00:00President Ferdinand R. Marcos Jr. promised that the government's priority projects will be funded next year.
00:08According to President Marcos Jr., that is the reason why the signing of the National Budget for 2025 was postponed.
00:17The Chief Executive explained that it still needs to be studied well, especially since there are some changes in the budget request of some government agencies.
00:25And since the Congress has approved it, only the veto power of the Chief Executive can be used to control the country's spending program for 2025.
00:37The President also emphasized that the government should be careful on which projects and programs should be prioritized
00:45so that Filipinos will be able to benefit from it when the country's debt does not increase.
00:52We are starting to see some project proposals that do not have the appropriate program of work,
01:00no appropriate documentation, it's not clear where the money will go.
01:06That's what we will clarify.
01:09It's not as if we don't have a huge budget of savings.
01:20We need to be careful because the spending there is not a lot, but there is a debt there.
01:31So we need to go to the right place so that we can pay the debt.
01:35We have a way to pay back the debt that we have spent.
01:39And that's what we are trying to clarify now.