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President Rodrigo Roa Duterte Already, the Development Budget Coordination Committee (DBCC), an inter-agency body tasked to set the macroeconomic targets of the country, approved late Monday, a P5.024 trillion expenditure ceiling for 2022. According to the DBCC, the 2022 National Expenditure Program, which will be submitted to Congress once it resumes session, is 11.5 percent higher than the P4.506 trillion general appropriations this year. Of the proposed 2022 budget, the executive department earmarked P1.29 trillion for infrastructure projects, equivalent to 5.8 percent of the country’s economy, or gross domestic product (GDP). The DBCC, mainly led by the finance, budget and economic planning secretaries, said the approved national budget will continue to invest in building the country’s resilience amid the pandemic.

Rodrigo roa duterteRodrigor duterteDevelopment budget coordination committeeNational expenditure programPresident rodrigoExpenditure programவளர்ச்சி பட்ஜெட் ஒருங்கிணைப்பு குழுதேசிய செலவு ப்ரோக்ர்யாம்ப்ரெஸிடெஂட் ரோட்ரிகோசெலவு ப்ரோக்ர்யாம்