Senate finance panel greenlights DBM proposed 2025 budget
Photo from Official Gazette/Website
MANILA, Philippines — The proposed 2025 budget of the Department of Budget and Management (DBM) has been greenlighted at the committee level to be submitted for plenary approval.
Before suspending the hearing of the Senate subcommittee on finance on Monday, Sen. Grace Poe declared that DBM’s P3.191-billion proposed budget for 2025 is “deemed submitted.”
“With regards to the DBM, deemed submitted to the committee, we’re just suspending it so that we can hold hearings later on with or without a quorum,” said Poe, head of the Senate committee on finance.
“It’s a continuing hearing. But in terms of you guys, it’s submitted,” she added.
INQUIRER.net sought the clarification of Poe’s office as to whether or not the budget would still still undergo scrutiny by the subcommittee’s main panel, but the senator’s office said it was already “approved at the committee level.”
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Article continues after this advertisementThe budget proposal of DBM is 23.44 percent higher than its 2024 budget which is P2.585 billion.
DBM’s 2025 proposed funding would cover the operating requirements of the DBM Office of the Secretary and the Government Procurement Policy Board – Technical Support Office.