• 2 days ago
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Transcript
00:00President Bongbong Marcos admitted that he is not happy with the 2025 national budget passed by the Congress.
00:08The budget as was passed, you could describe it as suboptimal, but we are remedying that situation.
00:15Let me put it simply, what we are doing is, those who were not included in the National Expenditure Program,
00:24those who were not given funds, we are looking for savings so that those funds can be reimbursed.
00:32Some of the funds that the President is looking for are for DAPs, funds for education projects, and funds for tourism.
00:42As for impeachment against Vice President Sara Duterte, the President agreed to the opinion of his Chief Presidential Legal Counsel, Juan Ponce Enrile,
00:53that there will be an unfavorable President if he follows the ideas behind the rally of the Iglesia Ni Cristo last Monday against impeachment.
01:03But the President insisted that this is not the right time to do this.
01:09He is right. There is a consequence to, there will be a precedence and it will be very problematic.
01:16The House doesn't have a choice and the Senate doesn't have a choice once these impeachment complaints are filed.
01:23But I don't think that now is the time to go through that.
01:27So we will let it be for now. As a practical matter, we will enter the campaign period.
01:34The congressmen and senators are not there because they are already campaigning.
01:38The creation of the Department of Economy, Planning and Development or DepDev is being promoted.
01:44This is the replacement for the National Economic and Development Authority or NEDA.
01:49Under the last session of the Senate and House of Representatives,
01:53the new administration will be given additional responsibility when it comes to the creation of the government budget.
01:59According to Senator Juan Miguel Zubiri, who led the session on Wednesday,
02:04the session will be held at the Bicameral Conference Committee and is expected to be ratified on the same day.
02:11It is expected that the President will sign it on the first week of February.
02:16For GMA Integrated News, I'm Tina Panganiban Perez, your witness.

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