Budget Secretary Amenah Pangandaman assured that the 2024 CIF, which will amount to P9.2 billion for 2024, will be covered by circulars and will be properly accounted for.
Pangandaman explained that joint circular identifies the projects and programs that CIF can fund since a section of the joint circular details how funds should be disbursed. The Office of the President will get P4.5 billion while P500 million is allocated to the Office of the Vice President and P1.7 billion to the Department of National Defense .
In 2018, the Budget chief said the CIF share in the total national budget was 0.215 percent; 0.192 percent in 2019; 0.235 percent in 2020; 0.212 percent in 2021; 0.183 percent in 2022; 0.190 percent in 2023; and, 0.176 percent in the 2024 budget proposal.
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