Republic of the Philippines
HOUSE OF REPRESENTATIVES
Metro Maria
NIN FTEENTTI CONGRESS
Second Regular Session
HOUSE BILL No.  _8L±&0
Introduced  by     Representatives   Co   (E.),   Romualdez   (F.M.),   Dalipe,   Marcos,   Quimbo,   Co   A.N.),
Suansing,  Jr.  (H.),  Violago,  Nava,  Salimbangoli,  Bautista-Lim,  Ty,  Lacson,  Zamora
(M.C.), Abante, Jr., Dujali,  Espina, Jr., Bautista, Tiangco,  SingTson (R.V.), Limkaichong,
Campos, Jr., Calderon, Del Mar, Vargas-Alfonso, Lara, Gonzaga, Cajayon-Uy, Yu (D.G.),
Cari, Martinez,  Cuaresma, Cabre'do, Garin, Tan. (S.), Aquino 11, Suarez,  Cua, Alonte, Dy
V (F.), Matugas 11, De Venecia, Dy (I.P.), Bongalon, A]varez (J.), Arenas, Albano, Loyola,
Gonzales  11  (N.),  Haresco,  Jr.,  Go  (E.C.),  Celeste, Alvarez  (M.),  Fuente-bella,  Zubiri, Jr.,
Umali,   Jr.,   Villaraza-Suarez,   Yap'  (Eric),   Bernos,   Momo,   Sr.,   Vergara,   Advincula,
Atayde,  Garcia (D.),  Garcia (M.A.),  Gardiola,  Luistro, Mercado,  Nograles  (M.),  Pancho,
Rama, Jr.,  Rill6, Villafuerte (M.L.), Bascug, Plaza, Tan (J.), SaH,  Cruz, Jr. (R.), Angara,
Cruz, Jr. (A.), Balindong, Eudela, Pleyto, Mangaorang, Barba, Matibag,  Ang, Jr., Bustos,
Reyes-,  Delos  Santos,  Tulfo-(J.),  Lagon  (S.),  Cardema,  Singson  (R.),  Tanchay,  Verzosa,
Jr.,  Chatto,  Fortesr,  Legarda,  Jr.,   Chungalao,  Maceda,  Cojuangco  (J.M.E.),  Amante,
Romero,  Fresnedi,  Lazatin  11,  Adiong,  Revilla  Ill  (R.J.),  Sakaluran,  Almario,  Asistio,
Dionisio, Jr., Dy Ill (F.M.C.), Khonghun, Maniquiz, Panaligan, Tallado, Unabia, Vargas,
Go  (M.),   Co-Pilar,  Ouano-Dizon,  Lagon  (D.),  Aumentado,  Yap  (C.),  Dimaporo  (S.A.),
Santos,  Mastura,  Golez,  Jr.,  Lagman,  Hernandez,  Barzaga,  Jr.,  Rodriguez  (E.)  and
Pascual
ExpLANATORy NorE
The principal law on the use of government funds stipulates that "^ro moLz!ejrig4alJbepar.dozzf Of
the Treasury except in pursuance Of an appropriation made by laiw" (Section 29, Article VI of the 1987
Consfr.£u£I.onJ. This provision underscores the fundamental principle that government funds can only
be   disbursed  if  there   is   a  legal  basis   for   the   expenditure,   which  is   established  through   the
appropriation  made  by  the  legislative  branch  of  the  government.  This  ensures  proper  financial
accountability and transparency in the use of public funds. The provision also establishes the need for
all government entities to undergo the appropriations process and to secure legislative authorization
to spend funds to carry out their mandated functions, programs, and activities.
The preparation and filing of the General Appropriations Bill in the House of Representatives
follows the origination clause under the provision of Section  24, Article VI of the  1987  Constitution,
whilch provide, " A]l appropriation, revenue or tariff bills, bills authorizing increase of the public debt,
bills Of local application, and private bills shall originarfe exclusively in the House of Represeatatiyes,
bzzf rfeG isenate ,zz]aj7propoge or caz]clzr w.tl aneLndrGLzzts." This provision was designed to ensure that
the  people,  through their directly elected representatives in the House,  have the primary authority
over matters related to taxation and government spending.
