Advocacy group Philippine Business for Education (PBEd) on Tuesday said it fully supports Congress' efforts to move closer to global benchmarks for education spending, following the proposed P1.38 trillion allocation to the education sector in the 2026 national budget.

In a statement, PBEd said this level of investment demonstrates a clear recognition that sustained human capital development is central to the country’s long-term competitiveness.

"It is also an opportunity to address persistent learning gaps, strengthen teacher quality, and improve school facilities," PBEd said. "Realizing these outcomes, however, requires transparent and accountable budget processes that ensure every peso delivers maximum value for learners."

PBEd also urged greater transparency, especially in the bicameral conference committee where final budget allocations are decided.

"Decisions at this stage greatly affect education priorities, so public scrutiny is essential to ensure resources go to programs that most improve learning outcomes," PBEd said.

The group added that ensuring transparency must be coupled with stronger accountability measures and appropriate corrective action for parties proven to have mismanaged education funds.

"This is essential to safeguard public resources and uphold the integrity of the education reform agenda," it said.

"A more accountable and participative budgeting process also boosts stakeholder confidence and helps align government, private sector, and development partners around shared goals," PBEd said.

PBEd also said the increased funding must be tied to a long-term reform agenda with clear policy targets, measurable indicators, and strong monitoring and evaluation systems.

"Budget growth alone will not translate into higher literacy rates, improved teacher effectiveness, or better alignment between education and labor market needs without disciplined implementation. Government spending must be anchored on evidence-based reforms and that performance is rigorously tracked and made public," it said.

The group underscored the importance of consistent leadership and effective management in the Department of Education (DepEd) to ensure that additional funding is allocated to high-priority areas such as teacher professional development, learning remediation, and system governance.

PBEd reiterated its confidence in Education Secretary Sonny Angara and the current DepEd team, whose commitment to transparency, data-driven policymaking, and collaboration provides the stability needed to advance key reforms.

"A clear signal of support for both the increased budget and the continuation of the reform agenda is essential for sustaining momentum and ensuring that education investments yield meaningful results," it added.