GMA News
Gatchalian sees lower 2026 budget than NEP
Senator Sherwin Gatchalian, chairperson of the Senate Committee on Finance, indicated that the Senate may approve a 2026 national budget that is lower than the P6.793 trillion proposed by the executive branch.
Gatchalian noted that some government agencies are requesting funds for projects that lack clear justification, while certain state corporations are seeking allocations despite having their own financial resources.
He also mentioned that the Senate is considering a 15-20% reduction in infrastructure projects for the Department of Public Works and Highways (DPWH).
These potential savings could be reallocated to the education and social welfare sectors, supporting initiatives such as classroom construction, textbook procurement, and feeding programs.
Gatchalian stated that a lower national budget would also lead to a decline in the budget deficit, reducing the need for borrowing.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
