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MANILA, Philippines — Home Invoice (HB) No. 10800, which incorporates the P6.352 trillion proposed price range for 2025, was authorised by the Home of Representatives on the third and last studying on Wednesday.
In the course of the plenary session, 285 members voted in favor of HB No. 10800 or the Basic Appropriations Invoice (GAB), whereas three voted within the destructive, and none abstained.
The approval on the third studying got here simply hours after the invoice was authorised on the second studying.
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The Home was capable of approve the GAB on the third and second studying on the identical day after President Ferdinand Marcos Jr. on Tuesday licensed HB No. 10800 as pressing.
Underneath the principles, a invoice licensed as pressing by a sitting president may be thought-about for third studying with out observing the requirement of ready for 3 session days after the second studying approval.
Earlier, the Home adopted proposed amendments raised by the Home committee on appropriations, together with the discount of the Workplace of the Vice President’s (OVP) price range to P733 million.
The OVP was initially allotted a P2.037 billion price range below the Nationwide Expenditures Program (NEP), however lawmakers from the panel proposed to slash this as a result of Duterte’s conduct and revelations that some OVP packages suffered from low price range utilization.
In the course of the price range deliberations, it was additionally revealed that some OVP packages suffered from low utilization, like within the case of Magnegosyo Ta Day the place solely 0.04 p.c of funds — P600,000 out of P150 million — as of December 2023 have been used.
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