Mania, Oct. 6 -- President Ferdinand R. Marcos Jr. on Monday underscored his administration's resolve to ensure that every peso of public money truly benefits Filipinos, warning that wastage, inefficiency, and corruption in government spending will not be tolerated.

Speaking at the Philippine Development Forum (PDF) 2025 in Mandaluyong City, Marcos said the national budget is both a "moral and economic compass" that must always point toward improving the lives of citizens.

"It must always point toward making life better for our people. Every project, every policy, every program, every peso, must move the needle for Filipino farm families," Marcos said.

"We will not tolerate measurement without action, nor will we tolerate the wastage o...