The presidential directives were issued after the detailed presentation of the budget items for each department under the 2025 General Appropriations Act (GAA).
Department of Budget and Management (DBM) Secretary Amenah Pangandaman disclosed they took up the Congress-approved 2025 GAA as compared to the President's submission of the NEP at the Cabinet meeting held last Tuesday at Malacañang Palace. Speaking the next day at the Kapihan sa Manila Bay news forum, Pangandaman explained how each of the Executive departments will be affected by the "insertions" and re-alignments done in the 2025 GAA, including the presidential vetoes and "conditional" budget releases.
Together with PBBM, Executive Secretary Lucas Bersamin and the other Cabinet economic managers, Pangandaman recalled they initially went through the fine print of the Congress-approved 2025 budget bill. According to Pangandaman, it was only after the review that PBBM signed the 2025 GAA into law on Dec. 30 last year.
PBBM vetoed a whopping P194 billion from the Congress-approved 2025 budget that consisted mainly of new budget items that were not in the President's NEP. From the original submission of P6.352 trillion, the 2025 budget law amounted to just P6.326 trillion. The bulk of vetoed items were from new items "inserted" in the 2025 GAA for the Department of Public Works and Highways (DPWH) that got P214 billion more than proposed in the NEP. On the other hand, the Department of Transportation (DOTr) suffered the biggest cut of P92 billion.
All of the line item vetoes were traced to the amendments done at the bicameral conference committee (bicam) that consolidated the differing versions of the 2025 budget bills of the Senate and the House of Representatives.
Diese Geschichte stammt aus der January 10, 2025-Ausgabe von The Philippine Star.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der January 10, 2025-Ausgabe von The Philippine Star.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
A Milestone In Beauty
St. Luke's Medical Center-Quezon City (SLMC-QC) unveiled The Skin Center by St. Luke's, setting new benchmarks in dermatological care and aesthetics.
Tee Time With Jewelmer
International luxury brand Jewelmer tees off the year with Olympian and Ladies Professional Golf Association (LPGA) Tour golfer Bianca Pagdanganan.
SoKor investigators call for indictment of detained President Yoon
South Korean investigators asked prosecutors to indict the country's detained President Yoon Suk-yeol over his short-lived imposition of martial law last month, as it accused him of rebellion, abuse of power and obstruction of parliament on Thursday.
Bangkok Air Pollution Forces 352 Schools to Close
Air pollution in the Thai capital forced the closure of more than 350 schools on Friday, city authorities said, the highest number in five years.
'Squid Game' Star Park Sung-hoon Talks About Transgender Role, Fan Theories and Season 3 Teaser
\"Hello, nice to meet you,\" greeted Park Sung-hoon, the South Korean actor who recently gained international fame for his role in the hit series \"Squid Game\" Season 2. What a sweetheart! He is not only a talented actor but also known for his warmth, kindness, and approachability off-screen.
Phl crypto market seen growing further
The Philippines has become a hotspot for cryptocurrency investments as Filipinos have so far invested an estimated P6 trillion in the crypto market, according to Finance Secretary Ralph Recto.
Judge temporarily blocks Trump's plan to end birthright citizenship
A federal judge Thursday temporarily blocked President Donald Trump's executive order to end automatic citizenship for babies born on US soil, dealing the president his first setback as he attempts to upend the nation's immigration laws and reverse decades of precedent.
Bureaucratese
FIRST PERSON
NEDA
\"We may have difficulty achieving the six percent for the full year, but we'll see,\" Balisacan told reporters.
DA forms TWG for food security emergency
The Department of Agriculture (DA) has formed a technical working group (TWG) to formulate the implementing rules for the release of National Food Authority (NFA) rice stocks once the government officially declares a food security emergency on the staple.
