The P5.268 trillion 2023 national budget is the “starting point” of the eight-point socioeconomic agenda of the Marcos administration, the Department of Budget and Management said. | BPinlacINQ
DBM, in a statement, said the 2023 General Appropriations Act – which is the biggest budget for the Philippine government so far – “aims to address the immediate concerns of the country, such as inflation, by protecting the purchasing power of families and consumers.”“The recently approved national budget also targets to mitigate the socioeconomic scarring brought by the COVID-19 pandemic,” it added.
Marcos’ budget chief Amenah Pangandaman also pointed out that the national budget for the upcoming year backs the administration’s goal of creating more jobs and reducing poverty.
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