Tag: 2024 national budget

PBBM vetoes two provisions in 2024 nat’l budget law

(Eagle News)–President Bongbong Marcos vetoed two provisions in the 2024 General Appropriations Act—one involving a Department of Justice (DOJ) revolving fund and the other the implementation of the National Government’s Career Executive Service Development Program. According to the Presidential Communications Office, in vetoing Department of Justice (DOJ)-Office of the Secretary (OSEC), Special Provision No. 1, ‘DOJ Revolving Fund,’ Volume I-A, page 1119, the President said in his December 20 letter to Speaker Martin Romualdez and […]

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PBBM signs P5.768-trillion national budget for 2024

(Eagle News) — President Bongbong Marcos on Wednesday, Dec. 20, signed into law the P5.768-trillion national budget for 2024. The approved budget was 9.5 percent higher than this year’s P5.268-trillion national budget. Earlier, Senator Sonny Angara, chair of the Senate committee on finance, said the following, among other agencies, saw increases in their budget for next year, under the Senate-ratified proposed 2024 national budget: Philippine Army General Headquarters of the Armed Forces of the Philippines […]

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DBM allocates over P38 billion for career advancement, allowances of public school teachers in proposed 2024 national budget

(Eagle News) — The Department of Budget and Management has allotted P38.63 billion in the proposed 2024 national budget for the career advancement and allowances of public school teachers. According to the DBM, over 900,000 are expected to benefit from the allocation, should it be approved. Of the figure, P2.16 billion are expected to be  for a training program to foster and support the professional and career advancement of personnel in schools and learning centers, […]

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