August 18, 2025 | 12:00am
MANILA, Philippines — Members of President Marcos’ financial group are set to conduct a briefing right this moment on the proposed P6.793-trillion nationwide funds for 2026 that was submitted to the Home of Representatives for lawmakers’ scrutiny.
Set to temporary the Home plenary are officers who’re a part of the Growth Finances Coordination Committee: Secretaries Amenah Pangandaman of the Division of Finances and Administration, Ralph Recto of the Division of Finance and Arsenio Balisacan of the Division of Financial system, Planning and Growth together with Bangko Sentral ng Pilipinas Governor Eli Remolona.
Finances deliberations will begin tomorrow, the place two of the nationwide authorities’s revenue-generating businesses are scheduled to defend their 2026 funds – state-run Philippine Amusements and Gaming Corp. and the Philippine Charity Sweepstakes Workplace.
Subsequent on the schedule are three unbiased constitutional our bodies, on Aug. 26: the Civil Service Fee, Fee on Human Rights and Fee on Audit.
The Division of Commerce and Business and the Division of Science and Expertise will defend their budgets on Aug. 27.
Home appropriations committee chair Mikaela Suansing beforehand confirmed that each chambers of Congress have agreed to amend the legislative calendar for his or her break, initially set at Oct. 3 and now moved every week later to Oct. 10.
“Each homes have agreed that we’ll do our greatest to complete the funds as quickly as we are able to,” she mentioned.
Home members have vowed reforms to advertise transparency and accountability in crafting the outlay for 2026. This comes on the heels of criticism that this 12 months’s Common Appropriations Act is “probably the most corrupt funds ever.”