The government has targeted a deficit of 3.3 per cent of GDP in 2027, marking a gradual pace of consolidation from the revised 2026 target of 3.6 per cent and 3.5 per cent previously
Revenue growth, private-sector participation and tighter fiscal controls will underpin the government’s spending plans, as it targets a lower deficit despite rising fuel subsidy costs
The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period
