Marcos Redirects P225-B Flood Control Funds to Education and Health
Phnom penh: The PHP225 billion initially designated for locally funded flood control projects in the proposed 2026 budget will be redirected toward education, health, and other urgent needs, President Ferdinand R. Marcos Jr. announced on Tuesday. According to Philippines News Agency, President Marcos explained that the necessity for the 2026 flood control allocation has been negated due to ongoing investigations that have delayed the PHP350 billion budget for flood control in 2025. In contrast, foreign-assisted flood projects valued at approximately PHP50 billion will proceed as planned. The President emphasized that the reallocation of funds is intended to optimize the use