President Ferdinand Marcos Jr. has vetoed P194 billion worth of projects from the P6.326 trillion budget for fiscal year 2025, citing inconsistencies with his administration's priorities. Additionally, several special provisions face conditional implementation, requiring adherence to specific guidelines and regulations.
President Ferdinand ''Bongbong'' Marcos Jr. said Monday that he vetoed more P194 billion worth of line items that are not consistent with his administration's priorities. Aside from that, some special provisions were also subjected to conditional implementation, meaning they would either require the issuance of guidelines and/or impose compliance with pertinent laws, policies, rules, and regulations.
7160 or the Local Government Code of 1991; UA SP on ''Support to Foreign-Assisted Projects,'' which shall not limit the authority of the President to contract foreign loans in accordance with Section 20, Article VII of the 1987 Constitution; Office of the Ombudsman SP on ''Payment of Retirement Benefits and Pensions,'' wherein the implementation of which should be consistent with Republic Act No.
Filipino Politics Presidency Budget Veto Philippines
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
President Marcos Signs 2025 Budget, Vetoes Over P194 BillionPresident Ferdinand Marcos Jr. has signed the 2025 national budget into law, vetoing over P194 billion in line items. Lawmakers had raised concerns about various budget provisions, including funding for a controversial program, cuts to the Department of Education, and the elimination of subsidies for PhilHealth.
Read more »
Marcos vetoes P194 billion worth of line items in 2025 national budget(4th UPDATE) President Marcos says the vetoed line items, including P26 billion worth of projects under the DPWH, are 'inconsistent' with his administration's priorities
Read more »
Marcos signs 2025 budget law: Vetoes P194-b, retains AKAP with conditionsPresident Ferdinand Marcos Jr. formally signed on Monday morning the P6.326-trillion General Appropriations Act (GAA) for 2025 with P194-billion worth of
Read more »
Marcos Jr. Postpones Signing of 2025 Budget, Announces VetoesPresident Ferdinand Marcos Jr. will delay the signing of the 2025 General Appropriations Act (GAA) to allow for a thorough review. Executive Secretary Lucas Bersamin announced that the President will veto certain items in the budget bill for the sake of public welfare, fiscal program adherence, and legal compliance.
Read more »
Marcos Delays Signing of 2025 Budget, Plans Line-Item VetoesPhilippine President Ferdinand Marcos has postponed the signing of the P6.352-trillion 2025 General Appropriations Act (GAA) to allow for a thorough review. Senate President Francis Escudero confirmed that this delay is standard procedure, allowing the Executive branch to scrutinize and potentially veto specific items within the budget bill. Executive Secretary Lucas Bersamin announced that President Marcos will implement line-item vetoes to reflect public concerns and ensure compliance with existing laws.
Read more »
Filipino President Marcos Urges Nation to Heed Bonifacio's LegacyOn the 161st birth anniversary of Andres Bonifacio, President Marcos calls on Filipinos to free the country from societal ills, drawing inspiration from Bonifacio's revolutionary spirit.
Read more »