MANILA, Philippines — Senate President Juan Miguel Zubiri yesterday lauded the Senate for a productive year in the 19th Congress, with the passage of measures that aim to bolster the national defense posture and uplift the country from the pandemic slump.
Zubiri said the productive legislative work this year is “a testament to our commitment to improve the life of every Filipino by crafting new laws that will boost the economy, generate jobs and expand social protection.”
The 2024 General Appropriations Act (GAA) – or the P5.768-trillion national budget next year – tops the list of 32 measures in the Senate signed into law by President Marcos this year, he said.
Tucked in the recently signed 2024 GAA is an increased budget for the national defense and security of the country in light of the escalating maritime conflict with Chinese vessels in the West Philippine Sea, Zubiri said, adding that the Philippine Coast Guard – tasked to primarily safeguard Philippine waters – got a big funding boost.
Another important measure that hurdled the Senate is the Maharlika investment fund law, which created the country’s first-ever sovereign wealth fund.
President Marcos sought the creation of the investment fund in Congress, as he touted the need for a wealth fund in drawing more foreign investments in the country as a way of recouping economic losses from the global pandemic.
Other important measures signed into law are the creation of Department of Health specialty centers in every region; Public Private Partnership Act, which empowers the private sector to finance infrastructure on transportation, health care, internet, supply chain and logistics; and the Internet Transactions Act, which protects clients of online transactions.
Zubiri said the specialty health center law is “close to my heart” because it was his campaign promise to establish “Centers of Hope” for those in the provinces to get quality treatment.
Others recently signed laws are An Act Further Strengthening Professionalism and Promoting the Continuity of Policies and Modernization Initiatives in the Armed Forces of the Philippines; Act Emancipating Agrarian Reform Beneficiaries from Financial Burden by Condoning All Principal Loans, Unpaid Amortizations and Interests and Exempting Payment of Tax on Agricultural Lands Awarded under CARP; One Town One Product Philippines Program; Trabaho Para sa Bayan Act, which mandates the National Employment Master Plan; and the Act Strengthening the Conservation and Protection of Philippine Cultural Heritage Through Cultural Mapping.
Before the Senate went on its Christmas break, it was able to ratify the following third reading bills, making these a presidential signature away from becoming law – the “No Permit, No Exam” policy law; additional financial incentives for the elderly in the 2016 Centenarians Act; the new Philippine Passport Act; Ease of Paying Taxes Act; Magna Carta of Filipino Seafarers; the law for the Strengthening and Revitalizing the Philippine Salt Industry, and the “Tatak Pinoy” law.
Still in the bicameral stage – where differing versions of the Senate and the House of Representatives are being threshed out – are the new anti-agricultural smuggling law, or the Act Defining the Crimes of Agricultural Economic Sabotage, that seeks to make hoarding, profiteering and agricultural cartel as non-bailable offenses; the Act Promoting Mental Health in Basic Education; PENCAS or the Philippine Ecosystem and Natural Capital Accounting System, among others.
Before the Christmas break, the Senate passed 11 bills on third reading – the enhancement of the Self-Reliant Defense Posture Program, which Zubiri said seeks to improve the domestic weaponry industry; the Safe Pathways Network of Bicycle Lanes, Walkways and Slow Streets; the Bill of Rights of Taxpayers; the Moratorium on Student Loans During Disasters and Emergencies; the Institutionalization of Teaching Supplies Allowance for Public School Teachers; the Shared Services Facilities for MSMEs; and the Waiver of College Entrance Exam Fees in private higher education institutions, among others.
Zubiri in many interviews said the Senate takes its time in conducting plenary debates on key measures to fine-tune its provisions before third reading approval.
“I am very proud to say that this is a banner year for the Senate with the passage of numerous important measures and resolutions,” he said.