Philippines’ New Budget Criticized as ‘Heartbreaking’ and ‘Moral Failure’ - PRESS AI WORLD
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Philippines’ New Budget Criticized as ‘Heartbreaking’ and ‘Moral Failure’

share-iconTuesday, December 31 comment-icon1 month ago 10 views
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scmpSCMP
Philippines’ New Budget Criticized as ‘Heartbreaking’ and ‘Moral Failure’

Credited from: SCMP

  • President Ferdinand Marcos Jnr has approved a national budget deemed **"heartbreaking"** by critics, jeopardizing social and health protection for the poor.
  • Congress slashed **361 billion pesos** (approx. US$6.1 billion) from critical programs, including funding for **PhilHealth**, which provides insurance for the underprivileged.
  • The budget process included a **veto** of 194 billion pesos in projects, perceived as a superficial reform to address long-term issues.
  • Critics argue that reallocating funds for politicians' projects highlights a **moral failure**, prioritizing political support over urgent social services.
  • Protests erupted against the budget, with some anticipating potential **legal challenges** in the Supreme Court due to its contentious nature.

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