DBM: 2025 budget priorities align with PDP, 8-point agenda

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DBM: 2025 budget priorities align with PDP, 8-point agenda - Business Mirror

Quick Summary:

WITH the P6.352-trillion approved national budget for 2025, the development of infrastructure, human capital, enterprise and climate-smart and disaster-resilient communities; food security; research and development and innovation; government’s digital transformation; and devolution strategy will be prioritized.

Research and Development (R&D) and Innovation will continuously foster innovation, creativity and entrepreneurship, promote and invite the private sector for investments in R&D, and pursue an enhanced Academe-Industry-Government R&D linkage.

The infrastructure funding will also support innovative financing solutions and strategic partnerships with the private sector, considering only shovel-ready proposals aligned with the investment priorities, as well as enhancing connectivity through transportation projects.