Marcos signs P6.79-trillion 2026 national budget

Nation

by Luwela Amor05 January 2026

Photo courtesy: RTVM

President Ferdinand “Bongbong” Marcos Jr. on Monday signed into law the proposed P6.793-trillion national budget for fiscal year 2026.

The ceremonial signing took place at the Ceremonial Hall of Malacañang Palace. It was witnessed by Executive Secretary Ralph Recto, Finance Secretary Frederick Go, Department of Budget and Management (DBM) Acting Secretary Rolando Toledo, Department of Economy, Planning, and Development (DEPDev) Arsenio Balisacan, Special Assistant to the President Anton Lagdameo, Senate President Tito Sotto, House Speaker Faustino “Bojie” Dy, and other key government officials, senators, and congressmen.

Under the 2026 national budget, the education sector received the largest allocation with P1.3 trillion, followed by the health sector with P448 billion. Agriculture was allocated P297 billion, while social services were allotted P270 billion.

Meanwhile, Marcos Jr. vetoed P92.5 billion worth of projects under unprogrammed appropriations (UA).

“We’ll not allow the UA to be used and be mistreated as a backdoor for discretionary spending… It will only be released after careful validation. We will make releases charged from the UA transparent," Marcos said.

In his speech, Marcos Jr. assured the public that the national budget is aimed at public service and will not be diverted to corruption.

"Sa ating nga kababayan, dama po namin ang inyong agam-agam at pangamba sa nakaraang budget. Kaisa niyo ako sa pagnanais na masiguro na nag bawat pisong buwis ay mapupunta sa tamang proyekto at sa tunay na pangangailangan ng ating taumbayan," the President said.

"Naririnig namin kayo. Sa national budget ng 2026 malinaw ang direksyon ng inyong pamahalaan, magiging mas masinop, mas maingat, mas responsable kami sa paggastos ng pondo ng bayan. Ang bawat programa at proyekto ay dadaan sa mas masusing pagsusuri upang masiguro na ito ay may malinaw na benepisyo sa mamamayan lalo na sa sektor na higit na nangangailangan," he added.

Earlier, Recto guaranteed that the 2026 GAA complies not only with legal and technical requirements but, more importantly, addresses the needs of the Filipino people.

Related Topics

#PresidentFerdinandMarcosJr.

#2026nationalbudget

#GAA

#GeneralAppropriationsAct(GAA)

#FrederickGo