Former Finance Secretary Benjamin E. Diokno warned that the proposed ₱7.2-trillion national budget for 2027 will be exceptionally tight, constraining government flexibility as economic growth slows and borrowing costs escalate. Speaking at the Kapihan sa Manila Bay forum on Wednesday, Aug. 12,...
No last-minute insertions or amendments will be allowed once the Senate and House of Representatives convene for the bicameral conference committee on the proposed 2027 national budget, Senate Finance Committee chief Sen. Joseph Victor “JV” Ejercito said. Ejercito made this assurance after...
Cabinet-level interagency Development Budget Coordination Committee (DBCC) has projected weaker state spending on infrastructure for 2027, even as the government seeks to revive flood control funding. According to the updated national government fiscal program for 2025 through 2029, the DBCC...
President Marcos is proposing a P7.2-trillion national budget for 2027 that puts education and infrastructure among the administration’s biggest priorities, alongside major allocations for healthcare, social protection, agriculture, labor, and digitalization. Based on the President’s budget...
The national government’s outstanding debt is projected to breach the ₱21-trillion mark for the first time, hitting a record ₱21.48 trillion by the end of 2027 as the Marcos administration ramps up borrowing to fund infrastructure projects and development programs. According to medium-term...
Senate President Sherwin Gatchalian on Tuesday, August 11 formally received the proposed P7.2-trillion national budget for 2027. The copy of the National Expenditure Program (NEP) was formally received by Gatchalian during a ceremonial turnover at the Senate, together with Finance Committee...
The House of Representatives has set a tight 53-day timetable for the tackling and passage of the proposed P7.2-trillion 2027 national budget, using the just-submitted National Expenditure Program (NEP) as basis. Committee on Appropriations Chairperson Nueva Ecija 1st district Rep. Mikaela Angela...
The sought P10.733 billion confidential and intelligence funds (CIFs) under the proposed P7.2-trillion National Expenditure Program (NEP) for 2027 is lower by 8.8 percent compared to the current 2026 budget. Thus, bared Department of Budget and Management (DBM) Acting Secretary Kim Robert de Leon...
The proposed P7.2-trillion national budget for next year represents a prudent and forward-looking investment aimed at sustaining the country 's economic growth, President Marcos said. In his budget message, Marcos said the proposed 2027 National Expenditure Program (NEP), which was submitted...
The House of Representatives under Speaker Faustino "Bojie" Dy III is looking to repeat the conduct of a transformative and transparent budget process this year, even as the flood control projects corruption scandal remains more than a memory to most Filipinos. This, after the House fomally...
Although flood control projects have been "demonized", such projects must still exist in the proposed P7.2-trillion 2027 national budget, if only to protect vulnerable communities. Thus, said Deputy Speaker Iloilo 1st district Rep. Janette Garin ahead of Malacañang 's expected submission of...
The government will formally submit to Congress on Tuesday, Aug. 11, the proposed P7.2-trillion National Expenditure Program (NEP) for 2027, setting in motion the next stage of the national budget process, Malacañang said Monday. Presidential Communications Office (PCO) Undersecretary Claire...
