DBM submits P6.235T national budget for 2025

Updated Wed, July 31, 2024 at 12:31 AM Published Sun, July 28, 2024 at 11:51 AM

The Department of Budget and Management (DBM) has submitted the proposed P6.235 trillion National Expenditure Program (NEP) for 2025 to both the Senate and the House of Representatives.

The House of Representatives will begin budget deliberations next week with a briefing from the Development Budget Coordination Committee (DBCC) and aims to transmit the approved budget bill to the Senate by October.

The Senate, which received the NEP on July 28, is scheduled to start its deliberations on August 13, with committee report approval targeted for the first week of December.

Education remains the top priority with an allocation of P977.6 billion, followed by Public Works (P900 billion), Health (P297.6 billion), and Interior and Local Government (P278.4 billion).

Allocations for Confidential and Intelligence Funds (CIF) have been reduced to P10.2 billion, a decrease from the 2024 budget's P12 billion.

The proposed budget is intended to support the key pillars of the administration's Philippine Development Plan 2023-2028.

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House of Representatives Senate DILG DBM National Expenditure Program

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