Bicameral panel okays P2.606-trillion budget

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THE Bicameral Conference Committee has approved the proposed P2.606-trillion national budget for 2015.

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Sen. Francis Escudero, chairman of the Senate Committee on Finance, on Wednesday said there were no changes in allocations proposed by Malacanang.

The committee, however, realigned P72.542 billion, an amount that would have been used to buy out Metro Rail Transit 3 (MRT 3).

The realigned fund will instead go to rehabilitation of disaster-stricken areas and MRT 3.

Escudero said the bicameral discussion on the proposed 2015 General Appropriations Act went smoothly.

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1 Comment

  1. Can you please give us the details where and how the government will spent this 2.6T budget for 2015.?? i.e.
    dept of education
    dept of agriculture
    dept of defense, ,,, etc…etc. etc.
    the public has the right to know when, where you will spent this big amount of budget..
    MRT is a part of which dept of government agency…

    iam sure , there will be a big amount of money conduit thru this corrupt government officials headed by these administration.