President Ferdinand “Bongbong” Marcos Jr. officially signed the P6.793 trillion national budget for this year on Monday, January 5, 2026.
During the ceremonial signing in Malacañang, President Marcos announced that he vetoed P92.5 billion worth of provisions from the proposed budget.
“With the National Budget 2026, your government’s direction is clear; it will be more prudent and more responsible in spending the people’s funds,” the President said.
“Every program and project will go through a thorough review to ensure it has a clear benefit to the people,” he added.
According to the Department of Budget and Management, the 2026 budget prioritizes investments in human capital, including the highest allocations for education and enhanced funding for health services, as the administration seeks inclusive growth and expanded opportunities for citizens.
Editor’s Note: This story will be updated.
