Makati Business Club Raises Concerns Over 2025 Budget

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 28 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 86%

Politics Новости

Budget,Philippines,2025 Budget

The Makati Business Club (MBC) expressed alarm over several adjustments made to the bicameral-approved 2025 budget, particularly the Department of Public Works and Highways (DPWH) receiving a larger budget than the Department of Education (DepEd). The MBC also questioned the lack of explanation for a P19-billion budget increase for Congress and the P26-billion allotment for the Ayuda Para sa Kapos sa Kita Program.

This is AI generated summarization, which may have errors. For context, always refer to the full article.

The MBC commended President Ferdinand Marcos Jr. for scrutinizing the bicameral-approved 2025 budget before its final passage, expressing its alarm over some adjustments the committee had made. The MBC said there was no explanation or justification for the P26-billion allotment for the Ayuda Para sa Kapos sa Kita Program, meant to be a financial assistance subsidy for “near-poor” families.

The MBC said that there was no explanation for the removal of the P74.43 billion subsidy for the Philippine Health Insurance Corporation .

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 4. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости