MANILA -- President Rodrigo Duterte vetoed P95 billion in items from the 2019 budget because they are not included in his administration’s programmed priorities, the head of his economic team said Tuesday.
The vetoed items, covering projects of the Department of Public Works and Highways "are not included in the programmed priorities," Finance Secretary Carlos Dominguez said in a statement.
"We fully support the President in his desire to focus national expenditure on projects and activities that redound to the benefit of all Filipinos and stimulate the growth of the economy providing job and income opportunity for the least advantaged," he said.
Duterte signed the P3.7 trillion budget on Monday with vetoed items and with certain provisions under "conditional implementation," Presidential Spokesperson Salvador Panelo said.
Socioeconomic Planning Sec. Ernesto Pernia earlier estimated that the country's gross domestic product could slow to 6.1 to 6.3 percent if a reenacted budget was used until April.