Marcos signing 2024 nat’l budget a ‘timely gift’ — DBM

MANILA, Philippines — Budget and Management Secretary Mina Pangandaman said President Ferdinand “Bongbong” Marcos Jr.’s signing of the 2024 national budget was a “timely gift” for Filipinos.

“This is truly a timely gift for the Filipino people, a noteworthy legislation that marks a significant point in our ongoing efforts to stimulate robust economic growth and recovery,” Pangandaman said.

On Wednesday, Marcos signed the P5.768 trillion General Appropriations Act, providing the 2024 national budget.

“We strongly believe that the 2024 General Appropriations Act will facilitate the fulfillment of the administration’s 2022-2028 Medium-Term Fiscal Framework (MTFF) and the 8-Point Socioeconomic Agenda, where no Filipino will be left behind,” Pangandaman added.

The Budget secretary also said that the department will remain committed to “prudent fiscal management” for the advancement of Filipinos.

“Rest assured that we remain committed to prudent fiscal management and the judicious allocation of resources in our bid to continue the advancement of the Filipino people and the overall betterment of our nation,” she said.

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