The Department of Budget and Management (DBM) clarified that a lower-than-requested fund allocation does not constitute a budget cut, as lawmakers debated the 2027 national budget. The DBM emphasized that the government had approved a total of P7.2 trillion for the upcoming fiscal year, with some agencies receiving less than their requested amounts. Officials stressed that the decision was based on fiscal responsibility and prioritization of key national projects.
The Senate’s budget deliberations have been ongoing, with lawmakers scrutinizing how funds will be distributed across various sectors. While some agencies reported lower allocations, the DBM maintained that this does not reflect a reduction in overall funding. Instead, the agency highlighted that the budget aims to balance economic growth with public service delivery.
The debate continues as lawmakers seek to finalize the budget, with concerns about resource allocation and efficiency. The DBM’s statement aims to reassure stakeholders that the budget remains aligned with national priorities. The final approval is expected in the coming weeks.
