Thursday, September 09, 2010

Speaker eyes early passage of 2011 budget

MANILA, Philippines - House Speaker Feliciano "Sonny" Belmonte on Thursday said he is eyeing a November passage of the 2011 General Appropriations Bill at the Lower House.

In an interview, Belmonte said sponsorship of the proposed budget should be started before the end of September so that it can be submitted to the different departments.

"I'm very hopeful that people will be actively participating and we will be able to finish everything by October 15 on 2nd reading and when we reconvene pass upon it," he said.

Belmonte also thumbed down budget increases as proposed by the House minority for certain agencies.

Malacañang submitted to Congress last month a proposed national budget of P1.654 trillion for 2011.

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