Latest in National Tax AllotmentEven a fifth-class municipality, the smallest and poorest classification of local government unit in the Philippines, receives multiple streams of funding from the Marcos administration’s proposed ₱7.2 trillion 2027 national budget, Budget Secretary Kim Robert De Leon said Saturday. De Leon made…
The Department of Budget and Management (DBM) used a simple bilao—a winnowing basket—to explain how the Marcos administration’s proposed ₱7.2 trillion 2027 national budget is allocated. Roughly half of the budget goes to salaries and pensions, more than 20% to infrastructure, and the remainder…
Former Finance Secretary Gary Teves on Thursday, August 14, urged President Ferdinand Marcos Jr. to convene the Legislative-Executive Development Advisory Council (Ledac) before congressional committee hearings on the proposed 2026 national budget begin, and to meet at least monthly thereafter. In…
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