PBBM to ink 2025 budget before Christmas

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Transcript

00:00Although already committed to signing the 2025 national budget before Christmas,

00:06the president still wants allocation to certain agencies revised.

00:10One particular instance is that of the allotment for education department's computerization program,

00:15which was slashed down by progress.

00:17PDP's Melanes Moras has more.

00:21President Ferdinand R. Marquez, Jr. has vowed to approve the 2025 national budget before Christmas

00:28to ensure adequate funding for critical government programs and projects.

00:35The bicameral conference committee recently approved the proposed 6.352 trillion pesos national budget for 2025.

00:43However, President Marquez, Jr. emphasized the need for a thorough review of allocations for key government agencies.

00:50Among the priorities is the restoration of the budget cut from the Department of Education's computerization program.

00:57The committee reduced DepEd's allocation from P748.65 billion pesos to P737 billion pesos,

01:06slashing nearly P12 billion pesos meant for the purchase of free gadgets, computer equipment,

01:11and digital training tools for teachers and students.

01:15The DepEd strongly expressed opposition to the cut,

01:18stressing its impact on efforts to modernize education and enhance digital learning.

01:23We're still looking into it.

01:25I think it is contrary to all our policy direction.

01:32When we talk about the STEM development of our educational sector,

01:40and then to the continuing development,

01:45because the P10 billion comes from the computerization, computerization item.

01:52So we're working on it to make sure that we will restore it.

01:58President Marquez, Jr. also defended the decision to cut over P70 billion from the subsidies requested by the Philippine Health Insurance Corporation.

02:07He explained that PhilHealth holds P500 billion in reserve funds,

02:11which should be used to deliver effective medical services to Filipinos.

02:15The outcomes were just the totals.

02:22So the details are not clear yet.

02:26So we are returning to those.

02:29And all of those elements that are worrisome are something that we're trying to,

02:36we're making sure that there are no disadvantages.

02:42PhilHealth has a P500 billion reserve.

02:46And the cost to provide their services in one year is less than P100 billion.

02:56So their budget actually for expenditures in the P260 billion is P100 plus billion.

03:04It hasn't been used for many years.

03:07In other words, the PhilHealth has sufficient budget to do all of the things that they want to do.

03:13The president also assured the proposed P1.11 trillion budget for the Department of Public Works and Highways,

03:20which increased from P900 billion, will undergo close review and scrutiny.

03:25This funding will support infrastructure projects vital to national development.

03:30Infrastructure is really important.

03:33And don't forget, flood control became such a big, big part of the work of the Department of Public Works.

03:43They have to build things that we never had to build before.

03:47We are just monitoring, especially the ODA project.

03:51We are really monitoring it to make sure that our debt ratios are still relatively manageable.

03:59President Marquez Jr. reaffirmed his commitment to ensuring the national budget is properly allocated

04:04to guarantee the successful implementation, continuity, and completion of government projects and programs beneficial to the Filipino people.

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