Business Times·Politics

Philippines’ $113.5 billion budget tests fiscal discipline

Summarised by Spiced Kopi · 23 October 2026, 09:11 UTC ·9 sec listen

A Supreme Court ruling is forcing the Philippine government to reconsider how Congress controls public spending, putting a budget worth 113.5 billion United States dollars at the center of a wider test of fiscal discipline and the balance of power.

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