DBM: P4.3-B confidential funds, P4.9-B intel funds in proposed 2024 budget

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DBM: P4.3-B confidential funds, P4.9-B intel funds in proposed 2024 budget
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The proposed 2024 national budget transmitted to the House of Representatives contains P4.3 billion worth of confidential funds and P4.9 billion for intelligence funds across all government agencies, the DBM said. | GabrielLaluINQ

Department of Education – P150 million“‘Yon lang ‘yong mga major; we can provide the breakdown though makikita niyo siya sa online,” Pangandaman said.

“Alam niyo po ‘yong confidential and intel funds, meron naman pong guidelines ‘yan from COA on how to use the funds. Hindi naman po siya budget na pagkabigay, they can disburse it and use it, meron din pong dokumento na sina-submit po sa COA and then may mga breakdown din po ‘yan when we request the budget,” she noted.

Initial information from the DBM showed that the proposed budget is 9.5 percent higher than the P5.267 trillion General Appropriations Act or the enacted budget for 2023.As mandated by the 1987 Constitution, the education sector gets the highest allocation in the proposed 2024 national budget with P924.7 billion. This is higher than the P895.2 billion approved in the 2023 GAA.

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