On Sunday, a bicameral conference committee in the Philippines adopted a reconciled version of the General Appropriations Bill, clearing the way for the 2026 national budget of P6.793 trillion. The vote took place at the Philippine International Convention Center, marking the first time the entire discussion was streamed online. The new draft merges previously conflicting provisions, ensuring a single, unified bill. The decision follows months of negotiation between Senate and House committees.
With the bill now approved, it will be sent to President Ferdinand Marcos Jr. for signature. House and Senate lawmakers praised the transparency and people‑centered focus of the draft. The budget emphasizes investment in human capital, aiming to improve public services. The bipartisan effort was highlighted as a model of fiscal responsibility.
"We want the public to see exactly how every peso of taxpayers' money is allocated," said House Appropriations Chair Mikaela Suansing, describing the plan as a "people‑centered budget."
Senate Finance Chair Sherwin Gatchalian thanked legislators for their collaboration. He confirmed that the reconciled version will be uploaded to transparency portals immediately after ratification. He emphasized the budget’s significant allocations for education, health, and agriculture—key drivers of economic growth. The bill’s focus on these sectors reflects the administration’s commitment to inclusive development.
The committee worked from December 13 to 18, holding marathon sessions that resolved all disputed provisions. They left no stone unturned, ensuring every provision was thoroughly debated. The sessions were streamed live, providing unprecedented transparency for the Filipino public.
"The reconciled budget includes significant allocations for education, health, and agriculture, which are essential for our economic development," Gatchalian said.
The bill is scheduled to be ratified by both chambers on Monday, December 29. Once ratified, it will be transmitted to the president for signature. Executive Secretary Ralph Recto expects the President to sign the General Appropriations Act in the first week of January.
