Panukalang 2024 national budget, isinumite na ng DBM sa Kamara
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00:00 The official of the DBM, Department of Budget and Management, in Camara is officially announced the 2024 National Expenditure Program,
00:09 which will be the basis of the national fund for the next year.
00:15 The DBM Secretary of the Ministry of Finance and the House Speaker Martin Rubaldes led the turnover ceremony,
00:24 led by other officials of the government. The 2024 NEP is worth Php 5.7 trillion,
00:33 which is 9.5 percent higher than the annual budget, equivalent to 21.7 percent of the gross domestic product of the country.
00:46 Under this, the target of the plan is for the purchasing power of Filipinos to continue to grow. The pandemic effect is different and the economic downturn is uncertain.
00:59 As stated in the Constitution, the education sector is still leading the priority sector for the 2024 budget,
01:08 followed by public works, health department, interior and local government, and national defense.
01:16 Transportation, social welfare, agriculture, judiciary, labor and employment are also included in the priority sectors.
01:28 (upbeat music)