2012 proposed budget

President Aquino submits 1.816T results-focused 2012 budget to Congress

The proposed budget is higher by 10.4 percent or P171 billion over the current year’s P1.645-trillion National Budget, and represents 16.5 percent of the projected gross domestic product (GDP). It is based on a conservative growth assumption of 5.5 percent, even as the administration continues to strive for 7 to 8 percent growth. Read more