Tag: national budget
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Marcos Signs P6.793 Trillion 2026 Budget, Vetoes P92.5 Billion Unprogrammed Funds
Overview: A Big Budget with Guardrails President Ferdinand Marcos Jr. has signed the national budget for 2026 totaling P6.793 trillion, signaling a renewed commitment to tighter control over state funds after criticism of last year’s spending. The signing comes with a set of guardrails designed to prevent funds from slipping into unprogrammed or non-essential programs…
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Marcos Signs P6.793 Trillion 2026 Budget, Vetoes Unprogrammed Funds amid Push for Greater Fiscal Discipline
Overview: A Bold Fiscal Move for 2026 President Ferdinand “Bongbong” Marcos Jr. has signed the national budget for 2026, totaling a hefty P6.793 trillion. The signing marks a critical turning point in the administration’s effort to stamp out wasteful spending while maintaining essential support for vulnerable sectors. The president’s decision to veto P92.5 billion in…
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Palace Declares 2026 Budget Near Final Review Before Signing
Philippines 2026 Budget Approaches Final Approval The Marcos administration is nearing the completion of a meticulous review of the 2026 national budget, a P6.793-trillion plan that Congress approved earlier this year. With the deadline for enactment approaching, Malacañang confirms that the President and his Cabinet are finalizing line-item details, ensuring funds align with policy priorities…
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Bicam Report on 2026 Budget Signed; Ratification Now Next Step
Overview: A Milestone in the 2026 Budget Process The bicameral conference committee report on the disagreeing provisions of the 2026 national budget was finalized on Sunday, December 28, after representatives from the House of Representatives and the Senate signed the document. This milestone brings the government closer to a formal budget framework for the next…