How national budgeting worksOne of the most persistent myths in fiscal debates is that money carries memory. Once these revenues enter the National Treasury, they do not retain labels. The President later ordered the return of PhilHealth funds already in the treasury back to PhilHealth. Subsequently, the 2026 GAA allocated nearly P129.8 billion to PhilHealth, which includes the restored P60 billion transferred to the National Treasury in 2024. There are those who assert that PhilHealth funds should have remained permanently earmarked for PhilHealth.

Source: Philippine Star January 30, 2026 16:45 UTC