The government is looking to include 4,240 priority programs and projects (PAPs), with an investment requirement totaling about ₱4.71 trillion, in the 2026 national budget proposal to sustain public investments—especially in infrastructure and regional development.
₱4.71-trillion allotment for Marcos administration's public investments eyed in 2026 budget proposal
According to the Department of Economy, Planning, and Development (DEPDev), the latest update to the Public Investment Program (PIP) 2023-2028, as of March 2025, showed that 55 government offices and 225 attached agencies are seeking funding of as much as ₱19.7 trillion for 5,538 PAPs deemed as priorities of the Marcos Jr. administration.
The six-year PIP, tweaked every year ahead of national budget preparations for the succeeding year, contains the rolling list of PAPs to be implemented by the national government, government-owned and/or -controlled corporations (GOCCs), and other national government offices during the medium term, coinciding with the current President's term in office.
For 2026, the updated PIP aims to roll out the said 4,240 PAPs, of which the implementation of 930 PAPs is already ongoing, DEPDev said. Belonging to the so-called Tier 1 of budget proposal, these ongoing PAPs need funding totaling ₱3.19 trillion.
The smaller portion of next year's PAPs would belong to 3,310 new and expansion initiatives belonging to Tier 2, with a total investment requirement of ₱1.52 trillion.
The new and expansion PAPs, however, "shall be subject to availability of fiscal space," DEPDev said.
The Cabinet-level, interagency Development Budget Coordination Committee (DBCC) has yet to finalize the ceiling for the 2026 budget proposal, although it is expected to exceed this year's ₱6.352-trillion appropriations and reach a new record high.
"The Expand and Upgrade Infrastructure chapter continues to have the largest share in investment targets across all 19 chapters of the PIP, amounting to ₱13.82 trillion with 2,539 priority PAPs for 2023 to 2028, and remains in line with the Marcos administration's commitment to prioritize infrastructure projects," DEPDev said.
The current administration's Build Better More (BBM) program is a follow-through to the previous Duterte administration's ambitious Build, Build, Build program, aimed at modernizing the country's infrastructure after many years of neglect. Investors often cite the lack of infrastructure as a major hurdle to the ease of doing business in the country.
In the updated PIP, investments in education, livable communities, and social protection entail a total investment of ₱3.54 trillion across 873 PAPs, DEPDev said.
Agriculture and agribusiness modernization, meanwhile, needs ₱952.45 billion in investments across 410 PAPs, it added.
"The PIP also includes 174 agency regional-national investment programs and projects (ARNIPAPs) endorsed by the 12 agencies following the agreements with the Regional Development Councils (RDCs) during the second regional-national investment programming (RNIP) dialogue conducted [in] August 2024. DEPDev shall be monitoring the inclusion of these ARNIPAPs in the FY [fiscal year] 2026 budget," it said.
DEPDev explained that while the PIP 2023-2028 covers only programs and standalone projects, the updating cycle for 2026 budget preparation saw agencies submit 185 ARNIPAPs, or sub-projects.
The 12 original pilot national government agencies (NGAs) for ARNIPAPs are the departments of Agriculture (DA), Education (DepEd), Environment and Natural Resources (DENR), Human Settlements and Urban Development (DHSUD), Information and Communications Technology (DICT), the Interior and Local Government (DILG), Energy (DOE), Health (DOH), Science and Technology (DOST), Transportation (DOTr), Social Welfare and Development (DSWD), as well as Public Works and Highways (DPWH).
DEPDev explained that these 12 NGAs "had the highest region-specific investment targets in the formulated PIP 2023-2028," hence were recommended by the regional offices of the National Economic and Development Authority (NEDA), DEPDev's forerunner.
"However, with the transfer of the National Irrigation Administration (NIA) from the DA to the Office of the President [in] September 2024, the total number of RNIP participating agencies is increased to 13," DEPDev said.