depdev eyes p173b
|

DEPDev eyes P17.3-B 2027 budget led by PSA’s household census, National ID

MANILA, Philippines – The Marcos administration is proposing a P17.27-billion spending program for the Department of Economy, Planning, and Development (DEPDev) and its attached agencies in 2027, nearly 25% higher than the 2026 budget.

Of the P17.27-billion spending program, P16.92 billion consists of new appropriations that Congress is being asked to approve, while another P346.41 million comes from automatic appropriations, including retirement and life insurance premiums and special accounts.

The bulk of the increase would go to the Philippine Statistics Authority (PSA), while the Public-Private Partnership (PPP) Center would see one of the steepest reductions.

The proposed total appropriations of DEPDev and its attached agencies are:

  • Philippine Statistics Authority: P13.03 billion, up 46.3% from P8.91 billion in 2026
  • DEPDev Office of the Secretary: P2.72 billion, down 3.2% from P2.81 billion
  • Commission on Population and Development: P603.10 million, down 15.7% from P715.54 million
  • Public-Private Partnership Center: P586.38 million, down 50.4% from P1.18 billion
  • Philippine Statistical Research and Training Institute: P163.45 million, up 1.1% from P161.64 million
  • Tariff Commission: P118.20 million, down 11.7% from P133.81 million
  • Philippine National Volunteer Service Coordinating Agency: P38.29 million, down 6.6% from P40.98 million
PSA drives the increase

The surge is concentrated in specific projects rather than the PSA’s recurring programs. Funding classified by the budget as locally funded projects nearly doubles to P8.46 billion in 2027 from P4.38 billion this year, while spending on its regular programs and operations rises only slightly to P4.58 billion from P4.53 billion.

Much of the increase in the PSA’s budget is tied to the next round of the Community-Based Monitoring System (CBMS). The biggest item is P5.06 billion for the generation and compilation of community-based statistics, the budget line used for CBMS. This comes as the PSA prepares for the synchronized nationwide 2027 CBMS, a household-level data collection exercise conducted every three years under the Community-Based Monitoring System Act.

The data are used by national and local governments for poverty analysis, identifying beneficiaries, allocating resources, and designing social and development programs. PSA offices have begun coordinating preparations with local government units (LGUs), with data collection projected to start in May 2027.

Of the P5.06-billion allocation, the vast majority (P4.94 billion) goes to operating expenses, which can cover costs such as temporary field personnel, training, and other expenses involved in nationwide data collection. Another P121.77 million is set for capital outlays.

Overall, the PSA’s National Statistics Development Program is proposed to receive P7.66 billion in 2027. The agency plans to conduct 34 surveys and censuses, up from 29 targeted this year, while raising its target for surveys and censuses completed within their prescribed timelines to 90% from 80%.

Other notable statistical activities include P266.88 million for the Family Income and Expenditure Survey (FIES) and P277.74 million for the development and enhancement of statistical frames integrating geospatial information, although both are far smaller than the CBMS allocation.

Meanwhile, the National ID gets another P2.37 billion allocated under the Philippine Identification System (PhilSys) as a locally-funded project. For 2027, the PSA aims to maintain 500 fixed and LGU-based PhilSys centers and issue 15 million new physical National ID cards, up from a target of 9.32 million this year.

The increased funding comes as the PSA continues to expand the use of the National ID beyond the physical card. As of June 30, more than 92.8 million Filipinos had already been issued National ID numbers with verifiable credentials, while 91.8 million could access their digital National ID through the eGov app, according to PSA officials. – Rappler.com

Must Read

Opening a bank account is now easier for National ID holders


Opening a bank account is now easier for National ID holders

Similar Posts

  • | | |

    Pakistan seeks strategic economic ties with Saudi …

    ISLAMABAD: Prime Minister Shehbaz Sharif has expressed Pakistan’s desire to transform its longstanding relationship with Saudi Arabia into a mutually beneficial strategic economic partnership, in line with the vision of Saudi Crown Prince and Prime Minister Mohammed bin Salman. The Prime Minister made the remarks during a meeting with a high-level Saudi business delegation headed by Prince Mansour bin Mohammad Al Saud, Chairman of the Saudi-Pak Joint Business Council, at the Prime Minister’s House in Islamabad. During the meeting, Prime Minister Shehbaz conveyed his regards to Saudi King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman. He highlighted the deep-rooted brotherly relations between the two countries and stressed the need to expand bilateral trade, investment and economic cooperation. The prime minister expressed hope that Prince Mansour’s latest visit would build upon earlier discussions and lead to the signing of memoranda of understanding and agreements in several sectors. He described the current period as an ideal opportunity to strengthen cooperation through both government-to-government and business-to-business partnerships. The Saudi delegation showed interest in investment opportunities across a wide range of sectors, including agriculture, ports, highways, airport outsourcing, real estate, energy, power distribution and information technology. Prime Minister Shehbaz welcomed the proposals and assured the delegation of Pakistan’s support for mutually beneficial investment ventures. Prince Mansour thanked the prime minister for the warm reception and reaffirmed the Saudi government’s and business community’s commitment to expanding business-to-business ties with Pakistan. During its visit, the delegation is also scheduled to hold meetings with senior government officials and representatives of the private sector. PM Condemns Pishin Terrorist Attack Meanwhile, Prime Minister Shehbaz Sharif strongly condemned the terrorist attack on labourers working on a road construction project in the Suranan area of Pishin district. The prime minister expressed sorrow over the loss of lives and extended condolences to the families of the victims. He denounced the targeting of hardworking citizens as a cowardly act and reaffirmed the government’s determination to combat terrorism. He stressed that the nation remained united against terrorism and that terrorists and their facilitators would not be permitted to undermine peace and stability in the country. The prime minister also prayed for the departed souls and for strength and patience for the bereaved families.

