Philippines eyes P6.2 trillion national budget for 2025 | ABS-CBN
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Philippines eyes P6.2 trillion national budget for 2025
Philippines eyes P6.2 trillion national budget for 2025
MANILA — The Development Budget Coordination Committee (DBCC) is proposing a national budget of P6.2 trillion for 2025, NEDA chief Arsenio Balisacan announced Thursday.
MANILA — The Development Budget Coordination Committee (DBCC) is proposing a national budget of P6.2 trillion for 2025, NEDA chief Arsenio Balisacan announced Thursday.
The proposed P6.2 trillion 2025 national budget is equivalent to 21.4 percent of GDP and higher by 7.5 percent compared to the 2024 national budget, according to a release by the the DBCC.
The proposed P6.2 trillion 2025 national budget is equivalent to 21.4 percent of GDP and higher by 7.5 percent compared to the 2024 national budget, according to a release by the the DBCC.
In a Palace briefing, Balisacan assured that government spending will “remain focused on delivering high-impact and transformative public infrastructure projects and essential social services especially for the poor and vulnerable.”
In a Palace briefing, Balisacan assured that government spending will “remain focused on delivering high-impact and transformative public infrastructure projects and essential social services especially for the poor and vulnerable.”
“The budget shall support the Marcos administration’s Build Better More Program to stay on course and maintain infrastructure spending between five to six percent of GDP from 2024 to 2028,” Balisacan said.
“The budget shall support the Marcos administration’s Build Better More Program to stay on course and maintain infrastructure spending between five to six percent of GDP from 2024 to 2028,” Balisacan said.
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