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What is 2023 Proposed Budget Breakdown about?

The proposed budget allocates P1.9 trillion for personnel services, representing 28.1% of the total and a 16.8% year-on-year growth. Capital Outlays will receive P1.2 trillion for infrastructure projects, while Financial Expenses are set at P950 billion. National Government Agencies will get P4.3 trillion and local government units will receive P1.3 trillion, excluding projects funded through national agencies.

Author

loremipsum436

Language

EN