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MANILA, Philippines — President Ferdinand Marcos Jr. approved the P5.768 trillion National Expenditure Program (NEP) for 2024, according to the Department of Budget and Management (DBM) on Friday. The 2024 NEP is 9.5 percent higher than this year’s P5.268 trillion budget. It is also 21.8 percent of the country’s gross domestic product. DBM Chief Amenah […]
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