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Marcos, Philippines
Marcos explains vetoed items in 2025 budget
More than 180 public works projects and 15 unprogrammed appropriations were scrapped from the 2025 national budget as President Marcos exercised his power to veto items in the spending law.
Philippines' Marcos signs into law record $109 billion budget for 2025
Philippine President Ferdinand Marcos Jr. signed the 2025 budget into law on Monday, saying a planned 10% increase in government spending to a record 6.33 trillion pesos ($109.2 billion) would support economic growth and reduce poverty.
Marcos Signs Philippines’ Budget For 2025, Vetoes Some Funding
President Ferdinand Marcos Jr. on Monday signed the Philippines’ 6.3 trillion peso ($109 billion) budget for 2025 after vetoing some public works and standby funding.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Marcos said he used his veto powers on 194 billion pesos of allocations after a thorough review of the spending bill approved by Congress.
DOCUMENT: Marcos justifies P194-billion veto in 2025 budget
In his line veto message, the President explains to the Senate and House that the budget must align with the government's priorities while staying within fiscal capacity
Marcos signs 2025 national budget, makes last-minute cuts
Instead of a total veto, Marcos said he removed allocations for certain programs and projects of the Department of Public Works and Highways, "and those under the unprogrammed appropriations, which increased by 300 percent.
Marcos signs 2025 nat'l budget, vetoes over P194-B in line items
President Ferdinand R. Marcos Jr. on Monday signed into law the 2025 national budget and vetoed over PHP194 billion in line items he deemed inconsistent with his administration’s priorities. In his speech,
Marcos vetoes P194 billion worth of line items in 2025 national budget
MANILA, Philippines – After more than a week’s delay in order to “regain control” of his government’s spending program, President Ferdinand Marcos Jr on Monday, December 30, signed the P6.326 trillion national budget for 2025.
House panel respects Marcos’ line veto of 2025 budget items – Co
The House of Representatives committee on appropriations respects President Ferdinand Marcos Jr.’s decision to veto some items in the 2025 national budget, Ako Bicol
Philippines’ Marcos signs into law record 6.33 trillion peso Budget for 2025
PHILIPPINE President Ferdinand Marcos Jr signed the 2025 Budget into law on Monday (Dec 30), saying a planned 10 per cent increase in government spending to a record 6.33 trillion pesos (S$143 billion) would support economic growth and reduce poverty.
BusinessMirror
5h
Think tank criticizes ‘distorted priorities’ in Marcos administration’s P6.4 trillion 2025 national budget
The 2025 national budget, also known as the General Appropriations Act (GAA), of the administration of President Ferdinand Marcos, has a “conspicuous” direction, according to a leading economic think ...
Inquirer on MSN
40m
2025 national budget ‘unlawful’ – Teachers’ Dignity Coalition
The 2025 national budget did not meet its constitutional mandate by “unlawfully” including police, military, and local ...
PhilStar Global on MSN
1d
Marcos urged to delay release of budget ‘pork’ Until after 2025 midterm polls
To prevent the use of billions in public funds from being used by politicians for the 2025 elections, President Marcos can ...
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