2025 budget to sustain growth

The Manila Times

2025 budget to sustain growth  President Ferdinand Marcos Jr. on Monday, Dec. 30, 2024, thanked Filipinos for scrutinizing and pointing out the contentious provisions of the 2025 national budget. He said that the national budget was designed to sustain economic growth and improve the lives of future generations and should be carefully curated and scrutinized.   PNA VIDEO  Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe  Visit our website at https://www.manilatimes.net    Follow us:  Facebook - https://tmt.ph/facebook  Instagram - https://tmt.ph/instagram  Twitter - https://tmt.ph/twitter  DailyMotion - https://tmt.ph/dailymotion    Subscribe to our Digital Edition - https://tmt.ph/digital  Sign up to our newsletters: https://tmt.ph/newsletters   Check out our Podcasts:  Spotify - https://tmt.ph/spotify  Apple Podcasts - https://tmt.ph/applepodcasts  Amazon Music - https://tmt.ph/amazonmusic  Deezer: https://tmt.ph/deezer  Tune In: https://tmt.ph/tunein   #themanilatimes #tmtnews #philippines #marcos

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00:00As we embrace the holiday season, with the joy of Christmas filling our hearts and the

00:06New Year inspiring hope and new possibilities, we are reminded that it is also a time for

00:12reflection and for resolve.

00:15Just as families use this time to plan for the year ahead, so too must government dedicate

00:23ourselves to fortifying the foundation that we have laid down for a better future for

00:29the country.

00:31On this day that we honor our national hero, we enact the 2025 General Appropriations Act.

00:40And through this measure, the dreams of our heroes are realized by a nation birthed by

00:45their sacrifices.

00:47This budget reflects our collective commitment to transforming economic gains into meaningful

00:52outcomes for every Filipino.

00:55It is designed not just to address our present need, but to sustain growth and to uplift

01:00the lives of generations that are yet to come.

01:04In the first two years of this administration, we focused on creating the foundation for

01:09an inclusive, sustainable, and resilient Philippines.

01:13From targeted reforms to strategic investments, we ensure that our progress is felt in the

01:18daily lives of every Filipino.

01:21Today, we build on that momentum, guided by the same precision, purpose, and unwavering

01:28determination.

01:30In my State of the Nation Address last July, I called for the full cooperation of Congress

01:34to approve the budget in their usual timely manner and to adhere to the administration's

01:39proposed budget as closely as possible.

01:43With the passing of the Fiscal Year 2025 General Appropriations Act, the responsibility of

01:49ensuring that every centavo is spent wisely, transparently, and purposefully begins.

01:56Cognizant that our resources are finite and our people's needs are plenty, we need to

02:03carefully curate the particulars of the budget, so much so that even grand ambitions and great

02:10plans must be tempered.

02:13We must exercise maximum prudence, otherwise we run the risk of increasing our deficit

02:19and debt and derailing our development agenda for our country.

02:44With the passing of the Fiscal Year 2025 General Appropriations Act, the results of our efforts

02:53in your favor are now included in the Fiscal Year 2025 General Appropriations Act.

02:57You are hopeful in this budget.

03:00We will continue to expand our services to you, in accordance with our Philippine Development

03:08Plan for 2023-2028.

03:12We will ensure that social services will remain a priority, along with education, in accordance

03:21with the mandate of our Constitution, as well as health.

03:26We will also strive to continue and implement our economic services, including infrastructure

03:35and agriculture, so that our economy will grow stronger and we can fight poverty by

03:42increasing the price of goods and goods.

03:46We will ensure that plans will be implemented to lower the price of food, especially rice.

03:58We will continue our efforts to address the lack of educational facilities and computers

04:12in schools.

04:13We will ensure that the benefits of all Filipinos will continue to grow under PhilHealth.

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