President Ferdinand ”Bongbong” Marcos Jr. will no longer be able to sign the P6.352 trillion national budget plan for next year by December 20, 2024, Executive Secretary Lucas Bersamin said on Wednesday.
“The scheduled signing of the General Appropriations Act on December 20 will not push through to allow more time for a rigorous and exhaustive review of a measure that will determine the course of the nation for the next year,” Bersamin said in a statement.
Bersamin said that Marcos is consulting with the heads of major departments in an “ongoing assessment.”
“While we cannot yet announce the date of the signing, we can now confirm that certain items and provisions of the national budget bill will be vetoed in the interest of public welfare, to conform with the fiscal program, and in compliance with laws,” added Bersamin.
—VAL, GMA Integrated News
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