Philstar
OP operating expenditures drop to P12.3 billion
The Office of the President's (OP) maintenance and other operating expenses (MOOE) significantly decreased by 43.4% in 2023, totaling P12.313 billion, down from P21.768 billion in 2022.
The decline in expenses is partly attributed to a substantial reduction in the Socio-Civic Projects Fund, which dropped from P15.568 billion in 2022 to P5.408 billion in 2023.
The OP stated this decrease was due to lesser financial assistance granted in 2023, as some 2022 assistance was still subject to liquidation.
Personnel services expenses also saw a decrease, falling to P1.372 billion from P1.409 billion in 2022.
Expenses for professional services, including legal and consultancy fees, decreased to P35 million from P54.25 million.
Repairs and maintenance costs for the OP's transport fleet, equipment, and structures also fell from P86.18 million to P34.38 million.
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