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DBM turns over P6.35 trillion 2025 NEP to lawmakers

Business Mirror LogoBusiness Mirror11h ago

DBM turns over P6.35 trillion 2025 NEP to lawmakers - Business Mirror

Quick Summary:

THE Department of Budget and Management (DBM) on Monday submitted the 2025 P6.352-trillion National Expenditure Program (NEP) of President Ferdinand R.Marcos Jr., with job creation, quality education, expanded health care, and social protection as top priorities.

Education is the top priority, with an allocation of P977.6 billion, emphasizing the government’s commitment to enhancing the quality and accessibility of education for all Filipinos.Higher by 15.4 percent over the 2024 figure, it covers the allocations for government assistance and subsidies, basic education facilities, and Universal Access to Quality Tertiary Education (UAQTE), among others.

This portion will cover the day-to-day operations and priority programs of the National Government (NG), including the Pantawid Pamilyang Pilipino Program (P114.2 billion) and the National Health Insurance Program (P74.3 billion).


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Article Details

Author / Journalist: Jovee Marie N. de la Cruz

Category: BusinessStartups

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-29 @ 18:21:44 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 1446 words

Reading Time: 9 minutes read

Sentences: 47 lines

Sentence Length: 31 words per sentence (average)

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

Copyright Owner: © Business Mirror

News ID: 21833439

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 76 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 12 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #37

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