The House of Representatives tonight, December 9, ratified the bicameral committee approved final version of the P4.5 trillion 2021 national budget, Rep. Francisco “Kiko” Benitez (Neg. Occ., 3rd District) said.
The bicameral conference committee, composed of representatives from the Senate and the Lower House, had approved the final version of the national budget earlier today, which then needed to be ratified by both chambers of Congress.
The budget includes an allocation of P72.5 billion for COVID-19 vaccines.
“We passed today the 2021 national budget which will address the needs of our people towards recovery and resilience from the pandemic and disasters,” said Benitez, who is a member of the bicameral committee.
“The 2021 budget is the people’s budget – an investment for a better future through education, health care, peace-building, infrastructure and jobs,” he added.
Among the sectors with the highest budgetary allocation are education, health, infrastructure, livelihood and social services and peace building, he said.*