Fiscal Year Budget 2024 Congress. The hearing, which lasted for five hours, saw duterte asking to “forego the opportunity to defend the budget through question and answer,” a courtesy she. Learn about the federal government’s budget process, from the president’s budget plan to congress’s work creating funding bills for the president to sign.

This fiscal year it’s approaching $2 trillion. The house also said it is 8.05% higher than the approved budget of p1.885 billion in 2024.