IE


Preparing   a  national  budget  is   a   complex   and  challenging  process   that  requires   careful
consideration  of various  economic,  social,  and  political  factors.  The  economic  landscape  is  constantly
evolving and influenced by domestic and global factors. The reliability of the economic projections, such
as GDP growth,  inflation rates,  and revenue forecasts  must be accurate  and grounded on factual and
acceptable  standards  of estimation,  data,  and information.  Uncertainties  in  economic  conditions  can
impact the accuracy of these projections,  leading to potential discrepancies between planned revenues
and expenditures.
One of the complex and challenging processes involves managing the debt and balancing the need
to  finance  priority  projects  and  programs  to  ensure  long-term  economic  stability.   This  challenge
requires  balancing  the  need  between  financing  priority  projects  and  programs  with  prudent  debt
management. The country's foremost and leading economic managers assured that the current Debt-to-
GDP ratio is projected to settle by 2024 at 60.0 percent, the threshold considered manageable by multi-
lateral lenders for developing countries and will further decrease to 51.1 percent by 2028.
Another  challenge  that needs  to  be  addressed in this  budget  is  the  administrative  capacity of
government   agencies   in   efficiently   managing   and   completing   projects   that   can   affect   budget
implementation. We must ensure that agencies have the required tools, resources, skills, and oversight
to  carry out  projects  efficiently.  If funds  are  not  effectively utilized  or  are  underutilized  or result  in
project delays, it can hinder the development of critical infrastructure and impede economic progress.
The proposed national budget for  Fiscal Year (FY)  2024 prepared under the Administration of
President Ferdinand R. Marcos Jr. is anchored on the theme "Agenda for Phosperity: Securing a Future-
Proof and  Sustainable  Economy",  which  continues  to  pursue  post-pandemic  recovery  and  move  the
country towards the promised future of an inclusive and sustainable economy where no Filipino is left
behind.
7Tjze j7'y420L24 Priapased Ivafr.ona/ Bzjc7gef will continue to lay the groundwork for the realization of
the country's economic goals as specifically identified in the Medium-Term Fiscal Framework (MTFF)
with the following overarching obj ectives:
1. 6.5 to 8.0 percent real GDP growth annually between 2023 and 2028;
2. 9.0 percent or a single-digit poverty rate by 2028;
3. 3.0 percent National Government (NG) deficit to GDP ratio by 2028;
4. Less than 60 percent NG debt-to-GDP ratio by 2025; and
5. Attainment of upper-middle-income status by 2025
Moreover,   it  will  continue  to   prioritize  expenditures  that  seek  to  reinforce  the  economy's
accelerated performance by investing in programs and projects that support the following goals based
on the 8-Point Socioeconomic Agenda in the near term:
1. Food security
2. Reduced transport and loristics costs
3. Lower energy cost
4. Improved health system
5. Addressed learning losses
6. Strengthened social protection
7. Sound fiscal management
8. Enhanced bureaucratic efficiency
11


Macrceconomic Assumptions and Fiscal frogram
The FY 2024 macroeconomic assumptions and parameters take into account anticipated domestic
and  external  risks,  as  well  as  the  latest  projections  by  the  Bangko  Sental  ng  Pilipinas  (BSP)  on
monetary and trade parameters. The Philippines' robust growth momentum is expected to continue for
the rest of the year and over the medium term, with GDP growth averaging at 6.0 to 7.0 percent in 2023
and 6.5 to 8.0 percent GDP growth rate from 2024 to 2028 following the fiscal consolidation strategy to
sustain growth.
As a basis for their economic forecast and policy decisions, the Development Budget Coordination
Committee (DBCC) provided Medium-term Macroeconomic Assumptions on the following key variables
(see Table 1):
1.   GDPGrowth
2.   Inflation Rate
3.   Dubai crude oil
4.   Foreign Exchange
5.    Goods exports and imports
Having  taken  proactive  measures  to  address  the  primary  drivers  of  inflation,  our  economic
managers are confident that the inflation rate will return to the 2.0 to 4.0 percent target range by 2024
until 2028.  The  average inflation rate  assumption for  2023 is likewise seen to narrow  down  from the
forecasted rate of 5.0 to 6.0 percent from the previous 5.0 to 7.0 percent.
The continuing decline of Dubai crude oil price, averaging USD 78.61 per barrel from January 1 to
June  7 due to easing oil supply disruptions  sets the crude oil. price assumptions  at USD  70 to 90 per
barrel for 2023 to 2024 before stabilizing to USD 60 to 80 per barrel for 2025 to 2028.
