Palace clears P6.35-trillion proposed national expenditures plan for 2025

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Palace clears P6.35-trillion proposed national expenditures plan for 2025 - Business Mirror

Quick Summary:

INITIATIVES that will enhance the capability of the country’s students and labor force will get the lion’s share of the P6.352-trillion proposed national expenditures plan (NEP) for 2025, which President Ferdinand R.Marcos Jr.approved on Tuesday.

Also considered for the budget proposal are the Public Investment Program (PIP), Three-Year Infrastructure Program (TRIP), Information Systems Strategic Plan (ISSP), and Program Convergence.

These agencies will be tasked to improve access to Early Childhood Education as well as Technical and Vocational Education and Training and higher education programs; upskill and reskill the labor force; implement the Philippine Qualifications Framework and Philippine Skills Framework; strengthen existing employment facilitation services; and enhance income support and emergency employment programs.