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Higit P6.3-T proposed 2025 national budget, pasado na sa Kamara;
PTVPhilippines
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9/26/2024
Higit P6.3-T proposed 2025 national budget, pasado na sa Kamara;
Small committee, binuo para tumanggap at mag-ayos ng individual amendments
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00:00
The National Fund for the next year was passed in the third and final reading of the Camera yesterday before the adjournment.
00:08
The new member of the Camera from the ACT-Bayan Party List, Mel Alesmora, was also on the plenary.
00:18
Session is adjourned until November 4, 2024, Monday at 3 o'clock in the afternoon.
00:26
The Camera formally adjourned last night.
00:30
But before that, they were able to pass in the third and final reading the House Bill No. 10800
00:37
or the estimated 6.352 trillion Pesos of the National Fund for the next year,
00:44
along with the approved General Appropriations Bill of the Camera,
00:48
the 733 million Pesos budget for the Office of the Vice President.
00:54
285 congressmen voted in favor of the approval of the 2025 GAAB,
01:00
while three abstained.
01:04
On his behalf, House Speaker Martin Romaldes thanked congressmen and low-income families for their efforts.
01:13
We adjourn the session in high spirits.
01:16
We have demonstrated once again our legislative efficiency with a succession of significant laws.
01:25
The House of the People, composed of dedicated public servants,
01:30
has demonstrated their tireless efforts to strengthen the Philippine economy,
01:37
broaden the range of public service, and reinforce the nation's trust in our governance.
01:44
We have once again proven that this is an institution of action and change.
01:52
Like the previous budgets, a small committee was formed to accept and amend individual amendments.
01:59
Among its members were the Appropriations Chair Elizaldico, Senior Vice Chair Stella Quimbo,
02:06
Majority Leader Manix Dalipe, and Minority Leader Marcelino Ribanan.
02:11
In the middle of the approval of the budget proposal,
02:14
Speaker Romaldes met with the new member of the Camarada,
02:18
ACT-Bayan Partylist Representative Percival Sendana.
02:22
Despite the recess of the Congress,
02:25
Speaker Romaldes continued to listen and monitor the important discussions,
02:31
especially when it comes to our economy.
02:34
We are on our way as one of Asia's best performing major emerging economies.
02:41
Among East Asia's economies that have disclosed their second quarter 2024 GDP,
02:47
we rank just below Vietnam at 6.9% while leading Malaysia at 5.8%, Indonesia at 5.1%, and China at 4.7%.
02:58
ACT-Congressmen will monitor not only the approval of the budget proposal,
03:04
but also its implementation.
03:07
Mela Las Moras for Pambansang TV in Bagong, Philippines.
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3:14
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