Palace confirms DBM withheld P84-B

Malacaňang has confirmed Thursday the congressional realignment amounting to more than P80 billion was withheld by the Department of Budget and Management (DBM).

Presidential Spokesperson Salvador Panelo said DBM Sec. Wendel Avisado told him the fund is in process.

“I talked with the Budget Secretary, and he told me about it. He said the P84 billion will not be released immediately, but depending on the need of the release thereof. In other words, there will be a process,” Panelo said.

Panelo believes the agency has not seen any irregularity in the fund and would not have been added to the national budget if there is a loophole.

The spokesperson also clarified that the Palace has nothing to do with the move by the DBM. – Report from Mela Lesmoras

Popular

Pag-IBIG financed homes increase 15% to over 68K in 9 months, socialized housing grows 173% under PBBM’s Expanded 4PH

Pag-IBIG Fund financed over 68,000 homes in the first nine months of 2026, up 15% from the same period last year, as financing for...

PBBM raises corn import quota to 500K MT amid projected supply deficit

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. has increased the Minimum Access Volume (MAV) for imported corn to 500,000...

Malacañang: Bato faces continued hunt if he refuses to surrender

By Darryl John Esguerra | Philippine News Agency Malacañang on Tuesday said authorities would continue hunting Sen. Ronald "Bato" dela Rosa if he refuses to...

PBBM orders tighter school security, early detection of student violence risks

By Dean Aubrey Caratiquet Amid a surge in cases of students getting involved in acts of violence, Malacañang said that President Ferdinand R. Marcos Jr....