00:006.352 trillion pesos will be allocated by the national budget for 2025.
00:07This is higher by 10.1 percent compared to the 5.768 trillion pesos budget of the government this year.
00:15According to the Department of Budget and Management, Secretary Amena Pangandaman,
00:18this is equivalent to 22 percent of the gross domestic product or GDP of the country.
00:25They will submit the proposed 2025 national budget to the Cabinet on July 2 and on July 29 to the Congress.
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