Debt servicing, infrastructure and defense are getting big increases in the 2024 budget. But much-needed service-oriented areas such as education, social work, labor and health are either given negligible increases or defunded.
Economy
2024 Budget Cuts and Increases From 2023
IBON Foundation
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1 min read
IBON Foundation
IBON Foundation is a non-stock, non-profit development organization. We have been serving the Filipino people through research and education since 1978. IBON seeks to promote an understanding of socioeconomics that serves the interests and aspirations of the Filipino people. We study the most urgent social, economic, and political issues confronting Philippine society and the world.
