World

Philippines' Marcos proposes $118 billion budget for 2027

The proposed budget for 2027 is equivalent to 21.7% of the country's gross domestic product.

11 August 2026Tagblick Newsdesk

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Archive photo: Philippines' Marcos proposes $118 billion budget for 2027 — Archive photoPhoto: Judgefloro · Wikimedia Commons · Public domain

Philippine President Ferdinand Marcos Jr. has proposed a budget of $118 billion for the year 2027. This plan has been made public through the Department of Budget and Management.

According to the department, the proposed spending plan represents 21.7% of the nation's gross domestic product (GDP). Further details regarding allocations and priorities have not been released.

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