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Gov’t plans P1.44-trillion Q1 outlay for spending catch-up

2 February 2026
in Business
Reading Time: 3 mins read
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Gov’t plans P1.44-trillion Q1 outlay for spending catch-up
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By Aubrey Rose A. Inosante, Reporter

FINANCE SECRETARY Frederick D. Go said the government plans to spend P1.44 trillion this quarter as part of catch-up efforts to support the economy after last year’s growth slowdown.

The planned first-quarter outlay under the P6.793‑trillion national budget will help drive economic activity to meet the government’s gross domestic product (GDP) growth target, Mr. Go said at a Foreign Correspondents Association of the Philippines event on Monday.

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