• World News
  • Politics
  • Economy
  • Stock
  • Editor’s Pick
Global Trading Markets
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
Customs sees up to P12B in revenue foregone with 90-day rice import freeze
next post
Vanessa Sivadge on the consequences she faced after exposing fraud at Texas Children’s Hospital

You may also like

DoE concludes consultations on modernizing small-scale coal miners

November 3, 2025

Samsung group suppliers in PHL hoping to expand...

November 3, 2025

Game developers generate $4.87M in sales leads at...

November 3, 2025

Bridging gaps in related-party transactions: The role of...

November 3, 2025

Bond markets urged to stand ready as funding...

November 3, 2025

DPWH sees savings of P60 billion from cutting...

November 3, 2025

PAGCOR 9-month net rises 49% to P14 billion

November 3, 2025

Banana export push to focus on containing Panama...

November 3, 2025

PHL rice samples added to seed vault in...

November 3, 2025

Ilocos, W. Visayas wage boards grant domestic-worker pay...

November 3, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Watch Wayne Root Explain the Muslim Communist Takeover of America and the Latest News on Domestic Terror Organization Black Lives Matter

      November 3, 2025
    • Migrant Criminal Gangs in Sweden and Norway Are Using Teenagers for Grenade Attacks as Security Situation Deteriorates on Scandinavian Kingdoms

      November 3, 2025
    • Kash Patel Reportedly Removes San Antonio FBI Special Agent in Charge Linked to Artic Frost – Four More To Go

      November 3, 2025
    • Ex-Democrat Lawmaker Accused of Stealing THOUSANDS from Her Mother’s Helpless Elderly Boyfriend Flees the Country After Being Freed on Bail

      November 3, 2025
    • ABLECHILD: Connecticut Child Welfare Set for Collapse Under Governor Lamont’s Child Advocate Pick

      November 3, 2025
    Footer Logo
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 GlobalTradingMarkets.com All Rights Reserved.

    Global Trading Markets
    • World News
    • Politics
    • Economy
    • Stock
    • Editor’s Pick