The General Appropriations Bill (GAB) containing the P5.268-proposed national budget for 2023 reached the Senate plenary on Tuesday, after Finance Committee chairman Sonny Angara sponsored the budget bill a day after the 19th Congress resumed its sessions.
Angara said that P1.597 trillion will be tagged as automatic appropriations, while P4.259 trillion will cover the P3.671 trillion new programmed appropriations and P588 billion unprogrammed appropriations.
With food security on top of the administration's priority, the Department of Agriculture and its attached agencies, the Philippine Crop Insurance Corporation, and the Department of Agrarian Reform will receive up to P179.762 billion or a 39.5-percent increase from the agriculture's sector's 2022 funding.
The lawmaker said they have "assured" resources devoted to the National Disaster Risk Reduction Management Fund, which includes the appropriations for the Marawi Siege Victims Compensation Fund. Apart from the Universal Access to Quality Tertiary Education program, the Senate panel also strengthened other scholarship programs such as the Senior High School Voucher Program; Education Service Contracting for Junior High School; Student Financial Assistance Programs; Joint Delivery Voucher for SHS Technical-Vocational-Livelihood Specialization; and the Private Education Student Financial Assistance.
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