Reelected Senator Imee Marcos on Tuesday, May 27 said the newly established Department of Economic Planning and Development (DEPDev) must take the lead in crafting the proposed 2026 national budget, not Congress. Formerly known as the National Economic and Development Authority (NEDA), DEPDev,...
The President has no role to be an observer in the deliberations of the national budget, Senate deputy minority leader Senator Risa Hontiveros said. Hontiveros pointed this out as she opposed President Ferdinand “Bongbong” Marcos Jr.’s prospective role as an observer during the bicameral...
As government agencies aggressively push for numerous projects and programs, the Department of Budget and Management (DBM) reported on Monday, May 19, that budget proposals for next year have ballooned to ₱11 trillion, surpassing this year’s ₱9.2 trillion worth of funding requests. Many...