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Office of the President budget breezes through Senate panel
The Senate finance committee has approved the Office of the President's (OP) P27.36 billion proposed budget for 2026, which is now set for plenary consideration.
This budget represents a significant increase, largely attributed to the Philippines hosting the ASEAN Summit and related meetings in 2026.
Executive Secretary Lucas Bersamin attended the hearing and thanked the Senate panel for quickly approving the OP's budget.
The 2026 summit will be held in two parts, with 21 heads of state, including US President Donald Trump, expected to be invited.
Senate finance committee chair Sherwin Gatchalian stated the chamber would support funding for a summit that would showcase the country's potential.
The majority of questions during the committee hearing focused on the details of the ASEAN summit, which will involve two large summits and over 640 meetings.
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The Senate Committee on Finance approved the Office of the President's (OP) proposed P27.36 billion budget for 2026.
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The Office of the Vice President (OVP) is prepared for any budget outcome from Congress for 2026, with spokesperson Ruth Castelo stating they will "do whatever needs to be done" regardless of the amount approved.
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