Tinio: Proposed 2027 National Budget a ‘Blatant Case of Misprioritization’
Philippine House Deputy Minority Leader Antonio Tinio criticized the proposed 2027 national budget as a 'blatant case of misprioritization,' citing stark disparities in allocations among government agencies. The Department of Budget and Management (DBM) submitted a P7.2-trillion budget proposal.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Uswag Ilonggo Rep. Jojo Ang pleads not guilty in graft case
Philippine lawmaker James “Jojo” Ang Jr. pleaded not guilty to charges of graft. The Uswag Ilonggo representative personally entered his plea during arraignment and pretrial proceedings.
- PEZA Nears P300 Billion Investment Goal Amid Surge
The Philippine Economic Zone Authority (PEZA) is nearing its P300 billion investment target for the year, with investment approvals surging 92% to P297.14 billion from January to September. This encompasses 222 projects expected to generate $8.95 billion in exports and create 33,331 direct jobs.
- Philippine Stocks Tumble on Soaring Inflation
The Philippine stock market plunged after the country's September inflation rate hit a three-year high of 7.2 percent. Concerns over potential additional interest rate hikes by the central bank weighed on investor sentiment.
- PLDT Defers VITRO Data Center Listing Amid Economic Headwinds
Philippine telco giant PLDT Inc. has postponed the planned initial public offering (IPO) of its data center arm, VITRO Inc., to 2027, citing rising interest rates and worsening economic conditions as key factors for the deferral.