  • | | |

    Wheat imports spark farmer anger

    The federal government’s decision to import one million tonnes of wheat has sparked strong criticism from farmers and agricultural experts. The move has raised concerns about Pakistan’s food policy and the country’s continued dependence on imported grain despite being a major wheat producer. Pakistan produces around 31 million tonnes of wheat annually. The crop covers nearly 40 per cent of the country’s cultivated area and remains a major part of the daily diet of millions of people. Punjab is the country’s largest wheat-producing province and contributes almost three-fourths of national production. Farmers and experts say the issue is not simply about wheat availability. They believe repeated imports are linked to weak planning, inaccurate crop estimates, poor storage facilities, post-harvest losses and inconsistent government policies. Population growth and changing weather patterns have also increased pressure on the wheat supply chain. Farmer organisations have strongly opposed the import decision. They say local growers are still struggling to sell their recently harvested wheat. Many farmers claim they are receiving prices below their production costs after spending heavily on seeds, fertiliser, pesticides, diesel and electricity. Growers fear that imported wheat could further reduce local prices. They argue that the government should first ensure that locally produced wheat is purchased at fair rates before turning to international markets. The controversy has also highlighted changes in Pakistan’s wheat procurement system. Under wider economic reforms linked to the International Monetary Fund programme, successive governments have reduced state intervention in agricultural markets. The aim is to limit government losses and encourage greater private-sector participation. The IMF has not directly ordered Pakistan to stop purchasing wheat from farmers. However, governments have moved away from the traditional procurement and support price system. Provincial authorities have also reduced wheat purchases, leaving farmers increasingly dependent on private traders. Farmers say the transition has not been properly managed. They argue that private buyers now have greater influence over prices because of weak market regulation. This has forced some growers to sell their wheat below production costs.

  • | | |

    Gold prices rise further in Pakistan as global rat…

      KARACHI: Gold prices in Pakistan continued their upward trend on Monday, with the price of gold per tola increasing by Rs2,000, according to the All Pakistan Sarafa Gems and Jewellers Association. Following the latest increase, the price of one tola of gold reached Rs461,936 in the domestic market. The latest rise comes amid an increase in international gold prices, which have also strengthened in the global market. According to the association, the price of 10 grams of gold increased by Rs1,715, bringing the rate to Rs396,035. The continued rise in gold prices is likely to keep the precious metal attractive for investors and buyers who traditionally consider gold a store of value during periods of economic uncertainty. In the international market, gold prices also recorded an increase. The price of gold rose by $20 per ounce to reach $4,395 per ounce. The latest movement in domestic gold prices reflects the influence of international bullion rates, while local market conditions and currency fluctuations can also affect the price of gold in Pakistan. Gold remains one of the most widely followed commodities in the country, particularly among investors, jewellery buyers and households that use the precious metal as a form of savings. Changes in gold prices can therefore have a direct impact on consumers, particularly those planning to purchase jewellery for weddings and other important occasions. The increase of Rs2,000 per tola means that buyers will now have to pay more for the same quantity of gold compared with the previous rate. Similarly, the rise in the 10-gram price indicates continued upward pressure on the domestic bullion market. The international increase of $20 per ounce has also contributed to the positive movement in local prices. Global gold rates are closely watched by Pakistani traders because changes in international bullion prices can influence domestic market rates. Gold prices around the world are affected by several factors, including investor demand, inflation expectations, currency movements, interest rates, geopolitical developments and uncertainty in global financial markets. During periods of economic or political instability, investors often turn toward gold because it is traditionally regarded as a relatively safe asset. For Pakistani consumers, movements in gold prices can be particularly significant because jewellery represents an important form of household wealth and savings. A sustained increase in prices can make gold purchases more expensive, while existing gold holders may benefit from higher market valuations. Market participants are likely to continue monitoring international bullion prices as well as developments in the domestic currency market to determine the direction of gold prices in Pakistan in the coming days. The latest figures show that gold continues to trade at historically elevated levels in both domestic and international markets. With the international price now standing at $4,395 per ounce, any further movement in global rates could have an impact on prices in Pakistan. For now, the domestic market has recorded another increase, with one tola of gold priced at Rs461,936 and 10 grams at Rs396,035. Investors, jewellery traders and consumers will be closely watching the market for further changes, particularly as fluctuations in international gold prices and currency rates continue to influence the local bullion market.

  • | | | | | | | |

    [Vantage Point] The fire Marcos started, and the signature at the bottom

    Suitcase testimony can explain the mechanics, but bank records, property purchases, foreign-exchange transactions, corporate ownership, and communications must supply corroboration

  • | |

    PSX closes higher despite volatile trading

      The Pakistan Stock Exchange (PSX) witnessed a positive trading session on Tuesday, with the benchmark KSE-100 Index gaining 1,116 points to close at 177,083 points. The index remained volatile throughout the trading session and moved within a range of 1,755 points. It reached an intraday high of 178,768 points before easing from its peak as investors adjusted their positions. Trading activity remained strong, with approximately 710 million shares changing hands in 25 billion rupees worth of transactions. The high trading volume reflected continued investor participation and active buying and selling across various sectors. Despite the rise in the benchmark index, the overall market capitalisation declined by around 120 billion rupees, falling to 19,833 billion rupees by the end of the session. The market’s performance reflected a mixed trend, as investors continued to monitor economic developments and market conditions while actively repositioning their portfolios.

Leave a Reply

Your email address will not be published. Required fields are marked *