THE PHILIPPINES is looking to spend P1.3 trillion for infrastructure projects in 2026, the Department of Budget and Management (DBM) said on Tuesday, January 13, weeks after President Ferdinand Marcos Jr. signed into law this year’s P6.79-trillion General Appropriations Act (GAA).
The government has set its infrastructure spending target at 4.3 percent of the country’s gross domestic product, Budget Secretary Rolando Toledo told Palace reporters.
“As much as possible, we want to increase further in the medium term,” Toledo said in a press briefing in Malacañang.
He added: “Wala nang ghost project diyan, so I think we can achieve our projected target as far as infrastructure is concerned.”
The DBM has yet to receive the infrastructure spending report in the last quarter of 2025, but the agency expects an “overall” increase in spending in the public sector, Toledo said.
In 2025, the DBM allocated P1.507 trillion or 5.2 percent of GDP for public infrastructure programs with the Department of Public Works and Highways (DPWH) receiving the bulk of the fund at over P1 trillion.
Infrastructure spending is seen by many economists as a stimulus to the economy. (ABS-CBN News)
