Trending Now
Universities Must Defend Their Independence by Rejecting Trump’s...
Circumcision, Tylenol, and Autism? RFK Jr. Misses the...
Economics and the Infantilization of Culture
Maria Corina Machado, Venezuelan Champion of Freedom, Wins...
Friday Feature: Arrows Christian Academy
The Noun Doctrine: Why Governments Prefer Enemies That...
Economics and the Infantilization of Culture
Finance Economists Warn Against Government as Shareholder
When Pinker Doesn’t Know
Taxes, War, and the State are Freedom’s Biggest...
  • About Us
  • Contacts
  • Email Whitelisting
  • Privacy Policy
  • Terms and Conditions
DailyProfitTips.com
  • Editor’s Pick
  • Economy
  • Investing
  • Politics
  • World News
EconomyEditor's Pick

Budget priorities often out of step with PHL development plan — JICA

by October 8, 2025
October 8, 2025

THE Philippine Development Plan is often not fully aligned with budget priorities, Japan International Cooperation Agency (JICA) Chief Representative Baba Takashi said.

Speaking at the Philippine Development Forum, Mr. Baba  said: “We find that while the Philippine development plan sets the strategic direction, its alignment with the national budget is not always strong.”

This has caused delays in projects supported by Official Development Assistance (ODA) , he said on Oct. 6.

He noted that the Philippines sends “mixed signals on which priorities should be supported by ODA and local funds.”

Mr. Baba said the National Government committed to allocate counterpart funding of up to P6 trillion for foreign-funded projects, on top of the budget for regular projects and programs.

“Development partners are prepared to support the infrastructure sector with up to P2.1 trillion in public investment from 2025 to 2028,” he said.

Rep. Mikaela Angela B. Suansing, who chairs the House appropriations committee, has said that Congress supported the budget for 2026 foreign-assisted projects, noting that legislators left the executive branch’s proposed ODA allocations intact.

Mr. Baba also noted the poor coordination by core government agencies a disconnect between executive and legislative priorities, leading to inefficiencies in project rollouts.

The he said operations and maintenance budgets are also an issue.

“Inadequate funding or lack of long-term planning for maintenance leads to rapid deterioration of facilities and services. This gap undermines the very investment made in infrastructure,” he said. — Aubrey Rose A. Inosante

previous post
Chatting with A Dead Economist: J.M. Keynes, The Patron Saint of the Central Planner
next post
Weak investment forces strategy shift to helping established businesses grow — DTI

Related Posts

Universities Must Defend Their Independence by Rejecting Trump’s...

October 10, 2025

Circumcision, Tylenol, and Autism? RFK Jr. Misses the...

October 10, 2025

Maria Corina Machado, Venezuelan Champion of Freedom, Wins...

October 10, 2025

Friday Feature: Arrows Christian Academy

October 10, 2025

Finance Economists Warn Against Government as Shareholder

October 10, 2025

Green v. Tanner Brief: Juries, Not Judges, Need...

October 9, 2025

BPOs reject work-safety claims after Cebu quake

October 9, 2025

Mindanao airports being readied to handle planes as...

October 9, 2025

FPI calls on Philippines to be ready to...

October 9, 2025

Gold ore and nickel top industry revenue in...

October 9, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • About Us
    • Contacts
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions

    Copyright © 2025 DailyProfitTips.com All Rights Reserved.

    DailyProfitTips.com
    • Editor’s Pick
    • Economy
    • Investing
    • Politics
    • World News