Author page: Former Finance Secretary Gary Teves

Keeping the 2026 budget on track: What President Marcos must do next

Former Finance Secretary Gary Teves on Thursday, August 14, urged President Ferdinand Marcos Jr. to convene the Legislative-Executive Development Advisory Council (Ledac) before congressional committee hearings on the proposed 2026 national budget begin, and to meet at least monthly thereafter. In a statement sent to The Situation Report, former Secretary Teves said this is crucial given the country’s limited fiscal space and…

Read Article