President Ferdinand Marcos Jr. receives a copy of the proposed 2025 National Expenditure Program from Budget Secretary Amenah Pangandaman in Malacañang on Wednesday, July 31, 2024. (KJ ROSALES/PPA POOL)
MANILA, Philippines — President Ferdinand Marcos Jr. received on Wednesday a copy of the proposed 2025 National Expenditure Program (NEP).
Budget Secretary Amenah Pangandaman personally handed the document to Marcos in a presentation at Malacañang.
The 2025 NEP was presented and delivered to the president after the Department of Budget and Management turned the same proposed budget over to the Senate and the House of Representatives on Monday.
READ: DBM turns over to Senate the proposed nat’l budget for 2025
READ: House receives P6.352-T budget for 2025
At P6.3 trillion, the proposed budget for 2025 is higher than the P5.7 trillion budget in 2024.
Specifically, the Office of the President (OP) has a proposed budget of P10.4 billion, including confidential funds at P2.2 billion and intelligence funds at P2.3 billion.
READ: Marcos’ office retains P4.5-B confidential, intel fund for 2025 – DBM
In total, the OP’s proposed budget for 2025 of P10.4 billion is slightly lower than 2024’s P10.6 billion.