The Senate is open to proposals seeking to enhance transparency of the budget process by opening the bicameral deliberations to the public. Senate Secretary Renato Bantug Jr. said the bicameral conference is a joint undertaking of the Senate and the House of Representatives, so both chambers have...
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...
Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. said the government’s main tax agency’s ₱18 billion proposal for 2026 covers plans to build a tax-focused contact center and office space expansion to accommodate more taxpayers and reduce queues. “We want to improve our...
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...
The Office of the Vice President (OVP) will request for a P733-million budget for 2026, similar to its budget this year, since Congress will reject a higher proposal anyway, Vice President Sara Duterte said on Monday, June 16. During a press conference in Davao City, the official disclosed that...
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. According to the Department...
Senator-elect Panfilo “Ping” Lacson urged President Ferdinand “Bongbong” Marcos Jr. to act quickly on the pending courtesy resignations of his Cabinet members, noting that the jockeying for positions in the Cabinet has intensified. Lacson said the President should do this to avoid...
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,...
After calling on his Cabinet secretaries to resign, President Marcos challenged them to complete all projects under their agencies on time and on budget. Speaking during the presentation of two new laws—Republic Act (RA) 12145 and RA 12180—at the Malacañan Palace on Thursday, May 22, Marcos...
President Marcos will "keep an eye," not literally sit, on the 2026 budget deliberations, Malacañang clarified. Palace Press Officer and Communications Undersecretary Claire Castro said the President 's pronouncement to oversee the budget process was merely to express that "he will keep an...
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...