The Department of Budget and Management (DBM) has initiated the budget preparation process for Fiscal Year 2026, calling on government agencies to submit their proposals. The early call aims to ensure ample time for review and alignment with the government's socioeconomic agenda.
The Department of Budget and Management (DBM) has called on government departments and agencies to prepare their budget proposals for Fiscal Year 2026. Budget Secretary Amenah Pangandaman issued the National Budget Memorandum No. 153, or the National Budget Call, on December 27, 2024, signaling the preparatory stage for the drafting of the National Expenditure Program (NEP) for next year. The Budget Call was issued days before President Ferdinand “Bongbong” Marcos Jr. signed the P6.
326-trillion General Appropriations Acts for FY 2025. At the Kapihan sa Manila Bay news forum on Wednesday, the Budget chief said the early issuance of the Budget Call was done “so that there is enough time for the agencies to prepare their budget request to DBM.”“Because it's a long process. We will sit with the DBM, each bureaus, directors, and officials one by one… They also, within their departments, will have their meetings, their TWGs, just to make sure that those projects are readily implementable and consistent with our so-called PDP made by our government, the eight-point socioeconomic agenda,” Pangandaman said. The Budget chief said the DBM has set a budget forum within the department on January 27 and another with national government agencies and government-owned and controlled corporations on January 28. Based on the 2022-2028 Medium Term Fiscal Framework, the state expenditure plan for 2026 is estimated at P6.793 trillion. Pangandaman, however, said that the entire MTFF is subject to review in the first quarter of 2025. “May magbabago po sa numbers ng MTFF. And for everybody's information, dun sa MTFF po natin that was adopted by both houses, 2025 po ‘yung year ng review ng entire MTFF,” she said. (There will be changes in the numbers under MTFF. And for everybody's information, under the MTFF that was adopted by both houses, 2025 is the year for the review of the entire MTFF.
Budget Philippines Government Fiscal Year National Expenditure Program
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