The Office of the Vice President (OVP) is proposing a P785.204-million budget for 2027, an 11.7 percent reduction from its P889.236-million appropriated budget for 2026, aiming to continue prioritizing assistance programs for individuals, families, commuters, learners, and communities.
The proposed allocation, endorsed by the Department of Budget and Management (DBM) under the 2027 National Expenditure Program (NEP), will fund the OVP’s personnel requirements, regular operations, and priority programs nationwide.
Despite the lower allocation, the OVP said it will sustain its delivery of assistance and services to its target beneficiaries.
“The proposed 2027 budget of the agency will allow it to sustain its programs and services while meeting necessary operational requirements despite the reduction from the previous year,” the OVP said.
Of the proposed budget, P220.232 million is allocated for Personnel Services (PS), P561.651 million for Maintenance and Other Operating Expenses (MOOE), and P3.321 million for Capital Outlay.
A separate P15.544 million is automatically appropriated for the Retirement and Life Insurance Premium (RLIP) of OVP plantilla personnel.
A substantial portion of the MOOE allocation will support the OVP’s assistance and service-oriented programs. Of the P561.651-million MOOE, P193.103 million is earmarked for the procurement of goods and livelihood assistance grants under the OVP’s MagNegosyo Ta ‘Day program, along with other assistance initiatives.
The proposed 2027 funding will also support the Pagbabago Campaign, which targets 150,000 learners; Disaster Operations, targeting 23,000 individuals and families; and R.I.I.C.E. Food Bags, which aims to assist 30,000 individuals and families.
The OVP will likewise continue Libreng Sakay, with a target of 1.2 million commuters, as well as the KALUSUGAN Food Truck and Disaster Operations, Wheelchair Distribution, Al-Janazah Kits and Other Supplies, and You Can Be VP Program.
The agency also cited its budget utilization performance, noting that it has maintained an average utilization rate of more than 90 percent in recent years.
As of June 30, the OVP had recorded a 43.07 percent obligation rate for its 2026 budget, surpassing its 41-percent target for the period as it continued implementing its programs and services.
The OVP said the proposed 2027 budget reflects its commitment to ensuring that public funds are directed toward essential services and programs that provide meaningful assistance to Filipinos.
It also emphasized its commitment to “prudent and responsible spending” in implementing its mandate, despite the reduction in its proposed allocation for next year.
