Hinihinging 2025 nat'l budget ng gobyerno, abot sa P6.352-T; confi at intel funds, 16% ang ibinaba

5 months ago

Mas mataas kaysa ngayong taon, ang hinihinging budget ng gobyerno para sa 2025 na aabot sa mahigit anim na trilyong piso. Pero ang nakalaan para sa confidential at intelligence fund, bumaba ng 16%.

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Transcript

00:00The government's budget for 2025 is higher than this year, reaching more than 6 trillion pesos.

00:08But the confidence and intelligence fund is down by 16 percent.

00:14Tina Panganiban-Perez has the story.

00:19The government's budget for 2025 is 6.352 trillion pesos.

00:27This is more than 10 percent higher than the 2024 national budget.

00:32Confidential and intelligence funds reach 10.286 billion pesos.

00:40This is lower by 16 percent compared to the 2024 budget.

00:45The deliberation for the 2024 national budget will be delayed.

00:49It became controversial to talk about confidential and intelligence funds

00:53by the Office of the Vice President, which was removed from the budget of the OVP.

00:58In the 2025 budget, the OVP did not request an allocation for this.

01:05Confidential and intelligence funds were only accepted by the Office of the President,

01:12which has more than 4 billion pesos.

01:14If you'll notice, based on the breakdown that I gave,

01:18they are the only ones who can have confidential and intelligence funds.

01:23That's why it went down by 16 percent.

01:27They also lowered the fund for social welfare, public works, health sector,

01:32and agriculture and agrarian reform.

01:35The increase of the requested budget for the Department of Transportation,

01:40was more than doubled compared to the 2024 budget.

01:44Most of it are foreign-assisted projects.

01:48We need to pay our government counterpart for these projects.

01:56The biggest one is the Metro Manila Subway Project Phase 1,

02:05the Infrastructure Preparation and Innovation Facility,

02:09and the MRT-3 Rehabilitation Project.

02:14That's why the increase is big.

02:17The total budget for the assistance will be 253.4 billion pesos in 2025,

02:24including 114 billion pesos for the Pantawid Pamilyang Pilipino Program or 4Ps.

02:31A portion of the budget for the next year will be funded by the government.

02:36The government expects only 4.6 trillion pesos.

02:40Of course, we will borrow money from our lenders, creditors, both local and international.

02:50The House of Representatives has the power to change the budget proposed by the Executive

02:55as long as it does not exceed the proposed value.

02:59For now, there are recommendations to add some assistance.

03:03For us here in the House of Representatives,

03:06the call is strong to add funds for the 4Ps of the DSWD

03:12and other programs for those in the society.

03:17The Philippine Minimum Wage Earners should also be given sufficient financial assistance

03:22under the ACA Program.

03:26Especially during a time of crisis brought by wars in other countries.

03:30The Camera's target is to approve the proposed budget before its recess in October.

03:36For GMA Integrated News, Tina Panganiban-Perez, Nakatutok, 24 Hours.

Hinihinging 2025 nat'l budget ng gobyerno, abot sa P6.352-T; confi at intel funds, 16% ang ibinaba | 24 Oras

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