The Department of Budget and Management (DBM) said the Marcos administration’s spending will remain focused on infrastructure, agriculture, health, and education until next year. ManilaBulletin
In a statement, Budget Secretary Amenah F. Pangandaman said Monday, June 5, that the proposed 2024 national budget will still focus on sectors prioritized in this year’s budget
Aligned with President Ferdinand R. Marcos Jr. administration's 8-Point Socioeconomic Agenda and the Philippine Development Plan 2023-2028, the government will continue to prioritize expenditure items that will steer the economy back on a high growth path. "We all know that this year, we increased it to about 40 percent from previous years because we didn’t give enough investment. Our support for agriculture has always been very low,” Pangandaman said.
Pangandaman added that support will likewise be given to the health and education sectors, including the upgrading of skills of the country's workforce.
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