SC ruling shows 2024, 2025 GAAs ‘worst’ in history – Lacson
Senator Panfilo Lacson has slammed the 2024 and 2025 General Appropriations Acts (GAAs) as the 'worst budgets in history' following a Supreme Court ruling declaring certain provisions unconstitutional. The decision sparks debate on congressional power and constitutional limits in budget formulation and execution.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- 30 Municipalities Lack Classroom Funding Despite Shortages, EDCOM 2 Reveals
Thirty fifth-class municipalities in the Philippines face a deficit of 356 classrooms, having received no funding for new facilities in FY 2026, according to the Second Congressional Commission on Education (EDCOM 2). The report highlights a disparity in budget allocation, with wealthier municipalities receiving preferential treatment.
- Philippines National Budgets Declared Unconstitutional by Supreme Court; DBM Reviewing Decision
The Philippine Supreme Court has declared the 2024 and 2025 national budgets unconstitutional, citing congressional additions to appropriations beyond the President's recommendations. The Department of Budget and Management (DBM) is now reviewing the decision's legal and fiscal implications to determine the next steps.
- PSEi Rallies on Bargain Hunting, Post-GCash Listing; Policy Outlook Eyed
The Philippine Stock Exchange index (PSEi) rose on bargain hunting and the recent public listing of GCash's parent company, Mynt. However, investor sentiment remains cautious ahead of the Bangko Sentral ng Pilipinas' monetary policy meeting.
- SC voids multi-trillion-peso budget laws for 2024 and 2025; what's next?
The Philippine Supreme Court has declared the 2024 and 2025 national budget laws, totaling P5.768 trillion and P6.352 trillion respectively, unconstitutional. However, funds disbursed in good faith for implemented projects will not need to be returned. The ruling introduces uncertainty for future fiscal management.