The bicameral conference committee report on the proposed P5.024-trillion national budget for 2022 was ratified by the House of Representatives on Wednesday.
After the bicameral committee reconciled the differing elements earlier in the day, the chamber ratified the final version of the spending measure during the plenary session.
The 2022 General Appropriations Bill (GAB) will be sent to Malacañang for President Rodrigo Duterte’s signature after ratification.
The budget of the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) was increased to P17.1 billion in the final version of the planned 2022 budget after it was previously lowered to P4 billion.
The proposed budget for 2022, according to House Appropriations Committee Chair Eric Yap, will be “crucial for our full recovery from the pandemic as a nation.”
“Rest assured that the government’s battle strategy on health and nutrition, social protection, governance, and development, are carried out in this budget,” Yap said.
The proposed General Appropriations Act for 2022 is 11.5% higher than the P4.506 trillion passed this year.
Building Resilience during the Pandemic, Sustaining the Momentum Toward Recovery, and Continuing the Legacy of Infrastructure Development are the three key pillars that define the budget plan.