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Senate panel passes P8.9-billion 2023 budget for Office of the President

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Sherrie Ann Torres, ABS-CBN News

<p>MANILA—It only took less than two hours for the Office of the President to woo members of the Senate finance committee to get approval for its proposed P8.9 billion budget for the year 2023. </p><p>The amount is higher than this year&#x27;s P8.1-billion appropriation received by the OP from the national budget.</p><p>Executive Secretary Lucas Bersamin at the hearing explained their requested budget increase. </p><p>&quot;The proposed OP budget of P8.969 billion net of the retirement and life insurance pension components will support programs and projects that will enable the president to deliver his constitutional mandate,&quot; Bersamin pointed out.</p><p>Senate Minority Leader Aquilino &quot;Koko&quot; Pimentel III, however, noticed the P50 billion dedicated to the OP&#x27;s Confidential and Intelligence Funds.&quot;</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/10/06/22/confidential-intel-funds-intact-after-realignments">Confidential, intel funds in 2023 budget remain intact despite realignments</a></li></ul><p>Pimentel stressed that prior to the OP&#x27;s budget approval, the committee had also approved the Presidential Management Staff&#x27;s proposed P863.7 million proposed appropriation for 2023.</p><div><strong>RELATED VIDEO</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1738461" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

It took less than two hours for the Office of the President to get members of the Senate finance committee to approve its proposed P8.9-billion budget.

Senate panel passes P8.9-billion 2023 budget for Office of the President

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Senate panel passes P8.9-billion 2023 budget for Office of the President

Sherrie Ann Torres,

ABS-CBN News

Published Oct 12, 2022 11:58 PM PHT

|

Updated Oct 13, 2022 12:17 PM PHT

Read More:

Office of the President

Senate finance committee

Lucas Bersamin

Koko Pimentel

national budget

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