DBM submits proposed P6.3-T budget to House

The Department of Budget and Management formally turned over yesterday the proposed P6.352-trillion national budget for 2025 to the House of Representatives, with the P1.035-trillion allocation for local government units topping the spending priorities.

- DELON PORCALLA and ALEXIS ROMERO

“As we receive this document, we recognize the collective responsibility bestowed upon us as legislators to scrutinize, deliberate and ensure that every peso is judiciously allocated and spent,” Speaker Martin Romualdez said during the ceremonial turnover of the proposed budget.

“I’m confident that with the collaborative efforts of the executive and legislative branches, we will achieve a budget that not only meets the immediate needs of our people but also sets the stage for a more prosperous and equitable Philippines,” he added.

Budget Secretary Amenah Pangandaman said the Internal Revenue Allotment – renamed National Tax Allotment – for 2025 is “18.7 percent higher” than this year’s allocation of P871 billion.