Philippine President Ferdinand Marcos seeks record $94billion budget for 2023
Philippine President Ferdinand Marcos Jr asked Congress on Monday for a record 5.29 trillion pesos (an equivalent of $94.40 billion) government budget in 2023 to support an ambitious policy agenda aimed at boosting growth and lifting millions out of poverty. Marcos’ proposed budget, which is equal to 22.2% of the country’s total economic output, is… Read More Philippine President Ferdinand Marcos seeks record $94billion budget for 2023