US EditionMarcos signs P6.79-T budget, vetoes P92.5B in unprogrammed funds - BusinessWorld Online
President Marcos vetoed P92.5 billion in unprogrammed funds to ensure fiscal responsibility amid heightened scrutiny, with education receiving the largest allocation at P1.35 trillion, officials said.
- On Monday, President Ferdinand R. Marcos Jr. signed the P6.792-trillion national budget at Malacañang and vetoed almost P92.5 billion in unprogrammed appropriations to align spending with national priorities.
- Following delays that left the country under a reenacted budget until Jan. 4, Mr. Marcos said heightened scrutiny prompted a tighter review of appropriations by the DBM.
- Education received the largest allocation at P1.35 trillion with almost 33,000 teaching positions and about 25,000 classrooms, while health spending rises to P448.1 billion and agriculture gets P297.1 billion.
- After the veto, total unprogrammed appropriations fell to P150.5 billion from P243 billion, and the Department of Budget and Management said this underscores fiscal responsibility with careful validation of future releases.
- That tension between flexibility and oversight reflects unprogrammed appropriations' emergency purpose amid fiscal oversight and accountability concerns, while Ferdinand R. Marcos Jr., President, vowed safeguards align with national priorities.
15 Articles
15 Articles
Marcos signs ₱6.793-trillion national budget, the largest in Philippine history - Asian Journal News
President Ferdinand Marcos Jr. signs the 2026 General Appropriations Act into law at Malacañang Palace, as members of the Cabinet and other officials look on. - Photo credit: Presidential Communications Office (PCO) The 2026 spending law bars lawmakers from participating in aid distribution and trims unprogrammed funds, as the administration frames the budget as a response to economic, climate, and governance pressures. MANILA,…
Marcos vetoes 7 of 10 unprogrammed items
MANILA, Philippines — President Ferdinand Marcos Jr. on Monday signed the P6.793-trillion national budget for 2026 but vetoed seven of 10 unprogrammed appropriations (UAs), or P92.5 billion of UAs totaling P243.4 billion. With the veto, UAs in the 2026 General Appropriations Act (GAA) were trimmed down to P150.9 billion, the lowest such appropriations since 2019. […]...Keep on reading: Marcos vetoes 7 of 10 unprogrammed items
Education gets P1.35 trillion budget, highest ever
Following the signing of the 2026 budget yesterday, Education Secretary Sonny Angara thanked President Marcos for allocating a record P1.35 trillion to the education sector, equivalent to 4.4 percent of the country’s gross domestic product.
Marcos signs 2026 budget: Vetoes, promises, challenges
MANILA, Philippines – In a quick ceremony in Malacañang Palace on Monday, January 5, President Ferdinand Marcos Jr. signs the 2026 national budget into law. It’s the first budget under his administration to be signed this late. It’s also the first that’s backdropped by a flood control scandal that’s rattled his administration. Can and will the President fulfill his New Year promises? Rappler’s Bea Cupin gives an update from Malacañang Palace. –…
Marcos vows tighter 'anti-epal’ rules in 2026 budget
President Ferdinand “Bongbong” Marcos Jr. on Monday said the government will “strictly implement” the provision in the 2026 national budget that bars politicians from distributing cash and other forms of financial assistance.
Coverage Details
Bias Distribution
- 56% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
