FY 2026 NEP: Nurturing future-ready generations

(Part V)

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ssalamu alaikum wa Rahmatullahi wa Barakatuh. As we, in the administration of President Ferdinand R. Marcos Jr. (PBBM), push forward into the second half of our term, we are laying a strong foundation for long-term growth.

We are creating a legacy of an enabling environment that fosters equitable growth, makes governance transparent and accountable, and builds resilient communities anchored on the Philippine Development Plan (PDP) 2023-2028. This, as we continue to ensure that the Philippines remains among the fastest-growing economies in the Asia-Pacific region, achieves upper middle-income status, and becomes a top investment destination.

Thus, for next year, under the P6.793 trillion Fiscal Year (FY) 2026 National Expenditure Program (NEP), we identified spending priorities to enhance and upgrade infrastructure, including digital and social infrastructure, as well as to ensure affordable, reliable, and clean energy.

Build Better More

We are fast-tracking infrastructure development to create more livable communities, modernize transport systems, and address longstanding challenges. In fact, we allocated P1.556 trillion for the Build Better More program under the FY 2026 NEP, which is five percent of our Gross Domestic Product (GDP), aligned with our target infrastructure spending of five to six percent of our GDP. In line with PBBM's 4th State of the Nation Address (SONA), we will ensure that the welfare and safety of our people are at the heart of these projects.