Finances season has begun, as Congress receives the 2025 Nationwide Expenditure Program, containing the proposed P6.352-trillion price range for subsequent yr ready by President Ferdinand Marcos Jr.’s financial managers.
For the remainder of the yr, the Home and the Senate will scrutinize the price range requests of all authorities businesses, trying into how they utilized the funds given to them for the present yr, and interrogating company heads about their 2025 price range proposals.
Each chambers of Congress will individually consider the proposals by numerous committee hearings and plenary classes, and move their very own variations of the spending invoice, after which choose representatives will convene to reconcile disagreeing provisions of their authorized measures. It is going to then be submitted to the President’s desk for his signature.
Observe the price range debates in Congress by this stay weblog.
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