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Marcos Backs 3% Cap on Unprogrammed Funds: A New Era of Fiscal Discipline for the Philippines
Latest in Governance
February 26, 20266 min read

Marcos Backs 3% Cap on Unprogrammed Funds: A New Era of Fiscal Discipline for the Philippines

President Ferdinand Marcos Jr. has endorsed a Department of Budget and Management (DBM) proposal to cap unprogrammed appropriations at 3 percent. This move is a cornerstone of a new Philippine budgeting code aimed at institutionalizing greater fiscal discipline and transparency.

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