The country’s Cabinet has signed off on the Executive branch’s spending plan for 2027, Presidential Communications Office Secretary Dave Gomez confirmed.
Gomez said the approval followed a presentation of the National Expenditure Program for the coming year, which the Department of Budget and Management laid out before Cabinet members. He declined to reveal how much the government intends to spend or any specifics tied to the plan, saying, “On the total amount and other details, we do not want to pre-empt the President’s budget submission to Congress.”
Under the standard timeline, the Development Budget Coordination Committee brings the proposed spending plan before the President and Cabinet in July of the year preceding the fiscal year in question. That committee draws its membership from the budget department, the Department of Finance, the Department of Economy, Planning, and Development—previously known as NEDA—and the Bangko Sentral ng Pilipinas.
Once the figures clear that stage, the DBM checks the approved allocations and folds them into the Budget of Expenditures and Sources of Financing, alongside other supporting documents. The President is then required to forward the proposal to Congress in August, doing so within 30 days after the regular session convenes, at which point lawmakers begin their review.
Figures released earlier by the DBM place the DBCC’s proposed spending at P7.2 trillion for 2027. That sum works out to 21.7 percent of national output and marks a 6 percent jump from what the government set aside for 2026. The agency has also pointed to steeper medium-term deficit goals, a shift it attributes to inflation projections running higher over the next two years.
