Analysts urged Congress to use its deliberations on the proposed P7.2-trillion national budget for 2027 to prioritize reforms that strengthen manufacturing and support investments in infrastructure, energy security, digital transformation, education and workforce development, BusinessWorld reported. The Department of Budget and Management is scheduled to turn over the proposed budget to Congress by Aug. 14.
Manufacturing is seen as a key driver for job creation and economic resilience, while infrastructure spending remains critical for improving logistics and attracting investment. Analysts stressed that a well-calibrated budget could help the Philippines sustain its growth momentum amid global uncertainties.
Energy security and digital transformation were also highlighted as essential areas for long-term competitiveness, alongside education and workforce training to equip Filipinos with future-ready skills. Lawmakers are expected to scrutinize the budget proposal in the coming weeks to ensure allocations align with national development priorities.