Palace Defends P4.5-B Confidential and Intelligence Funds - BusinessWorld Online

Palace defends P4.5-B confidential and intelligence funds - BusinessWorld Online

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. “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 Ferdina…

Palace defends Marcos' office proposed P4.5B confidential funds for 2026

MANILA, Philippines — Malacañang on Thursday defended the P4.5-billion confidential funds proposed for the Office of the President in the 2026 budget.In a press conference, Palace Press Officer Claire Castro said that President Ferdinand Marcos Jr., as commander-in-chief and chief architect of national security and foreign policy, needed the funds to fulfill his mandate.Budget Secretary Amenah Pangandaman on Monday said the Department of Budget …

Palace defends proposed P4.5-billion confidential, intel funds for 2026

Palace Press Officer Claire Castro asserted that the president needs the fund to perform his duties.

Palace defends OP request of confi, intel funds worth P4.5B

Malacañang defended Thursday the request of the Office of the President for a confidential and intelligence fund, saying that President Ferdinand ''Bongbong'' Marcos Jr. is the chief architect of the country's security and foreign policy.