Malaysia Opens Final LSS6 Bidding Window For Standalone Solar Package

Package 3’s bidding window closes August 28, marking the final stage of Malaysia’s LSS6 solar program.

PLN Advances Plan To Cut Business Entities From 44 To 23

PLN’s entity reduction plan ties into broader efforts to simplify decision-making across major Indonesian SOEs.

Meralco Cuts August Rate By PHP0.0428 Per KWH On ERC-Ordered Refund

Meralco’s August rate falls to P14.7833 per kWh as an ERC-ordered refund offsets rising pass-through charges.

DOE Seeks ‘Tougher’ Stance In Energy Governance To Protect Consumers

The department is pressing generation companies to comply with reporting rules as part of efforts to strengthen energy sector governance.
SEND TO: pressreleases@pageonemedia.ph

House Begins Deliberations On Proposed PHP6.793 Trillion 2026 National Budget

Ang Mababang Kapulungan ay opisyal nang nagsimula ng deliberasyon sa panukalang 2026 pambansang badyet na nagkakahalaga ng PHP6.793 trilyon.

House Begins Deliberations On Proposed PHP6.793 Trillion 2026 National Budget

1,942
1,942

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

The House of Representatives on Monday formally started the deliberations on the PHP6.793-trillion proposed national budget for 2026.

Speaker Ferdinand Martin Romualdez vowed that the House would closely scrutinize the proposed National Expenditure Program (NEP) transmitted by the Department of Budget Management to Congress on Aug. 14.

“Bawat piso ay may pinaglalaanan, at bawat gastusin ay dapat may pakinabang sa tao (Every peso has a purpose, and every expense must benefit the person),” Romualdez told members of the Development Budget Coordination Committee (DBCC) at the start of the House briefings on next year’s outlay.

Four DBCC members briefed the House appropriations committee, chaired by Nueva Ecija Rep. Mika Suansing on the proposed national budget approved by President Ferdinand R. Marcos Jr. on July 15.

The DBCC members present were Budget Secretary Amenah Pangandaman, Finance Secretary Ralph Recto, Economic Planning Secretary Arsenio Balisacan Jr., and Bangko Sentral ng Pilipinas Gov. Eli Remolona Jr.

“To our partners in the Executive Branch, allow me to be clear: we will scrutinize, we will question, we will deliberate thoroughly. But we will do so not as adversaries, but as allies united by a shared purpose,” Romualdez said.

He said the House budget hearings are not just “a routine in fiscal exercise.”

“It is where the lifeblood of our nation —the people’s money— is measured against the people’s needs. Here, in this august chamber, we commence the critical work of transforming vision into action, and action into lasting progress,” he added.

Romualdez informed DBCC members, who are also part of the President’s economic team, that the House “has opened its doors wider than ever before.”

“We ended the practice of the ‘small committee’. We welcomed civil society observers. Because the Filipino people deserve full transparency in how their hard-earned money is planned, allocated, and spent,” he said.

The 2026 NEP, anchored on the theme, “Agenda for Prosperity: Nurturing Future-Ready Generations to Achieve the Full Potential of the Nation,” will build on the solid foundations laid over the past three years of the Marcos administration.

The NEP is the national government’s proposed budget for the next fiscal year and serves as the basis of Congress in crafting the General Appropriations Bill, which then becomes the General Appropriations Act once signed into law by the President.

The spending plan includes the planned government expenditure for the succeeding fiscal year, as well as the allocated funds for different programs and initiatives.

In line with the Philippine Development Plan 2023-2028, the 2026 NEP will prioritize key programs in education, infrastructure, digitalization, health, and social services. (PNA)