The peso-dollar-exchange rate is  assumed to settle  at P53.00 - P57.00/US$1  from 2024 to  2025
onwards.    The  peso  will  continue  to be  supported by  structural  foreign  exchange  inflows  and  ample
international reserves.
Goods  exports  and  imports  growth  projections  for  this  year  were  revised  downwards  to  1.0
percent and 2.0 percent from 3.0 percent and 4.0 percent, respectively, following the trend in near-term
global  demand  outlook  and  trade  prospects.  These  are  expected  to  stabilize  at  6.0  percent  and  8.0
percent, respectively, in the medium term.
Table 1.  Key Macroeconomic Assumptions
2023 - 2024
Particulars
2023
2024
Real GDP Growth (%)
6.0 -7.0
6.5 -8.0
Inflation Rate (%)
2.0 -4.0
2.0 -4.0
364-Day T-bill Rate (%)
5.5 -6.5
4.0 -5.5
Foreign Exchange Rate (Php/USS)
54 -57
53 -57
Dubai Crude Oil Price (Ussfoarrel)
70 - 90
70 - 90
SOFR, 6 months (%)
4.0 -5.0
3.5 -4.5
Exports, Growth (%)
1.0
6.0
Import, Growth (%)
2.0
8.0
Source:  BESF
Hm


Aside from maintaining the economy's high growth performance,  the present Administration is
committed to ensuring macro-fiscal stability by reducing the debt-to-GDP ratio to less than 60 percent
by 2025 and cutting the deficit-to-GDP ratio to 3.0 percent in 2028,  through escalated revenue efforts
and greater public spending efficiency.
The FY 2024 Fiscal Program:
1.     Total  revenues  of P4,272.6  Billion in  FY 2024,  which  translates  to  16.1  percent   of GDP
and is higher by 14.6 percent from the FY 2023 revenue program of P3,729.0 Billion;
2.      Consolidated public sector deficit ofp890.377 Billion or 3.3 percent  of GDP;
3.      National government budget deficit ofp1,356.8 Billion or 5.1 percent  of GDP;
4.     Outstanding national government debt of P15.842 Trillion or a debt-to-GDP ratio of 59.55
percent by end-2024.
Table 2.  Fiscal Program,  2023-2024
th Biuion Pesos)
PARTICULARS
2023
2024
Revenues
3,729.0
4,272.6
Disbursements
5,228.4
5,629.4
Deficit
(1,499.4)
(1,356.8)
Jt'„/o of GDP
Revenues
15.20//o
16.10/o
Disbursements
21.3%
21.2%
Deficit
-6.1%
-5.1%
Source: BESF
The Hoposed Expenditure Program
The proposed FY 2024 national budget amounting to P5.768 Trillion is 21.7 percent of GDP.  This
amount is 9.5 percent higher or P499.6 Billion more than the FY 2023 budget of P5.268 Trillion.
Of the P5.768 Trillion budget, the new general appropriations total P4,301.7 Billion, consisting of
P4,019.8   Billion   in   Programmed   New   Appropriations    and   P281.9   Billion   in   Unprogrammed
Appropriations.
In summary, the Programmed New Appropriations of P4,019.8 Billion and the P1,747.8 Billion in
Automatic Appropriations constitute the appropriation cover for the P5.768 Trillion budget.
|V


Table 3.   The Phopoced Expenditure Program
th Biuions PecoB)
Partieulus
Leveh
Percent to Total
2023
2024
2023
2024
Total New General  Appropriations
4,478.3
4,301.7
85.0%
74.6%
Less: Unprogrammed Appropriations
807.2
281.9
15.3%
4.9%
Equals: Programmed New AppropriationsPlus:AutomaticAppropriations
3,671.1
4,019.8
69.7%
69.7%
1,596.9
1,747.8
30.3%
30.3%
National Tax Allotment
820.3
871.4
15.6%
15.1%
Debt Service-Interest Payment
582.3
670.5
11.1%
11.6%
BARMM Annual Block Grant
64,7
70.5
1.2%
1.2%
Retirement and Life Insurance Premiums (RLIP)
64.2
65.7
1.2%
1.1%
Net Lending
28.7
28.7
0.5%
0.5%
Tax Expenditure Fund
14.5
14.5
0.3%
0.3%
Special Accounts in the General FundTotalExpenditureProgram
22.2
26.5
0.4%
0.5%
5,268.0
5,767.6
100.0%
100.0%
Financing the FY 2024 Phoposed Budget
Revenues and Borrowings
The  National  Government  projected  revenue  collections  in  FY  2024  of P4.273  Trillion  is  16.1
percent  of GDP.    The  projected revenue  level  is  14.6  percent higher  than  the  FY 2023  programmed
revenue of P3.729 Trillion or 15.2 percent of GDP.
