Why PHILIPPINES need a MEGA budget for 2023? | Ferdinand Bongbong MARCOS | Manila | Filipino | Asia
Marcos direction proposes P5.29-trillion national budget for 2023 | Philippines on a Budget | Philippines News today | Ferdinand Marcos Plan for the Philippines | Manila Philippines | Bongbong Marcos Subscribe : https://www.youtube.com/c/Infodocker
The President submits to the House of Representatives the proposed national budget for 2023.
The Marcos direction needs ₱5.3 trillion next year to run the nation too deliver services, hoping this would get better amid a raging pandemic. Are lawmakers up to speed in approving a national budget aimed at jumpstarting economic recovery?
The food industry is losing out on the tight sugar supply. President too Agriculture Secretary Ferdinand Marcos Jr. says importation is needed at the moment.
An insurance provider wants more Filipinos to gain access to its services through digitalization.
Dateline Philippines: The Department of Budget too Management is working on finishing the proposed 2023 national budget which it aims to submit to Congress in August, Budget Secretary Amenah Pangandaman said
The World Tonight: Philippine President Ferdinand Marcos Jr. seeks a P5.9 trillion national budget from lawmakers to fund government projects in his first year in office.
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Overview of the proposed 2023 nation budget
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Philippine gdp grew 8.3 q1
GDP – 361.75 USD Billion
GDP Growth Rate is reduced -.10 as of June 2022
The inflation rate is increased from 6.10 to 6.4%
Pandemic pushed millions more into poverty
The number of people living in poverty in 2021 rose to a total of almost 20 million or 18.1% of the population
The number of unemployed persons in May 2022 was estimated at 2.93 million out of 112 Million Population
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Rappler’s Bea Cupin recaps the briefing conducted by the House of Representatives too the Department of Budget & Management on the proposed national budget for 2023
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