00:00The Travel Budget of the Office of the President was approved in 2025.
00:04That's why the request of the Budget Department is only more than 1 billion pesos.
00:08The government officials will now get their additional salary
00:12that should have been started this January.
00:15Ivan Mayrina has learned a lesson.
00:20After announcing the recent election of President Bongbong Marcos,
00:24the Department of Budget and Management or DBM said
00:27that the first tranche is effective,
00:29the first drop in the salary of government officials since January this year.
00:33The increase of the entry level, I think it needs legislation.
00:37However, the increase of the salary,
00:41that's what's included in the 2025 NEP.
00:47We put in 70 billion pesos
00:50for the increase of salaries of government employees.
00:54Of course, they are included, our teachers.
00:57Four tranches of additional salary will be given every year until 2027.
01:01There will be additional benefits for government officials starting next year.
01:06The Executive Order is being adjusted for this.
01:08We allocated 9.6 billion pesos for next year
01:12so that our government employees can get their medical allowance.
01:197,000 each employee.
01:21It's a good thing that our government employees are happy
01:24because it's a big help for them.
01:26It's a big thing for us.
01:28We are like those who are studying,
01:30we are in the middle of our lives.
01:32It's a big thing for us.
01:34Instead of our problems,
01:36the part that we are paying for our medical expenses,
01:41we can now pay for other things.
01:45The travel budget of the Office of the President for 2025 was delayed
01:51based on the National Expenditure Program of the DBM.
01:54It was reduced by 94 million pesos compared to the 2024 budget.
01:58The total fund for the President's trip in 2025
02:01is more than 1 billion pesos.
02:04If we can see here in their proposal,
02:09they reduced travel, both local and foreign.
02:16More than 6 trillion pesos in the total budget of the 2025 budget.
02:20To fund this, the government needs to lend 1.537 trillion pesos.
02:25The country's debt is already 15.48 trillion pesos as of June 2024.
02:29And it will increase to 17 trillion pesos in 2025
02:33before it starts to go down.
02:35But according to the DBM, don't worry.
02:37As long as the country's economy continues to grow.
02:39Look at nominally, it looks big.
02:41But based on international standards,
02:46we are looking at a metric of debt,
02:49which is the debt-to-GDP ratio.
02:51And it has been going down.
02:54And with our fiscal consolidation,
02:56we will ensure that it will go down.
02:58For GMA Integrated News, Ivan Mejrina, for Tutok, 24 hours.
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