The Senate Committee on Finance, led by Senator Sherwin Gatchalian, scrutinizes the proposed Fiscal Year 2026 budget of the newly-created Department of Economy, Planning and Development (DEPDEV), formerly NEDA, and its eight attached agencies.

Highlights:
– Start of Hearing & Introduction of Resource Persons
– Deferment of PSRTI Budget Presentation
– DEPDEV Secretary Balisakan’s Opening Statement
– DEPDEV Key Accomplishments for FY 2024-2025
– DEPDEV’s Trusts and Priorities for 2026
– Sen. Gatchalian on Flood Control and Budget Insertions
– Discussion: The Role of Regional Development Councils (RDCs)
– Analysis: Why RDC-Endorsed Projects Are Not Funded
– Sec. Balisakan on Strengthening LGUs & Project Readiness
– Reforming the Planning and Budgeting Process
– Update on the National Innovation Fund
– PSA Update: Community-Based Monitoring System (CBMS)
– How CBMS Data is Refining the 4Ps Program
– PSA Update: National ID System Status
– On the Backlog and Rollout of the Digital National ID
– Reforming the Late Birth Registration Process
– Discussion on Proposed PSA Surveys and Unprogrammed Funds
– PopCom on the Alarming Rise in Teenage Pregnancies
– PIDS Budget: Proposed New Building
– DAP Budget: New ₱1.9-Billion Training Facility
– PPP Center: Project Pipeline Update
– Philippine National Volunteer Service Coordinating Agency (PNVSCA) Accomplishments
– Philippine Statistical Research and Training Institute (PSRTI) Accomplishments
– Tariff Commission on Rice Tariffs

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