Budget gets House OK, awaits Aquino signature



Philippine President Benigno Aquino III. AP

The P2.006-trillion national budget for 2013 is only awaiting the President’s signature, after the House of Representatives ratified Wednesday night the bicameral conference report on the general appropriations act.

The budget’s final version was ratified without a hitch in the House, which completed the matter before embarking on the lengthy, contentious period of amendments on the controversial reproductive health bill.

The Senate ratified the bicameral conference report early Wednesday.

The relatively swift approval of the general appropriations act will allow the President to sign the budget before the year ends, and do away with the previous scenario of having a reenacted budget in the first few weeks or months of the year.

The 2013 budget features increased spending for infrastructure and a bigger budget for the conditional cash transfer program, which will be expanded to cover 3.8 million households.

The Department of Education will get the biggest allocation for 2013, with P293.32 billion.

The Department of Public Works and Highways has been allotted P152.4 billion, and the Department of National Defense, P121.6 billion.

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Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

  • EdgarEdgar

    Yes! Here comes all the pork, all the bacon, all the lard and grease and all. Reminds me of Drilon and his neckless bloatedness and all. 

  • disqusted0fu

    with the self proclaimed straight path of Aquino, no doubt he will sign this P2 trillion budget and it may very well go straight to his path.

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