ABS-CBN
Marcos urges Congress: Approve 2025 budget with minimal revision
President Ferdinand "Bongbong" Marcos Jr. urged Congress to expedite the passage of the proposed National Expenditure Program (NEP) for 2025, emphasizing the need to build upon the nation's economic progress.
During his third State of the Nation Address (SONA), Marcos highlighted the country's resilience in overcoming economic challenges, including those stemming from the COVID-19 pandemic.
He requested that the legislature approve the budget as closely as possible to the version submitted by the Executive Branch, stressing that it was meticulously crafted with fiscal discipline.
The Department of Budget and Management (DBM) is set to submit the 2025 NEP to Congress on July 29.
The proposed 2025 budget amounts to P6.35 trillion.
Marcos called upon government agencies to ensure prudent spending of allocated funds, prioritizing urgent national needs and socially impactful programs.
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The House of Representatives received the proposed P6.352 trillion National Expenditure Program (NEP) for 2025, which prioritizes job creation, quality education, expanded health care, and social protection.
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The House of Representatives has pledged to promptly address priority legislative measures outlined by President Ferdinand Marcos Jr. in his upcoming State of the Nation Address (SONA).
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