Budget cycle begins in Congress as DBM hands over proposed 2025 gov’t funding

Marcos Jr. Administration News

Budget cycle begins in Congress as DBM hands over proposed 2025 gov’t funding
Budget WatchDepartment Of Budget And ManagementHouse Of Representatives
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Similar to the timetable in the past two years, Speaker Martin Romualdez commits to have the proposed budget approved by his chamber before it goes on break in October

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MANILA, Philippines – The Department of Budget and Management submitted to the House of Representatives on Monday morning, July 29, the proposed 2025 budget of President Ferdinand Marcos Jr.’s economic managers.The DBM’s briefer provides the following breakdown for priority sectors:Public works: P900 billion Interior and local government: P278.4 billion Social welfare: P230.1 billion Transportation: P180.9 billion Justice: P40.

The executive branch’s turnover of the proposal to Congress signals the start of the budget cycle in the legislative branch, with committee-level deliberations expected to kick off as early as next week.

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