DBM to submit proposed P5.3-T nat’l budget to Congress Monday

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The Department of Budget and Management (DBM) will be submitting the Marcos administration’s first spending plan to Congress on Monday. In a video message during an economic forum hosted by Economi…

The Department of Budget and Management will be submitting the Marcos administration’s first spending plan to Congress on Monday.

“[We] have already presented the administration’s first National Expenditure Program or NEP amounting to PHP5.268 to President Marcos Jr. on July 28 and we are gearing up for its submission to the19th Congress on Monday, August 22,” she said in her speech. “But this only strengthens our resolve to ensure that the government’s programs, activities, and projects will reach every Filipino and improve their quality of life amid the pandemic, through our recovery and beyond,” she added.

“Our agenda for prosperity focuses on food safety and security and human capital and infrastructure development among other priority sectors. It is anchored on the administration’s overarching goals of creating more quality and green jobs, reducing poverty incidence, promoting digitalization, and achieving an inclusive and resilient economy,” she said.

 

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