PRESIDENT Ferdinand Marcos Jr. approved on Tuesday, July 2, 2024, the proposed P6.352 trillion budget for 2025.During a Cabinet meeting presided over by Marcos in Malacañang, Department of Budget and Management Secretary Amenah Pangandaman presented the proposed Fiscal Year 2025 National Expenditure Program , which aims to support the key pillars of the administration’s Philippine Development Plan 2023-2028.
Pangandaman said the availability of fiscal space, implementation and readiness of Program/Activity/Projects , agency’s absorptive capacity, alignment with Budget Priorities Framework and PDP 2023-2028 were among those considered in crafting the 2025 NEP along with the Public Investment Program , Three-Year Infrastructure Program , Information Systems Strategic Plan and Program Convergence.
2025 National Budget National Budget Approval
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