DBM submits today P7.2 trillion ‘people-centered growth’ budget
The Philippine Department of Budget and Management has submitted a P7.2 trillion national budget for 2027, prioritizing education, health, and social services. The proposal includes new positions for the Department of Education to support inclusive learning for children with disabilities.
Why it matters
The budget proposal outlines the government's fiscal priorities and its strategy for long-term economic and social development.
MANILA, Philippines - The Department of Budget and Management (DBM) is set to submit to Congress today its proposed P7.2-trillion national budget for next year, which is six percent higher than this year's expenditure program.
Budget Secretary Kim Robert de Leon presented the 2027 National Expenditure Program - as the proposed budget is officially called - to President Marcos at Malaca ang yesterday.
According to Palace press officer Claire Castro, the proposed budget for next year will focus on education, health, livelihood, security and strengthening of communities, in line with the theme "People-Centered Growth for an Inclusive and Resilient Future."
"It aims to maximize every peso of public funds by delivering better services and creating more opportunities for Filipinos," Castro told reporters.
The proposed P7.2-trillion appropriation for 2027 is P407 billion higher than this year's P6.793 trillion. The DBM is scheduled to hold a press briefing at Malaca ang today.
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