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Key FactsSenate panel clears proposed OVP budget with P500 million CIF
Sep 4, 2023 · Reading time: ~45 sec.
Summary created with AI assistance · Source: rappler.com
  • On September 4, the Senate finance committee approved the proposed 2024 OVP budget of P2.3 billion, including P500 million for confidential and intelligence funds.

  • Only minority leaders Koko Pimentel and Risa Hontiveros questioned Vice President Sara Duterte about the requested P500 million in confidential and intelligence funds.

  • Hontiveros noted that the requested amount exceeds the confidential funds of the Department of National Defense and the National Intelligence Coordinating Agency in the proposed 2024 budget.

  • Duterte said the funds would support the safe and successful implementation of OVP projects, while she is also seeking P150 million in confidential funds for the Department of Education.
  • There was no item for confidential expense in 2022, so it’s not even P1. It’s zero. It’s not even mentioned in the line item budgeting for OVP. And yet at year-end, we have now entry of ₱125 million charged to a line item that did not exist at the beginning.
    — Senator Koko Pimentel, during the Senate finance committee budget deliberations on the 2024 OVP budget, criticizing the absence of a line item and the later entry of ₱125 million in confidential funds.