US EditionPH Gov't to Borrow P2.7 Trillion to Cover 2026 Fiscal Gap
House reforms include public participation and livestreaming to enhance transparency in reviewing the P6.793-trillion budget proposed for 2026, officials said.
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PH gov't to borrow P2.7 trillion to cover 2026 fiscal gap
MANILA, Philippines — The government is expected to borrow around P2.7 trillion to finance the anticipated fiscal deficit of P1.6 trillion for the 2026 national budget, the House of Representatives’ Congressional Policy and Budget Research Department (CPBRD) said in its report. CPBRD, in a series of analyses on the 2026 National Expenditures Program (NEP) released on Monday, said that under the proposed budget, P2.1 trillion will be borrowed fro…
LIVESTREAM: Marcos' economic team briefs House on P6.8-trillion proposed 2026 budget
MANILA, Philippines – The Development Budget Coordination Committee (DBCC) is set to brief the House of Representatives committee on appropriations on government financing sources, expenditure levels, and proposed budgets of departments, agencies, and corporations on Monday, August 18. The DBCC is composed of the Bangko Sentral ng Pilipinas, Department of Budget and Management, Department of Economy, Planning, and Development, and Department of …
House starts hearings on proposed P6.793-T 2026 budget
THE House of Representatives will start today, Monday, hearings on the P6.793-trillion national budget for 2026 proposed by President Ferdinand Marcos Jr.The hearings will kick off with members of the Development Budget Coordination Committee briefing the House Committee on Appropriations, a statement from the office of Speaker Ferdinand Martin Romualdez said.Budget Secretary Amenah Pangandaman, Economic Planning Secretary Arsenio Balisacan Jr.,…
Economic managers to brief House on P6.79 trillion national budget
Members of President Marcos’ economic team are set to conduct a briefing today on the proposed P6.793-trillion national budget for 2026 that was submitted to the House of Representatives for lawmakers’ scrutiny.
The new Members of the Committee on Budgets are studying the terminology and budgetary processes to intervene with greater ownership, and this trend augurs for more extensive, more technical and perhaps less clientelistic debates, with
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