Not so confidential funds
The Philippine Star
|November 22, 2024
Properly defined, confidential and intelligence funds are the total amount of allocations set aside in the national budget for expenses that involve surveillance and intelligence information gathering activities while intelligence funds are for intelligence expenses related to information gathering activities of uniformed and military personnel and intelligence practitioners that have a direct impact on national security.
As a rule, national government agencies (NGAs) can get both confidential and intelligence funds, while local governments and GOCCs can only get confidential funds. Having said this, while in the first year of the Marcos administration, both budgets of the OP and OVP were passed quickly, it is quite intriguing that to date, the OVP budget is still lengthily in question and specifically on the so called utilization of confidential funds.
While the people's money most certainly should always be accounted for, I am, among many others, in awe by the House hearing on the confidential funds issue of VP Sara Duterte.
Denne historien er fra November 22, 2024-utgaven av The Philippine Star.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Philippine Star
The Philippine Star
CHAIRS ARE ABOUT DESIGN, MEMORY, HISTORY AND POWER
Chairs hold so much memory.
2 mins
December 20, 2025
The Philippine Star
DoubleDragon ready to pursue next phase of growth
DoubleDragon Corp., the property developer chaired by tycoons Edgar “Injap” Sia Il and Tony Tan Caktiong, is unleashing its next phase of growth, which it intends to achieve over the next decade.
2 mins
December 20, 2025
The Philippine Star
Davao City bypass road opened
The Davao City coastal bypass road was opened to motorists yesterday morning, Malacañang announced.
1 min
December 20, 2025
The Philippine Star
The gift of time
What does everyone have in equal portions, whether young or old, rich or poor, male or female?
4 mins
December 20, 2025
The Philippine Star
Thai queen wins gold in team sailing
The queen of Thailand on Thursday won a gold medal in sailing at the Southeast Asian Games, a regional competition being held in her country this month.
1 min
December 20, 2025
The Philippine Star
BSP profit down in 9 months
The earnings of the Bangko Sentral ng Pilipinas (BSP) dropped by 14 percent to P94.3 billion as of end-September from P109.7 billion a year earlier, weighed down by a sharp fall in miscellaneous income and lower overall revenues.
1 mins
December 20, 2025
The Philippine Star
PEZA poised for strong finish; approvals surpass 2024 total
The Philippine Economic Zone Authority (PEZA) is on track to close the year on a high note as the total approved investments already surpassed 2024’s full-year figure.
1 mins
December 20, 2025
The Philippine Star
HPG intercepts P143-M smuggled cigarettes
Over 2,000 boxes of smuggled cigarettes valued at P143 million were seized by the Highway Patrol Group in Quezon City on Wednesday, the Department of the Interior and Local Government announced yesterday.
1 min
December 20, 2025
The Philippine Star
OF REMARKABLE BREAKTHROUGHS
Global beauty expert DMark Beauty Corporation, under the visionary leadership of its CEO and beautypreneur Nikki Tang, hosted an illuminating scientific symposium titled “Skin Pigmentation GPS: Gems for Pathophysiology and Solutions” at the elegant Grand Ballroom C of Shangri-La The Fort, Manila in Bonifacio Global City, Taguig City.
1 min
December 20, 2025
The Philippine Star
Living the spirit of the original Noche Buena
The recent P500 Noche Buena announcement by the Department of Trade and Industry has caught a lot of attention.
3 mins
December 20, 2025
Listen
Translate
Change font size

