Manila: President Ferdinand R. Marcos Jr. has ordered the release of approximately PHP1.307 trillion in programmed appropriations to stimulate the Philippine economy, Malaca±ang announced. The fund release aims to ensure the speedy recovery of the country, especially in communities affected by recent calamities.
According to Philippines News Agency, Palace Press Officer Claire Castro stated that the funds would mainly be allocated for social services for the remainder of 2025, creating a ‘multiplier effect’ on the economy. The government believes that proper utilization of public funds in sectors such as infrastructure, health, education, and direct subsidies will help stimulate economic growth by circulating more money within the economy.
The Department of Budget and Management (DBM) reported that PHP2.74 billion of the total will augment the National Disaster Risk Reduction and Management Fund, addressing Quick Response Fund replenishment and Emergency Cash Transfers in anticipation of potential typhoons in 2025. Additionally, PHP9.52 billion will go to the Department of Social Welfare and Development for conditional cash transfers, while other social welfare programs will receive significant allocations.
The Department of Agriculture is set to receive PHP7.33 billion for the National Rice Program and PHP2.47 billion for the National Livestock Program. The National Food Authority will benefit from PHP2.29 billion for rice buffer stocking and distribution programs.
Education remains a priority, with PHP203.82 billion allocated to the Department of Education. This includes funding for personnel services, year-end bonuses, and salary adjustments, along with operational costs for schools and government assistance programs. Higher education will receive PHP31.78 billion to support key initiatives and uphold the Universal Access to Quality Tertiary Education Act.
To support employment, PHP4.89 billion is designated for the Department of Labor and Employment’s programs aimed at generating immediate employment and enhancing livelihood opportunities. Health services will receive PHP4.3 billion for operational expenses in Metro Manila hospitals, with an additional PHP9.96 billion for regional hospitals.
Overseas Filipino Workers (OFWs) will benefit from PHP528.09 million allocated for various support programs, including emergency repatriation. Furthermore, PHP63.7 billion is set aside to cover the year-end benefits of government employees, including teachers.
DBM Secretary Amenah Pangandaman emphasized that the majority of the funds will be directed toward social services to ensure that spending in the final quarter of 2025 directly benefits the Filipino people. The programmed spending is expected to boost economic growth by year-end, impacting the overall economic performance for the year.
