By President Ferdinand “Bongbong” Marcos Jr. released a statement on Tuesday after he vetoed over P194 billion worth of line items in the P6.326-trillion budget for 2025.
“The aim of this Administration in our Medium-Term Fiscal Program is to ensure that government targets will respond more directly to the needs of the Filipino people as strategic growth-enhancing fiscal consolidation is pursued,” Marcos said in his veto message to Congressional leaders.
