Tag: Structural Reforms
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President Marcos Jr. Advocates for Responsible Use of 2025 National Budget
President Ferdinand R. Marcos Jr. has called on government agencies to responsibly manage the 2025 national budget, which he signed into law on Monday. The budget, initially set at PHP6.352 trillion, was reduced to PHP6.326 trillion after Marcos vetoed PHP194 billion in line items that did not align with his administration’s priorities. In his public…
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President Marcos Advocates for Responsible Management of 2025 National Budget
President Ferdinand R. Marcos Jr. has called on government agencies to manage the 2025 national budget with care and responsibility. On Monday, he signed the 2025 General Appropriations Act into law, after vetoing PHP194 billion in specific allocations that he believed did not align with his administration’s priorities. The initial budget proposal was PHP6.352 trillion,…
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