Palace Speaks on Christmas Holidays of Marcos Jr. amid Budget Process MARCOS JR. – The Palace said the President will spend the Christmas Holidays working, mainly reviewing the P6.7-trillion national budget for 2026. Previously, President Bongbong Marcos admitted that his Christmas wish is a “good budget” for the country for 2026. The National Expenditure Program … Read more
Statement of Malacañang on Dizon’s Request to Bicam for Budget Restoration Malacañang broke its silence on the request of Department of Public Works and Highways (DPWH) chief Vince Dizon to restore P45 billion of its cut budget for 2026. The Bicameral Conference Committee has started discussing the 2026 national budget. During the bicam, DPWH Chief … Read more
Sen. Imee Marcos Reacts To DPWH Chief Vince Dizon’s Request to Bicam IMEE MARCOS – The presidential sister and Senator slammed Department of Public Works and Highways (DPWH) chief Vince Dizon over the request to restore the agency’s budget. The bicameral conference committee has started discussing the 2026 proposed budget. However, the recent move of … Read more
Chief of DPWH Asks Trust of Bicam amid Budget Process DPWH – Department of Public Works and Highways Secretary Vince Dizon seeks back the cut portion from the proposed budget of the agency for 2026. Amid the flood control mess in the Philippines, there was a change in the leadership in the Department of Public … Read more
Sen. Jinggoy Estrada Not Part of Bicam JINGGOY ESTRADA – The Minority Senator withdrew from being a member of the bicameral conference committee amid the 2026 budget process. The Senate and the House of Representatives are currently on the process of passing the 2026 national budget. The upper chamber recently passed the fund for next … Read more
Senate OKs 2026 budget of VP Sara Duterte in just a matter of minutes. VP SARA DUTERTE – The Senate approved the Office of the Vice President’s proposed 2026 budget in just minutes. On Thursday, the Senate restored the amount of the Office of the Vice President’s 2026 budget to PHP 889 million. This is the original amount … Read more
Finance Secretary Ralph Recto has this warning. Reducing the value-added tax (VAT) rate to 10 percent from 12 percent would have this consequence, according to Finance Secretary Ralph Recto. Lowering the VAT rate from 12% to 10% may sound attractive, but the Department of Finance (DOF) cautions that it could greatly affect government revenues, fiscal stability, … Read more