaries.
02:25
So assuming that they receive 25,000 each, if you multiply that with the total amount
02:30
of beneficiaries, that would give us 107.7 billion pesos.
02:36
So there might be a possibility that we might encounter another budget deficit.
02:40
There were queries also on whether the financial aid provided to beneficiaries of the four
02:45
P's will be increased to alleviate the impact of inflation.
02:50
Our president has directed the DSWD, PSA, and NEDA to examine the possibility of adjusting
02:56
the cash assistance provided.
02:58
How much are the recommended cash grants?
03:00
An increase from 2,850 to 3,550.
03:06
And that takes care of the inflation.
03:09
The adjustment will be made in 2026.
03:12
The proposed budget for the agricultural sector stands at Php 211 billion.
03:18
This allocation is intended to boost food production and make essential goods more affordable.
03:24
However, this budget amount has been reduced, which concerns some lawmakers.
03:29
Largely due to the lower subsidy to NIA, which declined by Php 27.7 billion.
03:36
The proposed Php 70 billion set aside for increasing government employees' salaries
04:00
has come under scrutiny.
04:02
The allocation, however, does not extend to job order and contract of service employees.
04:07
To ensure the allocated funds are effectively used and promptly spent, the Department of
04:37
Budget and Management has committed to an expedited budget release and fast-track procurement
04:44
processes.
04:45
House Speaker Ron Maldas has promised to ensure the funds will be put to good use to contribute
04:50
to the country's development and deliver tangible benefits to the Filipino people.
04:55
Kalays Alpardilla for the New and Better Philippines.
Recommended
0:45
|
Up next
House panel slashes proposed 2025 budget of Sara Duterte’s OVP by P1.3 billion
rapplerdotcom
9/12/2024
3:58
Lower house holds hearings on proposed 2025 budgets of PAGCOR, PCSO
PTVPhilippines
8/6/2024
2:32
House Appropriations committee concludes budget deliberations for proposed 2024 GAA
PTVPhilippines
9/13/2023
1:51
House vows to transmit proposed 2021 budget on Oct. 28-30
PTVPhilippines
10/16/2020
4:14
House Appropriations Committee swiftly terminates briefing on OP’s proposed P9-B budget for 2023
PTVPhilippines
9/2/2022
2:38
Proposed 2020 budget ng Office of the President, inaprubahan sa House Committee level
PTVPhilippines
9/6/2019
0:34
Senate Committee on Finance assures increase in 2024 proposed budgets of DepEd, DOH
PTVPhilippines
8/25/2023
0:40
Senate adopts House’s proposed P733-M budget for OVP
Manila Bulletin
11/5/2024
2:16
Rabiya Mateo, proud milestone na makabili at ma-renovate ang bahay matapos ma-scam last year | 24 Oras
GMA Integrated News
today
0:32
Istasyon sa New York, binaha sa gitna ng matinding pag-ulan | 24 Oras
GMA Integrated News
today
1:47
Gibo fights back vs. 'smear campaign' over dual citizenship rumor
Manila Bulletin
today
8:46
New LPA could become tropical depression Crising — PAGASA
Manila Bulletin
today
1:32
As 2026 chair, PH eyes to fast-track South China Sea Code talks in ASEAN
Manila Bulletin
today
0:45
Rustan’s executive Paolo Tantoco died of cocaine use, says LA medical examiner
rapplerdotcom
yesterday
0:56
Campus journalist’s murder in Tagum sparks outrage, scrutiny of youth justice law
rapplerdotcom
yesterday
0:56
Teodoro confirms once holding Malta passport; says renounced before 2022 Senate run
rapplerdotcom
yesterday
0:28
K-pop group AHOF to hold Ph concert in August
PTVPhilippines
today
0:38
EXO’s Chen looks forward to seeing his Filipino fans again
PTVPhilippines
today
1:03
CCE's Philippine Collegiate Championship to launch 3rd season
PTVPhilippines
today
0:44
PLDT High Speed Hitters defeats Choco Mucho Flying Titans in 2025 PVL On Tour Petro Gazz suffers loss from Foxies at PVL On Tour
PTVPhilippines
today
0:45
Ticketing details for Han So Hee meet in Manila revealed
PTVPhilippines
today
0:24
QC Service Caravan to be conducted on July 17
PTVPhilippines
today
0:26
Free concert to be held at QMC on July 20
PTVPhilippines
today
0:36
NAPC taking steps to reduce Ph poverty
PTVPhilippines
today
2:58
PAOCC, NBI conduct raid in Pasig City
PTVPhilippines
today