5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Senate targets budget approval by mid-December at the latest

by
October 2, 2024
in Stock
0
Senate targets budget approval by mid-December at the latest
SENATE PRIB

THE SENATE plans to approve the proposed P6.352-trillion national budget for 2025 by the second week of December at the latest, in time to submit the legislation to the Palace before Congress adjourns, Senate President Francis G. Escudero said.

“By tradition and by practice, bicameral conference committee deliberations of Congress last more or less two weeks, maximum,” Mr. Escudero said at a briefing.

“Before we adjourn, we need to send this (budget) to Malacañang since we won’t be in session, so we are hoping to approve the budget at the latest the second week of December and at the earliest, first week of December.”

He said the Senate is aiming to start plenary debate on the proposed national spending plan by the second week of November once it is sponsored to the floor by around Nov. 6.

Senate Finance Committee Chair Mary Grace Natividad S. Poe-Llamanzares has said the House of Representatives is set to transmit the General Appropriations Bill by Oct. 25.

She said senators were on track to wrap up committee deliberations on the individual budgets of government agencies by Oct. 18.

The House approved its version of the General Appropriations Bill on Sept. 25, ahead of its month-long break and 58 days after receiving the spending plan from the executive branch.

President Ferdinand R. Marcos, Jr. has certified the bill as urgent, allowing Congress to do away with the typical three-day interval between bill readings.

Under the 2025 National Expenditure Program, the Budget department slashed the proposed budgets for agriculture, health, and social welfare sectors by 4.7%, 7.6%, and 3.4%, respectively. — John Victor D. Ordoñez

Previous Post

Sept. power spot prices fall as weather cools

Next Post

Taiwan optical fiber company registers $70-M Batangas project with PEZA

Next Post
Taiwan optical fiber company registers $70-M Batangas project with PEZA

Taiwan optical fiber company registers $70-M Batangas project with PEZA

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Bid invitation issued for P349-million upgrade of Bacon, Sorsogon airport 

    Bid invitation issued for P349-million upgrade of Bacon, Sorsogon airport 

    July 7, 2025
    CA rules in favor of BIR in cigarette tax evasion case

    CA rules in favor of BIR in cigarette tax evasion case

    July 7, 2025
    DTI launches e-commerce trustmark

    DTI launches e-commerce trustmark

    July 7, 2025
    PHL food retailers seen growing 7% — USDA

    PHL food retailers seen growing 7% — USDA

    July 7, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.