'2025 natl budget sub-optimal'
President Ferdinand Marcos Jr. on Jan. 17, 2025 calls the 2025 national budget 'sub-optimal' but assures the public that they are 'remedying that situation' to boost this year's funding for education, health and tourism sectors.
Video by MPC Pool
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President Ferdinand Marcos Jr. on Jan. 17, 2025 calls the 2025 national budget 'sub-optimal' but assures the public that they are 'remedying that situation' to boost this year's funding for education, health and tourism sectors.
Video by MPC Pool
Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe
Visit our website at https://www.manilatimes.net
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Check out our Podcasts:
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NewsTranscript
00:00Is it safe to say that for this year you are dealing with a less than optimal, less than ideal budget? And how are you going to deal with this?
00:08Not only this year, you will cross the halfway point in your term.
00:12Well, perhaps the budget as was passed, you could describe it as sub-optimal. But we are remedying that situation and we are returning the most, well let me put it simply.
00:29What we are doing is, the funds that were not given to the National Expenditure Program, we are looking for savings so that we can return those funds, such as education, such as health, such as housing.
00:52So the National Expenditure Budget, the official budget was removed from the branding. But for tourism, you will use your office as budget?
01:00Yes, we already were able to. Their branding budget was removed. We will return it. So this is what we are doing. So maybe, as I said, the original budget can be described as sub-optimal. We are working to make it optimal once again.
01:22For more information, visit www.fema.gov