Marcos signs P6.793 trillion national budget for 2026President Marcos is joined by Cabinet members and lawmakers, led by Executive Secretary Ralph Recto, Senate President Tito Sotto and Speaker Faustino Dy III, after signing the 2026 national budget at Malacañang on January 5, 2026. Marcos vetoed P92.5 billion worth of unprogrammed appropriations, leaving P150.9 billion – a figure critics still deem too high. Unprogrammed fundsOnly three of the 10 items under unprogrammed appropriations were retained in the 2026 budget. Reform agendaMarcos said the 2026 budget is a vital component of the administration’s medium-term development plan and its sweeping reforms in politics and governance. For his part, Speaker Faustino Dy III commended the signing of the 2026 national budget, vowing to exercise the lower chamber’s congressional oversight mandate.

Source: Philippine Star January 05, 2026 20:31 UTC