Hot Newsjilievo online gaming Imee Marcos: President Marcos to sign 2025 budget bill on Dec. 30
MANILAjilievo online gaming, Philippines — Days after it was deferred for review, President Ferdinand Marcos Jr. is finally scheduled to sign the 2025 budget bill on December 30, at least according to the Chief Executive’s older sister, Sen. Imee Marcos.
In a text message to reporters, the senator said the signing of the 2025 General Appropriations Act (GAA) will take place in Malacañang Palace.
“The President will hold a ceremonial signing of the fiscal year 2025 GAA at 9:30 a.m. on Dec 30 in Malacañang Palace,” said the senator.
Article continues after this advertisementNo other details were provided regarding the signing as of this writing.
FEATURED STORIES NEWSINFO SC gets Bulacan land for judiciary complex NEWSINFO Romina to dump heavy rains over Quezon, Bicol provinces NEWSINFO LTO tells truck owners to explainBefore this, Presidential Communications Office chief Cesar Chavez said that there were no discussions on budget reenactment during the President’s meeting with Cabinet officials.
Chavez said this as he announced that Marcos was conferring with his economic cluster about the national funding for next year.
Article continues after this advertisementREAD: No budget reenactment talk in Marcos’ meeting with cabinet members
maxim99Article continues after this advertisementThe signing of the 2025 GAA was initially scheduled for December 19 or 20 but was deferred as it was still being assessed by the President.
Article continues after this advertisementAccording to Executive Secretary Lucas Bersamin, certain items and provisions of the national budget bill will be vetoed in the interest of public welfare.
READ: Signing of 2025 GAA deferred for President’s review – Bersamin
Article continues after this advertisementAmong controversial items in the 2025 budget bill include the Department of Education’s budget which was decreased by almost P12 billion, the Philippine Health Insurance Corporation’s zero subsidy, and the Ayuda sa Kapos ang Kita Program which was funded by the bicameral conference committee with more or less P26 billion.
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The Marcos administration aims to reduce the poverty incidence between 8.8 and nine percent by 2028.
The Philippine Hotel Owners Association Inc. (PHOA) revealed their target on Wednesday, October 16, during the official unveiling of the Philippine Hotel Industry Strategic Action Plan (PHISAP) 2023-2028 at the Westin Manila Hotel in Ortigas.