Senators see nothing wrong with Marcos' proposed travel fund for 2024

At least three administration senators saw nothing wrong with the increased budget for President Ferdinand “Bongbong” Marcos Jr.'s travels in 2024, citing the supposed gains of his past foreign trips.

“Nakikita ko kasi talaga ‘yung importance and how powerful it is that the number one marketing guy sa Pilipinas, when it comes to tourism, and investments, and economic pledges, eh talagang Pangulo,” he added.“Lahat ng sobra masama. Titingnan pa rin natin at sisiguraduhin na it will be put into good use,” he said.Senate Deputy Majority Leader JV Ejercito likewise said that senators would ask the Office of the President to present the rationale behind the increased budget for foreign travels.

While Marcos was busy attracting foreign investments, Ejercito nevertheless pointed out the need to improve public services and infrastructure in the country as this would also encourage foreign businesses to stay in the Philippines. “So the trips are justifiable, and I think that's a formula that our President is applying in order to bring foreign investment… there's a direction in the trips, it's not vacation,” he added.“The biggest question and the biggest challenge is when the actual investment will come in. To follow through to those investments.

Marcos was also in Thailand last November for the APEC 2022 and in Brussels, Belgium for the EU-ASEAN Summit.

Source: Holiday News (holidaynews.net)

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Marcos admin proposes P9.2 billion for 2024 confidential, intel funds | The wRapThe wRap highlights: 2024 Philippine budget, Lizzo, and BTS' V | ThewRap
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Marcos seeks P1.4 billion for trips, state visits in 2024 budgetICYMI. The P1.408 billion represents a 58% increase from the P893.87 million the Office of the President asked for “local/foreign missions and state visits” in the proposed 2023 budget.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Marcos admin seeks ₱9.2B in confidential, intel funds for 2024The administration is targeting to secure a total of ₱9.2 billion in confidential and intelligence funds for next year, the bulk of which is proposed to be allocated for President Ferdinand Marcos Jr.’s office.
Source: CNN Philippines - 🏆 13. / 63 Read more »

Marcos admin wants P10.1 billion in confidential, intel funds for 2024(1st UPDATE) Under the proposal, a bulk of the confidential and intelligence funds for 2024 would go to President Marcos and Vice President Duterte's offices, just like what happened in the 2023 budget
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Marcos admin’s 2024 confidential, intel funds increased by P120M--DBMConfidential and intelligence funds (CIF) under the proposed P5.768-trillion National Expenditure Program (NEP) for 2024 increased by P120 million, the Department of Budget and Management (DBM) said on Thursday, Aug. 3.
Source: manilabulletin - 🏆 25. / 51 Read more »

Marcos admin asks for P31-B calamity fund for 2024The Marcos administration wants more fund for its disposal during calamities as it asks Congress for a P31 billion calamity fund in 2024. Also known as the National Disaster Risk Reduction and Management Fund (NDRRMF), the calamity fund proposal is higher by 51.2% than the current P20.5-billion appropriation.
Source: gmanews - 🏆 11. / 68 Read more »