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  • 1 week ago
President Ferdinand Marcos Jr. vetoes over P92.5 billion of unprogrammed appropriations in the national budget for 2026. This reduces the UA to less than half of the amount Congress had agreed upon and approved.

Full story: https://www.rappler.com/philippines/marcos-jr-veto-unprogrammed-appropriations-budget-2026/
Transcript
00:00President Ferdinand Marcos Jr. vetoes over P92.5 billion of unprogrammed appropriations in the national budget for 2026.
00:08This reduces the UA to less than half of the amount Congress had agreed upon and approved.
00:13To ensure that public funds are expended in clear service of national interest,
00:19I vetoed several items of appropriations with their purposes and corresponding special provisions under the UA,
00:27totaling almost P92.5 billion.
00:32He also notes the unprogrammed appropriations for 2026, at just over P150 billion,
00:38were at the bare minimum and the lowest since 2019.
00:41These are the vetoed items.
00:48Marcos signs the 2026 national budget into law on Monday, January 5.
00:53The 2026 budget is the first under Marcos that was signed this late.
00:57This year's budget approval comes amid heightened scrutiny and public outcry over billions of pesos
01:02that were pocketed through government flood control projects.
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