Of the  P4.273 Trillion revenues,  P4.074 Trillion or  95  percent will come from  taxes,  and P199
Billion or 5 percent from non-tax revenues and the sale of government assets.   The Bureau of Internal
Revenue (BIR) will generate the bulk of this tax revenue in the amount of P3.047 Trillion, and the rest
from the Bureau of Customs (BOC) amounting to P1.0 Trillion and other offices with P27 Billion.
On  the  other  hand,  the  government  intends  to  borrow  in  FY  2024  the  amount  of  about
P2.460  Trillion,   of  which  P606.8   Billion  is   sourced  from  foreign  creditors   and  P1,853.2   Billion
from  domestic sources.    Of the  total borrowings,  P1,356.8  Billion  will  be  used  to  finance  the  deficit
and  settle  P239.3  Billion in  maturing  debt  obligations,  while the  balance  includes  contributions  to
the bond sinking fund and a sufficient cushion of cash in the National Treasury.
V


Table 4. kevenues, 2023-2024
(In Billion Pesos)
2023
2024
REVENUES
3,729.00
4,272.60
% of GDP
15.2
16.1
% Growth
5.2
14.6
Tax Revenues
3,537.90
4,073.60
BIB
2,639.20
3,046.80
BOC
874.2
1000.2
Others
24.5
26.6
Non-Tar Revenues
190.6
198.5
Privatization
0.5
0.5
Source:   BESF
DimensionsOftheProposedBudget
A.  Budget by Sector
Social  and  economic   services,   in  support  of  the   government's   top   priority  programs   and
projects for poverty reduction and economic recovery,  will constitute  about 67.5% of the expenditure
program for FY 2024.
The  social services  sector will receive the largest share with P2,183.0 Billion or  37.9 percent of
the total FY 2024 budget, investing in health, education, culture,  and manpower development,  as well
as social security, welfare, and employment.
The economic services sector will receive the second largest share at 29.6 percent with a P1,709.4
Billion   allocation   to   sustain   the   implementation   of  the   Administration's   flagship   infrastructure
program I?uj./d Beffer J14lore,  and  further  expand  and  enhance  infrastructure  development.  A  large
chunk  of  the  budget  is  also  allocated  to  roads  and  other  transport  infrastructures  for  the  Asset
Preservation Program, Network Development Program, and Rail Transport Program.
The general public services sector ranks third in  size with P893.3 Billion or  15.5 percent of the
total budget, while the defense sector ranks last with P282.7 Billion or 4.9 percent of the total budget.
Debt  Burden,  including  interest  payments  and  net  lending,  is  allotted  P699.2  Billion  or  12.1
percent of the total budget.
Vl


Table 5. Budget by Sector
Sector
Levels(InBillionPesos)
Percent Share
Percent of GDP
2023
2024
2023
2024
2023
2024
Social Services
2,004.3
2,183.0
38.1%
37.9%
8.2%
8.2%
Economic Services
1,624.2
1,709.4
30.8%
29.6%
6.6%
6.4%
General Public Services
796.0
893.3
15.1%
15.5%
3.2%
3.4%
Defense
232.5
282.7
4.4%
4.9%
0.9%
1.1%
Debt BurdenTotal
611.0
699.2
11.6%
12.1%
2.5%
2.6%
5,268.0
5,767.6
100.0%
100.0%
21.5%
21.7%
Source:   BESF
8.  Budget by Expense Class
By general expense class, Maintenance and Other Operating Expenses or MOOE comprises the
largest share of the FY 2024 budget with P2.156 Trillion or 37.4 percent. This amount will mainly fund
the following:
(1) Regular operating requirements of government agencies;
(b) Implementation of government programs and services;
(c) Subsidies to GOCCs; and
(d) Allocations to local government units.
