Half of NCR cities stop using confidential funds, spending drops 35% in 2024

Half of NCR cities stop using confidential funds, spending drops 35% in 2024

MANILA, Philippines – Half of the 16 cities in the National Capital Region (NCR) stopped spending confidential funds in 2024, a shift which contributed to a 35% drop in total regional expenditures, from P748.49 million in 2023 to P483.93 million. One is the city government of Makati which used to be one of the top spenders of confidential funds among local governments in the NCR. But in 2024, it reported no confidential expenses, a reversal from…