President Ferdinand Marcos Jr. has delayed the signing of the 2025 General Appropriations Act (GAA), citing the need for a thorough review of the budget legislation. The President will veto some items in the bicameral version of the GAA, according to Executive Secretary Lucas Bersamin. Senate Finance Committee chairperson Grace Poe welcomed the delay, calling it a 'sign of healthy democracy' and highlighting the importance of checks and balances in the budgetary process.
Senate Finance Committee chairperson Grace Poe welcomed on Wednesday Malacañang’s announcement that President Ferdinand Marcos Jr. delayed the signing of the 2025 General Appropriations Act , calling this development a “sign of healthy democracy.”
The senator expressed confidence that the President will make a good decision since he has economic managers giving him the best advice possible. She underscored the importance of carefully reviewing GAA, considering its impact on the economy and national growth. Bersamin stated that the President is personally leading the review and is consulting with the heads of major government departments to ensure that the budget reflects national priorities and adheres to fiscal policies.
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