Economy

About the recently-enacted 2025 national government budget – IBON Foundation

About the recently-enacted 2025 national government budget – IBON Foundation



Pres. Marcos Jr said that the newly signed General Appropriations Act for 2025 reflects the government’s commitment to “[transform] economic gains into meaningful outcomes for every Filipino.” The Php6.326-trillion national budget however only reinforces the country’s undemocratic politics and inequitable economy. It still has hundreds of billions of pesos for pork barrel projects, confidential and intelligence funds, and other political devices for self-enrichment or patronage. These do nothing to address the number of poor and vulnerable families growing to some 19 million and of hungry families to over six million, nor manufacturing falling to its smallest share of the economy since 1949 and agriculture to its smallest in history.




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IBON Foundation
IBON Foundation

IBON Foundation is a non-stock, non-profit development organization. We have been serving the Filipino people through research and education since 1978. IBON seeks to promote an understanding of socioeconomics that serves the interests and aspirations of the Filipino people. We study the most urgent social, economic, and political issues confronting Philippine society and the world.

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