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BusinessWorld E-paper

August 23, 2022

THE MARCOS administration proposed to increase the allocations for education, health, agriculture, and infrastructure under the P5.268-trillion national budget for 2023, while lowering allotments for other priority sectors such as social protection.

The Department of Budget and Management (DBM) submitted to Congress on Monday the National Expenditure Program (NEP) for fiscal year 2023, which is the first
full-year budget proposed by President Ferdinand R. Marcos, Jr.

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