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.
“We must be clearly driven by this goal because much as we want to do everything we wish for our people immediately and al at the same time, our finite resources compel us to exercise sound judgment to ensure our fiscal…