• The government has released P4.8 trillion, or roughly 83 percent of the record P5.768 trillion allocation this year, as state agencies move to implement their respective projects.
  • Latest data from the Department of Budget and Management (DBM) showed it has issued P4.8 trillion of the 2024 budget as of end-March.
  • This represents 83.2 percent of the national budget allocated for the year, an improvement from the 81.9 percent in March 2023.