The proposed P6.793 trillion national budget for 2026 has reached the Senate floor, signaling the start of marathon plenary deliberations. Sen. Sherwin Gatchalian, chair of the Senate finance committee, formally sponsored House Bill No. 4058, under Committee Report No. 8, which contains the 2026 General Appropriations Bill. Lengthy sessions are set to begin on Thursday. Gatchalian told reporters that the Senate still aims to pass a budget lower than the Palace-approved P6.793 trillion. He said he aims to complete debates in 10 days, with plenary sessions running from 1 p.m. until completion. "Monday to Friday at 1 o'clock until we want." Individual amendments from senators will be reviewed by the finance committee to determine if they require budget adjustments and whether fiscal space exists. Only approved amendments will be published and included in the deliberations.
Philippines Senate begins 2026 budget deliberations
The Philippine Senate has started marathon plenary debates on the P6.793 trillion budget for 2026, aiming to pass a lower budget within 10 days.