Duterte admin proposes record P5.024-T budget for 2022

The Duterte administration is proposing a record-high national budget of P5.024 trillion for 2022 to sustain its response to the COVID-19 pandemic.

Presidential Spokesperson Harry Roque stated that this budget is the highest in the country's history and is 11.5 percent higher than the 2021 budget.

The Executive Branch plans to submit the National Expenditure Plan (NEP) to Congress by August 23.

The social services sector is allocated the largest portion with P1.922 trillion, supporting health and education programs.

Economic services will receive the second-highest allocation of P1.474 trillion, which includes flagship projects under the Build, Build, Build infrastructure program.

Other significant allocations include P862.7 billion for general public services, P541.3 billion for debt servicing, and P224.4 billion for the defense sector.

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