PBBM convenes with cabinet secretaries to review 2025 budget

PTVPhilippines

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00:00As the 2025 General Appropriations Bill the Becameral Conference Committee handed to the President for approval

00:06contained a lot of unexpected cuts in key government agencies.

00:11PTV's Mela Lismoras on the President putting on hold the 2025 budget ratification for a line item review

00:21along with surrogates from the cabinet and ultimately making the necessary tweaks or adjustments.

00:30President Ferdinand R. Marquez, Jr. has convened with Executive Secretary Lucas Bersamin,

00:34Finance Secretary Ralph Recto, Budget Secretary Amina Pangandaman,

00:38VPWH Secretary Manuel Bonoan, and NEDA Secretary Arsenio Balisacan

00:42to review the proposed 2025 national budget ensuring alignment with the government's key development priorities.

00:49According to ES Bersamin, the scheduled signing of the proposed General Appropriations Act on December 20

00:55will not push through to allow more time for this rigorous and exhaustive review

00:59of the proposed measures that will determine the course of the nation for the next year.

01:04While they cannot yet announce the date of signing, they confirmed that certain items

01:08and provisions of the national budget bill will be vetoed in the interest of public welfare.

01:13At the House of Representatives, several lawmakers expressed support and respect for Malacanang's decision.

01:19It is not unusual for the Executive to give time for the review of the report of the form of the budget.

01:30It's only an indication that the President is dutiful about exercising his role in the budget-making process.

01:39This is a sign that we are in a healthy and prosperous democracy.

01:45We look forward to a better future.

01:51You know, everything in the world can be improved, right?

01:55We just have to listen to one another.

01:57According to Senate President Frances Escudero, it is part of the legislative process

02:01and the Executive is well within its rights and prerogatives to review, study, and make line-item vetoes.

02:07While for Senate Committee on Finance Chair Grace Poe, she also said this is a sign of a healthy democracy

02:13and she supports the President's decision.

02:15From PTV Manila, Mel Alasmoraz, Balitang Pambansa.

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