The Department of Budget and Management will submit the proposed P7.2-trillion 2027 National Expenditure Program to the House of Representatives on Tuesday, marking an increase from this year’s P6.793-trillion national budget. Palace spokesperson Atty. Claire Castro said the NEP, which the DBM formally turned over to President Ferdinand Marcos Jr. on Monday, prioritizes education, health, livelihood, security, and stronger communities under the theme “people-centered growth for an inclusive and resilient future.” Castro said the spending plan seeks to improve public services while creating more jobs and economic opportunities for Filipinos. The proposal now moves to Congress for scrutiny and approval.
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Corporate Bulletins
BSP honors 14 top insttutional partners at 2026 appreciation ceremony
The Bangko Sentral ng Pilipinas (BSP) on Monday recognized 14 outstanding institutional partners from its Head Office during the 2026 Outstanding BSP Stakeholders Appreciation Ceremony. The awardees were honored for their key contributions to financial inclusion, financial literacy promotion, and wider access to retirement savings via the Personal Equity Retirement Account (PERA). They also helped advance digital payments through the QR PH system and the introduction of tap-to-pay turnstiles for MRT‑3 commuters.
Construction
DPWH eyes P1.5B Taft drainage overhaul
The Department of Public Works and Highways is proposing a P1.5-billion drainage rehabilitation project for the entire stretch of Taft Avenue as the government intensifies efforts to address recurring flooding in Metro Manila’s key transport corridors.
Energy & Mining
Fuel prices drop over P4 per liter this week
The Department of Energy (DOE) confirmed fuel companies will roll back pump prices sharply this week, with cuts exceeding P4 per liter across all major products.
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