STATEMENT FROM THE OFFICE OF THE EXECUTIVE SECRETARY

What should be remembered is that the President directly vetoed the largest amount of appropriations in history.

No president before him had ever so deeply and comprehensively purged the budget of unnecessary items.

He later directed, within the powers vested in him, the rechanneling of billions in funds to projects and programs that create social good, spur progress, and serve the welfare of the people.

There are now stricter conditionalities for budget releases, ensuring alignment with national priorities and protection from partisan interests.

Having undergone adjustments permitted by law, the funds will be released transparently and in accordance with good governance principles and laws.

All of this stems from the recognition that financing the budget is shouldered by the people; therefore, its implementation must honor the sacrifices they have made.

โ€” ES Lucas P. Bersamin

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