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Budget ratification and signing set for Dec. 29
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Lawmakers concluded the first-ever open-door bicameral conference committee meeting for the P6.793-trillion national budget for 2026 on Thursday, December 18, after four days of intensive deliberations.
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President Ferdinand "Bongbong" Marcos Jr. and his staff will work through the Christmas break to thoroughly review the proposed P6.7-trillion national budget for 2026 before signing it into law.
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Senate Finance Committee Chair Sherwin Gatchalian admitted that the 2026 national budget is no longer on schedule for approval.
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The bicameral conference committee meeting to reconcile the proposed P6.793-trillion national budget for 2026 has been moved to December 13, 2025.
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President Ferdinand "Bongbong" Marcos Jr. prefers to avoid a reenacted budget and is confident Congress will pass a "clean" 2026 national budget on time.
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