Marcos: Scrapping flood control fund doesn't mean we're giving up infra
President Ferdinand R. Marcos Jr. leads the inspection of a riverwall in Barangay Piel, Baliuag, Bulacan which was tagged as a 'ghost project.' (Mark Balmores)
While President Marcos has scrapped next year's budget for flood control projects, it does not mean that his administration has given up on infrastructure.
Marcos pointed out that the government cannot stop from implementing infrastructure projects as doing so would mean stopping the country's economic growth.
"It's basically because of the no flood-control projects for 2026. So, that's where we got that number," he said, referring to the P255.5-billion flood control budget.
"It does not mean that we have given up completely on infrastructure because we cannot. We cannot. If we stop that, we'll stop the economy, basically," the President stressed in an interview with Manila Bulletin’s “The Sit Down" aired on Oct. 6.
The P255.5-billion initially allocated for flood-control projects would be transferred to priority programs in education, health, and agriculture.
According to Marcos, P26 billion will be allocated to the Department of Education (DepEd), specifically for the building classrooms; P29 billion will be put to the Department of Health (DOH) for medical assistance and completion of specialty hospitals; P60 billion for Philippine Health Insurance Corporation (PhilHealth) to expand its coverage; and over P39 billion will go to the Department of Agriculture (DA).
Marcos made the order to realign the flood control budget to other programs amid the discovery of alleged anomalies in public works, particularly ghost or substandard flood control projects worth billions of pesos.
The Sit Down is an in-depth interview video podcast that brings audiences closer to the most influential voices in the country and beyond. Episodes can be accessed via The Manila Bulletin's YouTube and Spotify channels.