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  • 9 months ago
President Ferdinand Marcos Jr. is set to sign the 2025 national budget on Monday, December 30.

Full story: https://www.rappler.com/philippines/marcos-plan-signing-2025-national-budget-december-30-2024/
Transcript
00:00President Ferdinand Marcos Jr. is set to sign the 2025 national budget on Monday, December
00:0530.
00:06Marcos was set to sign it on December 20, but said he needed more time for a rigorous
00:10and exhaustive review.
00:12The Senate and House-approved 2025 national budget has drawn criticism for its cuts and
00:17continued allotment for items deemed as pork barrel.
00:20The Education Department would suffer over a P10 billion budget cut for its computerization
00:24program in 2025 and the state-run PhilHealth will receive zero subsidy.
00:29Marcos earlier said he was working to restore what DEP had asked for, but it's unclear if
00:33Marcos would tweak PhilHealth's subsidy.
00:36Budget watchers say the zero subsidy for PhilHealth will violate the Syntax Law, which allocates
00:41excise tax collections for the implementation of the Universal Health Care Act.
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