The proposed budget for MOOE includes the automatically appropriated shares of LGUs, such as
the  P871.4  Billion  earmarked  for  the  National  Tax  Allotment  (NTA),  and  the  P70.5  Billion  for  the
Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) Annual Block Grant.
Personnel Services account for the second largest share of the budget with P1.695 Trillion or 29.4
percent to cover, among others, the salaries, benefits, pensions, allowances, and other compensation of
government officials and employees, including salaries of healthcare workers under the National Health
Work force  Support  System  (NHWSS)  and  the  pension  of retired Military  and  Uniformed  Personnel
(MUP).
The  Capital  Outlays  (CO)  will  receive  an  allocation  of P1.246  Trillion  or  21.6  percent  of the
proposed  budget  primarily  for  the  various  infrastructure  programs,  including  Build  Better  More
Program  to boost  economic  recovery.  The  proposed  allocation  for  CO  also  covers  provisions  for  social
infrastructures, such as the Basic Education Facilities (BEF) Program of the Department of Education
(DepEd) and the Health Facilities Enhancement Program (HFEP) of the Department of Health (DOH).
The  Financial  Expenses  for payment of interest  on loans  and bank charges  amount to  P670.5
billion or 11.6 percent of the total budget.
vii


Table 6.   Budget by Expense Class
(Amounts, In Billion  Pesos)
Particulars
2023Program
2024Proposed
Percent Share
2023
2024
Current Operating Expenditures
4,090.6
4,521.2
77.60/o
78.4%
Personnel Services
1,477.1
1,694.9
28.0%
29.4%
MOOE
2,030.3
2,155.8
38.5%
37.4%
Financial Expenses
583.2
670.5
11.1%
11.6%
1,177.4
1,246.4
22.4%
21.6%
Capital Outlays
5,268.0
5,76rl.6
100.0%
100.0%
TOTAL
C.  Top RApients
Consistent with  the  state  policy provided in  Section  5, Article XIV of the  1987  Constitution of
assigning  the  highest  budgetary  priority  to  education,  the  Department  of Education  (DepEd),  State
Universities and Colleges (SUCs),  Commission on Higher Education (CHED), the Technical Education
and  Skills  Development Authority  (TESDA)  and  other  education-related  institutions  are  allocated  a
total budget of P924.7  Billion in  FY 2024.  This is  an investment for the  education of over 28  million
learners  nationwide  who  are  now  in  a  5-day in-person  class.  The  allocation will  also  provide  for  the
funding requirement of the Basic Education Facilities (BEF) Program, School-Based Feeding Program,
Basic Education Textbooks and Materials in line with DepEd's A44Z4Z4G...Banigang„#zhafa, Bafang
A4Zhahausa agenda.   The   allocation  also  includes  Universal  Access  to   Quality  Tertiary  Education
Program  and  TESDA  programs  for  reskilling  and  upskilling for  displaced  workers  and  out-of-school
youth.
The Department of Public Works and Highways (DPWH) ranked 2nd with an allocation of P822.2
Billion. The amount includes the construction of by-passes and diversion roads, construction of missing
road links and new roads, flood control, and bridge programs. The budget will also cover the allocations
for the convergence and special support programs of DPWH with other agencies and for the Sustainable
Infrastructure Projects Alleviating Gaps (SIPAG) and Basic Infrastructure Program (BIP).
The Department of Health ranked 3rd with an allocation of P306.1 Billion. The fund includes the
budget  of  the  Philippine  Health  Insurance  Corporation,  assuring  the  government's  commitment  to
making health services available and affordable to the people, especially the poor. The government will
continue  to  prioritize  the  health  sector  by  improving  the  country's  healthcare  systems,  promoting
inclusive   and  affordable  healthcare,   and  ensuring  reliable  health  services.   The  government  will
continue  to  provide funds  for Medical Assistance  to  Indigent Program  (MAIP)  for the  hospitalization
and  assistance  of indigent  and financially-incapacitated  patients;  the  Health  Facilities  Enhancement
Program (HFEP) for the construction, rehabilitation, and upgrading of health facilities; Family Health,
Immunization,   Nutrition,   and   Responsible   Parenting   Program;   and   payment  for   Public   Health
Emergency Benefits and Allowances for Health Care and Non-Health Care workers.
