General Appropriations Bill 2021— House Bill 7727

Ode to 2021: Reset, Rebound, Recover As we enter the final month of what has been a universally challenging, unprecedented year of tackling both a pandemic and the subsequent financial crisis it plunged the world into, concerns regarding the imminent new year is expected. On Thursday 26 November 2020, the House of Senate approved the third and final reading of the 2021 national budget known as the General Appropriations Bill (GAB). The proposed budget stands at an impressive Php 4.5 trillion. This is 9.9% higher than the national budget for 2020 and…

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