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Senate approves 2025 nat’l budget on third and final reading
PTVPhilippines
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11/26/2024
Senate approves 2025 nat’l budget on third and final reading
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00:00
The Congress or Legislature is on track and scheduled to enact the 2025 General Appropriations Bill to law
00:06
after hurdling third and final rating earlier today with 18 senators voting yes.
00:12
So there's more than enough time to argue and then come together or compromise on a final bill at the bicameral level
00:18
before the President inks the most important piece of legislation before year end
00:22
as we hear more from our Daniel Manalastas.
00:25
The Senate has approved on third and final reading Tuesday the proposed 2025 National Budget or the 2025 General Appropriations Bill
00:36
garnering 18 yes votes.
00:38
Senate Committee on Finance Chairperson Senator Grace Poe said she's confident saying they fulfilled their promise.
00:45
Every decision is regretted. Every fund is assured to have the right purpose.
00:51
You were able to form a humane, fair, and balanced budget.
00:58
Poe narrated some of the highlights of the budget like more importantly the program for health, education, livelihood, and more.
01:05
In order to ensure the continuous and more affordable hospital and medicine for our countrymen,
01:12
we raised the fund for medical assistance to indigent and financially incapacitated patients.
01:21
Meanwhile regarding the contentious issue on the budget of the Office of the Vice President and the Ayuda sa Kapos Ang Kita Program or ACAP,
01:29
in a text message Poe said the budgets of the two will be determined through the Bicameral Conference Committee
01:36
which means the budget of the OVP will remain at the General Appropriations Bill level
01:41
while ACAP's budget will be restored to the National Expenditure Program's level.
01:46
Meanwhile Poe also assured programs for housing, employment, nutrition, agriculture.
01:52
Senators also addressed the budget for the disaster, tourism, and transportation.
01:57
Senator Javier Hercedo confirmed meanwhile the restoration of the AFP Modernization Program's budget.
02:04
I'm very happy at least kahitapano napalitin 10 million.
02:08
Given the precarious situation, sensitive situation in the West Philippines, all the more that we need to support the modernization.
02:16
Meanwhile in light of the President's order to ban POGO, Poe assured this will be funded well.
02:22
We augmented the budget for the Presidential Anti-Organized Crime Commission
02:27
so that they can hire additional personnel and effectively implement the crackdown on POGO activities,
02:33
especially those operating underground.
02:36
Daniel Mananastas from the National TV for a new and better Philippines.
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0:55
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