Tag: Budget Cuts
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President Marcos Jr. Seeks to Restore Funding for Critical Infrastructure Projects Amid Budget Cuts
President Ferdinand R. Marcos Jr. is actively working to reinstate funding for essential infrastructure projects managed by the Department of Public Works and Highways (DPWH), which faced substantial budget reductions in the 2025 national budget. During a recent Cabinet meeting at Malacañang, Marcos highlighted the significant shortfall in the DPWH’s budget, which was cut from…
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DOTr Secretary Assures Minimal Impact of Budget Cuts on Key Infrastructure Projects
MANILA – Jaime Bautista, the Secretary of the Department of Transportation (DOTr), announced on Tuesday that the budget reductions for 2025 will only slightly affect the department’s 16 critical infrastructure projects. Despite some cuts in funding from foreign-assisted projects, Bautista confirmed that the DOTr can still finance its flagship transport initiatives using loan funds. During…
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