The Makati City skyline on Nov. 9, 2022. Gigie Cruz, ABS-CBN News

Makati

Pia Gutierrez

ABS-CBN News

MANILA &mdash; The Development Budget Coordination Committee (DBCC) is proposing a national budget of P6.2 trillion for 2025, NEDA chief Arsenio Balisacan announced Thursday. &nbsp;The proposed P6.2 trillion 2025 national budget is equivalent to 21.4 percent of GDP and higher by 7.5 percent compared to the 2024 national budget, according to a release by the the DBCC.&nbsp;In a Palace briefing, Balisacan assured that government spending will &ldquo;remain focused on delivering high-impact and transformative public infrastructure projects and essential social services especially for the poor and vulnerable.&rdquo;&ldquo;The budget shall support the Marcos administration&rsquo;s Build Better More Program to stay on course and maintain infrastructure spending between five to six percent of GDP from 2024 to 2028,&rdquo; Balisacan said. <a href="https://news.abs-cbn.com/business/2024/4/4/philippine-gov-t-lowers-economic-growth-target-1928">READ: Philippine gov&#39;t lowers economic growth target</a>

<a href="https://news.abs-cbn.com/business/2024/4/4/philippine-gov-t-lowers-economic-growth-target-1928">READ: Philippine gov&#39;t lowers economic growth target</a>

In a Palace briefing, Balisacan assured that government spending will &ldquo;remain focused on delivering high-impact and transformative public infrastructure projects and essential social services especially for the poor and vulnerable.&rdquo;&ldquo;The budget shall support the Marcos administration&rsquo;s Build Better More Program to stay on course and maintain infrastructure spending between five to six percent of GDP from 2024 to 2028,&rdquo; Balisacan said.

MANILA &mdash; The Development Budget Coordination Committee (DBCC) is proposing a national budget of P6.2 trillion for 2025, NEDA chief Arsenio Balisacan announced Thursday. &nbsp;The proposed P6.2 trillion 2025 national budget is equivalent to 21.4 percent of GDP and higher by 7.5 percent compared to the 2024 national budget, according to a release by the the DBCC.&nbsp;

The Development Budget Coordination Committee is proposing a national budget of P6.2 trillion for 2025, NEDA chief Arsenio Balisacan announced Thursday.

The Development Budget Coordination Committee is proposing a national budget of P6.2 trillion for 2025, NEDA chief Arsenio Balisacan announced Thursday.

Philippines eyes P6.2 trillion national budget for 2025 | ABS-CBN News

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Philippines eyes P6.2 trillion national budget for 2025

Philippines eyes P6.2 trillion national budget for 2025