NextGen Day

The Office of the President and its affiliated offices’ proposed PHP8.9 billion budget for 2023, which includes PHP4.5 billion in expenditures for intelligence and confidential information, was approved by the Senate on Thursday (CIFs).

Senator Sonny Angara, the Senate Committee on Finance’s chairman and the author of the 2023 General Appropriations Act, was able to defend OP’s CIFs, which represented 65 percent of its Maintenance and Other Operating Expenses, following two hours of plenary arguments (MOOE).

According to Angara, President Ferdinand R. Marcos Jr. requested the same number of CIFs as his predecessor, former President Rodrigo Duterte.

Angara defended the President’s CIF, arguing that since the President is an “information gatherer” rather than merely a “consumer of funds,” he should be entitled to a portion of the confidential and intelligence monies.

The P2.25 billion in confidential money and the additional P2.25 billion in intelligence funding to be given to the Office of the President and its affiliated agencies were previously questioned by Senate Minority Leader Aquilino Pimentel III.

Although Pimentel acknowledged that this will only be excluded, he claimed he will offer an amendment that will reduce the OP’s budget for CIF.

The usual complaint about confidential and intelligence funds, according to Pimentel, is a lack of transparency. “Siguro (Maybe) in due time, I will propose an amendment to lower the CIF being supplied to the Office of the President,” he added.

The opposition senator inquired as to whether monthly accomplishment reports, rather than liquidation reports, may be requested from organizations receiving this contentious funding, such as the OP.

Angara claimed that since the two arms of government have a good working relationship, Pimentel’s proposal for Congress to request recurrent reporting on the executive department’s accomplishments would not be problematic.

Save/Share this story with QR CODE

---

Disclaimer

This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.

📩 Need to get in touch?

📩 Feel free to Contact NextGenDay.com for comments, suggestions, reviews, or anything else.

---

We appreciate your reading. 😊Simple Ways To Say Thanks & Support Us:
1.) ❤️GIVE A TIP. Send a small donation thru Paypal😊❤️
Your DONATION will be used to fund and maintain NEXTGENDAY.com
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
3.) 🛒 BUY or SIGN UP to our AFFILIATE PARTNERS.
4.) 👍 Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).

---

AFFILIATE PARTNERS

World Class Nutritional Supplements - Buy Highest Quality Products, Purest Most Healthy Ingredients, Direct to your Door! Up to 90% OFF.
Join LiveGood Today - A company created to satisfy the world's most demanding leaders and entrepreneurs, with the best compensation plan today.

---