Marcos Vetoes P92.5-Billion in Unprogrammed Funds in 2026 Budget - BusinessWorld Online

Marcos vetoes P92.5-billion in unprogrammed funds in 2026 budget - BusinessWorld Online

By Chloe Mari A. Hufana, Reporter PHILIPPINE President Ferdinand R. Marcos, Jr. on Monday signed this year’s P6.793-trillion national budget but vetoed around P92 billion worth of unprogrammed appropriations amid heightened scrutiny over public spending as authorities probe a graft scandal. During the signing of Republic Act No. 12314 or the 2026 General Appropriations Act in Malacañang, Mr. Marcos said the veto aims to ensure public funds are s…

HEADLINES: Marcos signs P6.79T budget but vetoes P92.5B in standby funds | Jan. 6, 2026

HEADLINES: Marcos signs P6.79T budget but vetoes P92.5B in standby funds | Jan. 6, 2026

Philippines approves U$115 billion budget, slashes ‘back door’ allocations

Marcos used his veto powers to cut unprogrammed appropriations, historically prone to corruption, to their lowest level since 2019.

Marcos vetoes P92.5-B unprogrammed funds in 2026 budget

President Ferdinand “Bongbong” Marcos Jr. said Monday that he vetoed nearly P92.5-billion worth of line items under the unprogrammed appropriations in the 2026 General Appropriations Act.

Marcos to sign 2026 national budget today

President Marcos will sign today the 2026 General Appropriations Act after conducting a thorough review of the Congress-approved P6.793-trillion national budget, which critics say has several questionable items.

DEPED TO MAXIMIZE USE OF HISTORIC BUDGET FOR 2026

To ensure the continuity of reforms in education, the Department of Education (DepEd) vowed to maximize the historic budget in its sector after President Ferdinand Marcos Jr. signed into law the P6.79 trillion 2026 General Apppropriations Act (GAA). This marks the first time the Philippines reached the United Nations Educational, Scientific and Cultural Organization (UNESCO) benchmark for education spending. “The 2026 national budget shall sust…