The General Appropriations Bill (GAB), or the proposed 2024 national budget, has been officially turned over by the House of Representatives to the Senate today as Congress held a special session to welcome Japan Prime Minister Kishida Fumio.
House Bill 8980 was approved by the Lower House on its third and final reading last September 27. With the Senate’s plenary deliberations set to commence on November 8, 2023, the bill embarks on its next crucial phase of scrutiny. As we come together to shape the nation’s budget, let us envision a future where every peso serves the people, charting a path toward inclusive growth and development.