DBM submits 2025 proposed budget to Congress

The Department of Budget and Management (DBM) on Monday, July 29, turned over the proposed P6.352-trillion national budget for 2025 to Congress.

Next year’s National Expenditure Program is equivalent to 22 percent of the country’s gross domestic product, a 10.1 percent higher than the 2024 national budget of P5.768 trillion.

“Let us sustain the momentum and stay on track with our Agenda for Prosperity. Through this budget, we can achieve our target of a single-digit poverty level and an upper-middle-income economy,” Secretary Amenah Pangandaman said in her message at the turn-over ceremony.

“Together, let us fulfill the needs and aspirations of the Filipino people to achieve a Bagong Pilipinas for our citizens and the future generations,” added Pangandaman.

Taking a lion’s share of the next financial year budget are education (P977.6 billion), public works (P900 billion), health (P297.6 billion), interior and local government (P278.4 billion) and defense (P256.1 billion).

Social welfare (P230.1 billion), agriculture (P211.3 billion), transportation (180.9 billion), judiciary (P63.6 billion), and justice (P40.6 billion) are also priority sectors.IMT