Senate committee starts review of proposed P2.6T budget

Senate of the Philippines. INQUIRER FILE PHOTO / EDWIN BACASMAS

MANILA, Philippines – The Senate on Tuesday began deliberations in a committee level the proposed P2.6 trillion national budget for 2015.

The Senate committee on finance  headed by Senator  Francis “Chiz” Escudero started the budget hearing with the briefing  from the Development Budget Coordinating  Council (DBCC).

Present in the hearing were Budget  Secretary  Florencio Abad  and other officials of the Department of Budget and Management,  officials of the Department  of Finance led by its head,  Secretary Cesar Purisima, National Economic and Development Authority  Director General Arsenio Balisacan, Internal Revenue Commissioner Kim Jacinto-Henares and officials of the  Bangko Sentral ng Pilipinas, among others.