Salceda: With inflation at 1.3 %, next step is a good budget focused on food security, growth for all

HOUSE Ways and Means Chair Joey Salceda said the continued decline in inflation to 1.3 percent in May 2025 gives the government valuable room to act with speed and focus. He urged that this be translated into a national budget that delivers food security, inclusive growth, and visible results.

“We may not be able to increase total spending significantly, but we can spend faster and spend better. With inflation stable, the next step is a good budget. It must be focused, it must move quickly, and it must deliver results that people feel,” Salceda said.

He emphasized five priorities for the 2026 national budget. First, food security through full funding for the newly ratified Livestock, Poultry, and Dairy Development Act. Second, targeted support for small businesses adjusting to wage hikes. Third, strategic infrastructure, especially the completion of the San Juanico Bridge within the year. Fourth, timely fund releases for agencies and local governments with proven capacity to implement. Fifth, credible investments in national defense and readiness.

Salceda added that stable inflation allows government to act decisively without adding pressure on prices.

“This is the kind of environment where smart public spending can do the most good. We have the tools. We have the momentum. Now we need a budget that makes it count,” he said.

He also commended the administration’s economic team for managing inflation effectively.

“They have laid the groundwork. The next move is ours. A well-crafted 2026 budget will be our statement of intent and delivery,” Salceda concluded.