President Ferdinand Marcos Jr. — Screengrab from RTVM
MANILA, Philippines — The Marcos administration’s proposed 2027 national budget has limited room to fund new and emerging priorities as mandatory expenditures increasingly crowd out the allocable portion, according to the Congressional Policy and Budget Research Department (CPBRD).
In its latest budget brief, the CPBRD estimated that only 2.2 percent of the proposed P7.2-trillion budget would remain as fiscal space for Tier 2 spending, or new and emerging priorities. This is sharply below the 11.8-percent average recorded from 2016 to 2026.
READ: Go: 2027 budget under pressure from NTA, rising debt payments
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