Philippines House Committee Approves P7.2-T National Budget for 2027
Economy
2026年9月14日
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GMA Money Philippines

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Philippines House Committee Approves P7.2-T National Budget for 2027

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The House Committee on Appropriations has approved the proposed P7.2-trillion national budget for 2027. Despite some dissenting votes, deliberations will continue, with a focus on additional allocations for the education and agriculture sectors.

The House Committee on Appropriations has approved the proposed P7.2-trillion national budget for 2027. While the vote was not unanimous, with some members opposing, the decision paves the way for further deliberations in the plenary. According to Appropriations Committee Chair Representative Mikaela Suansing, the budget was approved without amendments. This is because the Budget Amendments Review Sub Committee (BARSC) has not yet convened. Suansing explained that "all amendments will be incorporated into the House of Representatives' General Appropriations Bill (HGAB) once BARSC convenes." The BARSC is expected to convene by the end of this week or early next week and will comprise over 20 members. The period for sponsorship and debates on the proposed national budget is scheduled to commence tomorrow at 12 noon. Notably, potential amendments are being considered for the Department of Education's budget, specifically regarding the absence of allocations for hiring new teachers and the Academic Recovery and Accessible Learning (ARAL) program for 2027. Suansing stated, "The lack of budget for hiring new teachers or for the ARAL program, these are the things that we need to look at when mending the budget." Furthermore, the Department of Agriculture is seeking assistance to combat the effects of El Niño, such as fertilizer support and solar irrigation pumps. In the Philippines, the national budget formulation process undergoes rigorous scrutiny in Congress. The proposed 2027 budget is expected to address pressing issues such as sustaining economic growth, improving the quality of life for citizens, and responding to climate change impacts. Investment in education is particularly crucial for nurturing the future workforce, while support for the agriculture sector is vital for ensuring food security and revitalizing rural economies.

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