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Marcos admin seeks P7.2T national budget for 2027

Metrosundaily June 27, 2026

THE Marcos administration is set to present a ₱7.2-trillion national budget proposal for 2027 to Congress, marking a 6 percent increase compared to the current fiscal year’s allocation.

According to the Department of Budget and Management (DBM), the spending plan prioritizes infrastructure development and other high‑impact projects designed to sustain economic growth and improve public services across the country.

In making the announcement, the DBM emphasized that the budget is being crafted within a very tight fiscal environment. The government faces mounting pressure from rising mandatory expenditures — such as debt servicing, pension payments, and statutory allocations — which limit the amount of funds available for new programs and initiatives. This constraint requires careful balancing of resources to ensure that critical needs are met without compromising fiscal stability.

Despite these challenges, officials noted that the focus remains on sectors that deliver long‑term benefits to the public. Key areas for funding include transportation networks, health facilities, education programs, and social protection services.

The administration aims to maximize the efficiency of every peso spent, ensuring that the budget serves as a tool for inclusive development while maintaining the country’s commitment to sound fiscal management.

metrosundaily
Tags: budget for 2027

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Source: USD/PHP @ Wed, 22 Jul.

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