The 2026 budget is backdropped by criticism and outrage over what is estimated to be billions in public funds that were misspent in substandard or non-existent The 2026 budget is backdropped by criticism and outrage over what is estimated to be billions in public funds that were misspent in substandard or non-existent

[Rappler Recap] Marcos signs 2026 budget: Vetoes, promises, challenges

2026/01/05 15:19
1 min read
For feedback or concerns regarding this content, please contact us at [email protected]

MANILA, Philippines – In a quick ceremony in Malacañang Palace on Monday, January 5, President Ferdinand Marcos Jr. signs the 2026 national budget into law.

It’s the first budget under his administration to be signed this late. It’s also the first that’s backdropped by a flood control scandal that’s rattled his administration. 

Can and will the President fulfill his New Year promises? Rappler’s Bea Cupin gives an update from Malacañang Palace. – Rappler.com

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

USD1 Genesis: 0 Fees + 12% APR

USD1 Genesis: 0 Fees + 12% APRUSD1 Genesis: 0 Fees + 12% APR

New users: stake for up to 600% APR. Limited time!