Fewer foreign trips for Marcos next year as 2025 budget slashed

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Business Mirror Logo Business Mirror 13h ago

Fewer foreign trips for Marcos next year as 2025 budget slashed - Business Mirror

Quick Summary:

PRESIDENT Ferdinand R.Marcos Jr.will go on fewer trips next year owing to the slashed 2025 travel budget in the proposed National Expenditure Program, according to the Department of Budget and Management (DBM).

It is an 8-percent decrease compared to the P1.148-billion allocation in the 2024 General Appropriations Act, Pangandaman added.

Pangandaman said only P1.054 billion was allocated for the travel of the President.