A military and uniformed personnel (MUP) reform has not made the cut for the priority legislation of President Ferdinand Marcos Jr.’s three remaining years, as enacting changes would entail higher costs. “I think the reform will be more costly at this point in time,” Finance Secretary Ralph...
Budget Secretary Amenah F. Pangandaman has assured that big-ticket foreign-assisted programs and projects will no longer suffer from delays, given the budget cover included in the proposed 2026 spending plan of the national government. For its part, aid agency Japan International Cooperation Agency...
The government has proposed a ₱31-billion National Disaster Risk Reduction and Management Fund (NDRRMF) or calamity fund for 2026, nearly 50-percent higher than this year’s allocation. According to the National Expenditure Program (NEP) for fiscal year (FY) 2026, the proposed calamity...
While the proposed 2026 national budget increased by more than seven percent, confidential and intelligence funds (CIF) were slashed by 11.2 percent, or ₱1.35 billion, from the existing national budget. Budget Secretary Amenah Pangandaman reported during the ceremonial turnover of the fiscal year...
PAMPANGA — Purely without budget insertions, next year’s funding for flood mitigation projects could face a massive budget reduction, according to the Department of Budget and Management (DBM). During her inspection of flood-affected roads and flood-mitigation structures in Pampanga on Monday,...
Budget Secretary Amenah Pangandaman cautioned on Tuesday, July 29, that government projects may face paralysis next year should President Ferdinand Marcos Jr. veto a Congress-approved national budget that deviates from his administration 's priorities. While Finance Secretary Ralph G. Recto...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has assured the public that the Marcos administration has sufficient funds to address the needs of areas affected by recent flooding and the expected typhoons that may hit the country. Pangandaman said in a July 24 statement...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Every child holds a promise for the future of our country. To reach their full potential and be productive members of society, they must be given a fair start in a nurturing, safe, and secure environment — not only to survive but to...
Despite limited resources, the Cabinet-level Development Budget Coordination Committee (DBCC) has approved a record-high national budget for next year at ₱6.79 trillion, with a focus on social services. Next year’s record-high budget would support sustained delivery of public goods and services...
The Marcos administration, through the Department of Budget and Management (DBM), has already set its national budget priorities for 2026 based on the government’s medium-term development plan. Given the country’s “limited fiscal space,” new budget proposals will be evaluated based on their...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. expects President Ferdinand Marcos Jr. to reject the resignations of the economic team, arguing that the President’s dissatisfaction was not directed at the team, which he says operates very professionally. This came after the...
The influential Makati Business Club (MBC) is calling for the retention of the administration’s economic managers and other “ efficient ” department heads following President Ferdinand “Bongbong” Marcos Jr.’s call for all of his Cabinet Secretaries to resign. Marcos announced on...
