11-August-2026
Economy News
 
Philippines' Marcos Proposes $118 Billion Budget for 2027
11-Aug-2026

Philippine President Ferdinand Marcos Jr. ?asked ?Congress on Tuesday to approve ?a 7.2 trillion-peso ($118.1 billion) budget for 2027, 6% higher than this ?year, as his government sought to regain momentum after a sharp economic slowdown and a corruption ?scandal that has slowed infrastructure spending.

News Source:- https://money.usnews.com/investing/news/articles/2026-08-11/philippines-marcos-proposes-118-billion-budget-for-2027