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2023 budget 'springboard' for full-speed economic recovery: DBM

Budget Secretary Amenah Pangandaman (PNA photo) MANILA - The proposed PHP5.268 trillion national budget for 2023 will serve as a "springboard for the economy's full-speed recovery," the Department of Budget and Management (DBM) said Friday. Budget Secretary Amenah Pangandaman said the 2023 budget spending plan was crafted based on and in support of the Marcos administration's eight-point socioeconomic agenda. "The administration's first full-year budget shall serve as a springboard for the economy's full-speed recovery and meaningful structural reform," Pangandaman said, as the House of Representatives began its deliberations on the proposed 2023 budget. The proposed budget is anchored on the theme, "Agenda for Prosperity: Economic Transformation Towards Inclusivity and Sustainability." The 2023 budget plan, Pangandaman said, would address the immediate and pressing concerns of Filipinos in the near- and medium-term. Filipinos' purchasi ....

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