After much controversy, President Marcos signed the 2025 national budget on Monday, Dec. 30, disclosing that he vetoed P194 billion worth of line items. President Ferdinand 'Bongbong' Marcos Jr. speaks during the ceremonial signing of the 2025 national budget at the Malacañan Palace on Dec. 30,...
The Department of Finance (DOF) faces the daunting task of generating P12.72 billion in revenue every single day to support the Marcos administration’s ambitious P6.326 trillion national budget for 2025. In a statement on Monday, Dec. 30, Finance Secretary Ralph G. Recto acknowledged the huge...
The Department of Budget and Management (DBM) announced that President Marcos has utilized his veto power to ensure the 2025 national budget aligns with the country’s development goals. In a statement on Monday, Dec. 30, Budget Secretary Amenah F. Pangandaman commended the President for his...
Business leaders are urging a more transparent and accountable process in finalizing the 2025 national budget amid concerns over budgetary adjustments and a lack of clear justification for certain allocations. "We are alarmed by some of the adjustments made by the bicameral committee to the 2025...
The Marcos administration’s budget deficit ballooned in November due to the contraction in government revenues and a substantial increase in public spending. The Bureau of the Treasury reported on Thursday, Dec. 26, that the government’s budget deficit more than doubled in November, surging to...
President Marcos and his Cabinet are "thoroughly reviewing" the items of the 2025 national budget to ensure that they conform to the Constitution, Malacañang said. President Ferdinand 'Bongbong' Marcos Jr. leads the review of the proposed 2025 national budget at the Bahay Pangulo on Dec. 23,...
BEYOND BUDGET Assalamu alaikum wa Raḥmatullahi wa Barakatuh. I believe that the true essence of the holiday season is the shared love, joy, and hope it brings. It is in the spirit of generosity, acknowledgment, kindness, and gratitude, that we show our appreciation by giving gifts to the people...
Senator Imee Marcos on Tuesday, December 24 urged the Marcos administration to slash the Department of Public Works and Highways’ (DPWH) budget by P188 billion to make the 2025 General Appropriations Act (GAA) aligned with the Constitution. Marcos believes the administration needs to...
President Marcos is set to sign the proposed P6.352-trillion 2025 national budget on Dec. 30, Malacañang confirmed. President Ferdinand R. Marcos Jr. (right) pores over some figures as he discusses the P6.352-trillion 2025 national budget with (clockwise from left) Department of Public Works and...
The year 2024 was fraught with controversies, scandals, and challenges for Vice President Sara Duterte, culminating with three impeachment complaints filed against her at the House of Representatives, which also launched its own investigation into her offices’ alleged misuse of confidential and...
President Marcos hopes to sign the proposed national budget for 2025 before the year ends, a Malacañang official said. President Ferdinand R. Marcos Jr. (Photo courtesy of PCO) "The printed copy of the spending measure was only received late Friday afternoon. President Marcos Jr. hopes to act on...
While critical sectors face budget cuts, economists expressed concerns over the Marcos administration’s budget priorities, citing inflated discretionary allocations in the 2025 budgets for the House of Representatives and the Department of Public Works and Highways (DPWH). The Philippine...
