Economic managers ni PBBM, tiniyak na nakatutok sa pagpapabuti sa buhay ng mga Pilipino ang 2025 national budget

2 days ago

Economic managers ni PBBM, tiniyak na nakatutok sa pagpapabuti sa buhay ng mga Pilipino ang 2025 national budget

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Transcript

00:00The economic managers of President Ferdinand R. Marcos Jr. cried when the Philippines' 2025 national budget came to an end. Here is the report.

00:12At the same time, President Ferdinand R. Marcos Jr. passed a 6 trillion Pesos national budget for the next year.

00:19The projects are worth more than 164 billion Pesos.

00:23These are all online items because it is not considered to be in line with the priorities of the government.

00:29The Department of Budget and Management also considered it.

00:32In a press briefing, the DBM said that the education sector remains a top priority, followed by infrastructure and others.

00:411.053 trillion.

00:45While the DPWH is 1.034 trillion.

00:51Education comes first.

00:56The DPWH Secretary Manuel Bonoana explained that they consider the projects that are not in line with the socio-economic agenda of the current administration and need to be studied.

01:08There are many local projects that are not ready for implementation.

01:13It will take us some time anyway to make sure that we can implement it immediately.

01:19These are the things that we have seen. I think we can postpone it for the time being.

01:24According to the DBM, projects such as assistance in the post-income program or ACAP will remain.

01:30But before the fund is released, the DSWD, DOLE, and NEDA will need to conduct monitoring for the continued implementation of these projects.

01:40Meanwhile, in the so-called assistance, Executive Secretary Lucas Bersamina also promised that we will follow the budget for 2025 under the provisions of the Constitution.

01:50I want to tell all of you that there will not be an unconstitutional budget.

01:59This is the interplay between the Congress and the Executive Branch.

02:06To make sure that the legal monitoring will be strictly followed, 12 special provisions will be included in the Conditional Implementation,

02:13which includes some important programs of the DSWD, such as ACAP and PACAP.

02:20Meanwhile, the economic aim of the government in 2025 is good.

02:24According to NEDA, the 2025 National Budget will focus on improving the lives of Filipinos,

02:30where the sector of agriculture, renewable energy, and digitalization in the country will be strengthened.

02:35Our fourth quarter was good.

02:40We are confident that we will hit our growth target.

02:46Our growth target is between 6 to 7 percent.

02:50So far, from quarter 1 to quarter 3, our growth rate is at 5.8 percent.

02:58We think that we will hit that target.

03:03In the opinion of the Finance Department, it also assures that every cent added to the budget for 2025 will go to the right programs and projects for the country.

03:14From PTV Manila, Joshua Garcia for Panbansa news.

Economic managers ni PBBM, tiniyak na nakatutok sa pagpapabuti sa buhay ng mga Pilipino ang 2025 national budget

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