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Marcos, Philippines
Philippines' Marcos signs into law record $109 bln budget for 2025
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.
Marcos Signs Philippines’ Budget For 2025, Vetoes Some Funding
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.
HEADLINES: Marcos signs 2025 budget; vetoes P194B | December 31, 2024
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.
Marcos signs 2025 national budget, vetoes ₱194-B line items
President Ferdinand Marcos Jr signs the 2025 national budget on December 30, 2024, but clarified that after thorough review, he vetoed over Php 194 billion line items "that are not consistent to our program priorities.
Marcos signs P6.326-trillion 2025 national budget, vetoes P194 billion
President Ferdinand "Bongbong" Marcos Jr. signed the 2025 national budget worth P6.326 trillion on Dec. 30, two days before 2024 ends. The 2025 national budget was lower than the P6.352 trillion initially submitted to Congress as Marcos directly vetoed over P194 billion worth of line items that,
1m
Why the Philippines’ latest budget has been called ‘heartbreaking’ and ‘a moral failure’
Funds for the social and health protection of the country’s poorest have been channelled to politicians for their pet ...
PhilStar Global on MSN
5h
Philippines likely to lower export targets
After setting ambitious export targets, the Philippines is seen backpedaling and revising its goals downward next year, ...
11d
Philippines president says legal experts to consider clemency requests for Mary Jane Veloso
Philippines President Ferdinand Marcos Jr said legal experts would consider clemency requests for Mary Jane Veloso, who had ...
11d
Philippines VP Sara Duterte Faces Third Impeachment Complaint
A third impeachment complaint was filed against Philippine Vice President Sara Duterte on Thursday, raising the political ...
PhilStar Global on MSN
5h
Philippines needs P22 billion for 2026 ASEAN summit – Palace
The Philippines needs P22 billion to prepare for its hosting of the Association of Southeast Asian Nations summit in 2026, ...
World Politics Review on MSN
10d
Marcos’ All-In Bet on the U.S. Could Leave the Philippines Out in the Cold
Philippines alliance, President Marcos angered China. Trump's return might leave him out in the cold. The post Marcos' All-In ...
Island
8d
Dynasties of Deceit: The Philippines’ Curse
Nilantha Ilangamuwa The 1987 Philippine Constitution, crafted in the aftermath of the 1986 People Power Revolution, was ...
Hosted on MSN
4h
DTI: Political turmoil unlikely to affect Philippines-South Korea trade deal
The impeachment of South Korea’s president will not impact its free trade agreement (FTA) with the Philippines that is set to take effect today, according to the Department of Trade and Industry (DTI) ...
8d
Do we need a revolution in the Philippines?
The world’s most established democracies and entrenched autocracies are experiencing an unprecedented degree of systemic ...
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