After Signing of 2026 National Budget, House Speaker Bojie Dy Speaks on Implementation of GAA
President Ferdinand
Marcos Jr. has officially signed the P6.79 trillion national budget for 2026
. The ceremonial signing came after the country operated on a reenacted budget on the first week of January.
Several high-ranking officials of the Marcos Jr. administration were present at the ceremonial signing. The press was reportedly not allowed to use their gadgets at the event held in Malacañang Palace.
After the signing of the 2026 national budget, Pres.
Bongbong Marcos gave a speech wherein he announced his order to end the “Padrino System” in the Philippine government
. According to him, the politicians are no longer allowed to distribute cash aid and all forms of assistance.
The Malacañang Palace previously claimed that Marcos Jr. spent his Christmas holiday working most especially on the review of the then-proposed P6.79 trillion budget for 2026. The Palace said the President wants to see the difference between the allocations in the original National Expenditure Program (NEP) and the bicam-approved budget.
“The signing of the budget is not the end of our work. Simula pa lang ito. It is the start of oversight. Congress will make sure every peso is spent exactly as approved,”
the House Speaker said.
Photo Courtesy of PhilStar
According to House Speaker Bojie, there will be zero tolerance for corruption. He also stressed that there will be no shortcuts, leakages, nor excuses.
“Ang pera ng bayan ay dapat magamit para sa taumbayan,”
Dy said.
Based on a
report
of Inquirer, Marcos Jr. vetoed 7 out of 10 unprogrammed items in the 2026 national budget. The UAs were trimmed down to P150.9 billion which is the lowest record since 2019. Here are the UAs rejected by the President:
Budgetary Support for Government Owned and Controlled Corporations: P6.895 billion
Insurance of Government Assets and Interests: P2 billion
Payment of Personnel Services Requirements: P43.245 billion
CARS Program (Automotive Industry Support): P4.32 billion
RACE Program (Automotive Industry Competitiveness): P250 million
Government Counterpart for Certain Foreign-Assisted Projects: P35.77 billion
Previously, Executive Secretary
Ralph Recto also spoke on the 2026 national budget