Monday, October 7, 2024

Office Of The President Seeks Lower 2025 Budget; Confidential, Intel Funds Unchanged

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Office Of The President Seeks Lower 2025 Budget; Confidential, Intel Funds Unchanged

1338

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The Office of the President (OP) is seeking a budget of PHP10.4 billion for next year, almost PHP200 million lower than its budget for 2024.

According to the 2025 National Expenditure Program (NEP) posted on the Department of Budget and Management (DBM) website, the OP is proposing a total budget of PHP10,446,475,000, lower than 2024’s PHP10,645,573,000.

Under OP’s spending plan, PHP1,274,479,000 is allocated for personnel services; PHP7,955,419,000 for maintenance and other operating expenses; and PHP1,216,577,000 for capital outlay.

Meanwhile, there is no change in the OP’s proposed confidential and intelligence funds worth PHP4.56 billion, of which PHP2.250 billion was allocated for confidential funds and PHP2.310 billion for intelligence.

It was the same confidential and intelligence funds that the presidential office has been asking for from the government coffers since 2022.

The DBM submitted to the House and Senate on Monday the 2025 NEP amounting to PHP6.325 trillion. (PNA)