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THE excise tax share that tobacco-producing local government units (LGUs) would receive this year would be at P21 billion, about 10.52-percent higher than the P19 billion they received last year, according to the Department of Budget and Management (DBM). In a recent local budget memorandum, Budget Secretary Amenah F. Pangandaman…
The House of Representatives is on schedule to pass the proposed P5.268-trillion national budget bill next month, the lower chamber’s appropriations panel chair said Tuesday.
MANILA - The House of Representatives is "on track" with its schedule to pass the proposed PHP5.268-trillion national spending budget for 2023 on the third and final reading by October 1, a House leader said on Tuesday. In a media briefing, Marikina City Rep. Stella Quimbo, senior vice chairperson of the House Committee on Appropriations, said as of Monday, 14 out of 34 agencies have briefed the chamber regarding their respective budget proposals. Quimbo said the panel is expected to finish the budget hearings by September 16, while plenary deliberations are set to begin on September...
Malacañang presented this week the government’s P5.268-trillion national budget proposal for 2023 to the House of Representatives, where all money measures originate.