DBM: Proposed 2022 budget could reach P5.024T

MANILA, Philippines — Department of Budget and Management (DBM) Secretary Wendel Avisado on Saturday said that the proposed national budget for 2022 could reach P5.024 trillion.

“At sa 2022 nga, inihahanda na natin yung budget call natin, aangat ng about 11.5 percent ang ating level of proposed budget for 2022, from P4.506 trillion to P4.024 trillion,” Avisado said during the Laging Handa online press briefing.

(We are preparing our budget call for 2022, which will have an 11.5 percent increase from P4.506 trillion to P4.024 trillion.)

But in a text message to INQUIRER.net, Avisado clarified that the proposed budget for that year is actually at P5.024 trillion.

“That is abo…

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