The Department of the Interior and Local Government, (DILG) ranked 4th with an allocation of P259.5
Billion     (net     of    education-related     agencies).     It    will     be     utilized     primarily     to     fund     the
viii


Programs/Activities/Projects  to  maintain  public  safety,  deliver  public  goods  and  services  at  the  local
level, and strengthen peace and order efforts.
The  Department of National  Defense  (DND)  ranked  5th with  a  P232.2  Billion  allocation.  This
budget is primarily intended to strengthen and support the operational requirements of military units.
The Department of Transportation (DOTr) ranked 6th with an allocation of P214.3 Billion. This
allocation   will   support   programs   and  projects   under   the   Build   Better   More   Program   and  the
improvement of transportation infrastructure,  including the North-South Commuter Railway System
and the Metro Subway Project Phase I.
The Department of Social Welfare  and Development  (DSWD) ranked  7th with  an  allocation of
P209.9  Billion.  The  allocation  will be  utilized  for  the  continued  implementation  of the:  (i)  Pantawid
Pamilyang  Pilipino  Program  (4Ps);  (ii)  Social  Pension for  Indigent  Senior  Citizens  (Socpen);  and  (iii)
Assistance to Individuals in Crisis Situation.
The  Agriculture  Sector  ranked  8th  with  an  allocation  of  P181.4  Billion  which  includes  the
Department  of Agriculture  (DA)  and  Attached  Agencies  and  Corporations  and  the  Department  of
Agrarian Reform (DAR). This priority allocation ensures food safety and security, sufficient rice supply,
expansion  of  fertilizer  support,   and  commitment  to  raising  farmers'  and  fisherfolks'  agricultural
productivity.  An  amount of Plo.0 Billion is  also provided for the Rice  Competitiveness  Enhancement
Fund  (RCEF)  under R.A.  No.  11203.  The  sector  also  provided an  allocation for farm-to-market roads
(FMRs) to connect and improve the roads to farming communities, improve local trade and productivity,
reduce transportation costs of farm input and output, and minimize post-harvest losses.
The Judiciary ranked 9th with  an allocation of P57.8 Billion.  The  amount includes funding for
the adjudication program, construction, completion, and rehabilitation of Halls of Justice nationwide.
Labor and Employment ranked loth with an allocation of P40.5 Billion. The allocation includes
the Department of Labor and  Employment  (DOI.E)  and the Department of Migrant Workers  (net of
TESDA). The banner program under it is the DOLE's Livelihood and Emergency Employment Program
and the 7tJ/ong paj]g:tiaJ]apbulzay sa 4£I.j2g Disadvantaged (TUPAD) Workers Program.
Table 7. TOP RECIPIENTS
(in Billion Pesos)
DEPARTMENT
2024 NEP
Amount
Rank
EDUCATION
924.7
1
PUBLIC WORKS
822.2
2
HEALTH
306.1
3
INTERIOR AND LOCAL GOVT.
259.5
4
DEFENSE
232.2
5
TRANSPORTATION
214.3
6
SOCIAL WELFARE
209.9
7
AGRICULTURE
181.4
8
JUDICIARY
57.8
9
LABOR AND EMPLOYMENT
40.5
10
1X


Conclusion
As we stand at the threshold of a new fiscal year,  we  must prioritize the  efficient allocation of
resources,  ensure  the  effective  functioning  of  government,  and  sustain  the  inclusive  growth  of  our
nation.
The  General Appropriations  Bill  forms  the  cornerstone  of our  nation's  financial  management,
determining how public funds will be allocated to address the needs and aspirations of our citizens. It
serves  as the blueprint for funding crucial sectors such as education, healthcare, other social services,
infrastructure,  and more.  The timely passage of this bill is not just an obligation but also our solemn
responsibility to uphold the interests and well-being of our fellow citizens.
A timely passage  of the  General Appropriations  Bill provides  certainty to families,  businesses,
investors, and economic stakeholders. It creates an environment of stability, fostering the upliftment
of lives,  economic  growth,   and  encouraging  investor  confidence.  This  is  especially  crucial  as  we
navigate through uncertain times and seek to rebuild and strengthen our economy in the aftermath of
various challenges.
This is a testament to our dedication to public service and our ability to rise above partisan lines
for the collective betterment of our nation. In view of the foregoing, I urge every Member of this august
body to join the Members of the  Committee on Appropriations in coming up with a collective decision
and recommendation to approve the General Appropriations Bill for FY 2024.
