President Ferdinand "Bongbong" Marcos Jr. announced the cancellation of all flood control projects scheduled for 2026 to ensure proper fund allocation and strengthen oversight of infrastructure spending.
The savings from the canceled projects will be redirected to key sectors such as education, agriculture, health, housing, infrastructure, ICT, labor, social services, and energy.
President Marcos stated that the budget being drafted now clearly indicates where these redirected funds will be allocated.
He also reinstated the requirement for local government officials to formally accept national projects to guarantee quality standards.
The President revealed that a comprehensive "menu" has been prepared outlining the specific realignment of funds for legislators to follow.
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