DBM submits proposed 2026 P6.793T nat'l budget to House
The legislative body, holding the 'power of the purse,' is now set to start deliberating on the proposed budget allocations set by the executive branch for 2026 after the submission of the DBM.
The Budget Department's submission came a day after the 2026 NEP was presented to President Ferdinand 'Bongbong' Marcos Jr.
Marcos approved the proposed national budget for next year last month.
The proposed budget was equivalent to 22.0 % of gross domestic product and higher by 7.4% from the fiscal year 2025 budget of P6.326 trillion. —VAL, GMA Integrated News
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