MANILA (UPDATE) — The Office of the President has received the enrolled bill for the P4.5-trillion 2021 national budget, the Office of the Executive Secretary said Friday.
Congress earlier in the day transmitted the national budget to Malacañang for President Rodrigo Duterte’s signature, according to a lawmaker.
"Transmitted na po sa Malacañang ang GAA (General Appropriations Act)... Waiting po sa announcement nila kung kailan [ang signing]. Naka-ready lang po kami anytime kami ipatawag," House appropriations panel chair ACT-CIS Party-list Rep. Eric Go Yap told ABS-CBN News on Friday.
House Speaker Lord Allan Velasco had previously said that the 2021 spending plan is the government’s "single-most powerful tool" to fight COVID-19 to help Filipinos and the economy recover from the devastating impact of the pandemic.
Duterte has the prerogative to approve the entire budget prepared by Congress, but he may also opt to veto several items inserted by lawmakers.
— with a report from Joyce Balancio, ABS-CBN News