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DBM expects 2025 budget signed before Christmas

Business Mirror LogoBusiness Mirror12h ago

DBM expects 2025 budget signed before Christmas - Business Mirror

Quick Summary:

THE national government expects the 2025 budget to be signed by the President before Christmas, according to the Department of Budget and Management (DBM).

Earlier, the better-than-expected inflation print in September raised the economic team’s optimism enough to consider an upward revision in the targets set by the DBCC.

This will allow the technical working groups enough time to make the calculations and “if necessary” adjust the government’s economic and fiscal targets based on the latest data.


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Article Details

Author / Journalist: Cai U. Ordinario

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-13 @ 13:44:25 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 538 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23020449

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About Business Mirror

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 71 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 10 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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