President Marcos on Monday finally signed the P6.326-trillion national budget for 2025 after striking out up to P194 billion in items that he claimed did not respond directly to the people’s needs. During the signing ceremony in Malacañang,

Philippine President Ferdinand Marcos Jr. signed the 2025 budget into law on Monday, saying a planned 10% increase in government spending to a record 6.33 trillion pesos ($109.2 billion) would support economic growth and reduce poverty.

President Ferdinand Marcos Jr. on Monday signed the Philippines’ 6.3 trillion peso ($109 billion) budget for 2025 after vetoing some public works and standby funding.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Marcos said he used his veto powers on 194 billion pesos of allocations after a thorough review of the spending bill approved by Congress.

PRESIDENT Ferdinand Marcos Jr. on Monday signed the P6.326-trillion national budget for 2025 but vetoed P194 billion worth of line items that he deemed 'inconsistent with the administration's priority programs.

Philippine President Ferdinand Marcos Jr. signed the 2025 budget into law on Monday, saying a planned 10% increase in government spending to a record 6.33 trillion pesos ($109.2 billion) would support economic growth and reduce poverty.

Good day. Here are the stories for The Manila Times for Monday, December 31, 2024. Today's episode is brought to you by Wilcon Depot, The Philippines' leading home improvement and construction supplies retailer—your Trusted Building Partner.