Marcos’ office remains top spender of confidential, intel funds

Office Of The President News

Marcos’ office remains top spender of confidential, intel funds
Bongbong MarcosBongbong Marcos OfficeConfidential Funds
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THE Office of the President has remained as the top spender of confidential and intelligence funds for 2023 amounting to a total of P4.56 billion, the Commission on Audit said in its Annual Financial Report.In its report, the COA said the office of President Ferdinand Marcos Jr. spent P2.25 billion for confidential expenses and P2.31 billion for intelligence activities in 2023, respectively.

Office of the Presidential Adviser on Peace, Reconciliation and Unity - P49,500,000The top spenders for the intelligence funds after the Office of the President are the following:2. Department of National Defense - P2.25 million3. Philippine National Police - P936,597,0004. Nica - P522,709,0005. Philippine Coast Guard - P10,000,000The COA said the National Government spent a total of P10.433 billion on CIF for 2023, P685.65 million higher than the P9.757 billion CIF it spent in 2022.Of the P10.

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