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PRESS RELEASES

SOURCE: Press and Public Affairs Bureau


STATEMENT OF SPEAKER LORD ALLAN VELASCO ON ENACTMENT OF P5.024-T 2022 NATIONAL BUDGET, TWO OTHER VITAL MEASURES
30 December 2021 11:46:59 AM


We sincerely thank President Rodrigo Roa Duterte for signing into law the P5.024-trillion General Appropriations Act (GAA) of 2022, the extension of the 2021 GAA until December 31, 2022, and the establishment of the Department of Migrant Workers.

We are extremely glad that we finally have a law creating a department that is solely focused on addressing the needs and protecting the welfare and interests of our overseas Filipino workers. This long overdue legislation reflects our appreciation and gratitude for their sacrifices and valuable contribution to the country’s economic growth.

Both the 2021 and 2022 national budgets are the most important policy instruments of our government as we begin to navigate a path to recovery from the COVID-19 crisis next year.

The 2022 GAA includes a host of spending initiatives that will help sustain our efforts to beat COVID-19. It provides funding for the benefits and compensation of health care workers, procurement of coronavirus booster shots, emergency hiring of medical frontliners, and other programs aimed to fight the effects of the pandemic.

We also thank our collegues in both chambers of Congress for coming together to ensure that key programs which are vital to our economic recovery and our continued efforts against the pandemic get sufficient funding. All these will help immensely in providing us the momentum to get the country back to its feet in the coming year. #