Marcos: Proposed P7.2-T budget to drive ‘transformative reforms’

MANILA, Philippines — President Ferdinand Marcos Jr. on Tuesday said the proposed P7.2-trillion National Expenditure Program (NEP) for fiscal year 2027 will focus on “transformative reforms” aimed at advancing the country’s long-term development goals. In his message following Malacañang’s submission of the proposed national budget to the House of Representatives, Marcos said the spending plan would