• Politics
  • Economy
  • Stock
  • World News
  • Editor’s Pick
Investments Aims
EconomyEditor's Pick

Budget release rate hits 92.1% at end of June

by July 8, 2025
by July 8, 2025

AROUND 92.1% of the national budget had been released by the end of June, the Department of Budget and Management (DBM) said.

In its Status of Allotment Releases report, the DBM said it released P5.83 trillion of the P6.326-trillion budget.

The DBM said P500.65 billion remains undistributed.

The pace of releases is slightly ahead of the 91.8% rate posted at the end of June 2024.

Of the total released, 94% or P3.45 trillion went to government agencies. Special Purpose Funds accounted for 62.3% or P329.71 billion.

The Department of Public Works and Highways received P1.11 trillion or 96.7% of its P1.09-trillion allotted funds.

Automatic appropriations amounted to P1.90 trillion, the DBM said.

These included P1.03 trillion for the National Tax Allotment, P636.02 billion for interest payments, P83.42 billion for the Block Grant, and P75.96 billion for government agencies’ retirement funds and life insurance premiums.

Unprogrammed appropriations worth P72.13 billion were also released.

Economic managers have proposed a P6.793-trillion national budget for 2026, up 7.4% from the actual P6.326-trillion budget in 2025.

This is equivalent to 22% of gross domestic product.

The proposed 2026 National Expenditure Program is targeted for submission to Congress by August. — Aubrey Rose A. Inosante

0 comment
0
FacebookTwitterPinterestEmail

previous post
Polish firms inquire about possible Bicol investments
next post
DoE welcomes microgrid unsolicited proposals

You may also like

DoE welcomes microgrid unsolicited proposals

July 8, 2025

Polish firms inquire about possible Bicol investments

July 8, 2025

Growth in bulk prices of building materials in...

July 8, 2025

Clark airport, John Hay to pursue joint programs

July 8, 2025

PHL debt benchmark now at 70% of GDP,...

July 7, 2025

Bid invitation issued for P349-million upgrade of Bacon,...

July 7, 2025

CA rules in favor of BIR in cigarette...

July 7, 2025

DTI launches e-commerce trustmark

July 7, 2025

PHL food retailers seen growing 7% — USDA

July 7, 2025

DBM keeps public spending over 20% of GDP

July 7, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • Sean Diddy Combs Trial: Defense and Prosecution Agree on Expediting Sentencing, as Speculations Over Potential Long Sentence Are on the Rise

    July 8, 2025
  • Nano Nightmare: Government Plot to Monitor Your Body from the Inside Out! Is RFK Jr. Onboard? (VIDEO)?

    July 8, 2025
  • Eleven Republican Members of Congress Demand NIH End Fauci’s ‘Barbaric’ Animal Tests as Agency Clings to Cruel Legacy

    July 8, 2025
  • Speaker Mike Johnson Reveals New Federal Law Officially Codifies 28 Executive Orders Signed by President Trump

    July 8, 2025
  • WATCH: Brigitte Macron Rejects Husband’s Helping Hand Getting off Plane in the UK, Reigniting Controversy Weeks After She Was Filmed Slapping Him in the Face

    July 8, 2025
  • Terms & Conditions
  • Privacy Policy
  • Contact us
  • About us

Copyright © 2024 Investments Aims. All Rights Reserved.

Investments Aims
  • Politics
  • Economy
  • Stock
  • World News
  • Editor’s Pick