President Ferdinand Marcos Jr. has signed the P6.326-trillion national budget for 2025 but vetoed P194 billion in line items deemed inconsistent with the administration's priority programs.
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.'Marcos signed Republic Act 12116, or 'An Act Appropriating Funds for the Operation of the Government of the Republic of the Philippines from Jan. 1 to Dec. 31, 2025,' in a ceremony at Malacañan Palace in Manila.
In his speech, Marcos said the executive listened to the public's concerns over the version of the budget bill submitted by Congress to Malacañang. 'The executive branch is one with the people in raising concerns over appropriations that are not consistent with the country's development plan and responsive to the needs of the people. After all, it is our people whom we serve,' he said.'We take our role as stewards of our taxpayers' money seriously. And for this reason, after an exhaustive and thorough review, we have directly vetoed over P194 billion worth of the line items that are not consistent with our programmed priorities,' he added.The 2025 national budget, initially amounting to P6.352 trillion, was reduced to P6.326 trillion following the veto of the P194 billion worth of line items.These cuts include the P26.065 billion worth of projects under the Department of Public Works and Highways (DPWH), and P168.240 billion allocated under 'Unprogrammed Appropriations.'Marcos said that Unprogrammed Appropriations under the Congress-approved budget bill increased by 300 percent.He said that there will be 'conditional implementation of certain items' to ensure they are implemented 'under the stated and authorized purpose
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