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House panel approves P1.816-T budget for 2012 By Gerry Baldo 08/29/2011

Monday, August 29, 2011

House panel approves P1.816-T budget for 2012

By Gerry Baldo 08/29/2011
The House committee on appropriations has approved the P1.816-trillion proposed national budget next year and is expected to deliberate on the measure in plenary on Sept. 6.

According to Cavite Rep. Joseph Emilio Aguinaldo Abaya, chairman of the panel, the House is right on track in the budget deliberations even the 2012 budget would be ready for signing by the President before the year ends.

“We passed the committee report last Friday. We will sponsor the general appropriations bill in the plenary on Sept. 6,” Abaya said yesterday.

Abaya added the proposed budget, which was approved by his committee, was no different from what Malacañang had proposed and that it included the controversial P39.4 billion allotment for the Department of Social Welfare and Development (DSWD)’s conditional cash transfer..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/nation/20110829nat2.html

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