Marcos' office retains P4.5-B confidential, intel fund for 2025 – DBM

Marcos’ office retains P4.5-B confidential, intel fund for 2025 – DBM

/ 02:41 PM July 29, 2024

The Department of Budget and Management turns over to the House of Representatives the proposed national budget for 2025.

The Department of Budget and Management turns over to the House of Representatives the proposed national budget for 2025.

MANILA, Philippines — The Office of the President (OP) has a P4.56-billion confidential and intelligence fund (CIF) allocation for the proposed 2025 national budget, which is equal to what the office got in 2023 and 2024.

Documents released by the Department of Budget and Management (DBM) on Monday, particularly the Budget of Expenditures and Sources of Financing for Fiscal Year 2025, showed that the OP got a P2.310-billion intelligence fund and P2.250 billion for confidential expenses.

Article continues after this advertisement

READ: President’s office seeks bulk of intel, confidential funds

FEATURED STORIES

Similar figures were allocated in 2023 and 2024, or the first two budgets prepared by the DBM under President Ferdinand Marcos Jr.

In 2021, during the time of former President Rodrigo Duterte, the OP asked for P2.250 billion each for confidential and intelligence funds.

Article continues after this advertisement

READ: Duterte’s office grilled over proposed P4.5B confidential, intelligence funds for 2022

Article continues after this advertisement

The Office of the Vice President (OVP) did not get confidential fund (CF) allocation as it did not request any secret expenditures for 2025.

Last year, the House of Representatives removed the CF requests of the OVP and the Department of Education for 2024.

Article continues after this advertisement

READ: House gives zero confidential funds to OVP, DepEd, DICT, DFA, DA 

The DBM submitted to the House the 2025 National Expenditures Program (NEP), which contains the P6.325- trillion allocation for the proposed budget.

READ: DBM submits proposed P6.3T national budget for 2025 to House

According to Budget Secretary Amenah Pangandaman, the CIF within the NEP went down by 16 percent if compared to the 2024 General Appropriations Act (GAA).

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

“The DBM got a total proposed P11.39-billion CIF for 2025, of which confidential is P5.22 billion, intelligence is P6.17 billion. But we only approved a P10.29-billion CIF. The breakdown is P4.37 billion for confidential expenses and P5.92 billion for intelligence expenses,” she said in a media briefing on Monday.

READ: DBM: Confidential, intel funds for 2025 down 16%

TAGS: 2025, confidential and intelligence funds, DBM, Ferdinand Marcos Jr., House of Representatives, national budget

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.