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2 clusters · 2 sources · 17 days · First seen · Last updated

Philippines 2027 national budget proposal

Overview

The Philippine government has proposed a P7.2-trillion national budget for 2027, which represents a significant increase over previous proposals. The initial plan, submitted by the Department of Budget and Management, aimed to prioritize education, health, food security, infrastructure, and climate resilience to address issues such as disaster management and corruption concerns in flood-control projects.

However, subsequent details of the proposal indicate that while the total budget is increasing, funding for various social services is projected to decrease. Specific cuts include a 4 percent reduction for the Department of Education, an 11 percent cut for the Department of Health—driven largely by a 53 percent reduction in medical assistance for indigent patients—and an 11 percent drop for the Department of Social Welfare and Development.

Entities

Philippines · Ferdinand Marcos Jr. · Department of Health · Department of Education · Department of Social Welfare and Development

Timeline

  1. 2 days ago

    [BUSINESS] 2 sources
    Philippines proposes P7.2 trillion national budget for 2027

    The Philippines has proposed a P7.2 trillion national budget for 2027, though social service sectors including education, health, and social welfare face various funding reductions.

  2. 19 days ago

    [POLITICS] 8 sources
    Philippines proposes P7.2-trillion national budget for 2027

    The Marcos administration has proposed a P7.2-trillion national budget for 2027, focusing on infrastructure, climate resilience, and social services amid ongoing concerns over flood-control corruption.

Sources

gulfnews.com · opinion.inquirer.net