MANILA, Philippines — President Ferdinand Marcos Jr. on Monday enacted the General Appropriations Act (GAA) for 2026 in a ceremonial signing held in Malacañang. “The national budget is aligned with our medium- and long-term development plans and vision, reflecting our investment in the Filipino,” Marcos said. “The passage of the national budget is only the beginning because today we commence with the most difficult task to ensure the proper execution and instituting proper accountability.” This year’s P6.793 trillion budget is expected to “sustain the momentum in education reform, in health protection, in food security, in social security, and in job creation,” the President said. The bicameral conference committee ratified the GAA on December 29, 2025. The thorough review conducted by the executive branch led to the slight delay of the signing of the bill which resulted in the government operating on a reenacted budget for the first few days of 2026. The Palace earlier said this year’s budget underscores the administration's commitment to place the Filipino people at the center of the country's growth by prioritizing key sectors that lay the foundation for inclusive development.