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Palace defends P4.5-B confidential and intelligence funds
Business World Philippines
|August 15, 2025
MALACAÑANG on Thursday defended the Office of the President’s proposed P4.5 billion in confidential and intelligence funds (CIF), saying there is nothing wrong with secret funds as long as they are not tainted with corruption.
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“Let’s remember that if the reporting is correct and the funds were used correctly, it will not be questionable,” Palace Press Officer Clarissa A. Castro told reporters in Filipino.
She also reminded that President Ferdinand R. Marcos, Jr. also stands as the Commander-in-Chief of the Armed Forces of the Philippines and chief architect of national and foreign policies.
The Chief Executive is seeking almost half of the total P10.77-billion CIF under the proposed 2026 budget, according to the Department of Budget and Management (DBM).
Dit verhaal komt uit de August 15, 2025-editie van Business World Philippines.
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