The Department of Budget and Management (DBM) on Tuesday formally submitted to the House of Representatives the P4.506-trillion National Expenditure Program (NEP) for 2021.
With the theme “Reset, Rebound and Recover: Investing for Resiliency and Sustainability,” the proposed national budget seeks to address the health crisis and accelerate economic recovery amid the continuing threat of the coronavirus disease 2019 (Covid-19) pandemic, Budget Secretary Wendel Avisado said during the turnover ceremony at the plenary hall.
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