Cabinet approves 2027 national expenditure program
The P7.2 trillion plan is 6% above 2026 spending and equals 21.7% of gross domestic product, officials said.
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5 Articles
Cabinet approves 2027 national expenditure program
MANILA, Philippines — The Cabinet on Friday approved the proposed 2027 National Expenditure Program presented by the Department of Budget and Management during a meeting at Malacañang Palace, Presidential Communications Office Acting Secretary Dave Gomez said. President Ferdinand Marcos Jr. presided over the meeting. READ: Gov’t proposes P7.2-trillion spending bill for 2027 “The cabinet discussed and approved the 2027 national expenditure progra…
President Ferdinand Marcos Jr. has approved the 2027 National Expenditure Program (NEP) during a Cabinet meeting held in Malacañang. According to PCO Acting Secretary Dave Gomez, the president approved the proposed budget after it was presented by the Department of Budget and Management. The NEP will be the basis for the General Appropriations Bill to be submitted to Congress. It will determine the funds allocated to programs, projects and opera…
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