Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

Senator pushes for heightened vigilance over 2026 budget use

Senator pushes for heightened vigilance over 2026 budget use – BusinessWorld Online


      
      
      
      
      








PHILIPPINE STAR/PAOLO ROMERO

A SENATOR on Sunday called for continued public vigilance over the 2026 national budget, noting that oversight should extend beyond its passage into its implementation.

“The same vigilance showed by the public led by the Catholic Church, religious groups and civil society organizations must be maintained in watching over the budget’s implementation,” Senator Panfilo “Ping” M. Lacson said in a statement.

He added that public support is needed to flag potential wrongdoings in the implementation of the P6.793-trillion national budget for 2026.

“I hope that since there are only 24 of us, we should have the support of many Filipinos,” Mr. Lacson said.

The senator said that the chamber has placed several general and special provisions that function as safety nets and safeguards in the execution of the national spending plan.

These include the strict implementation of and compliance with the Medical Assistance to Indigent and Financially Incapacitated Patients under the Universal Health Care program.

He added that a monthly oversight of infrastructure and farm-to-market road programs would also be implemented. This includes complete grid coordinates for easy monitoring by media and the public.

The Senate had also banned the use of guarantee letters from politicians to secure government aid for their constituents.

He added that the public must not “let down their guard” in the government utilization of the national spending plan.

“Our people must not let down their guard because the 2026 budget will show if there is indeed reform for our government and our nation,” he said. “We must learn from the lessons of corruption in the budgets of 2025 and prior years.”

The 2025 budget faced heightened scrutiny after several opaque budget allocations and congressional insertion were found, prompting calls for better transparency and accountability. — Adrian H. Halili

CEDTyClea





    You May Also Like

    Stock Markets

    An artificial intelligence (AI) sign is seen in this illustration taken on June 23, 2023. — REUTERS/DADO RUVIC/ILLUSTRATION By Beatriz Marie D. Cruz, Reporter...

    Stock Markets

    President Ferdinand R. Marcos, Jr. — PHILIPPINE STAR/NOEL B. PABALATE By Chloe Mari A. Hufana, Reporter PHILIPPINE President Ferdinand R. Marcos, Jr. will sign...

    Stock Markets

    By Justine Irish D. Tabile, Reporter THE DEPARTMENT of Trade and Industry (DTI), through the Board of Investments (BoI), endorsed last week 29 more...

    Finance

    Cryptocurrency has gone from a niche idea to a global tool for business. But behind the scenes, it still takes real work to make...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.