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2025 national budget, lusot na sa bicameral conference committee
PTVPhilippines
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12/11/2024
2025 national budget, lusot na sa bicameral conference committee
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00:00
The 2025 National Budget is now included in the Bicameral Conference Committee where the fund for the ACAP Program is being retained.
00:08
Meanwhile, the 733 million pesos budget of the Office of the Vice President is also being retained.
00:16
This is Daniel Manalastas' report.
00:20
The budget for the assistance for the Acapos Angkita Program or ACAP
00:24
and the budget of the Office of the Vice President are just a few of the hot topics discussed by legislators for the 2025 National Budget.
00:32
But in the Bicameral Conference Committee, two remaining groups agreed on the 733 million pesos budget of the OVP.
00:41
But according to the Senate Committee on Finance Chairperson Senator Grace Poe, the OVP will still be able to do some of their programs.
00:49
We all have a wish list that we want to give.
00:55
But in the end, the majority will also be affected.
00:58
I explained to them that there is a chance for the Office of the Vice President to still help.
01:07
They have a social services allotment of 600 million that they can use for that.
01:17
In the budget of the ACAP, congressmen agreed to retain the funds for this.
01:23
But Poe said that there is already a deficit.
01:25
And now, even the Senators...
01:27
Before, this was just a House initiative.
01:30
But as a co-equal body, and for transparency, the Senate also has a chance to help through the ACAP.
01:45
So the initial amount that the House is asking for, 39 billion if I'm not mistaken,
01:52
we were able to lower it to about 26 billion or 20 plus billion.
01:59
So it's not like what they're asking for, but we were able to give it.
02:07
Because this ACAP, we were able to clarify what it is for.
02:15
Senator Sherwin Gatchal has clarified about the ACAP.
02:18
Because at the end of the day, this is an executive budget, not a legislative budget.
02:23
We can only do so much in terms of referrals.
02:26
But it's the execution of the executive side that matters.
02:29
The BICAM also agreed to a budget for the subsistence allowance for the soldiers.
02:34
Just like what we did, we added an increase of the AFP for our soldiers,
02:44
then subsistence allowance, we increased it from 150 to 350.
02:49
That is going to be maintained and fully supported for our soldiers.
02:54
The youths' pulse is different when it comes to the PhilHealth budget.
02:59
Poe said that the agency also has reserve funds.
03:02
PhilHealth was not given a budget because they need to use their reserve funds.
03:11
Why is it that the legality is being questioned? Because it's in the law.
03:16
That's the issue now. They're not spending their money.
03:20
Senator Juan Miguel Zubiri is dismayed with what happened to the DOST budget.
03:25
I'm saddened because the DOST budget was not given an additional.
03:30
I'm saddened because of the T-Vox. The volcano erupted the other day.
03:36
They don't have enough monitoring equipment.
03:39
When the leaders of the two branches of Congress discuss the 2025 budget,
03:45
we will make sure that this will be used wisely and with direction for the benefit of the people.
03:53
It's not because the Senate and Congress are just following each other.
04:01
The logic behind this is simple.
04:04
Our countrymen were given a big mandate by the President
04:08
to fulfill his promises, plans, and visions for our country.
04:13
Now that the process of the two branches of Congress is over,
04:17
the budget will be submitted to the President.
04:19
Daniel Manalastas for Pampansang TV in Bagong, Philippines.
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