Marcos launches PFM reforms to ensure funds benefit citizens

President Ferdinand "Bongbong" Marcos Jr. has pledged that public funds will be utilized effectively for their intended purposes through the newly launched Public Financial Management (PFM) Reforms Roadmap 2024-2028.

The roadmap aims to ensure that government money directly benefits citizens by expanding social services, improving access to healthcare, and enhancing disaster response.

Marcos emphasized that the PFM Roadmap mandates the efficient use of funds to make a tangible difference in the lives of Filipinos.

Key objectives include swift disaster relief, reducing the financial burden of medical expenses for citizens, and creating opportunities for success through expanded social services.

The government will also synchronize planning and budgeting across local, regional, and national levels, while streamlining bureaucratic processes for greater efficiency.

This initiative seeks to create not just a safety net but also avenues for every Filipino to thrive, regardless of their background.