President Marcos Stands Firm on 2025 Budget: Vetoes P194 Billion in Non-Essential Items
In a bold move to prioritize the nation's future, President Marcos has signed the proposed national budget for fiscal year 2025 into law, while vetoing over P194 billion worth of line items that do not align with his administration's key priorities. The vetoed items include certain programs under the Department of Public Works and Highways (DPWH), highlighting the government's commitment to fiscal discipline and responsible spending. By taking a firm stance on the budget, the administration aims to ensure that public funds are allocated efficiently and effectively, driving economic growth and development in the Philippines. This strategic decision is expected to have a positive impact on the country's financial landscape, promoting transparency and accountability in government spending. Key initiatives such as infrastructure development and social programs will continue to receive support, while non-essential items are carefully reviewed to guarantee that the nation's resources are utilized wisely. With this move, the administration reaffirms its dedication to building a stronger, more resilient Philippines, where the needs of the people are prioritized and the country's future is secured. The Philippine economy is expected to benefit from this efficient allocation of resources, with potential growth in sectors such as construction and public services.
