Palace confident 2014 budget will be passed before yearend

Communications Secretary Herminio Coloma. INQUIRER FILE PHOTO

MANILA, Philippines – Malacanang on Saturday expressed confidence that the proposed P2.26 trillion budget for 2014 will be passed into law before yearend.

“We are very confident that with the coordination of the two houses of Congress and the Executive Department, the budget will be passed and signed into law before yearend so it will take effect January 1,” said Communications Secretary Herminio Coloma Jr. in a statement.

Coloma said under the Aquino administration, Congress has managed to pass the budget before yearend.

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