Economic managers ni PBBM, kumpyansa na mas lalago ang ekonomiya ng bansa sa 2025

PTVPhilippines

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Transcript

00:00The economic managers of President Ferdinand R. Marcos Jr. cried when the 2025 national budget was decided to improve the lives of Filipinos.

00:10This is Joshua Garcia's first report.

00:14At the same time, President Ferdinand R. Marcos Jr. passed a 6 trillion Pesos national budget for the next year.

00:21It includes more than 134 billion Pesos worth of projects.

00:25This is an online item because it is not considered to be in line with the priorities of the government.

00:31The Department of Budget and Management also criticized it.

00:34In his press briefing, the DBM said that the education sector remains a top priority, followed by infrastructure and others.

00:431.053 trillion.

00:47Well, the DPWH is 1.034 trillion.

00:53So education comes first.

00:57DPWH Secretary Manuel Bonoana explained that they are considering the projects that are not in line with the socio-economic agenda of the current administration and still need to be studied.

01:09There are a lot of local projects that are not ready for implementation and it will take us some time anyway to make sure that we can implement it immediately.

01:20So these are the things that we have seen and I think we can postpone it for the time being.

01:26According to the DBM, projects such as assistance to the Kaposangkita Program or ACAP will remain.

01:31But before the funds are released, the DSWD, DOLE and NEDA will need to conduct monitoring for the continuous implementation of the projects that are needed.

01:42In his statement, Executive Secretary Lucas Bersamina also insisted that the budget for 2025 is in accordance with the provisions of the Constitution.

01:51I want to tell all of you that there will not be an unconstitutional budget.

02:00This is the interplay between the Congress and the Executive Branch.

02:07In order to ensure strict legal monitoring, 12 special provisions are included in the conditional implementation,

02:14including some important programs of the DSWD, such as ACAP and PAYAPAT Masagalang Pamayanan or Pamanang Program.

02:21Meanwhile, the economic team of the government is doing well in 2025.

02:25According to NEDA, the 2025 National Budget will focus on improving the lives of Filipinos,

02:30where the sector of agriculture, renewable energy and digitalization in the country will also be strengthened.

02:36Our fourth quarter was good.

02:41We are confident that we will hit our growth target.

02:47Our growth target is between 6 to 7 percent.

02:51So far, from quarter 1 to quarter 3, our growth rate is at 5.8 percent.

02:59We think we will hit that target.

03:05According to the Department of Finance,

03:07it also ensures that every cent added to the budget for 2025 will go to the right programs and projects for the country.

03:16Joshua Garcia for Pambansang TV in Paco, Philippines.

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