RA12116: AN ACT APPROPRIATING FUNDS FOR THE OPERATION OF THE GOVERNMENT OF THE REPUBLIC OF THE PHILIPPINES FROM JANUARY ONE TO DECEMBER THIRTY-ONE, TWO THOUSAND AND TWENTY-FIVE
The General Appropriations Act (GAA) for Fiscal Year 2025, signed into law as Republic Act No. 12116 by President Ferdinand R. Marcos Jr. on December 30, 2024, allocates ₱6.326 trillion—a 9.7 percent increase from the previous year—to foster inclusive growth, sustain economic recovery, and enhance the quality of life for all Filipinos. This substantial budget prioritizes critical sectors such as education, healthcare, infrastructure development, agriculture, and disaster management. It aims to empower individuals and families through essential services, strengthen key industries, generate employment, and ensure food security, reflecting the administration's commitment to responsive governance and addressing the evolving needs of the populace.
Despite facing challenges during its passage due to significant changes by the Bicameral Committee, the GAA 2025 is considered a vital fiscal blueprint for the country's development agenda. It is designed not just to meet present needs but also to propel long-term growth, aiming for single-digit poverty levels and upper-middle-income status. The enactment of this budget underscores the government's dedication to wise, transparent, and purposeful spending, positioning it as a powerful tool for economic transformation and realizing the aspirations of the Filipino people.