Amid slower economic growth in 2025, the Marcos administration plans to spend P1.3 trillion for the rest of the year, mostly on social services. This follows a plunge in government construction spending due to the flood control corruption scandal.
The Philippine economy faces slower growth in 2025, prompting the Marcos administration to take steps to boost activity. A major initiative is the planned P1.3 trillion expenditure from the fourth quarter onward, focused mainly on social services. This is welcomed as a positive development, particularly after government construction spending plummeted due to the flood control corruption scandal. The drop has posed challenges to growth, but the administration's new spending plan is expected to help arrest it. No further details are available on the exact fund allocation, but the emphasis on social services stems from the need to support sectors affected by the economic slowdown.