Philippines' lower house approves $92.5 bln budget for 2021

The 4.5 trillion pesos ($92.5 billion) bill, approved by 257 lawmakers with six voting against, now passes to the senate for further hearings. A joint congressional session will then finalise the spending programme before it is signed by President Rodrigo Duterte, who called a special session of parliament last week for budget hearings.


Reuters | Manila | Updated: 16-10-2020 18:16 IST | Created: 16-10-2020 18:16 IST
Philippines' lower house approves $92.5 bln budget for 2021
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  • Philippines

The Philippines' lower parliamentary house on Friday approved the 2021 budget, after a leadership row nearly derailed debates on the spending plan aimed at helping the economy recover from the coronavirus pandemic. The 4.5 trillion pesos ($92.5 billion) bill, approved by 257 lawmakers with six voting against, now passes to the senate for further hearings.

A joint congressional session will then finalise the spending programme before it is signed by President Rodrigo Duterte, who called a special session of parliament last week for budget hearings. ($1 = 48.65 Philippine pesos)

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