Marcos signs 2025 national budget
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Marcos signs 2025 national budget
Benise Balaoing,
ABS-CBN News
Published Dec 30, 2024 10:27 AM PHT
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Updated Dec 30, 2024 04:05 PM PHT
In his speech at the signing of the budget, Marcos said he vetoed P194 billion worth of line items that are not consistent with the country's development plan.
In his speech at the signing of the budget, Marcos said he vetoed P194 billion worth of line items that are not consistent with the country's development plan.
These include allocations for some Department of Public Works and Highways (DPWH) projects, and those under unprogrammed appropriations.
These include allocations for some Department of Public Works and Highways (DPWH) projects, and those under unprogrammed appropriations.
"We shall also pursue conditional implementation on certain items to ensure that the people's funds are utilized in accordance with their authorized and stated purpose, specifically to ensure that government assistance is not merely a provisional solution to a persistent issue," the president said.
"We shall also pursue conditional implementation on certain items to ensure that the people's funds are utilized in accordance with their authorized and stated purpose, specifically to ensure that government assistance is not merely a provisional solution to a persistent issue," the president said.
"We are compelled to subject the implementation of the Ayuda para sa Kapus ang Kita program, or AKAP, to the convergence efforts of the (Department of Social Welfare and Development), (Department of labor and Employment), and (National Economic and Development Authority)," he added.
"We are compelled to subject the implementation of the Ayuda para sa Kapus ang Kita program, or AKAP, to the convergence efforts of the (Department of Social Welfare and Development), (Department of labor and Employment), and (National Economic and Development Authority)," he added.
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