Philippine President Ferdinand Marcos Jr has submitted a budget proposal to Congress. The proposed budget for 2027 is valued at 7.2 trillion pesos, which is equivalent to $118.1 billion.
This amount represents a 6% increase from the current year's budget. The proposal was made on Tuesday, with the president seeking approval from Congress.
Further details on the budget proposal can be found through Reuters, as reported in the Galveston County Daily News.
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