DBM submits P7.2-trillion 2027 budget to Marcos

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MANILA, Philippines – The Department of Budget and Management (DBM) has submitted the proposed P7.2-trillion National Expenditure Program (NEP) for fiscal year 2027 to President Ferdinand R. Marcos Jr., Malacañang announced Monday.

DBM submits P7.2-trillion 2027 budget to Marcos
Photo courtesy: Presidential Communications Office

Budget Secretary Kim Robert de Leon formally handed over the proposed expenditure program to Marcos, according to Presidential Communications Office Undersecretary and Palace Press Officer Claire Castro.

The proposed 2027 NEP prioritizes education, healthcare, livelihood, national security, and community empowerment, in line with the administration’s theme of “people-centered growth for an inclusive and resilient future.”

“Nakatuon ang budget sa edukasyon, kalusugan, kabuhayan, seguridad, at pagpapalakas ng mga komunidad alinsunod sa temang ‘people-centered growth for an inclusive and resilient future,’” the Palace said.

The proposed budget also seeks to maximize the use of public funds by improving government services and creating more opportunities for Filipinos.

“Layunin nitong gawing mas kapaki-pakinabang ang bawat pisong pampublikong pondo sa pamamagitan ng mas mahusay na serbisyo at mas maraming oportunidad para sa mga Pilipino,” the Palace added.

The DBM is set to formally submit the proposed 2027 NEP to Congress on Tuesday, August 11, for deliberation.

The department will also hold a press briefing at Malacañang on Tuesday to provide more details about the proposed national expenditure program.

— The Summit Express

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