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Wednesday, September 16, 2026

2027 budget: Tinio flags ‘massive’ deficit spending

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MANILA, Philippines — Deputy Minority Leader and ACT Teachers Rep. Antonio Tinio on Wednesday warned that nearly a quarter of the 2027 spending program would be funded through borrowing. Tinio said the debt-funded share in 2027 would amount to P1.69 trillion, which is 24 percent,

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