Try GOLD - Free
OP operating expenditures drop to P12.3 B
The Philippine Star
|December 12, 2024
The Office of the President (OP) scaled back on expenses during President Marcos' first full year in office in 2023, having spent 43.4 percent less than its spending in 2022, according to the Commission on Audit.
-
COA's audit report released on Dec. 1 showed that the OP's maintenance and other operating expenses (MOOE) in 2023 were at P12.313 billion from P21.768 billion in 2022.
Its expenses for the salaries, bonuses and benefits of all Malacañang personnel also decreased to P1.372 billion from P1.409 billion in 2022.
Expenses for donations or the fund releases from the OP's Socio-Civic Projects Fund saw the biggest decrease from P15.568 billion in 2022 to P5.408 billion in 2023 or a P10.16-billion reduction.
"The significant decrease in this account is due to the lesser financial assistance granted in 2023, considering that some assistance granted in 2022 are still subject to liquidation before a new assistance may be granted," the OP said.
Malacañang's professional services or the legal, consultancy and technical or skilled hires fell to P35 million from P54.25 million. Repairs and maintenance covering the OP’s transport fleet, equipment and standing structures also fell from P86.18 million to P34.38 million.
While Marcos’ local travel expenses were scaled down, his foreign travel expenses soared to P751.52 million in 2023 from P396.27 million in 2022.
This story is from the December 12, 2024 edition of The Philippine Star.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Philippine Star
The Philippine Star
Flight means guilt
It's not a legal or scientific way of establishing criminal culpability, but it has always been the case in the court of public opinion: flight is equated with guilt.
1 mins
October 29, 2025
The Philippine Star
Peso hits record low, weakens to 59.13:$1
The peso depreciated for the 10th straight trading day to close at 59.13 against the dollar yesterday, marking a new record low amid market concerns over slower economic growth and expectations of further monetary easing.
2 mins
October 29, 2025
The Philippine Star
ZACK TABUDLO MAKES FULL-CIRCLE MOMENT IN GMA'S 'THE VOICE KIDS'
He may only be 23, but singer Zack Tabudlo has been in the public eye since he was 10, when he competed and placed in the talent competition \"Talentadong Pinoy.\"
3 mins
October 29, 2025
The Philippine Star
Who else did ex-ombudsman 'secretly' exonerate?
Ex-ombudsman Samuel Martires would do well to answer that question.
3 mins
October 29, 2025
The Philippine Star
CARTIER: THE JEWELER OF KINGS, THE KING OF JEWELERS
Even on a weekday, the Cartier exhibit at the Victoria & Albert Museum in London was heaving with jewel fiends swooning over more than 350 jaw-dropping pieces that include gobstopper-sized diamond rings, overwhelming swags of necklaces, and dazzling tiaras, secured from international museums, royal collections, and private collectors.
4 mins
October 29, 2025
The Philippine Star
BEAUTY AND RENEWAL
At the recent launch of the La Prairie Pure Gold Radiance Collection, guests were welcomed into an afternoon of refined elegance and sensory indulgence to capture the essence of radiance, renewal and transformation - values at the heart of La Prairie's luxurious skincare philosophy.
1 min
October 29, 2025
The Philippine Star
MILF-backed gunmen assault Basilan town
A firefight broke out in Tipo-Tipo, Basilan yesterday morning after a group of armed men reportedly backed by members of the Moro Islamic Liberation Front (MILF) attempted to lay siege on the town proper.
1 min
October 29, 2025
The Philippine Star
Preloved book industry flipping through market volatilities
Books were not directly impacted by the higher tariffs imposed by the US.
4 mins
October 29, 2025
The Philippine Star
GAC SHOWCASES 3 NEW EVS AT THE 2025 PHILIPPINE ELECTRIC VEHICLE SUMMIT
GAC made a commanding presence at the 13th Philippine Electric Vehicle Summit (PEVS) with the launch of two all-new electric vehicle models - the AION V and HYPTТЕС HT - and the first Philippine showcase of its global strategic model, the AION UT.
5 mins
October 29, 2025
The Philippine Star
Obsolescence oversight?
We have been loyal clients of this bank since the early 1990s when we opened an account with another bank and stayed when the two banks merged.
3 mins
October 29, 2025
Listen
Translate
Change font size

