by Catherine S. Valente - Bernadette E. Tamayo - Reina C. Tolentino
Dec 31, 2024 12:18 am
(UPDATE) PRESIDENT Ferdinand Marcos Jr. on Monday signed the P6.326-trillion national budget for 2025 but vetoed P194 billion worth of line items that he deemed 'inconsistent with the administration's priority programs.'
Marcos signed Republic Act 12116, or 'An Act Appropriating Funds for the Operation of the Government of the Republic of the Philippines from Jan. 1 to Dec. 31, 2025,' in a ceremony at Malacañan Palace in Manila.
SIGNED President Ferdinand Marcos Jr. signs the General Appropriations Act at the Ceremonial Hall in Malacañan Palace on Dec. 30, 2024. PHOTO BY RENE H. DILAN