House strips OVP, four other agencies of confidential funds | News |

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The House of Representatives has removed P1.23 billion worth of confidential funds of five agencies, including the Office of the Vice President (OVP) and the Department of Education (DepEd), under the proposed P5.768-trillion budget for 2024.

House Committee on Appropriations senior vice chairperson Stella Quimbo said this happened after the House small panel agreed to reallocate P194 billion from the proposed 2024 national budget for 2024 — including the P1.23 billion of confidential fund — to other government budget items that address the rising cost of commodities, seek to develop and protect the West Philippine Sea, and are subject to auditing procedures. “Our panel introduced P194 billion worth of institutional amendments.

23 billion will go to the following agencies: P300 million to the National Intelligence Coordinating Agency; P100 million to the National Security Council; P200 million to the Philippine Coast Guard for intelligence activities and ammunition; and P381.8 million to the Department of Transportation for airport development/expansion of Pag-asa Island Airport DepEd is headed by Vice President Sara Duterte while the DA is concurrently being led by President Ferdinand "Bongbong" Marcos Jr.

Source: Education Headlines (educationheadlines.net)

 

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