The Philippine government has passed a P6.326 trillion national budget for 2025, representing a 9.7% increase from the previous year. The budget aims to deliver significant economic benefits to Filipinos and prioritize social services, education, and health, as outlined in the Philippine Development Plan 2023-2028. President Ferdinand Marcos Jr. highlighted the budget's focus on sustainable and green investments, ensuring climate resilience.
THE P6.326 trillion national budget for 2025 is the government’s most powerful tool to deliver the biggest economic benefits to Filipinos, said Finance Secretary Ralph Recto, as he assured the Department of Finance’s commitment to work doubly hard to mobilize resources efficiently to fund it.Signed into law on December 30, 2024, the P6.326 trillion General Appropriations Act for 2025 is 9.7 percent higher than the previous year. This is equivalent to 22.
Sisikapin din po natin ang patuloy na pagpapatupad ng ating economic services, kasama ang imprastraktura at agrikultura, upang mapalakas pa ang ating ekonomiya at malabanan ang kahirapan na dulot ng pagtaas ng presyo ng bilihin at kalamidad,” said Marcos.
PHILIPPINES BUDGET ECONOMY SOCIAL SERVICES DEVELOPMENT
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