Senate Passes 2025 Budget: Key Insights on OVP Funding and Transparency Calls

Dela Rosa: No Justification Needed for OVP Budget Hike

Senator Ronald “Bato” Dela Rosa stated that there is no need to justify the increase in the Office of the Vice President (OVP) budget. He emphasized the importance of showing mercy.

Senate Approves 2025 Budget

The Senate has approved the 2025 national budget on its final reading. The budget for the OVP and the AKAP program will move to the bicameral conference committee for further discussion.

Concerns Over GOCC Fund Sweeping

Senators noted that there is no provision in the budget bill that allows for sweeping funds from Government-Owned and Controlled Corporations (GOCCs). They aim to ensure that this practice does not happen.

Imee Marcos Calls for Transparency

Senator Imee Marcos urged for more transparency and dialogue during the bicameral discussions of the 2025 budget. She stressed the need for open communication and clarity in the budgeting process.

Senate Passes 2025 National Budget

The Senate has officially passed the national budget for 2025. This step is crucial for the country’s financial planning and development initiatives.