THE Marcos administration has now exceeded the 2024 national budget by over P65 billion, mostly via unprogrammed appropriations, based on data from the Department of Budget and Management (DBM).
The data showed the country's 2024 budget had ballooned from the approved P5.768 trillion to P5.83 trillion as of end-September, with P65.172 billion added to unprogrammed appropriations. This means that government agencies will take on the amount as extra obligations for priority programs, if revenue collections exceed targets, or if more grants and foreign funds are secured.
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