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WATCH: The proposed National Budget for FY 2025 amounts to Php 6.352 trillion, equivalent to 22.1 percent of GDP and 10.1 percent higher than this year’s budget of Php 5.768 trillion.
Anchored on the theme, “Agenda for Prosperity: Fulfilling the Needs and Aspirations of the Filipino people,” the proposed budget for next year prioritizes implementation-ready programs and projects that respond to the goals and strategies of the Philippine Development Plan 2023-2028.
In particular, the proposed budget aims to develop and protect the capabilities of individuals and families, transform production sectors to generate more quality jobs and produce competitive products, and foster an enabling environment that promotes macroeconomic stability and improved public services.
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