Mit Magzter GOLD unbegrenztes Potenzial nutzen

Mit Magzter GOLD unbegrenztes Potenzial nutzen

Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur

$149.99
 
$74.99/Jahr

Versuchen GOLD - Frei

Diokno urges Congress to pass P6.793-trillion 2026 budget without insertions

Manila Bulletin

|

October 2, 2025

Monetary Board Member (MBM) of the Bangko Sentral ng Pilipinas (BSP) and former Budget chief Benjamin E. Diokno urged Congress to pass the proposed ₱ 6.793-trillion 2026 national budget without "insertions," or funds that are not part of the administration's priority programs and projects.

- BY RICARDO M. AUSTRIA, ELLSON QUISMORIO, DERCO ROSAL, BETHEENA UNITE, and JOSEPH PEDRAJAS

Speaking at the Kapihan sa Manila Prince Hotel on Wednesday, Oct. 1, Diokno said "this new Congress must demonstrate that it is different from the previous one."

It was the preceding 19th Congress that passed the ₱6.326-trillion 2025 budget, which critics had assailed as the national government's "most corrupt" annual spending plan in history.

Diokno described the national budget as the most consequential piece of legislation expected from Congress, stressing that its timely approval is crucial.

He highlighted that over the last three years, the Department of Transportation's (DOTr) budget has been steadily reduced, with a 51.4-percent cut in 2025-from P180.9 billion in the National Expenditure Program (NEP) to P88 billion in the General Appropriations Act (GAA).

According to Diokno, the DOTr budget is essential for long-term infrastructure projects, including the Metro Manila subway system.

The Department of Public Works and Highways (DPWH), in contrast, was the "biggest gainer" in the 2025 GAA, receiving a 21-percent increase.

The DPWH is now in the middle of a corruption scandal involving "ghost" and ineffective flood control despite billions of pesos spent on such projects these past few years.

Diokno also noted that unprogrammed appropriations (UA) have grown significantly over the last three years, rising from the proposed 2025 NEP of P158.7 million to P363.4 million-a 129-percent increase under the 2025 GAA signed by President Marcos.

UAS are "the parade ground of corruption," he warned, referring to locally funded projects included under this category.

Since UAS are not covered by regular budget financing, they can only be funded by excess or new tax and non-tax revenues, as well as foreign loans for specific projects and programs.

In the 2026 budget proposal, UAS dropped to P249.9 billion from P363.4 billion this year and P531.4 billion last year.

WEITERE GESCHICHTEN VON Manila Bulletin

Manila Bulletin

ASEAN agri ministers seek US tariff exemptions

The agricultural ministers of the Association of Southeast Asian Nations (ASEAN) are looking to secure additional exemptions on certain agricultural products facing reciprocal tariffs from the United States (US), according to Philippine Agriculture Secretary Francisco Tiu Laurel.

time to read

2 mins

October 2, 2025

Manila Bulletin

Diokno urges Congress to pass P6.793-trillion 2026 budget without insertions

Monetary Board Member (MBM) of the Bangko Sentral ng Pilipinas (BSP) and former Budget chief Benjamin E. Diokno urged Congress to pass the proposed ₱ 6.793-trillion 2026 national budget without \"insertions,\" or funds that are not part of the administration's priority programs and projects.

time to read

4 mins

October 2, 2025

Manila Bulletin

Manila Bulletin

At least 69 dead in 6.9-magnitude Cebu quake

President Marcos has ordered the full mobilization of government agencies following the 6.9-magnitude earthquake that hit northern Cebu, killing at least 69 people and causing injuries to more than 140 on Tuesday night, Sept. 30.

time to read

10 mins

October 2, 2025

Manila Bulletin

PH at crossroads of political crisis

There seems to be an uneasy letup in the gathering storm of the trillion peso flood control scandal.

time to read

3 mins

October 2, 2025

Manila Bulletin

Manufacturing PMI falls in Sept.

Amid rainy weather, higher tariffs, and an import ban, the Philippine manufacturing sector slipped back into contraction in September as its purchasing managers' index (PMI) fell to 49.9, the lowest in six months and only the third decline in more than four years.

time to read

4 mins

October 2, 2025

Manila Bulletin

Rice prices climb as import ban dents supply

Higher rice prices, coupled with faster fish inflation, could have pushed headline inflation up in September, as the two-month rice import ban-which the government will prolong-might have tightened the supply of the Filipino staple food during the month.

time to read

2 mins

October 2, 2025

Manila Bulletin

'Paolo' may make landfall over Isabela or Aurora on Oct. 3 - PAGASA

The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Wednesday, Oct. 1 said Tropical Depression Paolo may generally move west-northwestward and could make landfall over Isabela or northern Aurora by Friday morning or afternoon, Oct. 3.

time to read

1 mins

October 2, 2025

Manila Bulletin

Green Archers bounce back

DLSU sends FEU to 0-3 hole; Lady Tams take 1st win

time to read

2 mins

October 2, 2025

Manila Bulletin

Burnham Lake rehab begins

The rehabilitation of Burnham Lake here started Wednesday, Oct. 1.

time to read

1 min

October 2, 2025

Manila Bulletin

Manila Bulletin

Tiny chef, big flavors

An immersive dining adventure with Le Petit Chef at Grand Hyatt Manila

time to read

4 mins

October 2, 2025

Listen

Translate

Share

-
+

Change font size