For the Committee on Appropriations:
X


Republic or tlie PI`ilippines
I[ousE ol' RE:PRESE:urnTlvEs
Metro Manila
NINI:TI:ENTH  CONGRESS
Second Regular Session
.,I-
8980
HOUSE:  811111  NO.
Introduced  by  Representatives    Co   (I:.)   Romualdez   (I'.M.),   Dalipe,   Marcos,   Ouimbo,   Co   (A.N.),   Suan§ing,   Jr.   (H,),   Violago,   Hava,   Salimbangon,   Bautista-
Iiim,  Ty,  Lacson,  Zamora  (M.C.),  Abante,  Jr.,   Dujali,  E§pina,  Jr.,  Batltista,  Tiangco,  Singsoh  (R.V.),  Linkaichong,   Campos,
Jr.,   Calderon,   I)el  Mar,  Vargas-nlfonso,  Iiara,  6onzaga,   Cajayon-Uy,  Yu   (I).G.),  Carl,  Mattinez,   Cqaresma,  Cabredo,  Oarin,
Tan   (S.),   Aquino   11,   Suarez,   Cua,   Alonte,   Dy   V   (I.),   Matugas   11,   De   Venecia,   I)y   (I.P.),   Bongalon,   Alvarez   U.),   Arenas,
Albano,    IIoyola,    Gonzales   11    ur.),    Haresco,   Jr.,    6o    (I.C.),    Celeste,    Alvarez    (M.),   rueutebella,    Zwhiri,   ]r.,    Umali,   Jr.,
Villaraza-Suarez,   Yap    (Erie),   Demos,    Homo,    §r.,   Vergara,   Advincula,   dtayde,    Garcia    (I).),   6arcia    (M.A.),    Gardiola,
IIuistro,  Mercado  u.V.),  Nograle§  (M.),  Pancho,  Rama,  |r.,  Rillo,  Villafuerte  (M.L),  Ba§cug,  Plaza,  Tan  (J.),  Bali,  Gmz,  |r.
in.),   flngara,   Cmz,   Jr.   (A.),   Balindong,   I:udela,   Pleyto,   Mangaoang,   Barba,   Matibag,     Ang,   Jr.,   Busto§,   Reyes,   I)elos
Santos,   Tulfo   U.),   Lagon   (S.),   Cardema,   Sing§on   (R.),   Tanchay,   Verzosa,   Jr.,   Chatto,   I.ortes,   It!garda,   ]r.,   Chungalao,
Haceda,   Cojuangco  U.M.I:.),  Amante,  Romero,  Fresnedi,  IIazatin  11,  Adiong,  Revilla  Ill  urJ.),  Sakaluran,  Almario,  Asi§tio,
I)ionisio,   Jr.,   Dy   in   (I..M.),   Hhonghun,   Maniquiz,   Panaligan,   Tal]ado,   Unabia,   Varga§,   Go   ur.),   Co-Pilar,   Ouano-I)izon,
Iiagon    (I).),    Aumentado,    Yap    (C.),    Dimaporo    (S.A.),    Santos,    Mastura,    Golez,    Jr.,   Iiagman,    Hemandez,    Barzaga,   Jr.,
Rodriguez  (I:.)  and  Pascual.
AN  ACT
AppRopRIATING  r"I)S    ron  "E  opl:RETloN  or  Tin  Govl:RNMI:NT  or  THE  REpuBI,Ic  or  THE  pHmppINI:S  mom  |ANumT  ONE  To  I)I:cl:MBI:R  THmTT-
ONI:,  TWO  THOUSENI)  ENI)  TWI:NTY-I`OUR
Be  it  enacled  by  the  §ene[e  and  lhe  House  of Reple§entative§  of tJie  Philippines  in  longres§  a§§emJ)led:
I               Section  I.  npplopllation  of I.unds.  The  following  sums,  or  so  much  thereof  as  may  be  necessary,  are  hereby  appropriated  out  of  any  funds  in  the        I
Z     National  Treasury  of  tl`e  Philippines  hot  otlierwise  appropriated,  for  the  operation  of  the  Government  of  the  Republic  of  the  Philippines  from  Jarmary  one  to        2
3     I)ecember  thirty-one,  two  thousand  and  twenty-four,  except  where  otherwise  specirically  provided  herein:                                                                                                                     3
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