Maximize use of 2025 national budget, Marcos tells Cabinet

Manila Bulletin

President Marcos has told his Cabinet to maximize the use of this year's national budget, considering that he vetoed P194-billion items in the General Appropriations Act (GAA) for 2025.  READ: https://mb.com.ph/2025/1/7/maximize-use-of-2025-national-budget-marcos-tells-cabinet  Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletin  Visit our website at http://mb.com.ph Facebook: https://www.facebook.com/manilabulletin Twitter: https://www.twitter.com/manila_bulletin Instagram: https://instagram.com/manilabulletin Tiktok: https://www.tiktok.com/@manilabulletin  #ManilaBulletinOnline #manilabulletin  #LatestNews

Transcript

00:00The meeting today was very long, it started at 10 and we were not able to tackle all the scheduled items because of lack of time.

00:16But we can assure you that whatever was discussed, we discussed with thoroughness as the president usually does.

00:26He has been very targeted in his approach to all these matters that were reported.

00:35Actually, there were only two of the four items of the agenda that were tackled and this referred to the implementation of the GAA

00:45and the delays in the implementation of infrastructure flagship programs which were reported on by Secretary Bautista.

00:58Well, you remember that the president vetoed some items, made line item vetoes.

01:05The effect of line item vetoes is just to reduce the potential deficit.

01:12We cannot transfer what we vetoed to other items.

01:17So, the important thing to remember is the president said maximize on what you can do for those that were approved the program.

01:30And then the unprogrammed, maybe we could give prioritization there when the available funds will come.

Category

Transcript

Recommended