Palace proposes P6.352-T 2025 budget

The Marcos administration is proposing another record budget of P6.352 trillion for 2025 as the government moves to finance its priority programs and achieve its macroeconomic targets.

- LOUISE MAUREEN SIMEON

At a briefing following the 188th Cabinet-level Development Budget Coordination Committee meeting yesterday, Budget Secretary and DBCC chair Amenah Pangandaman said the proposed National Expenditure Program for 2025 is P6.352 trillion.

The record budget level proposed for next year is 10.1 percent above this year's allocation of P5.768 trillion.

"Social sector will definitely, again, get a big chunk of the budget - that's education, health and social protection," Pangandaman said.

"Agriculture will also remain to be a top priority as we increase our investments for food security. We also have infrastructure development and digitalization as well as climate projects," she said.

The P6.352 trillion is 2.45 percent higher than the previous proposal of P6.2 trillion last April. Next year's budget is equivalent to 22 percent of the economy.