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Marcos Greenlights Record P6.8-T 2026 Budget - BusinessWorld Online

PHILIPPINES, JUL 15 – The 2026 budget prioritizes social welfare, job creation, and peace with P4.3 trillion allocated to national agencies, aiming to reduce the government's deficit to 4.3% of GDP by 2028.

Summary by bworldonline.com
By Chloe Mari A. Hufana, Reporter PHILIPPINE President Ferdinand R. Marcos, Jr. on Tuesday approved the proposed P6.793-trillion national budget for 2026 that the Executive branch will submit to Congress later this month. The national expenditure program (NEP) reflects the government’s commitment to boosting education and driving inclusive economic growth, Palace Press Officer Clarissa A. Castro told a news briefing. The Department of Budget and…

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The Manila Times broke the news in Manila, Philippines on Tuesday, July 15, 2025.
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