The Office of the Vice President (OVP) has formally requested a ₱785.204-million funding allocation for fiscal year 2027, reflecting an 11.7 percent reduction compared to its approved ₱889.236-million budget for 2026.
In an official statement released Wednesday, September 2, the agency confirmed that the proposed figure forms part of the 2027 National Expenditure Program (NEP) submitted by the Department of Budget and Management (DBM).
The funding is designed to cover staffing costs, operational overhead, and core initiatives that “seek to support the agency’s continuing delivery of assistance and services to its target beneficiaries nationwide.”
Despite the funding adjustment, the OVP affirmed that its frontline assistance programs will remain fully operational. Under the proposed expenditure framework, ₱220.232 million is assigned to Personnel Services (PS), ₱561.651 million to Maintenance and Other Operating Expenses (MOOE), and ₱3.321 million to Capital Outlay.
An additional ₱15.544 million is automatically set aside to fund the Retirement and Life Insurance Premium (RLIP) for regular staff.
A major portion of the operational outlay will be directed straight to community aid. Out of the total MOOE allocation, ₱193.103 million is designated for purchasing relief supplies and funding livelihood grants through the MagNegosyo Ta ‘Day program alongside other service-oriented ventures.
Key flagship programs slated for continued rollout in 2027 include:
- Pagbabago Campaign: Targeting 150,000 learners
- Libreng Sakay: Aiming to serve 1.2 million commuters
- R.I.I.C.E. Food Bags & Disaster Operations: Reaching 53,000 combined individuals and families
- Specialized Assistance: Covering KALUSUGAN Food Trucks, wheelchair distribution, Al-Janazah kits, and the You Can Be VP initiative.
Addressing fiscal performance, the OVP highlighted an average utilization rate exceeding 90 percent over past cycles.
As of June 30, the office logged a 43.07 percent obligation rate, outperforming its 41 percent benchmark for the period, and expressed confidence in executing the rest of its 2026 funding.
“The OVP remains committed to ensuring that available public funds are directed toward essential services and programs that provide meaningful assistance to Filipinos, while maintaining prudent and responsible spending in the implementation of its mandate,” the agency stated.