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House strips OVP, four other agencies of confidential funds

www.gmanetwork.com House strips OVP, four other agencies of confidential funds

The House of Representatives has removed P1.23 billion worth of confidential funds of five agencies, including the Office of the Vice President (OVP) and the Department of Education (DepEd), under the proposed P5.768-trillion budget for 2024.

House strips OVP, four other agencies of confidential funds

“Our panel introduced P194 billion worth of institutional amendments. The main goal was to rationalize the allocation of resources to fight inflation, invest in human capital and in our country’s future,” Quimbo said at a press briefing.

“We believe that the House of Representatives is on the right side of history,” she added.

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