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THE Philippines’s outstanding debt at the end of 2024 is projected to reach P15.841 trillion as the Marcos Jr. administration is set to borrow more money to bankroll the national government’s record-high P5.768-trillion budget for next year. The 2024 National Expenditure Program (NEP) indicated that the expected national government’s debt…
The national government is allocating some P40 billion under its proposed 2024 budget to boost the country’s rice production. In his message for the 2024 National Expenditure Program (NEP), President Ferdinand R. Marcos Jr. said the bulk, or P30.9 billion, of the amount will go to the National Rice Program…
THE Marcos Jr. administration plans to bankroll almost P200 billion in social protection programs next year that include cash transfers, social pension, and emergency repatriation spending, according to the Department of Budget and Management (DBM). Budget Secretary Amenah F. Pangandaman said the current administration did not discontinue any cash transfer…
The national government (NG) is hiking its climate change (CC) spending next year by 17 percent to over P540 billion as it plans to strengthen the country’s mitigation and adaptation efforts. Based on the 2024 National Expenditure Program (NEP), the national government is allocating about P543.445 billion for its CC…
Philippine Canadian Inquirer PBBM’s Build Better More program gets P1.148T in 2024 NEP News