DBM programs P1.31T for Q4 spending to boost economy

The Department of Budget and Management (DBM) has programmed P1.31 trillion for government spending in the fourth quarter of 2025 to stimulate economic growth.

Budget Secretary Amenah Pangandaman stated that this programmed spending is intended to boost year-end economic growth and positively impact the overall economic performance for the year.

The majority of the fourth-quarter budget will be directed towards social services, in line with President Ferdinand Marcos Jr.'s directive to ensure that spending benefits the Filipino people.

The Cabinet-level Development Budget Coordination Committee (DBCC) lowered this year's economic growth target to 5.5 percent to 6.5 percent from the earlier projection of six to eight percent growth.

However, the economy faces a possible slowdown as government spending is affected by a widening corruption scandal.

Ms. Pangandaman has said the slowdown in public infrastructure spending is temporary, with spending expected to "catch up" in the remaining months of the year.