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Marcos admin's fiscal strategy 'roadmap for prosperity': DBM

DBM Secretary Amenah Pangandaman (File photo) MANILA - The Marcos administration's Medium Term Fiscal Framework (MTFF) will serve as a roadmap for the country's prosperity, the Department of Budget and Management (DBM) said on Tuesday. This, as Budget Secretary Amenah Pangandaman hailed the Senate and the House of Representatives for backing the administration's 2022-2028 MTFF. "The MTFF is the roadmap for our Agenda for Prosperity," Pangandaman said in a press statement, noting that it is the first time that a Congress, through a resolution passed by Congress, adopted a comprehensive fiscal strategy for the entire term of an administration. Last week, the Senate adopted a resolution supporting the Marcos administration's 2022-2028 MTFF which seeks the alignment of all economic recovery programs and legislative priorities. Pangandaman thanked the lawmakers for their commitment to ensuring that their legislative agenda would be guided by the targets set in the ....

Stella Luz Quimbo , Sonny Angara , Amenah Pangandaman , House Appropriations Committee , Senate Concurrent Resolution , National Expenditure Program , Department Of Budget , Medium Term Fiscal Framework , Budget Secretary Amenah Pangandaman , Finance Committee , House Appropriations , Dbm Secretary Amenah Pangandaman File Photo Manila The Marcos Administration 39s Medium Term Fiscal Framework Mtff Will Serve Asa Roadmap For Country Prosperity , He Department Of Budget And Management Dbm Said On Tuesday This , S Budget Secretary Amenah Pangandaman Hailed The Senate And House Of Representatives For Backing Administration 39s 2022 2028 Mtff Quot Is Roadmap Our Agenda Prosperity , Uot Pangandaman Said Ina Press Statement , Oting That It Is The First Time Thata Congress , Hrougha Resolution Passed By Congress , Dopteda Comprehensive Fiscal Strategy For The Entire Term Of An Administration Last Week , He Senate Adopteda Resolution Supporting The Marcos Administration 39s 2022 2028 Mtff Which Seeks Alignment Of All Economic Recovery Programs And Legislative Priorities Pangandaman Thanked Lawmakers For Their Commitment To Ensuring That Agenda Would Be Guided By Targets Set In Fiscal Framework Quot It Is Encouraging See Congress United With Our Objectives Nation We Commend On Adoption Both House Representatives Respective Resolutions Backing , Uot She Said Under The Framework , He Government Aims To Achieve 6 5 7 Percent Gross Domestic Product Gdp Growth In 2022 9 Or Single Digit Poverty Rate By 2028 3 National Deficit Ratio , Nd Less Than 60 Percent National Government Debt To Gdp Ratio By 2025 , Angandaman Noted Quot It Is With These Objectives In Mind That We Have Designed Our National Expenditure Program Nep , Uot She Said Pangandaman Thanked Congress For Recognizing The Importance Ofa Fiscal Consolidation And Resource Mobilization Plan , Ncluding Measures Such As Rightsizing Government Structures And Personnel The Mtff Shall Serve Country 39s Blueprint , Pecifically For The Fiscal Deficit Reduction ,