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House OKs P7.2-T budget amid criticism of spending changes - BusinessWorld Online

  • On Monday, the Philippine House of Representatives approved the proposed P7.2-trillion 2027 national budget with 282 votes in favor, advancing the spending plan to the Senate with P1.10 trillion allocated for education.
  • Opposition lawmakers criticized the budget, alleging it prioritizes 'pork' over essential services; Caloocan Representative Edgar Erice said the bill 'rewards political allies, penalizes critics and protects political interests.'
  • House Speaker Faustino 'Bojie' Dy III defended the process as 'transparent,' citing the Budget Amendments Review SubCommittee and highlighting P10 billion allocated for farmers facing 'Super El Niño.'
  • Lawmakers realigned P130 billion from foreign-assisted projects including the Metro Manila Subway, prompting Akbayan Party List Representative Leila de Lima to warn that such cuts 'make room for pork' and undermine the financing plan.
  • The bill now proceeds to the Senate, where Senate President Sherwin T. Gatchalian targets November 9 to begin plenary deliberations and reconcile the chamber's version before final submission to the President.
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GMA Filipino News broke the news in Quezon City, Philippines (the) on Monday, October 12, 2026.
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